MKR5: 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.
MKR5
Largest movements
- Receivables within one year +€22,608
up €22,608 (+471.6%), from €4,794 to €27,402
of which Trade receivables: +€21,419
- Cash -€6,288
down €6,288 (-50.7%), from €12,401 to €6,114
mainly Receivables within one year (-€22,608) and Tax, wage and social debts (-€3,221)
- Tangible fixed assets -€2,500
down €2,500 (-11.1%), from €22,500 to €20,000
- Trade debts +€16,956
up €16,956 (+136.7%), from €12,402 to €29,358
- Tax, wage and social debts -€3,221
down €3,221 (-46.0%), from €7,008 to €3,787
of which Remuneration and social security: -€5,630
- Gross operating margin +€38,636
up €38,636, from -€3,185 to €35,451
- Staff costs +€18,173
up €18,173 (+126.8%), from €14,331 to €32,505
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.
Cash bridge derived
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 | €42,495 | €56,315 | +€13,820 | +32.5% |
| Fixed assets | 21/28 | €22,500 | €20,000 | -€2,500 | -11.1% |
| Tangible fixed assets | 22/27 | €22,500 | €20,000 | -€2,500 | -11.1% |
| Furniture and vehicles | 24 | €22,500 | €20,000 | -€2,500 | -11.1% |
| Current assets | 29/58 | €19,995 | €36,315 | +€16,320 | +81.6% |
| Stocks and contracts in progress | 3 | €2,800 | €2,800 | = | 0.0% |
| Stocks | 30/36 | €2,800 | €2,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,794 | €27,402 | +€22,608 | +471.6% |
| Trade receivables | 40 | - | €21,419 | +€21,419 | |
| Other amounts receivable | 41 | €4,794 | €5,983 | +€1,189 | +24.8% |
| Cash at bank and in hand | 54/58 | €12,401 | €6,114 | -€6,288 | -50.7% |
| Total equity and liabilities | 10/49 | €42,495 | €56,315 | +€13,820 | +32.5% |
| Equity | 10/15 | -€10,236 | -€10,082 | +€155 | +1.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,236 | -€20,082 | +€155 | +0.8% |
| Amounts payable | 17/49 | €52,732 | €66,397 | +€13,665 | +25.9% |
| Amounts payable within one year | 42/48 | €52,732 | €66,397 | +€13,665 | +25.9% |
| Trade debts | 44 | €12,402 | €29,358 | +€16,956 | +136.7% |
| Suppliers | 440/4 | €12,402 | €29,358 | +€16,956 | +136.7% |
| Taxes, remuneration and social security | 45 | €7,008 | €3,787 | -€3,221 | -46.0% |
| Taxes | 450/3 | €849 | €3,259 | +€2,409 | +283.7% |
| Remuneration and social security | 454/9 | €6,158 | €528 | -€5,630 | -91.4% |
| Other amounts payable | 47/48 | €33,322 | €33,252 | -€69 | -0.2% |
| Remuneration, social security and pensions | 62 | €14,331 | €32,505 | +€18,173 | +126.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €2,500 | = | 0.0% |
| Other operating charges | 640/8 | €220 | €346 | +€126 | +57.1% |
| Gross operating margin | 9900 | -€3,185 | €35,451 | +€38,636 | |
| Operating profit (loss) | 9901 | -€20,236 | €100 | +€20,337 | |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | - | €13 | +€13 | |
| Recurring financial charges | 65 | - | €13 | +€13 | |
| Profit (loss) for the period before taxes | 9903 | -€20,236 | €155 | +€20,391 | |
| Profit (loss) for the period | 9904 | -€20,236 | €155 | +€20,391 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,236 | €155 | +€20,391 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.