2MS Travel: 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.
2MS Travel
Largest movements
- Receivables within one year -€10,415
down €10,415 (-97.3%), from €10,709 to €294
of which Trade receivables: -€6,770
- Intangible fixed assets -€9,547
down €9,547 (-42.3%), from €22,588 to €13,041
- Cash +€2,178
up €2,178 (+2,576%), from €85 to €2,263
mainly Depreciation (+€10,426) and Receivables within one year (+€10,415)
- Tangible fixed assets -€621
down €621 (-82.9%), from €750 to €128
- Profit (loss) carried forward -€10,892
down €10,892 (-19.8%), from -€55,015 to -€65,907
- Other debts -€8,500
down €8,500 (-14.1%), from €60,271 to €51,771
- Trade debts +€486
up €486 (+368%), from €132 to €618
- Gross operating margin +€4,004
up €4,004 (+94.2%), from -€4,252 to -€248
- Depreciation -€1,445
down €1,445 (-12.2%), from €11,870 to €10,426
- Other operating charges +€96
new in 2025: €96
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.
Derived cash bridge
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 | €34,388 | €15,726 | -€18,663 | -54.3% |
| Formation expenses | 20 | €257 | €0 | -€257 | -100% |
| Fixed assets | 21/28 | €23,338 | €13,170 | -€10,168 | -43.6% |
| Intangible fixed assets | 21 | €22,588 | €13,041 | -€9,547 | -42.3% |
| Tangible fixed assets | 22/27 | €750 | €128 | -€621 | -82.9% |
| Furniture and vehicles | 24 | €750 | €128 | -€621 | -82.9% |
| Current assets | 29/58 | €10,793 | €2,556 | -€8,237 | -76.3% |
| Amounts receivable within one year | 40/41 | €10,709 | €294 | -€10,415 | -97.3% |
| Trade receivables | 40 | €6,770 | €0 | -€6,770 | -100% |
| Other amounts receivable | 41 | €3,939 | €294 | -€3,646 | -92.5% |
| Cash at bank and in hand | 54/58 | €85 | €2,263 | +€2,178 | +2,576% |
| Total equity and liabilities | 10/49 | €34,388 | €15,726 | -€18,663 | -54.3% |
| Equity | 10/15 | -€26,015 | -€36,907 | -€10,892 | -41.9% |
| Contributions | 10/11 | €29,000 | €29,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,015 | -€65,907 | -€10,892 | -19.8% |
| Amounts payable | 17/49 | €60,403 | €52,633 | -€7,770 | -12.9% |
| Amounts payable within one year | 42/48 | €60,403 | €52,633 | -€7,770 | -12.9% |
| Trade debts | 44 | €132 | €618 | +€486 | +368% |
| Suppliers | 440/4 | €132 | €618 | +€486 | +368% |
| Taxes, remuneration and social security | 45 | - | €244 | +€244 | |
| Taxes | 450/3 | - | €244 | +€244 | |
| Other amounts payable | 47/48 | €60,271 | €51,771 | -€8,500 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,870 | €10,426 | -€1,445 | -12.2% |
| Other operating charges | 640/8 | - | €96 | +€96 | |
| Gross operating margin | 9900 | -€4,252 | -€248 | +€4,004 | +94.2% |
| Operating profit (loss) | 9901 | -€16,123 | -€10,770 | +€5,353 | +33.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €110 | €122 | +€12 | +10.9% |
| Recurring financial charges | 65 | €110 | €122 | +€12 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,233 | -€10,892 | +€5,341 | +32.9% |
| Profit (loss) for the period | 9904 | -€16,233 | -€10,892 | +€5,341 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,233 | -€10,892 | +€5,341 | +32.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.