MRSA: 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.
MRSA
Largest movements
- Receivables within one year -€5,913
down €5,913 (-35.5%), from €16,664 to €10,751
of which Trade receivables: -€6,587
- Cash -€1,133
down €1,133 (-8.4%), from €13,409 to €12,276
mainly Tax, wage and social debts (-€6,331) and Other debts (-€2,118)
- Tangible fixed assets +€358
up €358 (+8.3%), from €4,309 to €4,667
of which Plant, machinery and equipment: +€897
- Tax, wage and social debts -€6,331
down €6,331 (-96.6%), from €6,551 to €221
of which Taxes: -€4,431
- Other debts -€2,118
down €2,118 (-18.3%), from €11,582 to €9,464
- Reserves +€1,704
up €1,704 (+23.8%), from €7,165 to €8,870
of which Distributable reserves: +€3,564
- Gross operating margin -€9,876
down €9,876 (-80.0%), from €12,351 to €2,475
- Taxes -€4,431
down €4,431 (-95.3%), from €4,651 to €221
- Depreciation +€260
up €260 (+42.7%), from €608 to €868
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 | €34,409 | €27,694 | -€6,715 | -19.5% |
| Fixed assets | 21/28 | €4,309 | €4,667 | +€358 | +8.3% |
| Tangible fixed assets | 22/27 | €4,309 | €4,667 | +€358 | +8.3% |
| Plant, machinery and equipment | 23 | €668 | €1,565 | +€897 | +134.4% |
| Other tangible fixed assets | 26 | €3,642 | €3,102 | -€540 | -14.8% |
| Current assets | 29/58 | €30,099 | €23,027 | -€7,072 | -23.5% |
| Amounts receivable within one year | 40/41 | €16,664 | €10,751 | -€5,913 | -35.5% |
| Trade receivables | 40 | €16,057 | €9,470 | -€6,587 | -41.0% |
| Other amounts receivable | 41 | €608 | €1,281 | +€673 | +110.8% |
| Cash at bank and in hand | 54/58 | €13,409 | €12,276 | -€1,133 | -8.4% |
| Deferred charges and accrued income | 490/1 | €26 | - | -€26 | |
| Total equity and liabilities | 10/49 | €34,409 | €27,694 | -€6,715 | -19.5% |
| Equity | 10/15 | €13,365 | €14,882 | +€1,517 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,165 | €8,870 | +€1,704 | +23.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €5,305 | €8,870 | +€3,564 | +67.2% |
| Profit (loss) carried forward | 14 | - | -€187 | -€187 | |
| Amounts payable | 17/49 | €21,043 | €12,812 | -€8,232 | -39.1% |
| Amounts payable within one year | 42/48 | €21,043 | €12,812 | -€8,232 | -39.1% |
| Trade debts | 44 | €2,910 | €3,128 | +€217 | +7.5% |
| Suppliers | 440/4 | €2,910 | €3,128 | +€217 | +7.5% |
| Taxes, remuneration and social security | 45 | €6,551 | €221 | -€6,331 | -96.6% |
| Taxes | 450/3 | €4,651 | €221 | -€4,431 | -95.3% |
| Remuneration and social security | 454/9 | €1,900 | - | -€1,900 | |
| Other amounts payable | 47/48 | €11,582 | €9,464 | -€2,118 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €608 | €868 | +€260 | +42.7% |
| Other operating charges | 640/8 | €821 | €876 | +€56 | +6.8% |
| Gross operating margin | 9900 | €12,351 | €2,475 | -€9,876 | -80.0% |
| Operating profit (loss) | 9901 | €10,922 | €731 | -€10,192 | -93.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €344 | €301 | -€44 | -12.7% |
| Recurring financial charges | 65 | €344 | €301 | -€44 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €10,578 | €430 | -€10,148 | -95.9% |
| Income taxes | 67/77 | €4,651 | €221 | -€4,431 | -95.3% |
| Profit (loss) for the period | 9904 | €5,927 | €210 | -€5,717 | -96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,927 | €210 | -€5,717 | -96.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.