MSTUDIO-COIFFURE: 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.
MSTUDIO-COIFFURE
Largest movements
- Cash -€13,192
down €13,192 (-66.4%), from €19,871 to €6,679
mainly Debts after one year (-€14,094) and Net result for the year (-€8,166)
- Tangible fixed assets -€8,209
down €8,209 (-6.3%), from €130,397 to €122,187
of which Furniture and vehicles: -€4,901
- Receivables within one year -€2,957
down €2,957 (-92.5%), from €3,196 to €239
of which Other amounts receivable: -€1,866
- Debts after one year -€14,094
down €14,094 (-11.3%), from €124,395 to €110,301
- Profit (loss) carried forward -€8,166
down €8,166 (-39.5%), from -€20,686 to -€28,852
- Tax, wage and social debts -€6,352
down €6,352 (-43.6%), from €14,576 to €8,224
of which Remuneration and social security: -€7,166
- Trade debts +€3,800
up €3,800 (+162%), from €2,351 to €6,152
- Financial charges -€6,487
down €6,487 (-55.2%), from €11,750 to €5,263
- Gross operating margin +€660
up €660 (+1.2%), from €54,854 to €55,515
- Other operating charges +€620
up €620 (+37.3%), from €1,659 to €2,279
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 | €160,979 | €137,388 | -€23,591 | -14.7% |
| Fixed assets | 21/28 | €130,397 | €122,187 | -€8,209 | -6.3% |
| Tangible fixed assets | 22/27 | €130,397 | €122,187 | -€8,209 | -6.3% |
| Land and buildings | 22 | €112,678 | €110,212 | -€2,466 | -2.2% |
| Plant, machinery and equipment | 23 | €1,614 | €771 | -€842 | -52.2% |
| Furniture and vehicles | 24 | €16,104 | €11,204 | -€4,901 | -30.4% |
| Current assets | 29/58 | €30,582 | €15,200 | -€15,382 | -50.3% |
| Stocks and contracts in progress | 3 | €7,100 | €6,984 | -€117 | -1.6% |
| Stocks | 30/36 | €7,100 | €6,984 | -€117 | -1.6% |
| Amounts receivable within one year | 40/41 | €3,196 | €239 | -€2,957 | -92.5% |
| Trade receivables | 40 | €1,300 | €209 | -€1,091 | -83.9% |
| Other amounts receivable | 41 | €1,896 | €30 | -€1,866 | -98.4% |
| Cash at bank and in hand | 54/58 | €19,871 | €6,679 | -€13,192 | -66.4% |
| Deferred charges and accrued income | 490/1 | €416 | €1,299 | +€884 | +213% |
| Total equity and liabilities | 10/49 | €160,979 | €137,388 | -€23,591 | -14.7% |
| Equity | 10/15 | -€3,492 | -€11,658 | -€8,166 | -234% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,994 | €10,994 | = | 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% |
| Distributable reserves | 133 | €9,134 | €9,134 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,686 | -€28,852 | -€8,166 | -39.5% |
| Amounts payable | 17/49 | €164,470 | €149,046 | -€15,425 | -9.4% |
| Amounts payable after more than one year | 17 | €124,395 | €110,301 | -€14,094 | -11.3% |
| Financial debts | 170/4 | €124,395 | €110,301 | -€14,094 | -11.3% |
| Amounts payable within one year | 42/48 | €40,067 | €38,634 | -€1,433 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €13,624 | €14,094 | +€471 | +3.5% |
| Trade debts | 44 | €2,351 | €6,152 | +€3,800 | +162% |
| Suppliers | 440/4 | €2,351 | €6,152 | +€3,800 | +162% |
| Taxes, remuneration and social security | 45 | €14,576 | €8,224 | -€6,352 | -43.6% |
| Taxes | 450/3 | €3,573 | €4,387 | +€814 | +22.8% |
| Remuneration and social security | 454/9 | €11,004 | €3,837 | -€7,166 | -65.1% |
| Other amounts payable | 47/48 | €9,516 | €10,164 | +€648 | +6.8% |
| Accrued charges and deferred income | 492/3 | €8 | €111 | +€103 | +1,221% |
| Non-recurring operating income | 76A | €84 | €223 | +€139 | +166% |
| Remuneration, social security and pensions | 62 | €45,069 | €45,370 | +€300 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,768 | €10,568 | -€200 | -1.9% |
| Other operating charges | 640/8 | €1,659 | €2,279 | +€620 | +37.3% |
| Gross operating margin | 9900 | €54,854 | €55,515 | +€660 | +1.2% |
| Operating profit (loss) | 9901 | -€2,643 | -€2,703 | -€60 | -2.3% |
| Financial income | 75/76B | €64 | €27 | -€37 | -57.3% |
| Recurring financial income | 75 | €64 | €27 | -€37 | -57.3% |
| Financial charges | 65/66B | €11,750 | €5,263 | -€6,487 | -55.2% |
| Recurring financial charges | 65 | €11,750 | €5,263 | -€6,487 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,328 | -€7,938 | +€6,390 | +44.6% |
| Income taxes | 67/77 | €229 | €228 | -€0 | -0.2% |
| Profit (loss) for the period | 9904 | -€14,557 | -€8,166 | +€6,391 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,557 | -€8,166 | +€6,391 | +43.9% |
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 17 October 2026 via checked.be.