MS EVENTS EXPERIENCED: what changed
What changed
MS EVENTS EXPERIENCED
NACE 90.393, Specialised image, lighting and sound technical services
filed annual accounts (NBB)
Net result for the year
€21,679
2024 · €48,901-€27,222
Equity
€188,287
2024 · €180,253+€8,035
Cash
€15,354
2024 · €4,850+€10,503
Balance sheet total
€1.2m
2024 · €580,911+€599,752
Largest movements
Assets
- Tangible fixed assets +€542,432
up €542,432 (+122%), from €445,269 to €987,701
of which Land and buildings: +€560,086
- Receivables within one year +€43,695
up €43,695 (+33.6%), from €130,128 to €173,823
of which Trade receivables: +€43,005
Equity and liabilities
- Debts after one year +€411,402
up €411,402 (+152%), from €270,000 to €681,402
- Other debts +€114,757
up €114,757 (+590%), from €19,451 to €134,208
- Trade debts +€59,587
up €59,587 (+165%), from €36,035 to €95,622
- Current portion of long-term debt +€16,437
up €16,437 (+54.8%), from €30,000 to €46,437
Income statement
- Turnover +€108,793
up €108,793 (+20.7%), from €526,485 to €635,278
- Purchases and services +€77,658
up €77,658 (+18.9%), from €410,669 to €488,328
- Gross operating margin +€31,135
up €31,135 (+26.9%), from €115,815 to €146,950
- Depreciation +€30,636
up €30,636 (+77.3%), from €39,657 to €70,293
- Financial charges +€15,717
up €15,717 (+1,305%), from €1,205 to €16,922
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.
Result 2024
€48,901
Gross operating margin
+€31,135
Depreciation
-€30,636
Other operating charges
-€676
Other operating items
-€24,631
Financial income
+€24
Financial charges
-€15,717
Taxes
+€13,277
Result 2025
€21,679
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€209,022
Investment
-€612,725
Financing
+€414,206
Cash 2024
€4,850
From operations (derived)
+€209,022
Net result for the year
+€21,679
Depreciation
+€70,293
Receivables within one year
-€43,695
Deferred charges and accrued income
-€3,122
Trade debts
+€59,587
Tax, wage and social debts
-€10,477
Other debts
+€114,757
Investment (derived)
-€612,725
Investment in fixed assets (net)
-€612,725
Financing
+€414,206
Debts after one year
+€411,402
Current portion of long-term debt
+€16,437
Short-term financial debts
+€12
Contributions, distributions and other
-€13,644
Cash 2025
€15,354
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €580,911 | €1,180,663 | +€599,752 | +103% |
| Fixed assets | 21/28 | €445,404 | €987,836 | +€542,432 | +122% |
| Tangible fixed assets | 22/27 | €445,269 | €987,701 | +€542,432 | +122% |
| Land and buildings | 22 | €253,511 | €813,597 | +€560,086 | +221% |
| Plant, machinery and equipment | 23 | €186,507 | €170,578 | -€15,929 | -8.5% |
| Furniture and vehicles | 24 | €5,251 | €3,526 | -€1,725 | -32.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €135,507 | €192,827 | +€57,320 | +42.3% |
| Amounts receivable within one year | 40/41 | €130,128 | €173,823 | +€43,695 | +33.6% |
| Trade receivables | 40 | €114,414 | €157,419 | +€43,005 | +37.6% |
| Other amounts receivable | 41 | €15,714 | €16,404 | +€690 | +4.4% |
| Cash at bank and in hand | 54/58 | €4,850 | €15,354 | +€10,503 | +217% |
| Deferred charges and accrued income | 490/1 | €529 | €3,650 | +€3,122 | +590% |
| Total equity and liabilities | 10/49 | €580,911 | €1,180,663 | +€599,752 | +103% |
| Equity | 10/15 | €180,253 | €188,287 | +€8,035 | +4.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €178,253 | €186,287 | +€8,035 | +4.5% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €178,053 | €186,087 | +€8,035 | +4.5% |
| Amounts payable | 17/49 | €400,658 | €992,376 | +€591,718 | +148% |
| Amounts payable after more than one year | 17 | €270,000 | €681,402 | +€411,402 | +152% |
| Financial debts | 170/4 | €270,000 | €681,402 | +€411,402 | +152% |
| Amounts payable within one year | 42/48 | €130,658 | €310,974 | +€180,316 | +138% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €46,437 | +€16,437 | +54.8% |
| Financial debts | 43 | - | €12 | +€12 | |
| Other loans | 439 | - | €12 | +€12 | |
| Trade debts | 44 | €36,035 | €95,622 | +€59,587 | +165% |
| Suppliers | 440/4 | €36,035 | €95,622 | +€59,587 | +165% |
| Taxes, remuneration and social security | 45 | €45,172 | €34,695 | -€10,477 | -23.2% |
| Taxes | 450/3 | €45,172 | €34,695 | -€10,477 | -23.2% |
| Other amounts payable | 47/48 | €19,451 | €134,208 | +€114,757 | +590% |
| Turnover | 70 | €526,485 | €635,278 | +€108,793 | +20.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €410,669 | €488,328 | +€77,658 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,657 | €70,293 | +€30,636 | +77.3% |
| Other operating charges | 640/8 | €2,230 | €2,906 | +€676 | +30.3% |
| Non-recurring operating charges | 66A | - | €24,631 | +€24,631 | |
| Gross operating margin | 9900 | €115,815 | €146,950 | +€31,135 | +26.9% |
| Operating profit (loss) | 9901 | €73,928 | €49,121 | -€24,807 | -33.6% |
| Financial income | 75/76B | €268 | €293 | +€24 | +9.1% |
| Recurring financial income | 75 | €268 | €293 | +€24 | +9.1% |
| Financial charges | 65/66B | €1,205 | €16,922 | +€15,717 | +1,305% |
| Recurring financial charges | 65 | €1,205 | €16,922 | +€15,717 | +1,305% |
| Profit (loss) for the period before taxes | 9903 | €72,992 | €32,492 | -€40,499 | -55.5% |
| Income taxes | 67/77 | €24,091 | €10,814 | -€13,277 | -55.1% |
| Profit (loss) for the period | 9904 | €48,901 | €21,679 | -€27,222 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,901 | €21,679 | -€27,222 | -55.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 8 November 2026 via checked.be.