MofP: 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.
MofP
Largest movements
- Cash -€15,285
down €15,285 (-15.1%), from €101,088 to €85,804
mainly Debts after one year (-€10,883) and Investment in fixed assets (net) (-€9,022)
- Receivables within one year +€7,726
up €7,726 (+10,643%), from €73 to €7,799
- Tangible fixed assets -€3,657
down €3,657 (-2.2%), from €165,287 to €161,630
of which Land and buildings: -€10,755
- Debts after one year -€10,883
down €10,883 (-10.7%), from €101,922 to €91,040
- Gross operating margin +€20,957
up €20,957, from -€5,047 to €15,910
- Depreciation +€1,704
up €1,704 (+15.5%), from €10,976 to €12,680
- Financial charges -€201
down €201 (-12.1%), from €1,669 to €1,468
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 | €266,716 | €255,500 | -€11,216 | -4.2% |
| Fixed assets | 21/28 | €165,287 | €161,630 | -€3,657 | -2.2% |
| Tangible fixed assets | 22/27 | €165,287 | €161,630 | -€3,657 | -2.2% |
| Land and buildings | 22 | €164,573 | €153,819 | -€10,755 | -6.5% |
| Furniture and vehicles | 24 | €714 | €7,811 | +€7,097 | +994% |
| Current assets | 29/58 | €101,429 | €93,870 | -€7,559 | -7.5% |
| Amounts receivable within one year | 40/41 | €73 | €7,799 | +€7,726 | +10,643% |
| Other amounts receivable | 41 | €73 | €7,799 | +€7,726 | +10,643% |
| Current investments | 50/53 | €268 | €268 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €101,088 | €85,804 | -€15,285 | -15.1% |
| Total equity and liabilities | 10/49 | €266,716 | €255,500 | -€11,216 | -4.2% |
| Equity | 10/15 | €134,512 | €133,106 | -€1,406 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,912 | €114,506 | -€1,406 | -1.2% |
| Distributable reserves | 133 | €115,912 | €114,506 | -€1,406 | -1.2% |
| Amounts payable | 17/49 | €132,204 | €122,394 | -€9,810 | -7.4% |
| Amounts payable after more than one year | 17 | €101,922 | €91,040 | -€10,883 | -10.7% |
| Financial debts | 170/4 | €101,922 | €91,040 | -€10,883 | -10.7% |
| Amounts payable within one year | 42/48 | €23,282 | €25,715 | +€2,433 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €10,776 | €10,883 | +€107 | +1.0% |
| Trade debts | 44 | €913 | €1,316 | +€403 | +44.1% |
| Suppliers | 440/4 | €913 | €1,316 | +€403 | +44.1% |
| Taxes, remuneration and social security | 45 | €9,003 | €10,701 | +€1,698 | +18.9% |
| Taxes | 450/3 | €512 | €512 | = | 0.0% |
| Remuneration and social security | 454/9 | €8,492 | €10,190 | +€1,698 | +20.0% |
| Other amounts payable | 47/48 | €2,590 | €2,814 | +€224 | +8.7% |
| Accrued charges and deferred income | 492/3 | €7,000 | €5,640 | -€1,360 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,976 | €12,680 | +€1,704 | +15.5% |
| Other operating charges | 640/8 | €2,564 | €2,677 | +€114 | +4.4% |
| Gross operating margin | 9900 | -€5,047 | €15,910 | +€20,957 | |
| Operating profit (loss) | 9901 | -€18,586 | €553 | +€19,140 | |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €1,669 | €1,468 | -€201 | -12.1% |
| Recurring financial charges | 65 | €1,669 | €1,468 | -€201 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,238 | -€914 | +€19,324 | +95.5% |
| Income taxes | 67/77 | €512 | €492 | -€20 | -3.9% |
| Profit (loss) for the period | 9904 | -€20,750 | -€1,406 | +€19,344 | +93.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,750 | -€1,406 | +€19,344 | +93.2% |
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.