MESSANCY GF: what changed
Two fiscal 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.
MESSANCY GF
Largest movements
- Cash -€329,824
down €329,824 (-61.8%), from €533,835 to €204,012
mainly Contributions, distributions and other (-€209,000) and Other debts (-€208,867)
- Tangible fixed assets -€105,721
down €105,721 (-7.2%), from €1.5m to €1.4m
- Other debts -€208,867
down €208,867 (-50.0%), from €417,867 to €209,000
- Debts after one year -€123,333
down €123,333 (-22.2%), from €555,000 to €431,667
- Profit (loss) carried forward -€92,128
down €92,128 (-99.0%), from €93,081 to €953
- Financial charges -€22,832
down €22,832 (-39.8%), from €57,387 to €34,555
- Gross operating margin +€9,383
up €9,383 (+3.0%), from €309,527 to €318,911
- Taxes +€7,930
up €7,930 (+25.6%), from €31,027 to €38,957
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.
Cash bridge derived
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 | €2,005,426 | €1,563,409 | -€442,017 | -22.0% |
| Fixed assets | 21/28 | €1,461,118 | €1,355,397 | -€105,721 | -7.2% |
| Tangible fixed assets | 22/27 | €1,461,118 | €1,355,397 | -€105,721 | -7.2% |
| Land and buildings | 22 | €1,461,118 | €1,355,397 | -€105,721 | -7.2% |
| Current assets | 29/58 | €544,308 | €208,012 | -€336,297 | -61.8% |
| Amounts receivable within one year | 40/41 | €6,473 | - | -€6,473 | |
| Other amounts receivable | 41 | €6,473 | - | -€6,473 | |
| Cash at bank and in hand | 54/58 | €533,835 | €204,012 | -€329,824 | -61.8% |
| Deferred charges and accrued income | 490/1 | €4,000 | €4,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,005,426 | €1,563,409 | -€442,017 | -22.0% |
| Equity | 10/15 | €810,645 | €718,517 | -€92,128 | -11.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €699,014 | €699,014 | = | 0.0% |
| Distributable reserves | 133 | €699,014 | €699,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,081 | €953 | -€92,128 | -99.0% |
| Amounts payable | 17/49 | €1,194,781 | €844,892 | -€349,889 | -29.3% |
| Amounts payable after more than one year | 17 | €555,000 | €431,667 | -€123,333 | -22.2% |
| Financial debts | 170/4 | €555,000 | €431,667 | -€123,333 | -22.2% |
| Amounts payable within one year | 42/48 | €541,200 | €333,791 | -€207,409 | -38.3% |
| Current portion of amounts payable after more than one year | 42 | €123,333 | €123,333 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €1,457 | +€1,457 | |
| Taxes | 450/3 | - | €1,457 | +€1,457 | |
| Other amounts payable | 47/48 | €417,867 | €209,000 | -€208,867 | -50.0% |
| Accrued charges and deferred income | 492/3 | €98,581 | €79,434 | -€19,147 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,721 | €105,721 | = | 0.0% |
| Other operating charges | 640/8 | €22,312 | €22,805 | +€493 | +2.2% |
| Gross operating margin | 9900 | €309,527 | €318,911 | +€9,383 | +3.0% |
| Operating profit (loss) | 9901 | €181,495 | €190,385 | +€8,890 | +4.9% |
| Financial charges | 65/66B | €57,387 | €34,555 | -€22,832 | -39.8% |
| Recurring financial charges | 65 | €57,387 | €34,555 | -€22,832 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €124,108 | €155,830 | +€31,722 | +25.6% |
| Income taxes | 67/77 | €31,027 | €38,957 | +€7,930 | +25.6% |
| Profit (loss) for the period | 9904 | €93,081 | €116,872 | +€23,791 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,081 | €116,872 | +€23,791 | +25.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.