MK-CONSULT: 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-CONSULT
Largest movements
- Receivables within one year +€56,290
up €56,290 (+279%), from €20,173 to €76,464
of which Trade receivables: +€55,118
- Cash +€18,012
up €18,012 (+42.4%), from €42,509 to €60,520
mainly Net result for the year (+€41,635) and Trade debts (+€19,437)
- Tangible fixed assets -€15,636
down €15,636 (-13.7%), from €114,381 to €98,745
of which Leasing and similar rights: -€12,960
- Reserves +€41,635
up €41,635 (+90.6%), from €45,944 to €87,578
of which Distributable reserves: +€41,635
- Trade debts +€19,437
up €19,437 (+1,101%), from €1,765 to €21,202
- Debts after one year -€18,781
down €18,781 (-29.6%), from €63,461 to €44,680
- Tax, wage and social debts +€14,549
up €14,549 (+71.8%), from €20,271 to €34,819
- Gross operating margin +€43,391
up €43,391 (+109%), from €39,851 to €83,242
- Taxes +€13,434
up €13,434 (+217%), from €6,205 to €19,639
- Depreciation +€1,062
up €1,062 (+6.4%), from €16,712 to €17,774
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 | €178,472 | €235,934 | +€57,462 | +32.2% |
| Fixed assets | 21/28 | €114,450 | €98,814 | -€15,636 | -13.7% |
| Tangible fixed assets | 22/27 | €114,381 | €98,745 | -€15,636 | -13.7% |
| Land and buildings | 22 | €73,525 | €71,613 | -€1,913 | -2.6% |
| Plant, machinery and equipment | 23 | €4,947 | €4,210 | -€738 | -14.9% |
| Furniture and vehicles | 24 | €5,408 | €5,382 | -€26 | -0.5% |
| Leasing and similar rights | 25 | €30,501 | €17,541 | -€12,960 | -42.5% |
| Financial fixed assets | 28 | €68 | €68 | = | 0.0% |
| Current assets | 29/58 | €64,022 | €137,120 | +€73,097 | +114% |
| Amounts receivable within one year | 40/41 | €20,173 | €76,464 | +€56,290 | +279% |
| Trade receivables | 40 | €16,336 | €71,454 | +€55,118 | +337% |
| Other amounts receivable | 41 | €3,837 | €5,010 | +€1,173 | +30.6% |
| Cash at bank and in hand | 54/58 | €42,509 | €60,520 | +€18,012 | +42.4% |
| Deferred charges and accrued income | 490/1 | €1,340 | €136 | -€1,205 | -89.9% |
| Total equity and liabilities | 10/49 | €178,472 | €235,934 | +€57,462 | +32.2% |
| Equity | 10/15 | €74,563 | €116,198 | +€41,635 | +55.8% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €45,944 | €87,578 | +€41,635 | +90.6% |
| Non-distributable reserves | 130/1 | €2,689 | €2,689 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,689 | €2,689 | = | 0.0% |
| Distributable reserves | 133 | €43,255 | €84,890 | +€41,635 | +96.3% |
| Profit (loss) carried forward | 14 | €3,830 | €3,830 | = | 0.0% |
| Amounts payable | 17/49 | €103,909 | €119,736 | +€15,827 | +15.2% |
| Amounts payable after more than one year | 17 | €63,461 | €44,680 | -€18,781 | -29.6% |
| Financial debts | 170/4 | €63,461 | €44,680 | -€18,781 | -29.6% |
| Amounts payable within one year | 42/48 | €40,409 | €74,802 | +€34,393 | +85.1% |
| Current portion of amounts payable after more than one year | 42 | €18,373 | €18,781 | +€407 | +2.2% |
| Trade debts | 44 | €1,765 | €21,202 | +€19,437 | +1,101% |
| Suppliers | 440/4 | €1,765 | €21,202 | +€19,437 | +1,101% |
| Taxes, remuneration and social security | 45 | €20,271 | €34,819 | +€14,549 | +71.8% |
| Taxes | 450/3 | €20,271 | €34,819 | +€14,549 | +71.8% |
| Accrued charges and deferred income | 492/3 | €39 | €254 | +€215 | +549% |
| Remuneration, social security and pensions | 62 | €0 | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,712 | €17,774 | +€1,062 | +6.4% |
| Other operating charges | 640/8 | €2,179 | €2,206 | +€26 | +1.2% |
| Gross operating margin | 9900 | €39,851 | €83,242 | +€43,391 | +109% |
| Operating profit (loss) | 9901 | €20,960 | €63,013 | +€42,053 | +201% |
| Financial income | 75/76B | €195 | €240 | +€45 | +23.2% |
| Recurring financial income | 75 | €195 | €240 | +€45 | +23.2% |
| Financial charges | 65/66B | €2,308 | €1,979 | -€330 | -14.3% |
| Recurring financial charges | 65 | €2,308 | €1,979 | -€330 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €18,846 | €61,274 | +€42,428 | +225% |
| Income taxes | 67/77 | €6,205 | €19,639 | +€13,434 | +217% |
| Profit (loss) for the period | 9904 | €12,641 | €41,635 | +€28,994 | +229% |
| Profit (loss) for the period to be appropriated | 9905 | €12,641 | €41,635 | +€28,994 | +229% |
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 13 October 2026 via checked.be.