MK LIMOUSINE: 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 LIMOUSINE
Largest movements
- Receivables within one year +€23,006
up €23,006 (+243%), from €9,452 to €32,458
of which Trade receivables: +€16,668
- Cash -€16,335
no longer reported in 2024 (was €16,335)
mainly Receivables within one year (-€23,006) and Net result for the year (-€1,156)
- Tangible fixed assets -€2,500
down €2,500 (-33.3%), from €7,500 to €5,000
- Short-term financial debts +€4,960
new in 2024: €4,960
- Profit (loss) carried forward -€1,507
new in 2024: -€1,507
- Tax, wage and social debts +€735
up €735 (+8.8%), from €8,333 to €9,068
- Gross operating margin -€33,551
down €33,551 (-96.2%), from €34,878 to €1,327
- Taxes -€7,529
no longer reported in 2024 (was €7,529)
- Depreciation -€1,128
down €1,128 (-31.1%), from €3,628 to €2,500
- Other operating charges -€801
down €801 (-70.6%), from €1,134 to €334
- Financial charges -€351
new in 2024: -€351
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.
Derived cash bridge
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 | €33,287 | €37,458 | +€4,171 | +12.5% |
| Fixed assets | 21/28 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Tangible fixed assets | 22/27 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Furniture and vehicles | 24 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Current assets | 29/58 | €25,787 | €32,458 | +€6,671 | +25.9% |
| Amounts receivable within one year | 40/41 | €9,452 | €32,458 | +€23,006 | +243% |
| Trade receivables | 40 | €9,452 | €26,120 | +€16,668 | +176% |
| Other amounts receivable | 41 | - | €6,338 | +€6,338 | |
| Cash at bank and in hand | 54/58 | €16,335 | - | -€16,335 | |
| Total equity and liabilities | 10/49 | €33,287 | €37,458 | +€4,171 | +12.5% |
| Equity | 10/15 | €24,586 | €23,430 | -€1,156 | -4.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €22,586 | €22,937 | +€351 | +1.6% |
| Distributable reserves | 133 | €22,586 | €22,937 | +€351 | +1.6% |
| Profit (loss) carried forward | 14 | - | -€1,507 | -€1,507 | |
| Amounts payable | 17/49 | €8,701 | €14,028 | +€5,327 | +61.2% |
| Amounts payable within one year | 42/48 | €8,701 | €14,028 | +€5,327 | +61.2% |
| Financial debts | 43 | - | €4,960 | +€4,960 | |
| Credit institutions | 430/8 | - | €4,960 | +€4,960 | |
| Trade debts | 44 | €253 | - | -€253 | |
| Suppliers | 440/4 | €253 | - | -€253 | |
| Taxes, remuneration and social security | 45 | €8,333 | €9,068 | +€735 | +8.8% |
| Taxes | 450/3 | €8,333 | €9,068 | +€735 | +8.8% |
| Other amounts payable | 47/48 | €115 | - | -€115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,628 | €2,500 | -€1,128 | -31.1% |
| Other operating charges | 640/8 | €1,134 | €334 | -€801 | -70.6% |
| Gross operating margin | 9900 | €34,878 | €1,327 | -€33,551 | -96.2% |
| Operating profit (loss) | 9901 | €30,115 | -€1,507 | -€31,622 | |
| Financial charges | 65/66B | - | -€351 | -€351 | |
| Recurring financial charges | 65 | - | -€351 | -€351 | |
| Profit (loss) for the period before taxes | 9903 | €30,115 | -€1,156 | -€31,271 | |
| Income taxes | 67/77 | €7,529 | - | -€7,529 | |
| Profit (loss) for the period | 9904 | €22,586 | -€1,156 | -€23,742 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,586 | -€1,156 | -€23,742 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.