CHRIS MORIS: 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.
CHRIS MORIS
Largest movements
- Tangible fixed assets -€25,650
down €25,650 (-12.7%), from €201,814 to €176,164
of which Furniture and vehicles: -€22,480
- Receivables within one year +€14,123
up €14,123 (+9.6%), from €147,829 to €161,952
of which Other amounts receivable: +€14,974
- Debts after one year -€11,061
down €11,061 (-13.9%), from €79,721 to €68,660
- Other debts +€11,000
up €11,000 (+110.0%), from €10,000 to €21,000
- Reserves +€7,000
up €7,000 (+6.5%), from €106,991 to €113,991
of which Distributable reserves: +€7,000
- Trade debts -€5,177
down €5,177 (-86.2%), from €6,004 to €827
- Current portion of long-term debt -€3,992
down €3,992 (-26.5%), from €15,053 to €11,061
- Gross operating margin -€2,687
down €2,687 (-6.1%), from €44,156 to €41,470
- Financial charges +€1,622
up €1,622 (+42.9%), from €3,778 to €5,400
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 | €349,682 | €341,591 | -€8,091 | -2.3% |
| Fixed assets | 21/28 | €201,814 | €176,164 | -€25,650 | -12.7% |
| Tangible fixed assets | 22/27 | €201,814 | €176,164 | -€25,650 | -12.7% |
| Land and buildings | 22 | €134,374 | €131,204 | -€3,170 | -2.4% |
| Furniture and vehicles | 24 | €67,440 | €44,960 | -€22,480 | -33.3% |
| Current assets | 29/58 | €147,868 | €165,427 | +€17,559 | +11.9% |
| Amounts receivable within one year | 40/41 | €147,829 | €161,952 | +€14,123 | +9.6% |
| Trade receivables | 40 | €27,882 | €27,032 | -€851 | -3.1% |
| Other amounts receivable | 41 | €119,947 | €134,920 | +€14,974 | +12.5% |
| Cash at bank and in hand | 54/58 | €39 | €3,475 | +€3,437 | +8875.3% |
| Total equity and liabilities | 10/49 | €349,682 | €341,591 | -€8,091 | -2.3% |
| Equity | 10/15 | €203,643 | €210,642 | +€7,000 | +3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €106,991 | €113,991 | +€7,000 | +6.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €105,132 | €112,132 | +€7,000 | +6.7% |
| Profit (loss) carried forward | 14 | €78,059 | €78,059 | = | 0.0% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €126,039 | €110,948 | -€15,091 | -12.0% |
| Amounts payable after more than one year | 17 | €79,721 | €68,660 | -€11,061 | -13.9% |
| Financial debts | 170/4 | €79,721 | €68,660 | -€11,061 | -13.9% |
| Amounts payable within one year | 42/48 | €46,318 | €42,288 | -€4,030 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €15,053 | €11,061 | -€3,992 | -26.5% |
| Financial debts | 43 | €9,539 | €5,555 | -€3,985 | -41.8% |
| Credit institutions | 430/8 | €9,539 | €5,555 | -€3,985 | -41.8% |
| Trade debts | 44 | €6,004 | €827 | -€5,177 | -86.2% |
| Suppliers | 440/4 | €6,004 | €827 | -€5,177 | -86.2% |
| Taxes, remuneration and social security | 45 | €5,722 | €3,846 | -€1,876 | -32.8% |
| Taxes | 450/3 | €5,722 | €3,846 | -€1,876 | -32.8% |
| Other amounts payable | 47/48 | €10,000 | €21,000 | +€11,000 | +110.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,650 | €25,650 | = | 0.0% |
| Other operating charges | 640/8 | €735 | €558 | -€177 | -24.1% |
| Gross operating margin | 9900 | €44,156 | €41,470 | -€2,687 | -6.1% |
| Operating profit (loss) | 9901 | €17,770 | €15,261 | -€2,509 | -14.1% |
| Financial charges | 65/66B | €3,778 | €5,400 | +€1,622 | +42.9% |
| Recurring financial charges | 65 | €3,778 | €5,400 | +€1,622 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €13,993 | €9,861 | -€4,132 | -29.5% |
| Income taxes | 67/77 | €3,039 | €2,861 | -€178 | -5.9% |
| Profit (loss) for the period | 9904 | €10,954 | €7,000 | -€3,954 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,954 | €7,000 | -€3,954 | -36.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.