MS EQUILIBRES: 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 EQUILIBRES
Largest movements
- Cash -€10,242
down €10,242 (-57.0%), from €17,962 to €7,720
mainly Other debts (-€9,146) and Tax, wage and social debts (-€1,923)
- Tangible fixed assets -€1,905
down €1,905 (-63.9%), from €2,979 to €1,074
- Receivables within one year +€760
up €760 (+110.6%), from €687 to €1,447
of which Other amounts receivable: +€1,407
- Other debts -€9,146
down €9,146 (-45.4%), from €20,161 to €11,015
- Tax, wage and social debts -€1,923
no longer reported in 2025 (was €1,923)
- Profit (loss) carried forward -€562
new in 2025: -€562
- Trade debts +€274
up €274 (+326.2%), from €84 to €358
- Gross operating margin -€7,161
down €7,161 (-63.3%), from €11,307 to €4,146
- Depreciation -€1,352
down €1,352 (-30.7%), from €4,406 to €3,054
- Taxes -€1,330
down €1,330 (-69.2%), from €1,923 to €593
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 | €22,268 | €10,911 | -€11,357 | -51.0% |
| Fixed assets | 21/28 | €2,979 | €1,074 | -€1,905 | -63.9% |
| Tangible fixed assets | 22/27 | €2,979 | €1,074 | -€1,905 | -63.9% |
| Furniture and vehicles | 24 | €2,979 | €1,074 | -€1,905 | -63.9% |
| Current assets | 29/58 | €19,289 | €9,837 | -€9,452 | -49.0% |
| Amounts receivable within one year | 40/41 | €687 | €1,447 | +€760 | +110.6% |
| Trade receivables | 40 | €687 | €40 | -€647 | -94.2% |
| Other amounts receivable | 41 | - | €1,407 | +€1,407 | |
| Cash at bank and in hand | 54/58 | €17,962 | €7,720 | -€10,242 | -57.0% |
| Deferred charges and accrued income | 490/1 | €640 | €670 | +€30 | +4.7% |
| Total equity and liabilities | 10/49 | €22,268 | €10,911 | -€11,357 | -51.0% |
| Equity | 10/15 | €100 | -€462 | -€562 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€562 | -€562 | |
| Amounts payable | 17/49 | €22,168 | €11,373 | -€10,795 | -48.7% |
| Amounts payable within one year | 42/48 | €22,168 | €11,373 | -€10,795 | -48.7% |
| Trade debts | 44 | €84 | €358 | +€274 | +326.2% |
| Suppliers | 440/4 | €84 | €358 | +€274 | +326.2% |
| Taxes, remuneration and social security | 45 | €1,923 | - | -€1,923 | |
| Taxes | 450/3 | €1,923 | - | -€1,923 | |
| Other amounts payable | 47/48 | €20,161 | €11,015 | -€9,146 | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,406 | €3,054 | -€1,352 | -30.7% |
| Other operating charges | 640/8 | €1,031 | €985 | -€46 | -4.5% |
| Gross operating margin | 9900 | €11,307 | €4,146 | -€7,161 | -63.3% |
| Operating profit (loss) | 9901 | €5,870 | €107 | -€5,763 | -98.2% |
| Financial charges | 65/66B | €72 | €76 | +€4 | +5.6% |
| Recurring financial charges | 65 | €72 | €76 | +€4 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €5,798 | €31 | -€5,767 | -99.5% |
| Income taxes | 67/77 | €1,923 | €593 | -€1,330 | -69.2% |
| Profit (loss) for the period | 9904 | €3,875 | -€562 | -€4,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,875 | -€562 | -€4,437 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.