MOEZENIER: 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.
MOEZENIER
Largest movements
- Cash -€3,398
down €3,398 (-89.6%), from €3,791 to €393
mainly Debts after one year (-€5,000) and Current portion of long-term debt (-€5,000)
- Reserves +€5,881
up €5,881 (+2.7%), from €221,565 to €227,446
- Debts after one year -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Current portion of long-term debt -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Gross operating margin +€2,842
up €2,842 (+39.0%), from €7,282 to €10,124
- Taxes +€1,008
up €1,008 (+57.3%), from €1,758 to €2,766
- Financial charges -€160
down €160 (-29.0%), from €551 to €391
- Other operating charges -€119
down €119 (-9.9%), from €1,205 to €1,086
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 | €277,012 | €273,642 | -€3,370 | -1.2% |
| Fixed assets | 21/28 | €273,116 | €273,116 | = | 0.0% |
| Tangible fixed assets | 22/27 | €273,116 | €273,116 | = | 0.0% |
| Land and buildings | 22 | €273,116 | €273,116 | = | 0.0% |
| Current assets | 29/58 | €3,896 | €526 | -€3,370 | -86.5% |
| Amounts receivable within one year | 40/41 | €105 | €24 | -€81 | -77.1% |
| Other amounts receivable | 41 | €105 | €24 | -€81 | -77.1% |
| Cash at bank and in hand | 54/58 | €3,791 | €393 | -€3,398 | -89.6% |
| Deferred charges and accrued income | 490/1 | - | €109 | +€109 | |
| Total equity and liabilities | 10/49 | €277,012 | €273,642 | -€3,370 | -1.2% |
| Equity | 10/15 | €251,082 | €256,963 | +€5,881 | +2.3% |
| Contributions | 10/11 | €29,517 | €29,517 | = | 0.0% |
| Reserves | 13 | €221,565 | €227,446 | +€5,881 | +2.7% |
| Distributable reserves | 133 | €221,565 | €227,446 | +€5,881 | +2.7% |
| Amounts payable | 17/49 | €25,930 | €16,679 | -€9,251 | -35.7% |
| Amounts payable after more than one year | 17 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Other amounts payable | 178/9 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Amounts payable within one year | 42/48 | €10,430 | €6,679 | -€3,751 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Trade debts | 44 | €141 | - | -€141 | |
| Suppliers | 440/4 | €141 | - | -€141 | |
| Taxes, remuneration and social security | 45 | - | €1,250 | +€1,250 | |
| Taxes | 450/3 | - | €1,250 | +€1,250 | |
| Other amounts payable | 47/48 | €289 | €429 | +€140 | +48.4% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Other operating charges | 640/8 | €1,205 | €1,086 | -€119 | -9.9% |
| Gross operating margin | 9900 | €7,282 | €10,124 | +€2,842 | +39.0% |
| Operating profit (loss) | 9901 | €6,077 | €9,038 | +€2,961 | +48.7% |
| Financial charges | 65/66B | €551 | €391 | -€160 | -29.0% |
| Recurring financial charges | 65 | €551 | €391 | -€160 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €5,526 | €8,647 | +€3,121 | +56.5% |
| Income taxes | 67/77 | €1,758 | €2,766 | +€1,008 | +57.3% |
| Profit (loss) for the period | 9904 | €3,768 | €5,881 | +€2,113 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,768 | €5,881 | +€2,113 | +56.1% |
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 20 October 2026 via checked.be.