MO GROUPE: 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 GROUPE
Largest movements
- Receivables within one year +€101,186
new in 2025: €101,186
of which Trade receivables: +€97,109
- Tangible fixed assets +€8,788
new in 2025: €8,788
- Cash +€4,602
up €4,602 (+4,602%), from €100 to €4,702
mainly Trade debts (+€75,154) and Advances received (+€23,280)
- Trade debts +€75,154
new in 2025: €75,154
- Advances received +€23,280
new in 2025: €23,280
- Profit (loss) carried forward +€12,803
new in 2025: €12,803
- Tax, wage and social debts +€3,439
new in 2025: €3,439
- Gross operating margin +€19,926
new in 2025: €19,926
- Taxes +€3,439
new in 2025: €3,439
- Other operating charges +€3,312
new in 2025: €3,312
- Depreciation +€303
new in 2025: €303
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €100 | €114,676 | +€114,576 | +114,576% |
| Fixed assets | 21/28 | - | €8,788 | +€8,788 | |
| Tangible fixed assets | 22/27 | - | €8,788 | +€8,788 | |
| Furniture and vehicles | 24 | - | €8,788 | +€8,788 | |
| Current assets | 29/58 | €100 | €105,888 | +€105,788 | +105,788% |
| Amounts receivable within one year | 40/41 | - | €101,186 | +€101,186 | |
| Trade receivables | 40 | - | €97,109 | +€97,109 | |
| Other amounts receivable | 41 | - | €4,077 | +€4,077 | |
| Cash at bank and in hand | 54/58 | €100 | €4,702 | +€4,602 | +4,602% |
| Total equity and liabilities | 10/49 | €100 | €114,676 | +€114,576 | +114,576% |
| Equity | 10/15 | €0 | €12,803 | +€12,803 | |
| Contributions | 10/11 | €0 | €0 | = | |
| Capital | 10 | €0 | €0 | = | |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Uncalled capital | 101 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €12,803 | +€12,803 | |
| Amounts payable | 17/49 | €100 | €101,873 | +€101,773 | +101,773% |
| Amounts payable within one year | 42/48 | €100 | €101,873 | +€101,773 | +101,773% |
| Trade debts | 44 | - | €75,154 | +€75,154 | |
| Suppliers | 440/4 | - | €75,154 | +€75,154 | |
| Advances received on contracts in progress | 46 | - | €23,280 | +€23,280 | |
| Taxes, remuneration and social security | 45 | - | €3,439 | +€3,439 | |
| Taxes | 450/3 | - | €3,439 | +€3,439 | |
| Other amounts payable | 47/48 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €303 | +€303 | |
| Other operating charges | 640/8 | - | €3,312 | +€3,312 | |
| Gross operating margin | 9900 | - | €19,926 | +€19,926 | |
| Operating profit (loss) | 9901 | - | €16,311 | +€16,311 | |
| Financial charges | 65/66B | - | €69 | +€69 | |
| Recurring financial charges | 65 | - | €69 | +€69 | |
| Profit (loss) for the period before taxes | 9903 | - | €16,242 | +€16,242 | |
| Income taxes | 67/77 | - | €3,439 | +€3,439 | |
| Profit (loss) for the period | 9904 | - | €12,803 | +€12,803 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €12,803 | +€12,803 |
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 17 October 2026 via checked.be.