JOCHEN MOYSON: 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.
JOCHEN MOYSON
Largest movements
- Receivables after one year -€50,000
down €50,000 (-100%), from €50,000 to €0
- Cash +€35,740
up €35,740 (+134%), from €26,745 to €62,485
mainly Net result for the year (+€55,004) and Receivables after one year (+€50,000)
- Tangible fixed assets -€7,548
down €7,548 (-3.4%), from €219,928 to €212,380
of which Furniture and vehicles: -€4,093
- Receivables within one year +€6,894
up €6,894 (+9.6%), from €71,940 to €78,834
of which Trade receivables: +€10,574
- Intangible fixed assets -€5,000
down €5,000 (-10.3%), from €48,347 to €43,347
- Reserves -€69,837
down €69,837 (-20.7%), from €336,941 to €267,104
of which Distributable reserves: -€69,837
- Other debts +€45,602
up €45,602 (+56.7%), from €80,488 to €126,091
- Tax, wage and social debts +€5,076
up €5,076 (+14,739%), from €34 to €5,111
- Financial income -€139,572
down €139,572 (-98.9%), from €141,110 to €1,538
of which Non-recurring financial income: -€137,000
- Gross operating margin -€39,260
down €39,260 (-29.8%), from €131,777 to €92,517
- Depreciation -€14,784
down €14,784 (-48.8%), from €30,300 to €15,516
- Taxes -€4,593
down €4,593 (-17.5%), from €26,267 to €21,674
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 | €418,636 | €399,753 | -€18,883 | -4.5% |
| Fixed assets | 21/28 | €268,275 | €255,856 | -€12,419 | -4.6% |
| Intangible fixed assets | 21 | €48,347 | €43,347 | -€5,000 | -10.3% |
| Tangible fixed assets | 22/27 | €219,928 | €212,380 | -€7,548 | -3.4% |
| Land and buildings | 22 | €189,920 | €186,466 | -€3,455 | -1.8% |
| Furniture and vehicles | 24 | €30,007 | €25,914 | -€4,093 | -13.6% |
| Financial fixed assets | 28 | €0 | €129 | +€129 | |
| Current assets | 29/58 | €150,361 | €143,897 | -€6,464 | -4.3% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100% |
| Amounts receivable within one year | 40/41 | €71,940 | €78,834 | +€6,894 | +9.6% |
| Trade receivables | 40 | €15,761 | €26,334 | +€10,574 | +67.1% |
| Other amounts receivable | 41 | €56,180 | €52,500 | -€3,680 | -6.5% |
| Cash at bank and in hand | 54/58 | €26,745 | €62,485 | +€35,740 | +134% |
| Deferred charges and accrued income | 490/1 | €1,676 | €2,578 | +€902 | +53.8% |
| Total equity and liabilities | 10/49 | €418,636 | €399,753 | -€18,883 | -4.5% |
| Equity | 10/15 | €337,941 | €268,104 | -€69,837 | -20.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €336,941 | €267,104 | -€69,837 | -20.7% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €294,841 | €225,004 | -€69,837 | -23.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €80,695 | €131,649 | +€50,954 | +63.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €80,618 | €131,597 | +€50,979 | +63.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €95 | €396 | +€301 | +317% |
| Suppliers | 440/4 | €95 | €396 | +€301 | +317% |
| Taxes, remuneration and social security | 45 | €34 | €5,111 | +€5,076 | +14,739% |
| Taxes | 450/3 | €34 | €5,111 | +€5,076 | +14,739% |
| Other amounts payable | 47/48 | €80,488 | €126,091 | +€45,602 | +56.7% |
| Accrued charges and deferred income | 492/3 | €77 | €52 | -€25 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,300 | €15,516 | -€14,784 | -48.8% |
| Other operating charges | 640/8 | €764 | €1,728 | +€964 | +126% |
| Gross operating margin | 9900 | €131,777 | €92,517 | -€39,260 | -29.8% |
| Operating profit (loss) | 9901 | €100,713 | €75,274 | -€25,439 | -25.3% |
| Financial income | 75/76B | €141,110 | €1,538 | -€139,572 | -98.9% |
| Recurring financial income | 75 | €4,110 | €1,538 | -€2,572 | -62.6% |
| Non-recurring financial income | 76B | €137,000 | €0 | -€137,000 | -100% |
| Financial charges | 65/66B | €714 | €133 | -€581 | -81.4% |
| Recurring financial charges | 65 | €714 | €133 | -€581 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €241,108 | €76,678 | -€164,430 | -68.2% |
| Income taxes | 67/77 | €26,267 | €21,674 | -€4,593 | -17.5% |
| Profit (loss) for the period | 9904 | €214,841 | €55,004 | -€159,837 | -74.4% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €214,841 | €55,004 | -€159,837 | -74.4% |
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 15 October 2026 via checked.be.