MKMS Invest: what changed
What changed
MKMS Invest
NACE 69.209, Other tax advisory services
filed annual accounts (NBB)
Net result for the year
-€25,780
2024 · -€2,412-€23,368
Equity
-€19,325
2024 · €6,455-€25,780
Cash
€3,303
2024 · €287+€3,017
Balance sheet total
€921,445
2024 · €667,328+€254,117
Largest movements
Assets
- Tangible fixed assets +€242,537
up €242,537 (+36.4%), from €667,042 to €909,579
Equity and liabilities
- Debts after one year +€231,306
up €231,306 (+38.7%), from €598,210 to €829,516
- Profit (loss) carried forward -€25,780
down €25,780 (-1,323%), from -€1,949 to -€27,728
- Other debts +€23,500
up €23,500 (+86.9%), from €27,032 to €50,532
- Current portion of long-term debt +€19,741
up €19,741 (+60.6%), from €32,576 to €52,317
Income statement
- Depreciation +€30,016
up €30,016 (+56.6%), from €53,057 to €83,072
- Gross operating margin +€20,567
up €20,567 (+36.0%), from €57,142 to €77,709
- Financial charges +€12,522
up €12,522 (+223%), from €5,615 to €18,137
- Other operating charges +€1,397
up €1,397 (+158%), from €882 to €2,279
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€2,412
Gross operating margin
+€20,567
Depreciation
-€30,016
Other operating charges
-€1,397
Financial charges
-€12,522
Result 2025
-€25,780
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€77,579
Investment
-€325,610
Financing
+€251,047
Cash 2024
€287
From operations (derived)
+€77,579
Net result for the year
-€25,780
Depreciation
+€83,072
Receivables within one year
-€8,343
Deferred charges and accrued income
-€220
Trade debts
+€4,496
Tax, wage and social debts
-€2,263
Other debts
+€23,500
Accrued charges and deferred income
+€3,117
Investment (derived)
-€325,610
Investment in fixed assets (net)
-€325,610
Financing
+€251,047
Debts after one year
+€231,306
Current portion of long-term debt
+€19,741
Cash 2025
€3,303
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €667,328 | €921,445 | +€254,117 | +38.1% |
| Fixed assets | 21/28 | €667,042 | €909,579 | +€242,537 | +36.4% |
| Tangible fixed assets | 22/27 | €667,042 | €909,579 | +€242,537 | +36.4% |
| Land and buildings | 22 | €667,042 | €909,579 | +€242,537 | +36.4% |
| Current assets | 29/58 | €287 | €11,867 | +€11,580 | +4,041% |
| Amounts receivable within one year | 40/41 | - | €8,343 | +€8,343 | |
| Trade receivables | 40 | - | €3,343 | +€3,343 | |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €287 | €3,303 | +€3,017 | +1,053% |
| Deferred charges and accrued income | 490/1 | - | €220 | +€220 | |
| Total equity and liabilities | 10/49 | €667,328 | €921,445 | +€254,117 | +38.1% |
| Equity | 10/15 | €6,455 | -€19,325 | -€25,780 | |
| Contributions | 10/11 | €8,404 | €8,404 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,949 | -€27,728 | -€25,780 | -1,323% |
| Amounts payable | 17/49 | €660,873 | €940,770 | +€279,897 | +42.4% |
| Amounts payable after more than one year | 17 | €598,210 | €829,516 | +€231,306 | +38.7% |
| Financial debts | 170/4 | €598,210 | €829,516 | +€231,306 | +38.7% |
| Amounts payable within one year | 42/48 | €62,663 | €108,137 | +€45,474 | +72.6% |
| Current portion of amounts payable after more than one year | 42 | €32,576 | €52,317 | +€19,741 | +60.6% |
| Trade debts | 44 | €792 | €5,288 | +€4,496 | +568% |
| Suppliers | 440/4 | €792 | €5,288 | +€4,496 | +568% |
| Taxes, remuneration and social security | 45 | €2,263 | - | -€2,263 | |
| Taxes | 450/3 | €2,263 | - | -€2,263 | |
| Other amounts payable | 47/48 | €27,032 | €50,532 | +€23,500 | +86.9% |
| Accrued charges and deferred income | 492/3 | - | €3,117 | +€3,117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,057 | €83,072 | +€30,016 | +56.6% |
| Other operating charges | 640/8 | €882 | €2,279 | +€1,397 | +158% |
| Gross operating margin | 9900 | €57,142 | €77,709 | +€20,567 | +36.0% |
| Operating profit (loss) | 9901 | €3,203 | -€7,643 | -€10,846 | |
| Financial charges | 65/66B | €5,615 | €18,137 | +€12,522 | +223% |
| Recurring financial charges | 65 | €5,615 | €18,137 | +€12,522 | +223% |
| Profit (loss) for the period before taxes | 9903 | -€2,412 | -€25,780 | -€23,368 | -969% |
| Profit (loss) for the period | 9904 | -€2,412 | -€25,780 | -€23,368 | -969% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,412 | -€25,780 | -€23,368 | -969% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.