MK PROJET: 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 PROJET
Largest movements
- Stocks and contracts -€57,562
no longer reported in 2025 (was €57,562)
- Cash -€6,991
down €6,991 (-59.2%), from €11,819 to €4,828
mainly Other debts (-€45,071) and Advances received (-€12,100)
- Receivables within one year -€1,163
down €1,163 (-9.5%), from €12,263 to €11,100
of which Trade receivables: -€1,000
- Other debts -€45,071
down €45,071 (-68.9%), from €65,377 to €20,306
- Advances received -€12,100
no longer reported in 2025 (was €12,100)
- Profit (loss) carried forward -€11,748
down €11,748 (-306.5%), from -€3,833 to -€15,581
- Tax, wage and social debts +€3,109
new in 2025: €3,109
- Gross operating margin -€12,196
down €12,196, from €492 to -€11,704
- Financial income +€311
new in 2025: €311
of which Non-recurring financial income: +€281
- Other operating charges +€184
new in 2025: €184
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 | €81,644 | €15,928 | -€65,716 | -80.5% |
| Current assets | 29/58 | €81,644 | €15,928 | -€65,716 | -80.5% |
| Stocks and contracts in progress | 3 | €57,562 | - | -€57,562 | |
| Stocks | 30/36 | €57,562 | - | -€57,562 | |
| Amounts receivable within one year | 40/41 | €12,263 | €11,100 | -€1,163 | -9.5% |
| Trade receivables | 40 | €12,100 | €11,100 | -€1,000 | -8.3% |
| Other amounts receivable | 41 | €163 | - | -€163 | |
| Cash at bank and in hand | 54/58 | €11,819 | €4,828 | -€6,991 | -59.2% |
| Total equity and liabilities | 10/49 | €81,644 | €15,928 | -€65,716 | -80.5% |
| Equity | 10/15 | €4,167 | -€7,581 | -€11,748 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,833 | -€15,581 | -€11,748 | -306.5% |
| Amounts payable | 17/49 | €77,477 | €23,509 | -€53,968 | -69.7% |
| Amounts payable within one year | 42/48 | €77,477 | €23,509 | -€53,968 | -69.7% |
| Trade debts | 44 | - | €94 | +€94 | |
| Suppliers | 440/4 | - | €94 | +€94 | |
| Advances received on contracts in progress | 46 | €12,100 | - | -€12,100 | |
| Taxes, remuneration and social security | 45 | - | €3,109 | +€3,109 | |
| Taxes | 450/3 | - | €3,109 | +€3,109 | |
| Other amounts payable | 47/48 | €65,377 | €20,306 | -€45,071 | -68.9% |
| Other operating charges | 640/8 | - | €184 | +€184 | |
| Gross operating margin | 9900 | €492 | -€11,704 | -€12,196 | |
| Operating profit (loss) | 9901 | €492 | -€11,888 | -€12,380 | |
| Financial income | 75/76B | - | €311 | +€311 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Non-recurring financial income | 76B | - | €281 | +€281 | |
| Financial charges | 65/66B | €213 | €171 | -€42 | -19.7% |
| Recurring financial charges | 65 | €213 | €171 | -€42 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €279 | -€11,748 | -€12,027 | |
| Profit (loss) for the period | 9904 | €279 | -€11,748 | -€12,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €279 | -€11,748 | -€12,027 |
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 2 October 2026 via checked.be.