M.S SOINS: 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 SOINS
Largest movements
- Cash +€15,721
up €15,721 (+66.0%), from €23,809 to €39,530
mainly Depreciation (+€12,000) and Net result for the year (+€11,241)
- Intangible fixed assets -€12,000
down €12,000 (-40.0%), from €30,000 to €18,000
- Deferred charges and accrued income -€7,580
down €7,580 (-41.4%), from €18,311 to €10,731
- Debts after one year -€11,569
down €11,569 (-62.5%), from €18,507 to €6,938
- Reserves +€11,241
up €11,241 (+33.1%), from €33,954 to €45,195
of which Distributable reserves: +€11,241
- Other debts -€6,171
down €6,171 (-100%), from €6,171 to €0
- Tax, wage and social debts +€1,338
up €1,338 (+50.6%), from €2,645 to €3,983
- Taxes +€5,376
up €5,376 (+149%), from €3,607 to €8,983
- Gross operating margin +€4,741
up €4,741 (+14.4%), from €32,866 to €37,607
- Other operating charges -€1,521
down €1,521 (-51.8%), from €2,938 to €1,417
- Financial charges -€919
down €919 (-16.6%), from €5,528 to €4,609
- Financial income +€619
up €619 (+2,675%), from €23 to €642
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 | €91,079 | €86,549 | -€4,530 | -5.0% |
| Fixed assets | 21/28 | €30,000 | €18,000 | -€12,000 | -40.0% |
| Intangible fixed assets | 21 | €30,000 | €18,000 | -€12,000 | -40.0% |
| Current assets | 29/58 | €61,079 | €68,549 | +€7,470 | +12.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €18,958 | €18,288 | -€670 | -3.5% |
| Trade receivables | 40 | - | €2,036 | +€2,036 | |
| Other amounts receivable | 41 | €18,958 | €16,251 | -€2,707 | -14.3% |
| Cash at bank and in hand | 54/58 | €23,809 | €39,530 | +€15,721 | +66.0% |
| Deferred charges and accrued income | 490/1 | €18,311 | €10,731 | -€7,580 | -41.4% |
| Total equity and liabilities | 10/49 | €91,079 | €86,549 | -€4,530 | -5.0% |
| Equity | 10/15 | €52,554 | €63,795 | +€11,241 | +21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,954 | €45,195 | +€11,241 | +33.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,094 | €43,335 | +€11,241 | +35.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,525 | €22,754 | -€15,771 | -40.9% |
| Amounts payable after more than one year | 17 | €18,507 | €6,938 | -€11,569 | -62.5% |
| Financial debts | 170/4 | €18,507 | €6,938 | -€11,569 | -62.5% |
| Amounts payable within one year | 42/48 | €20,017 | €15,816 | -€4,202 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €11,172 | €11,569 | +€397 | +3.6% |
| Trade debts | 44 | €30 | €263 | +€234 | +791% |
| Suppliers | 440/4 | €30 | €263 | +€234 | +791% |
| Taxes, remuneration and social security | 45 | €2,645 | €3,983 | +€1,338 | +50.6% |
| Taxes | 450/3 | €2,645 | €3,983 | +€1,338 | +50.6% |
| Other amounts payable | 47/48 | €6,171 | €0 | -€6,171 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,000 | €12,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,938 | €1,417 | -€1,521 | -51.8% |
| Gross operating margin | 9900 | €32,866 | €37,607 | +€4,741 | +14.4% |
| Operating profit (loss) | 9901 | €17,928 | €24,191 | +€6,262 | +34.9% |
| Financial income | 75/76B | €23 | €642 | +€619 | +2,675% |
| Recurring financial income | 75 | €23 | €642 | +€619 | +2,675% |
| Financial charges | 65/66B | €5,528 | €4,609 | -€919 | -16.6% |
| Recurring financial charges | 65 | €5,528 | €4,609 | -€919 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €12,424 | €20,224 | +€7,800 | +62.8% |
| Income taxes | 67/77 | €3,607 | €8,983 | +€5,376 | +149% |
| Profit (loss) for the period | 9904 | €8,816 | €11,241 | +€2,425 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,816 | €11,241 | +€2,425 | +27.5% |
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 29 October 2026 via checked.be.