MO-GEST: 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-GEST
Largest movements
- Receivables within one year -€40,024
down €40,024 (-73.2%), from €54,669 to €14,645
of which Other amounts receivable: -€40,024
- Cash +€21,844
up €21,844 (+154%), from €14,170 to €36,014
mainly Net result for the year (+€70,639) and Receivables within one year (+€40,024)
- Receivables after one year +€6,000
up €6,000 (+30.0%), from €20,000 to €26,000
- Profit (loss) carried forward -€6,493
down €6,493 (-12.4%), from €52,467 to €45,974
- Debts after one year -€4,422
down €4,422 (-15.0%), from €29,487 to €25,065
- Tax, wage and social debts -€2,098
down €2,098 (-100%), from €2,098 to €0
- Gross operating margin +€46,017
up €46,017 (+107%), from €42,950 to €88,967
- Taxes +€11,745
up €11,745 (+174%), from €6,738 to €18,483
- Financial income +€2,047
up €2,047 (+141%), from €1,447 to €3,494
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 | €89,600 | €76,955 | -€12,645 | -14.1% |
| Fixed assets | 21/28 | €744 | €49 | -€695 | -93.4% |
| Tangible fixed assets | 22/27 | €744 | €49 | -€695 | -93.4% |
| Furniture and vehicles | 24 | €744 | €49 | -€695 | -93.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €88,856 | €76,906 | -€11,949 | -13.4% |
| Amounts receivable after more than one year | 29 | €20,000 | €26,000 | +€6,000 | +30.0% |
| Other amounts receivable | 291 | €20,000 | €26,000 | +€6,000 | +30.0% |
| Amounts receivable within one year | 40/41 | €54,669 | €14,645 | -€40,024 | -73.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €54,669 | €14,645 | -€40,024 | -73.2% |
| Cash at bank and in hand | 54/58 | €14,170 | €36,014 | +€21,844 | +154% |
| Deferred charges and accrued income | 490/1 | €16 | €247 | +€231 | +1,419% |
| Total equity and liabilities | 10/49 | €89,600 | €76,955 | -€12,645 | -14.1% |
| Equity | 10/15 | €53,467 | €46,974 | -€6,493 | -12.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,467 | €45,974 | -€6,493 | -12.4% |
| Amounts payable | 17/49 | €36,133 | €29,982 | -€6,151 | -17.0% |
| Amounts payable after more than one year | 17 | €29,487 | €25,065 | -€4,422 | -15.0% |
| Financial debts | 170/4 | €29,487 | €25,065 | -€4,422 | -15.0% |
| Amounts payable within one year | 42/48 | €6,646 | €4,917 | -€1,729 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €4,339 | €4,828 | +€489 | +11.3% |
| Trade debts | 44 | €209 | €89 | -€120 | -57.3% |
| Suppliers | 440/4 | €209 | €89 | -€120 | -57.3% |
| Taxes, remuneration and social security | 45 | €2,098 | €0 | -€2,098 | -100% |
| Taxes | 450/3 | €2,098 | €0 | -€2,098 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,920 | €1,760 | -€160 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €840 | €695 | -€144 | -17.2% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €42,950 | €88,967 | +€46,017 | +107% |
| Operating profit (loss) | 9901 | €40,190 | €86,511 | +€46,321 | +115% |
| Financial income | 75/76B | €1,447 | €3,494 | +€2,047 | +141% |
| Recurring financial income | 75 | €1,447 | €3,494 | +€2,047 | +141% |
| Financial charges | 65/66B | €1,394 | €884 | -€511 | -36.6% |
| Recurring financial charges | 65 | €1,394 | €884 | -€511 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €40,243 | €89,122 | +€48,879 | +121% |
| Income taxes | 67/77 | €6,738 | €18,483 | +€11,745 | +174% |
| Profit (loss) for the period | 9904 | €33,506 | €70,639 | +€37,134 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €33,506 | €70,639 | +€37,134 | +111% |
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 14 October 2026 via checked.be.