MKS: 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.
MKS
Largest movements
- Cash -€7,915
down €7,915 (-64.9%), from €12,191 to €4,275
mainly Net result for the year (-€20,893) and Investment in fixed assets (net) (-€5,240)
- Intangible fixed assets -€4,150
down €4,150 (-33.3%), from €12,450 to €8,300
- Stocks and contracts -€3,900
down €3,900 (-24.3%), from €16,050 to €12,150
- Tangible fixed assets +€3,424
up €3,424 (+88.4%), from €3,874 to €7,298
of which Plant, machinery and equipment: +€2,347
- Receivables within one year -€2,203
down €2,203 (-91.9%), from €2,397 to €194
- Profit (loss) carried forward -€20,893
down €20,893 (-2,344%), from -€891 to -€21,784
- Tax, wage and social debts +€7,388
up €7,388 (+59.1%), from €12,493 to €19,882
of which Remuneration and social security: +€7,149
- Other debts -€2,869
down €2,869 (-96.4%), from €2,977 to €107
- Trade debts +€1,630
up €1,630 (+11.8%), from €13,782 to €15,412
- Turnover -€46,574
down €46,574 (-14.8%), from €315,564 to €268,990
- Gross operating margin -€28,060
down €28,060 (-53.6%), from €52,345 to €24,285
- Purchases and services -€18,513
down €18,513 (-7.0%), from €265,664 to €247,150
- Taxes -€6,200
down €6,200 (-97.8%), from €6,341 to €141
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.
Derived cash bridge
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 | €46,961 | €32,216 | -€14,745 | -31.4% |
| Fixed assets | 21/28 | €16,324 | €15,598 | -€726 | -4.4% |
| Intangible fixed assets | 21 | €12,450 | €8,300 | -€4,150 | -33.3% |
| Tangible fixed assets | 22/27 | €3,874 | €7,298 | +€3,424 | +88.4% |
| Plant, machinery and equipment | 23 | €1,687 | €4,034 | +€2,347 | +139% |
| Other tangible fixed assets | 26 | €2,187 | €3,264 | +€1,077 | +49.2% |
| Current assets | 29/58 | €30,637 | €16,619 | -€14,019 | -45.8% |
| Stocks and contracts in progress | 3 | €16,050 | €12,150 | -€3,900 | -24.3% |
| Stocks | 30/36 | €16,050 | €12,150 | -€3,900 | -24.3% |
| Amounts receivable within one year | 40/41 | €2,397 | €194 | -€2,203 | -91.9% |
| Other amounts receivable | 41 | €2,397 | €194 | -€2,203 | -91.9% |
| Cash at bank and in hand | 54/58 | €12,191 | €4,275 | -€7,915 | -64.9% |
| Total equity and liabilities | 10/49 | €46,961 | €32,216 | -€14,745 | -31.4% |
| Equity | 10/15 | €17,709 | -€3,184 | -€20,893 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€891 | -€21,784 | -€20,893 | -2,344% |
| Amounts payable | 17/49 | €29,252 | €35,401 | +€6,149 | +21.0% |
| Amounts payable within one year | 42/48 | €29,252 | €35,401 | +€6,149 | +21.0% |
| Trade debts | 44 | €13,782 | €15,412 | +€1,630 | +11.8% |
| Suppliers | 440/4 | €13,782 | €15,412 | +€1,630 | +11.8% |
| Taxes, remuneration and social security | 45 | €12,493 | €19,882 | +€7,388 | +59.1% |
| Taxes | 450/3 | €3,767 | €4,007 | +€239 | +6.4% |
| Remuneration and social security | 454/9 | €8,726 | €15,875 | +€7,149 | +81.9% |
| Other amounts payable | 47/48 | €2,977 | €107 | -€2,869 | -96.4% |
| Turnover | 70 | €315,564 | €268,990 | -€46,574 | -14.8% |
| Non-recurring operating income | 76A | €2,445 | €2,445 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €265,664 | €247,150 | -€18,513 | -7.0% |
| Remuneration, social security and pensions | 62 | €37,609 | €35,159 | -€2,449 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,219 | €5,966 | +€748 | +14.3% |
| Other operating charges | 640/8 | €1,929 | €2,826 | +€897 | +46.5% |
| Gross operating margin | 9900 | €52,345 | €24,285 | -€28,060 | -53.6% |
| Operating profit (loss) | 9901 | €7,589 | -€19,667 | -€27,256 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.3% |
| Financial charges | 65/66B | €1,177 | €1,085 | -€92 | -7.8% |
| Recurring financial charges | 65 | €1,177 | €1,085 | -€92 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €6,412 | -€20,752 | -€27,164 | |
| Income taxes | 67/77 | €6,341 | €141 | -€6,200 | -97.8% |
| Profit (loss) for the period | 9904 | €71 | -€20,893 | -€20,964 | |
| Profit (loss) for the period to be appropriated | 9905 | €71 | -€20,893 | -€20,964 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.