MS Management Consulting: 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 Management Consulting
Largest movements
- Cash -€115,294
down €115,294 (-61.8%), from €186,410 to €71,116
mainly Investment in fixed assets (net) (-€102,248) and Trade debts (-€68,964)
- Receivables within one year -€101,524
down €101,524 (-54.4%), from €186,776 to €85,252
of which Trade receivables: -€122,796
- Tangible fixed assets +€76,225
up €76,225 (+139%), from €54,834 to €131,060
of which Furniture and vehicles: +€78,411
- Deferred charges and accrued income +€24,092
up €24,092 (+399%), from €6,035 to €30,126
- Trade debts -€68,964
down €68,964 (-48.3%), from €142,663 to €73,698
- Tax, wage and social debts -€32,078
down €32,078 (-100%), from €32,078 to €0
of which Taxes: -€32,078
- Current portion of long-term debt -€9,591
down €9,591 (-100%), from €9,591 to €0
- Profit (loss) carried forward -€7,121
down €7,121, from €0 to -€7,121
- Gross operating margin -€42,749
down €42,749 (-59.4%), from €71,945 to €29,196
- Taxes -€5,815
down €5,815 (-44.0%), from €13,215 to €7,400
- Depreciation +€3,665
up €3,665 (+15.8%), from €23,131 to €26,796
- Staff costs +€1,018
up €1,018, from -€1,018 to €0
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 | €436,000 | €318,725 | -€117,275 | -26.9% |
| Fixed assets | 21/28 | €56,779 | €132,231 | +€75,452 | +133% |
| Intangible fixed assets | 21 | €1,944 | €1,171 | -€773 | -39.8% |
| Tangible fixed assets | 22/27 | €54,834 | €131,060 | +€76,225 | +139% |
| Furniture and vehicles | 24 | €37,656 | €116,067 | +€78,411 | +208% |
| Other tangible fixed assets | 26 | €17,178 | €14,992 | -€2,186 | -12.7% |
| Current assets | 29/58 | €379,221 | €186,494 | -€192,727 | -50.8% |
| Amounts receivable within one year | 40/41 | €186,776 | €85,252 | -€101,524 | -54.4% |
| Trade receivables | 40 | €178,238 | €55,443 | -€122,796 | -68.9% |
| Other amounts receivable | 41 | €8,538 | €29,809 | +€21,271 | +249% |
| Cash at bank and in hand | 54/58 | €186,410 | €71,116 | -€115,294 | -61.8% |
| Deferred charges and accrued income | 490/1 | €6,035 | €30,126 | +€24,092 | +399% |
| Total equity and liabilities | 10/49 | €436,000 | €318,725 | -€117,275 | -26.9% |
| Equity | 10/15 | €119,160 | €112,039 | -€7,121 | -6.0% |
| Contributions | 10/11 | €3,100 | €3,100 | = | 0.0% |
| Reserves | 13 | €116,060 | €116,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,550 | €1,550 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,550 | €1,550 | = | 0.0% |
| Distributable reserves | 133 | €114,510 | €114,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€7,121 | -€7,121 | |
| Amounts payable | 17/49 | €316,840 | €206,686 | -€110,153 | -34.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €315,667 | €206,686 | -€108,981 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €9,591 | €0 | -€9,591 | -100% |
| Financial debts | 43 | €12,428 | €12,441 | +€13 | +0.1% |
| Credit institutions | 430/8 | €12,428 | €12,441 | +€13 | +0.1% |
| Trade debts | 44 | €142,663 | €73,698 | -€68,964 | -48.3% |
| Suppliers | 440/4 | €142,663 | €73,698 | -€68,964 | -48.3% |
| Taxes, remuneration and social security | 45 | €32,078 | €0 | -€32,078 | -100% |
| Taxes | 450/3 | €32,078 | €0 | -€32,078 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €118,908 | €120,547 | +€1,639 | +1.4% |
| Accrued charges and deferred income | 492/3 | €1,173 | €0 | -€1,173 | -100% |
| Remuneration, social security and pensions | 62 | -€1,018 | €0 | +€1,018 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,131 | €26,796 | +€3,665 | +15.8% |
| Other operating charges | 640/8 | €806 | €1,280 | +€474 | +58.7% |
| Gross operating margin | 9900 | €71,945 | €29,196 | -€42,749 | -59.4% |
| Operating profit (loss) | 9901 | €49,026 | €1,120 | -€47,906 | -97.7% |
| Financial income | 75/76B | €11 | €39 | +€28 | +269% |
| Recurring financial income | 75 | €11 | €39 | +€28 | +269% |
| Financial charges | 65/66B | €1,079 | €881 | -€198 | -18.4% |
| Recurring financial charges | 65 | €1,079 | €881 | -€198 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €47,958 | €278 | -€47,679 | -99.4% |
| Income taxes | 67/77 | €13,215 | €7,400 | -€5,815 | -44.0% |
| Profit (loss) for the period | 9904 | €34,743 | -€7,121 | -€41,864 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,743 | -€7,121 | -€41,864 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.