DE MOFFARTS: 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.
DE MOFFARTS
Largest movements
- Cash -€83,478
down €83,478 (-48.9%), from €170,694 to €87,216
mainly Trade debts (-€76,484) and Other debts (-€12,432)
- Trade debts -€76,484
down €76,484 (-66.4%), from €115,213 to €38,729
- Other debts -€12,432
down €12,432 (-88.8%), from €14,000 to €1,568
- Reserves +€10,469
up €10,469 (+42.2%), from €24,790 to €35,259
- Tax, wage and social debts -€5,257
down €5,257 (-54.6%), from €9,625 to €4,368
- Gross operating margin -€36,558
down €36,558 (-71.3%), from €51,262 to €14,704
- Financial charges -€13,741
down €13,741 (-100.0%), from €13,744 to €2
- Taxes -€5,228
down €5,228 (-54.3%), from €9,625 to €4,397
- Other operating charges -€2,073
down €2,073 (-79.6%), from €2,604 to €532
- Financial income +€696
new in 2025: €696
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.
Derived cash bridge
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 | €183,628 | €99,924 | -€83,704 | -45.6% |
| Current assets | 29/58 | €183,628 | €99,924 | -€83,704 | -45.6% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,934 | €2,708 | -€226 | -7.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,934 | €2,708 | -€226 | -7.7% |
| Cash at bank and in hand | 54/58 | €170,694 | €87,216 | -€83,478 | -48.9% |
| Total equity and liabilities | 10/49 | €183,628 | €99,924 | -€83,704 | -45.6% |
| Equity | 10/15 | €44,790 | €55,259 | +€10,469 | +23.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €24,790 | €35,259 | +€10,469 | +42.2% |
| Distributable reserves | 133 | €24,790 | €35,259 | +€10,469 | +42.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €138,838 | €44,665 | -€94,173 | -67.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €138,838 | €44,665 | -€94,173 | -67.8% |
| Trade debts | 44 | €115,213 | €38,729 | -€76,484 | -66.4% |
| Suppliers | 440/4 | €115,213 | €38,729 | -€76,484 | -66.4% |
| Taxes, remuneration and social security | 45 | €9,625 | €4,368 | -€5,257 | -54.6% |
| Taxes | 450/3 | €9,625 | €4,368 | -€5,257 | -54.6% |
| Other amounts payable | 47/48 | €14,000 | €1,568 | -€12,432 | -88.8% |
| Other operating charges | 640/8 | €2,604 | €532 | -€2,073 | -79.6% |
| Gross operating margin | 9900 | €51,262 | €14,704 | -€36,558 | -71.3% |
| Operating profit (loss) | 9901 | €48,658 | €14,172 | -€34,485 | -70.9% |
| Financial income | 75/76B | - | €696 | +€696 | |
| Recurring financial income | 75 | - | €696 | +€696 | |
| Financial charges | 65/66B | €13,744 | €2 | -€13,741 | -100.0% |
| Recurring financial charges | 65 | €13,744 | €2 | -€13,741 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €34,914 | €14,866 | -€20,048 | -57.4% |
| Income taxes | 67/77 | €9,625 | €4,397 | -€5,228 | -54.3% |
| Profit (loss) for the period | 9904 | €25,288 | €10,469 | -€14,819 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,288 | €10,469 | -€14,819 | -58.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.