MSIXTYONE: 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.
MSIXTYONE
Largest movements
- Receivables after one year -€15,000
down €15,000 (-3.9%), from €382,000 to €367,000
of which Trade receivables: -€382,000
- Receivables within one year -€11,381
down €11,381 (-23.0%), from €49,492 to €38,111
of which Trade receivables: -€9,598
- Other debts -€17,822
down €17,822 (-24.7%), from €72,230 to €54,408
- Reserves -€10,247
down €10,247 (-4.2%), from €244,719 to €234,471
of which Distributable reserves: -€10,247
- Short-term financial debts -€9,868
down €9,868 (-72.4%), from €13,631 to €3,763
- Trade debts +€9,546
up €9,546 (+76.2%), from €12,523 to €22,069
- Other operating charges +€4,328
up €4,328 (+81.2%), from €5,332 to €9,660
- Taxes -€1,824
down €1,824 (-8.7%), from €20,896 to €19,072
- Gross operating margin +€1,563
up €1,563 (+2.3%), from €67,987 to €69,550
- Financial charges -€934
down €934 (-16.7%), from €5,578 to €4,644
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.
Cash bridge derived
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 | €432,812 | €405,694 | -€27,118 | -6.3% |
| Fixed assets | 21/28 | €737 | €157 | -€580 | -78.7% |
| Tangible fixed assets | 22/27 | €737 | €157 | -€580 | -78.7% |
| Furniture and vehicles | 24 | €737 | €157 | -€580 | -78.7% |
| Current assets | 29/58 | €432,075 | €405,537 | -€26,538 | -6.1% |
| Amounts receivable after more than one year | 29 | €382,000 | €367,000 | -€15,000 | -3.9% |
| Trade receivables | 290 | €382,000 | - | -€382,000 | |
| Other amounts receivable | 291 | - | €367,000 | +€367,000 | |
| Amounts receivable within one year | 40/41 | €49,492 | €38,111 | -€11,381 | -23.0% |
| Trade receivables | 40 | €47,643 | €38,045 | -€9,598 | -20.1% |
| Other amounts receivable | 41 | €1,849 | €66 | -€1,783 | -96.4% |
| Cash at bank and in hand | 54/58 | €157 | €0 | -€157 | -100.0% |
| Deferred charges and accrued income | 490/1 | €426 | €426 | = | 0.0% |
| Total equity and liabilities | 10/49 | €432,812 | €405,694 | -€27,118 | -6.3% |
| Equity | 10/15 | €263,319 | €253,071 | -€10,247 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €244,719 | €234,471 | -€10,247 | -4.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,989 | €4,989 | = | 0.0% |
| Distributable reserves | 133 | €237,869 | €227,622 | -€10,247 | -4.3% |
| Amounts payable | 17/49 | €169,493 | €152,623 | -€16,870 | -10.0% |
| Amounts payable within one year | 42/48 | €169,493 | €152,623 | -€16,870 | -10.0% |
| Financial debts | 43 | €13,631 | €3,763 | -€9,868 | -72.4% |
| Credit institutions | 430/8 | €13,631 | €3,763 | -€9,868 | -72.4% |
| Trade debts | 44 | €12,523 | €22,069 | +€9,546 | +76.2% |
| Suppliers | 440/4 | €12,523 | €22,069 | +€9,546 | +76.2% |
| Taxes, remuneration and social security | 45 | €71,110 | €72,384 | +€1,274 | +1.8% |
| Taxes | 450/3 | €66,610 | €68,884 | +€2,274 | +3.4% |
| Remuneration and social security | 454/9 | €4,500 | €3,500 | -€1,000 | -22.2% |
| Other amounts payable | 47/48 | €72,230 | €54,408 | -€17,822 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €580 | -€84 | -12.7% |
| Other operating charges | 640/8 | €5,332 | €9,660 | +€4,328 | +81.2% |
| Gross operating margin | 9900 | €67,987 | €69,550 | +€1,563 | +2.3% |
| Operating profit (loss) | 9901 | €61,991 | €59,309 | -€2,681 | -4.3% |
| Financial income | 75/76B | €8,737 | €8,356 | -€382 | -4.4% |
| Recurring financial income | 75 | €8,737 | €8,356 | -€382 | -4.4% |
| Financial charges | 65/66B | €5,578 | €4,644 | -€934 | -16.7% |
| Recurring financial charges | 65 | €5,578 | €4,644 | -€934 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €65,150 | €63,021 | -€2,129 | -3.3% |
| Income taxes | 67/77 | €20,896 | €19,072 | -€1,824 | -8.7% |
| Profit (loss) for the period | 9904 | €44,254 | €43,949 | -€305 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,254 | €43,949 | -€305 | -0.7% |
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 9 October 2026 via checked.be.