Mogador: 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.
Mogador
Largest movements
- Deferred charges and accrued income +€15,781
new in 2025: €15,781
- Cash -€15,240
down €15,240 (-71.1%), from €21,438 to €6,198
mainly Deferred charges and accrued income (-€15,781) and Net result for the year (-€15,750)
- Receivables within one year -€3,804
no longer reported in 2025 (was €3,804)
- Tangible fixed assets -€2,317
down €2,317 (-3.1%), from €75,695 to €73,378
- Profit (loss) carried forward -€15,750
down €15,750 (-12.7%), from -€123,740 to -€139,490
- Trade debts +€10,170
up €10,170 (+333%), from €3,050 to €13,220
- Gross operating margin +€5,538
up €5,538 (+49.8%), from -€11,121 to -€5,583
- Depreciation +€2,317
new in 2025: €2,317
- Other operating charges +€140
up €140 (+1.9%), from €7,556 to €7,696
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 | €100,937 | €95,357 | -€5,580 | -5.5% |
| Fixed assets | 21/28 | €75,695 | €73,378 | -€2,317 | -3.1% |
| Tangible fixed assets | 22/27 | €75,695 | €73,378 | -€2,317 | -3.1% |
| Land and buildings | 22 | €75,695 | €73,378 | -€2,317 | -3.1% |
| Current assets | 29/58 | €25,242 | €21,979 | -€3,263 | -12.9% |
| Amounts receivable within one year | 40/41 | €3,804 | - | -€3,804 | |
| Other amounts receivable | 41 | €3,804 | - | -€3,804 | |
| Cash at bank and in hand | 54/58 | €21,438 | €6,198 | -€15,240 | -71.1% |
| Deferred charges and accrued income | 490/1 | - | €15,781 | +€15,781 | |
| Total equity and liabilities | 10/49 | €100,937 | €95,357 | -€5,580 | -5.5% |
| Equity | 10/15 | €97,887 | €82,137 | -€15,750 | -16.1% |
| Contributions | 10/11 | €216,907 | €216,907 | = | 0.0% |
| Capital | 10 | €216,907 | €216,907 | = | 0.0% |
| Issued capital | 100 | €216,907 | €216,907 | = | 0.0% |
| Reserves | 13 | €4,720 | €4,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,720 | €4,720 | = | 0.0% |
| Legal reserve | 130 | €4,720 | €4,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,740 | -€139,490 | -€15,750 | -12.7% |
| Amounts payable | 17/49 | €3,050 | €13,220 | +€10,170 | +333% |
| Amounts payable within one year | 42/48 | €3,050 | €13,220 | +€10,170 | +333% |
| Trade debts | 44 | €3,050 | €13,220 | +€10,170 | +333% |
| Suppliers | 440/4 | €3,050 | €13,220 | +€10,170 | +333% |
| Non-recurring operating income | 76A | €5,572 | - | -€5,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,317 | +€2,317 | |
| Other operating charges | 640/8 | €7,556 | €7,696 | +€140 | +1.9% |
| Gross operating margin | 9900 | -€11,121 | -€5,583 | +€5,538 | +49.8% |
| Operating profit (loss) | 9901 | -€18,677 | -€15,596 | +€3,081 | +16.5% |
| Financial charges | 65/66B | €180 | €154 | -€26 | -14.4% |
| Recurring financial charges | 65 | €180 | €154 | -€26 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,857 | -€15,750 | +€3,107 | +16.5% |
| Profit (loss) for the period | 9904 | -€18,857 | -€15,750 | +€3,107 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,857 | -€15,750 | +€3,107 | +16.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.