MK & ASSOCIATES: what changed
MK & ASSOCIATES
Largest movements
- Cash +€140,736
up €140,736 (+54.5%), from €258,043 to €398,779
mainly Net result for the year (+€124,513) and Receivables within one year (+€55,963)
- Receivables within one year -€55,963
down €55,963 (-99.9%), from €55,996 to €33
of which Other amounts receivable: -€51,629
- Deferred charges and accrued income +€7,753
up €7,753 (+7,822%), from €99 to €7,852
- Other debts +€47,059
new in 2024: €47,059
- Tax, wage and social debts +€29,698
up €29,698 (+45.6%), from €65,126 to €94,823
- Trade debts +€10,380
up €10,380 (+476%), from €2,180 to €12,560
- Profit (loss) carried forward +€5,100
up €5,100 (+2.1%), from €243,421 to €248,521
- Gross operating margin +€17,408
up €17,408 (+11.6%), from €149,561 to €166,970
- Taxes +€10,820
up €10,820 (+33.6%), from €32,215 to €43,035
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €314,727 | €406,964 | +€92,237 | +29.3% |
| Fixed assets | 21/28 | €589 | €300 | -€289 | -49.1% |
| Tangible fixed assets | 22/27 | €289 | €0 | -€289 | -100% |
| Plant, machinery and equipment | 23 | €289 | €0 | -€289 | -100% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €314,137 | €406,664 | +€92,526 | +29.5% |
| Amounts receivable within one year | 40/41 | €55,996 | €33 | -€55,963 | -99.9% |
| Trade receivables | 40 | €4,333 | €0 | -€4,333 | -100% |
| Other amounts receivable | 41 | €51,662 | €33 | -€51,629 | -99.9% |
| Cash at bank and in hand | 54/58 | €258,043 | €398,779 | +€140,736 | +54.5% |
| Deferred charges and accrued income | 490/1 | €99 | €7,852 | +€7,753 | +7,822% |
| Total equity and liabilities | 10/49 | €314,727 | €406,964 | +€92,237 | +29.3% |
| Equity | 10/15 | €247,421 | €252,521 | +€5,100 | +2.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €243,421 | €248,521 | +€5,100 | +2.1% |
| Amounts payable | 17/49 | €67,306 | €154,442 | +€87,137 | +129% |
| Amounts payable within one year | 42/48 | €67,306 | €154,442 | +€87,137 | +129% |
| Trade debts | 44 | €2,180 | €12,560 | +€10,380 | +476% |
| Suppliers | 440/4 | €2,180 | €12,560 | +€10,380 | +476% |
| Taxes, remuneration and social security | 45 | €65,126 | €94,823 | +€29,698 | +45.6% |
| Taxes | 450/3 | €65,126 | €94,823 | +€29,698 | +45.6% |
| Other amounts payable | 47/48 | - | €47,059 | +€47,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307 | €289 | -€18 | -5.7% |
| Other operating charges | 640/8 | €2,789 | €1,778 | -€1,011 | -36.3% |
| Gross operating margin | 9900 | €149,561 | €166,970 | +€17,408 | +11.6% |
| Operating profit (loss) | 9901 | €146,465 | €164,902 | +€18,437 | +12.6% |
| Financial income | 75/76B | €2,580 | €3,377 | +€797 | +30.9% |
| Recurring financial income | 75 | €2,580 | €3,377 | +€797 | +30.9% |
| Financial charges | 65/66B | €576 | €731 | +€155 | +27.0% |
| Recurring financial charges | 65 | €576 | €731 | +€155 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €148,469 | €167,548 | +€19,079 | +12.9% |
| Income taxes | 67/77 | €32,215 | €43,035 | +€10,820 | +33.6% |
| Profit (loss) for the period | 9904 | €116,254 | €124,513 | +€8,259 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €116,254 | €124,513 | +€8,259 | +7.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.