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
- Tangible fixed assets -€26,564
down €26,564 (-62.9%), from €42,228 to €15,664
of which Furniture and vehicles: -€15,919
- Cash +€17,788
up €17,788 (+562.6%), from €3,162 to €20,950
mainly Trade debts (+€16,464) and Other debts (+€14,844)
- Stocks and contracts -€2,802
down €2,802 (-44.3%), from €6,318 to €3,516
- Deferred charges and accrued income -€1,273
down €1,273 (-55.0%), from €2,316 to €1,043
- Profit (loss) carried forward -€20,599
down €20,599 (-93.6%), from -€22,013 to -€42,612
- Trade debts +€16,464
up €16,464 (+198.2%), from €8,306 to €24,770
- Debts after one year -€16,034
no longer reported in 2025 (was €16,034)
- Other debts +€14,844
up €14,844 (+22.4%), from €66,409 to €81,253
- Current portion of long-term debt -€5,757
no longer reported in 2025 (was €5,757)
- Gross operating margin -€58,275
down €58,275 (-85.8%), from €67,916 to €9,641
- Staff costs -€44,330
down €44,330, from €43,908 to -€422
- Write-downs +€14,079
new in 2025: €14,079
- Depreciation -€4,384
down €4,384 (-26.3%), from €16,640 to €12,256
- Other operating charges -€3,460
down €3,460 (-84.9%), from €4,074 to €614
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 | €83,091 | €70,882 | -€12,209 | -14.7% |
| Fixed assets | 21/28 | €42,828 | €16,176 | -€26,651 | -62.2% |
| Tangible fixed assets | 22/27 | €42,228 | €15,664 | -€26,564 | -62.9% |
| Plant, machinery and equipment | 23 | €23,789 | €13,144 | -€10,645 | -44.7% |
| Furniture and vehicles | 24 | €18,438 | €2,520 | -€15,919 | -86.3% |
| Financial fixed assets | 28 | €600 | €512 | -€88 | -14.6% |
| Current assets | 29/58 | €40,263 | €54,706 | +€14,443 | +35.9% |
| Stocks and contracts in progress | 3 | €6,318 | €3,516 | -€2,802 | -44.3% |
| Stocks | 30/36 | €6,318 | €3,516 | -€2,802 | -44.3% |
| Amounts receivable within one year | 40/41 | €28,467 | €29,197 | +€730 | +2.6% |
| Trade receivables | 40 | €26,371 | €29,197 | +€2,825 | +10.7% |
| Other amounts receivable | 41 | €2,096 | - | -€2,096 | |
| Cash at bank and in hand | 54/58 | €3,162 | €20,950 | +€17,788 | +562.6% |
| Deferred charges and accrued income | 490/1 | €2,316 | €1,043 | -€1,273 | -55.0% |
| Total equity and liabilities | 10/49 | €83,091 | €70,882 | -€12,209 | -14.7% |
| Equity | 10/15 | -€19,013 | -€39,612 | -€20,599 | -108.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,013 | -€42,612 | -€20,599 | -93.6% |
| Amounts payable | 17/49 | €102,104 | €110,494 | +€8,390 | +8.2% |
| Amounts payable after more than one year | 17 | €16,034 | - | -€16,034 | |
| Financial debts | 170/4 | €16,034 | - | -€16,034 | |
| Amounts payable within one year | 42/48 | €86,070 | €110,494 | +€24,424 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €5,757 | - | -€5,757 | |
| Trade debts | 44 | €8,306 | €24,770 | +€16,464 | +198.2% |
| Suppliers | 440/4 | €8,306 | €24,770 | +€16,464 | +198.2% |
| Taxes, remuneration and social security | 45 | €5,599 | €4,471 | -€1,128 | -20.1% |
| Taxes | 450/3 | - | €2,359 | +€2,359 | |
| Remuneration and social security | 454/9 | €5,599 | €2,113 | -€3,486 | -62.3% |
| Other amounts payable | 47/48 | €66,409 | €81,253 | +€14,844 | +22.4% |
| Remuneration, social security and pensions | 62 | €43,908 | -€422 | -€44,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,640 | €12,256 | -€4,384 | -26.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,079 | +€14,079 | |
| Other operating charges | 640/8 | €4,074 | €614 | -€3,460 | -84.9% |
| Gross operating margin | 9900 | €67,916 | €9,641 | -€58,275 | -85.8% |
| Operating profit (loss) | 9901 | €3,294 | -€16,886 | -€20,180 | |
| Financial income | 75/76B | €7 | €8 | +€1 | +12.9% |
| Recurring financial income | 75 | €7 | €8 | +€1 | +12.9% |
| Financial charges | 65/66B | €4,579 | €3,719 | -€860 | -18.8% |
| Recurring financial charges | 65 | €4,579 | €3,719 | -€860 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,278 | -€20,597 | -€19,319 | -1511.4% |
| Income taxes | 67/77 | €0 | €2 | +€2 | +502.6% |
| Profit (loss) for the period | 9904 | -€1,279 | -€20,599 | -€19,321 | -1511.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,279 | -€20,599 | -€19,321 | -1511.1% |
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 29 September 2026 via checked.be.