MOCA: 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.
MOCA
Largest movements
- Receivables within one year +€18,193
up €18,193 (+1741.9%), from €1,044 to €19,237
of which Trade receivables: +€13,068
- Cash -€7,763
down €7,763 (-10.9%), from €71,111 to €63,348
mainly Contributions, distributions and other (-€162,237) and Debts after one year (-€38,019)
- Other debts +€138,030
new in 2025: €138,030
- Profit (loss) carried forward -€61,377
no longer reported in 2025 (was €61,377)
- Debts after one year -€38,019
down €38,019 (-10.6%), from €357,426 to €319,407
- Tax, wage and social debts -€20,045
down €20,045 (-75.0%), from €26,741 to €6,696
of which Taxes: -€11,741
- Trade debts -€13,861
down €13,861 (-99.4%), from €13,952 to €91
- Gross operating margin +€98,116
up €98,116 (+174.7%), from €56,151 to €154,267
- Taxes +€25,520
up €25,520 (+240.8%), from €10,598 to €36,119
- Financial charges +€4,033
up €4,033 (+57.0%), from €7,081 to €11,113
- Depreciation +€3,097
up €3,097 (+158.3%), from €1,957 to €5,054
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 | €501,617 | €507,439 | +€5,821 | +1.2% |
| Fixed assets | 21/28 | €427,863 | €423,294 | -€4,569 | -1.1% |
| Tangible fixed assets | 22/27 | €12,463 | €7,894 | -€4,569 | -36.7% |
| Furniture and vehicles | 24 | €12,463 | €7,894 | -€4,569 | -36.7% |
| Financial fixed assets | 28 | €415,400 | €415,400 | = | 0.0% |
| Current assets | 29/58 | €73,755 | €84,145 | +€10,390 | +14.1% |
| Amounts receivable within one year | 40/41 | €1,044 | €19,237 | +€18,193 | +1741.9% |
| Trade receivables | 40 | - | €13,068 | +€13,068 | |
| Other amounts receivable | 41 | €1,044 | €6,169 | +€5,125 | +490.7% |
| Cash at bank and in hand | 54/58 | €71,111 | €63,348 | -€7,763 | -10.9% |
| Deferred charges and accrued income | 490/1 | €1,599 | €1,560 | -€39 | -2.5% |
| Total equity and liabilities | 10/49 | €501,617 | €507,439 | +€5,821 | +1.2% |
| Equity | 10/15 | €62,577 | €1,200 | -€61,377 | -98.1% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,377 | - | -€61,377 | |
| Amounts payable | 17/49 | €439,040 | €506,239 | +€67,199 | +15.3% |
| Amounts payable after more than one year | 17 | €357,426 | €319,407 | -€38,019 | -10.6% |
| Financial debts | 170/4 | €357,426 | €319,407 | -€38,019 | -10.6% |
| Amounts payable within one year | 42/48 | €77,619 | €182,836 | +€105,218 | +135.6% |
| Current portion of amounts payable after more than one year | 42 | €36,926 | €38,019 | +€1,093 | +3.0% |
| Trade debts | 44 | €13,952 | €91 | -€13,861 | -99.4% |
| Suppliers | 440/4 | €13,952 | €91 | -€13,861 | -99.4% |
| Taxes, remuneration and social security | 45 | €26,741 | €6,696 | -€20,045 | -75.0% |
| Taxes | 450/3 | €18,438 | €6,696 | -€11,741 | -63.7% |
| Remuneration and social security | 454/9 | €8,303 | - | -€8,303 | |
| Other amounts payable | 47/48 | - | €138,030 | +€138,030 | |
| Accrued charges and deferred income | 492/3 | €3,996 | €3,996 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,957 | €5,054 | +€3,097 | +158.3% |
| Other operating charges | 640/8 | €367 | €1,122 | +€755 | +205.6% |
| Gross operating margin | 9900 | €56,151 | €154,267 | +€98,116 | +174.7% |
| Operating profit (loss) | 9901 | €53,827 | €148,092 | +€94,264 | +175.1% |
| Financial income | 75/76B | €63 | - | -€63 | |
| Recurring financial income | 75 | €63 | - | -€63 | |
| Financial charges | 65/66B | €7,081 | €11,113 | +€4,033 | +57.0% |
| Recurring financial charges | 65 | €7,081 | €11,113 | +€4,033 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €46,809 | €136,978 | +€90,169 | +192.6% |
| Income taxes | 67/77 | €10,598 | €36,119 | +€25,520 | +240.8% |
| Profit (loss) for the period | 9904 | €36,211 | €100,860 | +€64,649 | +178.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,211 | €100,860 | +€64,649 | +178.5% |
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 28 September 2026 via checked.be.