MS HOMECARE: 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 HOMECARE
Largest movements
- Cash +€106,778
up €106,778 (+172%), from €62,127 to €168,905
mainly Net result for the year (+€62,902) and Other debts (+€20,559)
- Reserves +€62,902
up €62,902 (+164%), from €38,394 to €101,296
- Other debts +€20,559
up €20,559 (+116%), from €17,687 to €38,246
- Tax, wage and social debts +€20,297
up €20,297 (+193%), from €10,534 to €30,831
- Gross operating margin +€33,993
up €33,993 (+66.9%), from €50,808 to €84,801
- Taxes +€9,763
up €9,763 (+92.7%), from €10,534 to €20,297
- Depreciation +€1,125
up €1,125 (+6,001%), from €19 to €1,144
- Other operating charges -€1,068
down €1,068 (-72.8%), from €1,468 to €400
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 | €70,144 | €174,940 | +€104,796 | +149% |
| Fixed assets | 21/28 | €5,701 | €4,557 | -€1,144 | -20.1% |
| Tangible fixed assets | 22/27 | €5,701 | €4,557 | -€1,144 | -20.1% |
| Furniture and vehicles | 24 | €5,701 | €4,557 | -€1,144 | -20.1% |
| Current assets | 29/58 | €64,442 | €170,382 | +€105,940 | +164% |
| Cash at bank and in hand | 54/58 | €62,127 | €168,905 | +€106,778 | +172% |
| Deferred charges and accrued income | 490/1 | €2,315 | €1,477 | -€838 | -36.2% |
| Total equity and liabilities | 10/49 | €70,144 | €174,940 | +€104,796 | +149% |
| Equity | 10/15 | €41,394 | €104,296 | +€62,902 | +152% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €38,394 | €101,296 | +€62,902 | +164% |
| Distributable reserves | 133 | €38,394 | €101,296 | +€62,902 | +164% |
| Amounts payable | 17/49 | €28,749 | €70,643 | +€41,894 | +146% |
| Amounts payable within one year | 42/48 | €28,749 | €70,643 | +€41,894 | +146% |
| Trade debts | 44 | €528 | €1,566 | +€1,038 | +196% |
| Suppliers | 440/4 | €528 | €1,566 | +€1,038 | +196% |
| Taxes, remuneration and social security | 45 | €10,534 | €30,831 | +€20,297 | +193% |
| Taxes | 450/3 | €10,534 | €30,831 | +€20,297 | +193% |
| Other amounts payable | 47/48 | €17,687 | €38,246 | +€20,559 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19 | €1,144 | +€1,125 | +6,001% |
| Other operating charges | 640/8 | €1,468 | €400 | -€1,068 | -72.8% |
| Gross operating margin | 9900 | €50,808 | €84,801 | +€33,993 | +66.9% |
| Operating profit (loss) | 9901 | €49,322 | €83,257 | +€33,935 | +68.8% |
| Financial charges | 65/66B | €394 | €58 | -€336 | -85.3% |
| Recurring financial charges | 65 | €394 | €58 | -€336 | -85.3% |
| Profit (loss) for the period before taxes | 9903 | €48,928 | €83,199 | +€34,271 | +70.0% |
| Income taxes | 67/77 | €10,534 | €20,297 | +€9,763 | +92.7% |
| Profit (loss) for the period | 9904 | €38,394 | €62,902 | +€24,508 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,394 | €62,902 | +€24,508 | +63.8% |
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 19 October 2026 via checked.be.