MK Strategy & Solutions: 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 Strategy & Solutions
Largest movements
- Tangible fixed assets -€9,980
down €9,980 (-32.0%), from €31,170 to €21,191
- Receivables within one year +€7,911
up €7,911 (+4,026%), from €196 to €8,107
of which Trade receivables: +€5,326
- Cash -€4,176
down €4,176 (-39.7%), from €10,523 to €6,347
mainly Receivables within one year (-€7,911) and Net result for the year (-€6,788)
- Profit (loss) carried forward -€6,788
down €6,788, from €165 to -€6,623
- Other debts +€3,321
up €3,321 (+36.7%), from €9,049 to €12,370
- Accrued charges and deferred income -€2,521
no longer reported in 2025 (was €2,521)
- Depreciation +€10,145
up €10,145 (+1,036%), from €980 to €11,125
- Gross operating margin -€9,003
down €9,003 (-61.3%), from €14,694 to €5,692
- Other operating charges -€2,331
down €2,331 (-71.7%), from €3,253 to €922
- Taxes +€461
up €461, from -€296 to €165
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 | €43,042 | €36,899 | -€6,143 | -14.3% |
| Fixed assets | 21/28 | €31,170 | €21,191 | -€9,980 | -32.0% |
| Tangible fixed assets | 22/27 | €31,170 | €21,191 | -€9,980 | -32.0% |
| Furniture and vehicles | 24 | €31,170 | €21,191 | -€9,980 | -32.0% |
| Current assets | 29/58 | €11,872 | €15,709 | +€3,837 | +32.3% |
| Amounts receivable within one year | 40/41 | €196 | €8,107 | +€7,911 | +4,026% |
| Trade receivables | 40 | - | €5,326 | +€5,326 | |
| Other amounts receivable | 41 | €196 | €2,781 | +€2,585 | +1,316% |
| Cash at bank and in hand | 54/58 | €10,523 | €6,347 | -€4,176 | -39.7% |
| Deferred charges and accrued income | 490/1 | €1,152 | €1,254 | +€102 | +8.8% |
| Total equity and liabilities | 10/49 | €43,042 | €36,899 | -€6,143 | -14.3% |
| Equity | 10/15 | €30,925 | €24,137 | -€6,788 | -22.0% |
| Contributions | 10/11 | €7,730 | €7,730 | = | 0.0% |
| Reserves | 13 | €23,030 | €23,030 | = | 0.0% |
| Distributable reserves | 133 | €23,030 | €23,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165 | -€6,623 | -€6,788 | |
| Amounts payable | 17/49 | €12,117 | €12,762 | +€646 | +5.3% |
| Amounts payable within one year | 42/48 | €9,596 | €12,762 | +€3,167 | +33.0% |
| Trade debts | 44 | €547 | €392 | -€155 | -28.3% |
| Suppliers | 440/4 | €547 | €392 | -€155 | -28.3% |
| Other amounts payable | 47/48 | €9,049 | €12,370 | +€3,321 | +36.7% |
| Accrued charges and deferred income | 492/3 | €2,521 | - | -€2,521 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €980 | €11,125 | +€10,145 | +1,036% |
| Other operating charges | 640/8 | €3,253 | €922 | -€2,331 | -71.7% |
| Gross operating margin | 9900 | €14,694 | €5,692 | -€9,003 | -61.3% |
| Operating profit (loss) | 9901 | €10,462 | -€6,355 | -€16,817 | |
| Financial income | 75/76B | €49 | €7 | -€41 | -85.3% |
| Recurring financial income | 75 | €49 | €7 | -€41 | -85.3% |
| Financial charges | 65/66B | €255 | €276 | +€21 | +8.1% |
| Recurring financial charges | 65 | €255 | €276 | +€21 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €10,256 | -€6,623 | -€16,879 | |
| Income taxes | 67/77 | -€296 | €165 | +€461 | |
| Profit (loss) for the period | 9904 | €10,552 | -€6,788 | -€17,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,552 | -€6,788 | -€17,340 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.