MKZ: 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.
MKZ
Largest movements
- Receivables within one year +€14,735
up €14,735 (+30.3%), from €48,603 to €63,338
- Cash -€1,414
down €1,414 (-80.6%), from €1,753 to €339
mainly Receivables within one year (-€14,735) and Trade debts (-€48)
- Other debts +€12,250
up €12,250 (+32.0%), from €38,300 to €50,550
- Profit (loss) carried forward +€1,120
up €1,120 (+28.8%), from -€3,881 to -€2,761
- Gross operating margin +€3,006
up €3,006, from -€1,472 to €1,534
- Depreciation -€2,649
no longer reported in 2025 (was €2,649)
- Financial income -€384
no longer reported in 2025 (was €384)
- Other operating charges +€238
new in 2025: €238
- Financial charges +€32
up €32 (+22.5%), from €144 to €176
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 | €50,357 | €63,678 | +€13,321 | +26.5% |
| Current assets | 29/58 | €50,357 | €63,678 | +€13,321 | +26.5% |
| Amounts receivable within one year | 40/41 | €48,603 | €63,338 | +€14,735 | +30.3% |
| Other amounts receivable | 41 | €48,603 | €63,338 | +€14,735 | +30.3% |
| Cash at bank and in hand | 54/58 | €1,753 | €339 | -€1,414 | -80.6% |
| Total equity and liabilities | 10/49 | €50,357 | €63,678 | +€13,321 | +26.5% |
| Equity | 10/15 | €11,119 | €12,239 | +€1,120 | +10.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,881 | -€2,761 | +€1,120 | +28.8% |
| Amounts payable | 17/49 | €39,237 | €51,439 | +€12,202 | +31.1% |
| Amounts payable within one year | 42/48 | €39,237 | €51,439 | +€12,202 | +31.1% |
| Trade debts | 44 | €937 | €889 | -€48 | -5.2% |
| Suppliers | 440/4 | €937 | €889 | -€48 | -5.2% |
| Other amounts payable | 47/48 | €38,300 | €50,550 | +€12,250 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,649 | - | -€2,649 | |
| Other operating charges | 640/8 | - | €238 | +€238 | |
| Gross operating margin | 9900 | -€1,472 | €1,534 | +€3,006 | |
| Operating profit (loss) | 9901 | -€4,121 | €1,296 | +€5,417 | |
| Financial income | 75/76B | €384 | - | -€384 | |
| Recurring financial income | 75 | €384 | - | -€384 | |
| Financial charges | 65/66B | €144 | €176 | +€32 | +22.5% |
| Recurring financial charges | 65 | €144 | €176 | +€32 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,881 | €1,120 | +€5,000 | |
| Profit (loss) for the period | 9904 | -€3,881 | €1,120 | +€5,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,881 | €1,120 | +€5,000 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.