MK TELECOMSERVICE: 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 TELECOMSERVICE
Largest movements
- Cash -€168,646
down €168,646 (-82.7%), from €203,924 to €35,278
mainly Investment in fixed assets (net) (-€127,974) and Receivables within one year (-€113,816)
- Receivables within one year +€113,816
up €113,816 (+763%), from €14,914 to €128,731
of which Trade receivables: +€114,534
- Tangible fixed assets +€85,215
up €85,215 (+174%), from €48,842 to €134,058
of which Furniture and vehicles: +€89,287
- Receivables after one year +€20,000
up €20,000 (+15.4%), from €130,000 to €150,000
- Reserves +€38,746
up €38,746 (+13.2%), from €293,920 to €332,666
- Tax, wage and social debts +€13,932
up €13,932 (+18.3%), from €76,136 to €90,067
of which Taxes: +€16,853
- Gross operating margin -€146,258
down €146,258 (-32.5%), from €450,157 to €303,899
- Taxes -€29,307
down €29,307 (-63.5%), from €46,159 to €16,853
- Staff costs -€25,433
down €25,433 (-11.1%), from €229,584 to €204,151
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 | €397,681 | €448,066 | +€50,385 | +12.7% |
| Fixed assets | 21/28 | €48,842 | €134,058 | +€85,215 | +174% |
| Tangible fixed assets | 22/27 | €48,842 | €134,058 | +€85,215 | +174% |
| Plant, machinery and equipment | 23 | €6,468 | €2,396 | -€4,072 | -63.0% |
| Furniture and vehicles | 24 | €42,374 | €131,662 | +€89,287 | +211% |
| Current assets | 29/58 | €348,838 | €314,009 | -€34,830 | -10.0% |
| Amounts receivable after more than one year | 29 | €130,000 | €150,000 | +€20,000 | +15.4% |
| Other amounts receivable | 291 | €130,000 | €150,000 | +€20,000 | +15.4% |
| Amounts receivable within one year | 40/41 | €14,914 | €128,731 | +€113,816 | +763% |
| Trade receivables | 40 | - | €114,534 | +€114,534 | |
| Other amounts receivable | 41 | €14,914 | €14,196 | -€718 | -4.8% |
| Cash at bank and in hand | 54/58 | €203,924 | €35,278 | -€168,646 | -82.7% |
| Total equity and liabilities | 10/49 | €397,681 | €448,066 | +€50,385 | +12.7% |
| Equity | 10/15 | €297,920 | €336,666 | +€38,746 | +13.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €293,920 | €332,666 | +€38,746 | +13.2% |
| Distributable reserves | 133 | €293,920 | €332,666 | +€38,746 | +13.2% |
| Amounts payable | 17/49 | €99,761 | €111,400 | +€11,640 | +11.7% |
| Amounts payable within one year | 42/48 | €99,761 | €111,400 | +€11,640 | +11.7% |
| Trade debts | 44 | €22,475 | €20,238 | -€2,237 | -10.0% |
| Suppliers | 440/4 | €22,475 | €20,238 | -€2,237 | -10.0% |
| Taxes, remuneration and social security | 45 | €76,136 | €90,067 | +€13,932 | +18.3% |
| Taxes | 450/3 | €46,159 | €63,012 | +€16,853 | +36.5% |
| Remuneration and social security | 454/9 | €29,976 | €27,055 | -€2,921 | -9.7% |
| Other amounts payable | 47/48 | €1,150 | €1,096 | -€54 | -4.7% |
| Remuneration, social security and pensions | 62 | €229,584 | €204,151 | -€25,433 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,564 | €42,759 | +€3,195 | +8.1% |
| Other operating charges | 640/8 | €3,514 | €4,423 | +€909 | +25.9% |
| Non-recurring operating charges | 66A | - | €1,071 | +€1,071 | |
| Gross operating margin | 9900 | €450,157 | €303,899 | -€146,258 | -32.5% |
| Operating profit (loss) | 9901 | €177,495 | €51,495 | -€126,001 | -71.0% |
| Financial income | 75/76B | €2,111 | €4,182 | +€2,072 | +98.1% |
| Recurring financial income | 75 | €2,111 | €4,182 | +€2,072 | +98.1% |
| Financial charges | 65/66B | €105 | €78 | -€26 | -25.1% |
| Recurring financial charges | 65 | €105 | €78 | -€26 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €179,501 | €55,599 | -€123,903 | -69.0% |
| Income taxes | 67/77 | €46,159 | €16,853 | -€29,307 | -63.5% |
| Profit (loss) for the period | 9904 | €133,342 | €38,746 | -€94,596 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €133,342 | €38,746 | -€94,596 | -70.9% |
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 25 October 2026 via checked.be.