MS CARE INFI: 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 CARE INFI
Largest movements
- Cash -€25,965
down €25,965 (-97.7%), from €26,577 to €613
mainly Net result for the year (-€24,581) and Receivables within one year (-€4,768)
- Deferred charges and accrued income -€6,495
down €6,495 (-92.2%), from €7,045 to €550
- Receivables within one year +€4,768
up €4,768 (+5.3%), from €90,078 to €94,845
- Tangible fixed assets +€1,530
up €1,530 (+158%), from €966 to €2,496
- Profit (loss) carried forward -€24,581
down €24,581 (-54.4%), from €45,180 to €20,599
- Tax, wage and social debts -€1,581
down €1,581 (-12.4%), from €12,706 to €11,125
of which Taxes: -€2,838
- Gross operating margin -€55,920
down €55,920 (-76.3%), from €73,271 to €17,351
- Staff costs +€23,656
up €23,656 (+153%), from €15,432 to €39,088
- Taxes -€11,669
down €11,669 (-98.6%), from €11,830 to €162
- Other operating charges +€1,385
up €1,385 (+320%), from €432 to €1,817
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 | €125,024 | €98,862 | -€26,162 | -20.9% |
| Fixed assets | 21/28 | €1,324 | €2,854 | +€1,530 | +116% |
| Tangible fixed assets | 22/27 | €966 | €2,496 | +€1,530 | +158% |
| Furniture and vehicles | 24 | €966 | €2,496 | +€1,530 | +158% |
| Financial fixed assets | 28 | €358 | €358 | = | 0.0% |
| Current assets | 29/58 | €123,700 | €96,008 | -€27,692 | -22.4% |
| Amounts receivable within one year | 40/41 | €90,078 | €94,845 | +€4,768 | +5.3% |
| Other amounts receivable | 41 | €90,078 | €94,845 | +€4,768 | +5.3% |
| Cash at bank and in hand | 54/58 | €26,577 | €613 | -€25,965 | -97.7% |
| Deferred charges and accrued income | 490/1 | €7,045 | €550 | -€6,495 | -92.2% |
| Total equity and liabilities | 10/49 | €125,024 | €98,862 | -€26,162 | -20.9% |
| Equity | 10/15 | €112,318 | €87,737 | -€24,581 | -21.9% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €53,138 | €53,138 | = | 0.0% |
| Distributable reserves | 133 | €53,138 | €53,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,180 | €20,599 | -€24,581 | -54.4% |
| Amounts payable | 17/49 | €12,706 | €11,125 | -€1,581 | -12.4% |
| Amounts payable within one year | 42/48 | €12,706 | €11,125 | -€1,581 | -12.4% |
| Taxes, remuneration and social security | 45 | €12,706 | €11,125 | -€1,581 | -12.4% |
| Taxes | 450/3 | €11,830 | €8,992 | -€2,838 | -24.0% |
| Remuneration and social security | 454/9 | €876 | €2,133 | +€1,257 | +144% |
| Remuneration, social security and pensions | 62 | €15,432 | €39,088 | +€23,656 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233 | €680 | +€447 | +192% |
| Other operating charges | 640/8 | €432 | €1,817 | +€1,385 | +320% |
| Gross operating margin | 9900 | €73,271 | €17,351 | -€55,920 | -76.3% |
| Operating profit (loss) | 9901 | €57,174 | -€24,234 | -€81,408 | |
| Financial charges | 65/66B | €163 | €185 | +€22 | +13.3% |
| Recurring financial charges | 65 | €163 | €185 | +€22 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €57,010 | -€24,419 | -€81,430 | |
| Income taxes | 67/77 | €11,830 | €162 | -€11,669 | -98.6% |
| Profit (loss) for the period | 9904 | €45,180 | -€24,581 | -€69,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,180 | -€24,581 | -€69,761 |
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 26 October 2026 via checked.be.