MTKJ: 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.
MTKJ
Largest movements
- Tangible fixed assets -€59,944
down €59,944 (-95.1%), from €63,006 to €3,062
of which Furniture and vehicles: -€62,044
- Receivables after one year -€49,240
no longer reported in 2024 (was €49,240)
- Deferred charges and accrued income -€12,000
down €12,000 (-33.3%), from €36,000 to €24,000
- Cash -€11,615
down €11,615 (-63.9%), from €18,166 to €6,551
mainly Contributions, distributions and other (-€100,000) and Debts after one year (-€35,670)
- Receivables within one year +€6,355
up €6,355 (+38.6%), from €16,460 to €22,815
of which Other amounts receivable: +€8,203
- Profit (loss) carried forward -€64,900
down €64,900 (-61.2%), from €106,003 to €41,103
- Debts after one year -€35,670
no longer reported in 2024 (was €35,670)
- Current portion of long-term debt -€20,092
no longer reported in 2024 (was €20,092)
- Tax, wage and social debts -€8,901
down €8,901 (-44.8%), from €19,885 to €10,984
- Trade debts +€3,119
up €3,119 (+1405.5%), from €222 to €3,341
- Depreciation -€15,946
down €15,946 (-93.9%), from €16,984 to €1,038
- Gross operating margin -€14,992
down €14,992 (-23.4%), from €64,187 to €49,194
- Financial income -€693
down €693 (-38.1%), from €1,820 to €1,127
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,872 | €56,428 | -€126,444 | -69.1% |
| Fixed assets | 21/28 | €63,006 | €3,062 | -€59,944 | -95.1% |
| Tangible fixed assets | 22/27 | €63,006 | €3,062 | -€59,944 | -95.1% |
| Plant, machinery and equipment | 23 | - | €2,100 | +€2,100 | |
| Furniture and vehicles | 24 | €63,006 | €962 | -€62,044 | -98.5% |
| Current assets | 29/58 | €119,866 | €53,366 | -€66,500 | -55.5% |
| Amounts receivable after more than one year | 29 | €49,240 | - | -€49,240 | |
| Other amounts receivable | 291 | €49,240 | - | -€49,240 | |
| Amounts receivable within one year | 40/41 | €16,460 | €22,815 | +€6,355 | +38.6% |
| Trade receivables | 40 | €1,848 | - | -€1,848 | |
| Other amounts receivable | 41 | €14,611 | €22,815 | +€8,203 | +56.1% |
| Cash at bank and in hand | 54/58 | €18,166 | €6,551 | -€11,615 | -63.9% |
| Deferred charges and accrued income | 490/1 | €36,000 | €24,000 | -€12,000 | -33.3% |
| Total equity and liabilities | 10/49 | €182,872 | €56,428 | -€126,444 | -69.1% |
| Equity | 10/15 | €107,003 | €42,103 | -€64,900 | -60.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,003 | €41,103 | -€64,900 | -61.2% |
| Amounts payable | 17/49 | €75,869 | €14,325 | -€61,544 | -81.1% |
| Amounts payable after more than one year | 17 | €35,670 | - | -€35,670 | |
| Financial debts | 170/4 | €35,670 | - | -€35,670 | |
| Amounts payable within one year | 42/48 | €40,200 | €14,325 | -€25,874 | -64.4% |
| Current portion of amounts payable after more than one year | 42 | €20,092 | - | -€20,092 | |
| Trade debts | 44 | €222 | €3,341 | +€3,119 | +1405.5% |
| Suppliers | 440/4 | €222 | €3,341 | +€3,119 | +1405.5% |
| Taxes, remuneration and social security | 45 | €19,885 | €10,984 | -€8,901 | -44.8% |
| Taxes | 450/3 | €19,885 | €10,984 | -€8,901 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,984 | €1,038 | -€15,946 | -93.9% |
| Other operating charges | 640/8 | €811 | €370 | -€441 | -54.4% |
| Non-recurring operating charges | 66A | - | €1,852 | +€1,852 | |
| Gross operating margin | 9900 | €64,187 | €49,194 | -€14,992 | -23.4% |
| Operating profit (loss) | 9901 | €46,392 | €45,934 | -€458 | -1.0% |
| Financial income | 75/76B | €1,820 | €1,127 | -€693 | -38.1% |
| Recurring financial income | 75 | €1,820 | €1,127 | -€693 | -38.1% |
| Financial charges | 65/66B | €1,299 | €978 | -€321 | -24.7% |
| Recurring financial charges | 65 | €1,299 | €978 | -€321 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €46,913 | €46,084 | -€829 | -1.8% |
| Income taxes | 67/77 | €10,911 | €10,984 | +€73 | +0.7% |
| Profit (loss) for the period | 9904 | €36,003 | €35,100 | -€903 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,003 | €35,100 | -€903 | -2.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.