MK-tec: 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-tec
Largest movements
- Receivables within one year -€23,479
down €23,479 (-13.1%), from €179,811 to €156,333
of which Other amounts receivable: -€29,693
- Tangible fixed assets -€4,525
down €4,525 (-100.0%), from €4,525 to €0
- Deferred charges and accrued income +€2,169
new in 2025: €2,169
- Cash +€2,027
up €2,027 (+277.0%), from €732 to €2,758
mainly Receivables within one year (+€23,479) and Net result for the year (+€22,605)
- Tax, wage and social debts -€36,767
down €36,767 (-39.0%), from €94,377 to €57,610
of which Remuneration and social security: -€42,781
- Profit (loss) carried forward +€22,605
up €22,605 (+58.5%), from €38,664 to €61,269
- Trade debts -€9,646
down €9,646 (-25.0%), from €38,596 to €28,950
- Gross operating margin -€77,300
down €77,300 (-20.5%), from €377,560 to €300,260
- Staff costs -€52,521
down €52,521 (-16.7%), from €313,806 to €261,285
- Other operating charges -€3,948
down €3,948 (-60.6%), from €6,516 to €2,568
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 | €190,237 | €166,429 | -€23,808 | -12.5% |
| Fixed assets | 21/28 | €9,694 | €5,169 | -€4,525 | -46.7% |
| Intangible fixed assets | 21 | €169 | €169 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,525 | €0 | -€4,525 | -100.0% |
| Furniture and vehicles | 24 | €4,525 | €0 | -€4,525 | -100.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €180,543 | €161,260 | -€19,283 | -10.7% |
| Amounts receivable within one year | 40/41 | €179,811 | €156,333 | -€23,479 | -13.1% |
| Trade receivables | 40 | €16,053 | €22,268 | +€6,214 | +38.7% |
| Other amounts receivable | 41 | €163,758 | €134,065 | -€29,693 | -18.1% |
| Cash at bank and in hand | 54/58 | €732 | €2,758 | +€2,027 | +277.0% |
| Deferred charges and accrued income | 490/1 | - | €2,169 | +€2,169 | |
| Total equity and liabilities | 10/49 | €190,237 | €166,429 | -€23,808 | -12.5% |
| Equity | 10/15 | €57,264 | €79,869 | +€22,605 | +39.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,664 | €61,269 | +€22,605 | +58.5% |
| Amounts payable | 17/49 | €132,973 | €86,560 | -€46,413 | -34.9% |
| Amounts payable within one year | 42/48 | €132,973 | €86,560 | -€46,413 | -34.9% |
| Trade debts | 44 | €38,596 | €28,950 | -€9,646 | -25.0% |
| Suppliers | 440/4 | €38,596 | €28,950 | -€9,646 | -25.0% |
| Taxes, remuneration and social security | 45 | €94,377 | €57,610 | -€36,767 | -39.0% |
| Taxes | 450/3 | €2,955 | €8,969 | +€6,013 | +203.5% |
| Remuneration and social security | 454/9 | €91,422 | €48,642 | -€42,781 | -46.8% |
| Remuneration, social security and pensions | 62 | €313,806 | €261,285 | -€52,521 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,012 | €4,525 | -€487 | -9.7% |
| Other operating charges | 640/8 | €6,516 | €2,568 | -€3,948 | -60.6% |
| Gross operating margin | 9900 | €377,560 | €300,260 | -€77,300 | -20.5% |
| Operating profit (loss) | 9901 | €52,226 | €31,882 | -€20,344 | -39.0% |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €643 | €1,135 | +€492 | +76.5% |
| Recurring financial charges | 65 | €643 | €1,135 | +€492 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €51,583 | €30,819 | -€20,764 | -40.3% |
| Income taxes | 67/77 | €9,000 | €8,214 | -€786 | -8.7% |
| Profit (loss) for the period | 9904 | €42,583 | €22,605 | -€19,978 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,583 | €22,605 | -€19,978 | -46.9% |
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 11 October 2026 via checked.be.