MS RENOVATION: 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 RENOVATION
Largest movements
- Receivables within one year +€1,453
up €1,453 (+76.4%), from €1,902 to €3,355
of which Trade receivables: +€1,453
- Cash -€807
down €807 (-15.1%), from €5,341 to €4,535
- Other debts +€2,700
new in 2024: €2,700
- Profit (loss) carried forward -€2,517
down €2,517 (-77.6%), from €3,243 to €726
- Tax, wage and social debts +€463
new in 2024: €463
- Purchases and services -€7,232
down €7,232 (-33.3%), from €21,706 to €14,474
- Gross operating margin +€7,078
up €7,078 (+74.0%), from -€9,559 to -€2,481
- Turnover -€154
down €154 (-1.3%), from €12,147 to €11,993
From the 2022 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,243 | €7,889 | +€646 | +8.9% |
| Current assets | 29/58 | €7,243 | €7,889 | +€646 | +8.9% |
| Amounts receivable within one year | 40/41 | €1,902 | €3,355 | +€1,453 | +76.4% |
| Trade receivables | 40 | - | €1,453 | +€1,453 | |
| Other amounts receivable | 41 | €1,902 | €1,902 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,341 | €4,535 | -€807 | -15.1% |
| Total equity and liabilities | 10/49 | €7,243 | €7,889 | +€646 | +8.9% |
| Equity | 10/15 | €7,243 | €4,726 | -€2,517 | -34.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,243 | €726 | -€2,517 | -77.6% |
| Amounts payable | 17/49 | - | €3,163 | +€3,163 | |
| Amounts payable within one year | 42/48 | - | €3,163 | +€3,163 | |
| Taxes, remuneration and social security | 45 | - | €463 | +€463 | |
| Taxes | 450/3 | - | €463 | +€463 | |
| Other amounts payable | 47/48 | - | €2,700 | +€2,700 | |
| Turnover | 70 | €12,147 | €11,993 | -€154 | -1.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,706 | €14,474 | -€7,232 | -33.3% |
| Gross operating margin | 9900 | -€9,559 | -€2,481 | +€7,078 | +74.0% |
| Operating profit (loss) | 9901 | -€9,559 | -€2,481 | +€7,078 | +74.0% |
| Financial charges | 65/66B | €20 | €36 | +€15 | +76.3% |
| Recurring financial charges | 65 | €20 | €36 | +€15 | +76.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,579 | -€2,517 | +€7,063 | +73.7% |
| Profit (loss) for the period | 9904 | -€9,579 | -€2,517 | +€7,063 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,579 | -€2,517 | +€7,063 | +73.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.