MOGRES: 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.
MOGRES
Largest movements
- Receivables within one year +€6,155
up €6,155 (+13.7%), from €45,004 to €51,159
of which Other amounts receivable: +€4,713
- Cash +€5,312
up €5,312 (+14.3%), from €37,137 to €42,450
mainly Provisions (+€44,041) and Net result for the year (+€15,978)
- Provisions +€44,041
new in 2025: €44,041
- Other debts -€24,329
down €24,329 (-37.1%), from €65,567 to €41,238
- Tax, wage and social debts -€6,533
down €6,533 (-41.1%), from €15,877 to €9,344
- Trade debts -€1,912
down €1,912 (-36.2%), from €5,279 to €3,367
- Provisions +€44,041
new in 2025: €44,041
- Gross operating margin -€6,583
down €6,583 (-7.5%), from €87,759 to €81,176
- Taxes -€1,260
down €1,260 (-6.9%), from €18,336 to €17,076
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 | €87,805 | €98,990 | +€11,185 | +12.7% |
| Fixed assets | 21/28 | €3,326 | €2,393 | -€933 | -28.1% |
| Tangible fixed assets | 22/27 | €3,326 | €2,393 | -€933 | -28.1% |
| Plant, machinery and equipment | 23 | €2,728 | €2,378 | -€350 | -12.8% |
| Furniture and vehicles | 24 | €598 | €15 | -€583 | -97.6% |
| Current assets | 29/58 | €84,479 | €96,598 | +€12,119 | +14.3% |
| Amounts receivable within one year | 40/41 | €45,004 | €51,159 | +€6,155 | +13.7% |
| Trade receivables | 40 | €35,128 | €36,571 | +€1,443 | +4.1% |
| Other amounts receivable | 41 | €9,875 | €14,588 | +€4,713 | +47.7% |
| Cash at bank and in hand | 54/58 | €37,137 | €42,450 | +€5,312 | +14.3% |
| Deferred charges and accrued income | 490/1 | €2,338 | €2,989 | +€651 | +27.8% |
| Total equity and liabilities | 10/49 | €87,805 | €98,990 | +€11,185 | +12.7% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €44,041 | +€44,041 | |
| Provisions for liabilities and charges | 160/5 | - | €44,041 | +€44,041 | |
| Other liabilities and charges | 164/5 | - | €44,041 | +€44,041 | |
| Amounts payable | 17/49 | €86,805 | €53,949 | -€32,856 | -37.9% |
| Amounts payable within one year | 42/48 | €86,805 | €53,949 | -€32,856 | -37.9% |
| Financial debts | 43 | €82 | €0 | -€82 | -100% |
| Credit institutions | 430/8 | €82 | €0 | -€82 | -100% |
| Trade debts | 44 | €5,279 | €3,367 | -€1,912 | -36.2% |
| Suppliers | 440/4 | €5,279 | €3,367 | -€1,912 | -36.2% |
| Taxes, remuneration and social security | 45 | €15,877 | €9,344 | -€6,533 | -41.1% |
| Taxes | 450/3 | €15,877 | €9,344 | -€6,533 | -41.1% |
| Other amounts payable | 47/48 | €65,567 | €41,238 | -€24,329 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €933 | €933 | +€0 | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €44,041 | +€44,041 | |
| Other operating charges | 640/8 | €658 | €546 | -€112 | -17.1% |
| Gross operating margin | 9900 | €87,759 | €81,176 | -€6,583 | -7.5% |
| Operating profit (loss) | 9901 | €86,168 | €35,656 | -€50,512 | -58.6% |
| Financial income | 75/76B | €130 | €0 | -€130 | -100.0% |
| Recurring financial income | 75 | €130 | €0 | -€130 | -100.0% |
| Financial charges | 65/66B | €2,394 | €2,603 | +€208 | +8.7% |
| Recurring financial charges | 65 | €2,394 | €2,603 | +€208 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €83,903 | €33,054 | -€50,849 | -60.6% |
| Income taxes | 67/77 | €18,336 | €17,076 | -€1,260 | -6.9% |
| Profit (loss) for the period | 9904 | €65,567 | €15,978 | -€49,589 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,567 | €15,978 | -€49,589 | -75.6% |
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 29 October 2026 via checked.be.