MKVI: 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.
MKVI
Largest movements
- Receivables within one year -€20,432
down €20,432 (-46.9%), from €43,569 to €23,137
of which Trade receivables: -€14,904
- Cash -€15,675
down €15,675 (-99.9%), from €15,689 to €15
mainly Trade debts (-€35,024) and Net result for the year (-€6,498)
- Tangible fixed assets -€5,654
down €5,654 (-54.7%), from €10,344 to €4,690
of which Furniture and vehicles: -€3,612
- Deferred charges and accrued income -€3,386
down €3,386 (-83.8%), from €4,040 to €654
- Trade debts -€35,024
down €35,024 (-72.0%), from €48,622 to €13,599
- Reserves -€6,498
down €6,498 (-37.0%), from €17,568 to €11,070
- Tax, wage and social debts -€3,146
down €3,146 (-67.5%), from €4,662 to €1,517
- Gross operating margin -€6,502
down €6,502 (-52.6%), from €12,369 to €5,867
- Other operating charges +€3,268
up €3,268 (+444.8%), from €735 to €4,003
- Taxes -€763
down €763 (-80.4%), from €950 to €186
- Depreciation +€181
up €181 (+3.9%), from €4,649 to €4,830
- Financial income -€166
down €166 (-26.6%), from €622 to €456
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 | €75,023 | €29,876 | -€45,147 | -60.2% |
| Fixed assets | 21/28 | €11,724 | €6,070 | -€5,654 | -48.2% |
| Tangible fixed assets | 22/27 | €10,344 | €4,690 | -€5,654 | -54.7% |
| Plant, machinery and equipment | 23 | €4,757 | €2,714 | -€2,042 | -42.9% |
| Furniture and vehicles | 24 | €5,587 | €1,975 | -€3,612 | -64.6% |
| Financial fixed assets | 28 | €1,380 | €1,380 | = | 0.0% |
| Current assets | 29/58 | €63,299 | €23,806 | -€39,493 | -62.4% |
| Amounts receivable within one year | 40/41 | €43,569 | €23,137 | -€20,432 | -46.9% |
| Trade receivables | 40 | €25,680 | €10,775 | -€14,904 | -58.0% |
| Other amounts receivable | 41 | €17,889 | €12,362 | -€5,527 | -30.9% |
| Cash at bank and in hand | 54/58 | €15,689 | €15 | -€15,675 | -99.9% |
| Deferred charges and accrued income | 490/1 | €4,040 | €654 | -€3,386 | -83.8% |
| Total equity and liabilities | 10/49 | €75,023 | €29,876 | -€45,147 | -60.2% |
| Equity | 10/15 | €20,568 | €14,070 | -€6,498 | -31.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,568 | €11,070 | -€6,498 | -37.0% |
| Distributable reserves | 133 | €17,568 | €11,070 | -€6,498 | -37.0% |
| Amounts payable | 17/49 | €54,455 | €15,805 | -€38,649 | -71.0% |
| Amounts payable within one year | 42/48 | €53,975 | €15,805 | -€38,169 | -70.7% |
| Trade debts | 44 | €48,622 | €13,599 | -€35,024 | -72.0% |
| Suppliers | 440/4 | €48,622 | €13,599 | -€35,024 | -72.0% |
| Taxes, remuneration and social security | 45 | €4,662 | €1,517 | -€3,146 | -67.5% |
| Taxes | 450/3 | €4,662 | €1,517 | -€3,146 | -67.5% |
| Other amounts payable | 47/48 | €690 | €690 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €480 | - | -€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,649 | €4,830 | +€181 | +3.9% |
| Other operating charges | 640/8 | €735 | €4,003 | +€3,268 | +444.8% |
| Gross operating margin | 9900 | €12,369 | €5,867 | -€6,502 | -52.6% |
| Operating profit (loss) | 9901 | €6,986 | -€2,966 | -€9,952 | |
| Financial income | 75/76B | €622 | €456 | -€166 | -26.6% |
| Recurring financial income | 75 | €622 | €456 | -€166 | -26.6% |
| Financial charges | 65/66B | €3,893 | €3,802 | -€91 | -2.3% |
| Recurring financial charges | 65 | €3,893 | €3,802 | -€91 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €3,715 | -€6,312 | -€10,027 | |
| Income taxes | 67/77 | €950 | €186 | -€763 | -80.4% |
| Profit (loss) for the period | 9904 | €2,766 | -€6,498 | -€9,263 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,766 | -€6,498 | -€9,263 |
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 29 September 2026 via checked.be.