MK CONSTRUCT: what changed
Two fiscal 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 CONSTRUCT
Largest movements
- Tangible fixed assets +€49,533
up €49,533 (+50.8%), from €97,537 to €147,070
of which Furniture and vehicles: +€47,343
- Receivables within one year +€47,793
up €47,793 (+81.8%), from €58,407 to €106,200
of which Trade receivables: +€45,121
- Cash +€10,109
up €10,109 (+22.7%), from €44,577 to €54,686
mainly Depreciation (+€44,827) and Net result for the year (+€43,571)
- Deferred charges and accrued income +€3,475
up €3,475 (+290.0%), from €1,199 to €4,674
- Profit (loss) carried forward +€43,571
up €43,571 (+35.7%), from €122,158 to €165,730
- Debts after one year +€30,226
new in 2024: €30,226
- Trade debts +€23,933
up €23,933 (+78.0%), from €30,698 to €54,631
- Tax, wage and social debts +€13,091
up €13,091 (+40.6%), from €32,218 to €45,308
of which Taxes: +€13,716
- Current portion of long-term debt +€7,467
new in 2024: €7,467
- Purchases and services -€365,428
no longer reported in 2024 (was €365,428)
- Gross operating margin -€35,046
down €35,046 (-20.9%), from €167,797 to €132,751
- Depreciation +€26,607
up €26,607 (+146.0%), from €18,220 to €44,827
- Taxes -€17,876
down €17,876 (-56.6%), from €31,592 to €13,716
- Other operating charges +€5,695
up €5,695 (+500.9%), from €1,137 to €6,831
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,895 | €312,805 | +€110,910 | +54.9% |
| Fixed assets | 21/28 | €97,712 | €147,245 | +€49,533 | +50.7% |
| Tangible fixed assets | 22/27 | €97,537 | €147,070 | +€49,533 | +50.8% |
| Plant, machinery and equipment | 23 | - | €2,612 | +€2,612 | |
| Furniture and vehicles | 24 | €93,652 | €140,994 | +€47,343 | +50.6% |
| Other tangible fixed assets | 26 | €3,885 | €3,464 | -€421 | -10.8% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €104,183 | €165,560 | +€61,377 | +58.9% |
| Amounts receivable within one year | 40/41 | €58,407 | €106,200 | +€47,793 | +81.8% |
| Trade receivables | 40 | €34,023 | €79,144 | +€45,121 | +132.6% |
| Other amounts receivable | 41 | €24,384 | €27,056 | +€2,672 | +11.0% |
| Cash at bank and in hand | 54/58 | €44,577 | €54,686 | +€10,109 | +22.7% |
| Deferred charges and accrued income | 490/1 | €1,199 | €4,674 | +€3,475 | +290.0% |
| Total equity and liabilities | 10/49 | €201,895 | €312,805 | +€110,910 | +54.9% |
| Equity | 10/15 | €128,658 | €172,230 | +€43,571 | +33.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,158 | €165,730 | +€43,571 | +35.7% |
| Amounts payable | 17/49 | €73,236 | €140,575 | +€67,338 | +91.9% |
| Amounts payable after more than one year | 17 | - | €30,226 | +€30,226 | |
| Financial debts | 170/4 | - | €30,226 | +€30,226 | |
| Amounts payable within one year | 42/48 | €73,236 | €110,349 | +€37,113 | +50.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,467 | +€7,467 | |
| Trade debts | 44 | €30,698 | €54,631 | +€23,933 | +78.0% |
| Suppliers | 440/4 | €30,698 | €54,631 | +€23,933 | +78.0% |
| Taxes, remuneration and social security | 45 | €32,218 | €45,308 | +€13,091 | +40.6% |
| Taxes | 450/3 | €31,592 | €45,308 | +€13,716 | +43.4% |
| Remuneration and social security | 454/9 | €626 | - | -€626 | |
| Other amounts payable | 47/48 | €10,321 | €2,943 | -€7,378 | -71.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €365,428 | - | -€365,428 | |
| Remuneration, social security and pensions | 62 | €24,823 | €22,828 | -€1,995 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,220 | €44,827 | +€26,607 | +146.0% |
| Other operating charges | 640/8 | €1,137 | €6,831 | +€5,695 | +500.9% |
| Gross operating margin | 9900 | €167,797 | €132,751 | -€35,046 | -20.9% |
| Operating profit (loss) | 9901 | €123,617 | €58,264 | -€65,353 | -52.9% |
| Financial income | 75/76B | €425 | €1 | -€424 | -99.8% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +828.6% |
| Non-recurring financial income | 76B | €425 | - | -€425 | |
| Financial charges | 65/66B | €106 | €977 | +€871 | +826.1% |
| Recurring financial charges | 65 | €106 | €977 | +€871 | +826.1% |
| Profit (loss) for the period before taxes | 9903 | €123,936 | €57,288 | -€66,649 | -53.8% |
| Income taxes | 67/77 | €31,592 | €13,716 | -€17,876 | -56.6% |
| Profit (loss) for the period | 9904 | €92,344 | €43,571 | -€48,773 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,344 | €43,571 | -€48,773 | -52.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.