A L’OMBRE DU MORINGA: what changed
A L’OMBRE DU MORINGA
Largest movements
- Tangible fixed assets +€116,075
new in 2025: €116,075
of which Land and buildings: +€111,954
- Cash +€38,738
up €38,738 (+377%), from €10,286 to €49,023
mainly Debts after one year (+€113,486) and Net result for the year (+€25,519)
- Receivables within one year -€3,105
down €3,105 (-15.5%), from €20,050 to €16,945
of which Other amounts receivable: -€4,396
- Debts after one year +€113,486
new in 2025: €113,486
- Profit (loss) carried forward +€24,686
new in 2025: €24,686
- Current portion of long-term debt +€11,378
new in 2025: €11,378
- Tax, wage and social debts -€8,125
down €8,125 (-76.5%), from €10,625 to €2,500
- Trade debts +€7,827
up €7,827 (+1,187%), from €659 to €8,486
- Gross operating margin +€32,184
up €32,184 (+134%), from €24,026 to €56,210
- Write-downs +€18,018
new in 2025: €18,018
- Financial charges +€2,629
new in 2025: €2,629
- Depreciation +€1,878
new in 2025: €1,878
- Other operating charges +€943
up €943 (+654%), from €144 to €1,088
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.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,541 | €182,249 | +€151,708 | +497% |
| Fixed assets | 21/28 | - | €116,075 | +€116,075 | |
| Tangible fixed assets | 22/27 | - | €116,075 | +€116,075 | |
| Land and buildings | 22 | - | €111,954 | +€111,954 | |
| Plant, machinery and equipment | 23 | - | €4,121 | +€4,121 | |
| Current assets | 29/58 | €30,541 | €66,174 | +€35,633 | +117% |
| Amounts receivable within one year | 40/41 | €20,050 | €16,945 | -€3,105 | -15.5% |
| Trade receivables | 40 | €12,233 | €13,524 | +€1,291 | +10.6% |
| Other amounts receivable | 41 | €7,817 | €3,421 | -€4,396 | -56.2% |
| Cash at bank and in hand | 54/58 | €10,286 | €49,023 | +€38,738 | +377% |
| Deferred charges and accrued income | 490/1 | €205 | €205 | = | 0.0% |
| Total equity and liabilities | 10/49 | €30,541 | €182,249 | +€151,708 | +497% |
| Equity | 10/15 | €18,423 | €43,109 | +€24,686 | +134% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,423 | €16,423 | = | 0.0% |
| Distributable reserves | 133 | €16,423 | €16,423 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €24,686 | +€24,686 | |
| Amounts payable | 17/49 | €12,117 | €139,140 | +€127,023 | +1,048% |
| Amounts payable after more than one year | 17 | - | €113,486 | +€113,486 | |
| Financial debts | 170/4 | - | €113,486 | +€113,486 | |
| Amounts payable within one year | 42/48 | €12,117 | €25,654 | +€13,537 | +112% |
| Current portion of amounts payable after more than one year | 42 | - | €11,378 | +€11,378 | |
| Trade debts | 44 | €659 | €8,486 | +€7,827 | +1,187% |
| Suppliers | 440/4 | €659 | €8,486 | +€7,827 | +1,187% |
| Taxes, remuneration and social security | 45 | €10,625 | €2,500 | -€8,125 | -76.5% |
| Taxes | 450/3 | €10,625 | €2,500 | -€8,125 | -76.5% |
| Other amounts payable | 47/48 | €833 | €3,290 | +€2,457 | +295% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,878 | +€1,878 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,018 | +€18,018 | |
| Other operating charges | 640/8 | €144 | €1,088 | +€943 | +654% |
| Gross operating margin | 9900 | €24,026 | €56,210 | +€32,184 | +134% |
| Operating profit (loss) | 9901 | €23,882 | €35,227 | +€11,345 | +47.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €2,629 | +€2,629 | |
| Recurring financial charges | 65 | - | €2,629 | +€2,629 | |
| Profit (loss) for the period before taxes | 9903 | €23,882 | €32,597 | +€8,716 | +36.5% |
| Income taxes | 67/77 | €6,625 | €7,079 | +€453 | +6.8% |
| Profit (loss) for the period | 9904 | €17,256 | €25,519 | +€8,262 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,256 | €25,519 | +€8,262 | +47.9% |
Next steps
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 4 November 2026 via checked.be.