LE MOULIN DE WAYS: 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.
LE MOULIN DE WAYS
Largest movements
- Tangible fixed assets -€22,355
down €22,355 (-2.3%), from €975,217 to €952,862
of which Land and buildings: -€14,517
- Cash -€16,428
down €16,428 (-99.6%), from €16,491 to €63
mainly Net result for the year (-€143,065) and Receivables within one year (-€10,427)
- Receivables within one year +€10,427
up €10,427 (+370%), from €2,818 to €13,245
of which Trade receivables: +€10,750
- Profit (loss) carried forward -€143,065
down €143,065 (-27.6%), from -€517,918 to -€660,984
- Other debts +€109,037
up €109,037 (+10.4%), from €1.0m to €1.2m
- Depreciation +€7,120
up €7,120 (+30.7%), from €23,200 to €30,321
- Staff costs +€5,706
up €5,706 (+7.5%), from €75,675 to €81,381
- Gross operating margin +€1,349
up €1,349 (+4.8%), from -€28,171 to -€26,822
- Other operating charges +€570
up €570 (+14.5%), from €3,921 to €4,491
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 | €997,430 | €971,108 | -€26,322 | -2.6% |
| Fixed assets | 21/28 | €976,563 | €954,208 | -€22,355 | -2.3% |
| Tangible fixed assets | 22/27 | €975,217 | €952,862 | -€22,355 | -2.3% |
| Land and buildings | 22 | €922,239 | €907,722 | -€14,517 | -1.6% |
| Furniture and vehicles | 24 | €9,725 | €4,109 | -€5,617 | -57.8% |
| Other tangible fixed assets | 26 | €43,252 | €33,066 | -€10,187 | -23.6% |
| Assets under construction and advance payments | 27 | - | €7,966 | +€7,966 | |
| Financial fixed assets | 28 | €1,346 | €1,346 | = | 0.0% |
| Current assets | 29/58 | €20,867 | €16,899 | -€3,968 | -19.0% |
| Amounts receivable within one year | 40/41 | €2,818 | €13,245 | +€10,427 | +370% |
| Trade receivables | 40 | - | €10,750 | +€10,750 | |
| Other amounts receivable | 41 | €2,818 | €2,495 | -€323 | -11.5% |
| Cash at bank and in hand | 54/58 | €16,491 | €63 | -€16,428 | -99.6% |
| Deferred charges and accrued income | 490/1 | €1,558 | €3,591 | +€2,033 | +131% |
| Total equity and liabilities | 10/49 | €997,430 | €971,108 | -€26,322 | -2.6% |
| Equity | 10/15 | -€61,918 | -€204,984 | -€143,065 | -231% |
| Contributions | 10/11 | €456,000 | €456,000 | = | 0.0% |
| Capital | 10 | €456,000 | €456,000 | = | 0.0% |
| Issued capital | 100 | €456,000 | €456,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€517,918 | -€660,984 | -€143,065 | -27.6% |
| Amounts payable | 17/49 | €1,059,348 | €1,176,091 | +€116,743 | +11.0% |
| Amounts payable within one year | 42/48 | €1,059,348 | €1,176,091 | +€116,743 | +11.0% |
| Trade debts | 44 | €5,885 | €13,222 | +€7,337 | +125% |
| Suppliers | 440/4 | €5,885 | €13,222 | +€7,337 | +125% |
| Taxes, remuneration and social security | 45 | €5,060 | €5,430 | +€370 | +7.3% |
| Remuneration and social security | 454/9 | €5,060 | €5,430 | +€370 | +7.3% |
| Other amounts payable | 47/48 | €1,048,403 | €1,157,440 | +€109,037 | +10.4% |
| Remuneration, social security and pensions | 62 | €75,675 | €81,381 | +€5,706 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,200 | €30,321 | +€7,120 | +30.7% |
| Other operating charges | 640/8 | €3,921 | €4,491 | +€570 | +14.5% |
| Gross operating margin | 9900 | -€28,171 | -€26,822 | +€1,349 | +4.8% |
| Operating profit (loss) | 9901 | -€130,968 | -€143,014 | -€12,047 | -9.2% |
| Financial charges | 65/66B | €62 | €51 | -€11 | -18.1% |
| Recurring financial charges | 65 | €62 | €51 | -€11 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€131,030 | -€143,065 | -€12,035 | -9.2% |
| Profit (loss) for the period | 9904 | -€131,030 | -€143,065 | -€12,035 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,030 | -€143,065 | -€12,035 | -9.2% |
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 21 October 2026 via checked.be.