MKK-Belgium: 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.
MKK-Belgium
Largest movements
- Receivables within one year -€13,963
down €13,963 (-42.4%), from €32,893 to €18,930
of which Other amounts receivable: -€30,537
- Tangible fixed assets -€9,979
down €9,979 (-27.4%), from €36,389 to €26,410
- Cash +€1,597
up €1,597 (+451%), from €354 to €1,951
mainly Receivables within one year (+€13,963) and Depreciation (+€9,979)
- Profit (loss) carried forward -€21,850
down €21,850, from €14,996 to -€6,854
- Gross operating margin -€57,228
down €57,228 (-65.3%), from €87,596 to €30,369
- Taxes -€13,822
no longer reported in 2024 (was €13,822)
- Depreciation +€6,576
up €6,576 (+193%), from €3,403 to €9,979
- Staff costs +€2,292
up €2,292 (+5.9%), from €38,702 to €40,994
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.
Derived cash bridge
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 | €70,417 | €48,302 | -€22,115 | -31.4% |
| Fixed assets | 21/28 | €36,389 | €26,410 | -€9,979 | -27.4% |
| Tangible fixed assets | 22/27 | €36,389 | €26,410 | -€9,979 | -27.4% |
| Furniture and vehicles | 24 | €36,389 | €26,410 | -€9,979 | -27.4% |
| Current assets | 29/58 | €34,028 | €21,892 | -€12,136 | -35.7% |
| Amounts receivable within one year | 40/41 | €32,893 | €18,930 | -€13,963 | -42.4% |
| Trade receivables | 40 | - | €16,574 | +€16,574 | |
| Other amounts receivable | 41 | €32,893 | €2,356 | -€30,537 | -92.8% |
| Cash at bank and in hand | 54/58 | €354 | €1,951 | +€1,597 | +451% |
| Deferred charges and accrued income | 490/1 | €781 | €1,011 | +€230 | +29.4% |
| Total equity and liabilities | 10/49 | €70,417 | €48,302 | -€22,115 | -31.4% |
| Equity | 10/15 | €45,496 | €23,646 | -€21,850 | -48.0% |
| Contributions | 10/11 | €30,500 | €30,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,996 | -€6,854 | -€21,850 | |
| Amounts payable | 17/49 | €24,921 | €24,656 | -€265 | -1.1% |
| Amounts payable within one year | 42/48 | €24,921 | €24,656 | -€265 | -1.1% |
| Trade debts | 44 | €8,964 | €8,414 | -€550 | -6.1% |
| Suppliers | 440/4 | €8,964 | €8,414 | -€550 | -6.1% |
| Taxes, remuneration and social security | 45 | €15,957 | €16,242 | +€285 | +1.8% |
| Taxes | 450/3 | €5,000 | €3,135 | -€1,865 | -37.3% |
| Remuneration and social security | 454/9 | €10,957 | €13,107 | +€2,150 | +19.6% |
| Remuneration, social security and pensions | 62 | €38,702 | €40,994 | +€2,292 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,403 | €9,979 | +€6,576 | +193% |
| Other operating charges | 640/8 | €978 | €948 | -€29 | -3.0% |
| Non-recurring operating charges | 66A | €20,673 | - | -€20,673 | |
| Gross operating margin | 9900 | €87,596 | €30,369 | -€57,228 | -65.3% |
| Operating profit (loss) | 9901 | €23,841 | -€21,553 | -€45,394 | |
| Financial charges | 65/66B | €535 | €297 | -€238 | -44.4% |
| Recurring financial charges | 65 | €535 | €297 | -€238 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €23,307 | -€21,850 | -€45,157 | |
| Income taxes | 67/77 | €13,822 | - | -€13,822 | |
| Profit (loss) for the period | 9904 | €9,485 | -€21,850 | -€31,335 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,485 | -€21,850 | -€31,335 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.