MS LOCATION: 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 LOCATION
Largest movements
- Tangible fixed assets -€11,272
no longer reported in 2024 (was €11,272)
- Receivables within one year +€2,309
up €2,309 (+392.4%), from €589 to €2,898
of which Trade receivables: +€2,108
- Profit (loss) carried forward -€14,652
down €14,652 (-494.5%), from -€2,963 to -€17,614
- Contributions +€3,000
new in 2024: €3,000
- Trade debts +€2,629
up €2,629 (+75.2%), from €3,495 to €6,123
- Other operating charges +€8,354
up €8,354 (+1537.2%), from €543 to €8,898
- Gross operating margin -€2,625
down €2,625 (-379.2%), from -€692 to -€3,317
- Depreciation +€710
up €710 (+41.1%), from €1,727 to €2,437
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,860 | €2,898 | -€8,962 | -75.6% |
| Fixed assets | 21/28 | €11,272 | - | -€11,272 | |
| Tangible fixed assets | 22/27 | €11,272 | - | -€11,272 | |
| Furniture and vehicles | 24 | €11,272 | - | -€11,272 | |
| Current assets | 29/58 | €589 | €2,898 | +€2,309 | +392.4% |
| Amounts receivable within one year | 40/41 | €589 | €2,898 | +€2,309 | +392.4% |
| Trade receivables | 40 | €589 | €2,697 | +€2,108 | +358.2% |
| Other amounts receivable | 41 | - | €201 | +€201 | |
| Total equity and liabilities | 10/49 | €11,860 | €2,898 | -€8,962 | -75.6% |
| Equity | 10/15 | -€2,963 | -€14,614 | -€11,652 | -393.3% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | -€2,963 | -€17,614 | -€14,652 | -494.5% |
| Amounts payable | 17/49 | €14,823 | €17,512 | +€2,689 | +18.1% |
| Amounts payable within one year | 42/48 | €14,823 | €17,512 | +€2,689 | +18.1% |
| Trade debts | 44 | €3,495 | €6,123 | +€2,629 | +75.2% |
| Suppliers | 440/4 | €3,495 | €6,123 | +€2,629 | +75.2% |
| Taxes, remuneration and social security | 45 | €7 | - | -€7 | |
| Taxes | 450/3 | €7 | - | -€7 | |
| Other amounts payable | 47/48 | €11,322 | €11,389 | +€67 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,727 | €2,437 | +€710 | +41.1% |
| Other operating charges | 640/8 | €543 | €8,898 | +€8,354 | +1537.2% |
| Gross operating margin | 9900 | -€692 | -€3,317 | -€2,625 | -379.2% |
| Operating profit (loss) | 9901 | -€2,963 | -€14,652 | -€11,689 | -394.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,963 | -€14,652 | -€11,689 | -394.5% |
| Profit (loss) for the period | 9904 | -€2,963 | -€14,652 | -€11,689 | -394.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,963 | -€14,652 | -€11,689 | -394.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.