MOBITEL: 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.
What changed
MOBITEL
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€281,320
2024 · €437,978-€156,658
Equity
€1.1m
2024 · €1.1m+€73,680
Cash
€1.2m
2024 · €1.4m-€207,993
Balance sheet total
€5.2m
2024 · €6.2m-€1.0m
Largest movements
Assets
- Receivables within one year -€652,932
down €652,932 (-20.2%), from €3.2m to €2.6m
of which Trade receivables: -€473,995
- Tangible fixed assets -€248,042
down €248,042 (-24.4%), from €1.0m to €769,469
of which Furniture and vehicles: -€257,901
- Intangible fixed assets +€228,561
new in 2025: €228,561
- Cash -€207,993
down €207,993 (-14.4%), from €1.4m to €1.2m
mainly Trade debts (-€450,752) and Investment in fixed assets (net) (-€397,602)
- Stocks and contracts -€88,982
down €88,982 (-27.7%), from €321,035 to €232,053
Equity and liabilities
- Trade debts -€450,752
down €450,752 (-15.7%), from €2.9m to €2.4m
- Other debts -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Accrued charges and deferred income -€196,490
down €196,490 (-95.1%), from €206,580 to €10,091
- Debts after one year -€153,831
down €153,831 (-36.1%), from €426,178 to €272,346
- Tax, wage and social debts +€75,564
up €75,564 (+23.8%), from €316,851 to €392,415
of which Taxes: +€115,372
Income statement
- Turnover -€20.8m
no longer reported in 2025 (was €20.8m)
- Goods and materials -€17.1m
no longer reported in 2025 (was €17.1m)
of which Purchases: -€17.1m
- Gross operating margin +€3.2m
new in 2025: €3.2m
- Services and other goods -€1.6m
no longer reported in 2025 (was €1.6m)
- Other operating income -€1.0m
no longer reported in 2025 (was €1.0m)
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
€437,978
Turnover
-€20.8m
Other operating income
-€1.0m
Goods and materials
+€17.1m
Services and other goods
+€1.6m
Staff costs
-€247,444
Depreciation
+€4,072
Other operating charges
+€421
Other operating items
+€3.2m
Financial income
-€2,183
Financial charges
+€36,352
Taxes
+€81,808
Result 2025
€281,320
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.
From operations
+€614,237
Investment
-€397,602
Financing
-€424,628
Cash 2024
€1.4m
From operations (derived)
+€614,237
Net result for the year
+€281,320
Depreciation
+€417,083
Stocks and contracts
+€88,982
Receivables within one year
+€652,932
Deferred charges and accrued income
+€53,940
Trade debts
-€450,752
Tax, wage and social debts
+€75,564
Advances received
-€58,343
Other debts
-€250,000
Accrued charges and deferred income
-€196,490
Investment (derived)
-€397,602
Investment in fixed assets (net)
-€397,602
Financing
-€424,628
Debts after one year
-€153,831
Current portion of long-term debt
-€42,960
Short-term financial debts
-€20,196
Contributions, distributions and other
-€207,640
Cash 2025
€1.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,184,862 | €5,161,533 | -€1.0m | -16.5% |
| Fixed assets | 21/28 | €1,017,512 | €998,030 | -€19,482 | -1.9% |
| Intangible fixed assets | 21 | - | €228,561 | +€228,561 | |
| Tangible fixed assets | 22/27 | €1,017,512 | €769,469 | -€248,042 | -24.4% |
| Plant, machinery and equipment | 23 | €219,179 | €229,038 | +€9,859 | +4.5% |
| Furniture and vehicles | 24 | €798,333 | €540,432 | -€257,901 | -32.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Affiliated companies | 280/1 | €0 | - | = | |
| Participating interests | 280 | €0 | - | = | |
| Current assets | 29/58 | €5,167,350 | €4,163,503 | -€1.0m | -19.4% |
| Stocks and contracts in progress | 3 | €321,035 | €232,053 | -€88,982 | -27.7% |
| Stocks | 30/36 | €321,035 | €232,053 | -€88,982 | -27.7% |
| Goods purchased for resale | 34 | €321,035 | - | -€321,035 | |
| Amounts receivable within one year | 40/41 | €3,230,043 | €2,577,110 | -€652,932 | -20.2% |
| Trade receivables | 40 | €3,051,106 | €2,577,110 | -€473,995 | -15.5% |
| Other amounts receivable | 41 | €178,937 | €0 | -€178,937 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,440,229 | €1,232,237 | -€207,993 | -14.4% |
