MTS Services: 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.
MTS Services
Largest movements
- Receivables within one year +€43,637
up €43,637 (+45.2%), from €96,631 to €140,268
of which Other amounts receivable: +€44,006
- Receivables after one year +€22,909
up €22,909 (+58.7%), from €39,017 to €61,926
- Cash -€7,775
down €7,775 (-40.3%), from €19,293 to €11,518
mainly Receivables within one year (-€43,637) and Receivables after one year (-€22,909)
- Profit (loss) carried forward +€56,885
up €56,885 (+108.9%), from €52,248 to €109,133
- Other debts -€15,000
no longer reported in 2024 (was €15,000)
- Tax, wage and social debts +€10,852
up €10,852 (+49.8%), from €21,810 to €32,662
of which Taxes: +€11,852
- Trade debts +€5,726
up €5,726 (+13.0%), from €44,217 to €49,944
- Gross operating margin +€6,672
up €6,672 (+8.8%), from €76,094 to €82,766
- Financial income -€2,173
no longer reported in 2024 (was €2,173)
- Other operating charges +€2,137
up €2,137 (+214.6%), from €996 to €3,132
- Taxes +€1,110
up €1,110 (+6.7%), from €16,541 to €17,651
- Financial charges -€842
down €842 (-14.2%), from €5,940 to €5,098
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,464 | €213,927 | +€58,464 | +37.6% |
| Fixed assets | 21/28 | €96 | €96 | = | 0.0% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €155,368 | €213,831 | +€58,464 | +37.6% |
| Amounts receivable after more than one year | 29 | €39,017 | €61,926 | +€22,909 | +58.7% |
| Trade receivables | 290 | €39,017 | €61,926 | +€22,909 | +58.7% |
| Amounts receivable within one year | 40/41 | €96,631 | €140,268 | +€43,637 | +45.2% |
| Trade receivables | 40 | €4,004 | €3,635 | -€369 | -9.2% |
| Other amounts receivable | 41 | €92,628 | €136,634 | +€44,006 | +47.5% |
| Cash at bank and in hand | 54/58 | €19,293 | €11,518 | -€7,775 | -40.3% |
| Deferred charges and accrued income | 490/1 | €427 | €119 | -€308 | -72.2% |
| Total equity and liabilities | 10/49 | €155,464 | €213,927 | +€58,464 | +37.6% |
| Equity | 10/15 | €74,436 | €131,322 | +€56,885 | +76.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,689 | €19,689 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,689 | €19,689 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,689 | €19,689 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,248 | €109,133 | +€56,885 | +108.9% |
| Amounts payable | 17/49 | €81,027 | €82,605 | +€1,578 | +1.9% |
| Amounts payable within one year | 42/48 | €81,027 | €82,605 | +€1,578 | +1.9% |
| Trade debts | 44 | €44,217 | €49,944 | +€5,726 | +13.0% |
| Suppliers | 440/4 | €44,217 | €49,944 | +€5,726 | +13.0% |
| Taxes, remuneration and social security | 45 | €21,810 | €32,662 | +€10,852 | +49.8% |
| Taxes | 450/3 | €20,810 | €32,662 | +€11,852 | +57.0% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Other operating charges | 640/8 | €996 | €3,132 | +€2,137 | +214.6% |
| Gross operating margin | 9900 | €76,094 | €82,766 | +€6,672 | +8.8% |
| Operating profit (loss) | 9901 | €75,098 | €79,634 | +€4,536 | +6.0% |
| Financial income | 75/76B | €2,173 | - | -€2,173 | |
| Recurring financial income | 75 | €2,173 | - | -€2,173 | |
| Financial charges | 65/66B | €5,940 | €5,098 | -€842 | -14.2% |
| Recurring financial charges | 65 | €5,940 | €5,098 | -€842 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €71,332 | €74,536 | +€3,204 | +4.5% |
| Income taxes | 67/77 | €16,541 | €17,651 | +€1,110 | +6.7% |
| Profit (loss) for the period | 9904 | €54,791 | €56,885 | +€2,094 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,791 | €56,885 | +€2,094 | +3.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.