MO MO: 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 MO
Largest movements
- Cash +€17,338
up €17,338 (+300%), from €5,785 to €23,123
mainly Other debts (+€32,560) and Trade debts (+€18,378)
- Receivables within one year +€9,826
up €9,826 (+389%), from €2,525 to €12,351
of which Trade receivables: +€10,695
- Stocks and contracts -€2,530
down €2,530 (-66.4%), from €3,810 to €1,281
- Other debts +€32,560
up €32,560 (+109%), from €29,748 to €62,307
- Profit (loss) carried forward -€25,072
down €25,072 (-79.2%), from -€31,647 to -€56,719
- Trade debts +€18,378
new in 2025: €18,378
- Short-term financial debts -€3,371
down €3,371 (-99.7%), from €3,379 to €9
- Tax, wage and social debts +€2,239
up €2,239 (+39.7%), from €5,640 to €7,879
of which Remuneration and social security: +€1,950
- Gross operating margin +€51,003
up €51,003, from -€12,413 to €38,590
- Staff costs +€44,611
up €44,611 (+237%), from €18,808 to €63,419
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 | €12,120 | €36,854 | +€24,734 | +204% |
| Fixed assets | 21/28 | - | €100 | +€100 | |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €12,120 | €36,754 | +€24,634 | +203% |
| Stocks and contracts in progress | 3 | €3,810 | €1,281 | -€2,530 | -66.4% |
| Stocks | 30/36 | €3,810 | €1,281 | -€2,530 | -66.4% |
| Amounts receivable within one year | 40/41 | €2,525 | €12,351 | +€9,826 | +389% |
| Trade receivables | 40 | - | €10,695 | +€10,695 | |
| Other amounts receivable | 41 | €2,525 | €1,655 | -€869 | -34.4% |
| Cash at bank and in hand | 54/58 | €5,785 | €23,123 | +€17,338 | +300% |
| Total equity and liabilities | 10/49 | €12,120 | €36,854 | +€24,734 | +204% |
| Equity | 10/15 | -€26,647 | -€51,719 | -€25,072 | -94.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,647 | -€56,719 | -€25,072 | -79.2% |
| Amounts payable | 17/49 | €38,767 | €88,573 | +€49,806 | +128% |
| Amounts payable within one year | 42/48 | €38,767 | €88,573 | +€49,806 | +128% |
| Financial debts | 43 | €3,379 | €9 | -€3,371 | -99.7% |
| Credit institutions | 430/8 | €3,379 | €9 | -€3,371 | -99.7% |
| Trade debts | 44 | - | €18,378 | +€18,378 | |
| Suppliers | 440/4 | - | €18,378 | +€18,378 | |
| Taxes, remuneration and social security | 45 | €5,640 | €7,879 | +€2,239 | +39.7% |
| Taxes | 450/3 | €199 | €488 | +€289 | +145% |
| Remuneration and social security | 454/9 | €5,441 | €7,392 | +€1,950 | +35.8% |
| Other amounts payable | 47/48 | €29,748 | €62,307 | +€32,560 | +109% |
| Remuneration, social security and pensions | 62 | €18,808 | €63,419 | +€44,611 | +237% |
| Other operating charges | 640/8 | €300 | - | -€300 | |
| Gross operating margin | 9900 | -€12,413 | €38,590 | +€51,003 | |
| Operating profit (loss) | 9901 | -€31,520 | -€24,829 | +€6,691 | +21.2% |
| Financial charges | 65/66B | €127 | €243 | +€117 | +92.0% |
| Recurring financial charges | 65 | €127 | €243 | +€117 | +92.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,647 | -€25,072 | +€6,575 | +20.8% |
| Profit (loss) for the period | 9904 | -€31,647 | -€25,072 | +€6,575 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,647 | -€25,072 | +€6,575 | +20.8% |
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 15 October 2026 via checked.be.