MS KOC: 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 KOC
Largest movements
- Cash +€476
new in 2025: €476
mainly Tax, wage and social debts (+€4,000) and Trade debts (+€2,050)
- Receivables within one year +€427
up €427 (+101.5%), from €421 to €848
of which Trade receivables: +€460
- Profit (loss) carried forward -€5,000
down €5,000 (-44.9%), from -€11,125 to -€16,125
- Tax, wage and social debts +€4,000
new in 2025: €4,000
- Trade debts +€2,050
up €2,050 (+770.3%), from €266 to €2,316
- Accrued charges and deferred income -€96
no longer reported in 2025 (was €96)
- Other debts -€51
down €51 (-4.3%), from €1,184 to €1,132
- Purchases and services -€52,683
no longer reported in 2025 (was €52,683)
- Gross operating margin +€6,229
up €6,229 (+63.4%), from -€9,832 to -€3,603
- Depreciation -€1,101
no longer reported in 2025 (was €1,101)
- Staff costs +€280
up €280 (+35.4%), from €790 to €1,070
- Financial charges +€130
up €130 (+65.8%), from €198 to €328
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 | €421 | €1,324 | +€903 | +214.6% |
| Current assets | 29/58 | €421 | €1,324 | +€903 | +214.6% |
| Amounts receivable within one year | 40/41 | €421 | €848 | +€427 | +101.5% |
| Trade receivables | 40 | - | €460 | +€460 | |
| Other amounts receivable | 41 | €421 | €388 | -€33 | -7.8% |
| Cash at bank and in hand | 54/58 | - | €476 | +€476 | |
| Total equity and liabilities | 10/49 | €421 | €1,324 | +€903 | +214.6% |
| Equity | 10/15 | -€1,125 | -€6,125 | -€5,000 | -444.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,125 | -€16,125 | -€5,000 | -44.9% |
| Amounts payable | 17/49 | €1,546 | €7,449 | +€5,903 | +381.8% |
| Amounts payable within one year | 42/48 | €1,450 | €7,449 | +€5,999 | +413.7% |
| Trade debts | 44 | €266 | €2,316 | +€2,050 | +770.3% |
| Suppliers | 440/4 | €266 | €2,316 | +€2,050 | +770.3% |
| Taxes, remuneration and social security | 45 | - | €4,000 | +€4,000 | |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €1,184 | €1,132 | -€51 | -4.3% |
| Accrued charges and deferred income | 492/3 | €96 | - | -€96 | |
| Goods, raw materials, services and sundry goods | 60/61 | €52,683 | - | -€52,683 | |
| Remuneration, social security and pensions | 62 | €790 | €1,070 | +€280 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,101 | - | -€1,101 | |
| Gross operating margin | 9900 | -€9,832 | -€3,603 | +€6,229 | +63.4% |
| Operating profit (loss) | 9901 | -€11,723 | -€4,672 | +€7,051 | +60.1% |
| Financial income | 75/76B | €79 | - | -€79 | |
| Recurring financial income | 75 | €79 | - | -€79 | |
| Financial charges | 65/66B | €198 | €328 | +€130 | +65.8% |
| Recurring financial charges | 65 | €198 | €328 | +€130 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,841 | -€5,000 | +€6,841 | +57.8% |
| Profit (loss) for the period | 9904 | -€11,841 | -€5,000 | +€6,841 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,841 | -€5,000 | +€6,841 | +57.8% |
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 4 October 2026 via checked.be.