MO MAT: what changed
Two fiscal 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 MAT
Largest movements
- Receivables within one year -€4,050
down €4,050 (-80.6%), from €5,027 to €977
- Trade debts -€6,165
no longer reported in 2025 (was €6,165)
- Other debts +€2,718
up €2,718 (+246.2%), from €1,104 to €3,822
- Profit (loss) carried forward -€471
down €471 (-19.9%), from -€2,366 to -€2,837
- Short-term financial debts -€124
no longer reported in 2025 (was €124)
- Gross operating margin +€248
no longer reported in 2025 (was -€248)
- Financial charges +€32
up €32 (+47.6%), from €67 to €99
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 | €7,027 | €2,986 | -€4,041 | -57.5% |
| Current assets | 29/58 | €7,027 | €2,986 | -€4,041 | -57.5% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,027 | €977 | -€4,050 | -80.6% |
| Other amounts receivable | 41 | €5,027 | €977 | -€4,050 | -80.6% |
| Cash at bank and in hand | 54/58 | - | €8 | +€8 | |
| Total equity and liabilities | 10/49 | €7,027 | €2,986 | -€4,041 | -57.5% |
| Equity | 10/15 | -€366 | -€837 | -€471 | -128.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | - | -€2,000 | |
| Share premium | 1100/10 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | -€2,366 | -€2,837 | -€471 | -19.9% |
| Amounts payable | 17/49 | €7,393 | €3,822 | -€3,571 | -48.3% |
| Amounts payable within one year | 42/48 | €7,393 | €3,822 | -€3,571 | -48.3% |
| Financial debts | 43 | €124 | - | -€124 | |
| Credit institutions | 430/8 | €124 | - | -€124 | |
| Trade debts | 44 | €6,165 | - | -€6,165 | |
| Suppliers | 440/4 | €6,165 | - | -€6,165 | |
| Other amounts payable | 47/48 | €1,104 | €3,822 | +€2,718 | +246.2% |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Gross operating margin | 9900 | -€248 | - | +€248 | |
| Operating profit (loss) | 9901 | -€248 | - | +€248 | |
| Financial charges | 65/66B | €67 | €99 | +€32 | +47.6% |
| Recurring financial charges | 65 | €67 | €99 | +€32 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | -€315 | -€99 | +€216 | +68.6% |
| Profit (loss) for the period | 9904 | -€315 | -€99 | +€216 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€315 | -€99 | +€216 | +68.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.