MKA HASSELT: 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.
MKA HASSELT
Largest movements
- Current investments -€600,000
no longer reported in 2025 (was €600,000)
- Cash +€315,268
up €315,268 (+280%), from €112,544 to €427,811
mainly Current investments (+€600,000) and Other debts (+€119,250)
- Receivables within one year +€164,916
up €164,916 (+24.2%), from €680,484 to €845,400
of which Other amounts receivable: +€119,303
- Stocks and contracts +€152,611
up €152,611 (+45.7%), from €334,247 to €486,858
- Deferred charges and accrued income +€117,357
up €117,357 (+1,055%), from €11,123 to €128,479
- Other debts +€119,250
up €119,250 (+7.4%), from €1.6m to €1.7m
- Trade debts +€37,358
up €37,358 (+18.2%), from €205,360 to €242,718
- Tax, wage and social debts +€21,473
up €21,473 (+1,463%), from €1,467 to €22,940
of which Remuneration and social security: +€18,805
- Gross operating margin +€27,099
up €27,099 (+5.7%), from €472,660 to €499,760
- Staff costs +€22,329
up €22,329 (+5.2%), from €433,297 to €455,625
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 | €1,833,738 | €2,011,838 | +€178,101 | +9.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €95,340 | €123,290 | +€27,949 | +29.3% |
| Intangible fixed assets | 21 | €4,366 | €1,030 | -€3,336 | -76.4% |
| Tangible fixed assets | 22/27 | €90,974 | €122,260 | +€31,286 | +34.4% |
| Plant, machinery and equipment | 23 | €85,441 | €115,774 | +€30,333 | +35.5% |
| Furniture and vehicles | 24 | €5,533 | €6,486 | +€953 | +17.2% |
| Current assets | 29/58 | €1,738,397 | €1,888,548 | +€150,151 | +8.6% |
| Stocks and contracts in progress | 3 | €334,247 | €486,858 | +€152,611 | +45.7% |
| Stocks | 30/36 | €334,247 | €486,858 | +€152,611 | +45.7% |
| Amounts receivable within one year | 40/41 | €680,484 | €845,400 | +€164,916 | +24.2% |
| Trade receivables | 40 | €680,484 | €726,097 | +€45,613 | +6.7% |
| Other amounts receivable | 41 | - | €119,303 | +€119,303 | |
| Current investments | 50/53 | €600,000 | - | -€600,000 | |
| Cash at bank and in hand | 54/58 | €112,544 | €427,811 | +€315,268 | +280% |
| Deferred charges and accrued income | 490/1 | €11,123 | €128,479 | +€117,357 | +1,055% |
| Total equity and liabilities | 10/49 | €1,833,738 | €2,011,838 | +€178,101 | +9.7% |
| Equity | 10/15 | €16,405 | €16,422 | +€17 | +0.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €4,405 | €4,422 | +€17 | +0.4% |
| Distributable reserves | 133 | €4,405 | €4,422 | +€17 | +0.4% |
| Amounts payable | 17/49 | €1,817,332 | €1,995,416 | +€178,084 | +9.8% |
| Amounts payable within one year | 42/48 | €1,816,181 | €1,994,261 | +€178,081 | +9.8% |
| Trade debts | 44 | €205,360 | €242,718 | +€37,358 | +18.2% |
| Suppliers | 440/4 | €205,360 | €242,718 | +€37,358 | +18.2% |
| Taxes, remuneration and social security | 45 | €1,467 | €22,940 | +€21,473 | +1,463% |
| Taxes | 450/3 | €1,196 | €3,864 | +€2,668 | +223% |
| Remuneration and social security | 454/9 | €271 | €19,076 | +€18,805 | +6,936% |
| Other amounts payable | 47/48 | €1,609,354 | €1,728,604 | +€119,250 | +7.4% |
| Accrued charges and deferred income | 492/3 | €1,152 | €1,155 | +€3 | +0.3% |
| Remuneration, social security and pensions | 62 | €433,297 | €455,625 | +€22,329 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,289 | €41,421 | +€4,132 | +11.1% |
| Other operating charges | 640/8 | €1,174 | €2,794 | +€1,621 | +138% |
| Gross operating margin | 9900 | €472,660 | €499,760 | +€27,099 | +5.7% |
| Operating profit (loss) | 9901 | €901 | -€81 | -€982 | |
| Financial income | 75/76B | €11,232 | €7,420 | -€3,812 | -33.9% |
| Recurring financial income | 75 | €11,232 | €7,420 | -€3,812 | -33.9% |
| Financial charges | 65/66B | €4,193 | €4,167 | -€26 | -0.6% |
| Recurring financial charges | 65 | €4,193 | €4,167 | -€26 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €7,940 | €3,172 | -€4,768 | -60.1% |
| Income taxes | 67/77 | €4,430 | €3,155 | -€1,274 | -28.8% |
| Profit (loss) for the period | 9904 | €3,510 | €17 | -€3,494 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,510 | €17 | -€3,494 | -99.5% |
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 29 October 2026 via checked.be.