MKHT: 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.
MKHT
Largest movements
- Receivables within one year +€78,677
up €78,677 (+255.0%), from €30,849 to €109,526
- Cash +€22,552
up €22,552 (+55.1%), from €40,901 to €63,453
mainly Net result for the year (+€92,238) and Tax, wage and social debts (+€8,278)
- Deferred charges and accrued income -€3,721
down €3,721 (-20.6%), from €18,030 to €14,309
- Tangible fixed assets +€3,613
new in 2024: €3,613
- Profit (loss) carried forward +€92,238
up €92,238 (+140.5%), from €65,673 to €157,911
- Tax, wage and social debts +€8,278
up €8,278 (+46.5%), from €17,805 to €26,083
- Gross operating margin +€33,204
up €33,204 (+40.2%), from €82,680 to €115,884
- Taxes +€8,067
up €8,067 (+45.3%), from €17,805 to €25,872
- Financial income +€2,378
up €2,378 (+291.6%), from €815 to €3,193
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,781 | €190,901 | +€101,121 | +112.6% |
| Fixed assets | 21/28 | - | €3,613 | +€3,613 | |
| Tangible fixed assets | 22/27 | - | €3,613 | +€3,613 | |
| Furniture and vehicles | 24 | - | €3,613 | +€3,613 | |
| Current assets | 29/58 | €89,781 | €187,288 | +€97,508 | +108.6% |
| Amounts receivable within one year | 40/41 | €30,849 | €109,526 | +€78,677 | +255.0% |
| Other amounts receivable | 41 | €30,849 | €109,526 | +€78,677 | +255.0% |
| Cash at bank and in hand | 54/58 | €40,901 | €63,453 | +€22,552 | +55.1% |
| Deferred charges and accrued income | 490/1 | €18,030 | €14,309 | -€3,721 | -20.6% |
| Total equity and liabilities | 10/49 | €89,781 | €190,901 | +€101,121 | +112.6% |
| Equity | 10/15 | €71,673 | €163,911 | +€92,238 | +128.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,673 | €157,911 | +€92,238 | +140.5% |
| Amounts payable | 17/49 | €18,108 | €26,991 | +€8,883 | +49.1% |
| Amounts payable within one year | 42/48 | €18,108 | €26,991 | +€8,883 | +49.1% |
| Trade debts | 44 | €303 | €908 | +€605 | +200.0% |
| Suppliers | 440/4 | €303 | €908 | +€605 | +200.0% |
| Taxes, remuneration and social security | 45 | €17,805 | €26,083 | +€8,278 | +46.5% |
| Taxes | 450/3 | €17,805 | €26,083 | +€8,278 | +46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €844 | +€844 | |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Gross operating margin | 9900 | €82,680 | €115,884 | +€33,204 | +40.2% |
| Operating profit (loss) | 9901 | €82,680 | €114,977 | +€32,297 | +39.1% |
| Financial income | 75/76B | €815 | €3,193 | +€2,378 | +291.6% |
| Recurring financial income | 75 | €815 | €3,193 | +€2,378 | +291.6% |
| Financial charges | 65/66B | €18 | €60 | +€42 | +242.6% |
| Recurring financial charges | 65 | €18 | €60 | +€42 | +242.6% |
| Profit (loss) for the period before taxes | 9903 | €83,478 | €118,110 | +€34,632 | +41.5% |
| Income taxes | 67/77 | €17,805 | €25,872 | +€8,067 | +45.3% |
| Profit (loss) for the period | 9904 | €65,673 | €92,238 | +€26,565 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,673 | €92,238 | +€26,565 | +40.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.