MOGO: what changed
Two fiscal 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.
MOGO
Largest movements
- Stocks and contracts +€14,159
up €14,159 (+125.3%), from €11,299 to €25,457
- Cash +€11,721
up €11,721 (+16.4%), from €71,599 to €83,320
mainly Net result for the year (+€21,861) and Other debts (+€12,867)
- Tangible fixed assets +€11,399
up €11,399 (+37.5%), from €30,400 to €41,799
- Financial fixed assets +€7,150
new in 2025: €7,150
- Receivables within one year -€5,977
down €5,977 (-30.3%), from €19,752 to €13,775
of which Trade receivables: -€6,248
- Profit (loss) carried forward +€21,861
up €21,861 (+32.3%), from €67,759 to €89,620
- Other debts +€12,867
up €12,867 (+27.0%), from €47,588 to €60,455
- Trade debts +€6,636
up €6,636 (+144.6%), from €4,589 to €11,225
- Advances received -€5,982
no longer reported in 2025 (was €5,982)
- Accrued charges and deferred income +€3,766
new in 2025: €3,766
- Gross operating margin -€30,213
down €30,213 (-22.7%), from €132,814 to €102,601
- Staff costs +€14,319
up €14,319 (+40.0%), from €35,767 to €50,086
- Taxes -€10,583
down €10,583 (-65.5%), from €16,169 to €5,586
- Other operating charges +€6,484
up €6,484 (+546.5%), from €1,187 to €7,671
- Financial charges +€3,763
up €3,763 (+70.2%), from €5,363 to €9,126
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 | €136,342 | €179,430 | +€43,088 | +31.6% |
| Fixed assets | 21/28 | €30,400 | €48,949 | +€18,549 | +61.0% |
| Tangible fixed assets | 22/27 | €30,400 | €41,799 | +€11,399 | +37.5% |
| Plant, machinery and equipment | 23 | €3,776 | €5,213 | +€1,437 | +38.1% |
| Furniture and vehicles | 24 | €8,301 | €12,770 | +€4,469 | +53.8% |
| Other tangible fixed assets | 26 | €18,323 | €23,816 | +€5,493 | +30.0% |
| Financial fixed assets | 28 | - | €7,150 | +€7,150 | |
| Current assets | 29/58 | €105,942 | €130,481 | +€24,539 | +23.2% |
| Stocks and contracts in progress | 3 | €11,299 | €25,457 | +€14,159 | +125.3% |
| Stocks | 30/36 | €11,299 | €25,457 | +€14,159 | +125.3% |
| Amounts receivable within one year | 40/41 | €19,752 | €13,775 | -€5,977 | -30.3% |
| Trade receivables | 40 | €10,474 | €4,226 | -€6,248 | -59.7% |
| Other amounts receivable | 41 | €9,278 | €9,549 | +€271 | +2.9% |
| Cash at bank and in hand | 54/58 | €71,599 | €83,320 | +€11,721 | +16.4% |
| Deferred charges and accrued income | 490/1 | €3,293 | €7,929 | +€4,637 | +140.8% |
| Total equity and liabilities | 10/49 | €136,342 | €179,430 | +€43,088 | +31.6% |
| Equity | 10/15 | €71,759 | €93,620 | +€21,861 | +30.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,759 | €89,620 | +€21,861 | +32.3% |
| Amounts payable | 17/49 | €64,583 | €85,810 | +€21,227 | +32.9% |
| Amounts payable within one year | 42/48 | €64,583 | €82,044 | +€17,461 | +27.0% |
| Financial debts | 43 | €3,784 | €4,310 | +€526 | +13.9% |
| Credit institutions | 430/8 | €3,784 | €4,310 | +€526 | +13.9% |
| Trade debts | 44 | €4,589 | €11,225 | +€6,636 | +144.6% |
| Suppliers | 440/4 | €4,589 | €11,225 | +€6,636 | +144.6% |
| Advances received on contracts in progress | 46 | €5,982 | - | -€5,982 | |
| Taxes, remuneration and social security | 45 | €2,639 | €6,054 | +€3,415 | +129.4% |
| Taxes | 450/3 | €169 | €1,175 | +€1,007 | +597.1% |
| Remuneration and social security | 454/9 | €2,471 | €4,879 | +€2,408 | +97.5% |
| Other amounts payable | 47/48 | €47,588 | €60,455 | +€12,867 | +27.0% |
| Accrued charges and deferred income | 492/3 | - | €3,766 | +€3,766 | |
| Remuneration, social security and pensions | 62 | €35,767 | €50,086 | +€14,319 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,570 | €8,272 | -€1,298 | -13.6% |
| Other operating charges | 640/8 | €1,187 | €7,671 | +€6,484 | +546.5% |
| Gross operating margin | 9900 | €132,814 | €102,601 | -€30,213 | -22.7% |
| Operating profit (loss) | 9901 | €86,291 | €36,573 | -€49,718 | -57.6% |
| Financial income | 75/76B | €3,000 | €0 | -€3,000 | -100.0% |
| Recurring financial income | 75 | €3,000 | €0 | -€3,000 | -100.0% |
| Non-recurring financial income | 76B | €3,000 | - | -€3,000 | |
| Financial charges | 65/66B | €5,363 | €9,126 | +€3,763 | +70.2% |
| Recurring financial charges | 65 | €5,363 | €9,126 | +€3,763 | +70.2% |
| Profit (loss) for the period before taxes | 9903 | €83,928 | €27,447 | -€56,481 | -67.3% |
| Income taxes | 67/77 | €16,169 | €5,586 | -€10,583 | -65.5% |
| Profit (loss) for the period | 9904 | €67,759 | €21,861 | -€45,899 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,759 | €21,861 | -€45,899 | -67.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.