MTK CONCEPT: what changed
Two financial 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.
MTK CONCEPT
Largest movements
- Receivables within one year -€12,723
down €12,723 (-27.2%), from €46,759 to €34,037
of which Trade receivables: -€12,875
- Cash +€11,944
up €11,944 (+122.5%), from €9,753 to €21,697
mainly Receivables within one year (+€12,723) and Net result for the year (+€10,140)
- Profit (loss) carried forward +€10,140
up €10,140 (+43.5%), from €23,300 to €33,440
- Trade debts -€9,187
down €9,187 (-37.4%), from €24,582 to €15,395
- Debts after one year -€3,538
down €3,538 (-14.6%), from €24,296 to €20,758
- Tax, wage and social debts +€1,968
up €1,968 (+25.8%), from €7,625 to €9,593
of which Taxes: +€3,718
- Gross operating margin -€11,400
down €11,400 (-32.4%), from €35,206 to €23,805
- Depreciation +€3,917
up €3,917 (+105.5%), from €3,713 to €7,629
- Taxes -€2,156
down €2,156 (-36.7%), from €5,875 to €3,718
- Financial charges +€617
up €617 (+39.6%), from €1,557 to €2,175
- Other operating charges -€467
down €467 (-61.3%), from €761 to €294
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 | €88,884 | €87,333 | -€1,551 | -1.7% |
| Fixed assets | 21/28 | €27,015 | €27,027 | +€13 | 0.0% |
| Tangible fixed assets | 22/27 | €27,015 | €27,027 | +€13 | 0.0% |
| Plant, machinery and equipment | 23 | €939 | €2,955 | +€2,016 | +214.7% |
| Furniture and vehicles | 24 | €26,075 | €24,072 | -€2,003 | -7.7% |
| Current assets | 29/58 | €61,869 | €60,305 | -€1,564 | -2.5% |
| Amounts receivable within one year | 40/41 | €46,759 | €34,037 | -€12,723 | -27.2% |
| Trade receivables | 40 | €44,990 | €32,115 | -€12,875 | -28.6% |
| Other amounts receivable | 41 | €1,769 | €1,921 | +€152 | +8.6% |
| Cash at bank and in hand | 54/58 | €9,753 | €21,697 | +€11,944 | +122.5% |
| Deferred charges and accrued income | 490/1 | €5,357 | €4,572 | -€785 | -14.7% |
| Total equity and liabilities | 10/49 | €88,884 | €87,333 | -€1,551 | -1.7% |
| Equity | 10/15 | €24,300 | €34,440 | +€10,140 | +41.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,300 | €33,440 | +€10,140 | +43.5% |
| Amounts payable | 17/49 | €64,584 | €52,893 | -€11,691 | -18.1% |
| Amounts payable after more than one year | 17 | €24,296 | €20,758 | -€3,538 | -14.6% |
| Financial debts | 170/4 | €24,296 | €20,758 | -€3,538 | -14.6% |
| Amounts payable within one year | 42/48 | €40,287 | €31,885 | -€8,403 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €7,383 | €6,758 | -€625 | -8.5% |
| Trade debts | 44 | €24,582 | €15,395 | -€9,187 | -37.4% |
| Suppliers | 440/4 | €24,582 | €15,395 | -€9,187 | -37.4% |
| Taxes, remuneration and social security | 45 | €7,625 | €9,593 | +€1,968 | +25.8% |
| Taxes | 450/3 | €5,875 | €9,593 | +€3,718 | +63.3% |
| Remuneration and social security | 454/9 | €1,750 | - | -€1,750 | |
| Other amounts payable | 47/48 | €698 | €139 | -€559 | -80.1% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,713 | €7,629 | +€3,917 | +105.5% |
| Other operating charges | 640/8 | €761 | €294 | -€467 | -61.3% |
| Gross operating margin | 9900 | €35,206 | €23,805 | -€11,400 | -32.4% |
| Operating profit (loss) | 9901 | €30,732 | €15,882 | -€14,850 | -48.3% |
| Financial income | 75/76B | - | €151 | +€151 | |
| Recurring financial income | 75 | - | €151 | +€151 | |
| Financial charges | 65/66B | €1,557 | €2,175 | +€617 | +39.6% |
| Recurring financial charges | 65 | €1,557 | €2,175 | +€617 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €29,175 | €13,858 | -€15,316 | -52.5% |
| Income taxes | 67/77 | €5,875 | €3,718 | -€2,156 | -36.7% |
| Profit (loss) for the period | 9904 | €23,300 | €10,140 | -€13,160 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,300 | €10,140 | -€13,160 | -56.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.