MS Detailing & Construction: what changed
Two fiscal 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 Detailing & Construction
Largest movements
- Receivables within one year +€10,302
up €10,302 (+63.8%), from €16,157 to €26,458
of which Trade receivables: +€10,860
- Cash +€6,743
up €6,743 (+73.1%), from €9,224 to €15,967
mainly Net result for the year (+€27,943) and Depreciation (+€12,240)
- Tangible fixed assets +€2,760
up €2,760 (+11.4%), from €24,204 to €26,963
of which Furniture and vehicles: +€4,982
- Deferred charges and accrued income +€2,188
up €2,188 (+1575.8%), from €139 to €2,327
- Profit (loss) carried forward +€11,943
up €11,943 (+87.8%), from €13,607 to €25,551
- Debts after one year +€4,753
new in 2025: €4,753
- Tax, wage and social debts +€3,240
up €3,240 (+21.6%), from €14,974 to €18,214
of which Taxes: +€2,990
- Current portion of long-term debt +€3,231
new in 2025: €3,231
- Trade debts -€2,110
down €2,110 (-64.8%), from €3,256 to €1,146
- Gross operating margin +€4,596
up €4,596 (+11.2%), from €41,122 to €45,718
- Depreciation +€2,222
up €2,222 (+22.2%), from €10,019 to €12,240
- Other operating charges +€660
up €660 (+439.3%), from €150 to €810
- Financial charges +€481
up €481 (+155.2%), from €310 to €792
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.
Cash bridge derived
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 | €49,723 | €71,715 | +€21,992 | +44.2% |
| Fixed assets | 21/28 | €24,204 | €26,963 | +€2,760 | +11.4% |
| Tangible fixed assets | 22/27 | €24,204 | €26,963 | +€2,760 | +11.4% |
| Plant, machinery and equipment | 23 | €5,356 | €3,133 | -€2,223 | -41.5% |
| Furniture and vehicles | 24 | €18,848 | €23,830 | +€4,982 | +26.4% |
| Current assets | 29/58 | €25,520 | €44,752 | +€19,233 | +75.4% |
| Amounts receivable within one year | 40/41 | €16,157 | €26,458 | +€10,302 | +63.8% |
| Trade receivables | 40 | €15,598 | €26,458 | +€10,860 | +69.6% |
| Other amounts receivable | 41 | €559 | - | -€559 | |
| Cash at bank and in hand | 54/58 | €9,224 | €15,967 | +€6,743 | +73.1% |
| Deferred charges and accrued income | 490/1 | €139 | €2,327 | +€2,188 | +1575.8% |
| Total equity and liabilities | 10/49 | €49,723 | €71,715 | +€21,992 | +44.2% |
| Equity | 10/15 | €15,107 | €27,051 | +€11,943 | +79.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,607 | €25,551 | +€11,943 | +87.8% |
| Amounts payable | 17/49 | €34,616 | €44,665 | +€10,049 | +29.0% |
| Amounts payable after more than one year | 17 | - | €4,753 | +€4,753 | |
| Financial debts | 170/4 | - | €4,753 | +€4,753 | |
| Amounts payable within one year | 42/48 | €34,616 | €39,911 | +€5,295 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | - | €3,231 | +€3,231 | |
| Trade debts | 44 | €3,256 | €1,146 | -€2,110 | -64.8% |
| Suppliers | 440/4 | €3,256 | €1,146 | -€2,110 | -64.8% |
| Taxes, remuneration and social security | 45 | €14,974 | €18,214 | +€3,240 | +21.6% |
| Taxes | 450/3 | €11,774 | €14,764 | +€2,990 | +25.4% |
| Remuneration and social security | 454/9 | €3,200 | €3,450 | +€250 | +7.8% |
| Other amounts payable | 47/48 | €16,386 | €17,320 | +€934 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,019 | €12,240 | +€2,222 | +22.2% |
| Other operating charges | 640/8 | €150 | €810 | +€660 | +439.3% |
| Non-recurring operating charges | 66A | €984 | €483 | -€501 | -50.9% |
| Gross operating margin | 9900 | €41,122 | €45,718 | +€4,596 | +11.2% |
| Operating profit (loss) | 9901 | €29,969 | €32,184 | +€2,215 | +7.4% |
| Financial income | 75/76B | €55 | €37 | -€18 | -32.4% |
| Recurring financial income | 75 | €55 | €37 | -€18 | -32.4% |
| Financial charges | 65/66B | €310 | €792 | +€481 | +155.2% |
| Recurring financial charges | 65 | €310 | €792 | +€481 | +155.2% |
| Profit (loss) for the period before taxes | 9903 | €29,714 | €31,430 | +€1,716 | +5.8% |
| Income taxes | 67/77 | €3,228 | €3,486 | +€258 | +8.0% |
| Profit (loss) for the period | 9904 | €26,485 | €27,943 | +€1,458 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,485 | €27,943 | +€1,458 | +5.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.