MK LUXE: 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 LUXE
Largest movements
- Tangible fixed assets -€80,085
down €80,085 (-69.3%), from €115,587 to €35,502
- Cash +€18,711
up €18,711 (+812.8%), from €2,302 to €21,013
mainly Investment in fixed assets (net) (+€54,973) and Depreciation (+€24,111)
- Other debts -€48,397
down €48,397 (-91.1%), from €53,133 to €4,736
- Current portion of long-term debt -€15,448
down €15,448 (-90.8%), from €17,013 to €1,565
- Trade debts +€6,676
up €6,676 (+1131.0%), from €590 to €7,266
- Profit (loss) carried forward -€4,091
down €4,091 (-11.1%), from €36,985 to €32,894
- Purchases and services -€167,768
no longer reported in 2025 (was €167,768)
- Gross operating margin +€40,938
up €40,938 (+99.6%), from €41,106 to €82,044
- Taxes +€996
up €996 (+43.6%), from €2,287 to €3,283
- Financial charges +€957
up €957 (+638240.0%), from €0 to €958
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 | €129,180 | €68,449 | -€60,731 | -47.0% |
| Fixed assets | 21/28 | €115,587 | €36,502 | -€79,085 | -68.4% |
| Tangible fixed assets | 22/27 | €115,587 | €35,502 | -€80,085 | -69.3% |
| Furniture and vehicles | 24 | €115,587 | €35,502 | -€80,085 | -69.3% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €13,593 | €31,946 | +€18,353 | +135.0% |
| Amounts receivable within one year | 40/41 | €11,291 | €10,933 | -€357 | -3.2% |
| Trade receivables | 40 | €10,154 | €10,933 | +€780 | +7.7% |
| Other amounts receivable | 41 | €1,137 | - | -€1,137 | |
| Cash at bank and in hand | 54/58 | €2,302 | €21,013 | +€18,711 | +812.8% |
| Total equity and liabilities | 10/49 | €129,180 | €68,449 | -€60,731 | -47.0% |
| Equity | 10/15 | €56,439 | €52,348 | -€4,091 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €854 | €854 | = | 0.0% |
| Non-distributable reserves | 130/1 | €854 | €854 | = | 0.0% |
| Other | 1319 | €854 | €854 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,985 | €32,894 | -€4,091 | -11.1% |
| Amounts payable | 17/49 | €72,741 | €16,101 | -€56,640 | -77.9% |
| Amounts payable within one year | 42/48 | €72,741 | €16,101 | -€56,640 | -77.9% |
| Current portion of amounts payable after more than one year | 42 | €17,013 | €1,565 | -€15,448 | -90.8% |
| Trade debts | 44 | €590 | €7,266 | +€6,676 | +1131.0% |
| Suppliers | 440/4 | €590 | €7,266 | +€6,676 | +1131.0% |
| Taxes, remuneration and social security | 45 | €2,004 | €2,533 | +€529 | +26.4% |
| Taxes | 450/3 | €4 | €533 | +€529 | +12218.9% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €53,133 | €4,736 | -€48,397 | -91.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €167,768 | - | -€167,768 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,889 | €24,111 | -€778 | -3.1% |
| Other operating charges | 640/8 | €2,853 | €3,487 | +€634 | +22.2% |
| Non-recurring operating charges | 66A | - | €57,140 | +€57,140 | |
| Gross operating margin | 9900 | €41,106 | €82,044 | +€40,938 | +99.6% |
| Operating profit (loss) | 9901 | €13,364 | -€2,694 | -€16,058 | |
| Financial income | 75/76B | €2,844 | €2,844 | = | 0.0% |
| Recurring financial income | 75 | €2,844 | €2,844 | = | 0.0% |
| Financial charges | 65/66B | €0 | €958 | +€957 | +638240.0% |
| Recurring financial charges | 65 | €0 | €958 | +€957 | +638240.0% |
| Profit (loss) for the period before taxes | 9903 | €16,207 | -€808 | -€17,015 | |
| Income taxes | 67/77 | €2,287 | €3,283 | +€996 | +43.6% |
| Profit (loss) for the period | 9904 | €13,921 | -€4,091 | -€18,012 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,921 | -€4,091 | -€18,012 |
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 5 October 2026 via checked.be.