Moens Management: 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.
Moens Management
Largest movements
- Receivables after one year +€296,157
up €296,157 (+34.0%), from €872,188 to €1.2m
- Cash -€117,866
down €117,866 (-20.7%), from €569,276 to €451,411
mainly Contributions, distributions and other (-€1.8m) and Receivables after one year (-€296,157)
- Other debts +€1.4m
up €1.4m (+708.7%), from €197,403 to €1.6m
- Reserves -€1.2m
down €1.2m (-99.8%), from €1.2m to €1,855
of which Distributable reserves: -€1.2m
- Tax, wage and social debts +€23,567
up €23,567 (+684.7%), from €3,442 to €27,008
- Trade debts -€17,961
down €17,961 (-90.0%), from €19,955 to €1,994
- Gross operating margin +€447,663
up €447,663 (+164.0%), from €272,927 to €720,591
- Taxes +€121,018
up €121,018 (+170.6%), from €70,947 to €191,965
- Financial income +€30,739
up €30,739 (+132.1%), from €23,264 to €54,004
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 | €1,473,834 | €1,645,837 | +€172,003 | +11.7% |
| Fixed assets | 21/28 | €3,878 | €1,803 | -€2,075 | -53.5% |
| Tangible fixed assets | 22/27 | €3,878 | €1,803 | -€2,075 | -53.5% |
| Furniture and vehicles | 24 | €3,878 | €1,803 | -€2,075 | -53.5% |
| Current assets | 29/58 | €1,469,956 | €1,644,033 | +€174,077 | +11.8% |
| Amounts receivable after more than one year | 29 | €872,188 | €1,168,345 | +€296,157 | +34.0% |
| Other amounts receivable | 291 | €872,188 | €1,168,345 | +€296,157 | +34.0% |
| Amounts receivable within one year | 40/41 | €26,674 | €24,088 | -€2,586 | -9.7% |
| Trade receivables | 40 | €18,921 | €16,335 | -€2,586 | -13.7% |
| Other amounts receivable | 41 | €7,753 | €7,753 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €569,276 | €451,411 | -€117,866 | -20.7% |
| Deferred charges and accrued income | 490/1 | €1,818 | €190 | -€1,629 | -89.6% |
| Total equity and liabilities | 10/49 | €1,473,834 | €1,645,837 | +€172,003 | +11.7% |
| Equity | 10/15 | €1,248,173 | €20,405 | -€1.2m | -98.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,229,623 | €1,855 | -€1.2m | -99.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,227,768 | €0 | -€1.2m | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €225,661 | €1,625,432 | +€1.4m | +620.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €225,661 | €1,625,432 | +€1.4m | +620.3% |
| Current portion of amounts payable after more than one year | 42 | €4,861 | €0 | -€4,861 | -100.0% |
| Trade debts | 44 | €19,955 | €1,994 | -€17,961 | -90.0% |
| Suppliers | 440/4 | €19,955 | €1,994 | -€17,961 | -90.0% |
| Taxes, remuneration and social security | 45 | €3,442 | €27,008 | +€23,567 | +684.7% |
| Taxes | 450/3 | €3,442 | €27,008 | +€23,567 | +684.7% |
| Other amounts payable | 47/48 | €197,403 | €1,596,429 | +€1.4m | +708.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,075 | €2,075 | = | 0.0% |
| Other operating charges | 640/8 | €1,778 | €2,140 | +€362 | +20.4% |
| Gross operating margin | 9900 | €272,927 | €720,591 | +€447,663 | +164.0% |
| Operating profit (loss) | 9901 | €269,075 | €716,376 | +€447,301 | +166.2% |
| Financial income | 75/76B | €23,264 | €54,004 | +€30,739 | +132.1% |
| Recurring financial income | 75 | €23,264 | €54,004 | +€30,739 | +132.1% |
| Financial charges | 65/66B | €239 | €153 | -€86 | -35.9% |
| Recurring financial charges | 65 | €239 | €153 | -€86 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €292,100 | €770,226 | +€478,127 | +163.7% |
| Income taxes | 67/77 | €70,947 | €191,965 | +€121,018 | +170.6% |
| Profit (loss) for the period | 9904 | €221,153 | €578,261 | +€357,108 | +161.5% |
| Profit (loss) for the period to be appropriated | 9905 | €221,153 | €578,261 | +€357,108 | +161.5% |
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 4 October 2026 via checked.be.