MKM Solutions: 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.
MKM Solutions
Largest movements
- Receivables within one year +€99,264
up €99,264 (+154.1%), from €64,424 to €163,687
of which Trade receivables: +€86,511
- Tangible fixed assets +€23,800
up €23,800 (+59.6%), from €39,961 to €63,761
of which Plant, machinery and equipment: +€25,250
- Stocks and contracts +€19,800
new in 2025: €19,800
- Deferred charges and accrued income +€15,142
up €15,142 (+55.2%), from €27,457 to €42,599
- Financial fixed assets +€7,200
new in 2025: €7,200
- Trade debts +€78,341
up €78,341 (+805.5%), from €9,725 to €88,066
- Reserves +€45,000
up €45,000 (+90.0%), from €50,000 to €95,000
- Short-term financial debts +€14,360
new in 2025: €14,360
- Debts after one year +€11,434
up €11,434 (+29.5%), from €38,803 to €50,238
- Current portion of long-term debt +€10,020
new in 2025: €10,020
- Gross operating margin +€27,188
up €27,188 (+40.7%), from €66,870 to €94,058
- Staff costs +€26,065
new in 2025: €26,065
- Depreciation +€5,435
up €5,435 (+710.0%), from €765 to €6,200
- Other operating charges +€5,085
up €5,085 (+2104.3%), from €242 to €5,326
- Financial charges +€2,486
up €2,486 (+390.7%), from €636 to €3,122
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 | €132,307 | €297,048 | +€164,741 | +124.5% |
| Fixed assets | 21/28 | €39,961 | €70,961 | +€31,000 | +77.6% |
| Tangible fixed assets | 22/27 | €39,961 | €63,761 | +€23,800 | +59.6% |
| Plant, machinery and equipment | 23 | €32,777 | €58,027 | +€25,250 | +77.0% |
| Furniture and vehicles | 24 | €7,185 | €5,735 | -€1,450 | -20.2% |
| Financial fixed assets | 28 | - | €7,200 | +€7,200 | |
| Current assets | 29/58 | €92,345 | €226,087 | +€133,741 | +144.8% |
| Stocks and contracts in progress | 3 | - | €19,800 | +€19,800 | |
| Stocks | 30/36 | - | €19,800 | +€19,800 | |
| Amounts receivable within one year | 40/41 | €64,424 | €163,687 | +€99,264 | +154.1% |
| Trade receivables | 40 | €53,599 | €140,111 | +€86,511 | +161.4% |
| Other amounts receivable | 41 | €10,824 | €23,577 | +€12,752 | +117.8% |
| Cash at bank and in hand | 54/58 | €465 | - | -€465 | |
| Deferred charges and accrued income | 490/1 | €27,457 | €42,599 | +€15,142 | +55.2% |
| Total equity and liabilities | 10/49 | €132,307 | €297,048 | +€164,741 | +124.5% |
| Equity | 10/15 | €63,256 | €102,354 | +€39,097 | +61.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €95,000 | +€45,000 | +90.0% |
| Distributable reserves | 133 | €50,000 | €95,000 | +€45,000 | +90.0% |
| Profit (loss) carried forward | 14 | €9,256 | €3,354 | -€5,903 | -63.8% |
| Amounts payable | 17/49 | €69,050 | €194,694 | +€125,644 | +182.0% |
| Amounts payable after more than one year | 17 | €38,803 | €50,238 | +€11,434 | +29.5% |
| Financial debts | 170/4 | €38,803 | €50,238 | +€11,434 | +29.5% |
| Amounts payable within one year | 42/48 | €30,247 | €142,312 | +€112,065 | +370.5% |
| Current portion of amounts payable after more than one year | 42 | - | €10,020 | +€10,020 | |
| Financial debts | 43 | - | €14,360 | +€14,360 | |
| Credit institutions | 430/8 | - | €14,360 | +€14,360 | |
| Trade debts | 44 | €9,725 | €88,066 | +€78,341 | +805.5% |
| Suppliers | 440/4 | €9,725 | €88,066 | +€78,341 | +805.5% |
| Taxes, remuneration and social security | 45 | €15,352 | €16,970 | +€1,618 | +10.5% |
| Taxes | 450/3 | €15,352 | €14,319 | -€1,033 | -6.7% |
| Remuneration and social security | 454/9 | - | €2,651 | +€2,651 | |
| Other amounts payable | 47/48 | €5,170 | €12,895 | +€7,726 | +149.4% |
| Accrued charges and deferred income | 492/3 | - | €2,144 | +€2,144 | |
| Remuneration, social security and pensions | 62 | - | €26,065 | +€26,065 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €765 | €6,200 | +€5,435 | +710.0% |
| Other operating charges | 640/8 | €242 | €5,326 | +€5,085 | +2104.3% |
| Gross operating margin | 9900 | €66,870 | €94,058 | +€27,188 | +40.7% |
| Operating profit (loss) | 9901 | €65,863 | €56,467 | -€9,396 | -14.3% |
| Financial income | 75/76B | €63 | €72 | +€9 | +14.4% |
| Recurring financial income | 75 | €63 | €72 | +€9 | +14.4% |
| Financial charges | 65/66B | €636 | €3,122 | +€2,486 | +390.7% |
| Recurring financial charges | 65 | €636 | €3,122 | +€2,486 | +390.7% |
| Profit (loss) for the period before taxes | 9903 | €65,290 | €53,417 | -€11,873 | -18.2% |
| Income taxes | 67/77 | €13,462 | €14,319 | +€857 | +6.4% |
| Profit (loss) for the period | 9904 | €51,827 | €39,097 | -€12,730 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,827 | €39,097 | -€12,730 | -24.6% |
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 3 October 2026 via checked.be.