MKFactoring: what changed
MKFactoring
Largest movements
- Cash -€67,873
down €67,873 (-68.1%), from €99,647 to €31,774
mainly Other debts (-€30,664) and Current investments (-€20,000)
- Current investments +€20,000
new in 2025: €20,000
- Tangible fixed assets -€13,910
down €13,910 (-23.6%), from €59,023 to €45,113
of which Furniture and vehicles: -€13,616
- Other debts -€30,664
down €30,664 (-90.0%), from €34,081 to €3,417
- Tax, wage and social debts -€15,804
down €15,804 (-55.4%), from €28,501 to €12,697
- Debts after one year -€12,934
down €12,934 (-60.9%), from €21,235 to €8,301
- Profit (loss) carried forward -€4,470
new in 2025: -€4,470
- Trade debts +€3,580
up €3,580 (+43.4%), from €8,244 to €11,824
- Gross operating margin -€29,781
down €29,781 (-60.7%), from €49,038 to €19,258
- Other operating charges -€7,159
down €7,159 (-61.8%), from €11,581 to €4,421
- Depreciation -€4,622
down €4,622 (-24.9%), from €18,532 to €13,910
- Taxes -€2,227
down €2,227 (-37.0%), from €6,023 to €3,797
- Financial charges -€800
down €800 (-32.9%), from €2,433 to €1,633
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,930 | €97,887 | -€62,043 | -38.8% |
| Fixed assets | 21/28 | €59,023 | €45,113 | -€13,910 | -23.6% |
| Tangible fixed assets | 22/27 | €59,023 | €45,113 | -€13,910 | -23.6% |
| Land and buildings | 22 | €1,584 | €1,289 | -€294 | -18.6% |
| Furniture and vehicles | 24 | €57,440 | €43,824 | -€13,616 | -23.7% |
| Current assets | 29/58 | €100,907 | €52,774 | -€48,133 | -47.7% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €260 | - | -€260 | |
| Trade receivables | 40 | €260 | - | -€260 | |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €99,647 | €31,774 | -€67,873 | -68.1% |
| Total equity and liabilities | 10/49 | €159,930 | €97,887 | -€62,043 | -38.8% |
| Equity | 10/15 | €53,184 | €48,714 | -€4,470 | -8.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €51,184 | €51,184 | = | 0.0% |
| Distributable reserves | 133 | €51,184 | €51,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,470 | -€4,470 | |
| Amounts payable | 17/49 | €106,746 | €49,173 | -€57,573 | -53.9% |
| Amounts payable after more than one year | 17 | €21,235 | €8,301 | -€12,934 | -60.9% |
| Financial debts | 170/4 | €21,235 | €8,301 | -€12,934 | -60.9% |
| Amounts payable within one year | 42/48 | €85,512 | €40,872 | -€44,639 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €14,685 | €12,934 | -€1,752 | -11.9% |
| Trade debts | 44 | €8,244 | €11,824 | +€3,580 | +43.4% |
| Suppliers | 440/4 | €8,244 | €11,824 | +€3,580 | +43.4% |
| Taxes, remuneration and social security | 45 | €28,501 | €12,697 | -€15,804 | -55.4% |
| Taxes | 450/3 | €28,501 | €12,697 | -€15,804 | -55.4% |
| Other amounts payable | 47/48 | €34,081 | €3,417 | -€30,664 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,532 | €13,910 | -€4,622 | -24.9% |
| Other operating charges | 640/8 | €11,581 | €4,421 | -€7,159 | -61.8% |
| Gross operating margin | 9900 | €49,038 | €19,258 | -€29,781 | -60.7% |
| Operating profit (loss) | 9901 | €18,925 | €926 | -€18,000 | -95.1% |
| Financial income | 75/76B | €12 | €34 | +€22 | +191% |
| Recurring financial income | 75 | €12 | €34 | +€22 | +191% |
| Financial charges | 65/66B | €2,433 | €1,633 | -€800 | -32.9% |
| Recurring financial charges | 65 | €2,433 | €1,633 | -€800 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €16,504 | -€673 | -€17,178 | |
| Income taxes | 67/77 | €6,023 | €3,797 | -€2,227 | -37.0% |
| Profit (loss) for the period | 9904 | €10,481 | -€4,470 | -€14,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,481 | -€4,470 | -€14,951 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.