MESSANCYDIS: 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.
MESSANCYDIS
Largest movements
- Receivables within one year -€31,161
down €31,161 (-27.3%), from €114,342 to €83,181
of which Trade receivables: -€32,384
- Stocks and contracts +€22,856
up €22,856 (+30.5%), from €75,021 to €97,877
- Cash +€10,454
up €10,454 (+12.4%), from €84,518 to €94,973
mainly Receivables within one year (+€31,161) and Net result for the year (+€30,810)
- Tangible fixed assets -€3,352
down €3,352 (-21.2%), from €15,814 to €12,462
of which Plant, machinery and equipment: -€2,775
- Tax, wage and social debts -€13,837
down €13,837 (-30.7%), from €45,094 to €31,256
of which Remuneration and social security: -€12,859
- Other debts +€9,300
up €9,300 (+41.7%), from €22,320 to €31,620
- Trade debts +€3,231
up €3,231 (+1.4%), from €227,541 to €230,772
- Staff costs -€20,147
down €20,147 (-12.7%), from €158,977 to €138,830
- Other operating charges +€6,278
up €6,278 (+13.1%), from €47,924 to €54,202
- Financial charges +€4,802
up €4,802 (+41.9%), from €11,452 to €16,254
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 | €318,870 | €316,323 | -€2,547 | -0.8% |
| Fixed assets | 21/28 | €24,521 | €21,169 | -€3,352 | -13.7% |
| Tangible fixed assets | 22/27 | €15,814 | €12,462 | -€3,352 | -21.2% |
| Plant, machinery and equipment | 23 | €14,354 | €11,579 | -€2,775 | -19.3% |
| Furniture and vehicles | 24 | €1,460 | €883 | -€577 | -39.5% |
| Financial fixed assets | 28 | €8,707 | €8,707 | = | 0.0% |
| Current assets | 29/58 | €294,349 | €295,154 | +€805 | +0.3% |
| Stocks and contracts in progress | 3 | €75,021 | €97,877 | +€22,856 | +30.5% |
| Stocks | 30/36 | €75,021 | €97,877 | +€22,856 | +30.5% |
| Amounts receivable within one year | 40/41 | €114,342 | €83,181 | -€31,161 | -27.3% |
| Trade receivables | 40 | €84,567 | €52,182 | -€32,384 | -38.3% |
| Other amounts receivable | 41 | €29,776 | €30,999 | +€1,223 | +4.1% |
| Cash at bank and in hand | 54/58 | €84,518 | €94,973 | +€10,454 | +12.4% |
| Deferred charges and accrued income | 490/1 | €20,467 | €19,123 | -€1,345 | -6.6% |
| Total equity and liabilities | 10/49 | €318,870 | €316,323 | -€2,547 | -0.8% |
| Equity | 10/15 | €21,633 | €20,823 | -€810 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,033 | €2,223 | -€810 | -26.7% |
| Distributable reserves | 133 | €3,033 | €2,223 | -€810 | -26.7% |
| Amounts payable | 17/49 | €297,237 | €295,500 | -€1,737 | -0.6% |
| Amounts payable within one year | 42/48 | €294,955 | €293,648 | -€1,307 | -0.4% |
| Trade debts | 44 | €227,541 | €230,772 | +€3,231 | +1.4% |
| Suppliers | 440/4 | €227,541 | €230,772 | +€3,231 | +1.4% |
| Taxes, remuneration and social security | 45 | €45,094 | €31,256 | -€13,837 | -30.7% |
| Taxes | 450/3 | €9,249 | €8,270 | -€979 | -10.6% |
| Remuneration and social security | 454/9 | €35,845 | €22,986 | -€12,859 | -35.9% |
| Other amounts payable | 47/48 | €22,320 | €31,620 | +€9,300 | +41.7% |
| Accrued charges and deferred income | 492/3 | €2,282 | €1,852 | -€430 | -18.9% |
| Remuneration, social security and pensions | 62 | €158,977 | €138,830 | -€20,147 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,285 | €5,603 | +€318 | +6.0% |
| Other operating charges | 640/8 | €47,924 | €54,202 | +€6,278 | +13.1% |
| Gross operating margin | 9900 | €255,091 | €256,213 | +€1,122 | +0.4% |
| Operating profit (loss) | 9901 | €42,905 | €57,577 | +€14,672 | +34.2% |
| Financial income | 75/76B | - | €191 | +€191 | |
| Recurring financial income | 75 | - | €191 | +€191 | |
| Non-recurring financial income | 76B | - | €191 | +€191 | |
| Financial charges | 65/66B | €11,452 | €16,254 | +€4,802 | +41.9% |
| Recurring financial charges | 65 | €11,452 | €16,254 | +€4,802 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €31,453 | €41,515 | +€10,062 | +32.0% |
| Income taxes | 67/77 | €8,151 | €10,705 | +€2,554 | +31.3% |
| Profit (loss) for the period | 9904 | €23,302 | €30,810 | +€7,508 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,302 | €30,810 | +€7,508 | +32.2% |
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 1 October 2026 via checked.be.