Dr. MRSM: 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.
Dr. MRSM
Largest movements
- Cash +€166,830
up €166,830 (+1035.3%), from €16,114 to €182,944
mainly Net result for the year (+€182,758) and Trade debts (+€13,468)
- Deferred charges and accrued income +€13,469
up €13,469 (+24.2%), from €55,631 to €69,100
- Receivables within one year +€5,542
new in 2025: €5,542
- Reserves +€181,925
up €181,925 (+502.1%), from €36,232 to €218,156
- Trade debts +€13,468
up €13,468 (+78.2%), from €17,212 to €30,680
- Tax, wage and social debts -€9,626
no longer reported in 2025 (was €9,626)
- Gross operating margin +€191,652
up €191,652 (+409.8%), from €46,766 to €238,418
- Taxes +€45,832
up €45,832 (+476.1%), from €9,626 to €55,458
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 | €71,746 | €257,587 | +€185,841 | +259.0% |
| Current assets | 29/58 | €71,746 | €257,587 | +€185,841 | +259.0% |
| Amounts receivable within one year | 40/41 | - | €5,542 | +€5,542 | |
| Other amounts receivable | 41 | - | €5,542 | +€5,542 | |
| Cash at bank and in hand | 54/58 | €16,114 | €182,944 | +€166,830 | +1035.3% |
| Deferred charges and accrued income | 490/1 | €55,631 | €69,100 | +€13,469 | +24.2% |
| Total equity and liabilities | 10/49 | €71,746 | €257,587 | +€185,841 | +259.0% |
| Equity | 10/15 | €39,732 | €221,656 | +€181,925 | +457.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €36,232 | €218,156 | +€181,925 | +502.1% |
| Distributable reserves | 133 | €36,232 | €218,156 | +€181,925 | +502.1% |
| Amounts payable | 17/49 | €32,014 | €35,930 | +€3,916 | +12.2% |
| Amounts payable within one year | 42/48 | €32,014 | €35,930 | +€3,916 | +12.2% |
| Trade debts | 44 | €17,212 | €30,680 | +€13,468 | +78.2% |
| Suppliers | 440/4 | €17,212 | €30,680 | +€13,468 | +78.2% |
| Taxes, remuneration and social security | 45 | €9,626 | - | -€9,626 | |
| Taxes | 450/3 | €9,626 | - | -€9,626 | |
| Other amounts payable | 47/48 | €5,175 | €5,250 | +€74 | +1.4% |
| Other operating charges | 640/8 | €50 | €157 | +€107 | +214.2% |
| Gross operating margin | 9900 | €46,766 | €238,418 | +€191,652 | +409.8% |
| Operating profit (loss) | 9901 | €46,716 | €238,261 | +€191,545 | +410.0% |
| Financial charges | 65/66B | €25 | €45 | +€20 | +80.0% |
| Recurring financial charges | 65 | €25 | €45 | +€20 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | €46,691 | €238,216 | +€191,525 | +410.2% |
| Income taxes | 67/77 | €9,626 | €55,458 | +€45,832 | +476.1% |
| Profit (loss) for the period | 9904 | €37,065 | €182,758 | +€145,693 | +393.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,065 | €182,758 | +€145,693 | +393.1% |
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 4 October 2026 via checked.be.