MK DECOR: 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 DECOR
Largest movements
- Receivables within one year -€37,816
down €37,816 (-74.2%), from €50,940 to €13,125
of which Trade receivables: -€29,755
- Cash +€22,690
up €22,690 (+38.0%), from €59,774 to €82,464
mainly Other debts (+€83,039) and Receivables within one year (+€37,816)
- Other debts +€83,039
new in 2025: €83,039
- Reserves -€72,016
no longer reported in 2025 (was €72,016)
- Advances received -€13,597
down €13,597 (-40.5%), from €33,597 to €20,000
- Tax, wage and social debts -€11,952
down €11,952 (-70.6%), from €16,933 to €4,981
- Gross operating margin +€8,334
up €8,334 (+9.6%), from €86,769 to €95,103
- Staff costs +€5,845
up €5,845 (+13.0%), from €44,849 to €50,694
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.
Cash bridge derived
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 | €126,631 | €112,055 | -€14,575 | -11.5% |
| Fixed assets | 21/28 | €13,058 | €12,505 | -€553 | -4.2% |
| Tangible fixed assets | 22/27 | €13,058 | €12,505 | -€553 | -4.2% |
| Land and buildings | 22 | €5,912 | €5,170 | -€742 | -12.6% |
| Plant, machinery and equipment | 23 | €1,146 | €2,879 | +€1,732 | +151.1% |
| Furniture and vehicles | 24 | €6,000 | €4,457 | -€1,543 | -25.7% |
| Current assets | 29/58 | €113,573 | €99,550 | -€14,023 | -12.3% |
| Stocks and contracts in progress | 3 | €995 | €1,854 | +€859 | +86.3% |
| Stocks | 30/36 | €995 | €1,854 | +€859 | +86.3% |
| Amounts receivable within one year | 40/41 | €50,940 | €13,125 | -€37,816 | -74.2% |
| Trade receivables | 40 | €42,827 | €13,072 | -€29,755 | -69.5% |
| Other amounts receivable | 41 | €8,113 | €53 | -€8,060 | -99.3% |
| Cash at bank and in hand | 54/58 | €59,774 | €82,464 | +€22,690 | +38.0% |
| Deferred charges and accrued income | 490/1 | €1,863 | €2,108 | +€244 | +13.1% |
| Total equity and liabilities | 10/49 | €126,631 | €112,055 | -€14,575 | -11.5% |
| Equity | 10/15 | €72,116 | €100 | -€72,016 | -99.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €72,016 | - | -€72,016 | |
| Distributable reserves | 133 | €72,016 | - | -€72,016 | |
| Amounts payable | 17/49 | €54,515 | €111,955 | +€57,440 | +105.4% |
| Amounts payable within one year | 42/48 | €54,515 | €111,955 | +€57,440 | +105.4% |
| Trade debts | 44 | €3,986 | €3,936 | -€50 | -1.3% |
| Suppliers | 440/4 | €3,986 | €3,936 | -€50 | -1.3% |
| Advances received on contracts in progress | 46 | €33,597 | €20,000 | -€13,597 | -40.5% |
| Taxes, remuneration and social security | 45 | €16,933 | €4,981 | -€11,952 | -70.6% |
| Taxes | 450/3 | €16,933 | €4,981 | -€11,952 | -70.6% |
| Other amounts payable | 47/48 | - | €83,039 | +€83,039 | |
| Remuneration, social security and pensions | 62 | €44,849 | €50,694 | +€5,845 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,780 | €2,898 | +€119 | +4.3% |
| Other operating charges | 640/8 | €1,005 | €872 | -€133 | -13.2% |
| Gross operating margin | 9900 | €86,769 | €95,103 | +€8,334 | +9.6% |
| Operating profit (loss) | 9901 | €38,135 | €40,638 | +€2,504 | +6.6% |
| Financial income | 75/76B | €484 | €38 | -€445 | -92.1% |
| Recurring financial income | 75 | €484 | €38 | -€445 | -92.1% |
| Financial charges | 65/66B | €345 | €152 | -€193 | -56.0% |
| Recurring financial charges | 65 | €345 | €215 | -€130 | -37.7% |
| Non-recurring financial charges | 66B | - | -€63 | -€63 | |
| Profit (loss) for the period before taxes | 9903 | €38,273 | €40,525 | +€2,252 | +5.9% |
| Income taxes | 67/77 | €10,955 | €11,169 | +€215 | +2.0% |
| Profit (loss) for the period | 9904 | €27,318 | €29,355 | +€2,037 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,318 | €29,355 | +€2,037 | +7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.