MS Beauty: 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 Beauty
Largest movements
- Cash -€33,323
down €33,323 (-54.9%), from €60,681 to €27,358
mainly Net result for the year (-€17,120) and Trade debts (-€15,291)
- Receivables within one year -€7,941
down €7,941 (-27.8%), from €28,582 to €20,641
of which Trade receivables: -€11,399
- Tangible fixed assets -€2,261
down €2,261 (-9.9%), from €22,932 to €20,671
- Profit (loss) carried forward -€17,120
down €17,120 (-34.7%), from €49,329 to €32,209
- Trade debts -€15,291
down €15,291 (-77.9%), from €19,618 to €4,327
- Current portion of long-term debt -€6,663
no longer reported in 2023 (was €6,663)
- Tax, wage and social debts -€5,001
down €5,001 (-60.8%), from €8,226 to €3,224
of which Taxes: -€3,298
- Gross operating margin -€38,300
down €38,300 (-57.3%), from €66,817 to €28,517
- Staff costs -€27,028
down €27,028 (-42.1%), from €64,216 to €37,188
- Financial income -€5,603
down €5,603 (-99.2%), from €5,651 to €47
- Depreciation +€2,019
up €2,019 (+42.8%), from €4,718 to €6,737
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,426 | €68,900 | -€43,525 | -38.7% |
| Fixed assets | 21/28 | €23,162 | €20,901 | -€2,261 | -9.8% |
| Tangible fixed assets | 22/27 | €22,932 | €20,671 | -€2,261 | -9.9% |
| Furniture and vehicles | 24 | €22,932 | €20,671 | -€2,261 | -9.9% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €89,264 | €47,999 | -€41,264 | -46.2% |
| Amounts receivable within one year | 40/41 | €28,582 | €20,641 | -€7,941 | -27.8% |
| Trade receivables | 40 | €23,081 | €11,682 | -€11,399 | -49.4% |
| Other amounts receivable | 41 | €5,501 | €8,959 | +€3,458 | +62.9% |
| Cash at bank and in hand | 54/58 | €60,681 | €27,358 | -€33,323 | -54.9% |
| Total equity and liabilities | 10/49 | €112,426 | €68,900 | -€43,525 | -38.7% |
| Equity | 10/15 | €63,589 | €46,469 | -€17,120 | -26.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €49,329 | €32,209 | -€17,120 | -34.7% |
| Amounts payable | 17/49 | €48,837 | €22,432 | -€26,405 | -54.1% |
| Amounts payable after more than one year | 17 | €14,330 | €14,881 | +€550 | +3.8% |
| Financial debts | 170/4 | €14,330 | €14,881 | +€550 | +3.8% |
| Amounts payable within one year | 42/48 | €34,507 | €7,551 | -€26,956 | -78.1% |
| Current portion of amounts payable after more than one year | 42 | €6,663 | - | -€6,663 | |
| Trade debts | 44 | €19,618 | €4,327 | -€15,291 | -77.9% |
| Suppliers | 440/4 | €19,618 | €4,327 | -€15,291 | -77.9% |
| Taxes, remuneration and social security | 45 | €8,226 | €3,224 | -€5,001 | -60.8% |
| Taxes | 450/3 | €6,522 | €3,224 | -€3,298 | -50.6% |
| Remuneration and social security | 454/9 | €1,703 | - | -€1,703 | |
| Remuneration, social security and pensions | 62 | €64,216 | €37,188 | -€27,028 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,718 | €6,737 | +€2,019 | +42.8% |
| Other operating charges | 640/8 | €483 | €338 | -€145 | -29.9% |
| Gross operating margin | 9900 | €66,817 | €28,517 | -€38,300 | -57.3% |
| Operating profit (loss) | 9901 | -€2,601 | -€15,747 | -€13,146 | -505% |
| Financial income | 75/76B | €5,651 | €47 | -€5,603 | -99.2% |
| Recurring financial income | 75 | €5,651 | €47 | -€5,603 | -99.2% |
| Financial charges | 65/66B | €1,324 | €974 | -€350 | -26.4% |
| Recurring financial charges | 65 | €1,324 | €974 | -€350 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €1,726 | -€16,673 | -€18,399 | |
| Income taxes | 67/77 | - | €447 | +€447 | |
| Profit (loss) for the period | 9904 | €1,726 | -€17,120 | -€18,846 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,726 | -€17,120 | -€18,846 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.