MS Total Construct: 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 Total Construct
Largest movements
- Tangible fixed assets +€19,170
up €19,170 (+450.8%), from €4,253 to €23,423
of which Furniture and vehicles: +€13,114
- Stocks and contracts +€10,604
new in 2024: €10,604
- Receivables within one year -€5,226
down €5,226 (-38.9%), from €13,419 to €8,193
of which Trade receivables: -€4,391
- Cash +€547
up €547 (+28925.9%), from €2 to €549
mainly Trade debts (+€16,339) and Tax, wage and social debts (+€8,212)
- Trade debts +€16,339
up €16,339 (+222.7%), from €7,338 to €23,677
- Tax, wage and social debts +€8,212
up €8,212 (+82.1%), from €10,002 to €18,214
of which Remuneration and social security: +€6,388
- Profit (loss) carried forward +€3,156
up €3,156, from -€1,390 to €1,766
- Other debts -€2,505
no longer reported in 2024 (was €2,505)
- Gross operating margin +€30,330
up €30,330 (+68.4%), from €44,329 to €74,658
- Staff costs +€24,942
up €24,942 (+62.6%), from €39,815 to €64,757
- Financial income +€2,299
up €2,299 (+1436875.0%), from €0 to €2,299
- Depreciation +€1,676
up €1,676 (+52.2%), from €3,209 to €4,885
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,954 | €44,157 | +€25,203 | +133.0% |
| Fixed assets | 21/28 | €5,533 | €24,383 | +€18,850 | +340.7% |
| Intangible fixed assets | 21 | €1,280 | €960 | -€320 | -25.0% |
| Tangible fixed assets | 22/27 | €4,253 | €23,423 | +€19,170 | +450.8% |
| Land and buildings | 22 | - | €3,841 | +€3,841 | |
| Plant, machinery and equipment | 23 | €2,065 | €4,280 | +€2,215 | +107.3% |
| Furniture and vehicles | 24 | €2,188 | €15,302 | +€13,114 | +599.4% |
| Current assets | 29/58 | €13,421 | €19,774 | +€6,353 | +47.3% |
| Stocks and contracts in progress | 3 | - | €10,604 | +€10,604 | |
| Stocks | 30/36 | - | €10,604 | +€10,604 | |
| Amounts receivable within one year | 40/41 | €13,419 | €8,193 | -€5,226 | -38.9% |
| Trade receivables | 40 | €9,722 | €5,331 | -€4,391 | -45.2% |
| Other amounts receivable | 41 | €3,697 | €2,862 | -€835 | -22.6% |
| Cash at bank and in hand | 54/58 | €2 | €549 | +€547 | +28925.9% |
| Deferred charges and accrued income | 490/1 | - | €428 | +€428 | |
| Total equity and liabilities | 10/49 | €18,954 | €44,157 | +€25,203 | +133.0% |
| Equity | 10/15 | -€890 | €2,266 | +€3,156 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,390 | €1,766 | +€3,156 | |
| Amounts payable | 17/49 | €19,844 | €41,891 | +€22,046 | +111.1% |
| Amounts payable within one year | 42/48 | €19,844 | €41,891 | +€22,046 | +111.1% |
| Trade debts | 44 | €7,338 | €23,677 | +€16,339 | +222.7% |
| Suppliers | 440/4 | €7,338 | €23,677 | +€16,339 | +222.7% |
| Taxes, remuneration and social security | 45 | €10,002 | €18,214 | +€8,212 | +82.1% |
| Taxes | 450/3 | €2,436 | €4,261 | +€1,825 | +74.9% |
| Remuneration and social security | 454/9 | €7,565 | €13,953 | +€6,388 | +84.4% |
| Other amounts payable | 47/48 | €2,505 | - | -€2,505 | |
| Remuneration, social security and pensions | 62 | €39,815 | €64,757 | +€24,942 | +62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,209 | €4,885 | +€1,676 | +52.2% |
| Other operating charges | 640/8 | €101 | €564 | +€463 | +458.4% |
| Gross operating margin | 9900 | €44,329 | €74,658 | +€30,330 | +68.4% |
| Operating profit (loss) | 9901 | €1,203 | €4,452 | +€3,249 | +270.0% |
| Financial income | 75/76B | €0 | €2,299 | +€2,299 | +1436875.0% |
| Recurring financial income | 75 | €0 | €2,299 | +€2,299 | +1436875.0% |
| Financial charges | 65/66B | €157 | €586 | +€429 | +272.9% |
| Recurring financial charges | 65 | €157 | €586 | +€429 | +272.9% |
| Profit (loss) for the period before taxes | 9903 | €1,046 | €6,165 | +€5,119 | +489.2% |
| Income taxes | 67/77 | €2,436 | €3,009 | +€573 | +23.5% |
| Profit (loss) for the period | 9904 | -€1,390 | €3,156 | +€4,546 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,390 | €3,156 | +€4,546 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.