MK PARTNERS: 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 PARTNERS
Largest movements
- Deferred charges and accrued income +€33,564
up €33,564 (+109%), from €30,840 to €64,404
- Receivables within one year -€11,483
down €11,483 (-76.9%), from €14,932 to €3,449
- Tangible fixed assets +€10,800
up €10,800 (+75.7%), from €14,274 to €25,074
- Cash +€5,359
up €5,359 (+143%), from €3,745 to €9,104
mainly Trade debts (+€32,854) and Receivables within one year (+€11,483)
- Trade debts +€32,854
new in 2025: €32,854
- Profit (loss) carried forward +€5,387
up €5,387 (+11.9%), from €45,104 to €50,491
- Purchases and services +€197,945
up €197,945 (+206%), from €96,042 to €293,987
- Turnover +€121,935
up €121,935 (+67.6%), from €180,410 to €302,345
- Gross operating margin -€13,435
down €13,435 (-61.7%), from €21,790 to €8,355
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 | €63,791 | €102,032 | +€38,241 | +59.9% |
| Fixed assets | 21/28 | €14,274 | €25,074 | +€10,800 | +75.7% |
| Tangible fixed assets | 22/27 | €14,274 | €25,074 | +€10,800 | +75.7% |
| Furniture and vehicles | 24 | €14,274 | €25,074 | +€10,800 | +75.7% |
| Current assets | 29/58 | €49,517 | €76,958 | +€27,441 | +55.4% |
| Amounts receivable within one year | 40/41 | €14,932 | €3,449 | -€11,483 | -76.9% |
| Trade receivables | 40 | €14,932 | €3,449 | -€11,483 | -76.9% |
| Cash at bank and in hand | 54/58 | €3,745 | €9,104 | +€5,359 | +143% |
| Deferred charges and accrued income | 490/1 | €30,840 | €64,404 | +€33,564 | +109% |
| Total equity and liabilities | 10/49 | €63,791 | €102,032 | +€38,241 | +59.9% |
| Equity | 10/15 | €63,791 | €69,178 | +€5,387 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87 | €87 | = | 0.0% |
| Non-distributable reserves | 130/1 | €87 | €87 | = | 0.0% |
| Legal reserve | 130 | €87 | €87 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,104 | €50,491 | +€5,387 | +11.9% |
| Amounts payable | 17/49 | - | €32,854 | +€32,854 | |
| Amounts payable within one year | 42/48 | - | €32,854 | +€32,854 | |
| Trade debts | 44 | - | €32,854 | +€32,854 | |
| Suppliers | 440/4 | - | €32,854 | +€32,854 | |
| Turnover | 70 | €180,410 | €302,345 | +€121,935 | +67.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €96,042 | €293,987 | +€197,945 | +206% |
| Remuneration, social security and pensions | 62 | - | €1,118 | +€1,118 | |
| Other operating charges | 640/8 | €1,478 | €1,752 | +€274 | +18.6% |
| Gross operating margin | 9900 | €21,790 | €8,355 | -€13,435 | -61.7% |
| Operating profit (loss) | 9901 | €20,312 | €5,485 | -€14,827 | -73.0% |
| Financial charges | 65/66B | €131 | €98 | -€33 | -25.2% |
| Recurring financial charges | 65 | €131 | €98 | -€33 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €20,181 | €5,387 | -€14,794 | -73.3% |
| Profit (loss) for the period | 9904 | €20,181 | €5,387 | -€14,794 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,181 | €5,387 | -€14,794 | -73.3% |
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 23 October 2026 via checked.be.