MS Technology & Events: 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 Technology & Events
Largest movements
- Cash +€23,153
up €23,153 (+77.9%), from €29,705 to €52,858
mainly Other debts (+€30,718) and Net result for the year (+€18,588)
- Receivables within one year -€3,263
down €3,263 (-22.1%), from €14,795 to €11,533
of which Trade receivables: -€2,303
- Other debts +€30,718
new in 2025: €30,718
- Profit (loss) carried forward -€10,824
down €10,824 (-25.1%), from €43,043 to €32,219
- Trade debts +€4,282
up €4,282 (+735%), from €583 to €4,864
- Tax, wage and social debts -€4,205
down €4,205 (-57.5%), from €7,314 to €3,110
of which Remuneration and social security: -€2,555
- Gross operating margin +€18,140
up €18,140 (+202%), from €8,986 to €27,125
- Taxes +€2,811
up €2,811 (+109%), from €2,567 to €5,379
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 | €53,941 | €73,911 | +€19,971 | +37.0% |
| Fixed assets | 21/28 | €9,440 | €9,520 | +€80 | +0.8% |
| Tangible fixed assets | 22/27 | €9,400 | €9,480 | +€80 | +0.9% |
| Plant, machinery and equipment | 23 | €8,408 | €6,879 | -€1,529 | -18.2% |
| Furniture and vehicles | 24 | €993 | €2,601 | +€1,609 | +162% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €44,500 | €64,391 | +€19,891 | +44.7% |
| Amounts receivable within one year | 40/41 | €14,795 | €11,533 | -€3,263 | -22.1% |
| Trade receivables | 40 | €10,698 | €8,395 | -€2,303 | -21.5% |
| Other amounts receivable | 41 | €4,098 | €3,138 | -€959 | -23.4% |
| Cash at bank and in hand | 54/58 | €29,705 | €52,858 | +€23,153 | +77.9% |
| Total equity and liabilities | 10/49 | €53,941 | €73,911 | +€19,971 | +37.0% |
| Equity | 10/15 | €46,043 | €35,219 | -€10,824 | -23.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,043 | €32,219 | -€10,824 | -25.1% |
| Amounts payable | 17/49 | €7,897 | €38,692 | +€30,795 | +390% |
| Amounts payable within one year | 42/48 | €7,897 | €38,692 | +€30,795 | +390% |
| Trade debts | 44 | €583 | €4,864 | +€4,282 | +735% |
| Suppliers | 440/4 | €583 | €4,864 | +€4,282 | +735% |
| Taxes, remuneration and social security | 45 | €7,314 | €3,110 | -€4,205 | -57.5% |
| Taxes | 450/3 | €4,744 | €3,094 | -€1,649 | -34.8% |
| Remuneration and social security | 454/9 | €2,571 | €15 | -€2,555 | -99.4% |
| Other amounts payable | 47/48 | - | €30,718 | +€30,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,158 | €2,274 | +€115 | +5.3% |
| Other operating charges | 640/8 | €929 | €690 | -€239 | -25.8% |
| Gross operating margin | 9900 | €8,986 | €27,125 | +€18,140 | +202% |
| Operating profit (loss) | 9901 | €5,898 | €24,162 | +€18,264 | +310% |
| Financial income | 75/76B | €35 | €0 | -€35 | -99.7% |
| Recurring financial income | 75 | €35 | €0 | -€35 | -99.7% |
| Financial charges | 65/66B | €338 | €196 | -€142 | -42.0% |
| Recurring financial charges | 65 | €338 | €196 | -€142 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €5,595 | €23,966 | +€18,371 | +328% |
| Income taxes | 67/77 | €2,567 | €5,379 | +€2,811 | +109% |
| Profit (loss) for the period | 9904 | €3,028 | €18,588 | +€15,560 | +514% |
| Profit (loss) for the period to be appropriated | 9905 | €3,028 | €18,588 | +€15,560 | +514% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.