MKV CONSTRUCT: 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.
MKV CONSTRUCT
Largest movements
- Receivables within one year +€136,507
up €136,507 (+93.4%), from €146,160 to €282,667
of which Trade receivables: +€120,410
- Profit (loss) carried forward +€75,843
up €75,843 (+360.2%), from €21,054 to €96,897
- Trade debts +€56,770
up €56,770 (+76.2%), from €74,507 to €131,277
of which Suppliers: +€72,529
- Short-term financial debts +€6,558
up €6,558 (+42.5%), from €15,448 to €22,007
- Turnover +€238,591
up €238,591 (+31.0%), from €770,151 to €1.0m
- Purchases and services +€152,786
up €152,786 (+20.6%), from €743,057 to €895,843
- Gross operating margin +€85,804
up €85,804 (+316.7%), from €27,094 to €112,898
- Taxes +€22,049
up €22,049 (+411.3%), from €5,361 to €27,410
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,636 | €286,443 | +€137,807 | +92.7% |
| Fixed assets | 21/28 | €2,476 | €3,776 | +€1,301 | +52.5% |
| Tangible fixed assets | 22/27 | €2,476 | €3,776 | +€1,301 | +52.5% |
| Plant, machinery and equipment | 23 | - | €727 | +€727 | |
| Furniture and vehicles | 24 | €2,476 | €3,049 | +€574 | +23.2% |
| Current assets | 29/58 | €146,160 | €282,667 | +€136,507 | +93.4% |
| Amounts receivable within one year | 40/41 | €146,160 | €282,667 | +€136,507 | +93.4% |
| Trade receivables | 40 | €100,226 | €220,636 | +€120,410 | +120.1% |
| Other amounts receivable | 41 | €45,934 | €62,031 | +€16,096 | +35.0% |
| Total equity and liabilities | 10/49 | €148,636 | €286,443 | +€137,807 | +92.7% |
| Equity | 10/15 | €26,054 | €101,897 | +€75,843 | +291.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,054 | €96,897 | +€75,843 | +360.2% |
| Amounts payable | 17/49 | €122,582 | €184,546 | +€61,964 | +50.5% |
| Amounts payable within one year | 42/48 | €122,582 | €184,546 | +€61,964 | +50.5% |
| Financial debts | 43 | €15,448 | €22,007 | +€6,558 | +42.5% |
| Credit institutions | 430/8 | €15,448 | €22,007 | +€6,558 | +42.5% |
| Trade debts | 44 | €74,507 | €131,277 | +€56,770 | +76.2% |
| Suppliers | 440/4 | €48,748 | €121,277 | +€72,529 | +148.8% |
| Bills of exchange payable | 441 | €25,759 | €10,000 | -€15,759 | -61.2% |
| Taxes, remuneration and social security | 45 | €32,626 | €31,262 | -€1,365 | -4.2% |
| Taxes | 450/3 | €32,626 | €31,262 | -€1,365 | -4.2% |
| Turnover | 70 | €770,151 | €1,008,741 | +€238,591 | +31.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €743,057 | €895,843 | +€152,786 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €364 | €673 | +€310 | +85.2% |
| Other operating charges | 640/8 | €403 | €5,839 | +€5,436 | +1350.5% |
| Gross operating margin | 9900 | €27,094 | €112,898 | +€85,804 | +316.7% |
| Operating profit (loss) | 9901 | €26,328 | €106,386 | +€80,058 | +304.1% |
| Financial income | 75/76B | €2,103 | €2,932 | +€829 | +39.4% |
| Recurring financial income | 75 | €2,103 | €2,932 | +€829 | +39.4% |
| Financial charges | 65/66B | €2,016 | €6,065 | +€4,049 | +200.9% |
| Recurring financial charges | 65 | €2,016 | €6,065 | +€4,049 | +200.9% |
| Profit (loss) for the period before taxes | 9903 | €26,415 | €103,253 | +€76,838 | +290.9% |
| Income taxes | 67/77 | €5,361 | €27,410 | +€22,049 | +411.3% |
| Profit (loss) for the period | 9904 | €21,054 | €75,843 | +€54,789 | +260.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,054 | €75,843 | +€54,789 | +260.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.