MKE CONCEPT: 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.
MKE CONCEPT
Largest movements
- Stocks and contracts -€3,875
down €3,875 (-61.0%), from €6,354 to €2,479
- Profit (loss) carried forward -€5,027
down €5,027 (-87.8%), from €5,727 to €701
- Other debts +€1,091
up €1,091 (+998.0%), from €109 to €1,201
- Gross operating margin -€4,079
down €4,079 (-837.1%), from -€487 to -€4,567
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 | €26,297 | €22,361 | -€3,935 | -15.0% |
| Current assets | 29/58 | €26,297 | €22,361 | -€3,935 | -15.0% |
| Stocks and contracts in progress | 3 | €6,354 | €2,479 | -€3,875 | -61.0% |
| Contracts in progress | 37 | €6,354 | €2,479 | -€3,875 | -61.0% |
| Amounts receivable within one year | 40/41 | €2,986 | €2,986 | = | 0.0% |
| Trade receivables | 40 | €2,986 | €2,986 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,956 | €16,896 | -€60 | -0.4% |
| Total equity and liabilities | 10/49 | €26,297 | €22,361 | -€3,935 | -15.0% |
| Equity | 10/15 | €26,187 | €21,161 | -€5,027 | -19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,727 | €701 | -€5,027 | -87.8% |
| Amounts payable | 17/49 | €109 | €1,201 | +€1,091 | +998.0% |
| Amounts payable within one year | 42/48 | €109 | €1,201 | +€1,091 | +998.0% |
| Other amounts payable | 47/48 | €109 | €1,201 | +€1,091 | +998.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€487 | -€4,567 | -€4,079 | -837.1% |
| Operating profit (loss) | 9901 | -€875 | -€4,966 | -€4,092 | -467.8% |
| Financial charges | 65/66B | €47 | €60 | +€13 | +28.8% |
| Recurring financial charges | 65 | €47 | €60 | +€13 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | -€921 | -€5,027 | -€4,105 | -445.5% |
| Profit (loss) for the period | 9904 | -€921 | -€5,027 | -€4,105 | -445.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€921 | -€5,027 | -€4,105 | -445.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.