M.S. TRANSPORT: what changed
M.S. TRANSPORT
Largest movements
- Cash -€3,135
down €3,135 (-76.9%), from €4,078 to €943
mainly Other debts (-€7,000) and Trade debts (-€1,294)
- Intangible fixed assets -€512
down €512 (-75.0%), from €682 to €171
- Receivables within one year +€130
up €130 (+6.0%), from €2,159 to €2,289
of which Other amounts receivable: +€238
- Deferred charges and accrued income -€98
no longer reported in 2025 (was €98)
- Other debts -€7,000
down €7,000 (-33.3%), from €21,000 to €14,000
- Profit (loss) carried forward +€4,680
up €4,680 (+23.2%), from -€20,213 to -€15,533
- Trade debts -€1,294
down €1,294 (-90.5%), from €1,431 to €136
- Gross operating margin +€24,557
up €24,557, from -€19,043 to €5,514
- Other operating charges -€608
no longer reported in 2025 (was €608)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,217 | €3,603 | -€3,614 | -50.1% |
| Fixed assets | 21/28 | €882 | €371 | -€512 | -58.0% |
| Intangible fixed assets | 21 | €682 | €171 | -€512 | -75.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €6,335 | €3,233 | -€3,102 | -49.0% |
| Amounts receivable within one year | 40/41 | €2,159 | €2,289 | +€130 | +6.0% |
| Trade receivables | 40 | €107 | - | -€107 | |
| Other amounts receivable | 41 | €2,051 | €2,289 | +€238 | +11.6% |
| Cash at bank and in hand | 54/58 | €4,078 | €943 | -€3,135 | -76.9% |
| Deferred charges and accrued income | 490/1 | €98 | - | -€98 | |
| Total equity and liabilities | 10/49 | €7,217 | €3,603 | -€3,614 | -50.1% |
| Equity | 10/15 | -€15,213 | -€10,533 | +€4,680 | +30.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,213 | -€15,533 | +€4,680 | +23.2% |
| Amounts payable | 17/49 | €22,431 | €14,136 | -€8,294 | -37.0% |
| Amounts payable within one year | 42/48 | €22,431 | €14,136 | -€8,294 | -37.0% |
| Trade debts | 44 | €1,431 | €136 | -€1,294 | -90.5% |
| Suppliers | 440/4 | €1,431 | €136 | -€1,294 | -90.5% |
| Other amounts payable | 47/48 | €21,000 | €14,000 | -€7,000 | -33.3% |
| Non-recurring operating income | 76A | - | €1,451 | +€1,451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | €512 | +€171 | +50.0% |
| Other operating charges | 640/8 | €608 | - | -€608 | |
| Gross operating margin | 9900 | -€19,043 | €5,514 | +€24,557 | |
| Operating profit (loss) | 9901 | -€19,992 | €5,002 | +€24,994 | |
| Financial charges | 65/66B | €221 | €322 | +€101 | +45.8% |
| Recurring financial charges | 65 | €221 | €322 | +€101 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,213 | €4,680 | +€24,893 | |
| Profit (loss) for the period | 9904 | -€20,213 | €4,680 | +€24,893 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,213 | €4,680 | +€24,893 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.