MNK CONCEPT: 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.
MNK CONCEPT
Largest movements
- Cash -€7,988
down €7,988 (-85.0%), from €9,397 to €1,409
mainly Net result for the year (-€14,572) and Debts after one year (-€3,419)
- Tangible fixed assets -€6,205
down €6,205 (-30.9%), from €20,114 to €13,909
of which Furniture and vehicles: -€5,325
- Stocks and contracts -€3,301
down €3,301 (-63.9%), from €5,164 to €1,863
- Receivables within one year +€2,000
up €2,000 (+41.7%), from €4,797 to €6,797
- Deferred charges and accrued income -€1,792
down €1,792 (-55.4%), from €3,236 to €1,444
- Profit (loss) carried forward -€14,572
down €14,572 (-48.3%), from -€30,150 to -€44,723
- Debts after one year -€3,419
down €3,419 (-33.8%), from €10,102 to €6,684
- Trade debts +€2,011
up €2,011 (+585.7%), from €343 to €2,355
- Other debts -€1,249
down €1,249 (-3.3%), from €38,155 to €36,906
- Gross operating margin -€4,656
down €4,656 (-276.0%), from -€1,687 to -€6,344
- Taxes +€2,485
up €2,485, from -€2,281 to €204
- Financial charges -€1,975
down €1,975 (-68.1%), from €2,900 to €925
- Depreciation +€363
up €363 (+6.2%), from €5,842 to €6,205
- Other operating charges +€315
up €315 (+54.3%), from €580 to €895
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 | €46,758 | €29,471 | -€17,287 | -37.0% |
| Fixed assets | 21/28 | €24,164 | €17,959 | -€6,205 | -25.7% |
| Tangible fixed assets | 22/27 | €20,114 | €13,909 | -€6,205 | -30.9% |
| Plant, machinery and equipment | 23 | €1,500 | €619 | -€881 | -58.7% |
| Furniture and vehicles | 24 | €18,614 | €13,290 | -€5,325 | -28.6% |
| Financial fixed assets | 28 | €4,050 | €4,050 | = | 0.0% |
| Current assets | 29/58 | €22,594 | €11,513 | -€11,081 | -49.0% |
| Stocks and contracts in progress | 3 | €5,164 | €1,863 | -€3,301 | -63.9% |
| Stocks | 30/36 | €5,164 | €1,863 | -€3,301 | -63.9% |
| Amounts receivable within one year | 40/41 | €4,797 | €6,797 | +€2,000 | +41.7% |
| Trade receivables | 40 | €4,797 | €6,797 | +€2,000 | +41.7% |
| Cash at bank and in hand | 54/58 | €9,397 | €1,409 | -€7,988 | -85.0% |
| Deferred charges and accrued income | 490/1 | €3,236 | €1,444 | -€1,792 | -55.4% |
| Total equity and liabilities | 10/49 | €46,758 | €29,471 | -€17,287 | -37.0% |
| Equity | 10/15 | -€8,150 | -€22,723 | -€14,572 | -178.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 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% |
| Tax-exempt reserves | 132 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,150 | -€44,723 | -€14,572 | -48.3% |
| Amounts payable | 17/49 | €54,908 | €52,194 | -€2,714 | -4.9% |
| Amounts payable after more than one year | 17 | €10,102 | €6,684 | -€3,419 | -33.8% |
| Financial debts | 170/4 | €10,102 | €6,684 | -€3,419 | -33.8% |
| Amounts payable within one year | 42/48 | €44,755 | €45,510 | +€756 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €3,268 | €3,419 | +€151 | +4.6% |
| Trade debts | 44 | €343 | €2,355 | +€2,011 | +585.7% |
| Suppliers | 440/4 | €343 | €2,355 | +€2,011 | +585.7% |
| Taxes, remuneration and social security | 45 | €2,988 | €2,831 | -€157 | -5.3% |
| Taxes | 450/3 | €2,988 | €1,831 | -€1,157 | -38.7% |
| Remuneration and social security | 454/9 | €0 | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €38,155 | €36,906 | -€1,249 | -3.3% |
| Accrued charges and deferred income | 492/3 | €51 | €0 | -€51 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,842 | €6,205 | +€363 | +6.2% |
| Other operating charges | 640/8 | €580 | €895 | +€315 | +54.3% |
| Gross operating margin | 9900 | -€1,687 | -€6,344 | -€4,656 | -276.0% |
| Operating profit (loss) | 9901 | -€8,109 | -€13,444 | -€5,335 | -65.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,900 | €925 | -€1,975 | -68.1% |
| Recurring financial charges | 65 | €2,900 | €925 | -€1,975 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,009 | -€14,368 | -€3,359 | -30.5% |
| Income taxes | 67/77 | -€2,281 | €204 | +€2,485 | |
| Profit (loss) for the period | 9904 | -€8,728 | -€14,572 | -€5,844 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,728 | -€14,572 | -€5,844 | -67.0% |
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 3 October 2026 via checked.be.