MOBAUT: 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.
MOBAUT
Largest movements
- Cash -€160,949
down €160,949 (-60.9%), from €264,205 to €103,257
mainly Other debts (-€159,724) and Receivables within one year (-€69,830)
- Receivables within one year +€69,830
up €69,830 (+20.0%), from €349,903 to €419,733
of which Other amounts receivable: +€58,382
- Stocks and contracts +€35,484
up €35,484 (+19.3%), from €183,758 to €219,241
- Tangible fixed assets -€19,353
down €19,353 (-29.4%), from €65,727 to €46,373
of which Furniture and vehicles: -€16,518
- Other debts -€159,724
down €159,724 (-94.0%), from €170,000 to €10,276
- Trade debts +€55,127
up €55,127 (+38.2%), from €144,395 to €199,521
- Current portion of long-term debt +€21,580
up €21,580 (+69.2%), from €31,199 to €52,779
- Debts after one year +€8,970
up €8,970 (+24.5%), from €36,596 to €45,566
of which Other amounts payable: +€25,000
- Gross operating margin -€104,878
down €104,878 (-34.8%), from €301,730 to €196,852
- Staff costs +€70,991
up €70,991 (+87.4%), from €81,190 to €152,181
- Taxes -€42,229
down €42,229 (-95.2%), from €44,372 to €2,143
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 | €868,980 | €796,718 | -€72,262 | -8.3% |
| Fixed assets | 21/28 | €65,727 | €46,373 | -€19,353 | -29.4% |
| Tangible fixed assets | 22/27 | €65,727 | €46,373 | -€19,353 | -29.4% |
| Plant, machinery and equipment | 23 | €11,293 | €8,457 | -€2,835 | -25.1% |
| Furniture and vehicles | 24 | €54,434 | €37,916 | -€16,518 | -30.3% |
| Current assets | 29/58 | €803,253 | €750,345 | -€52,908 | -6.6% |
| Stocks and contracts in progress | 3 | €183,758 | €219,241 | +€35,484 | +19.3% |
| Stocks | 30/36 | €183,758 | €219,241 | +€35,484 | +19.3% |
| Amounts receivable within one year | 40/41 | €349,903 | €419,733 | +€69,830 | +20.0% |
| Trade receivables | 40 | €339,230 | €350,678 | +€11,447 | +3.4% |
| Other amounts receivable | 41 | €10,673 | €69,056 | +€58,382 | +547% |
| Cash at bank and in hand | 54/58 | €264,205 | €103,257 | -€160,949 | -60.9% |
| Deferred charges and accrued income | 490/1 | €5,387 | €8,114 | +€2,727 | +50.6% |
| Total equity and liabilities | 10/49 | €868,980 | €796,718 | -€72,262 | -8.3% |
| Equity | 10/15 | €374,109 | €376,845 | +€2,737 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €355,509 | €358,245 | +€2,737 | +0.8% |
| Distributable reserves | 133 | €355,509 | €358,245 | +€2,737 | +0.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €494,871 | €419,873 | -€74,998 | -15.2% |
| Amounts payable after more than one year | 17 | €36,596 | €45,566 | +€8,970 | +24.5% |
| Financial debts | 170/4 | €36,596 | €20,566 | -€16,030 | -43.8% |
| Other amounts payable | 178/9 | - | €25,000 | +€25,000 | |
| Amounts payable within one year | 42/48 | €458,275 | €374,307 | -€83,968 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €31,199 | €52,779 | +€21,580 | +69.2% |
| Trade debts | 44 | €144,395 | €199,521 | +€55,127 | +38.2% |
| Suppliers | 440/4 | €144,395 | €199,521 | +€55,127 | +38.2% |
| Taxes, remuneration and social security | 45 | €112,681 | €111,730 | -€951 | -0.8% |
| Taxes | 450/3 | €97,784 | €99,702 | +€1,918 | +2.0% |
| Remuneration and social security | 454/9 | €14,897 | €12,028 | -€2,869 | -19.3% |
| Other amounts payable | 47/48 | €170,000 | €10,276 | -€159,724 | -94.0% |
| Remuneration, social security and pensions | 62 | €81,190 | €152,181 | +€70,991 | +87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,213 | €31,853 | -€359 | -1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €348 | €0 | -€348 | -100% |
| Other operating charges | 640/8 | €2,092 | €2,851 | +€759 | +36.3% |
| Gross operating margin | 9900 | €301,730 | €196,852 | -€104,878 | -34.8% |
| Operating profit (loss) | 9901 | €185,888 | €9,967 | -€175,921 | -94.6% |
| Financial income | 75/76B | €60 | €63 | +€4 | +6.3% |
| Recurring financial income | 75 | €60 | €63 | +€4 | +6.3% |
| Financial charges | 65/66B | €6,500 | €5,151 | -€1,348 | -20.7% |
| Recurring financial charges | 65 | €6,500 | €5,151 | -€1,348 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €179,447 | €4,879 | -€174,568 | -97.3% |
| Income taxes | 67/77 | €44,372 | €2,143 | -€42,229 | -95.2% |
| Profit (loss) for the period | 9904 | €135,076 | €2,737 | -€132,339 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €135,076 | €2,737 | -€132,339 | -98.0% |
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.