MK STOCK: 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 STOCK
Largest movements
- Receivables within one year -€96,882
down €96,882 (-92.1%), from €105,226 to €8,344
- Trade debts -€94,714
down €94,714 (-52.4%), from €180,690 to €85,976
- Debts after one year -€21,175
down €21,175 (-45.1%), from €46,985 to €25,810
- Tax, wage and social debts +€12,608
up €12,608 (+10.5%), from €120,521 to €133,130
of which Taxes: +€19,300
- Profit (loss) carried forward +€8,017
up €8,017 (+92.1%), from €8,703 to €16,720
- Staff costs -€19,341
down €19,341 (-34.7%), from €55,698 to €36,357
- Gross operating margin -€17,279
down €17,279 (-25.2%), from €68,549 to €51,270
- Other operating charges -€1,445
down €1,445 (-68.3%), from €2,115 to €671
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 | €367,977 | €270,415 | -€97,562 | -26.5% |
| Fixed assets | 21/28 | €7,888 | €6,106 | -€1,782 | -22.6% |
| Tangible fixed assets | 22/27 | €2,808 | €1,026 | -€1,782 | -63.5% |
| Furniture and vehicles | 24 | €2,808 | €1,026 | -€1,782 | -63.5% |
| Financial fixed assets | 28 | €5,080 | €5,080 | = | 0.0% |
| Current assets | 29/58 | €360,089 | €264,309 | -€95,780 | -26.6% |
| Stocks and contracts in progress | 3 | €254,475 | €255,471 | +€997 | +0.4% |
| Stocks | 30/36 | €254,475 | €255,471 | +€997 | +0.4% |
| Amounts receivable within one year | 40/41 | €105,226 | €8,344 | -€96,882 | -92.1% |
| Trade receivables | 40 | €105,226 | €8,344 | -€96,882 | -92.1% |
| Cash at bank and in hand | 54/58 | €389 | €494 | +€105 | +27.0% |
| Total equity and liabilities | 10/49 | €367,977 | €270,415 | -€97,562 | -26.5% |
| Equity | 10/15 | €14,903 | €22,920 | +€8,017 | +53.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,703 | €16,720 | +€8,017 | +92.1% |
| Amounts payable | 17/49 | €353,074 | €247,495 | -€105,579 | -29.9% |
| Amounts payable after more than one year | 17 | €46,985 | €25,810 | -€21,175 | -45.1% |
| Financial debts | 170/4 | €46,985 | €25,810 | -€21,175 | -45.1% |
| Amounts payable within one year | 42/48 | €306,089 | €221,685 | -€84,404 | -27.6% |
| Financial debts | 43 | €4,877 | €2,579 | -€2,297 | -47.1% |
| Credit institutions | 430/8 | €4,877 | €2,579 | -€2,297 | -47.1% |
| Trade debts | 44 | €180,690 | €85,976 | -€94,714 | -52.4% |
| Suppliers | 440/4 | €180,690 | €85,976 | -€94,714 | -52.4% |
| Taxes, remuneration and social security | 45 | €120,521 | €133,130 | +€12,608 | +10.5% |
| Taxes | 450/3 | €109,551 | €128,850 | +€19,300 | +17.6% |
| Remuneration and social security | 454/9 | €10,971 | €4,279 | -€6,692 | -61.0% |
| Non-recurring operating income | 76A | €1,000 | €100 | -€900 | -90.0% |
| Remuneration, social security and pensions | 62 | €55,698 | €36,357 | -€19,341 | -34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,333 | €2,403 | +€70 | +3.0% |
| Other operating charges | 640/8 | €2,115 | €671 | -€1,445 | -68.3% |
| Gross operating margin | 9900 | €68,549 | €51,270 | -€17,279 | -25.2% |
| Operating profit (loss) | 9901 | €8,402 | €11,839 | +€3,437 | +40.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,676 | €1,159 | -€517 | -30.8% |
| Recurring financial charges | 65 | €1,676 | €1,159 | -€517 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €6,728 | €10,680 | +€3,953 | +58.8% |
| Income taxes | 67/77 | €2,060 | €2,664 | +€603 | +29.3% |
| Profit (loss) for the period | 9904 | €4,667 | €8,017 | +€3,349 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,667 | €8,017 | +€3,349 | +71.8% |
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 13 October 2026 via checked.be.