Moerman Haaike: 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.
Moerman Haaike
Largest movements
- Cash -€26,432
down €26,432 (-25.0%), from €105,587 to €79,155
mainly Contributions, distributions and other (-€94,802) and Tax, wage and social debts (-€4,696)
- Deferred charges and accrued income -€1,515
down €1,515 (-21.1%), from €7,197 to €5,681
- Reserves -€43,072
down €43,072 (-45.4%), from €94,802 to €51,730
- Other debts +€20,565
up €20,565 (+235.4%), from €8,737 to €29,302
- Tax, wage and social debts -€4,696
down €4,696 (-86.5%), from €5,432 to €736
- Gross operating margin +€1,475
up €1,475 (+2.2%), from €66,911 to €68,386
- Financial charges -€945
down €945 (-61.1%), from €1,549 to €603
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 | €112,783 | €84,836 | -€27,948 | -24.8% |
| Current assets | 29/58 | €112,783 | €84,836 | -€27,948 | -24.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €105,587 | €79,155 | -€26,432 | -25.0% |
| Deferred charges and accrued income | 490/1 | €7,197 | €5,681 | -€1,515 | -21.1% |
| Total equity and liabilities | 10/49 | €112,783 | €84,836 | -€27,948 | -24.8% |
| Equity | 10/15 | €97,802 | €54,730 | -€43,072 | -44.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €94,802 | €51,730 | -€43,072 | -45.4% |
| Distributable reserves | 133 | €94,802 | €51,730 | -€43,072 | -45.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,981 | €30,105 | +€15,124 | +101.0% |
| Amounts payable within one year | 42/48 | €14,378 | €30,105 | +€15,728 | +109.4% |
| Trade debts | 44 | €209 | €68 | -€141 | -67.5% |
| Suppliers | 440/4 | €209 | €68 | -€141 | -67.5% |
| Taxes, remuneration and social security | 45 | €5,432 | €736 | -€4,696 | -86.5% |
| Taxes | 450/3 | €5,432 | €736 | -€4,696 | -86.5% |
| Other amounts payable | 47/48 | €8,737 | €29,302 | +€20,565 | +235.4% |
| Accrued charges and deferred income | 492/3 | €603 | €0 | -€603 | -100.0% |
| Other operating charges | 640/8 | €1,691 | €1,633 | -€58 | -3.4% |
| Gross operating margin | 9900 | €66,911 | €68,386 | +€1,475 | +2.2% |
| Operating profit (loss) | 9901 | €65,220 | €66,753 | +€1,533 | +2.4% |
| Financial income | 75/76B | - | €92 | +€92 | |
| Recurring financial income | 75 | - | €92 | +€92 | |
| Financial charges | 65/66B | €1,549 | €603 | -€945 | -61.1% |
| Recurring financial charges | 65 | €1,549 | €603 | -€945 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €63,671 | €66,241 | +€2,570 | +4.0% |
| Income taxes | 67/77 | €14,042 | €14,511 | +€469 | +3.3% |
| Profit (loss) for the period | 9904 | €49,630 | €51,730 | +€2,101 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,630 | €51,730 | +€2,101 | +4.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.