MOENS EMwork: what changed
MOENS EMwork
Largest movements
- Tangible fixed assets -€24,641
down €24,641 (-25.9%), from €95,147 to €70,506
of which Furniture and vehicles: -€17,017
- Cash +€16,678
up €16,678 (+74.1%), from €22,508 to €39,186
mainly Depreciation (+€24,641) and Net result for the year (+€19,514)
- Receivables within one year +€3,242
up €3,242 (+26.3%), from €12,337 to €15,579
of which Trade receivables: +€3,232
- Profit (loss) carried forward +€19,514
up €19,514 (+67.9%), from -€28,750 to -€9,236
- Debts after one year -€14,444
down €14,444 (-21.1%), from €68,609 to €54,165
- Current portion of long-term debt -€12,706
down €12,706 (-46.6%), from €27,246 to €14,540
- Advances received +€10,881
new in 2025: €10,881
- Tax, wage and social debts -€4,767
down €4,767 (-30.4%), from €15,658 to €10,891
- Taxes -€12,530
down €12,530 (-98.5%), from €12,715 to €185
- Gross operating margin -€8,694
down €8,694 (-14.6%), from €59,710 to €51,016
- Financial charges +€2,890
up €2,890 (+170%), from €1,699 to €4,589
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,427 | €125,271 | -€5,156 | -4.0% |
| Fixed assets | 21/28 | €95,582 | €70,506 | -€25,076 | -26.2% |
| Tangible fixed assets | 22/27 | €95,147 | €70,506 | -€24,641 | -25.9% |
| Land and buildings | 22 | €244 | €135 | -€109 | -44.7% |
| Plant, machinery and equipment | 23 | €11,648 | €8,587 | -€3,061 | -26.3% |
| Furniture and vehicles | 24 | €33,997 | €16,980 | -€17,017 | -50.1% |
| Other tangible fixed assets | 26 | €49,258 | €44,804 | -€4,454 | -9.0% |
| Financial fixed assets | 28 | €435 | - | -€435 | |
| Current assets | 29/58 | €34,845 | €54,765 | +€19,920 | +57.2% |
| Amounts receivable within one year | 40/41 | €12,337 | €15,579 | +€3,242 | +26.3% |
| Trade receivables | 40 | €12,260 | €15,492 | +€3,232 | +26.4% |
| Other amounts receivable | 41 | €77 | €87 | +€10 | +13.0% |
| Cash at bank and in hand | 54/58 | €22,508 | €39,186 | +€16,678 | +74.1% |
| Total equity and liabilities | 10/49 | €130,427 | €125,271 | -€5,156 | -4.0% |
| Equity | 10/15 | -€6,750 | €12,764 | +€19,514 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,750 | -€9,236 | +€19,514 | +67.9% |
| Amounts payable | 17/49 | €137,177 | €112,507 | -€24,670 | -18.0% |
| Amounts payable after more than one year | 17 | €68,609 | €54,165 | -€14,444 | -21.1% |
| Financial debts | 170/4 | €68,609 | €54,165 | -€14,444 | -21.1% |
| Amounts payable within one year | 42/48 | €68,568 | €55,905 | -€12,663 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €27,246 | €14,540 | -€12,706 | -46.6% |
| Trade debts | 44 | €6,144 | €2,494 | -€3,650 | -59.4% |
| Suppliers | 440/4 | €6,144 | €2,494 | -€3,650 | -59.4% |
| Advances received on contracts in progress | 46 | - | €10,881 | +€10,881 | |
| Taxes, remuneration and social security | 45 | €15,658 | €10,891 | -€4,767 | -30.4% |
| Taxes | 450/3 | €15,658 | €10,891 | -€4,767 | -30.4% |
| Other amounts payable | 47/48 | €19,520 | €17,099 | -€2,421 | -12.4% |
| Accrued charges and deferred income | 492/3 | - | €2,437 | +€2,437 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,111 | €24,641 | -€470 | -1.9% |
| Other operating charges | 640/8 | €2,446 | €2,138 | -€308 | -12.6% |
| Gross operating margin | 9900 | €59,710 | €51,016 | -€8,694 | -14.6% |
| Operating profit (loss) | 9901 | €32,153 | €24,237 | -€7,916 | -24.6% |
| Financial income | 75/76B | €2 | €51 | +€49 | +2,450% |
| Recurring financial income | 75 | €2 | €51 | +€49 | +2,450% |
| Financial charges | 65/66B | €1,699 | €4,589 | +€2,890 | +170% |
| Recurring financial charges | 65 | €1,699 | €4,589 | +€2,890 | +170% |
| Profit (loss) for the period before taxes | 9903 | €30,456 | €19,699 | -€10,757 | -35.3% |
| Income taxes | 67/77 | €12,715 | €185 | -€12,530 | -98.5% |
| Profit (loss) for the period | 9904 | €17,741 | €19,514 | +€1,773 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,741 | €19,514 | +€1,773 | +10.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.