MO ICE MAN: 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 ICE MAN
Largest movements
- Receivables within one year -€19,124
down €19,124 (-70.3%), from €27,219 to €8,095
of which Other amounts receivable: -€11,395
- Tangible fixed assets -€7,260
down €7,260 (-33.5%), from €21,670 to €14,410
of which Furniture and vehicles: -€6,616
- Deferred charges and accrued income +€4,326
up €4,326 (+1,007%), from €430 to €4,756
- Cash -€3,125
down €3,125 (-13.9%), from €22,477 to €19,352
mainly Net result for the year (-€55,437) and Other debts (-€11,346)
- Profit (loss) carried forward -€55,437
down €55,437 (-92.7%), from -€59,771 to -€115,208
- Trade debts +€40,401
up €40,401 (+306%), from €13,201 to €53,602
- Other debts -€11,346
down €11,346 (-64.0%), from €17,719 to €6,373
- Tax, wage and social debts +€1,199
up €1,199 (+7.9%), from €15,187 to €16,385
of which Remuneration and social security: +€983
- Gross operating margin -€80,770
down €80,770 (-50.5%), from €159,949 to €79,179
- Taxes +€16,233
up €16,233 (+334%), from €4,860 to €21,093
- Other operating charges +€3,939
up €3,939 (+1,017%), from €387 to €4,327
- Depreciation +€2,339
up €2,339 (+31.7%), from €7,388 to €9,727
- Financial charges +€1,971
up €1,971 (+108%), from €1,831 to €3,802
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 | €72,195 | €47,013 | -€25,183 | -34.9% |
| Fixed assets | 21/28 | €22,070 | €14,810 | -€7,260 | -32.9% |
| Tangible fixed assets | 22/27 | €21,670 | €14,410 | -€7,260 | -33.5% |
| Plant, machinery and equipment | 23 | €2,840 | €2,196 | -€644 | -22.7% |
| Furniture and vehicles | 24 | €18,830 | €12,214 | -€6,616 | -35.1% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €50,125 | €32,203 | -€17,923 | -35.8% |
| Amounts receivable within one year | 40/41 | €27,219 | €8,095 | -€19,124 | -70.3% |
| Trade receivables | 40 | €15,824 | €8,095 | -€7,729 | -48.8% |
| Other amounts receivable | 41 | €11,395 | - | -€11,395 | |
| Cash at bank and in hand | 54/58 | €22,477 | €19,352 | -€3,125 | -13.9% |
| Deferred charges and accrued income | 490/1 | €430 | €4,756 | +€4,326 | +1,007% |
| Total equity and liabilities | 10/49 | €72,195 | €47,013 | -€25,183 | -34.9% |
| Equity | 10/15 | €26,089 | -€29,348 | -€55,437 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €73,460 | €73,460 | = | 0.0% |
| Distributable reserves | 133 | €73,460 | €73,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,771 | -€115,208 | -€55,437 | -92.7% |
| Amounts payable | 17/49 | €46,107 | €76,361 | +€30,254 | +65.6% |
| Amounts payable within one year | 42/48 | €46,107 | €76,361 | +€30,254 | +65.6% |
| Trade debts | 44 | €13,201 | €53,602 | +€40,401 | +306% |
| Suppliers | 440/4 | €13,201 | €53,602 | +€40,401 | +306% |
| Taxes, remuneration and social security | 45 | €15,187 | €16,385 | +€1,199 | +7.9% |
| Taxes | 450/3 | €10,260 | €10,476 | +€216 | +2.1% |
| Remuneration and social security | 454/9 | €4,927 | €5,909 | +€983 | +20.0% |
| Other amounts payable | 47/48 | €17,719 | €6,373 | -€11,346 | -64.0% |
| Remuneration, social security and pensions | 62 | €95,490 | €96,032 | +€542 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,388 | €9,727 | +€2,339 | +31.7% |
| Other operating charges | 640/8 | €387 | €4,327 | +€3,939 | +1,017% |
| Non-recurring operating charges | 66A | €1,386 | - | -€1,386 | |
| Gross operating margin | 9900 | €159,949 | €79,179 | -€80,770 | -50.5% |
| Operating profit (loss) | 9901 | €55,297 | -€30,906 | -€86,203 | |
| Financial income | 75/76B | €33 | €364 | +€331 | +1,006% |
| Recurring financial income | 75 | €33 | €364 | +€331 | +1,006% |
| Financial charges | 65/66B | €1,831 | €3,802 | +€1,971 | +108% |
| Recurring financial charges | 65 | €1,831 | €3,802 | +€1,971 | +108% |
| Profit (loss) for the period before taxes | 9903 | €53,500 | -€34,343 | -€87,843 | |
| Income taxes | 67/77 | €4,860 | €21,093 | +€16,233 | +334% |
| Profit (loss) for the period | 9904 | €48,640 | -€55,437 | -€104,076 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,640 | -€55,437 | -€104,076 |
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 22 October 2026 via checked.be.