ETS J. MOSTIN & C°: 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.
ETS J. MOSTIN & C°
Largest movements
- Tangible fixed assets -€26,463
down €26,463 (-84.2%), from €31,430 to €4,967
of which Furniture and vehicles: -€24,723
- Receivables within one year -€24,491
down €24,491 (-27.2%), from €89,879 to €65,389
of which Trade receivables: -€14,909
- Deferred charges and accrued income +€19,887
up €19,887 (+874%), from €2,275 to €22,162
- Cash +€19,330
up €19,330 (+117%), from €16,553 to €35,883
mainly Investment in fixed assets (net) (+€24,723) and Receivables within one year (+€24,491)
- Stocks and contracts -€7,034
down €7,034 (-36.3%), from €19,372 to €12,337
- Current portion of long-term debt -€20,655
no longer reported in 2025 (was €20,655)
- Trade debts +€17,064
up €17,064 (+154%), from €11,107 to €28,171
- Debts after one year -€10,923
no longer reported in 2025 (was €10,923)
- Reserves +€10,000
up €10,000 (+24.8%), from €40,305 to €50,305
of which Distributable reserves: +€10,000
- Other debts -€8,571
down €8,571 (-42.9%), from €20,000 to €11,429
- Depreciation -€6,514
down €6,514 (-78.9%), from €8,254 to €1,740
- Gross operating margin -€4,210
down €4,210 (-13.0%), from €32,329 to €28,119
- Taxes +€2,111
up €2,111 (+29.7%), from €7,105 to €9,217
- Other operating charges -€944
down €944 (-43.5%), from €2,169 to €1,224
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 | €160,520 | €141,750 | -€18,770 | -11.7% |
| Fixed assets | 21/28 | €31,430 | €4,967 | -€26,463 | -84.2% |
| Tangible fixed assets | 22/27 | €31,430 | €4,967 | -€26,463 | -84.2% |
| Plant, machinery and equipment | 23 | €1,182 | €788 | -€394 | -33.3% |
| Furniture and vehicles | 24 | €25,992 | €1,269 | -€24,723 | -95.1% |
| Other tangible fixed assets | 26 | €4,256 | €2,910 | -€1,346 | -31.6% |
| Current assets | 29/58 | €129,090 | €136,782 | +€7,692 | +6.0% |
| Amounts receivable after more than one year | 29 | €1,011 | €1,011 | = | 0.0% |
| Trade receivables | 290 | €1,011 | €1,011 | = | 0.0% |
| Stocks and contracts in progress | 3 | €19,372 | €12,337 | -€7,034 | -36.3% |
| Stocks | 30/36 | €19,372 | €12,337 | -€7,034 | -36.3% |
| Amounts receivable within one year | 40/41 | €89,879 | €65,389 | -€24,491 | -27.2% |
| Trade receivables | 40 | €71,538 | €56,630 | -€14,909 | -20.8% |
| Other amounts receivable | 41 | €18,341 | €8,759 | -€9,582 | -52.2% |
| Cash at bank and in hand | 54/58 | €16,553 | €35,883 | +€19,330 | +117% |
| Deferred charges and accrued income | 490/1 | €2,275 | €22,162 | +€19,887 | +874% |
| Total equity and liabilities | 10/49 | €160,520 | €141,750 | -€18,770 | -11.7% |
| Equity | 10/15 | €95,581 | €98,755 | +€3,173 | +3.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €40,305 | €50,305 | +€10,000 | +24.8% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €38,405 | €48,405 | +€10,000 | +26.0% |
| Profit (loss) carried forward | 14 | €36,277 | €29,450 | -€6,827 | -18.8% |
| Amounts payable | 17/49 | €64,938 | €42,995 | -€21,944 | -33.8% |
| Amounts payable after more than one year | 17 | €10,923 | - | -€10,923 | |
| Financial debts | 170/4 | €10,923 | - | -€10,923 | |
| Amounts payable within one year | 42/48 | €54,015 | €42,995 | -€11,021 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €20,655 | - | -€20,655 | |
| Trade debts | 44 | €11,107 | €28,171 | +€17,064 | +154% |
| Suppliers | 440/4 | €11,107 | €28,171 | +€17,064 | +154% |
| Taxes, remuneration and social security | 45 | €2,253 | €3,395 | +€1,142 | +50.7% |
| Taxes | 450/3 | €2,253 | €3,395 | +€1,142 | +50.7% |
| Other amounts payable | 47/48 | €20,000 | €11,429 | -€8,571 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,254 | €1,740 | -€6,514 | -78.9% |
| Other operating charges | 640/8 | €2,169 | €1,224 | -€944 | -43.5% |
| Gross operating margin | 9900 | €32,329 | €28,119 | -€4,210 | -13.0% |
| Operating profit (loss) | 9901 | €21,906 | €25,155 | +€3,249 | +14.8% |
| Financial income | 75/76B | €2,101 | €2,073 | -€27 | -1.3% |
| Recurring financial income | 75 | €2,101 | €2,073 | -€27 | -1.3% |
| Financial charges | 65/66B | €3,702 | €3,409 | -€293 | -7.9% |
| Recurring financial charges | 65 | €3,702 | €3,409 | -€293 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €20,305 | €23,819 | +€3,514 | +17.3% |
| Income taxes | 67/77 | €7,105 | €9,217 | +€2,111 | +29.7% |
| Profit (loss) for the period | 9904 | €13,200 | €14,602 | +€1,402 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,200 | €14,602 | +€1,402 | +10.6% |
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 20 October 2026 via checked.be.