EL MOUMNI: 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.
EL MOUMNI
Largest movements
- Receivables within one year +€3,523
up €3,523 (+144%), from €2,450 to €5,973
of which Other amounts receivable: +€3,523
- Cash +€2,050
up €2,050 (+29.2%), from €7,013 to €9,064
mainly Tax, wage and social debts (+€16,770) and Trade debts (+€4,328)
- Stocks and contracts +€158
up €158 (+27.3%), from €581 to €740
- Tax, wage and social debts +€16,770
up €16,770 (+232%), from €7,216 to €23,986
of which Remuneration and social security: +€14,200
- Profit (loss) carried forward -€15,355
down €15,355 (-55.5%), from -€27,672 to -€43,027
- Trade debts +€4,328
up €4,328 (+200%), from €2,170 to €6,498
- Turnover -€20,686
down €20,686 (-22.3%), from €92,858 to €72,171
- Gross operating margin -€15,064
down €15,064, from €77 to -€14,987
- Purchases and services -€5,622
down €5,622 (-6.1%), from €92,781 to €87,159
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 | €10,090 | €15,821 | +€5,732 | +56.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €45 | €45 | = | 0.0% |
| Tangible fixed assets | 22/27 | €45 | €45 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €10,045 | €15,776 | +€5,732 | +57.1% |
| Stocks and contracts in progress | 3 | €581 | €740 | +€158 | +27.3% |
| Stocks | 30/36 | €581 | €740 | +€158 | +27.3% |
| Amounts receivable within one year | 40/41 | €2,450 | €5,973 | +€3,523 | +144% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €2,450 | €5,973 | +€3,523 | +144% |
| Cash at bank and in hand | 54/58 | €7,013 | €9,064 | +€2,050 | +29.2% |
| Total equity and liabilities | 10/49 | €10,090 | €15,821 | +€5,732 | +56.8% |
| Equity | 10/15 | -€9,072 | -€24,427 | -€15,355 | -169% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,672 | -€43,027 | -€15,355 | -55.5% |
| Amounts payable | 17/49 | €19,162 | €40,248 | +€21,087 | +110% |
| Amounts payable within one year | 42/48 | €19,162 | €40,248 | +€21,087 | +110% |
| Trade debts | 44 | €2,170 | €6,498 | +€4,328 | +200% |
| Suppliers | 440/4 | €2,170 | €6,498 | +€4,328 | +200% |
| Taxes, remuneration and social security | 45 | €7,216 | €23,986 | +€16,770 | +232% |
| Taxes | 450/3 | €81 | €2,652 | +€2,570 | +3,168% |
| Remuneration and social security | 454/9 | €7,135 | €21,335 | +€14,200 | +199% |
| Other amounts payable | 47/48 | €9,776 | €9,764 | -€12 | -0.1% |
| Turnover | 70 | €92,858 | €72,171 | -€20,686 | -22.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €92,781 | €87,159 | -€5,622 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154 | - | -€154 | |
| Other operating charges | 640/8 | €318 | €321 | +€3 | +0.9% |
| Gross operating margin | 9900 | €77 | -€14,987 | -€15,064 | |
| Operating profit (loss) | 9901 | -€395 | -€15,308 | -€14,913 | -3,773% |
| Financial charges | 65/66B | €47 | €47 | = | 0.0% |
| Recurring financial charges | 65 | €47 | €47 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€442 | -€15,355 | -€14,913 | -3,374% |
| Profit (loss) for the period | 9904 | -€442 | -€15,355 | -€14,913 | -3,374% |
| Profit (loss) for the period to be appropriated | 9905 | -€442 | -€15,355 | -€14,913 | -3,374% |
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 30 October 2026 via checked.be.