Group M.O.P.: 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.
Group M.O.P.
Largest movements
- Stocks and contracts +€3,492
up €3,492 (+20.6%), from €16,919 to €20,411
- Receivables within one year -€1,024
down €1,024 (-8.4%), from €12,145 to €11,121
of which Other amounts receivable: -€1,024
- Profit (loss) carried forward -€8,133
down €8,133 (-37.2%), from -€21,854 to -€29,986
- Trade debts +€6,670
up €6,670 (+440%), from €1,515 to €8,185
- Other debts +€4,050
up €4,050 (+9.3%), from €43,433 to €47,483
- Gross operating margin -€9,107
down €9,107, from €1,626 to -€7,480
- Financial charges -€2,821
down €2,821 (-94.9%), from €2,973 to €153
- Other operating charges -€292
down €292 (-36.9%), from €792 to €500
- Depreciation -€291
no longer reported in 2025 (was €291)
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 | €29,094 | €31,682 | +€2,587 | +8.9% |
| Current assets | 29/58 | €29,094 | €31,682 | +€2,587 | +8.9% |
| Stocks and contracts in progress | 3 | €16,919 | €20,411 | +€3,492 | +20.6% |
| Stocks | 30/36 | €16,919 | €20,411 | +€3,492 | +20.6% |
| Amounts receivable within one year | 40/41 | €12,145 | €11,121 | -€1,024 | -8.4% |
| Trade receivables | 40 | €9,592 | €9,592 | = | 0.0% |
| Other amounts receivable | 41 | €2,553 | €1,529 | -€1,024 | -40.1% |
| Cash at bank and in hand | 54/58 | €31 | €150 | +€119 | +390% |
| Total equity and liabilities | 10/49 | €29,094 | €31,682 | +€2,587 | +8.9% |
| Equity | 10/15 | -€15,854 | -€23,986 | -€8,133 | -51.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,854 | -€29,986 | -€8,133 | -37.2% |
| Amounts payable | 17/49 | €44,948 | €55,668 | +€10,720 | +23.9% |
| Amounts payable within one year | 42/48 | €44,948 | €55,668 | +€10,720 | +23.9% |
| Trade debts | 44 | €1,515 | €8,185 | +€6,670 | +440% |
| Suppliers | 440/4 | €1,515 | €8,185 | +€6,670 | +440% |
| Other amounts payable | 47/48 | €43,433 | €47,483 | +€4,050 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291 | - | -€291 | |
| Other operating charges | 640/8 | €792 | €500 | -€292 | -36.9% |
| Gross operating margin | 9900 | €1,626 | -€7,480 | -€9,107 | |
| Operating profit (loss) | 9901 | €544 | -€7,980 | -€8,524 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,973 | €153 | -€2,821 | -94.9% |
| Recurring financial charges | 65 | €2,973 | €153 | -€2,821 | -94.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,429 | -€8,133 | -€5,703 | -235% |
| Profit (loss) for the period | 9904 | -€2,429 | -€8,133 | -€5,703 | -235% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,429 | -€8,133 | -€5,703 | -235% |
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.