MKL CONSTRUCT: 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.
MKL CONSTRUCT
Largest movements
- Current assets +€27,326
up €27,326 (+121%), from €22,631 to €49,956
of which Cash: +€33,652
- Tangible fixed assets +€17,439
new in 2021: €17,439
- Debts within one year +€23,894
up €23,894 (+263%), from €9,075 to €32,968
- Equity +€12,416
up €12,416 (+91.6%), from €13,556 to €25,972
of which Profit (loss) carried forward: +€12,416
- Debts after one year +€8,455
new in 2021: €8,455
- Turnover +€94,531
up €94,531 (+85.0%), from €111,190 to €205,721
- Gross operating margin +€11,180
up €11,180 (+137%), from €8,164 to €19,343
- Taxes +€2,362
up €2,362 (+192%), from €1,230 to €3,592
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,631 | €67,396 | +€44,765 | +198% |
| Fixed assets | 21/28 | - | €17,439 | +€17,439 | |
| Tangible fixed assets | 22/27 | - | €17,439 | +€17,439 | |
| Current assets | 29/58 | €22,631 | €49,956 | +€27,326 | +121% |
| Amounts receivable within one year | 40/41 | €22,313 | €15,835 | -€6,478 | -29.0% |
| Cash at bank and in hand | 54/58 | €317 | €33,969 | +€33,652 | +10,601% |
| Total equity and liabilities | 10/49 | €22,631 | €67,396 | +€44,765 | +198% |
| Equity | 10/15 | €13,556 | €25,972 | +€12,416 | +91.6% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,006 | €25,422 | +€12,416 | +95.5% |
| Amounts payable | 17/49 | €9,075 | €41,424 | +€32,349 | +356% |
| Amounts payable after more than one year | 17 | - | €8,455 | +€8,455 | |
| Amounts payable within one year | 42/48 | €9,075 | €32,968 | +€23,894 | +263% |
| Trade debts | 44 | €5,200 | €23,459 | +€18,259 | +351% |
| Turnover | 70 | €111,190 | €205,721 | +€94,531 | +85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,150 | €2,303 | +€153 | +7.1% |
| Gross operating margin | 9900 | €8,164 | €19,343 | +€11,180 | +137% |
| Operating profit (loss) | 9901 | €5,393 | €16,211 | +€10,818 | +201% |
| Recurring financial charges | 65 | €94 | €202 | +€108 | +115% |
| Profit (loss) for the period before taxes | 9903 | €5,299 | €16,009 | +€10,709 | +202% |
| Income taxes | 67/77 | €1,230 | €3,592 | +€2,362 | +192% |
| Profit (loss) for the period | 9904 | €4,069 | €12,416 | +€8,347 | +205% |
| Profit (loss) for the period to be appropriated | 9905 | €4,069 | €12,416 | +€8,347 | +205% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.