MSI TABAC: 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.
MSI TABAC
Largest movements
- Cash -€37,822
down €37,822 (-88.0%), from €42,982 to €5,161
mainly Other debts (-€24,108) and Net result for the year (-€13,190)
- Deferred charges and accrued income +€1,212
new in 2023: €1,212
- Tangible fixed assets -€526
down €526 (-36.8%), from €1,429 to €903
- Other debts -€24,108
down €24,108 (-57.2%), from €42,126 to €18,018
- Profit (loss) carried forward -€13,190
down €13,190, from €571 to -€12,620
- Gross operating margin -€27,476
down €27,476, from €16,947 to -€10,529
- Financial charges -€3,431
down €3,431 (-78.8%), from €4,356 to €924
- Other operating charges +€868
up €868 (+252.8%), from €343 to €1,211
- Depreciation +€378
up €378 (+254.4%), from €148 to €526
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,919 | €8,586 | -€37,333 | -81.3% |
| Fixed assets | 21/28 | €1,429 | €903 | -€526 | -36.8% |
| Tangible fixed assets | 22/27 | €1,429 | €903 | -€526 | -36.8% |
| Furniture and vehicles | 24 | €1,429 | €903 | -€526 | -36.8% |
| Current assets | 29/58 | €44,490 | €7,683 | -€36,807 | -82.7% |
| Amounts receivable within one year | 40/41 | €1,507 | €1,310 | -€197 | -13.1% |
| Other amounts receivable | 41 | €1,507 | €1,310 | -€197 | -13.1% |
| Cash at bank and in hand | 54/58 | €42,982 | €5,161 | -€37,822 | -88.0% |
| Deferred charges and accrued income | 490/1 | - | €1,212 | +€1,212 | |
| Total equity and liabilities | 10/49 | €45,919 | €8,586 | -€37,333 | -81.3% |
| Equity | 10/15 | €3,571 | -€9,620 | -€13,190 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €571 | -€12,620 | -€13,190 | |
| Amounts payable | 17/49 | €42,348 | €18,206 | -€24,143 | -57.0% |
| Amounts payable within one year | 42/48 | €42,348 | €18,206 | -€24,143 | -57.0% |
| Trade debts | 44 | €61 | - | -€61 | |
| Suppliers | 440/4 | €61 | - | -€61 | |
| Taxes, remuneration and social security | 45 | €162 | €188 | +€26 | +16.0% |
| Taxes | 450/3 | €162 | €188 | +€26 | +16.0% |
| Other amounts payable | 47/48 | €42,126 | €18,018 | -€24,108 | -57.2% |
| Non-recurring operating income | 76A | - | €12,654 | +€12,654 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148 | €526 | +€378 | +254.4% |
| Other operating charges | 640/8 | €343 | €1,211 | +€868 | +252.8% |
| Gross operating margin | 9900 | €16,947 | -€10,529 | -€27,476 | |
| Operating profit (loss) | 9901 | €16,455 | -€12,266 | -€28,721 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,356 | €924 | -€3,431 | -78.8% |
| Recurring financial charges | 65 | €4,356 | €924 | -€3,431 | -78.8% |
| Profit (loss) for the period before taxes | 9903 | €12,100 | -€13,190 | -€25,290 | |
| Income taxes | 67/77 | €162 | - | -€162 | |
| Profit (loss) for the period | 9904 | €11,938 | -€13,190 | -€25,128 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,938 | -€13,190 | -€25,128 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.