MSL FOODS: what changed
What changed
MSL FOODS
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
-€565
2024 · -€370-€194
Equity
€3,408
2024 · €3,972-€565
Cash
-
not filed
Balance sheet total
€3,408
2024 · €3,972-€565
Largest movements
Assets
- Formation expenses -€500
down €500 (-76.8%), from €651 to €151
- Receivables within one year -€65
down €65 (-1.9%), from €3,321 to €3,257
Equity and liabilities
- Profit (loss) carried forward -€565
down €565 (-14.0%), from -€4,028 to -€4,592
Income statement
- Gross operating margin -€168
no longer reported in 2025 (was €168)
- Financial charges +€26
up €26 (+67.5%), from €39 to €65
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€370
Other operating items
-€168
Financial charges
-€26
Result 2025
-€565
lowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,972 | €3,408 | -€565 | -14.2% |
| Formation expenses | 20 | €651 | €151 | -€500 | -76.8% |
| Current assets | 29/58 | €3,321 | €3,257 | -€65 | -1.9% |
| Amounts receivable within one year | 40/41 | €3,321 | €3,257 | -€65 | -1.9% |
| Other amounts receivable | 41 | €3,321 | €3,257 | -€65 | -1.9% |
| Total equity and liabilities | 10/49 | €3,972 | €3,408 | -€565 | -14.2% |
| Equity | 10/15 | €3,972 | €3,408 | -€565 | -14.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,028 | -€4,592 | -€565 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Gross operating margin | 9900 | €168 | - | -€168 | |
| Operating profit (loss) | 9901 | -€332 | -€500 | -€168 | -50.6% |
| Financial charges | 65/66B | €39 | €65 | +€26 | +67.5% |
| Recurring financial charges | 65 | €39 | €65 | +€26 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | -€370 | -€565 | -€194 | -52.4% |
| Profit (loss) for the period | 9904 | -€370 | -€565 | -€194 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€370 | -€565 | -€194 | -52.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.