| Deferred charges and accrued income | 490/1 | €176,043 | €122,103 | -€53,940 | -30.6% |
| Total equity and liabilities | 10/49 | €6,184,862 | €5,161,533 | -€1.0m | -16.5% |
| Equity | 10/15 | €1,054,504 | €1,128,184 | +€73,680 | +7.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,004,504 | €1,078,184 | +€73,680 | +7.3% |
| Tax-exempt reserves | 132 | €1,185 | €1,185 | = | 0.0% |
| Distributable reserves | 133 | €1,003,319 | €1,076,999 | +€73,680 | +7.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,130,358 | €4,033,349 | -€1.1m | -21.4% |
| Amounts payable after more than one year | 17 | €426,178 | €272,346 | -€153,831 | -36.1% |
| Financial debts | 170/4 | €426,178 | €272,346 | -€153,831 | -36.1% |
| Credit institutions | 173 | €313,678 | - | -€313,678 | |
| Other loans | 174 | €112,500 | - | -€112,500 | |
| Amounts payable within one year | 42/48 | €4,497,600 | €3,750,912 | -€746,687 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €178,042 | €135,081 | -€42,960 | -24.1% |
| Financial debts | 43 | €283,704 | €263,508 | -€20,196 | -7.1% |
| Credit institutions | 430/8 | €183,704 | €100,844 | -€82,860 | -45.1% |
| Other loans | 439 | €100,000 | €162,664 | +€62,664 | +62.7% |
| Trade debts | 44 | €2,871,273 | €2,420,521 | -€450,752 | -15.7% |
| Suppliers | 440/4 | €2,871,273 | €2,420,521 | -€450,752 | -15.7% |
| Advances received on contracts in progress | 46 | €597,730 | €539,387 | -€58,343 | -9.8% |
| Taxes, remuneration and social security | 45 | €316,851 | €392,415 | +€75,564 | +23.8% |
| Taxes | 450/3 | €74,548 | €189,920 | +€115,372 | +154.8% |
| Remuneration and social security | 454/9 | €242,303 | €202,495 | -€39,807 | -16.4% |
| Other amounts payable | 47/48 | €250,000 | €0 | -€250,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €206,580 | €10,091 | -€196,490 | -95.1% |
| Operating income | 70/76A | €21,894,795 | - | -€21.9m | |
| Turnover | 70 | €20,841,057 | - | -€20.8m | |
| Other operating income | 74 | €1,040,519 | - | -€1.0m | |
| Non-recurring operating income | 76A | €13,220 | €58,882 | +€45,662 | +345.4% |
| Operating charges | 60/66A | €21,165,770 | - | -€21.2m | |
| Goods for resale, raw materials and consumables | 60 | €17,087,266 | - | -€17.1m | |
| Purchases | 600/8 | €17,081,141 | - | -€17.1m | |
| Change in stocks: decrease (increase) | 609 | €6,125 | - | -€6,125 | |
| Services and other goods | 61 | €1,611,572 | - | -€1.6m | |
| Remuneration, social security and pensions | 62 | €2,030,988 | €2,278,433 | +€247,444 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421,155 | €417,083 | -€4,072 | -1.0% |
| Other operating charges | 640/8 | €14,790 | €14,369 | -€421 | -2.8% |
| Non-recurring operating charges | 66A | €0 | €3,289 | +€3,289 | |
| Gross operating margin | 9900 | - | €3,169,564 | +€3.2m | |
| Operating profit (loss) | 9901 | €729,025 | €456,390 | -€272,635 | -37.4% |
| Financial income | 75/76B | €3,934 | €1,750 | -€2,183 | -55.5% |
| Recurring financial income | 75 | €3,934 | €1,750 | -€2,183 | -55.5% |
| Income from current assets | 751 | €3,934 | - | -€3,934 | |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €94,025 | €57,673 | -€36,352 | -38.7% |
| Recurring financial charges | 65 | €59,025 | €57,673 | -€1,352 | -2.3% |
| Debt charges | 650 | €32,826 | - | -€32,826 | |
| Other financial charges | 652/9 | €26,200 | - | -€26,200 | |
| Non-recurring financial charges | 66B | €35,000 | €0 | -€35,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €638,933 | €400,467 | -€238,466 | -37.3% |
| Income taxes | 67/77 | €200,955 | €119,147 | -€81,808 | -40.7% |
| Taxes | 670/3 | €200,955 | - | -€200,955 | |
| Profit (loss) for the period | 9904 | €437,978 | €281,320 | -€156,658 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €437,978 | €281,320 | -€156,658 | -35.8% |
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 5 October 2026 via checked.be.