MOGADIS: 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.
MOGADIS
Largest movements
- Receivables within one year +€28,612
up €28,612 (+259.3%), from €11,035 to €39,646
of which Other amounts receivable: +€14,600
- Cash +€1,848
up €1,848 (+846.8%), from €218 to €2,066
mainly Net result for the year (+€59,382) and Depreciation (+€2,548)
- Tangible fixed assets -€1,005
down €1,005 (-17.2%), from €5,828 to €4,823
of which Furniture and vehicles: -€776
- Profit (loss) carried forward +€29,382
up €29,382 (+12.5%), from -€235,515 to -€206,134
- Tax, wage and social debts +€1,121
up €1,121 (+24.6%), from €4,561 to €5,682
- Trade debts -€557
down €557 (-32.3%), from €1,728 to €1,170
- Gross operating margin -€170,181
down €170,181 (-72.3%), from €235,271 to €65,089
- Turnover +€26,640
up €26,640 (+37.5%), from €70,962 to €97,602
- Purchases and services -€8,433
down €8,433 (-20.6%), from €40,945 to €32,513
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 | €21,167 | €50,718 | +€29,552 | +139.6% |
| Fixed assets | 21/28 | €5,828 | €4,823 | -€1,005 | -17.2% |
| Tangible fixed assets | 22/27 | €5,828 | €4,823 | -€1,005 | -17.2% |
| Plant, machinery and equipment | 23 | €3,847 | €3,618 | -€229 | -6.0% |
| Furniture and vehicles | 24 | €1,981 | €1,205 | -€776 | -39.2% |
| Current assets | 29/58 | €15,339 | €45,896 | +€30,557 | +199.2% |
| Stocks and contracts in progress | 3 | €3,200 | €3,200 | = | 0.0% |
| Stocks | 30/36 | €3,200 | €3,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,035 | €39,646 | +€28,612 | +259.3% |
| Trade receivables | 40 | - | €14,012 | +€14,012 | |
| Other amounts receivable | 41 | €11,035 | €25,635 | +€14,600 | +132.3% |
| Cash at bank and in hand | 54/58 | €218 | €2,066 | +€1,848 | +846.8% |
| Deferred charges and accrued income | 490/1 | €886 | €983 | +€98 | +11.0% |
| Total equity and liabilities | 10/49 | €21,167 | €50,718 | +€29,552 | +139.6% |
| Equity | 10/15 | €14,485 | €43,866 | +€29,382 | +202.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€235,515 | -€206,134 | +€29,382 | +12.5% |
| Amounts payable | 17/49 | €6,682 | €6,852 | +€170 | +2.5% |
| Amounts payable within one year | 42/48 | €6,288 | €6,852 | +€564 | +9.0% |
| Trade debts | 44 | €1,728 | €1,170 | -€557 | -32.3% |
| Suppliers | 440/4 | €1,728 | €1,170 | -€557 | -32.3% |
| Taxes, remuneration and social security | 45 | €4,561 | €5,682 | +€1,121 | +24.6% |
| Taxes | 450/3 | €4,561 | €5,682 | +€1,121 | +24.6% |
| Accrued charges and deferred income | 492/3 | €394 | - | -€394 | |
| Turnover | 70 | €70,962 | €97,602 | +€26,640 | +37.5% |
| Non-recurring operating income | 76A | €205,254 | - | -€205,254 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,945 | €32,513 | -€8,433 | -20.6% |
| Remuneration, social security and pensions | 62 | €1,555 | €2,288 | +€734 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,798 | €2,548 | -€250 | -8.9% |
| Other operating charges | 640/8 | €2,111 | €666 | -€1,445 | -68.4% |
| Gross operating margin | 9900 | €235,271 | €65,089 | -€170,181 | -72.3% |
| Operating profit (loss) | 9901 | €228,807 | €59,587 | -€169,220 | -74.0% |
| Financial charges | 65/66B | €137 | €40 | -€97 | -70.6% |
| Recurring financial charges | 65 | €137 | €40 | -€97 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | €228,670 | €59,547 | -€169,124 | -74.0% |
| Income taxes | 67/77 | - | €165 | +€165 | |
| Profit (loss) for the period | 9904 | €228,670 | €59,382 | -€169,289 | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €228,670 | €59,382 | -€169,289 | -74.0% |
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 10 October 2026 via checked.be.