CHEZ MOUDA: what changed
Two fiscal 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.
CHEZ MOUDA
Largest movements
- Tangible fixed assets +€31,113
up €31,113 (+870.1%), from €3,576 to €34,688
of which Furniture and vehicles: +€34,688
- Intangible fixed assets -€15,712
down €15,712 (-100.0%), from €15,712 to €0
- Cash -€4,954
down €4,954 (-92.7%), from €5,343 to €389
mainly Net result for the year (-€28,857) and Investment in fixed assets (net) (-€19,310)
- Receivables within one year +€1,829
up €1,829 (+21072.9%), from €9 to €1,838
- Deferred charges and accrued income -€1,693
down €1,693 (-57.8%), from €2,929 to €1,236
- Other debts +€49,615
up €49,615 (+540.4%), from €9,182 to €58,797
- Profit (loss) carried forward -€28,857
down €28,857 (-115.3%), from -€25,024 to -€53,880
- Tax, wage and social debts -€9,624
down €9,624 (-71.8%), from €13,410 to €3,786
of which Remuneration and social security: -€7,785
- Trade debts +€1,072
new in 2025: €1,072
- Staff costs -€13,551
down €13,551 (-62.7%), from €21,599 to €8,048
- Gross operating margin -€13,247
down €13,247, from €12,616 to -€631
- Depreciation -€3,653
down €3,653 (-61.5%), from €5,939 to €2,285
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.
Cash bridge derived
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 | €27,568 | €39,775 | +€12,207 | +44.3% |
| Formation expenses | 20 | - | €1,474 | +€1,474 | |
| Fixed assets | 21/28 | €19,288 | €34,838 | +€15,550 | +80.6% |
| Intangible fixed assets | 21 | €15,712 | €0 | -€15,712 | -100.0% |
| Tangible fixed assets | 22/27 | €3,576 | €34,688 | +€31,113 | +870.1% |
| Plant, machinery and equipment | 23 | €3,576 | - | -€3,576 | |
| Furniture and vehicles | 24 | - | €34,688 | +€34,688 | |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €8,280 | €3,463 | -€4,817 | -58.2% |
| Amounts receivable within one year | 40/41 | €9 | €1,838 | +€1,829 | +21072.9% |
| Other amounts receivable | 41 | €9 | €1,838 | +€1,829 | +21072.9% |
| Cash at bank and in hand | 54/58 | €5,343 | €389 | -€4,954 | -92.7% |
| Deferred charges and accrued income | 490/1 | €2,929 | €1,236 | -€1,693 | -57.8% |
| Total equity and liabilities | 10/49 | €27,568 | €39,775 | +€12,207 | +44.3% |
| Equity | 10/15 | €4,976 | -€23,880 | -€28,857 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,024 | -€53,880 | -€28,857 | -115.3% |
| Amounts payable | 17/49 | €22,592 | €63,656 | +€41,064 | +181.8% |
| Amounts payable within one year | 42/48 | €22,592 | €63,656 | +€41,064 | +181.8% |
| Trade debts | 44 | - | €1,072 | +€1,072 | |
| Suppliers | 440/4 | - | €1,072 | +€1,072 | |
| Taxes, remuneration and social security | 45 | €13,410 | €3,786 | -€9,624 | -71.8% |
| Taxes | 450/3 | €1,839 | - | -€1,839 | |
| Remuneration and social security | 454/9 | €11,572 | €3,786 | -€7,785 | -67.3% |
| Other amounts payable | 47/48 | €9,182 | €58,797 | +€49,615 | +540.4% |
| Remuneration, social security and pensions | 62 | €21,599 | €8,048 | -€13,551 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,939 | €2,285 | -€3,653 | -61.5% |
| Other operating charges | 640/8 | €1,789 | €1,860 | +€71 | +4.0% |
| Non-recurring operating charges | 66A | - | €15,864 | +€15,864 | |
| Gross operating margin | 9900 | €12,616 | -€631 | -€13,247 | |
| Operating profit (loss) | 9901 | -€16,711 | -€28,689 | -€11,978 | -71.7% |
| Financial charges | 65/66B | €162 | €168 | +€6 | +4.0% |
| Recurring financial charges | 65 | €162 | €168 | +€6 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,873 | -€28,857 | -€11,984 | -71.0% |
| Profit (loss) for the period | 9904 | -€16,873 | -€28,857 | -€11,984 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,873 | -€28,857 | -€11,984 | -71.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.