MBS Halisi: 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.
MBS Halisi
Largest movements
- Cash -€8,348
down €8,348 (-100.0%), from €8,349 to €1
mainly Net result for the year (-€13,572) and Other debts (-€3,306)
- Tangible fixed assets -€6,067
down €6,067 (-98.6%), from €6,153 to €85
of which Furniture and vehicles: -€5,918
- Receivables within one year -€879
no longer reported in 2025 (was €879)
- Deferred charges and accrued income +€427
new in 2025: €427
- Profit (loss) carried forward -€13,572
down €13,572 (-68.5%), from -€19,817 to -€33,388
- Other debts -€3,306
down €3,306 (-10.8%), from €30,670 to €27,364
- Tax, wage and social debts +€1,262
up €1,262 (+80.8%), from €1,563 to €2,825
of which Remuneration and social security: +€1,370
- Trade debts +€748
up €748 (+174%), from €430 to €1,178
- Gross operating margin +€8,976
up €8,976 (+56.4%), from -€15,917 to -€6,941
- Depreciation -€749
down €749 (-11.0%), from €6,816 to €6,067
- Other operating charges -€460
down €460 (-56.4%), from €816 to €356
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 | €15,380 | €513 | -€14,867 | -96.7% |
| Fixed assets | 21/28 | €6,153 | €85 | -€6,067 | -98.6% |
| Tangible fixed assets | 22/27 | €6,153 | €85 | -€6,067 | -98.6% |
| Plant, machinery and equipment | 23 | €235 | €85 | -€150 | -63.7% |
| Furniture and vehicles | 24 | €5,918 | - | -€5,918 | |
| Current assets | 29/58 | €9,228 | €428 | -€8,800 | -95.4% |
| Amounts receivable within one year | 40/41 | €879 | - | -€879 | |
| Trade receivables | 40 | €879 | - | -€879 | |
| Cash at bank and in hand | 54/58 | €8,349 | €1 | -€8,348 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €427 | +€427 | |
| Total equity and liabilities | 10/49 | €15,380 | €513 | -€14,867 | -96.7% |
| Equity | 10/15 | -€17,317 | -€30,888 | -€13,572 | -78.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,817 | -€33,388 | -€13,572 | -68.5% |
| Amounts payable | 17/49 | €32,697 | €31,401 | -€1,296 | -4.0% |
| Amounts payable within one year | 42/48 | €32,663 | €31,367 | -€1,296 | -4.0% |
| Trade debts | 44 | €430 | €1,178 | +€748 | +174% |
| Suppliers | 440/4 | €430 | €1,178 | +€748 | +174% |
| Taxes, remuneration and social security | 45 | €1,563 | €2,825 | +€1,262 | +80.8% |
| Taxes | 450/3 | €249 | €141 | -€108 | -43.3% |
| Remuneration and social security | 454/9 | €1,314 | €2,684 | +€1,370 | +104% |
| Other amounts payable | 47/48 | €30,670 | €27,364 | -€3,306 | -10.8% |
| Accrued charges and deferred income | 492/3 | €34 | €34 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,816 | €6,067 | -€749 | -11.0% |
| Other operating charges | 640/8 | €816 | €356 | -€460 | -56.4% |
| Gross operating margin | 9900 | -€15,917 | -€6,941 | +€8,976 | +56.4% |
| Operating profit (loss) | 9901 | -€23,550 | -€13,365 | +€10,185 | +43.2% |
| Financial income | 75/76B | €10 | €0 | -€9 | -95.3% |
| Recurring financial income | 75 | €10 | €0 | -€9 | -95.3% |
| Financial charges | 65/66B | €124 | €67 | -€58 | -46.6% |
| Recurring financial charges | 65 | €124 | €67 | -€58 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,665 | -€13,431 | +€10,234 | +43.2% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€23,665 | -€13,572 | +€10,093 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,665 | -€13,572 | +€10,093 | +42.7% |
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 16 October 2026 via checked.be.