MTKL LOGISTIQUE: 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.
MTKL LOGISTIQUE
Largest movements
- Receivables within one year +€106,999
up €106,999 (+86.7%), from €123,412 to €230,410
of which Trade receivables: +€108,567
- Financial fixed assets +€5,000
up €5,000 (+20.5%), from €24,408 to €29,408
- Profit (loss) carried forward +€59,989
up €59,989 (+95.3%), from €62,915 to €122,904
- Trade debts +€25,590
up €25,590 (+67.3%), from €38,025 to €63,615
- Tax, wage and social debts +€23,044
up €23,044 (+53.2%), from €43,332 to €66,375
of which Taxes: +€12,712
- Debts after one year +€10,469
up €10,469 (+33.7%), from €31,081 to €41,550
- Gross operating margin +€183,576
up €183,576 (+70.6%), from €259,851 to €443,428
- Staff costs +€97,880
up €97,880 (+49.2%), from €198,773 to €296,653
- Other operating charges +€16,437
up €16,437 (+62.3%), from €26,380 to €42,817
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 | €208,476 | €323,833 | +€115,357 | +55.3% |
| Fixed assets | 21/28 | €84,375 | €92,302 | +€7,926 | +9.4% |
| Tangible fixed assets | 22/27 | €59,967 | €62,894 | +€2,926 | +4.9% |
| Plant, machinery and equipment | 23 | €1,096 | €729 | -€367 | -33.5% |
| Furniture and vehicles | 24 | €17,499 | €4,769 | -€12,730 | -72.7% |
| Leasing and similar rights | 25 | €41,372 | €57,395 | +€16,023 | +38.7% |
| Financial fixed assets | 28 | €24,408 | €29,408 | +€5,000 | +20.5% |
| Current assets | 29/58 | €124,101 | €231,532 | +€107,430 | +86.6% |
| Amounts receivable within one year | 40/41 | €123,412 | €230,410 | +€106,999 | +86.7% |
| Trade receivables | 40 | €121,843 | €230,410 | +€108,567 | +89.1% |
| Other amounts receivable | 41 | €1,569 | - | -€1,569 | |
| Cash at bank and in hand | 54/58 | €690 | €1,122 | +€432 | +62.6% |
| Total equity and liabilities | 10/49 | €208,476 | €323,833 | +€115,357 | +55.3% |
| Equity | 10/15 | €65,915 | €125,904 | +€59,989 | +91.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,915 | €122,904 | +€59,989 | +95.3% |
| Amounts payable | 17/49 | €142,562 | €197,929 | +€55,368 | +38.8% |
| Amounts payable after more than one year | 17 | €31,081 | €41,550 | +€10,469 | +33.7% |
| Financial debts | 170/4 | €31,081 | €41,550 | +€10,469 | +33.7% |
| Amounts payable within one year | 42/48 | €111,481 | €156,379 | +€44,899 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | €22,507 | €21,121 | -€1,386 | -6.2% |
| Trade debts | 44 | €38,025 | €63,615 | +€25,590 | +67.3% |
| Suppliers | 440/4 | €38,025 | €63,615 | +€25,590 | +67.3% |
| Taxes, remuneration and social security | 45 | €43,332 | €66,375 | +€23,044 | +53.2% |
| Taxes | 450/3 | €14,418 | €27,131 | +€12,712 | +88.2% |
| Remuneration and social security | 454/9 | €28,913 | €39,245 | +€10,331 | +35.7% |
| Other amounts payable | 47/48 | €7,617 | €5,268 | -€2,349 | -30.8% |
| Remuneration, social security and pensions | 62 | €198,773 | €296,653 | +€97,880 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,821 | €35,054 | +€2,232 | +6.8% |
| Other operating charges | 640/8 | €26,380 | €42,817 | +€16,437 | +62.3% |
| Non-recurring operating charges | 66A | - | €1,711 | +€1,711 | |
| Gross operating margin | 9900 | €259,851 | €443,428 | +€183,576 | +70.6% |
| Operating profit (loss) | 9901 | €1,877 | €67,194 | +€65,317 | +3480.0% |
| Financial income | 75/76B | €25 | €0 | -€25 | -99.5% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -99.5% |
| Financial charges | 65/66B | €1,083 | €1,346 | +€263 | +24.3% |
| Recurring financial charges | 65 | €1,083 | €1,346 | +€263 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €818 | €65,848 | +€65,029 | +7947.0% |
| Income taxes | 67/77 | €9,420 | €5,859 | -€3,562 | -37.8% |
| Profit (loss) for the period | 9904 | -€8,602 | €59,989 | +€68,591 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,602 | €59,989 | +€68,591 |
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.