MOENS-VAN NUFFEL: 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 NUFFEL
Largest movements
- Receivables within one year -€11,717
no longer reported in 2025 (was €11,717)
- Tangible fixed assets -€11,032
down €11,032 (-18.3%), from €60,290 to €49,258
of which Furniture and vehicles: -€6,921
- Cash -€1,823
down €1,823 (-6.1%), from €30,095 to €28,272
mainly Net result for the year (-€19,180) and Current portion of long-term debt (-€5,264)
- Profit (loss) carried forward -€19,180
down €19,180 (-24.1%), from €79,713 to €60,533
- Current portion of long-term debt -€5,264
no longer reported in 2025 (was €5,264)
- Tax, wage and social debts -€1,233
down €1,233 (-53.2%), from €2,319 to €1,086
- Gross operating margin -€14,639
down €14,639, from €8,316 to -€6,323
- Other operating charges -€573
down €573 (-27.9%), from €2,051 to €1,478
- Taxes -€530
down €530 (-65.6%), from €808 to €278
- Depreciation -€172
down €172 (-1.5%), from €11,204 to €11,032
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 | €103,113 | €78,406 | -€24,707 | -24.0% |
| Fixed assets | 21/28 | €60,290 | €49,258 | -€11,032 | -18.3% |
| Tangible fixed assets | 22/27 | €60,290 | €49,258 | -€11,032 | -18.3% |
| Land and buildings | 22 | €39,074 | €39,074 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,486 | €4,375 | -€4,111 | -48.4% |
| Furniture and vehicles | 24 | €12,730 | €5,809 | -€6,921 | -54.4% |
| Current assets | 29/58 | €42,823 | €29,148 | -€13,675 | -31.9% |
| Amounts receivable within one year | 40/41 | €11,717 | - | -€11,717 | |
| Other amounts receivable | 41 | €11,717 | - | -€11,717 | |
| Cash at bank and in hand | 54/58 | €30,095 | €28,272 | -€1,823 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,011 | €876 | -€135 | -13.4% |
| Total equity and liabilities | 10/49 | €103,113 | €78,406 | -€24,707 | -24.0% |
| Equity | 10/15 | €87,769 | €68,589 | -€19,180 | -21.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,713 | €60,533 | -€19,180 | -24.1% |
| Amounts payable | 17/49 | €15,344 | €9,817 | -€5,527 | -36.0% |
| Amounts payable within one year | 42/48 | €14,081 | €8,552 | -€5,529 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €5,264 | - | -€5,264 | |
| Trade debts | 44 | €1,315 | €1,379 | +€64 | +4.9% |
| Suppliers | 440/4 | €1,315 | €1,379 | +€64 | +4.9% |
| Taxes, remuneration and social security | 45 | €2,319 | €1,086 | -€1,233 | -53.2% |
| Taxes | 450/3 | €2,319 | €1,086 | -€1,233 | -53.2% |
| Other amounts payable | 47/48 | €5,183 | €6,087 | +€904 | +17.4% |
| Accrued charges and deferred income | 492/3 | €1,263 | €1,265 | +€2 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,204 | €11,032 | -€172 | -1.5% |
| Other operating charges | 640/8 | €2,051 | €1,478 | -€573 | -27.9% |
| Gross operating margin | 9900 | €8,316 | -€6,323 | -€14,639 | |
| Operating profit (loss) | 9901 | -€4,939 | -€18,833 | -€13,894 | -281% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €113 | €70 | -€43 | -38.1% |
| Recurring financial charges | 65 | €113 | €70 | -€43 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,052 | -€18,902 | -€13,850 | -274% |
| Income taxes | 67/77 | €808 | €278 | -€530 | -65.6% |
| Profit (loss) for the period | 9904 | -€5,860 | -€19,180 | -€13,320 | -227% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,860 | -€19,180 | -€13,320 | -227% |
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 19 October 2026 via checked.be.