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MODA GRIS: 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

MODA GRIS

BE 0473.340.204
NACE 47.715, Retail trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€10,197
2024 · €22,095-€32,292
Equity
-€101,375
2024 · -€91,178-€10,197
Cash
€133
2024 · €198-€65
Balance sheet total
€1,113
2024 · €7,489-€6,376

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income -€5,806

    no longer reported in 2025 (was €5,806)

  • Tangible fixed assets -€713

    down €713 (-48.0%), from €1,485 to €772

  • Receivables within one year +€208

    new in 2025: €208

    of which Other amounts receivable: +€185

Equity and liabilities
  • Current portion of long-term debt -€70,617

    no longer reported in 2025 (was €70,617)

  • Other debts +€69,884

    up €69,884 (+279.5%), from €25,000 to €94,884

  • Profit (loss) carried forward -€10,197

    down €10,197 (-10.1%), from -€100,695 to -€110,893

  • Tax, wage and social debts +€4,555

    up €4,555 (+149.3%), from €3,050 to €7,605

Income statement
  • Gross operating margin -€30,896

    down €30,896, from €26,258 to -€4,639

  • Taxes +€1,505

    up €1,505 (+49.3%), from €3,050 to €4,555

From the 2024 result to the 2025 result

effect on the 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 €22,095
Gross operating margin -€30,896
Depreciation -€37
Other operating charges -€8
Financial income +€0
Financial charges +€154
Taxes -€1,505
Result 2025 -€10,197

Cash bridge derived

cash 2024 to 2025

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 +€70,551
Investment €0
Financing -€70,617
Cash 2024 €198
Net result for the year -€10,197
Depreciation +€713
Receivables within one year -€208
Deferred charges and accrued income +€5,806
Tax, wage and social debts +€4,555
Other debts +€69,884
Current portion of long-term debt -€70,617
Cash 2025 €133
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €7,489 €1,113 -€6,376 -85.1%
Fixed assets 21/28 €1,485 €772 -€713 -48.0%
Tangible fixed assets 22/27 €1,485 €772 -€713 -48.0%
Furniture and vehicles 24 €1,485 €772 -€713 -48.0%
Current assets 29/58 €6,004 €341 -€5,663 -94.3%
Amounts receivable within one year 40/41 - €208 +€208
Trade receivables 40 - €23 +€23
Other amounts receivable 41 - €185 +€185
Cash at bank and in hand 54/58 €198 €133 -€65 -32.9%
Deferred charges and accrued income 490/1 €5,806 - -€5,806
Total equity and liabilities 10/49 €7,489 €1,113 -€6,376 -85.1%
Equity 10/15 -€91,178 -€101,375 -€10,197 -11.2%
Contributions 10/11 €6,205 €6,205 = 0.0%
Reserves 13 €3,312 €3,312 = 0.0%
Non-distributable reserves 130/1 €612 €612 = 0.0%
Reserves not available under the articles 1311 €612 €612 = 0.0%
Distributable reserves 133 €2,700 €2,700 = 0.0%
Profit (loss) carried forward 14 -€100,695 -€110,893 -€10,197 -10.1%
Amounts payable 17/49 €98,667 €102,489 +€3,822 +3.9%
Amounts payable within one year 42/48 €98,667 €102,489 +€3,822 +3.9%
Current portion of amounts payable after more than one year 42 €70,617 - -€70,617
Taxes, remuneration and social security 45 €3,050 €7,605 +€4,555 +149.3%
Taxes 450/3 €3,050 €7,605 +€4,555 +149.3%
Other amounts payable 47/48 €25,000 €94,884 +€69,884 +279.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €676 €713 +€37 +5.5%
Other operating charges 640/8 €185 €193 +€8 +4.4%
Gross operating margin 9900 €26,258 -€4,639 -€30,896
Operating profit (loss) 9901 €25,397 -€5,545 -€30,942
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €252 €98 -€154 -61.1%
Recurring financial charges 65 €252 €98 -€154 -61.1%
Profit (loss) for the period before taxes 9903 €25,145 -€5,643 -€30,787
Income taxes 67/77 €3,050 €4,555 +€1,505 +49.3%
Profit (loss) for the period 9904 €22,095 -€10,197 -€32,292
Profit (loss) for the period to be appropriated 9905 €22,095 -€10,197 -€32,292

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 30 September 2026 via checked.be.