DR. MOYSONI: 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. MOYSONI
Largest movements
- Current investments +€79,490
new in 2025: €79,490
- Deferred charges and accrued income +€27,289
up €27,289 (+2017.1%), from €1,353 to €28,642
- Cash +€26,853
up €26,853 (+141.3%), from €19,010 to €45,863
mainly Net result for the year (+€92,996) and Tax, wage and social debts (+€25,670)
- Tangible fixed assets -€5,364
down €5,364 (-14.9%), from €36,014 to €30,650
- Reserves +€92,163
up €92,163 (+697.4%), from €13,216 to €105,379
- Tax, wage and social debts +€25,670
up €25,670 (+540.6%), from €4,748 to €30,418
- Debts after one year -€10,208
down €10,208 (-29.2%), from €35,000 to €24,792
- Accrued charges and deferred income +€10,000
new in 2025: €10,000
- Current portion of long-term debt +€8,750
new in 2025: €8,750
- Gross operating margin +€108,731
up €108,731 (+585.3%), from €18,576 to €127,307
- Taxes +€23,046
up €23,046 (+624.4%), from €3,691 to €26,736
- Depreciation +€7,075
up €7,075 (+2541.1%), from €278 to €7,353
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 | €56,706 | €184,645 | +€127,939 | +225.6% |
| Fixed assets | 21/28 | €36,014 | €30,650 | -€5,364 | -14.9% |
| Tangible fixed assets | 22/27 | €36,014 | €30,650 | -€5,364 | -14.9% |
| Furniture and vehicles | 24 | €36,014 | €30,650 | -€5,364 | -14.9% |
| Current assets | 29/58 | €20,691 | €153,995 | +€133,303 | +644.2% |
| Amounts receivable within one year | 40/41 | €328 | - | -€328 | |
| Trade receivables | 40 | €23 | - | -€23 | |
| Other amounts receivable | 41 | €305 | - | -€305 | |
| Current investments | 50/53 | - | €79,490 | +€79,490 | |
| Cash at bank and in hand | 54/58 | €19,010 | €45,863 | +€26,853 | +141.3% |
| Deferred charges and accrued income | 490/1 | €1,353 | €28,642 | +€27,289 | +2017.1% |
| Total equity and liabilities | 10/49 | €56,706 | €184,645 | +€127,939 | +225.6% |
| Equity | 10/15 | €15,216 | €107,379 | +€92,163 | +605.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €13,216 | €105,379 | +€92,163 | +697.4% |
| Distributable reserves | 133 | €13,216 | €105,379 | +€92,163 | +697.4% |
| Amounts payable | 17/49 | €41,490 | €77,266 | +€35,776 | +86.2% |
| Amounts payable after more than one year | 17 | €35,000 | €24,792 | -€10,208 | -29.2% |
| Financial debts | 170/4 | €35,000 | €24,792 | -€10,208 | -29.2% |
| Amounts payable within one year | 42/48 | €6,490 | €42,474 | +€35,985 | +554.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,750 | +€8,750 | |
| Trade debts | 44 | €1,140 | €1,894 | +€754 | +66.1% |
| Suppliers | 440/4 | €1,140 | €1,894 | +€754 | +66.1% |
| Taxes, remuneration and social security | 45 | €4,748 | €30,418 | +€25,670 | +540.6% |
| Taxes | 450/3 | €4,748 | €30,418 | +€25,670 | +540.6% |
| Other amounts payable | 47/48 | €601 | €1,412 | +€811 | +134.9% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €7,353 | +€7,075 | +2541.1% |
| Other operating charges | 640/8 | €356 | €597 | +€241 | +67.7% |
| Gross operating margin | 9900 | €18,576 | €127,307 | +€108,731 | +585.3% |
| Operating profit (loss) | 9901 | €17,942 | €119,357 | +€101,415 | +565.3% |
| Financial income | 75/76B | - | €862 | +€862 | |
| Recurring financial income | 75 | - | €862 | +€862 | |
| Financial charges | 65/66B | €176 | €488 | +€312 | +177.2% |
| Recurring financial charges | 65 | €176 | €488 | +€312 | +177.2% |
| Profit (loss) for the period before taxes | 9903 | €17,766 | €119,732 | +€101,966 | +574.0% |
| Income taxes | 67/77 | €3,691 | €26,736 | +€23,046 | +624.4% |
| Profit (loss) for the period | 9904 | €14,075 | €92,996 | +€78,921 | +560.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,075 | €92,996 | +€78,921 | +560.7% |
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 12 October 2026 via checked.be.