MKLS: 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.
MKLS
Largest movements
- Cash +€107,039
up €107,039 (+38.6%), from €277,329 to €384,367
mainly Other debts (+€410,984) and Net result for the year (+€97,950)
- Receivables within one year -€17,041
down €17,041 (-20.4%), from €83,395 to €66,354
of which Trade receivables: -€48,825
- Other debts +€410,984
new in 2025: €410,984
- Profit (loss) carried forward -€313,034
no longer reported in 2025 (was €313,034)
- Tax, wage and social debts -€5,049
down €5,049 (-11.2%), from €45,099 to €40,050
of which Taxes: -€5,118
- Gross operating margin -€50,815
down €50,815 (-27.5%), from €184,596 to €133,782
- Taxes -€7,600
down €7,600 (-18.4%), from €41,289 to €33,689
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 | €363,820 | €453,562 | +€89,743 | +24.7% |
| Fixed assets | 21/28 | €3,096 | €2,842 | -€255 | -8.2% |
| Tangible fixed assets | 22/27 | €3,096 | €2,842 | -€255 | -8.2% |
| Furniture and vehicles | 24 | €3,096 | €1,946 | -€1,150 | -37.2% |
| Other tangible fixed assets | 26 | - | €896 | +€896 | |
| Current assets | 29/58 | €360,723 | €450,721 | +€89,997 | +24.9% |
| Amounts receivable within one year | 40/41 | €83,395 | €66,354 | -€17,041 | -20.4% |
| Trade receivables | 40 | €81,225 | €32,400 | -€48,825 | -60.1% |
| Other amounts receivable | 41 | €2,170 | €33,954 | +€31,784 | +1464.6% |
| Cash at bank and in hand | 54/58 | €277,329 | €384,367 | +€107,039 | +38.6% |
| Total equity and liabilities | 10/49 | €363,820 | €453,562 | +€89,743 | +24.7% |
| Equity | 10/15 | €315,534 | €2,500 | -€313,034 | -99.2% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €313,034 | - | -€313,034 | |
| Amounts payable | 17/49 | €48,285 | €451,062 | +€402,777 | +834.2% |
| Amounts payable within one year | 42/48 | €48,285 | €451,062 | +€402,777 | +834.2% |
| Trade debts | 44 | €3,067 | €29 | -€3,038 | -99.0% |
| Suppliers | 440/4 | €3,067 | €29 | -€3,038 | -99.0% |
| Advances received on contracts in progress | 46 | €120 | - | -€120 | |
| Taxes, remuneration and social security | 45 | €45,099 | €40,050 | -€5,049 | -11.2% |
| Taxes | 450/3 | €41,289 | €36,171 | -€5,118 | -12.4% |
| Remuneration and social security | 454/9 | €3,809 | €3,878 | +€69 | +1.8% |
| Other amounts payable | 47/48 | - | €410,984 | +€410,984 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €780 | €1,527 | +€747 | +95.8% |
| Other operating charges | 640/8 | €309 | €544 | +€235 | +76.1% |
| Gross operating margin | 9900 | €184,596 | €133,782 | -€50,815 | -27.5% |
| Operating profit (loss) | 9901 | €183,508 | €131,711 | -€51,797 | -28.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €72 | €72 | = | 0.0% |
| Recurring financial charges | 65 | €72 | €72 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €183,436 | €131,639 | -€51,797 | -28.2% |
| Income taxes | 67/77 | €41,289 | €33,689 | -€7,600 | -18.4% |
| Profit (loss) for the period | 9904 | €142,146 | €97,950 | -€44,197 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €142,146 | €97,950 | -€44,197 | -31.1% |
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 5 October 2026 via checked.be.