MSKE Las & Technieken: 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.
MSKE Las & Technieken
Largest movements
- Receivables within one year -€18,604
down €18,604 (-33.8%), from €55,045 to €36,441
of which Trade receivables: -€12,863
- Cash +€15,075
up €15,075 (+195%), from €7,746 to €22,821
mainly Net result for the year (+€21,924) and Receivables within one year (+€18,604)
- Tangible fixed assets +€2,935
up €2,935 (+262%), from €1,119 to €4,054
of which Furniture and vehicles: +€2,349
- Other debts +€11,000
up €11,000 (+55.0%), from €20,000 to €31,000
- Reserves -€9,076
down €9,076 (-42.4%), from €21,427 to €12,351
- Tax, wage and social debts -€3,848
down €3,848 (-19.2%), from €20,084 to €16,235
of which Taxes: -€4,231
- Accrued charges and deferred income +€1,367
new in 2025: €1,367
- Gross operating margin -€12,075
down €12,075 (-27.7%), from €43,638 to €31,563
- Financial charges -€2,715
down €2,715 (-88.8%), from €3,057 to €342
- Taxes -€918
down €918 (-10.5%), from €8,732 to €7,814
- Depreciation +€833
up €833 (+156%), from €532 to €1,365
- Other operating charges +€694
up €694 (+203%), from €342 to €1,036
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 | €63,910 | €63,787 | -€123 | -0.2% |
| Fixed assets | 21/28 | €1,119 | €4,054 | +€2,935 | +262% |
| Tangible fixed assets | 22/27 | €1,119 | €4,054 | +€2,935 | +262% |
| Plant, machinery and equipment | 23 | - | €587 | +€587 | |
| Furniture and vehicles | 24 | €1,119 | €3,467 | +€2,349 | +210% |
| Current assets | 29/58 | €62,791 | €59,733 | -€3,058 | -4.9% |
| Amounts receivable within one year | 40/41 | €55,045 | €36,441 | -€18,604 | -33.8% |
| Trade receivables | 40 | €35,531 | €22,669 | -€12,863 | -36.2% |
| Other amounts receivable | 41 | €19,513 | €13,772 | -€5,741 | -29.4% |
| Cash at bank and in hand | 54/58 | €7,746 | €22,821 | +€15,075 | +195% |
| Deferred charges and accrued income | 490/1 | - | €470 | +€470 | |
| Total equity and liabilities | 10/49 | €63,910 | €63,787 | -€123 | -0.2% |
| Equity | 10/15 | €22,927 | €13,851 | -€9,076 | -39.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €21,427 | €12,351 | -€9,076 | -42.4% |
| Distributable reserves | 133 | €21,427 | €12,351 | -€9,076 | -42.4% |
| Amounts payable | 17/49 | €40,983 | €49,936 | +€8,953 | +21.8% |
| Amounts payable within one year | 42/48 | €40,983 | €48,569 | +€7,586 | +18.5% |
| Trade debts | 44 | €900 | €1,334 | +€434 | +48.2% |
| Suppliers | 440/4 | €900 | €1,334 | +€434 | +48.2% |
| Taxes, remuneration and social security | 45 | €20,084 | €16,235 | -€3,848 | -19.2% |
| Taxes | 450/3 | €17,066 | €12,835 | -€4,231 | -24.8% |
| Remuneration and social security | 454/9 | €3,017 | €3,400 | +€383 | +12.7% |
| Other amounts payable | 47/48 | €20,000 | €31,000 | +€11,000 | +55.0% |
| Accrued charges and deferred income | 492/3 | - | €1,367 | +€1,367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €1,365 | +€833 | +156% |
| Other operating charges | 640/8 | €342 | €1,036 | +€694 | +203% |
| Non-recurring operating charges | 66A | €2,586 | - | -€2,586 | |
| Gross operating margin | 9900 | €43,638 | €31,563 | -€12,075 | -27.7% |
| Operating profit (loss) | 9901 | €40,178 | €29,163 | -€11,015 | -27.4% |
| Financial income | 75/76B | €790 | €917 | +€127 | +16.1% |
| Recurring financial income | 75 | €790 | €917 | +€127 | +16.1% |
| Financial charges | 65/66B | €3,057 | €342 | -€2,715 | -88.8% |
| Recurring financial charges | 65 | €3,057 | €342 | -€2,715 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | €37,911 | €29,738 | -€8,173 | -21.6% |
| Income taxes | 67/77 | €8,732 | €7,814 | -€918 | -10.5% |
| Profit (loss) for the period | 9904 | €29,179 | €21,924 | -€7,255 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,179 | €21,924 | -€7,255 | -24.9% |
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 25 October 2026 via checked.be.