JONA MOEREELS: what changed
JONA MOEREELS
Largest movements
- Tangible fixed assets +€67,605
up €67,605 (+82.5%), from €81,903 to €149,508
of which Land and buildings: +€69,029
- Cash -€59,483
down €59,483 (-60.5%), from €98,303 to €38,820
mainly Investment in fixed assets (net) (-€76,707) and Receivables within one year (-€22,929)
- Receivables within one year +€22,929
up €22,929 (+309%), from €7,429 to €30,358
of which Trade receivables: +€23,974
- Debts after one year +€35,000
up €35,000 (+41.2%), from €85,000 to €120,000
- Trade debts -€6,305
down €6,305 (-79.0%), from €7,983 to €1,678
- Gross operating margin -€10,732
down €10,732 (-37.9%), from €28,288 to €17,556
- Taxes -€4,609
no longer reported in 2025 (was €4,609)
- Depreciation +€4,198
up €4,198 (+85.6%), from €4,904 to €9,102
- Financial charges +€1,755
up €1,755 (+39.0%), from €4,502 to €6,257
- Other operating charges +€772
up €772 (+85.6%), from €901 to €1,673
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,634 | €218,685 | +€31,051 | +16.5% |
| Fixed assets | 21/28 | €81,903 | €149,508 | +€67,605 | +82.5% |
| Tangible fixed assets | 22/27 | €81,903 | €149,508 | +€67,605 | +82.5% |
| Land and buildings | 22 | €78,791 | €147,820 | +€69,029 | +87.6% |
| Plant, machinery and equipment | 23 | €3,111 | €1,687 | -€1,424 | -45.8% |
| Current assets | 29/58 | €105,731 | €69,178 | -€36,554 | -34.6% |
| Amounts receivable within one year | 40/41 | €7,429 | €30,358 | +€22,929 | +309% |
| Trade receivables | 40 | €6,276 | €30,250 | +€23,974 | +382% |
| Other amounts receivable | 41 | €1,153 | €108 | -€1,045 | -90.6% |
| Cash at bank and in hand | 54/58 | €98,303 | €38,820 | -€59,483 | -60.5% |
| Total equity and liabilities | 10/49 | €187,634 | €218,685 | +€31,051 | +16.5% |
| Equity | 10/15 | €88,453 | €88,978 | +€525 | +0.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €87,453 | €87,453 | = | 0.0% |
| Distributable reserves | 133 | €87,453 | €87,453 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €525 | +€525 | |
| Amounts payable | 17/49 | €99,181 | €129,707 | +€30,526 | +30.8% |
| Amounts payable after more than one year | 17 | €85,000 | €120,000 | +€35,000 | +41.2% |
| Financial debts | 170/4 | €85,000 | €120,000 | +€35,000 | +41.2% |
| Amounts payable within one year | 42/48 | €14,181 | €9,707 | -€4,474 | -31.5% |
| Trade debts | 44 | €7,983 | €1,678 | -€6,305 | -79.0% |
| Suppliers | 440/4 | €7,983 | €1,678 | -€6,305 | -79.0% |
| Taxes, remuneration and social security | 45 | €6,198 | €7,994 | +€1,796 | +29.0% |
| Taxes | 450/3 | €6,198 | €7,994 | +€1,796 | +29.0% |
| Other amounts payable | 47/48 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,904 | €9,102 | +€4,198 | +85.6% |
| Other operating charges | 640/8 | €901 | €1,673 | +€772 | +85.6% |
| Gross operating margin | 9900 | €28,288 | €17,556 | -€10,732 | -37.9% |
| Operating profit (loss) | 9901 | €22,483 | €6,782 | -€15,702 | -69.8% |
| Financial charges | 65/66B | €4,502 | €6,257 | +€1,755 | +39.0% |
| Recurring financial charges | 65 | €4,502 | €6,257 | +€1,755 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €17,981 | €525 | -€17,456 | -97.1% |
| Income taxes | 67/77 | €4,609 | - | -€4,609 | |
| Profit (loss) for the period | 9904 | €13,372 | €525 | -€12,848 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,372 | €525 | -€12,848 | -96.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.