MO Concepts & Partners: 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.
MO Concepts & Partners
Largest movements
- Cash +€41,493
up €41,493 (+57.4%), from €72,269 to €113,762
mainly Net result for the year (+€54,289) and Depreciation (+€35,698)
- Tangible fixed assets -€17,026
down €17,026 (-4.1%), from €414,869 to €397,842
of which Land and buildings: -€14,334
- Receivables within one year +€14,034
up €14,034 (+4.4%), from €317,578 to €331,612
of which Trade receivables: +€19,166
- Reserves +€54,289
up €54,289 (+14.0%), from €386,549 to €440,838
- Debts after one year -€42,500
down €42,500 (-20.0%), from €212,500 to €170,000
- Tax, wage and social debts +€18,834
up €18,834 (+37.8%), from €49,855 to €68,689
of which Taxes: +€14,254
- Other debts +€12,665
up €12,665 (+19.1%), from €66,396 to €79,061
- Trade debts -€10,286
down €10,286 (-47.8%), from €21,526 to €11,240
- Gross operating margin +€216,441
up €216,441 (+21.4%), from €1.0m to €1.2m
- Staff costs +€203,813
up €203,813 (+23.1%), from €882,936 to €1.1m
- Depreciation +€13,508
up €13,508 (+60.9%), from €22,190 to €35,698
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 | €817,767 | €852,941 | +€35,175 | +4.3% |
| Fixed assets | 21/28 | €414,869 | €397,842 | -€17,026 | -4.1% |
| Tangible fixed assets | 22/27 | €414,869 | €397,842 | -€17,026 | -4.1% |
| Land and buildings | 22 | €399,543 | €385,209 | -€14,334 | -3.6% |
| Plant, machinery and equipment | 23 | €2,737 | €5,400 | +€2,663 | +97.3% |
| Furniture and vehicles | 24 | €12,589 | €7,234 | -€5,355 | -42.5% |
| Current assets | 29/58 | €402,898 | €455,099 | +€52,201 | +13.0% |
| Amounts receivable within one year | 40/41 | €317,578 | €331,612 | +€14,034 | +4.4% |
| Trade receivables | 40 | €180,965 | €200,131 | +€19,166 | +10.6% |
| Other amounts receivable | 41 | €136,613 | €131,481 | -€5,132 | -3.8% |
| Cash at bank and in hand | 54/58 | €72,269 | €113,762 | +€41,493 | +57.4% |
| Deferred charges and accrued income | 490/1 | €13,052 | €9,725 | -€3,326 | -25.5% |
| Total equity and liabilities | 10/49 | €817,767 | €852,941 | +€35,175 | +4.3% |
| Equity | 10/15 | €405,149 | €459,438 | +€54,289 | +13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €386,549 | €440,838 | +€54,289 | +14.0% |
| Distributable reserves | 133 | €386,549 | €440,838 | +€54,289 | +14.0% |
| Amounts payable | 17/49 | €412,618 | €393,503 | -€19,115 | -4.6% |
| Amounts payable after more than one year | 17 | €212,500 | €170,000 | -€42,500 | -20.0% |
| Financial debts | 170/4 | €212,500 | €170,000 | -€42,500 | -20.0% |
| Amounts payable within one year | 42/48 | €200,117 | €223,503 | +€23,385 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €62,340 | €64,512 | +€2,172 | +3.5% |
| Trade debts | 44 | €21,526 | €11,240 | -€10,286 | -47.8% |
| Suppliers | 440/4 | €21,526 | €11,240 | -€10,286 | -47.8% |
| Taxes, remuneration and social security | 45 | €49,855 | €68,689 | +€18,834 | +37.8% |
| Taxes | 450/3 | €49,855 | €64,109 | +€14,254 | +28.6% |
| Remuneration and social security | 454/9 | - | €4,580 | +€4,580 | |
| Other amounts payable | 47/48 | €66,396 | €79,061 | +€12,665 | +19.1% |
| Remuneration, social security and pensions | 62 | €882,936 | €1,086,749 | +€203,813 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,190 | €35,698 | +€13,508 | +60.9% |
| Other operating charges | 640/8 | €13,989 | €5,843 | -€8,146 | -58.2% |
| Gross operating margin | 9900 | €1,013,276 | €1,229,717 | +€216,441 | +21.4% |
| Operating profit (loss) | 9901 | €94,161 | €101,426 | +€7,266 | +7.7% |
| Financial income | 75/76B | €3 | €0 | -€3 | -98.6% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -98.6% |
| Financial charges | 65/66B | €7,247 | €5,009 | -€2,238 | -30.9% |
| Recurring financial charges | 65 | €7,247 | €5,009 | -€2,238 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €86,917 | €96,418 | +€9,501 | +10.9% |
| Income taxes | 67/77 | €41,595 | €42,128 | +€533 | +1.3% |
| Profit (loss) for the period | 9904 | €45,321 | €54,289 | +€8,968 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,321 | €54,289 | +€8,968 | +19.8% |
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 27 October 2026 via checked.be.