MS comptabilité & fiscalité: 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 comptabilité & fiscalité
Largest movements
- Cash +€16,163
up €16,163 (+419%), from €3,854 to €20,017
mainly Net result for the year (+€17,040) and Other debts (+€16,997)
- Tangible fixed assets -€7,111
down €7,111 (-31.6%), from €22,503 to €15,392
of which Leasing and similar rights: -€7,262
- Receivables within one year +€6,994
up €6,994 (+1,633%), from €428 to €7,422
of which Trade receivables: +€7,080
- Other debts +€16,997
up €16,997 (+258%), from €6,582 to €23,578
- Debts after one year -€6,020
down €6,020 (-50.0%), from €12,043 to €6,023
- Tax, wage and social debts +€5,279
up €5,279 (+238%), from €2,216 to €7,495
- Profit (loss) carried forward -€960
down €960 (-92.5%), from €1,038 to €77
- Trade debts +€880
up €880 (+118%), from €746 to €1,626
- Gross operating margin +€19,562
up €19,562 (+146%), from €13,436 to €32,998
- Depreciation -€7,680
down €7,680 (-48.2%), from €15,947 to €8,267
- Taxes +€4,446
up €4,446 (+326%), from €1,363 to €5,808
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 | €29,060 | €45,320 | +€16,259 | +56.0% |
| Fixed assets | 21/28 | €22,503 | €15,392 | -€7,111 | -31.6% |
| Tangible fixed assets | 22/27 | €22,503 | €15,392 | -€7,111 | -31.6% |
| Furniture and vehicles | 24 | €378 | €1,166 | +€788 | +209% |
| Leasing and similar rights | 25 | €19,971 | €12,709 | -€7,262 | -36.4% |
| Other tangible fixed assets | 26 | €2,155 | €1,518 | -€637 | -29.6% |
| Current assets | 29/58 | €6,557 | €29,928 | +€23,370 | +356% |
| Amounts receivable within one year | 40/41 | €428 | €7,422 | +€6,994 | +1,633% |
| Trade receivables | 40 | - | €7,080 | +€7,080 | |
| Other amounts receivable | 41 | €428 | €342 | -€86 | -20.1% |
| Cash at bank and in hand | 54/58 | €3,854 | €20,017 | +€16,163 | +419% |
| Deferred charges and accrued income | 490/1 | €2,275 | €2,489 | +€214 | +9.4% |
| Total equity and liabilities | 10/49 | €29,060 | €45,320 | +€16,259 | +56.0% |
| Equity | 10/15 | €1,538 | €577 | -€960 | -62.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,038 | €77 | -€960 | -92.5% |
| Amounts payable | 17/49 | €27,523 | €44,742 | +€17,220 | +62.6% |
| Amounts payable after more than one year | 17 | €12,043 | €6,023 | -€6,020 | -50.0% |
| Financial debts | 170/4 | €12,043 | €6,023 | -€6,020 | -50.0% |
| Amounts payable within one year | 42/48 | €15,480 | €38,719 | +€23,240 | +150% |
| Current portion of amounts payable after more than one year | 42 | €5,937 | €6,020 | +€83 | +1.4% |
| Trade debts | 44 | €746 | €1,626 | +€880 | +118% |
| Suppliers | 440/4 | €746 | €1,626 | +€880 | +118% |
| Taxes, remuneration and social security | 45 | €2,216 | €7,495 | +€5,279 | +238% |
| Taxes | 450/3 | €2,216 | €7,495 | +€5,279 | +238% |
| Other amounts payable | 47/48 | €6,582 | €23,578 | +€16,997 | +258% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,947 | €8,267 | -€7,680 | -48.2% |
| Other operating charges | 640/8 | €1,730 | €1,615 | -€115 | -6.7% |
| Gross operating margin | 9900 | €13,436 | €32,998 | +€19,562 | +146% |
| Operating profit (loss) | 9901 | -€4,242 | €23,116 | +€27,358 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €378 | €268 | -€110 | -29.0% |
| Recurring financial charges | 65 | €378 | €268 | -€110 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,620 | €22,848 | +€27,468 | |
| Income taxes | 67/77 | €1,363 | €5,808 | +€4,446 | +326% |
| Profit (loss) for the period | 9904 | -€5,983 | €17,040 | +€23,022 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,983 | €17,040 | +€23,022 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.