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MS NEW: 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.

What changed

MS NEW

BE 0731.692.774
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€244
2024 · --€244
Equity
-€10,820
2024 · -€10,576-€244
Cash
€1
2024 · €1-€0
Balance sheet total
€1
2024 · €1-€0

Largest movements

2024 to 2025
Assets
  • Cash -€0

    down €0 (-15.0%), from €1 to €1

    mainly Net result for the year (-€244)

Equity and liabilities
  • Profit (loss) carried forward -€244

    down €244 (-1.8%), from -€13,209 to -€13,453

  • Other debts +€244

    up €244 (+2.3%), from €10,577 to €10,821

Income statement
  • Financial charges +€244

    new in 2025: €244

From the 2024 result to the 2025 result

effect on the result

The net result is not in both sets of accounts; without it the difference cannot be explained line by line.

Cash bridge derived

cash 2024 to 2025

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.

From operations -€0
Investment €0
Financing €0
Cash 2024 €1
Net result for the year -€244
Other debts +€244
Cash 2025 €1
Every line side by side 16 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1 €1 -€0 -15.0%
Current assets 29/58 €1 €1 -€0 -15.0%
Cash at bank and in hand 54/58 €1 €1 -€0 -15.0%
Total equity and liabilities 10/49 €1 €1 -€0 -15.0%
Equity 10/15 -€10,576 -€10,820 -€244 -2.3%
Reserves 13 €2,633 €2,633 = 0.0%
Distributable reserves 133 €2,633 €2,633 = 0.0%
Profit (loss) carried forward 14 -€13,209 -€13,453 -€244 -1.8%
Amounts payable 17/49 €10,577 €10,821 +€244 +2.3%
Amounts payable within one year 42/48 €10,577 €10,821 +€244 +2.3%
Other amounts payable 47/48 €10,577 €10,821 +€244 +2.3%
Financial charges 65/66B - €244 +€244
Recurring financial charges 65 - €244 +€244
Profit (loss) for the period before taxes 9903 - -€244 -€244
Profit (loss) for the period 9904 - -€244 -€244
Profit (loss) for the period to be appropriated 9905 - -€244 -€244

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 5 October 2026 via checked.be.