Mario Moens: 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.
Mario Moens
Largest movements
- Deferred charges and accrued income -€10,279
down €10,279 (-80.1%), from €12,834 to €2,555
- Tangible fixed assets +€10,074
up €10,074 (+118.3%), from €8,516 to €18,591
of which Furniture and vehicles: +€7,632
- Cash +€8,535
up €8,535 (+35.2%), from €24,270 to €32,805
mainly Trade debts (+€12,893) and Net result for the year (+€10,577)
- Stocks and contracts +€8,272
up €8,272 (+91.6%), from €9,026 to €17,298
of which Stocks: +€7,567
- Receivables within one year +€4,940
up €4,940 (+26.7%), from €18,532 to €23,472
of which Trade receivables: +€11,338
- Trade debts +€12,893
up €12,893 (+258.1%), from €4,996 to €17,889
- Profit (loss) carried forward +€10,577
up €10,577 (+23.3%), from -€45,372 to -€34,795
- Debts after one year +€6,457
new in 2025: €6,457
- Tax, wage and social debts -€4,924
down €4,924 (-41.2%), from €11,959 to €7,035
of which Remuneration and social security: -€2,578
- Accrued charges and deferred income -€2,194
down €2,194 (-97.7%), from €2,246 to €51
- Gross operating margin +€31,555
up €31,555 (+181.1%), from €17,425 to €48,980
- Staff costs -€22,139
down €22,139 (-41.2%), from €53,793 to €31,654
- Financial charges -€2,535
down €2,535 (-68.5%), from €3,701 to €1,166
of which Financial charges: -€2,551
- Depreciation -€1,250
down €1,250 (-19.3%), from €6,463 to €5,213
- Other operating charges +€920
up €920 (+172.3%), from €534 to €1,454
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.
Cash bridge derived
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 | €73,178 | €94,720 | +€21,543 | +29.4% |
| Fixed assets | 21/28 | €8,516 | €18,591 | +€10,074 | +118.3% |
| Tangible fixed assets | 22/27 | €8,516 | €18,591 | +€10,074 | +118.3% |
| Plant, machinery and equipment | 23 | €4,750 | €7,192 | +€2,442 | +51.4% |
| Furniture and vehicles | 24 | €3,767 | €11,399 | +€7,632 | +202.6% |
| Current assets | 29/58 | €64,661 | €76,130 | +€11,468 | +17.7% |
| Stocks and contracts in progress | 3 | €9,026 | €17,298 | +€8,272 | +91.6% |
| Stocks | 30/36 | €9,026 | €16,593 | +€7,567 | +83.8% |
| Contracts in progress | 37 | €0 | €705 | +€705 | |
| Amounts receivable within one year | 40/41 | €18,532 | €23,472 | +€4,940 | +26.7% |
| Trade receivables | 40 | €3,122 | €14,460 | +€11,338 | +363.1% |
| Other amounts receivable | 41 | €15,410 | €9,013 | -€6,397 | -41.5% |
| Cash at bank and in hand | 54/58 | €24,270 | €32,805 | +€8,535 | +35.2% |
| Deferred charges and accrued income | 490/1 | €12,834 | €2,555 | -€10,279 | -80.1% |
| Total equity and liabilities | 10/49 | €73,178 | €94,720 | +€21,543 | +29.4% |
| Equity | 10/15 | €41,710 | €52,287 | +€10,577 | +25.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €80,082 | €80,082 | = | 0.0% |
| Distributable reserves | 133 | €80,082 | €80,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,372 | -€34,795 | +€10,577 | +23.3% |
| Amounts payable | 17/49 | €31,467 | €42,433 | +€10,966 | +34.8% |
| Amounts payable after more than one year | 17 | - | €6,457 | +€6,457 | |
| Financial debts | 170/4 | - | €6,457 | +€6,457 | |
| Amounts payable within one year | 42/48 | €29,222 | €35,925 | +€6,703 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €12,266 | €11,001 | -€1,265 | -10.3% |
| Trade debts | 44 | €4,996 | €17,889 | +€12,893 | +258.1% |
| Suppliers | 440/4 | €4,996 | €17,889 | +€12,893 | +258.1% |
| Taxes, remuneration and social security | 45 | €11,959 | €7,035 | -€4,924 | -41.2% |
| Taxes | 450/3 | €3,731 | €1,385 | -€2,346 | -62.9% |
| Remuneration and social security | 454/9 | €8,228 | €5,650 | -€2,578 | -31.3% |
| Accrued charges and deferred income | 492/3 | €2,246 | €51 | -€2,194 | -97.7% |
| Non-recurring operating income | 76A | €20,708 | €20,546 | -€161 | -0.8% |
| Remuneration, social security and pensions | 62 | €53,793 | €31,654 | -€22,139 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,463 | €5,213 | -€1,250 | -19.3% |
| Other operating charges | 640/8 | €534 | €1,454 | +€920 | +172.3% |
| Gross operating margin | 9900 | €17,425 | €48,980 | +€31,555 | +181.1% |
| Operating profit (loss) | 9901 | -€43,364 | €10,660 | +€54,024 | |
| Financial income | 75/76B | €2,105 | €1,483 | -€622 | -29.5% |
| Recurring financial income | 75 | €2,105 | €1,483 | -€622 | -29.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,701 | €1,166 | -€2,535 | -68.5% |
| Recurring financial charges | 65 | €3,701 | €1,150 | -€2,551 | -68.9% |
| Non-recurring financial charges | 66B | - | €16 | +€16 | |
| Profit (loss) for the period before taxes | 9903 | -€44,959 | €10,978 | +€55,937 | |
| Income taxes | 67/77 | €412 | €401 | -€12 | -2.8% |
| Profit (loss) for the period | 9904 | -€45,372 | €10,577 | +€55,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,372 | €10,577 | +€55,949 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.