MK AUTO: 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 AUTO
Largest movements
- Tangible fixed assets -€99,353
down €99,353 (-12.0%), from €826,728 to €727,376
of which Furniture and vehicles: -€96,713
- Stocks and contracts +€35,150
up €35,150 (+639%), from €5,500 to €40,650
- Cash -€27,261
down €27,261 (-34.8%), from €78,409 to €51,148
mainly Debts after one year (-€90,022) and Investment in fixed assets (net) (-€40,481)
- Receivables within one year -€18,230
down €18,230 (-18.0%), from €101,395 to €83,165
of which Trade receivables: -€20,591
- Debts after one year -€90,022
down €90,022 (-21.1%), from €425,686 to €335,663
- Tax, wage and social debts -€15,891
down €15,891 (-53.6%), from €29,629 to €13,737
of which Taxes: -€12,590
- Reserves +€13,798
up €13,798 (+8.5%), from €161,423 to €175,221
of which Distributable reserves: +€13,798
- Gross operating margin -€73,410
down €73,410 (-21.6%), from €340,083 to €266,673
- Staff costs -€16,838
down €16,838 (-17.9%), from €94,314 to €77,476
- Depreciation -€16,032
down €16,032 (-10.3%), from €155,866 to €139,834
- Other operating charges -€13,418
down €13,418 (-49.4%), from €27,149 to €13,731
- Taxes -€6,900
down €6,900 (-47.0%), from €14,694 to €7,794
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 | €1,028,393 | €914,932 | -€113,461 | -11.0% |
| Fixed assets | 21/28 | €828,388 | €729,036 | -€99,353 | -12.0% |
| Tangible fixed assets | 22/27 | €826,728 | €727,376 | -€99,353 | -12.0% |
| Land and buildings | 22 | €441,764 | €450,383 | +€8,619 | +2.0% |
| Plant, machinery and equipment | 23 | €34,386 | €23,127 | -€11,259 | -32.7% |
| Furniture and vehicles | 24 | €350,578 | €253,865 | -€96,713 | -27.6% |
| Financial fixed assets | 28 | €1,660 | €1,660 | = | 0.0% |
| Current assets | 29/58 | €200,005 | €185,896 | -€14,109 | -7.1% |
| Stocks and contracts in progress | 3 | €5,500 | €40,650 | +€35,150 | +639% |
| Stocks | 30/36 | €5,500 | €40,650 | +€35,150 | +639% |
| Amounts receivable within one year | 40/41 | €101,395 | €83,165 | -€18,230 | -18.0% |
| Trade receivables | 40 | €100,136 | €79,545 | -€20,591 | -20.6% |
| Other amounts receivable | 41 | €1,259 | €3,620 | +€2,361 | +188% |
| Cash at bank and in hand | 54/58 | €78,409 | €51,148 | -€27,261 | -34.8% |
| Deferred charges and accrued income | 490/1 | €14,701 | €10,933 | -€3,768 | -25.6% |
| Total equity and liabilities | 10/49 | €1,028,393 | €914,932 | -€113,461 | -11.0% |
| Equity | 10/15 | €396,779 | €409,969 | +€13,190 | +3.3% |
| Contributions | 10/11 | €12,800 | €12,800 | = | 0.0% |
| Reserves | 13 | €161,423 | €175,221 | +€13,798 | +8.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €159,563 | €173,361 | +€13,798 | +8.6% |
| Profit (loss) carried forward | 14 | €221,948 | €221,948 | = | 0.0% |
| Investment grants | 15 | €608 | - | -€608 | |
| Amounts payable | 17/49 | €631,614 | €504,963 | -€126,651 | -20.1% |
| Amounts payable after more than one year | 17 | €425,686 | €335,663 | -€90,022 | -21.1% |
| Financial debts | 170/4 | €425,686 | €335,663 | -€90,022 | -21.1% |
| Amounts payable within one year | 42/48 | €205,929 | €169,299 | -€36,629 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €95,494 | €90,022 | -€5,472 | -5.7% |
| Financial debts | 43 | €3,333 | €3,394 | +€60 | +1.8% |
| Credit institutions | 430/8 | €3,333 | €3,394 | +€60 | +1.8% |
| Trade debts | 44 | €20,225 | €10,440 | -€9,784 | -48.4% |
| Suppliers | 440/4 | €20,225 | €10,440 | -€9,784 | -48.4% |
| Taxes, remuneration and social security | 45 | €29,629 | €13,737 | -€15,891 | -53.6% |
| Taxes | 450/3 | €18,223 | €5,633 | -€12,590 | -69.1% |
| Remuneration and social security | 454/9 | €11,406 | €8,105 | -€3,301 | -28.9% |
| Other amounts payable | 47/48 | €57,248 | €51,706 | -€5,542 | -9.7% |
| Non-recurring operating income | 76A | €15,000 | €7,997 | -€7,003 | -46.7% |
| Remuneration, social security and pensions | 62 | €94,314 | €77,476 | -€16,838 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,866 | €139,834 | -€16,032 | -10.3% |
| Other operating charges | 640/8 | €27,149 | €13,731 | -€13,418 | -49.4% |
| Gross operating margin | 9900 | €340,083 | €266,673 | -€73,410 | -21.6% |
| Operating profit (loss) | 9901 | €62,755 | €35,632 | -€27,123 | -43.2% |
| Financial income | 75/76B | €1,017 | €841 | -€176 | -17.3% |
| Recurring financial income | 75 | €1,017 | €841 | -€176 | -17.3% |
| Financial charges | 65/66B | €18,640 | €14,880 | -€3,760 | -20.2% |
| Recurring financial charges | 65 | €18,640 | €14,880 | -€3,760 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €45,131 | €21,592 | -€23,539 | -52.2% |
| Income taxes | 67/77 | €14,694 | €7,794 | -€6,900 | -47.0% |
| Profit (loss) for the period | 9904 | €30,437 | €13,798 | -€16,639 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,437 | €13,798 | -€16,639 | -54.7% |
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 18 October 2026 via checked.be.