MKS KRC: 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 KRC
Largest movements
- Receivables within one year +€38,443
up €38,443 (+3,240%), from €1,186 to €39,629
of which Trade receivables: +€39,629
- Tangible fixed assets -€1,363
down €1,363 (-50.0%), from €2,727 to €1,363
- Cash -€660
down €660 (-3.0%), from €21,924 to €21,264
mainly Receivables within one year (-€38,443) and Other debts (-€614)
- Profit (loss) carried forward +€18,257
up €18,257 (+86.8%), from €21,030 to €39,287
- Tax, wage and social debts +€15,091
new in 2023: €15,091
- Trade debts +€2,724
up €2,724 (+1,409%), from €193 to €2,918
- Reserves +€961
new in 2023: €961
- Taxes +€15,091
new in 2023: €15,091
- Gross operating margin +€6,555
up €6,555 (+21.7%), from €30,220 to €36,775
- Staff costs -€6,484
down €6,484 (-89.7%), from €7,231 to €747
- Other operating charges -€484
down €484 (-88.4%), from €547 to €63
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,837 | €62,256 | +€36,419 | +141% |
| Fixed assets | 21/28 | €2,727 | €1,363 | -€1,363 | -50.0% |
| Tangible fixed assets | 22/27 | €2,727 | €1,363 | -€1,363 | -50.0% |
| Furniture and vehicles | 24 | €2,727 | €1,363 | -€1,363 | -50.0% |
| Current assets | 29/58 | €23,111 | €60,893 | +€37,782 | +163% |
| Amounts receivable within one year | 40/41 | €1,186 | €39,629 | +€38,443 | +3,240% |
| Trade receivables | 40 | - | €39,629 | +€39,629 | |
| Other amounts receivable | 41 | €1,186 | - | -€1,186 | |
| Cash at bank and in hand | 54/58 | €21,924 | €21,264 | -€660 | -3.0% |
| Total equity and liabilities | 10/49 | €25,837 | €62,256 | +€36,419 | +141% |
| Equity | 10/15 | €25,030 | €44,248 | +€19,218 | +76.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €961 | +€961 | |
| Non-distributable reserves | 130/1 | - | €961 | +€961 | |
| Legal reserve | 130 | - | €961 | +€961 | |
| Profit (loss) carried forward | 14 | €21,030 | €39,287 | +€18,257 | +86.8% |
| Amounts payable | 17/49 | €808 | €18,008 | +€17,201 | +2,130% |
| Amounts payable within one year | 42/48 | €808 | €18,008 | +€17,201 | +2,130% |
| Trade debts | 44 | €193 | €2,918 | +€2,724 | +1,409% |
| Suppliers | 440/4 | €193 | €2,918 | +€2,724 | +1,409% |
| Taxes, remuneration and social security | 45 | - | €15,091 | +€15,091 | |
| Taxes | 450/3 | - | €15,091 | +€15,091 | |
| Other amounts payable | 47/48 | €614 | - | -€614 | |
| Remuneration, social security and pensions | 62 | €7,231 | €747 | -€6,484 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,363 | €1,363 | = | 0.0% |
| Other operating charges | 640/8 | €547 | €63 | -€484 | -88.4% |
| Gross operating margin | 9900 | €30,220 | €36,775 | +€6,555 | +21.7% |
| Operating profit (loss) | 9901 | €21,078 | €34,601 | +€13,523 | +64.2% |
| Financial charges | 65/66B | €48 | €292 | +€244 | +505% |
| Recurring financial charges | 65 | €48 | €292 | +€244 | +505% |
| Profit (loss) for the period before taxes | 9903 | €21,030 | €34,309 | +€13,279 | +63.1% |
| Income taxes | 67/77 | - | €15,091 | +€15,091 | |
| Profit (loss) for the period | 9904 | €21,030 | €19,218 | -€1,811 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,030 | €19,218 | -€1,811 | -8.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.