Mk-electro: 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-electro
Largest movements
- Receivables within one year +€2,941
up €2,941 (+13.1%), from €22,390 to €25,332
of which Other amounts receivable: +€1,501
- Cash -€2,858
down €2,858 (-10.7%), from €26,669 to €23,811
mainly Investment in fixed assets (net) (-€13,900) and Debts after one year (-€8,919)
- Debts after one year -€8,919
down €8,919 (-30.0%), from €29,706 to €20,788
- Short-term financial debts +€7,694
up €7,694 (+72.4%), from €10,627 to €18,321
- Reserves +€5,998
up €5,998 (+15.7%), from €38,253 to €44,252
- Tax, wage and social debts -€4,142
down €4,142 (-58.9%), from €7,030 to €2,888
- Other debts -€1,019
no longer reported in 2025 (was €1,019)
- Gross operating margin -€17,865
down €17,865 (-38.6%), from €46,295 to €28,429
- Depreciation +€8,898
up €8,898 (+151.0%), from €5,892 to €14,790
- Taxes -€4,144
down €4,144 (-59.0%), from €7,030 to €2,886
- Other operating charges -€2,708
down €2,708 (-58.8%), from €4,606 to €1,898
- Financial charges +€1,253
up €1,253 (+76.8%), from €1,631 to €2,884
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 | €89,635 | €89,249 | -€386 | -0.4% |
| Fixed assets | 21/28 | €39,508 | €38,618 | -€890 | -2.3% |
| Tangible fixed assets | 22/27 | €39,508 | €38,618 | -€890 | -2.3% |
| Furniture and vehicles | 24 | €39,508 | €38,618 | -€890 | -2.3% |
| Current assets | 29/58 | €50,127 | €50,631 | +€504 | +1.0% |
| Amounts receivable within one year | 40/41 | €22,390 | €25,332 | +€2,941 | +13.1% |
| Trade receivables | 40 | €22,000 | €23,440 | +€1,440 | +6.5% |
| Other amounts receivable | 41 | €390 | €1,892 | +€1,501 | +384.6% |
| Cash at bank and in hand | 54/58 | €26,669 | €23,811 | -€2,858 | -10.7% |
| Deferred charges and accrued income | 490/1 | €1,068 | €1,488 | +€420 | +39.3% |
| Total equity and liabilities | 10/49 | €89,635 | €89,249 | -€386 | -0.4% |
| Equity | 10/15 | €41,253 | €47,252 | +€5,998 | +14.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €38,253 | €44,252 | +€5,998 | +15.7% |
| Distributable reserves | 133 | €38,253 | €44,252 | +€5,998 | +15.7% |
| Amounts payable | 17/49 | €48,382 | €41,997 | -€6,385 | -13.2% |
| Amounts payable after more than one year | 17 | €29,706 | €20,788 | -€8,919 | -30.0% |
| Financial debts | 170/4 | €29,706 | €20,788 | -€8,919 | -30.0% |
| Amounts payable within one year | 42/48 | €18,676 | €21,210 | +€2,534 | +13.6% |
| Financial debts | 43 | €10,627 | €18,321 | +€7,694 | +72.4% |
| Credit institutions | 430/8 | €10,627 | €18,321 | +€7,694 | +72.4% |
| Taxes, remuneration and social security | 45 | €7,030 | €2,888 | -€4,142 | -58.9% |
| Taxes | 450/3 | €7,030 | €2,888 | -€4,142 | -58.9% |
| Other amounts payable | 47/48 | €1,019 | - | -€1,019 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,892 | €14,790 | +€8,898 | +151.0% |
| Other operating charges | 640/8 | €4,606 | €1,898 | -€2,708 | -58.8% |
| Gross operating margin | 9900 | €46,295 | €28,429 | -€17,865 | -38.6% |
| Operating profit (loss) | 9901 | €35,797 | €11,741 | -€24,055 | -67.2% |
| Financial income | 75/76B | €242 | €27 | -€215 | -89.0% |
| Recurring financial income | 75 | €242 | €27 | -€215 | -89.0% |
| Financial charges | 65/66B | €1,631 | €2,884 | +€1,253 | +76.8% |
| Recurring financial charges | 65 | €1,631 | €2,884 | +€1,253 | +76.8% |
| Profit (loss) for the period before taxes | 9903 | €34,408 | €8,884 | -€25,524 | -74.2% |
| Income taxes | 67/77 | €7,030 | €2,886 | -€4,144 | -59.0% |
| Profit (loss) for the period | 9904 | €27,378 | €5,998 | -€21,380 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,378 | €5,998 | -€21,380 | -78.1% |
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 12 October 2026 via checked.be.