MS Accountancy: 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.
MS Accountancy
Largest movements
- Cash +€44,126
up €44,126 (+547%), from €8,070 to €52,196
mainly Net result for the year (+€39,162) and Tax, wage and social debts (+€16,819)
- Tangible fixed assets -€8,709
down €8,709 (-20.9%), from €41,768 to €33,059
of which Furniture and vehicles: -€8,377
- Receivables within one year +€2,503
up €2,503 (+20.4%), from €12,256 to €14,760
- Reserves +€38,329
up €38,329 (+938%), from €4,086 to €42,416
- Tax, wage and social debts +€16,819
up €16,819 (+318%), from €5,286 to €22,104
of which Taxes: +€16,965
- Debts after one year -€8,388
down €8,388 (-34.1%), from €24,600 to €16,212
- Other debts -€7,137
down €7,137 (-38.6%), from €18,513 to €11,376
- Trade debts -€1,591
down €1,591 (-86.0%), from €1,851 to €260
- Gross operating margin +€54,408
up €54,408 (+497%), from €10,952 to €65,361
- Taxes +€13,070
up €13,070 (+587%), from €2,226 to €15,296
- Depreciation +€6,881
up €6,881 (+376%), from €1,828 to €8,709
- Financial charges +€1,509
up €1,509 (+220%), from €685 to €2,193
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 | €63,217 | €102,107 | +€38,890 | +61.5% |
| Fixed assets | 21/28 | €41,768 | €33,059 | -€8,709 | -20.9% |
| Tangible fixed assets | 22/27 | €41,768 | €33,059 | -€8,709 | -20.9% |
| Plant, machinery and equipment | 23 | €1,579 | €1,247 | -€332 | -21.0% |
| Furniture and vehicles | 24 | €40,189 | €31,812 | -€8,377 | -20.8% |
| Current assets | 29/58 | €21,450 | €69,049 | +€47,599 | +222% |
| Amounts receivable within one year | 40/41 | €12,256 | €14,760 | +€2,503 | +20.4% |
| Trade receivables | 40 | €12,256 | €14,760 | +€2,503 | +20.4% |
| Cash at bank and in hand | 54/58 | €8,070 | €52,196 | +€44,126 | +547% |
| Deferred charges and accrued income | 490/1 | €1,123 | €2,093 | +€970 | +86.3% |
| Total equity and liabilities | 10/49 | €63,217 | €102,107 | +€38,890 | +61.5% |
| Equity | 10/15 | €4,586 | €42,916 | +€38,329 | +836% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €4,086 | €42,416 | +€38,329 | +938% |
| Distributable reserves | 133 | €4,086 | €42,416 | +€38,329 | +938% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,631 | €59,192 | +€560 | +1.0% |
| Amounts payable after more than one year | 17 | €24,600 | €16,212 | -€8,388 | -34.1% |
| Financial debts | 170/4 | €24,600 | €16,212 | -€8,388 | -34.1% |
| Amounts payable within one year | 42/48 | €33,732 | €42,128 | +€8,396 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €8,082 | €8,388 | +€306 | +3.8% |
| Trade debts | 44 | €1,851 | €260 | -€1,591 | -86.0% |
| Suppliers | 440/4 | €1,851 | €260 | -€1,591 | -86.0% |
| Taxes, remuneration and social security | 45 | €5,286 | €22,104 | +€16,819 | +318% |
| Taxes | 450/3 | €3,439 | €20,404 | +€16,965 | +493% |
| Remuneration and social security | 454/9 | €1,847 | €1,700 | -€147 | -8.0% |
| Other amounts payable | 47/48 | €18,513 | €11,376 | -€7,137 | -38.6% |
| Accrued charges and deferred income | 492/3 | €299 | €852 | +€552 | +185% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,828 | €8,709 | +€6,881 | +376% |
| Other operating charges | 640/8 | €435 | €0 | -€435 | -100% |
| Gross operating margin | 9900 | €10,952 | €65,361 | +€54,408 | +497% |
| Operating profit (loss) | 9901 | €8,689 | €56,651 | +€47,962 | +552% |
| Financial charges | 65/66B | €685 | €2,193 | +€1,509 | +220% |
| Recurring financial charges | 65 | €685 | €2,193 | +€1,509 | +220% |
| Profit (loss) for the period before taxes | 9903 | €8,004 | €54,458 | +€46,454 | +580% |
| Income taxes | 67/77 | €2,226 | €15,296 | +€13,070 | +587% |
| Profit (loss) for the period | 9904 | €5,778 | €39,162 | +€33,384 | +578% |
| Profit (loss) for the period to be appropriated | 9905 | €5,778 | €39,162 | +€33,384 | +578% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.