MOHIO: 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.
MOHIO
Largest movements
- Cash -€13,218
down €13,218 (-65.5%), from €20,179 to €6,961
mainly Investment in fixed assets (net) (-€23,200) and Debts after one year (-€8,573)
- Intangible fixed assets +€11,190
new in 2025: €11,190
- Receivables within one year -€8,341
down €8,341 (-28.0%), from €29,830 to €21,489
of which Trade receivables: -€9,294
- Tangible fixed assets -€3,700
down €3,700 (-8.6%), from €42,937 to €39,238
- Debts after one year -€8,573
down €8,573 (-21.8%), from €39,356 to €30,784
- Trade debts -€5,607
down €5,607 (-45.7%), from €12,281 to €6,674
- Profit (loss) carried forward +€4,169
up €4,169 (+10.0%), from -€41,773 to -€37,604
- Current portion of long-term debt -€2,925
down €2,925 (-25.4%), from €11,498 to €8,573
- Other debts -€2,804
down €2,804 (-4.7%), from €59,308 to €56,504
- Financial charges -€30,561
down €30,561 (-85.6%), from €35,693 to €5,132
- Gross operating margin -€18,367
down €18,367 (-41.8%), from €43,970 to €25,603
- Depreciation +€2,318
up €2,318 (+17.3%), from €13,392 to €15,710
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 | €97,958 | €84,278 | -€13,680 | -14.0% |
| Fixed assets | 21/28 | €42,937 | €50,427 | +€7,490 | +17.4% |
| Intangible fixed assets | 21 | - | €11,190 | +€11,190 | |
| Tangible fixed assets | 22/27 | €42,937 | €39,238 | -€3,700 | -8.6% |
| Furniture and vehicles | 24 | €42,937 | €39,238 | -€3,700 | -8.6% |
| Current assets | 29/58 | €55,021 | €33,850 | -€21,170 | -38.5% |
| Amounts receivable within one year | 40/41 | €29,830 | €21,489 | -€8,341 | -28.0% |
| Trade receivables | 40 | €22,507 | €13,212 | -€9,294 | -41.3% |
| Other amounts receivable | 41 | €7,323 | €8,277 | +€954 | +13.0% |
| Cash at bank and in hand | 54/58 | €20,179 | €6,961 | -€13,218 | -65.5% |
| Deferred charges and accrued income | 490/1 | €5,011 | €5,400 | +€388 | +7.7% |
| Total equity and liabilities | 10/49 | €97,958 | €84,278 | -€13,680 | -14.0% |
| Equity | 10/15 | -€26,773 | -€22,604 | +€4,169 | +15.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,773 | -€37,604 | +€4,169 | +10.0% |
| Amounts payable | 17/49 | €124,731 | €106,882 | -€17,849 | -14.3% |
| Amounts payable after more than one year | 17 | €39,356 | €30,784 | -€8,573 | -21.8% |
| Financial debts | 170/4 | €39,356 | €30,784 | -€8,573 | -21.8% |
| Amounts payable within one year | 42/48 | €85,374 | €76,098 | -€9,277 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €11,498 | €8,573 | -€2,925 | -25.4% |
| Trade debts | 44 | €12,281 | €6,674 | -€5,607 | -45.7% |
| Suppliers | 440/4 | €12,281 | €6,674 | -€5,607 | -45.7% |
| Taxes, remuneration and social security | 45 | €2,287 | €4,347 | +€2,060 | +90.1% |
| Taxes | 450/3 | €2,269 | €4,347 | +€2,078 | +91.6% |
| Remuneration and social security | 454/9 | €18 | €0 | -€18 | -100.0% |
| Other amounts payable | 47/48 | €59,308 | €56,504 | -€2,804 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,392 | €15,710 | +€2,318 | +17.3% |
| Other operating charges | 640/8 | €898 | €592 | -€306 | -34.1% |
| Gross operating margin | 9900 | €43,970 | €25,603 | -€18,367 | -41.8% |
| Operating profit (loss) | 9901 | €29,680 | €9,301 | -€20,379 | -68.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €35,693 | €5,132 | -€30,561 | -85.6% |
| Recurring financial charges | 65 | €35,693 | €5,132 | -€30,561 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,013 | €4,169 | +€10,182 | |
| Income taxes | 67/77 | €223 | €0 | -€223 | -100.0% |
| Profit (loss) for the period | 9904 | -€6,236 | €4,169 | +€10,405 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,236 | €4,169 | +€10,405 |
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 28 September 2026 via checked.be.