MOEYS-BTS: 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.
MOEYS-BTS
Largest movements
- Cash -€443,370
down €443,370 (-79.7%), from €556,602 to €113,233
mainly Other debts (-€195,077) and Current investments (-€180,000)
- Current investments +€180,000
new in 2025: €180,000
- Receivables within one year +€25,359
up €25,359 (+40.1%), from €63,301 to €88,660
of which Other amounts receivable: +€22,401
- Other debts -€195,077
down €195,077 (-89.8%), from €217,215 to €22,138
- Profit (loss) carried forward -€48,753
down €48,753, from €21,951 to -€26,802
- Trade debts +€9,822
up €9,822 (+141%), from €6,946 to €16,767
- Gross operating margin -€197,466
down €197,466 (-38.8%), from €508,621 to €311,155
- Staff costs -€58,753
down €58,753 (-14.6%), from €402,410 to €343,657
- Taxes -€25,256
down €25,256 (-99.6%), from €25,369 to €113
- Financial charges -€7,758
down €7,758 (-52.5%), from €14,791 to €7,033
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 | €685,900 | €446,226 | -€239,675 | -34.9% |
| Fixed assets | 21/28 | €61,973 | €61,973 | = | 0.0% |
| Tangible fixed assets | 22/27 | €61,973 | €61,973 | = | 0.0% |
| Land and buildings | 22 | €61,973 | €61,973 | = | 0.0% |
| Current assets | 29/58 | €623,927 | €384,252 | -€239,675 | -38.4% |
| Amounts receivable within one year | 40/41 | €63,301 | €88,660 | +€25,359 | +40.1% |
| Trade receivables | 40 | €59,048 | €62,006 | +€2,957 | +5.0% |
| Other amounts receivable | 41 | €4,252 | €26,654 | +€22,401 | +527% |
| Current investments | 50/53 | - | €180,000 | +€180,000 | |
| Cash at bank and in hand | 54/58 | €556,602 | €113,233 | -€443,370 | -79.7% |
| Deferred charges and accrued income | 490/1 | €4,024 | €2,360 | -€1,664 | -41.3% |
| Total equity and liabilities | 10/49 | €685,900 | €446,226 | -€239,675 | -34.9% |
| Equity | 10/15 | €167,060 | €118,307 | -€48,753 | -29.2% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €107,925 | €107,925 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €99,249 | €99,249 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,951 | -€26,802 | -€48,753 | |
| Amounts payable | 17/49 | €518,840 | €327,918 | -€190,922 | -36.8% |
| Amounts payable after more than one year | 17 | €243,000 | €243,000 | = | 0.0% |
| Financial debts | 170/4 | €243,000 | - | -€243,000 | |
| Other amounts payable | 178/9 | - | €243,000 | +€243,000 | |
| Amounts payable within one year | 42/48 | €275,840 | €84,918 | -€190,922 | -69.2% |
| Trade debts | 44 | €6,946 | €16,767 | +€9,822 | +141% |
| Suppliers | 440/4 | €6,946 | €16,767 | +€9,822 | +141% |
| Taxes, remuneration and social security | 45 | €51,680 | €46,013 | -€5,667 | -11.0% |
| Taxes | 450/3 | €14,806 | €12,479 | -€2,327 | -15.7% |
| Remuneration and social security | 454/9 | €36,874 | €33,534 | -€3,339 | -9.1% |
| Other amounts payable | 47/48 | €217,215 | €22,138 | -€195,077 | -89.8% |
| Remuneration, social security and pensions | 62 | €402,410 | €343,657 | -€58,753 | -14.6% |
| Other operating charges | 640/8 | €10,521 | €11,654 | +€1,134 | +10.8% |
| Gross operating margin | 9900 | €508,621 | €311,155 | -€197,466 | -38.8% |
| Operating profit (loss) | 9901 | €95,691 | -€44,157 | -€139,847 | |
| Financial income | 75/76B | €6,124 | €2,549 | -€3,575 | -58.4% |
| Recurring financial income | 75 | €6,124 | €2,549 | -€3,575 | -58.4% |
| Financial charges | 65/66B | €14,791 | €7,033 | -€7,758 | -52.5% |
| Recurring financial charges | 65 | €14,791 | €7,033 | -€7,758 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €87,024 | -€48,640 | -€135,664 | |
| Income taxes | 67/77 | €25,369 | €113 | -€25,256 | -99.6% |
| Profit (loss) for the period | 9904 | €61,655 | -€48,753 | -€110,408 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,655 | -€48,753 | -€110,408 |
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 18 October 2026 via checked.be.