DR. MOUSSA HOUSSEIN: 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.
DR. MOUSSA HOUSSEIN
Largest movements
- Cash -€10,719
down €10,719 (-11.1%), from €96,797 to €86,077
mainly Contributions, distributions and other (-€30,000) and Investment in fixed assets (net) (-€9,438)
- Tangible fixed assets +€7,604
new in 2024: €7,604
of which Leasing and similar rights: +€6,466
- Receivables within one year +€3,666
up €3,666 (+6.6%), from €55,835 to €59,501
of which Trade receivables: +€25,047
- Trade debts +€27,418
up €27,418 (+223%), from €12,310 to €39,728
- Profit (loss) carried forward -€18,336
down €18,336 (-23.9%), from €76,579 to €58,243
- Tax, wage and social debts -€8,530
down €8,530 (-27.0%), from €31,543 to €23,013
of which Taxes: -€10,258
- Financial charges +€47,908
up €47,908 (+17,249%), from €278 to €48,186
- Taxes -€10,658
down €10,658 (-74.7%), from €14,272 to €3,614
- Other operating charges +€6,170
new in 2024: €6,170
- Depreciation -€4,570
down €4,570 (-71.4%), from €6,404 to €1,834
- Gross operating margin +€2,779
up €2,779 (+4.2%), from €66,167 to €68,946
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 | €152,932 | €153,483 | +€551 | +0.4% |
| Fixed assets | 21/28 | €300 | €7,904 | +€7,604 | +2,535% |
| Tangible fixed assets | 22/27 | - | €7,604 | +€7,604 | |
| Furniture and vehicles | 24 | - | €1,139 | +€1,139 | |
| Leasing and similar rights | 25 | - | €6,466 | +€6,466 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €152,632 | €145,579 | -€7,053 | -4.6% |
| Amounts receivable within one year | 40/41 | €55,835 | €59,501 | +€3,666 | +6.6% |
| Trade receivables | 40 | - | €25,047 | +€25,047 | |
| Other amounts receivable | 41 | €55,835 | €34,454 | -€21,381 | -38.3% |
| Cash at bank and in hand | 54/58 | €96,797 | €86,077 | -€10,719 | -11.1% |
| Total equity and liabilities | 10/49 | €152,932 | €153,483 | +€551 | +0.4% |
| Equity | 10/15 | €79,079 | €60,743 | -€18,336 | -23.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,579 | €58,243 | -€18,336 | -23.9% |
| Amounts payable | 17/49 | €73,853 | €92,740 | +€18,888 | +25.6% |
| Amounts payable within one year | 42/48 | €73,853 | €92,740 | +€18,888 | +25.6% |
| Trade debts | 44 | €12,310 | €39,728 | +€27,418 | +223% |
| Suppliers | 440/4 | €12,310 | €39,728 | +€27,418 | +223% |
| Taxes, remuneration and social security | 45 | €31,543 | €23,013 | -€8,530 | -27.0% |
| Taxes | 450/3 | €28,087 | €17,829 | -€10,258 | -36.5% |
| Remuneration and social security | 454/9 | €3,456 | €5,184 | +€1,728 | +50.0% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,404 | €1,834 | -€4,570 | -71.4% |
| Other operating charges | 640/8 | - | €6,170 | +€6,170 | |
| Non-recurring operating charges | 66A | €58 | €63 | +€5 | +8.8% |
| Gross operating margin | 9900 | €66,167 | €68,946 | +€2,779 | +4.2% |
| Operating profit (loss) | 9901 | €59,705 | €60,879 | +€1,174 | +2.0% |
| Financial income | 75/76B | €3,809 | €2,585 | -€1,225 | -32.2% |
| Recurring financial income | 75 | €3,809 | €2,585 | -€1,225 | -32.2% |
| Financial charges | 65/66B | €278 | €48,186 | +€47,908 | +17,249% |
| Recurring financial charges | 65 | €278 | €48,186 | +€47,908 | +17,249% |
| Profit (loss) for the period before taxes | 9903 | €63,236 | €15,278 | -€47,958 | -75.8% |
| Income taxes | 67/77 | €14,272 | €3,614 | -€10,658 | -74.7% |
| Profit (loss) for the period | 9904 | €48,964 | €11,664 | -€37,301 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,964 | €11,664 | -€37,301 | -76.2% |
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 26 October 2026 via checked.be.