MTSA Cleaning: 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.
MTSA Cleaning
Largest movements
- Receivables within one year +€127,245
up €127,245 (+44.6%), from €284,995 to €412,240
of which Trade receivables: +€131,897
- Stocks and contracts -€23,497
no longer reported in 2024 (was €23,497)
- Tangible fixed assets -€15,950
down €15,950 (-20.7%), from €76,940 to €60,990
of which Leasing and similar rights: -€20,020
- Cash -€13,729
down €13,729 (-93.7%), from €14,657 to €928
mainly Receivables within one year (-€127,245) and Other debts (-€23,886)
- Profit (loss) carried forward +€81,138
up €81,138 (+40.7%), from €199,285 to €280,423
- Trade debts +€27,807
up €27,807 (+30.0%), from €92,567 to €120,374
- Other debts -€23,886
no longer reported in 2024 (was €23,886)
- Debts after one year -€11,790
down €11,790 (-40.8%), from €28,923 to €17,134
- Current portion of long-term debt -€7,300
down €7,300 (-54.0%), from €13,509 to €6,210
- Gross operating margin +€158,915
up €158,915 (+27.6%), from €575,913 to €734,828
- Staff costs +€94,272
up €94,272 (+20.3%), from €463,601 to €557,874
- Other operating charges +€22,315
up €22,315 (+261%), from €8,548 to €30,863
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.
Derived cash bridge
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 | €431,915 | €511,634 | +€79,719 | +18.5% |
| Fixed assets | 21/28 | €106,734 | €95,557 | -€11,177 | -10.5% |
| Tangible fixed assets | 22/27 | €76,940 | €60,990 | -€15,950 | -20.7% |
| Plant, machinery and equipment | 23 | €15,934 | €10,929 | -€5,005 | -31.4% |
| Furniture and vehicles | 24 | €40,986 | €50,061 | +€9,075 | +22.1% |
| Leasing and similar rights | 25 | €20,020 | - | -€20,020 | |
| Financial fixed assets | 28 | €29,794 | €34,566 | +€4,773 | +16.0% |
| Current assets | 29/58 | €325,181 | €416,078 | +€90,896 | +28.0% |
| Stocks and contracts in progress | 3 | €23,497 | - | -€23,497 | |
| Contracts in progress | 37 | €23,497 | - | -€23,497 | |
| Amounts receivable within one year | 40/41 | €284,995 | €412,240 | +€127,245 | +44.6% |
| Trade receivables | 40 | €209,209 | €341,106 | +€131,897 | +63.0% |
| Other amounts receivable | 41 | €75,786 | €71,134 | -€4,652 | -6.1% |
| Cash at bank and in hand | 54/58 | €14,657 | €928 | -€13,729 | -93.7% |
| Deferred charges and accrued income | 490/1 | €2,033 | €2,910 | +€877 | +43.2% |
| Total equity and liabilities | 10/49 | €431,915 | €511,634 | +€79,719 | +18.5% |
| Equity | 10/15 | €213,545 | €294,683 | +€81,138 | +38.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €199,285 | €280,423 | +€81,138 | +40.7% |
| Provisions and deferred taxes | 16 | €29,749 | €34,521 | +€4,773 | +16.0% |
| Provisions for liabilities and charges | 160/5 | €29,749 | €34,521 | +€4,773 | +16.0% |
| Other liabilities and charges | 164/5 | €29,749 | €34,521 | +€4,773 | +16.0% |
| Amounts payable | 17/49 | €188,622 | €182,430 | -€6,192 | -3.3% |
| Amounts payable after more than one year | 17 | €28,923 | €17,134 | -€11,790 | -40.8% |
| Financial debts | 170/4 | €28,923 | €17,134 | -€11,790 | -40.8% |
| Amounts payable within one year | 42/48 | €159,698 | €165,297 | +€5,598 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €13,509 | €6,210 | -€7,300 | -54.0% |
| Financial debts | 43 | €10,826 | €17,410 | +€6,584 | +60.8% |
| Credit institutions | 430/8 | €10,826 | €17,410 | +€6,584 | +60.8% |
| Trade debts | 44 | €92,567 | €120,374 | +€27,807 | +30.0% |
| Suppliers | 440/4 | €92,567 | €120,374 | +€27,807 | +30.0% |
| Taxes, remuneration and social security | 45 | €18,911 | €21,303 | +€2,392 | +12.7% |
| Taxes | 450/3 | €6,625 | €6,415 | -€210 | -3.2% |
| Remuneration and social security | 454/9 | €12,286 | €14,889 | +€2,602 | +21.2% |
| Other amounts payable | 47/48 | €23,886 | - | -€23,886 | |
| Remuneration, social security and pensions | 62 | €463,601 | €557,874 | +€94,272 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,685 | €26,640 | -€3,044 | -10.3% |
| Other operating charges | 640/8 | €8,548 | €30,863 | +€22,315 | +261% |
| Non-recurring operating charges | 66A | €656 | €3,010 | +€2,354 | +359% |
| Gross operating margin | 9900 | €575,913 | €734,828 | +€158,915 | +27.6% |
| Operating profit (loss) | 9901 | €73,422 | €116,441 | +€43,019 | +58.6% |
| Financial income | 75/76B | €2,163 | €3,553 | +€1,390 | +64.3% |
| Recurring financial income | 75 | €2,163 | €10 | -€2,153 | -99.5% |
| Non-recurring financial income | 76B | €2,163 | €3,543 | +€1,380 | +63.8% |
| Financial charges | 65/66B | €6,450 | €6,856 | +€407 | +6.3% |
| Recurring financial charges | 65 | €6,450 | €4,888 | -€1,562 | -24.2% |
| Non-recurring financial charges | 66B | - | €1,969 | +€1,969 | |
| Profit (loss) for the period before taxes | 9903 | €69,136 | €113,138 | +€44,002 | +63.6% |
| Income taxes | 67/77 | €30,435 | €32,000 | +€1,565 | +5.1% |
| Profit (loss) for the period | 9904 | €38,701 | €81,138 | +€42,437 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €38,701 | €81,138 | +€42,437 | +110% |
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 14 October 2026 via checked.be.