MK Solutions: 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 Solutions
Largest movements
- Stocks and contracts +€56,395
up €56,395 (+179.5%), from €31,413 to €87,807
- Tangible fixed assets -€6,361
down €6,361 (-17.1%), from €37,218 to €30,858
of which Furniture and vehicles: -€6,181
- Cash +€6,030
up €6,030 (+10.5%), from €57,181 to €63,210
mainly Trade debts (+€68,063) and Other debts (+€48,049)
- Receivables within one year +€2,790
up €2,790 (+6.8%), from €41,027 to €43,817
of which Trade receivables: +€1,958
- Trade debts +€68,063
up €68,063 (+480.3%), from €14,171 to €82,234
- Reserves -€49,526
down €49,526 (-44.0%), from €112,436 to €62,910
- Other debts +€48,049
up €48,049 (+2462.1%), from €1,952 to €50,000
- Debts after one year -€5,926
down €5,926 (-29.3%), from €20,218 to €14,292
- Tax, wage and social debts -€2,599
down €2,599 (-61.2%), from €4,249 to €1,650
- Gross operating margin -€21,336
down €21,336 (-59.0%), from €36,169 to €14,833
- Taxes -€3,476
down €3,476 (-87.5%), from €3,974 to €498
- Depreciation +€1,977
up €1,977 (+27.5%), from €7,192 to €9,169
- Other operating charges +€778
up €778 (+53.3%), from €1,458 to €2,235
- Financial income -€477
down €477 (-95.0%), from €502 to €25
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 | €168,770 | €227,232 | +€58,463 | +34.6% |
| Fixed assets | 21/28 | €37,218 | €30,858 | -€6,361 | -17.1% |
| Tangible fixed assets | 22/27 | €37,218 | €30,858 | -€6,361 | -17.1% |
| Plant, machinery and equipment | 23 | €670 | €490 | -€180 | -26.9% |
| Furniture and vehicles | 24 | €36,548 | €30,368 | -€6,181 | -16.9% |
| Current assets | 29/58 | €131,551 | €196,375 | +€64,824 | +49.3% |
| Stocks and contracts in progress | 3 | €31,413 | €87,807 | +€56,395 | +179.5% |
| Stocks | 30/36 | €31,413 | €87,807 | +€56,395 | +179.5% |
| Amounts receivable within one year | 40/41 | €41,027 | €43,817 | +€2,790 | +6.8% |
| Trade receivables | 40 | €15,320 | €17,278 | +€1,958 | +12.8% |
| Other amounts receivable | 41 | €25,707 | €26,538 | +€832 | +3.2% |
| Cash at bank and in hand | 54/58 | €57,181 | €63,210 | +€6,030 | +10.5% |
| Deferred charges and accrued income | 490/1 | €1,931 | €1,541 | -€390 | -20.2% |
| Total equity and liabilities | 10/49 | €168,770 | €227,232 | +€58,463 | +34.6% |
| Equity | 10/15 | €122,436 | €72,910 | -€49,526 | -40.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €112,436 | €62,910 | -€49,526 | -44.0% |
| Distributable reserves | 133 | €112,436 | €62,910 | -€49,526 | -44.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €46,333 | €154,322 | +€107,989 | +233.1% |
| Amounts payable after more than one year | 17 | €20,218 | €14,292 | -€5,926 | -29.3% |
| Financial debts | 170/4 | €20,218 | €14,292 | -€5,926 | -29.3% |
| Amounts payable within one year | 42/48 | €26,050 | €139,810 | +€113,760 | +436.7% |
| Current portion of amounts payable after more than one year | 42 | €5,679 | €5,926 | +€247 | +4.3% |
| Trade debts | 44 | €14,171 | €82,234 | +€68,063 | +480.3% |
| Suppliers | 440/4 | €14,171 | €82,234 | +€68,063 | +480.3% |
| Taxes, remuneration and social security | 45 | €4,249 | €1,650 | -€2,599 | -61.2% |
| Taxes | 450/3 | €4,249 | €1,650 | -€2,599 | -61.2% |
| Other amounts payable | 47/48 | €1,952 | €50,000 | +€48,049 | +2462.1% |
| Accrued charges and deferred income | 492/3 | €65 | €220 | +€155 | +239.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,192 | €9,169 | +€1,977 | +27.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €366 | €0 | -€366 | -100.0% |
| Other operating charges | 640/8 | €1,458 | €2,235 | +€778 | +53.3% |
| Non-recurring operating charges | 66A | €2,818 | €0 | -€2,818 | -100.0% |
| Gross operating margin | 9900 | €36,169 | €14,833 | -€21,336 | -59.0% |
| Operating profit (loss) | 9901 | €24,334 | €3,429 | -€20,905 | -85.9% |
| Financial income | 75/76B | €502 | €25 | -€477 | -95.0% |
| Recurring financial income | 75 | €502 | €25 | -€477 | -95.0% |
| Financial charges | 65/66B | €2,932 | €2,481 | -€450 | -15.4% |
| Recurring financial charges | 65 | €2,932 | €2,481 | -€450 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €21,904 | €972 | -€20,932 | -95.6% |
| Income taxes | 67/77 | €3,974 | €498 | -€3,476 | -87.5% |
| Profit (loss) for the period | 9904 | €17,931 | €474 | -€17,457 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,931 | €474 | -€17,457 | -97.4% |
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 7 October 2026 via checked.be.