M.S. CONSULT: 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. CONSULT
Largest movements
- Cash -€28,876
down €28,876 (-72.9%), from €39,595 to €10,719
mainly Receivables within one year (-€20,205) and Net result for the year (-€16,624)
- Receivables within one year +€20,205
up €20,205 (+47.2%), from €42,806 to €63,011
of which Other amounts receivable: +€33,890
- Tangible fixed assets +€7,302
up €7,302 (+1,021%), from €715 to €8,017
of which Furniture and vehicles: +€7,605
- Deferred charges and accrued income -€1,020
down €1,020 (-31.7%), from €3,214 to €2,194
- Reserves -€16,624
down €16,624 (-27.9%), from €59,567 to €42,943
- Other debts +€10,000
new in 2025: €10,000
- Trade debts +€7,530
up €7,530 (+43.7%), from €17,247 to €24,777
- Tax, wage and social debts -€3,296
down €3,296 (-43.8%), from €7,517 to €4,221
- Gross operating margin +€25,627
up €25,627 (+67.5%), from -€37,957 to -€12,330
- Financial charges -€2,282
down €2,282 (-47.8%), from €4,771 to €2,489
- Depreciation +€1,320
up €1,320 (+229%), from €577 to €1,897
- Financial income -€674
down €674 (-26.1%), from €2,585 to €1,911
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 | €86,330 | €83,941 | -€2,390 | -2.8% |
| Fixed assets | 21/28 | €715 | €8,017 | +€7,302 | +1,021% |
| Tangible fixed assets | 22/27 | €715 | €8,017 | +€7,302 | +1,021% |
| Plant, machinery and equipment | 23 | €387 | €84 | -€303 | -78.3% |
| Furniture and vehicles | 24 | €329 | €7,933 | +€7,605 | +2,314% |
| Current assets | 29/58 | €85,615 | €75,924 | -€9,692 | -11.3% |
| Amounts receivable within one year | 40/41 | €42,806 | €63,011 | +€20,205 | +47.2% |
| Trade receivables | 40 | €15,501 | €1,815 | -€13,686 | -88.3% |
| Other amounts receivable | 41 | €27,305 | €61,196 | +€33,890 | +124% |
| Cash at bank and in hand | 54/58 | €39,595 | €10,719 | -€28,876 | -72.9% |
| Deferred charges and accrued income | 490/1 | €3,214 | €2,194 | -€1,020 | -31.7% |
| Total equity and liabilities | 10/49 | €86,330 | €83,941 | -€2,390 | -2.8% |
| Equity | 10/15 | €61,567 | €44,943 | -€16,624 | -27.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €59,567 | €42,943 | -€16,624 | -27.9% |
| Distributable reserves | 133 | €59,567 | €42,943 | -€16,624 | -27.9% |
| Amounts payable | 17/49 | €24,763 | €38,998 | +€14,235 | +57.5% |
| Amounts payable within one year | 42/48 | €24,763 | €38,998 | +€14,235 | +57.5% |
| Trade debts | 44 | €17,247 | €24,777 | +€7,530 | +43.7% |
| Suppliers | 440/4 | €17,247 | €24,777 | +€7,530 | +43.7% |
| Taxes, remuneration and social security | 45 | €7,517 | €4,221 | -€3,296 | -43.8% |
| Taxes | 450/3 | €7,517 | €4,221 | -€3,296 | -43.8% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €577 | €1,897 | +€1,320 | +229% |
| Other operating charges | 640/8 | €1,345 | €1,695 | +€350 | +26.0% |
| Gross operating margin | 9900 | -€37,957 | -€12,330 | +€25,627 | +67.5% |
| Operating profit (loss) | 9901 | -€39,879 | -€15,922 | +€23,957 | +60.1% |
| Financial income | 75/76B | €2,585 | €1,911 | -€674 | -26.1% |
| Recurring financial income | 75 | €2,585 | €1,911 | -€674 | -26.1% |
| Financial charges | 65/66B | €4,771 | €2,489 | -€2,282 | -47.8% |
| Recurring financial charges | 65 | €4,771 | €2,489 | -€2,282 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | -€42,065 | -€16,500 | +€25,565 | +60.8% |
| Income taxes | 67/77 | €347 | €125 | -€223 | -64.1% |
| Profit (loss) for the period | 9904 | -€42,412 | -€16,624 | +€25,788 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,412 | -€16,624 | +€25,788 | +60.8% |
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 24 October 2026 via checked.be.