MS CLEAN BELGIUM: what changed
MS CLEAN BELGIUM
Largest movements
- Receivables within one year -€69,012
down €69,012 (-31.4%), from €219,569 to €150,556
of which Trade receivables: -€104,744
- Cash -€17,526
down €17,526 (-94.0%), from €18,637 to €1,111
mainly Trade debts (-€90,805) and Investment in fixed assets (net) (-€12,397)
- Tangible fixed assets +€11,516
up €11,516 (+1,330%), from €866 to €12,382
- Trade debts -€90,805
down €90,805 (-51.8%), from €175,231 to €84,426
- Profit (loss) carried forward +€15,065
up €15,065 (+23.7%), from €63,544 to €78,609
- Gross operating margin +€33,006
up €33,006, from -€14,134 to €18,872
- Taxes -€22,578
down €22,578 (-98.6%), from €22,891 to €313
- Other operating charges -€1,087
down €1,087 (-57.6%), from €1,887 to €800
- Financial charges +€1,086
up €1,086 (+335%), from €324 to €1,409
- Depreciation +€460
up €460 (+55.7%), from €826 to €1,286
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,874 | €165,447 | -€75,427 | -31.3% |
| Fixed assets | 21/28 | €2,669 | €13,780 | +€11,111 | +416% |
| Intangible fixed assets | 21 | €453 | €48 | -€405 | -89.5% |
| Tangible fixed assets | 22/27 | €866 | €12,382 | +€11,516 | +1,330% |
| Plant, machinery and equipment | 23 | €866 | €12,382 | +€11,516 | +1,330% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €238,205 | €151,667 | -€86,538 | -36.3% |
| Amounts receivable within one year | 40/41 | €219,569 | €150,556 | -€69,012 | -31.4% |
| Trade receivables | 40 | €171,978 | €67,234 | -€104,744 | -60.9% |
| Other amounts receivable | 41 | €47,591 | €83,323 | +€35,732 | +75.1% |
| Cash at bank and in hand | 54/58 | €18,637 | €1,111 | -€17,526 | -94.0% |
| Total equity and liabilities | 10/49 | €240,874 | €165,447 | -€75,427 | -31.3% |
| Equity | 10/15 | €65,644 | €80,709 | +€15,065 | +22.9% |
| Contributions | 10/11 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,544 | €78,609 | +€15,065 | +23.7% |
| Amounts payable | 17/49 | €175,231 | €84,739 | -€90,492 | -51.6% |
| Amounts payable within one year | 42/48 | €175,231 | €84,739 | -€90,492 | -51.6% |
| Trade debts | 44 | €175,231 | €84,426 | -€90,805 | -51.8% |
| Suppliers | 440/4 | €175,231 | €84,426 | -€90,805 | -51.8% |
| Taxes, remuneration and social security | 45 | €0 | €313 | +€313 | |
| Taxes | 450/3 | €0 | €313 | +€313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826 | €1,286 | +€460 | +55.7% |
| Other operating charges | 640/8 | €1,887 | €800 | -€1,087 | -57.6% |
| Gross operating margin | 9900 | -€14,134 | €18,872 | +€33,006 | |
| Operating profit (loss) | 9901 | -€16,847 | €16,787 | +€33,633 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -62.5% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -62.5% |
| Financial charges | 65/66B | €324 | €1,409 | +€1,086 | +335% |
| Recurring financial charges | 65 | €324 | €1,409 | +€1,086 | +335% |
| Profit (loss) for the period before taxes | 9903 | -€17,169 | €15,378 | +€32,546 | |
| Income taxes | 67/77 | €22,891 | €313 | -€22,578 | -98.6% |
| Profit (loss) for the period | 9904 | -€40,059 | €15,065 | +€55,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,059 | €15,065 | +€55,124 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.