MK BUSINESS: 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 BUSINESS
Largest movements
- Tangible fixed assets -€6,937
no longer reported in 2023 (was €6,937)
- Deferred charges and accrued income +€553
new in 2023: €553
- Cash -€261
down €261 (-4.8%), from €5,405 to €5,144
mainly Net result for the year (-€9,103) and Deferred charges and accrued income (-€553)
- Profit (loss) carried forward -€9,103
down €9,103 (-54.1%), from -€16,828 to -€25,931
- Other debts +€2,150
up €2,150 (+6.4%), from €33,355 to €35,505
- Tax, wage and social debts +€308
up €308 (+45.5%), from €677 to €985
- Purchases and services -€20,993
no longer reported in 2023 (was €20,993)
- Gross operating margin +€12,212
up €12,212, from -€12,160 to €52
- Turnover -€8,833
no longer reported in 2023 (was €8,833)
- Staff costs +€3,707
up €3,707 (+121%), from €3,066 to €6,772
- Other operating charges +€1,282
up €1,282 (+119%), from €1,079 to €2,361
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,315 | €10,670 | -€6,645 | -38.4% |
| Fixed assets | 21/28 | €10,237 | €3,300 | -€6,937 | -67.8% |
| Tangible fixed assets | 22/27 | €6,937 | - | -€6,937 | |
| Furniture and vehicles | 24 | €6,937 | - | -€6,937 | |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €7,078 | €7,370 | +€292 | +4.1% |
| Amounts receivable within one year | 40/41 | €1,673 | €1,673 | = | 0.0% |
| Trade receivables | 40 | €1,673 | €1,673 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,405 | €5,144 | -€261 | -4.8% |
| Deferred charges and accrued income | 490/1 | - | €553 | +€553 | |
| Total equity and liabilities | 10/49 | €17,315 | €10,670 | -€6,645 | -38.4% |
| Equity | 10/15 | -€16,828 | -€25,931 | -€9,103 | -54.1% |
| Contributions | 10/11 | - | €0 | = | |
| Profit (loss) carried forward | 14 | -€16,828 | -€25,931 | -€9,103 | -54.1% |
| Amounts payable | 17/49 | €34,143 | €36,600 | +€2,458 | +7.2% |
| Amounts payable within one year | 42/48 | €34,143 | €36,600 | +€2,458 | +7.2% |
| Trade debts | 44 | €111 | €111 | = | 0.0% |
| Suppliers | 440/4 | €111 | €111 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €677 | €985 | +€308 | +45.5% |
| Remuneration and social security | 454/9 | €677 | €985 | +€308 | +45.5% |
| Other amounts payable | 47/48 | €33,355 | €35,505 | +€2,150 | +6.4% |
| Turnover | 70 | €8,833 | - | -€8,833 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,993 | - | -€20,993 | |
| Remuneration, social security and pensions | 62 | €3,066 | €6,772 | +€3,707 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501 | - | -€501 | |
| Other operating charges | 640/8 | €1,079 | €2,361 | +€1,282 | +119% |
| Gross operating margin | 9900 | -€12,160 | €52 | +€12,212 | |
| Operating profit (loss) | 9901 | -€16,806 | -€9,081 | +€7,725 | +46.0% |
| Financial charges | 65/66B | €22 | €22 | +€0 | +0.7% |
| Recurring financial charges | 65 | €22 | €22 | +€0 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,828 | -€9,103 | +€7,725 | +45.9% |
| Profit (loss) for the period | 9904 | -€16,828 | -€9,103 | +€7,725 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,828 | -€9,103 | +€7,725 | +45.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.