MOIOLI: 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.
MOIOLI
Largest movements
- Receivables after one year -€45,568
down €45,568 (-14.0%), from €325,603 to €280,035
- Cash +€27,437
up €27,437 (+204.9%), from €13,388 to €40,825
mainly Receivables after one year (+€45,568) and Net result for the year (+€30,493)
- Current portion of long-term debt -€31,102
down €31,102 (-65.1%), from €47,800 to €16,698
- Debts after one year -€25,090
down €25,090 (-7.6%), from €330,483 to €305,393
of which Financial debts: -€25,090
- Profit (loss) carried forward +€22,779
up €22,779 (+9.7%), from €235,121 to €257,900
- Tax, wage and social debts +€11,856
up €11,856 (+243.2%), from €4,874 to €16,731
- Gross operating margin +€23,304
up €23,304 (+62.0%), from €37,585 to €60,889
- Taxes +€12,098
up €12,098 (+314.9%), from €3,842 to €15,940
- Other operating charges -€8,264
no longer reported in 2025 (was €8,264)
- Financial income -€4,208
down €4,208 (-54.7%), from €7,699 to €3,491
- Depreciation -€1,233
down €1,233 (-17.6%), from €7,017 to €5,784
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 | €1,029,550 | €998,684 | -€30,866 | -3.0% |
| Fixed assets | 21/28 | €625,905 | €621,466 | -€4,439 | -0.7% |
| Tangible fixed assets | 22/27 | €24,905 | €20,466 | -€4,439 | -17.8% |
| Land and buildings | 22 | €9,952 | €9,531 | -€421 | -4.2% |
| Plant, machinery and equipment | 23 | €435 | €1,257 | +€822 | +188.7% |
| Furniture and vehicles | 24 | €14,518 | €9,678 | -€4,839 | -33.3% |
| Financial fixed assets | 28 | €601,000 | €601,000 | = | 0.0% |
| Current assets | 29/58 | €403,645 | €377,218 | -€26,427 | -6.5% |
| Amounts receivable after more than one year | 29 | €325,603 | €280,035 | -€45,568 | -14.0% |
| Other amounts receivable | 291 | €325,603 | €280,035 | -€45,568 | -14.0% |
| Amounts receivable within one year | 40/41 | €63,671 | €55,374 | -€8,296 | -13.0% |
| Other amounts receivable | 41 | €63,671 | €55,374 | -€8,296 | -13.0% |
| Current investments | 50/53 | €984 | €984 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,388 | €40,825 | +€27,437 | +204.9% |
| Total equity and liabilities | 10/49 | €1,029,550 | €998,684 | -€30,866 | -3.0% |
| Equity | 10/15 | €449,381 | €472,160 | +€22,779 | +5.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €201,860 | €201,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,121 | €257,900 | +€22,779 | +9.7% |
| Provisions and deferred taxes | 16 | €179,726 | €169,848 | -€9,878 | -5.5% |
| Provisions for liabilities and charges | 160/5 | €179,726 | €169,848 | -€9,878 | -5.5% |
| Environmental obligations | 163 | €179,726 | €169,848 | -€9,878 | -5.5% |
| Amounts payable | 17/49 | €400,443 | €356,677 | -€43,766 | -10.9% |
| Amounts payable after more than one year | 17 | €330,483 | €305,393 | -€25,090 | -7.6% |
| Financial debts | 170/4 | €305,483 | €280,393 | -€25,090 | -8.2% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,961 | €50,235 | -€19,726 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €47,800 | €16,698 | -€31,102 | -65.1% |
| Trade debts | 44 | €1,400 | €93 | -€1,307 | -93.4% |
| Suppliers | 440/4 | €1,400 | €93 | -€1,307 | -93.4% |
| Advances received on contracts in progress | 46 | €2,650 | €2,650 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,874 | €16,731 | +€11,856 | +243.2% |
| Taxes | 450/3 | €4,874 | €16,731 | +€11,856 | +243.2% |
| Other amounts payable | 47/48 | €13,236 | €14,064 | +€828 | +6.3% |
| Accrued charges and deferred income | 492/3 | - | €1,050 | +€1,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,017 | €5,784 | -€1,233 | -17.6% |
| Other operating charges | 640/8 | €8,264 | - | -€8,264 | |
| Gross operating margin | 9900 | €37,585 | €60,889 | +€23,304 | +62.0% |
| Operating profit (loss) | 9901 | €22,304 | €55,105 | +€32,801 | +147.1% |
| Financial income | 75/76B | €7,699 | €3,491 | -€4,208 | -54.7% |
| Recurring financial income | 75 | €7,699 | €3,491 | -€4,208 | -54.7% |
| Financial charges | 65/66B | €12,674 | €12,164 | -€511 | -4.0% |
| Recurring financial charges | 65 | €12,674 | €12,164 | -€511 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €17,329 | €46,433 | +€29,104 | +167.9% |
| Income taxes | 67/77 | €3,842 | €15,940 | +€12,098 | +314.9% |
| Profit (loss) for the period | 9904 | €13,487 | €30,493 | +€17,006 | +126.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,487 | €30,493 | +€17,006 | +126.1% |
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 12 October 2026 via checked.be.