MK FLOOR: what changed
What changed
MK FLOOR
NACE 43.333, Wallpapering and laying of floor and wall coverings in other materials
filed annual accounts (NBB)
Net result for the year
€165,193
2024 · €143,836+€21,357
Equity
€617,448
2024 · €504,755+€112,693
Cash
€66,956
2024 · €140,772-€73,816
Balance sheet total
€1.3m
2024 · €986,294+€292,678
Largest movements
Assets
- Receivables within one year +€285,097
up €285,097 (+49.1%), from €580,100 to €865,197
of which Trade receivables: +€264,724
- Stocks and contracts +€77,724
up €77,724 (+34.5%), from €225,470 to €303,194
of which Contracts in progress: +€53,378
- Cash -€73,816
down €73,816 (-52.4%), from €140,772 to €66,956
mainly Receivables within one year (-€285,097) and Stocks and contracts (-€77,724)
Equity and liabilities
- Trade debts +€196,236
up €196,236 (+84.8%), from €231,299 to €427,535
- Reserves +€112,500
up €112,500 (+24.2%), from €464,300 to €576,800
- Tax, wage and social debts -€13,011
down €13,011 (-42.0%), from €30,996 to €17,985
of which Taxes: -€14,663
Income statement
- Staff costs -€24,908
down €24,908 (-24.7%), from €100,792 to €75,884
- Gross operating margin +€13,453
up €13,453 (+4.0%), from €338,040 to €351,493
- Taxes +€10,223
up €10,223 (+16.3%), from €62,550 to €72,773
- Depreciation +€3,817
up €3,817 (+32.1%), from €11,886 to €15,703
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€143,836
Gross operating margin
+€13,453
Staff costs
+€24,908
Depreciation
-€3,817
Other operating charges
-€1,843
Financial income
-€16
Financial charges
-€1,105
Taxes
-€10,223
Result 2025
€165,193
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€655
Investment
-€15,127
Financing
-€58,034
Cash 2024
€140,772
From operations (derived)
-€655
Net result for the year
+€165,193
Depreciation
+€15,703
Stocks and contracts
-€77,724
Receivables within one year
-€285,097
Deferred charges and accrued income
-€4,249
Trade debts
+€196,236
Tax, wage and social debts
-€13,011
Other debts
+€2,294
Investment (derived)
-€15,127
Investment in fixed assets (net)
-€15,127
Financing
-€58,034
Debts after one year
-€464
Current portion of long-term debt
-€5,070
Contributions, distributions and other
-€52,500
Cash 2025
€66,956
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €986,294 | €1,278,972 | +€292,678 | +29.7% |
| Fixed assets | 21/28 | €31,101 | €30,525 | -€576 | -1.9% |
| Intangible fixed assets | 21 | €2,968 | €1,622 | -€1,346 | -45.4% |
| Tangible fixed assets | 22/27 | €28,133 | €28,903 | +€770 | +2.7% |
| Plant, machinery and equipment | 23 | €17,549 | €21,591 | +€4,042 | +23.0% |
| Furniture and vehicles | 24 | €10,584 | €7,312 | -€3,272 | -30.9% |
| Current assets | 29/58 | €955,193 | €1,248,447 | +€293,254 | +30.7% |
| Stocks and contracts in progress | 3 | €225,470 | €303,194 | +€77,724 | +34.5% |
| Stocks | 30/36 | €145,310 | €169,656 | +€24,346 | +16.8% |
| Contracts in progress | 37 | €80,160 | €133,538 | +€53,378 | +66.6% |
| Amounts receivable within one year | 40/41 | €580,100 | €865,197 | +€285,097 | +49.1% |
| Trade receivables | 40 | €510,791 | €775,515 | +€264,724 | +51.8% |
| Other amounts receivable | 41 | €69,309 | €89,682 | +€20,373 | +29.4% |
| Cash at bank and in hand | 54/58 | €140,772 | €66,956 | -€73,816 | -52.4% |
| Deferred charges and accrued income | 490/1 | €8,851 | €13,100 | +€4,249 | +48.0% |
| Total equity and liabilities | 10/49 | €986,294 | €1,278,972 | +€292,678 | +29.7% |
| Equity | 10/15 | €504,755 | €617,448 | +€112,693 | +22.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €464,300 | €576,800 | +€112,500 | +24.2% |
| Distributable reserves | 133 | €464,300 | €576,800 | +€112,500 | +24.2% |
| Profit (loss) carried forward | 14 | €32,395 | €32,588 | +€193 | +0.6% |
| Amounts payable | 17/49 | €481,539 | €661,524 | +€179,985 | +37.4% |
| Amounts payable after more than one year | 17 | €165,464 | €165,000 | -€464 | -0.3% |
| Financial debts | 170/4 | €165,464 | €165,000 | -€464 | -0.3% |
| Amounts payable within one year | 42/48 | €316,075 | €496,524 | +€180,449 | +57.1% |
| Current portion of amounts payable after more than one year | 42 | €5,535 | €465 | -€5,070 | -91.6% |
| Financial debts | 43 | €412 | €412 | = | 0.0% |
| Credit institutions | 430/8 | €412 | €412 | = | 0.0% |
| Trade debts | 44 | €231,299 | €427,535 | +€196,236 | +84.8% |
| Suppliers | 440/4 | €231,299 | €427,535 | +€196,236 | +84.8% |
| Taxes, remuneration and social security | 45 | €30,996 | €17,985 | -€13,011 | -42.0% |
| Taxes | 450/3 | €30,051 | €15,388 | -€14,663 | -48.8% |
| Remuneration and social security | 454/9 | €945 | €2,597 | +€1,652 | +175% |
| Other amounts payable | 47/48 | €47,833 | €50,127 | +€2,294 | +4.8% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €100,792 | €75,884 | -€24,908 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,886 | €15,703 | +€3,817 | +32.1% |
| Other operating charges | 640/8 | €2,608 | €4,451 | +€1,843 | +70.7% |
| Gross operating margin | 9900 | €338,040 | €351,493 | +€13,453 | +4.0% |
| Operating profit (loss) | 9901 | €222,754 | €255,455 | +€32,701 | +14.7% |
| Financial income | 75/76B | €37 | €21 | -€16 | -43.2% |
| Recurring financial income | 75 | €37 | €21 | -€16 | -43.2% |
| Financial charges | 65/66B | €16,405 | €17,510 | +€1,105 | +6.7% |
| Recurring financial charges | 65 | €16,405 | €17,510 | +€1,105 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €206,386 | €237,966 | +€31,580 | +15.3% |
| Income taxes | 67/77 | €62,550 | €72,773 | +€10,223 | +16.3% |
| Profit (loss) for the period | 9904 | €143,836 | €165,193 | +€21,357 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €143,836 | €165,193 | +€21,357 | +14.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.