MK 27 MANAGEMENT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MK 27 MANAGEMENT
Largest movements
- Cash +€116,930
up €116,930 (+293.1%), from €39,892 to €156,822
mainly Net result for the year (+€113,339) and Tax, wage and social debts (+€46,898)
- Receivables within one year +€41,624
up €41,624 (+226.3%), from €18,392 to €60,016
- Profit (loss) carried forward +€113,339
up €113,339 (+310.1%), from €36,552 to €149,891
- Tax, wage and social debts +€46,898
up €46,898 (+293.2%), from €15,996 to €62,894
of which Taxes: +€35,798
- Gross operating margin +€97,488
up €97,488 (+209.1%), from €46,615 to €144,103
- Taxes +€19,608
up €19,608 (+204.5%), from €9,589 to €29,197
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,284 | €216,838 | +€158,554 | +272.0% |
| Current assets | 29/58 | €58,284 | €216,838 | +€158,554 | +272.0% |
| Amounts receivable within one year | 40/41 | €18,392 | €60,016 | +€41,624 | +226.3% |
| Trade receivables | 40 | €18,392 | €60,016 | +€41,624 | +226.3% |
| Cash at bank and in hand | 54/58 | €39,892 | €156,822 | +€116,930 | +293.1% |
| Total equity and liabilities | 10/49 | €58,284 | €216,838 | +€158,554 | +272.0% |
| Equity | 10/15 | €39,552 | €152,891 | +€113,339 | +286.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,552 | €149,891 | +€113,339 | +310.1% |
| Amounts payable | 17/49 | €18,732 | €63,946 | +€45,214 | +241.4% |
| Amounts payable within one year | 42/48 | €18,732 | €63,946 | +€45,214 | +241.4% |
| Trade debts | 44 | €2,736 | €1,053 | -€1,683 | -61.5% |
| Suppliers | 440/4 | €2,736 | €1,053 | -€1,683 | -61.5% |
| Taxes, remuneration and social security | 45 | €15,996 | €62,894 | +€46,898 | +293.2% |
| Taxes | 450/3 | €15,996 | €51,794 | +€35,798 | +223.8% |
| Remuneration and social security | 454/9 | - | €11,100 | +€11,100 | |
| Other operating charges | 640/8 | €424 | €1,567 | +€1,143 | +269.5% |
| Gross operating margin | 9900 | €46,615 | €144,103 | +€97,488 | +209.1% |
| Operating profit (loss) | 9901 | €46,191 | €142,536 | +€96,345 | +208.6% |
| Financial charges | 65/66B | €50 | - | -€50 | |
| Recurring financial charges | 65 | €50 | - | -€50 | |
| Profit (loss) for the period before taxes | 9903 | €46,141 | €142,536 | +€96,395 | +208.9% |
| Income taxes | 67/77 | €9,589 | €29,197 | +€19,608 | +204.5% |
| Profit (loss) for the period | 9904 | €36,552 | €113,339 | +€76,787 | +210.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,552 | €113,339 | +€76,787 | +210.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.