MK SOCIETE: 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 SOCIETE
Largest movements
- Cash +€52,874
up €52,874 (+669%), from €7,905 to €60,779
mainly Net result for the year (+€47,277) and Trade debts (+€46,134)
- Receivables within one year +€25,283
up €25,283 (+21.3%), from €118,617 to €143,900
of which Trade receivables: +€17,930
- Stocks and contracts +€24,835
up €24,835 (+265%), from €9,380 to €34,215
- Financial fixed assets +€15,000
new in 2024: €15,000
- Deferred charges and accrued income +€14,447
up €14,447 (+312%), from €4,631 to €19,078
- Profit (loss) carried forward +€47,277
up €47,277 (+64.9%), from €72,798 to €120,075
- Trade debts +€46,134
up €46,134 (+210%), from €21,936 to €68,070
- Other debts +€21,575
up €21,575 (+714%), from €3,022 to €24,597
- Current portion of long-term debt +€9,639
up €9,639 (+148%), from €6,524 to €16,163
- Tax, wage and social debts +€3,377
up €3,377 (+9.5%), from €35,676 to €39,053
of which Taxes: +€10,100
- Gross operating margin +€29,358
up €29,358 (+32.6%), from €89,928 to €119,286
- Staff costs +€11,385
up €11,385 (+44.5%), from €25,564 to €36,949
- Other operating charges +€8,036
up €8,036 (+659%), from €1,219 to €9,255
- Financial charges +€5,033
up €5,033 (+181%), from €2,779 to €7,811
- Taxes +€3,602
up €3,602 (+30.1%), from €11,951 to €15,553
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 | €148,437 | €279,540 | +€131,103 | +88.3% |
| Fixed assets | 21/28 | €7,904 | €21,569 | +€13,664 | +173% |
| Tangible fixed assets | 22/27 | €7,904 | €6,569 | -€1,336 | -16.9% |
| Plant, machinery and equipment | 23 | €2,126 | €1,826 | -€300 | -14.1% |
| Furniture and vehicles | 24 | €3,452 | €2,661 | -€791 | -22.9% |
| Other tangible fixed assets | 26 | €2,326 | €2,082 | -€245 | -10.5% |
| Financial fixed assets | 28 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €140,533 | €257,971 | +€117,439 | +83.6% |
| Stocks and contracts in progress | 3 | €9,380 | €34,215 | +€24,835 | +265% |
| Stocks | 30/36 | €9,380 | €34,215 | +€24,835 | +265% |
| Amounts receivable within one year | 40/41 | €118,617 | €143,900 | +€25,283 | +21.3% |
| Trade receivables | 40 | €6,886 | €24,816 | +€17,930 | +260% |
| Other amounts receivable | 41 | €111,731 | €119,083 | +€7,352 | +6.6% |
| Cash at bank and in hand | 54/58 | €7,905 | €60,779 | +€52,874 | +669% |
| Deferred charges and accrued income | 490/1 | €4,631 | €19,078 | +€14,447 | +312% |
| Total equity and liabilities | 10/49 | €148,437 | €279,540 | +€131,103 | +88.3% |
| Equity | 10/15 | €77,798 | €125,075 | +€47,277 | +60.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,798 | €120,075 | +€47,277 | +64.9% |
| Amounts payable | 17/49 | €70,639 | €154,465 | +€83,826 | +119% |
| Amounts payable after more than one year | 17 | €860 | €4,029 | +€3,169 | +368% |
| Financial debts | 170/4 | €860 | €4,029 | +€3,169 | +368% |
| Amounts payable within one year | 42/48 | €69,656 | €150,381 | +€80,724 | +116% |
| Current portion of amounts payable after more than one year | 42 | €6,524 | €16,163 | +€9,639 | +148% |
| Financial debts | 43 | €2,499 | €2,498 | -€1 | 0.0% |
| Credit institutions | 430/8 | €2,499 | €2,498 | -€1 | 0.0% |
| Trade debts | 44 | €21,936 | €68,070 | +€46,134 | +210% |
| Suppliers | 440/4 | €21,936 | €68,070 | +€46,134 | +210% |
| Taxes, remuneration and social security | 45 | €35,676 | €39,053 | +€3,377 | +9.5% |
| Taxes | 450/3 | €25,947 | €36,047 | +€10,100 | +38.9% |
| Remuneration and social security | 454/9 | €9,729 | €3,006 | -€6,723 | -69.1% |
| Other amounts payable | 47/48 | €3,022 | €24,597 | +€21,575 | +714% |
| Accrued charges and deferred income | 492/3 | €122 | €55 | -€67 | -55.2% |
| Non-recurring operating income | 76A | - | €14,557 | +€14,557 | |
| Remuneration, social security and pensions | 62 | €25,564 | €36,949 | +€11,385 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,194 | €2,465 | +€272 | +12.4% |
| Other operating charges | 640/8 | €1,219 | €9,255 | +€8,036 | +659% |
| Non-recurring operating charges | 66A | €2,605 | - | -€2,605 | |
| Gross operating margin | 9900 | €89,928 | €119,286 | +€29,358 | +32.6% |
| Operating profit (loss) | 9901 | €58,346 | €70,617 | +€12,271 | +21.0% |
| Financial income | 75/76B | €2,958 | €25 | -€2,933 | -99.1% |
| Recurring financial income | 75 | €2,958 | €25 | -€2,933 | -99.1% |
| Financial charges | 65/66B | €2,779 | €7,811 | +€5,033 | +181% |
| Recurring financial charges | 65 | €2,779 | €7,811 | +€5,033 | +181% |
| Profit (loss) for the period before taxes | 9903 | €58,525 | €62,830 | +€4,305 | +7.4% |
| Income taxes | 67/77 | €11,951 | €15,553 | +€3,602 | +30.1% |
| Profit (loss) for the period | 9904 | €46,574 | €47,277 | +€702 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,574 | €47,277 | +€702 | +1.5% |
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 18 October 2026 via checked.be.