MobiExcellence Group: 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.
MobiExcellence Group
Largest movements
- Financial fixed assets +€2.4m
up €2.4m (+34.7%), from €6.9m to €9.4m
- Cash +€328,303
up €328,303 (+873%), from €37,612 to €365,916
mainly Other debts (+€2.1m) and Short-term financial debts (+€1.0m)
- Receivables within one year -€228,467
down €228,467 (-4.1%), from €5.6m to €5.3m
of which Other amounts receivable: -€229,160
- Other debts +€2.1m
up €2.1m (+342%), from €622,381 to €2.8m
- Short-term financial debts +€1.0m
up €1.0m (+62.5%), from €1.6m to €2.6m
- Debts after one year -€444,558
no longer reported in 2025 (was €444,558)
- Current portion of long-term debt -€185,331
down €185,331 (-29.4%), from €629,889 to €444,558
- Financial income +€458,343
up €458,343 (+95.4%), from €480,454 to €938,797
of which Non-recurring financial income: +€465,129
- Financial charges +€89,355
up €89,355 (+14.0%), from €636,994 to €726,349
of which Financial charges: +€85,012
- Gross operating margin -€45,485
down €45,485 (-27.9%), from -€163,204 to -€208,689
- Taxes -€38,039
no longer reported in 2025 (was €38,039)
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 | €12,590,138 | €15,083,428 | +€2.5m | +19.8% |
| Fixed assets | 21/28 | €6,963,287 | €9,370,798 | +€2.4m | +34.6% |
| Intangible fixed assets | 21 | €14,330 | €9,505 | -€4,824 | -33.7% |
| Financial fixed assets | 28 | €6,948,958 | €9,361,293 | +€2.4m | +34.7% |
| Current assets | 29/58 | €5,626,851 | €5,712,630 | +€85,780 | +1.5% |
| Amounts receivable within one year | 40/41 | €5,570,164 | €5,341,697 | -€228,467 | -4.1% |
| Trade receivables | 40 | €378,255 | €378,948 | +€693 | +0.2% |
| Other amounts receivable | 41 | €5,191,909 | €4,962,749 | -€229,160 | -4.4% |
| Cash at bank and in hand | 54/58 | €37,612 | €365,916 | +€328,303 | +873% |
| Deferred charges and accrued income | 490/1 | €19,074 | €5,017 | -€14,057 | -73.7% |
| Total equity and liabilities | 10/49 | €12,590,138 | €15,083,428 | +€2.5m | +19.8% |
| Equity | 10/15 | €8,978,396 | €8,976,333 | -€2,064 | 0.0% |
| Contributions | 10/11 | €9,026,000 | €9,026,000 | = | 0.0% |
| Capital | 10 | €9,026,000 | €9,026,000 | = | 0.0% |
| Issued capital | 100 | €9,026,000 | €9,026,000 | = | 0.0% |
| Reserves | 13 | €15,799 | €15,799 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,799 | €15,799 | = | 0.0% |
| Legal reserve | 130 | €15,799 | €15,799 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,402 | -€65,466 | -€2,064 | -3.3% |
| Amounts payable | 17/49 | €3,611,742 | €6,107,096 | +€2.5m | +69.1% |
| Amounts payable after more than one year | 17 | €444,558 | - | -€444,558 | |
| Financial debts | 170/4 | €444,558 | - | -€444,558 | |
| Amounts payable within one year | 42/48 | €3,115,453 | €6,097,739 | +€3.0m | +95.7% |
| Current portion of amounts payable after more than one year | 42 | €629,889 | €444,558 | -€185,331 | -29.4% |
| Financial debts | 43 | €1,600,000 | €2,600,000 | +€1.0m | +62.5% |
| Credit institutions | 430/8 | €1,600,000 | €2,600,000 | +€1.0m | +62.5% |
| Trade debts | 44 | €225,144 | €302,102 | +€76,958 | +34.2% |
| Suppliers | 440/4 | €225,144 | €302,102 | +€76,958 | +34.2% |
| Taxes, remuneration and social security | 45 | €38,039 | - | -€38,039 | |
| Taxes | 450/3 | €38,039 | - | -€38,039 | |
| Other amounts payable | 47/48 | €622,381 | €2,751,079 | +€2.1m | +342% |
| Accrued charges and deferred income | 492/3 | €51,731 | €9,357 | -€42,374 | -81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,824 | €4,824 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€163,204 | -€208,689 | -€45,485 | -27.9% |
| Operating profit (loss) | 9901 | -€168,996 | -€214,511 | -€45,516 | -26.9% |
| Financial income | 75/76B | €480,454 | €938,797 | +€458,343 | +95.4% |
| Recurring financial income | 75 | €480,454 | €473,668 | -€6,786 | -1.4% |
| Non-recurring financial income | 76B | - | €465,129 | +€465,129 | |
| Financial charges | 65/66B | €636,994 | €726,349 | +€89,355 | +14.0% |
| Recurring financial charges | 65 | €171,865 | €256,877 | +€85,012 | +49.5% |
| Non-recurring financial charges | 66B | €465,129 | €469,471 | +€4,342 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€325,536 | -€2,064 | +€323,472 | +99.4% |
| Income taxes | 67/77 | €38,039 | - | -€38,039 | |
| Profit (loss) for the period | 9904 | -€363,575 | -€2,064 | +€361,512 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€363,575 | -€2,064 | +€361,512 | +99.4% |
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 30 October 2026 via checked.be.