MSB & CO SPRL: 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.
MSB & CO SPRL
Largest movements
- Receivables within one year -€10,713
down €10,713 (-72.4%), from €14,796 to €4,083
of which Trade receivables: -€10,501
- Tangible fixed assets -€4,620
down €4,620 (-100%), from €4,620 to €0
- Profit (loss) carried forward -€11,250
down €11,250 (-27.4%), from -€41,050 to -€52,300
- Debts after one year -€7,931
down €7,931 (-43.9%), from €18,061 to €10,129
- Current portion of long-term debt +€7,194
up €7,194 (+42.8%), from €16,824 to €24,018
- Short-term financial debts -€2,260
down €2,260 (-100%), from €2,260 to €0
- Trade debts -€855
down €855 (-31.5%), from €2,713 to €1,859
- Gross operating margin -€8,840
down €8,840, from €2,958 to -€5,882
- Depreciation -€6,322
down €6,322 (-57.8%), from €10,941 to €4,620
- Taxes -€916
down €916 (-100%), from €916 to €0
- Financial charges -€677
down €677 (-74.1%), from €914 to €237
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.
Derived cash bridge
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 | €19,415 | €4,166 | -€15,249 | -78.5% |
| Fixed assets | 21/28 | €4,620 | €0 | -€4,620 | -100% |
| Tangible fixed assets | 22/27 | €4,620 | €0 | -€4,620 | -100% |
| Furniture and vehicles | 24 | €4,620 | €0 | -€4,620 | -100% |
| Current assets | 29/58 | €14,796 | €4,166 | -€10,629 | -71.8% |
| Amounts receivable within one year | 40/41 | €14,796 | €4,083 | -€10,713 | -72.4% |
| Trade receivables | 40 | €14,302 | €3,801 | -€10,501 | -73.4% |
| Other amounts receivable | 41 | €494 | €282 | -€212 | -42.9% |
| Cash at bank and in hand | 54/58 | - | €83 | +€83 | |
| Total equity and liabilities | 10/49 | €19,415 | €4,166 | -€15,249 | -78.5% |
| Equity | 10/15 | -€20,590 | -€31,840 | -€11,250 | -54.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,050 | -€52,300 | -€11,250 | -27.4% |
| Amounts payable | 17/49 | €40,006 | €36,006 | -€3,999 | -10.0% |
| Amounts payable after more than one year | 17 | €18,061 | €10,129 | -€7,931 | -43.9% |
| Financial debts | 170/4 | €18,061 | €10,129 | -€7,931 | -43.9% |
| Amounts payable within one year | 42/48 | €21,945 | €25,877 | +€3,932 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €16,824 | €24,018 | +€7,194 | +42.8% |
| Financial debts | 43 | €2,260 | €0 | -€2,260 | -100% |
| Credit institutions | 430/8 | €2,260 | €0 | -€2,260 | -100% |
| Trade debts | 44 | €2,713 | €1,859 | -€855 | -31.5% |
| Suppliers | 440/4 | €2,713 | €1,859 | -€855 | -31.5% |
| Taxes, remuneration and social security | 45 | €148 | €0 | -€148 | -100% |
| Taxes | 450/3 | €148 | €0 | -€148 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,941 | €4,620 | -€6,322 | -57.8% |
| Other operating charges | 640/8 | €486 | €511 | +€25 | +5.2% |
| Gross operating margin | 9900 | €2,958 | -€5,882 | -€8,840 | |
| Operating profit (loss) | 9901 | -€8,470 | -€11,013 | -€2,543 | -30.0% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €914 | €237 | -€677 | -74.1% |
| Recurring financial charges | 65 | €914 | €237 | -€677 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,381 | -€11,250 | -€1,869 | -19.9% |
| Income taxes | 67/77 | €916 | €0 | -€916 | -100% |
| Profit (loss) for the period | 9904 | -€10,297 | -€11,250 | -€953 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,297 | -€11,250 | -€953 | -9.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.