MK SYSTEME: 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 SYSTEME
Largest movements
- Cash +€22,687
up €22,687 (+1732.3%), from €1,310 to €23,997
mainly Trade debts (+€44,414) and Net result for the year (+€17,348)
- Receivables within one year +€16,501
up €16,501 (+14.4%), from €114,849 to €131,350
of which Other amounts receivable: +€22,379
- Stocks and contracts -€9,415
down €9,415 (-19.8%), from €47,480 to €38,065
- Tangible fixed assets -€7,427
down €7,427 (-14.7%), from €50,454 to €43,027
of which Furniture and vehicles: -€5,460
- Trade debts +€44,414
up €44,414 (+57.0%), from €77,859 to €122,272
- Debts after one year -€12,447
down €12,447 (-36.3%), from €34,245 to €21,798
of which Financial debts: -€12,447
- Profit (loss) carried forward +€11,721
up €11,721 (+30.3%), from €38,705 to €50,426
- Short-term financial debts -€10,000
no longer reported in 2025 (was €10,000)
- Other debts -€9,302
down €9,302 (-79.3%), from €11,735 to €2,433
- Other operating charges +€16,975
up €16,975 (+1799.8%), from €943 to €17,919
- Gross operating margin +€9,379
up €9,379 (+12.5%), from €75,148 to €84,527
- Taxes +€4,758
up €4,758 (+55.7%), from €8,544 to €13,301
- Staff costs -€3,486
down €3,486 (-17.0%), from €20,450 to €16,964
- Financial charges +€3,065
up €3,065 (+78.3%), from €3,915 to €6,980
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 | €256,393 | €278,739 | +€22,346 | +8.7% |
| Fixed assets | 21/28 | €51,754 | €44,327 | -€7,427 | -14.3% |
| Tangible fixed assets | 22/27 | €50,454 | €43,027 | -€7,427 | -14.7% |
| Plant, machinery and equipment | 23 | €2,943 | €2,097 | -€846 | -28.7% |
| Furniture and vehicles | 24 | €42,623 | €37,163 | -€5,460 | -12.8% |
| Other tangible fixed assets | 26 | €4,888 | €3,767 | -€1,120 | -22.9% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €204,639 | €234,411 | +€29,772 | +14.5% |
| Amounts receivable after more than one year | 29 | €41,000 | €41,000 | = | 0.0% |
| Other amounts receivable | 291 | €41,000 | €41,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €47,480 | €38,065 | -€9,415 | -19.8% |
| Stocks | 30/36 | €47,480 | €38,065 | -€9,415 | -19.8% |
| Amounts receivable within one year | 40/41 | €114,849 | €131,350 | +€16,501 | +14.4% |
| Trade receivables | 40 | €70,577 | €64,698 | -€5,879 | -8.3% |
| Other amounts receivable | 41 | €44,272 | €66,652 | +€22,379 | +50.5% |
| Cash at bank and in hand | 54/58 | €1,310 | €23,997 | +€22,687 | +1732.3% |
| Total equity and liabilities | 10/49 | €256,393 | €278,739 | +€22,346 | +8.7% |
| Equity | 10/15 | €86,665 | €103,180 | +€16,515 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,760 | €46,554 | +€4,794 | +11.5% |
| Non-distributable reserves | 130/1 | €554 | €554 | = | 0.0% |
| Reserves not available under the articles | 1311 | €554 | €554 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,206 | - | -€7,206 | |
| Distributable reserves | 133 | €34,000 | €46,000 | +€12,000 | +35.3% |
| Profit (loss) carried forward | 14 | €38,705 | €50,426 | +€11,721 | +30.3% |
| Provisions and deferred taxes | 16 | €1,802 | - | -€1,802 | |
| Deferred taxes | 168 | €1,802 | - | -€1,802 | |
| Amounts payable | 17/49 | €167,926 | €175,559 | +€7,633 | +4.5% |
| Amounts payable after more than one year | 17 | €34,245 | €21,798 | -€12,447 | -36.3% |
| Financial debts | 170/4 | €26,245 | €13,798 | -€12,447 | -47.4% |
| Other amounts payable | 178/9 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €133,681 | €152,992 | +€19,311 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €12,552 | €12,447 | -€105 | -0.8% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €77,859 | €122,272 | +€44,414 | +57.0% |
| Suppliers | 440/4 | €77,859 | €122,272 | +€44,414 | +57.0% |
| Taxes, remuneration and social security | 45 | €21,536 | €15,839 | -€5,696 | -26.4% |
| Taxes | 450/3 | €19,007 | €14,956 | -€4,052 | -21.3% |
| Remuneration and social security | 454/9 | €2,528 | €884 | -€1,645 | -65.1% |
| Other amounts payable | 47/48 | €11,735 | €2,433 | -€9,302 | -79.3% |
| Accrued charges and deferred income | 492/3 | - | €769 | +€769 | |
| Remuneration, social security and pensions | 62 | €20,450 | €16,964 | -€3,486 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,209 | €13,964 | +€2,755 | +24.6% |
| Other operating charges | 640/8 | €943 | €17,919 | +€16,975 | +1799.8% |
| Non-recurring operating charges | 66A | €24 | - | -€24 | |
| Gross operating margin | 9900 | €75,148 | €84,527 | +€9,379 | +12.5% |
| Operating profit (loss) | 9901 | €42,523 | €35,681 | -€6,842 | -16.1% |
| Financial income | 75/76B | €17 | €147 | +€130 | +749.9% |
| Recurring financial income | 75 | €17 | €147 | +€130 | +749.9% |
| Financial charges | 65/66B | €3,915 | €6,980 | +€3,065 | +78.3% |
| Recurring financial charges | 65 | €3,915 | €6,980 | +€3,065 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | €38,625 | €28,848 | -€9,777 | -25.3% |
| Transfer from deferred taxes | 780 | €442 | €1,802 | +€1,359 | +307.4% |
| Transfer to deferred taxes | 680 | €2,244 | - | -€2,244 | |
| Income taxes | 67/77 | €8,544 | €13,301 | +€4,758 | +55.7% |
| Profit (loss) for the period | 9904 | €28,279 | €17,348 | -€10,932 | -38.7% |
| Transfer from tax-exempt reserves | 789 | €1,769 | €7,206 | +€5,438 | +307.4% |
| Transfer to tax-exempt reserves | 689 | €8,975 | - | -€8,975 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,073 | €24,554 | +€3,481 | +16.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.