MS ACOUSTIC: 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 ACOUSTIC
Largest movements
- Cash +€8,633
new in 2025: €8,633
mainly Net result for the year (+€11,742) and Receivables within one year (+€8,143)
- Receivables within one year -€8,143
no longer reported in 2025 (was €8,143)
- Stocks and contracts +€4,041
up €4,041 (+11.5%), from €35,003 to €39,044
- Tangible fixed assets -€1,313
down €1,313 (-19.9%), from €6,584 to €5,271
of which Assets under construction and advance payments: -€3,179
- Short-term financial debts -€13,261
no longer reported in 2025 (was €13,261)
- Profit (loss) carried forward +€11,742
up €11,742, from -€2,109 to €9,633
- Trade debts +€4,700
up €4,700 (+59.0%), from €7,971 to €12,671
- Tax, wage and social debts +€2,578
up €2,578 (+149%), from €1,731 to €4,309
- Other debts -€2,541
down €2,541 (-26.2%), from €9,715 to €7,174
- Staff costs -€37,507
no longer reported in 2025 (was €37,507)
- Gross operating margin -€29,269
down €29,269 (-62.5%), from €46,818 to €17,548
- Taxes +€2,013
new in 2025: €2,013
- Financial charges +€871
up €871 (+35.8%), from €2,434 to €3,305
- Financial income +€613
up €613 (+290%), from €211 to €825
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 | €51,030 | €54,248 | +€3,218 | +6.3% |
| Fixed assets | 21/28 | €7,884 | €6,571 | -€1,313 | -16.7% |
| Tangible fixed assets | 22/27 | €6,584 | €5,271 | -€1,313 | -19.9% |
| Plant, machinery and equipment | 23 | €3,405 | €2,728 | -€677 | -19.9% |
| Other tangible fixed assets | 26 | - | €2,543 | +€2,543 | |
| Assets under construction and advance payments | 27 | €3,179 | - | -€3,179 | |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €43,146 | €47,676 | +€4,531 | +10.5% |
| Stocks and contracts in progress | 3 | €35,003 | €39,044 | +€4,041 | +11.5% |
| Stocks | 30/36 | €35,003 | €39,044 | +€4,041 | +11.5% |
| Amounts receivable within one year | 40/41 | €8,143 | - | -€8,143 | |
| Trade receivables | 40 | €8,143 | - | -€8,143 | |
| Cash at bank and in hand | 54/58 | - | €8,633 | +€8,633 | |
| Total equity and liabilities | 10/49 | €51,030 | €54,248 | +€3,218 | +6.3% |
| Equity | 10/15 | €18,351 | €30,093 | +€11,742 | +64.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€2,109 | €9,633 | +€11,742 | |
| Amounts payable | 17/49 | €32,679 | €24,155 | -€8,524 | -26.1% |
| Amounts payable within one year | 42/48 | €32,679 | €24,155 | -€8,524 | -26.1% |
| Financial debts | 43 | €13,261 | - | -€13,261 | |
| Credit institutions | 430/8 | €13,261 | - | -€13,261 | |
| Trade debts | 44 | €7,971 | €12,671 | +€4,700 | +59.0% |
| Suppliers | 440/4 | €7,971 | €12,671 | +€4,700 | +59.0% |
| Taxes, remuneration and social security | 45 | €1,731 | €4,309 | +€2,578 | +149% |
| Taxes | 450/3 | €1,731 | €4,309 | +€2,578 | +149% |
| Other amounts payable | 47/48 | €9,715 | €7,174 | -€2,541 | -26.2% |
| Remuneration, social security and pensions | 62 | €37,507 | - | -€37,507 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €991 | €1,313 | +€323 | +32.6% |
| Other operating charges | 640/8 | €532 | - | -€532 | |
| Gross operating margin | 9900 | €46,818 | €17,548 | -€29,269 | -62.5% |
| Operating profit (loss) | 9901 | €7,788 | €16,235 | +€8,447 | +108% |
| Financial income | 75/76B | €211 | €825 | +€613 | +290% |
| Recurring financial income | 75 | €211 | €825 | +€613 | +290% |
| Financial charges | 65/66B | €2,434 | €3,305 | +€871 | +35.8% |
| Recurring financial charges | 65 | €2,434 | €3,305 | +€871 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €5,566 | €13,755 | +€8,189 | +147% |
| Income taxes | 67/77 | - | €2,013 | +€2,013 | |
| Profit (loss) for the period | 9904 | €5,566 | €11,742 | +€6,176 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €5,566 | €11,742 | +€6,176 | +111% |
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 16 October 2026 via checked.be.