MK AGENCIES: what changed
Two financial 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 AGENCIES
Largest movements
- Cash +€10,129
up €10,129 (+8.7%), from €115,856 to €125,986
mainly Net result for the year (+€49,535) and Depreciation (+€8,620)
- Intangible fixed assets -€8,000
down €8,000 (-44.4%), from €18,000 to €10,000
- Receivables within one year -€5,303
down €5,303 (-40.6%), from €13,061 to €7,758
of which Trade receivables: -€4,889
- Deferred charges and accrued income +€3,135
up €3,135 (+32.7%), from €9,589 to €12,724
- Other debts +€5,584
up €5,584 (+10.2%), from €54,967 to €60,551
- Accrued charges and deferred income -€4,285
no longer reported in 2025 (was €4,285)
- Tax, wage and social debts -€1,835
down €1,835 (-38.6%), from €4,761 to €2,925
- Gross operating margin +€5,055
up €5,055 (+7.1%), from €71,691 to €76,746
- Taxes +€788
up €788 (+6.4%), from €12,403 to €13,191
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.
Derived cash bridge
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 | €157,722 | €158,147 | +€425 | +0.3% |
| Fixed assets | 21/28 | €19,215 | €11,679 | -€7,536 | -39.2% |
| Intangible fixed assets | 21 | €18,000 | €10,000 | -€8,000 | -44.4% |
| Tangible fixed assets | 22/27 | €1,215 | €1,679 | +€464 | +38.2% |
| Plant, machinery and equipment | 23 | - | €974 | +€974 | |
| Furniture and vehicles | 24 | €1,215 | €705 | -€510 | -42.0% |
| Current assets | 29/58 | €138,507 | €146,468 | +€7,961 | +5.7% |
| Amounts receivable within one year | 40/41 | €13,061 | €7,758 | -€5,303 | -40.6% |
| Trade receivables | 40 | €12,534 | €7,645 | -€4,889 | -39.0% |
| Other amounts receivable | 41 | €528 | €113 | -€414 | -78.5% |
| Cash at bank and in hand | 54/58 | €115,856 | €125,986 | +€10,129 | +8.7% |
| Deferred charges and accrued income | 490/1 | €9,589 | €12,724 | +€3,135 | +32.7% |
| Total equity and liabilities | 10/49 | €157,722 | €158,147 | +€425 | +0.3% |
| Equity | 10/15 | €92,489 | €92,024 | -€465 | -0.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €52,489 | €52,024 | -€465 | -0.9% |
| Distributable reserves | 133 | €52,489 | €52,024 | -€465 | -0.9% |
| Amounts payable | 17/49 | €65,233 | €66,123 | +€890 | +1.4% |
| Amounts payable within one year | 42/48 | €60,948 | €66,123 | +€5,175 | +8.5% |
| Trade debts | 44 | €1,221 | €2,647 | +€1,426 | +117% |
| Suppliers | 440/4 | €1,221 | €2,647 | +€1,426 | +117% |
| Taxes, remuneration and social security | 45 | €4,761 | €2,925 | -€1,835 | -38.6% |
| Taxes | 450/3 | €4,761 | €2,925 | -€1,835 | -38.6% |
| Other amounts payable | 47/48 | €54,967 | €60,551 | +€5,584 | +10.2% |
| Accrued charges and deferred income | 492/3 | €4,285 | - | -€4,285 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,510 | €8,620 | +€110 | +1.3% |
| Other operating charges | 640/8 | €1,528 | €1,332 | -€197 | -12.9% |
| Gross operating margin | 9900 | €71,691 | €76,746 | +€5,055 | +7.1% |
| Operating profit (loss) | 9901 | €61,653 | €66,795 | +€5,142 | +8.3% |
| Financial charges | 65/66B | €4,358 | €4,069 | -€289 | -6.6% |
| Recurring financial charges | 65 | €4,358 | €4,069 | -€289 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €57,295 | €62,726 | +€5,431 | +9.5% |
| Income taxes | 67/77 | €12,403 | €13,191 | +€788 | +6.4% |
| Profit (loss) for the period | 9904 | €44,892 | €49,535 | +€4,643 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,892 | €49,535 | +€4,643 | +10.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.