M.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.Soins
Largest movements
- Cash +€9,132
up €9,132 (+64.5%), from €14,156 to €23,287
mainly Net result for the year (+€13,838) and Trade debts (+€1,512)
- Tangible fixed assets +€1,608
new in 2025: €1,608
of which Plant, machinery and equipment: +€1,432
- Receivables within one year +€706
up €706 (+6.4%), from €10,979 to €11,685
of which Trade receivables: +€1,383
- Reserves +€10,338
up €10,338 (+112%), from €9,264 to €19,603
- Trade debts +€1,512
up €1,512 (+53.2%), from €2,843 to €4,355
- Tax, wage and social debts -€896
down €896 (-46.4%), from €1,930 to €1,034
- Other debts +€494
up €494 (+11.5%), from €4,281 to €4,775
- Gross operating margin +€7,644
up €7,644 (+59.8%), from €12,789 to €20,433
- Taxes +€4,102
up €4,102 (+472%), from €868 to €4,970
- Depreciation +€393
new in 2025: €393
- Staff costs +€285
up €285 (+115%), from €248 to €533
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 | €26,654 | €38,101 | +€11,447 | +42.9% |
| Fixed assets | 21/28 | €180 | €1,788 | +€1,608 | +893% |
| Tangible fixed assets | 22/27 | - | €1,608 | +€1,608 | |
| Plant, machinery and equipment | 23 | - | €1,432 | +€1,432 | |
| Furniture and vehicles | 24 | - | €176 | +€176 | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €26,474 | €36,313 | +€9,840 | +37.2% |
| Amounts receivable within one year | 40/41 | €10,979 | €11,685 | +€706 | +6.4% |
| Trade receivables | 40 | €8,377 | €9,760 | +€1,383 | +16.5% |
| Other amounts receivable | 41 | €2,602 | €1,925 | -€677 | -26.0% |
| Cash at bank and in hand | 54/58 | €14,156 | €23,287 | +€9,132 | +64.5% |
| Deferred charges and accrued income | 490/1 | €1,339 | €1,341 | +€2 | +0.1% |
| Total equity and liabilities | 10/49 | €26,654 | €38,101 | +€11,447 | +42.9% |
| Equity | 10/15 | €17,599 | €27,937 | +€10,338 | +58.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,264 | €19,603 | +€10,338 | +112% |
| Distributable reserves | 133 | €9,264 | €19,603 | +€10,338 | +112% |
| Profit (loss) carried forward | 14 | €2,135 | €2,135 | = | 0.0% |
| Amounts payable | 17/49 | €9,054 | €10,163 | +€1,109 | +12.2% |
| Amounts payable within one year | 42/48 | €9,054 | €10,163 | +€1,109 | +12.2% |
| Trade debts | 44 | €2,843 | €4,355 | +€1,512 | +53.2% |
| Suppliers | 440/4 | €2,843 | €4,355 | +€1,512 | +53.2% |
| Taxes, remuneration and social security | 45 | €1,930 | €1,034 | -€896 | -46.4% |
| Taxes | 450/3 | €1,930 | €1,034 | -€896 | -46.4% |
| Other amounts payable | 47/48 | €4,281 | €4,775 | +€494 | +11.5% |
| Remuneration, social security and pensions | 62 | €248 | €533 | +€285 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €393 | +€393 | |
| Other operating charges | 640/8 | €607 | €620 | +€12 | +2.0% |
| Gross operating margin | 9900 | €12,789 | €20,433 | +€7,644 | +59.8% |
| Operating profit (loss) | 9901 | €11,933 | €18,887 | +€6,953 | +58.3% |
| Financial charges | 65/66B | €161 | €79 | -€82 | -51.1% |
| Recurring financial charges | 65 | €161 | €79 | -€82 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €11,773 | €18,808 | +€7,035 | +59.8% |
| Income taxes | 67/77 | €868 | €4,970 | +€4,102 | +472% |
| Profit (loss) for the period | 9904 | €10,904 | €13,838 | +€2,934 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,904 | €13,838 | +€2,934 | +26.9% |
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 18 October 2026 via checked.be.