Moens Alex: 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.
Moens Alex
Largest movements
- Cash +€20,047
up €20,047 (+117%), from €17,168 to €37,215
mainly Net result for the year (+€21,264) and Depreciation (+€1,898)
- Receivables within one year +€2,404
up €2,404 (+501%), from €480 to €2,884
of which Trade receivables: +€2,271
- Tangible fixed assets -€1,898
down €1,898 (-37.9%), from €5,010 to €3,112
of which Furniture and vehicles: -€1,148
- Reserves +€21,264
up €21,264 (+110%), from €19,266 to €40,530
- Other debts -€1,281
no longer reported in 2025 (was €1,281)
- Gross operating margin +€3,266
up €3,266 (+12.4%), from €26,432 to €29,698
- Depreciation +€690
up €690 (+57.1%), from €1,208 to €1,898
- Taxes +€435
up €435 (+7.7%), from €5,681 to €6,116
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 | €23,971 | €44,358 | +€20,387 | +85.0% |
| Fixed assets | 21/28 | €5,010 | €3,112 | -€1,898 | -37.9% |
| Tangible fixed assets | 22/27 | €5,010 | €3,112 | -€1,898 | -37.9% |
| Plant, machinery and equipment | 23 | €1,545 | €795 | -€750 | -48.5% |
| Furniture and vehicles | 24 | €3,465 | €2,317 | -€1,148 | -33.1% |
| Current assets | 29/58 | €18,961 | €41,246 | +€22,285 | +118% |
| Amounts receivable within one year | 40/41 | €480 | €2,884 | +€2,404 | +501% |
| Trade receivables | 40 | €480 | €2,751 | +€2,271 | +473% |
| Other amounts receivable | 41 | - | €133 | +€133 | |
| Cash at bank and in hand | 54/58 | €17,168 | €37,215 | +€20,047 | +117% |
| Deferred charges and accrued income | 490/1 | €1,312 | €1,146 | -€166 | -12.7% |
| Total equity and liabilities | 10/49 | €23,971 | €44,358 | +€20,387 | +85.0% |
| Equity | 10/15 | €21,766 | €43,030 | +€21,264 | +97.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,266 | €40,530 | +€21,264 | +110% |
| Distributable reserves | 133 | €19,266 | €40,530 | +€21,264 | +110% |
| Amounts payable | 17/49 | €2,205 | €1,328 | -€877 | -39.8% |
| Amounts payable within one year | 42/48 | €2,205 | €1,328 | -€877 | -39.8% |
| Trade debts | 44 | €243 | €212 | -€31 | -12.8% |
| Suppliers | 440/4 | €243 | €212 | -€31 | -12.8% |
| Taxes, remuneration and social security | 45 | €681 | €1,116 | +€435 | +63.9% |
| Taxes | 450/3 | €681 | €1,116 | +€435 | +63.9% |
| Other amounts payable | 47/48 | €1,281 | - | -€1,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,208 | €1,898 | +€690 | +57.1% |
| Other operating charges | 640/8 | €274 | €279 | +€5 | +1.9% |
| Gross operating margin | 9900 | €26,432 | €29,698 | +€3,266 | +12.4% |
| Operating profit (loss) | 9901 | €24,950 | €27,521 | +€2,571 | +10.3% |
| Financial charges | 65/66B | €3 | €141 | +€138 | +4,631% |
| Recurring financial charges | 65 | €3 | €141 | +€138 | +4,631% |
| Profit (loss) for the period before taxes | 9903 | €24,947 | €27,380 | +€2,434 | +9.8% |
| Income taxes | 67/77 | €5,681 | €6,116 | +€435 | +7.7% |
| Profit (loss) for the period | 9904 | €19,266 | €21,264 | +€1,998 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,266 | €21,264 | +€1,998 | +10.4% |
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 24 October 2026 via checked.be.