MOCAFBEL: 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.
MOCAFBEL
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+263.3%), from €389,276 to €1.4m
of which Land and buildings: +€1.0m
- Cash +€77,628
up €77,628 (+372.5%), from €20,842 to €98,470
mainly Debts after one year (+€1.1m) and Depreciation (+€159,063)
- Receivables within one year +€19,424
up €19,424 (+265.2%), from €7,325 to €26,749
- Debts after one year +€1.1m
new in 2025: €1.1m
- Current portion of long-term debt +€67,500
new in 2025: €67,500
- Profit (loss) carried forward -€49,836
down €49,836 (-26.9%), from €185,034 to €135,198
- Other debts -€44,000
down €44,000 (-20.4%), from €215,501 to €171,501
- Trade debts +€24,899
new in 2025: €24,899
- Depreciation +€121,554
up €121,554 (+324.1%), from €37,509 to €159,063
- Turnover +€47,303
up €47,303 (+50.2%), from €94,205 to €141,508
- Purchases and services +€36,416
up €36,416 (+222.5%), from €16,369 to €52,785
- Gross operating margin +€31,276
up €31,276 (+36.8%), from €84,940 to €116,216
- Taxes -€7,789
down €7,789 (-77.9%), from €10,000 to €2,211
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 | €417,443 | €1,542,597 | +€1.1m | +269.5% |
| Fixed assets | 21/28 | €389,276 | €1,417,378 | +€1.0m | +264.1% |
| Tangible fixed assets | 22/27 | €389,276 | €1,414,378 | +€1.0m | +263.3% |
| Land and buildings | 22 | €371,285 | €1,394,606 | +€1.0m | +275.6% |
| Plant, machinery and equipment | 23 | - | €7,886 | +€7,886 | |
| Furniture and vehicles | 24 | €17,991 | €11,886 | -€6,105 | -33.9% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €28,167 | €125,219 | +€97,052 | +344.6% |
| Amounts receivable within one year | 40/41 | €7,325 | €26,749 | +€19,424 | +265.2% |
| Trade receivables | 40 | €7,325 | €26,749 | +€19,424 | +265.2% |
| Cash at bank and in hand | 54/58 | €20,842 | €98,470 | +€77,628 | +372.5% |
| Total equity and liabilities | 10/49 | €417,443 | €1,542,597 | +€1.1m | +269.5% |
| Equity | 10/15 | €198,784 | €148,948 | -€49,836 | -25.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | €12,500 | = | 0.0% |
| Issued capital | 100 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,250 | €1,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Legal reserve | 130 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,034 | €135,198 | -€49,836 | -26.9% |
| Amounts payable | 17/49 | €218,659 | €1,393,649 | +€1.2m | +537.4% |
| Amounts payable after more than one year | 17 | - | €1,120,000 | +€1.1m | |
| Financial debts | 170/4 | - | €1,120,000 | +€1.1m | |
| Amounts payable within one year | 42/48 | €218,659 | €273,649 | +€54,990 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | - | €67,500 | +€67,500 | |
| Financial debts | 43 | €3,158 | - | -€3,158 | |
| Credit institutions | 430/8 | €3,158 | - | -€3,158 | |
| Trade debts | 44 | - | €24,899 | +€24,899 | |
| Suppliers | 440/4 | - | €24,899 | +€24,899 | |
| Taxes, remuneration and social security | 45 | - | €9,749 | +€9,749 | |
| Taxes | 450/3 | - | €9,749 | +€9,749 | |
| Other amounts payable | 47/48 | €215,501 | €171,501 | -€44,000 | -20.4% |
| Turnover | 70 | €94,205 | €141,508 | +€47,303 | +50.2% |
| Non-recurring operating income | 76A | €7,104 | €27,493 | +€20,389 | +287.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €16,369 | €52,785 | +€36,416 | +222.5% |
| Remuneration, social security and pensions | 62 | €5,383 | - | -€5,383 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,509 | €159,063 | +€121,554 | +324.1% |
| Other operating charges | 640/8 | €1,705 | €2,937 | +€1,232 | +72.3% |
| Gross operating margin | 9900 | €84,940 | €116,216 | +€31,276 | +36.8% |
| Operating profit (loss) | 9901 | €40,343 | -€45,784 | -€86,127 | |
| Financial charges | 65/66B | €127 | €1,841 | +€1,714 | +1349.6% |
| Recurring financial charges | 65 | €127 | €1,841 | +€1,714 | +1349.6% |
| Profit (loss) for the period before taxes | 9903 | €40,216 | -€47,625 | -€87,841 | |
| Income taxes | 67/77 | €10,000 | €2,211 | -€7,789 | -77.9% |
| Profit (loss) for the period | 9904 | €30,216 | -€49,836 | -€80,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,216 | -€49,836 | -€80,052 |
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 8 October 2026 via checked.be.