MOEKES IJS: what changed
Two financial 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.
MOEKES IJS
Largest movements
- Receivables within one year -€23,316
down €23,316 (-67.4%), from €34,576 to €11,260
of which Other amounts receivable: -€24,915
- Cash -€15,008
down €15,008 (-24.4%), from €61,500 to €46,492
mainly Trade debts (-€80,601) and Investment in fixed assets (net) (-€34,275)
- Trade debts -€80,601
down €80,601 (-70.0%), from €115,070 to €34,469
- Other debts +€54,408
new in 2025: €54,408
- Profit (loss) carried forward +€23,149
up €23,149 (+383%), from €6,042 to €29,191
- Debts after one year -€13,700
down €13,700 (-24.7%), from €55,480 to €41,780
- Current portion of long-term debt -€11,776
down €11,776 (-32.0%), from €36,811 to €25,035
- Staff costs -€21,753
down €21,753 (-30.8%), from €70,610 to €48,857
- Gross operating margin -€6,555
down €6,555 (-5.2%), from €126,065 to €119,510
- Taxes +€4,568
new in 2025: €4,568
- Financial charges +€4,407
up €4,407 (+73.4%), from €6,003 to €10,410
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.
Derived cash bridge
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 | €245,770 | €213,113 | -€32,657 | -13.3% |
| Fixed assets | 21/28 | €104,111 | €106,151 | +€2,040 | +2.0% |
| Tangible fixed assets | 22/27 | €104,111 | €106,151 | +€2,040 | +2.0% |
| Plant, machinery and equipment | 23 | €50,947 | €43,377 | -€7,570 | -14.9% |
| Furniture and vehicles | 24 | €32,963 | €23,350 | -€9,612 | -29.2% |
| Other tangible fixed assets | 26 | €20,202 | €39,424 | +€19,223 | +95.2% |
| Current assets | 29/58 | €141,659 | €106,962 | -€34,697 | -24.5% |
| Stocks and contracts in progress | 3 | €45,582 | €47,978 | +€2,395 | +5.3% |
| Stocks | 30/36 | €45,582 | €47,978 | +€2,395 | +5.3% |
| Amounts receivable within one year | 40/41 | €34,576 | €11,260 | -€23,316 | -67.4% |
| Trade receivables | 40 | €7,709 | €9,308 | +€1,599 | +20.7% |
| Other amounts receivable | 41 | €26,867 | €1,952 | -€24,915 | -92.7% |
| Cash at bank and in hand | 54/58 | €61,500 | €46,492 | -€15,008 | -24.4% |
| Deferred charges and accrued income | 490/1 | - | €1,232 | +€1,232 | |
| Total equity and liabilities | 10/49 | €245,770 | €213,113 | -€32,657 | -13.3% |
| Equity | 10/15 | €31,502 | €54,651 | +€23,149 | +73.5% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €3,460 | €3,460 | = | 0.0% |
| Distributable reserves | 133 | €3,460 | €3,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,042 | €29,191 | +€23,149 | +383% |
| Amounts payable | 17/49 | €214,268 | €158,463 | -€55,805 | -26.0% |
| Amounts payable after more than one year | 17 | €55,480 | €41,780 | -€13,700 | -24.7% |
| Financial debts | 170/4 | €55,480 | €41,780 | -€13,700 | -24.7% |
| Amounts payable within one year | 42/48 | €158,788 | €116,683 | -€42,105 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €36,811 | €25,035 | -€11,776 | -32.0% |
| Trade debts | 44 | €115,070 | €34,469 | -€80,601 | -70.0% |
| Suppliers | 440/4 | €115,070 | €34,469 | -€80,601 | -70.0% |
| Taxes, remuneration and social security | 45 | €6,906 | €2,771 | -€4,135 | -59.9% |
| Taxes | 450/3 | €484 | - | -€484 | |
| Remuneration and social security | 454/9 | €6,422 | €2,771 | -€3,652 | -56.9% |
| Other amounts payable | 47/48 | - | €54,408 | +€54,408 | |
| Remuneration, social security and pensions | 62 | €70,610 | €48,857 | -€21,753 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,446 | €32,235 | +€789 | +2.5% |
| Other operating charges | 640/8 | €1,713 | €2,137 | +€424 | +24.7% |
| Gross operating margin | 9900 | €126,065 | €119,510 | -€6,555 | -5.2% |
| Operating profit (loss) | 9901 | €22,295 | €36,281 | +€13,986 | +62.7% |
| Financial income | 75/76B | €2,353 | €1,846 | -€508 | -21.6% |
| Recurring financial income | 75 | €2,353 | €1,846 | -€508 | -21.6% |
| Financial charges | 65/66B | €6,003 | €10,410 | +€4,407 | +73.4% |
| Recurring financial charges | 65 | €6,003 | €10,410 | +€4,407 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €18,645 | €27,717 | +€9,072 | +48.7% |
| Income taxes | 67/77 | - | €4,568 | +€4,568 | |
| Profit (loss) for the period | 9904 | €18,645 | €23,149 | +€4,503 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,645 | €23,149 | +€4,503 | +24.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.