MKSTRANS: 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.
MKSTRANS
Largest movements
- Receivables within one year -€100,470
down €100,470 (-96.1%), from €104,550 to €4,081
of which Trade receivables: -€81,909
- Cash +€10,713
up €10,713 (+1881.2%), from €569 to €11,283
mainly Receivables within one year (+€100,470) and Tax, wage and social debts (+€23,012)
- Tangible fixed assets -€8,027
down €8,027 (-30.3%), from €26,519 to €18,491
of which Furniture and vehicles: -€7,048
- Financial fixed assets +€5,000
up €5,000 (+100.0%), from €5,000 to €10,000
- Trade debts -€72,909
down €72,909 (-94.1%), from €77,519 to €4,610
- Profit (loss) carried forward -€36,887
down €36,887 (-94.3%), from €39,120 to €2,233
- Tax, wage and social debts +€23,012
up €23,012 (+85.2%), from €26,999 to €50,011
of which Taxes: +€20,971
- Other debts -€6,000
no longer reported in 2025 (was €6,000)
- Gross operating margin +€60,135
up €60,135 (+81.0%), from €74,209 to €134,344
- Staff costs +€50,185
up €50,185 (+63.0%), from €79,598 to €129,783
- Other operating charges +€31,639
up €31,639 (+2672.8%), from €1,184 to €32,822
- Taxes -€5,192
no longer reported in 2025 (was €5,192)
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 | €160,638 | €67,855 | -€92,784 | -57.8% |
| Fixed assets | 21/28 | €31,519 | €28,491 | -€3,027 | -9.6% |
| Tangible fixed assets | 22/27 | €26,519 | €18,491 | -€8,027 | -30.3% |
| Plant, machinery and equipment | 23 | €6,395 | €5,416 | -€979 | -15.3% |
| Furniture and vehicles | 24 | €20,123 | €13,075 | -€7,048 | -35.0% |
| Financial fixed assets | 28 | €5,000 | €10,000 | +€5,000 | +100.0% |
| Current assets | 29/58 | €129,120 | €39,363 | -€89,757 | -69.5% |
| Amounts receivable after more than one year | 29 | €24,000 | €24,000 | = | 0.0% |
| Other amounts receivable | 291 | €24,000 | €24,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €104,550 | €4,081 | -€100,470 | -96.1% |
| Trade receivables | 40 | €83,425 | €1,516 | -€81,909 | -98.2% |
| Other amounts receivable | 41 | €21,125 | €2,565 | -€18,560 | -87.9% |
| Cash at bank and in hand | 54/58 | €569 | €11,283 | +€10,713 | +1881.2% |
| Total equity and liabilities | 10/49 | €160,638 | €67,855 | -€92,784 | -57.8% |
| Equity | 10/15 | €50,120 | €13,233 | -€36,887 | -73.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,120 | €2,233 | -€36,887 | -94.3% |
| Amounts payable | 17/49 | €110,518 | €54,621 | -€55,897 | -50.6% |
| Amounts payable within one year | 42/48 | €110,518 | €54,621 | -€55,897 | -50.6% |
| Trade debts | 44 | €77,519 | €4,610 | -€72,909 | -94.1% |
| Suppliers | 440/4 | €77,519 | €4,610 | -€72,909 | -94.1% |
| Taxes, remuneration and social security | 45 | €26,999 | €50,011 | +€23,012 | +85.2% |
| Taxes | 450/3 | €3,114 | €24,085 | +€20,971 | +673.3% |
| Remuneration and social security | 454/9 | €23,885 | €25,926 | +€2,041 | +8.5% |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Remuneration, social security and pensions | 62 | €79,598 | €129,783 | +€50,185 | +63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,931 | €8,027 | +€96 | +1.2% |
| Other operating charges | 640/8 | €1,184 | €32,822 | +€31,639 | +2672.8% |
| Non-recurring operating charges | 66A | €366 | - | -€366 | |
| Gross operating margin | 9900 | €74,209 | €134,344 | +€60,135 | +81.0% |
| Operating profit (loss) | 9901 | -€14,870 | -€36,288 | -€21,419 | -144.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €884 | €598 | -€286 | -32.3% |
| Recurring financial charges | 65 | €884 | €598 | -€286 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,754 | -€36,887 | -€21,133 | -134.1% |
| Income taxes | 67/77 | €5,192 | - | -€5,192 | |
| Profit (loss) for the period | 9904 | -€20,946 | -€36,887 | -€15,941 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,946 | -€36,887 | -€15,941 | -76.1% |
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 4 October 2026 via checked.be.