MK MOTORS: 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 MOTORS
Largest movements
- Stocks and contracts -€156,952
down €156,952 (-33.2%), from €473,421 to €316,469
- Receivables within one year -€67,339
down €67,339 (-16.9%), from €399,504 to €332,165
of which Other amounts receivable: -€53,118
- Tangible fixed assets -€39,407
down €39,407 (-6.3%), from €622,761 to €583,354
of which Land and buildings: -€38,343
- Cash +€18,129
up €18,129 (+69.5%), from €26,089 to €44,219
mainly Stocks and contracts (+€156,952) and Receivables within one year (+€67,339)
- Debts after one year -€217,229
down €217,229 (-27.5%), from €789,515 to €572,286
- Tax, wage and social debts +€39,103
new in 2025: €39,103
- Other debts -€27,500
no longer reported in 2025 (was €27,500)
- Profit (loss) carried forward -€21,974
down €21,974 (-10.2%), from €215,732 to €193,758
- Gross operating margin -€42,470
down €42,470 (-44.5%), from €95,355 to €52,885
- Other operating charges -€12,351
down €12,351 (-72.4%), from €17,055 to €4,704
- Taxes -€2,649
no longer reported in 2025 (was €2,649)
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.
Derived cash bridge
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 | €1,684,320 | €1,444,475 | -€239,844 | -14.2% |
| Fixed assets | 21/28 | €622,761 | €583,354 | -€39,407 | -6.3% |
| Tangible fixed assets | 22/27 | €622,761 | €583,354 | -€39,407 | -6.3% |
| Land and buildings | 22 | €597,249 | €558,906 | -€38,343 | -6.4% |
| Plant, machinery and equipment | 23 | €12,142 | €15,227 | +€3,085 | +25.4% |
| Furniture and vehicles | 24 | €13,370 | €9,220 | -€4,149 | -31.0% |
| Current assets | 29/58 | €1,061,559 | €861,122 | -€200,437 | -18.9% |
| Amounts receivable after more than one year | 29 | €161,700 | €165,600 | +€3,900 | +2.4% |
| Other amounts receivable | 291 | €161,700 | €165,600 | +€3,900 | +2.4% |
| Stocks and contracts in progress | 3 | €473,421 | €316,469 | -€156,952 | -33.2% |
| Stocks | 30/36 | €473,421 | €316,469 | -€156,952 | -33.2% |
| Amounts receivable within one year | 40/41 | €399,504 | €332,165 | -€67,339 | -16.9% |
| Trade receivables | 40 | €22,700 | €8,479 | -€14,221 | -62.6% |
| Other amounts receivable | 41 | €376,804 | €323,686 | -€53,118 | -14.1% |
| Cash at bank and in hand | 54/58 | €26,089 | €44,219 | +€18,129 | +69.5% |
| Deferred charges and accrued income | 490/1 | €844 | €2,669 | +€1,825 | +216% |
| Total equity and liabilities | 10/49 | €1,684,320 | €1,444,475 | -€239,844 | -14.2% |
| Equity | 10/15 | €546,814 | €524,840 | -€21,974 | -4.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €256,082 | €256,082 | = | 0.0% |
| Distributable reserves | 133 | €256,082 | €256,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €215,732 | €193,758 | -€21,974 | -10.2% |
| Amounts payable | 17/49 | €1,137,506 | €919,636 | -€217,870 | -19.2% |
| Amounts payable after more than one year | 17 | €789,515 | €572,286 | -€217,229 | -27.5% |
| Financial debts | 170/4 | €789,515 | €572,286 | -€217,229 | -27.5% |
| Amounts payable within one year | 42/48 | €347,991 | €347,350 | -€641 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €221,550 | €228,203 | +€6,652 | +3.0% |
| Financial debts | 43 | €14,384 | €3,374 | -€11,010 | -76.5% |
| Credit institutions | 430/8 | €10,995 | - | -€10,995 | |
| Other loans | 439 | €3,389 | €3,374 | -€15 | -0.4% |
| Trade debts | 44 | €84,556 | €76,669 | -€7,887 | -9.3% |
| Suppliers | 440/4 | €84,556 | €76,669 | -€7,887 | -9.3% |
| Taxes, remuneration and social security | 45 | - | €39,103 | +€39,103 | |
| Taxes | 450/3 | - | €39,103 | +€39,103 | |
| Other amounts payable | 47/48 | €27,500 | - | -€27,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,862 | €46,447 | +€585 | +1.3% |
| Other operating charges | 640/8 | €17,055 | €4,704 | -€12,351 | -72.4% |
| Gross operating margin | 9900 | €95,355 | €52,885 | -€42,470 | -44.5% |
| Operating profit (loss) | 9901 | €32,438 | €1,734 | -€30,704 | -94.7% |
| Financial income | 75/76B | €3,912 | €3,900 | -€12 | -0.3% |
| Recurring financial income | 75 | €3,912 | €3,900 | -€12 | -0.3% |
| Financial charges | 65/66B | €27,346 | €27,608 | +€262 | +1.0% |
| Recurring financial charges | 65 | €27,346 | €27,608 | +€262 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €9,004 | -€21,974 | -€30,978 | |
| Income taxes | 67/77 | €2,649 | - | -€2,649 | |
| Profit (loss) for the period | 9904 | €6,355 | -€21,974 | -€28,329 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,355 | -€21,974 | -€28,329 |
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 29 October 2026 via checked.be.