MK & Co: 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 & Co
Largest movements
- Receivables within one year +€46,496
up €46,496 (+22.4%), from €207,651 to €254,148
of which Other amounts receivable: +€51,096
- Tangible fixed assets +€13,700
up €13,700 (+612%), from €2,237 to €15,937
of which Furniture and vehicles: +€11,154
- Reserves +€26,956
up €26,956 (+16.1%), from €167,705 to €194,661
- Trade debts +€21,464
up €21,464 (+62.8%), from €34,154 to €55,619
- Short-term financial debts +€8,554
new in 2025: €8,554
- Accrued charges and deferred income +€5,328
new in 2025: €5,328
- Tax, wage and social debts -€3,419
no longer reported in 2025 (was €3,419)
- Gross operating margin +€26,291
up €26,291 (+259%), from €10,151 to €36,442
- Depreciation +€13,355
up €13,355 (+718%), from €1,861 to €15,216
- Taxes -€3,419
no longer reported in 2025 (was €3,419)
- Other operating charges +€2,854
up €2,854 (+161%), from €1,770 to €4,624
- Financial charges -€2,788
down €2,788 (-47.6%), from €5,863 to €3,075
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 | €211,478 | €270,361 | +€58,883 | +27.8% |
| Fixed assets | 21/28 | €2,514 | €16,214 | +€13,700 | +545% |
| Tangible fixed assets | 22/27 | €2,237 | €15,937 | +€13,700 | +612% |
| Plant, machinery and equipment | 23 | €0 | €2,825 | +€2,825 | |
| Furniture and vehicles | 24 | €1,400 | €12,554 | +€11,154 | +797% |
| Other tangible fixed assets | 26 | €837 | €558 | -€279 | -33.3% |
| Financial fixed assets | 28 | €277 | €277 | = | 0.0% |
| Current assets | 29/58 | €208,965 | €254,148 | +€45,183 | +21.6% |
| Amounts receivable within one year | 40/41 | €207,651 | €254,148 | +€46,496 | +22.4% |
| Trade receivables | 40 | €4,600 | - | -€4,600 | |
| Other amounts receivable | 41 | €203,051 | €254,148 | +€51,096 | +25.2% |
| Cash at bank and in hand | 54/58 | €1,313 | - | -€1,313 | |
| Total equity and liabilities | 10/49 | €211,478 | €270,361 | +€58,883 | +27.8% |
| Equity | 10/15 | €173,905 | €200,861 | +€26,956 | +15.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €167,705 | €194,661 | +€26,956 | +16.1% |
| Distributable reserves | 133 | €167,705 | €194,661 | +€26,956 | +16.1% |
| Amounts payable | 17/49 | €37,573 | €69,500 | +€31,927 | +85.0% |
| Amounts payable within one year | 42/48 | €37,573 | €64,172 | +€26,599 | +70.8% |
| Financial debts | 43 | - | €8,554 | +€8,554 | |
| Credit institutions | 430/8 | - | €8,554 | +€8,554 | |
| Trade debts | 44 | €34,154 | €55,619 | +€21,464 | +62.8% |
| Suppliers | 440/4 | €34,154 | €55,619 | +€21,464 | +62.8% |
| Taxes, remuneration and social security | 45 | €3,419 | - | -€3,419 | |
| Taxes | 450/3 | €3,419 | - | -€3,419 | |
| Accrued charges and deferred income | 492/3 | - | €5,328 | +€5,328 | |
| Non-recurring operating income | 76A | €11,000 | €7,136 | -€3,864 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,861 | €15,216 | +€13,355 | +718% |
| Other operating charges | 640/8 | €1,770 | €4,624 | +€2,854 | +161% |
| Gross operating margin | 9900 | €10,151 | €36,442 | +€26,291 | +259% |
| Operating profit (loss) | 9901 | €6,520 | €16,602 | +€10,082 | +155% |
| Financial income | 75/76B | €11,129 | €13,428 | +€2,299 | +20.7% |
| Recurring financial income | 75 | €11,129 | €13,428 | +€2,299 | +20.7% |
| Financial charges | 65/66B | €5,863 | €3,075 | -€2,788 | -47.6% |
| Recurring financial charges | 65 | €5,863 | €3,075 | -€2,788 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €11,786 | €26,956 | +€15,170 | +129% |
| Income taxes | 67/77 | €3,419 | - | -€3,419 | |
| Profit (loss) for the period | 9904 | €8,367 | €26,956 | +€18,589 | +222% |
| Profit (loss) for the period to be appropriated | 9905 | €8,367 | €26,956 | +€18,589 | +222% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.