M&S BOS: 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.
M&S BOS
Largest movements
- Receivables within one year -€13,865
down €13,865 (-27.8%), from €49,926 to €36,061
of which Trade receivables: -€11,815
- Cash -€3,048
down €3,048 (-87.7%), from €3,473 to €426
mainly Net result for the year (-€32,529) and Accrued charges and deferred income (-€2,805)
- Tangible fixed assets -€1,309
down €1,309 (-100%), from €1,309 to €0
- Profit (loss) carried forward -€32,529
down €32,529 (-178%), from -€18,256 to -€50,785
- Tax, wage and social debts +€11,302
up €11,302 (+38.5%), from €29,320 to €40,621
of which Remuneration and social security: +€19,110
- Trade debts +€5,439
up €5,439 (+147%), from €3,694 to €9,133
- Accrued charges and deferred income -€2,805
down €2,805 (-100.0%), from €2,805 to €1
- Staff costs +€13,897
up €13,897 (+3,474%), from €400 to €14,297
- Taxes +€1,060
new in 2023: €1,060
- Gross operating margin -€888
down €888 (-7.4%), from -€12,000 to -€12,887
- Depreciation -€758
down €758 (-36.7%), from €2,067 to €1,309
- Other operating charges +€219
up €219 (+13.6%), from €1,611 to €1,830
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,065 | €36,788 | -€18,277 | -33.2% |
| Fixed assets | 21/28 | €1,309 | €0 | -€1,309 | -100% |
| Tangible fixed assets | 22/27 | €1,309 | €0 | -€1,309 | -100% |
| Furniture and vehicles | 24 | €1,309 | €0 | -€1,309 | -100% |
| Current assets | 29/58 | €53,757 | €36,788 | -€16,968 | -31.6% |
| Amounts receivable within one year | 40/41 | €49,926 | €36,061 | -€13,865 | -27.8% |
| Trade receivables | 40 | €32,013 | €20,197 | -€11,815 | -36.9% |
| Other amounts receivable | 41 | €17,914 | €15,864 | -€2,050 | -11.4% |
| Cash at bank and in hand | 54/58 | €3,473 | €426 | -€3,048 | -87.7% |
| Deferred charges and accrued income | 490/1 | €357 | €302 | -€55 | -15.5% |
| Total equity and liabilities | 10/49 | €55,065 | €36,788 | -€18,277 | -33.2% |
| Equity | 10/15 | €14,562 | -€17,967 | -€32,529 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €32,818 | €32,818 | = | 0.0% |
| Non-distributable reserves | 130/1 | €598 | €598 | = | 0.0% |
| Reserves not available under the articles | 1311 | €598 | €598 | = | 0.0% |
| Distributable reserves | 133 | €32,220 | €32,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,256 | -€50,785 | -€32,529 | -178% |
| Amounts payable | 17/49 | €40,503 | €54,755 | +€14,253 | +35.2% |
| Amounts payable within one year | 42/48 | €37,697 | €54,755 | +€17,057 | +45.2% |
| Trade debts | 44 | €3,694 | €9,133 | +€5,439 | +147% |
| Suppliers | 440/4 | €3,694 | €9,133 | +€5,439 | +147% |
| Taxes, remuneration and social security | 45 | €29,320 | €40,621 | +€11,302 | +38.5% |
| Taxes | 450/3 | €8,551 | €743 | -€7,808 | -91.3% |
| Remuneration and social security | 454/9 | €20,768 | €39,879 | +€19,110 | +92.0% |
| Other amounts payable | 47/48 | €4,684 | €5,000 | +€316 | +6.7% |
| Accrued charges and deferred income | 492/3 | €2,805 | €1 | -€2,805 | -100.0% |
| Remuneration, social security and pensions | 62 | €400 | €14,297 | +€13,897 | +3,474% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,067 | €1,309 | -€758 | -36.7% |
| Other operating charges | 640/8 | €1,611 | €1,830 | +€219 | +13.6% |
| Non-recurring operating charges | 66A | €891 | - | -€891 | |
| Gross operating margin | 9900 | -€12,000 | -€12,887 | -€888 | -7.4% |
| Operating profit (loss) | 9901 | -€16,968 | -€30,323 | -€13,354 | -78.7% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €1,293 | €1,147 | -€146 | -11.3% |
| Recurring financial charges | 65 | €1,293 | €1,147 | -€146 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,256 | -€31,469 | -€13,213 | -72.4% |
| Income taxes | 67/77 | - | €1,060 | +€1,060 | |
| Profit (loss) for the period | 9904 | -€18,256 | -€32,529 | -€14,273 | -78.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,256 | -€32,529 | -€14,273 | -78.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.