MOBELEC PRODUCTS: 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.
What changed
MOBELEC PRODUCTS
NACE 25.120, Manufacture of fabricated metal products, except machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,421
2024 · -€102,778+€113,199
Equity
€861,769
2024 · €851,349+€10,421
Cash
€98,341
2024 · €94,265+€4,076
Balance sheet total
€961,182
2024 · €1.1m-€127,140
Largest movements
Assets
- Stocks and contracts -€101,276
down €101,276 (-44.7%), from €226,429 to €125,153
- Receivables within one year -€28,110
down €28,110 (-3.7%), from €759,111 to €731,000
of which Other amounts receivable: -€187,691
Equity and liabilities
- Advances received -€109,943
down €109,943 (-95.1%), from €115,555 to €5,613
- Trade debts -€13,456
down €13,456 (-25.5%), from €52,793 to €39,337
Income statement
- Gross operating margin +€123,359
up €123,359 (+261%), from €47,256 to €170,615
- Financial income -€12,328
down €12,328 (-36.3%), from €33,956 to €21,628
- Staff costs +€5,164
up €5,164 (+2.9%), from €177,720 to €182,884
- Provisions -€4,781
down €4,781 (-219%), from -€2,188 to -€6,969
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.
Result 2024
-€102,778
Gross operating margin
+€123,359
Staff costs
-€5,164
Depreciation
+€686
Provisions
+€4,781
Other operating charges
+€1,524
Financial income
-€12,328
Financial charges
+€319
Taxes
+€23
Result 2025
€10,421
raises the resultlowers the result
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.
From operations
+€4,076
Investment
€0
Financing
€0
Cash 2024
€94,265
From operations (derived)
+€4,076
Net result for the year
+€10,421
Depreciation
+€786
Stocks and contracts
+€101,276
Receivables within one year
+€28,110
Deferred charges and accrued income
+€1,044
Provisions
-€6,969
Trade debts
-€13,456
Tax, wage and social debts
-€7,193
Advances received
-€109,943
Cash 2025
€98,341
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,088,322 | €961,182 | -€127,140 | -11.7% |
| Fixed assets | 21/28 | €3,481 | €2,696 | -€786 | -22.6% |
| Tangible fixed assets | 22/27 | €3,481 | €2,696 | -€786 | -22.6% |
| Land and buildings | 22 | €2,280 | €1,976 | -€304 | -13.3% |
| Furniture and vehicles | 24 | €1,202 | €720 | -€482 | -40.1% |
| Current assets | 29/58 | €1,084,841 | €958,486 | -€126,354 | -11.6% |
| Stocks and contracts in progress | 3 | €226,429 | €125,153 | -€101,276 | -44.7% |
| Stocks | 30/36 | €226,429 | €125,153 | -€101,276 | -44.7% |
| Amounts receivable within one year | 40/41 | €759,111 | €731,000 | -€28,110 | -3.7% |
| Trade receivables | 40 | €34,847 | €194,428 | +€159,581 | +458% |
| Other amounts receivable | 41 | €724,263 | €536,572 | -€187,691 | -25.9% |
| Cash at bank and in hand | 54/58 | €94,265 | €98,341 | +€4,076 | +4.3% |
| Deferred charges and accrued income | 490/1 | €5,036 | €3,992 | -€1,044 | -20.7% |
| Total equity and liabilities | 10/49 | €1,088,322 | €961,182 | -€127,140 | -11.7% |
| Equity | 10/15 | €851,349 | €861,769 | +€10,421 | +1.2% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €727,402 | €737,823 | +€10,421 | +1.4% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,755 | €50,755 | = | 0.0% |
| Distributable reserves | 133 | €664,252 | €674,673 | +€10,421 | +1.6% |
| Provisions and deferred taxes | 16 | €31,861 | €24,892 | -€6,969 | -21.9% |
| Provisions for liabilities and charges | 160/5 | €31,861 | €24,892 | -€6,969 | -21.9% |
| Environmental obligations | 163 | €31,861 | €0 | -€31,861 | -100% |
| Other liabilities and charges | 164/5 | - | €24,892 | +€24,892 | |
| Amounts payable | 17/49 | €205,112 | €74,521 | -€130,591 | -63.7% |
| Amounts payable within one year | 42/48 | €205,112 | €74,521 | -€130,591 | -63.7% |
| Trade debts | 44 | €52,793 | €39,337 | -€13,456 | -25.5% |
| Suppliers | 440/4 | €52,793 | €39,337 | -€13,456 | -25.5% |
| Advances received on contracts in progress | 46 | €115,555 | €5,613 | -€109,943 | -95.1% |
| Taxes, remuneration and social security | 45 | €36,414 | €29,222 | -€7,193 | -19.8% |
| Taxes | 450/3 | €7,236 | €1,536 | -€5,699 | -78.8% |
| Remuneration and social security | 454/9 | €29,179 | €27,685 | -€1,494 | -5.1% |
| Other amounts payable | 47/48 | €350 | €350 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €177,720 | €182,884 | +€5,164 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,471 | €786 | -€686 | -46.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,188 | -€6,969 | -€4,781 | -219% |
| Other operating charges | 640/8 | €5,753 | €4,229 | -€1,524 | -26.5% |
| Gross operating margin | 9900 | €47,256 | €170,615 | +€123,359 | +261% |
| Operating profit (loss) | 9901 | -€135,499 | -€10,314 | +€125,185 | +92.4% |
| Financial income | 75/76B | €33,956 | €21,628 | -€12,328 | -36.3% |
| Recurring financial income | 75 | €33,956 | €21,628 | -€12,328 | -36.3% |
| Financial charges | 65/66B | €1,003 | €684 | -€319 | -31.8% |
| Recurring financial charges | 65 | €1,003 | €684 | -€319 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€102,546 | €10,630 | +€113,176 | |
| Income taxes | 67/77 | €232 | €209 | -€23 | -9.9% |
| Profit (loss) for the period | 9904 | -€102,778 | €10,421 | +€113,199 | |
| Profit (loss) for the period to be appropriated | 9905 | -€102,778 | €10,421 | +€113,199 |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.