MFS TRUCKS: what changed
What changed
MFS TRUCKS
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€2,440
2024 · -€25,871+€28,311
Equity
-€13,475
2024 · -€15,914+€2,440
Cash
€64,273
2024 · €51,577+€12,697
Balance sheet total
€123,869
2024 · €123,738+€132
Largest movements
Assets
- Cash +€12,697
up €12,697 (+24.6%), from €51,577 to €64,273
mainly Depreciation (+€9,518) and Receivables within one year (+€4,351)
- Tangible fixed assets -€8,935
down €8,935 (-23.6%), from €37,879 to €28,944
- Receivables within one year -€4,351
down €4,351 (-39.6%), from €10,991 to €6,640
of which Trade receivables: -€4,235
- Deferred charges and accrued income +€1,555
up €1,555 (+148%), from €1,049 to €2,603
Equity and liabilities
- Trade debts -€4,735
down €4,735 (-13.1%), from €36,120 to €31,385
- Tax, wage and social debts +€3,615
up €3,615 (+172%), from €2,103 to €5,718
- Profit (loss) carried forward +€2,440
up €2,440 (+4.5%), from -€54,028 to -€51,589
Income statement
- Gross operating margin +€24,085
up €24,085, from -€9,288 to €14,797
- Depreciation -€4,548
down €4,548 (-32.3%), from €14,066 to €9,518
- Other operating charges +€406
up €406 (+22.4%), from €1,812 to €2,218
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.
Result 2024
-€25,871
Gross operating margin
+€24,085
Depreciation
+€4,548
Other operating charges
-€406
Other operating items
+€154
Financial income
-€12
Financial charges
-€46
Taxes
-€12
Result 2025
€2,440
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€12,697
Investment
€0
Financing
€0
Cash 2024
€51,577
From operations (derived)
+€12,697
Net result for the year
+€2,440
Depreciation
+€9,518
Stocks and contracts
+€250
Receivables within one year
+€4,351
Deferred charges and accrued income
-€1,555
Trade debts
-€4,735
Tax, wage and social debts
+€3,615
Other debts
-€1,188
Cash 2025
€64,273
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,738 | €123,869 | +€132 | +0.1% |
| Fixed assets | 21/28 | €38,993 | €29,475 | -€9,518 | -24.4% |
| Intangible fixed assets | 21 | €1,064 | €481 | -€583 | -54.8% |
| Tangible fixed assets | 22/27 | €37,879 | €28,944 | -€8,935 | -23.6% |
| Land and buildings | 22 | €29,006 | €24,983 | -€4,023 | -13.9% |
| Plant, machinery and equipment | 23 | €471 | - | -€471 | |
| Furniture and vehicles | 24 | €8,401 | €3,961 | -€4,440 | -52.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €84,745 | €94,395 | +€9,650 | +11.4% |
| Stocks and contracts in progress | 3 | €21,128 | €20,878 | -€250 | -1.2% |
| Stocks | 30/36 | €21,128 | €20,878 | -€250 | -1.2% |
| Amounts receivable within one year | 40/41 | €10,991 | €6,640 | -€4,351 | -39.6% |
| Trade receivables | 40 | €10,875 | €6,640 | -€4,235 | -38.9% |
| Other amounts receivable | 41 | €116 | - | -€116 | |
| Cash at bank and in hand | 54/58 | €51,577 | €64,273 | +€12,697 | +24.6% |
| Deferred charges and accrued income | 490/1 | €1,049 | €2,603 | +€1,555 | +148% |
| Total equity and liabilities | 10/49 | €123,738 | €123,869 | +€132 | +0.1% |
| Equity | 10/15 | -€15,914 | -€13,475 | +€2,440 | +15.3% |
| Contributions | 10/11 | €36,205 | €36,205 | = | 0.0% |
| Reserves | 13 | €1,909 | €1,909 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,909 | €1,909 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,909 | €1,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,028 | -€51,589 | +€2,440 | +4.5% |
| Amounts payable | 17/49 | €139,652 | €137,344 | -€2,308 | -1.7% |
| Amounts payable within one year | 42/48 | €139,652 | €137,344 | -€2,308 | -1.7% |
| Trade debts | 44 | €36,120 | €31,385 | -€4,735 | -13.1% |
| Suppliers | 440/4 | €36,120 | €31,385 | -€4,735 | -13.1% |
| Taxes, remuneration and social security | 45 | €2,103 | €5,718 | +€3,615 | +172% |
| Taxes | 450/3 | €2,103 | €5,718 | +€3,615 | +172% |
| Other amounts payable | 47/48 | €101,429 | €100,242 | -€1,188 | -1.2% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,066 | €9,518 | -€4,548 | -32.3% |
| Other operating charges | 640/8 | €1,812 | €2,218 | +€406 | +22.4% |
| Non-recurring operating charges | 66A | €369 | €215 | -€154 | -41.7% |
| Gross operating margin | 9900 | -€9,288 | €14,797 | +€24,085 | |
| Operating profit (loss) | 9901 | -€25,536 | €2,845 | +€28,381 | |
| Financial income | 75/76B | €14 | €2 | -€12 | -85.9% |
| Recurring financial income | 75 | €14 | €2 | -€12 | -85.9% |
| Financial charges | 65/66B | €104 | €150 | +€46 | +43.9% |
| Recurring financial charges | 65 | €104 | €150 | +€46 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,626 | €2,697 | +€28,323 | |
| Income taxes | 67/77 | €246 | €258 | +€12 | +4.9% |
| Profit (loss) for the period | 9904 | -€25,871 | €2,440 | +€28,311 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,871 | €2,440 | +€28,311 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.