MOBA: 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.
MOBA
Largest movements
- Stocks and contracts +€28,538
up €28,538 (+5.8%), from €488,067 to €516,605
- Receivables within one year -€9,017
down €9,017 (-42.9%), from €21,021 to €12,003
of which Trade receivables: -€13,552
- Debts after one year +€30,000
up €30,000 (+9.2%), from €325,000 to €355,000
of which Other amounts payable: +€30,000
- Other debts +€20,000
up €20,000 (+15.7%), from €127,017 to €147,017
- Profit (loss) carried forward -€19,362
down €19,362 (-37.0%), from -€52,261 to -€71,623
- Trade debts -€11,189
down €11,189 (-96.2%), from €11,630 to €442
- Gross operating margin +€4,488
up €4,488 (+54.2%), from -€8,277 to -€3,789
- Financial charges -€2,920
down €2,920 (-16.3%), from €17,943 to €15,023
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 | €511,386 | €530,835 | +€19,449 | +3.8% |
| Current assets | 29/58 | €511,386 | €530,835 | +€19,449 | +3.8% |
| Stocks and contracts in progress | 3 | €488,067 | €516,605 | +€28,538 | +5.8% |
| Stocks | 30/36 | €488,067 | €516,605 | +€28,538 | +5.8% |
| Amounts receivable within one year | 40/41 | €21,021 | €12,003 | -€9,017 | -42.9% |
| Trade receivables | 40 | €13,552 | €0 | -€13,552 | -100.0% |
| Other amounts receivable | 41 | €7,469 | €12,003 | +€4,535 | +60.7% |
| Cash at bank and in hand | 54/58 | €2,298 | €2,227 | -€71 | -3.1% |
| Total equity and liabilities | 10/49 | €511,386 | €530,835 | +€19,449 | +3.8% |
| Equity | 10/15 | €47,739 | €28,377 | -€19,362 | -40.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,261 | -€71,623 | -€19,362 | -37.0% |
| Amounts payable | 17/49 | €463,647 | €502,458 | +€38,811 | +8.4% |
| Amounts payable after more than one year | 17 | €325,000 | €355,000 | +€30,000 | +9.2% |
| Financial debts | 170/4 | €325,000 | €325,000 | = | 0.0% |
| Other amounts payable | 178/9 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €138,647 | €147,458 | +€8,811 | +6.4% |
| Trade debts | 44 | €11,630 | €442 | -€11,189 | -96.2% |
| Suppliers | 440/4 | €11,630 | €442 | -€11,189 | -96.2% |
| Other amounts payable | 47/48 | €127,017 | €147,017 | +€20,000 | +15.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Gross operating margin | 9900 | -€8,277 | -€3,789 | +€4,488 | +54.2% |
| Operating profit (loss) | 9901 | -€8,812 | -€4,339 | +€4,473 | +50.8% |
| Financial charges | 65/66B | €17,943 | €15,023 | -€2,920 | -16.3% |
| Recurring financial charges | 65 | €17,943 | €15,023 | -€2,920 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,756 | -€19,362 | +€7,393 | +27.6% |
| Profit (loss) for the period | 9904 | -€26,756 | -€19,362 | +€7,393 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,756 | -€19,362 | +€7,393 | +27.6% |
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 2 October 2026 via checked.be.