MoHa: 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.
MoHa
Largest movements
- Tangible fixed assets -€104,793
down €104,793 (-3.2%), from €3.2m to €3.1m
- Debts after one year -€148,736
down €148,736 (-5.1%), from €2.9m to €2.8m
of which Financial debts: -€148,736
- Gross operating margin -€180,203
down €180,203 (-41.5%), from €434,548 to €254,345
- Financial charges -€45,890
down €45,890 (-27.5%), from €166,917 to €121,027
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 | €3,286,500 | €3,176,409 | -€110,091 | -3.3% |
| Fixed assets | 21/28 | €3,249,475 | €3,144,682 | -€104,793 | -3.2% |
| Tangible fixed assets | 22/27 | €3,249,475 | €3,144,682 | -€104,793 | -3.2% |
| Land and buildings | 22 | €3,249,475 | €3,144,682 | -€104,793 | -3.2% |
| Current assets | 29/58 | €37,025 | €31,727 | -€5,298 | -14.3% |
| Cash at bank and in hand | 54/58 | €37,025 | €31,727 | -€5,298 | -14.3% |
| Total equity and liabilities | 10/49 | €3,286,500 | €3,176,409 | -€110,091 | -3.3% |
| Equity | 10/15 | -€333,527 | -€326,626 | +€6,901 | +2.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€395,027 | -€388,126 | +€6,901 | +1.7% |
| Amounts payable | 17/49 | €3,620,027 | €3,503,035 | -€116,992 | -3.2% |
| Amounts payable after more than one year | 17 | €2,941,850 | €2,793,114 | -€148,736 | -5.1% |
| Financial debts | 170/4 | €2,896,850 | €2,748,114 | -€148,736 | -5.1% |
| Other amounts payable | 178/9 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €672,265 | €688,423 | +€16,158 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €30,419 | €35,700 | +€5,281 | +17.4% |
| Trade debts | 44 | €4,455 | €1,392 | -€3,063 | -68.8% |
| Suppliers | 440/4 | €4,455 | €1,392 | -€3,063 | -68.8% |
| Other amounts payable | 47/48 | €637,391 | €651,331 | +€13,940 | +2.2% |
| Accrued charges and deferred income | 492/3 | €5,912 | €21,498 | +€15,586 | +263.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,793 | €104,793 | = | 0.0% |
| Other operating charges | 640/8 | €21,840 | €21,624 | -€216 | -1.0% |
| Gross operating margin | 9900 | €434,548 | €254,345 | -€180,203 | -41.5% |
| Operating profit (loss) | 9901 | €307,915 | €127,928 | -€179,987 | -58.5% |
| Financial charges | 65/66B | €166,917 | €121,027 | -€45,890 | -27.5% |
| Recurring financial charges | 65 | €166,917 | €121,027 | -€45,890 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €140,998 | €6,901 | -€134,097 | -95.1% |
| Profit (loss) for the period | 9904 | €140,998 | €6,901 | -€134,097 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €140,998 | €6,901 | -€134,097 | -95.1% |
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 7 October 2026 via checked.be.