MOENS-VAN DOOREN: 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-VAN DOOREN
Largest movements
- Cash -€39,428
down €39,428 (-78.3%), from €50,371 to €10,943
mainly Accrued charges and deferred income (-€64,101) and Net result for the year (-€50,347)
- Tangible fixed assets +€21,049
up €21,049 (+60.4%), from €34,830 to €55,879
of which Leasing and similar rights: +€22,460
- Receivables within one year -€7,312
down €7,312 (-13.0%), from €56,106 to €48,795
of which Other amounts receivable: -€50,954
- Financial fixed assets +€5,340
up €5,340 (+636%), from €840 to €6,180
- Deferred charges and accrued income -€2,792
down €2,792 (-100%), from €2,792 to €0
- Accrued charges and deferred income -€64,101
down €64,101 (-97.1%), from €66,000 to €1,899
- Profit (loss) carried forward -€50,347
down €50,347 (-152%), from -€33,045 to -€83,392
- Trade debts +€37,819
up €37,819 (+64.1%), from €59,003 to €96,822
- Other debts +€35,204
up €35,204 (+3,353%), from €1,050 to €36,254
- Debts after one year +€7,550
up €7,550 (+51.4%), from €14,693 to €22,243
- Gross operating margin -€87,093
down €87,093 (-95.2%), from €91,476 to €4,383
- Staff costs -€11,591
down €11,591 (-28.6%), from €40,524 to €28,933
- Financial income -€2,427
down €2,427 (-82.0%), from €2,961 to €534
- Financial charges +€1,962
up €1,962 (+34.1%), from €5,758 to €7,720
- Taxes -€1,367
down €1,367 (-75.7%), from €1,805 to €438
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 | €151,479 | €128,439 | -€23,040 | -15.2% |
| Fixed assets | 21/28 | €35,670 | €62,059 | +€26,389 | +74.0% |
| Tangible fixed assets | 22/27 | €34,830 | €55,879 | +€21,049 | +60.4% |
| Plant, machinery and equipment | 23 | €2,157 | €1,878 | -€278 | -12.9% |
| Furniture and vehicles | 24 | €1,469 | €337 | -€1,133 | -77.1% |
| Leasing and similar rights | 25 | €31,204 | €53,663 | +€22,460 | +72.0% |
| Financial fixed assets | 28 | €840 | €6,180 | +€5,340 | +636% |
| Current assets | 29/58 | €115,809 | €66,380 | -€49,429 | -42.7% |
| Stocks and contracts in progress | 3 | €6,540 | €6,642 | +€102 | +1.6% |
| Stocks | 30/36 | €6,540 | €6,642 | +€102 | +1.6% |
| Amounts receivable within one year | 40/41 | €56,106 | €48,795 | -€7,312 | -13.0% |
| Trade receivables | 40 | €4,423 | €48,065 | +€43,642 | +987% |
| Other amounts receivable | 41 | €51,683 | €729 | -€50,954 | -98.6% |
| Cash at bank and in hand | 54/58 | €50,371 | €10,943 | -€39,428 | -78.3% |
| Deferred charges and accrued income | 490/1 | €2,792 | €0 | -€2,792 | -100% |
| Total equity and liabilities | 10/49 | €151,479 | €128,439 | -€23,040 | -15.2% |
| Equity | 10/15 | -€14,445 | -€64,792 | -€50,347 | -349% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,045 | -€83,392 | -€50,347 | -152% |
| Amounts payable | 17/49 | €165,923 | €193,231 | +€27,307 | +16.5% |
| Amounts payable after more than one year | 17 | €14,693 | €22,243 | +€7,550 | +51.4% |
| Financial debts | 170/4 | €14,693 | €22,243 | +€7,550 | +51.4% |
| Amounts payable within one year | 42/48 | €85,230 | €169,089 | +€83,859 | +98.4% |
| Current portion of amounts payable after more than one year | 42 | €4,891 | €8,622 | +€3,732 | +76.3% |
| Trade debts | 44 | €59,003 | €96,822 | +€37,819 | +64.1% |
| Suppliers | 440/4 | €59,003 | €96,822 | +€37,819 | +64.1% |
| Advances received on contracts in progress | 46 | - | €3,230 | +€3,230 | |
| Taxes, remuneration and social security | 45 | €20,286 | €24,160 | +€3,874 | +19.1% |
| Taxes | 450/3 | €17,585 | €19,908 | +€2,323 | +13.2% |
| Remuneration and social security | 454/9 | €2,701 | €4,253 | +€1,551 | +57.4% |
| Other amounts payable | 47/48 | €1,050 | €36,254 | +€35,204 | +3,353% |
| Accrued charges and deferred income | 492/3 | €66,000 | €1,899 | -€64,101 | -97.1% |
| Non-recurring operating income | 76A | €0 | €194 | +€194 | |
| Remuneration, social security and pensions | 62 | €40,524 | €28,933 | -€11,591 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,396 | €9,666 | -€730 | -7.0% |
| Other operating charges | 640/8 | €9,100 | €8,507 | -€593 | -6.5% |
| Gross operating margin | 9900 | €91,476 | €4,383 | -€87,093 | -95.2% |
| Operating profit (loss) | 9901 | €31,455 | -€42,723 | -€74,179 | |
| Financial income | 75/76B | €2,961 | €534 | -€2,427 | -82.0% |
| Recurring financial income | 75 | €2,961 | €534 | -€2,427 | -82.0% |
| Financial charges | 65/66B | €5,758 | €7,720 | +€1,962 | +34.1% |
| Recurring financial charges | 65 | €5,758 | €7,720 | +€1,962 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | €28,658 | -€49,909 | -€78,567 | |
| Income taxes | 67/77 | €1,805 | €438 | -€1,367 | -75.7% |
| Profit (loss) for the period | 9904 | €26,853 | -€50,347 | -€77,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,853 | -€50,347 | -€77,200 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.