MOINIL and Co: 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.
MOINIL and Co
Largest movements
- Cash -€312,247
down €312,247 (-58.9%), from €529,879 to €217,632
mainly Other debts (-€245,894) and Current investments (-€216,477)
- Current investments +€216,477
up €216,477 (+17.8%), from €1.2m to €1.4m
- Tangible fixed assets -€132,998
down €132,998 (-6.7%), from €2.0m to €1.9m
- Reserves +€466,646
up €466,646 (+384%), from €121,386 to €588,032
of which Distributable reserves: +€479,792
- Profit (loss) carried forward -€386,489
no longer reported in 2025 (was €386,489)
- Other debts -€245,894
down €245,894 (-12.5%), from €2.0m to €1.7m
- Revaluation surpluses -€79,788
down €79,788 (-5.6%), from €1.4m to €1.4m
- Financial income -€163,348
down €163,348 (-62.1%), from €263,230 to €99,882
of which Non-recurring financial income: -€112,939
- Depreciation -€45,018
down €45,018 (-25.3%), from €178,016 to €132,998
- Financial charges -€42,343
down €42,343 (-42.9%), from €98,613 to €56,270
- Taxes +€25,733
up €25,733, from -€6,022 to €19,712
- Gross operating margin -€9,439
down €9,439 (-4.1%), from €230,772 to €221,333
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 | €4,320,755 | €4,089,300 | -€231,454 | -5.4% |
| Fixed assets | 21/28 | €2,168,998 | €2,036,000 | -€132,998 | -6.1% |
| Tangible fixed assets | 22/27 | €1,987,862 | €1,854,863 | -€132,998 | -6.7% |
| Land and buildings | 22 | €1,987,862 | €1,854,863 | -€132,998 | -6.7% |
| Financial fixed assets | 28 | €181,136 | €181,136 | = | 0.0% |
| Current assets | 29/58 | €2,151,757 | €2,053,300 | -€98,456 | -4.6% |
| Amounts receivable within one year | 40/41 | €406,418 | €403,732 | -€2,686 | -0.7% |
| Trade receivables | 40 | €60,090 | €44,856 | -€15,235 | -25.4% |
| Other amounts receivable | 41 | €346,328 | €358,877 | +€12,549 | +3.6% |
| Current investments | 50/53 | €1,215,459 | €1,431,936 | +€216,477 | +17.8% |
| Cash at bank and in hand | 54/58 | €529,879 | €217,632 | -€312,247 | -58.9% |
| Total equity and liabilities | 10/49 | €4,320,755 | €4,089,300 | -€231,454 | -5.4% |
| Equity | 10/15 | €2,199,059 | €2,199,428 | +€369 | 0.0% |
| Contributions | 10/11 | €255,000 | €255,000 | = | 0.0% |
| Capital | 10 | €255,000 | €255,000 | = | 0.0% |
| Issued capital | 100 | €255,000 | €255,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,436,184 | €1,356,396 | -€79,788 | -5.6% |
| Reserves | 13 | €121,386 | €588,032 | +€466,646 | +384% |
| Non-distributable reserves | 130/1 | €95,093 | €95,093 | = | 0.0% |
| Legal reserve | 130 | €95,093 | €95,093 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,293 | €13,147 | -€13,146 | -50.0% |
| Distributable reserves | 133 | - | €479,792 | +€479,792 | |
| Profit (loss) carried forward | 14 | €386,489 | - | -€386,489 | |
| Provisions and deferred taxes | 16 | €13,538 | €6,769 | -€6,769 | -50.0% |
| Deferred taxes | 168 | €13,538 | €6,769 | -€6,769 | -50.0% |
| Amounts payable | 17/49 | €2,108,158 | €1,883,104 | -€225,054 | -10.7% |
| Amounts payable after more than one year | 17 | €40,605 | €41,497 | +€892 | +2.2% |
| Other amounts payable | 178/9 | €40,605 | €41,497 | +€892 | +2.2% |
| Amounts payable within one year | 42/48 | €2,066,534 | €1,837,329 | -€229,205 | -11.1% |
| Trade debts | 44 | €15,670 | €19,253 | +€3,583 | +22.9% |
| Suppliers | 440/4 | €15,670 | €19,253 | +€3,583 | +22.9% |
| Taxes, remuneration and social security | 45 | €78,687 | €91,793 | +€13,106 | +16.7% |
| Taxes | 450/3 | €32,790 | €45,896 | +€13,106 | +40.0% |
| Remuneration and social security | 454/9 | €45,897 | €45,897 | = | 0.0% |
| Other amounts payable | 47/48 | €1,972,177 | €1,726,283 | -€245,894 | -12.5% |
| Accrued charges and deferred income | 492/3 | €1,019 | €4,277 | +€3,258 | +320% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,016 | €132,998 | -€45,018 | -25.3% |
| Other operating charges | 640/8 | €37,327 | €38,847 | +€1,520 | +4.1% |
| Gross operating margin | 9900 | €230,772 | €221,333 | -€9,439 | -4.1% |
| Operating profit (loss) | 9901 | €15,429 | €49,487 | +€34,059 | +221% |
| Financial income | 75/76B | €263,230 | €99,882 | -€163,348 | -62.1% |
| Recurring financial income | 75 | €150,291 | €99,882 | -€50,409 | -33.5% |
| Non-recurring financial income | 76B | €112,939 | - | -€112,939 | |
| Financial charges | 65/66B | €98,613 | €56,270 | -€42,343 | -42.9% |
| Recurring financial charges | 65 | €98,613 | €56,270 | -€42,343 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €180,045 | €93,099 | -€86,946 | -48.3% |
| Transfer from deferred taxes | 780 | €13,833 | €6,769 | -€7,064 | -51.1% |
| Income taxes | 67/77 | -€6,022 | €19,712 | +€25,733 | |
| Profit (loss) for the period | 9904 | €199,900 | €80,157 | -€119,744 | -59.9% |
| Transfer from tax-exempt reserves | 789 | €27,488 | €13,146 | -€14,342 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €227,388 | €93,303 | -€134,085 | -59.0% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.