MOISSE & PARTNERS: 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.
MOISSE & PARTNERS
Largest movements
- Receivables within one year +€92,822
up €92,822 (+360%), from €25,789 to €118,611
of which Trade receivables: +€85,152
- Deferred charges and accrued income -€36,458
down €36,458 (-47.7%), from €76,362 to €39,904
- Cash -€13,366
down €13,366 (-18.6%), from €71,865 to €58,499
mainly Receivables within one year (-€92,822) and Short-term financial debts (-€9,019)
- Tangible fixed assets -€11,973
down €11,973 (-89.7%), from €13,350 to €1,377
- Advances received +€24,200
new in 2025: €24,200
- Trade debts +€13,538
up €13,538 (+112%), from €12,038 to €25,576
- Short-term financial debts -€9,019
no longer reported in 2025 (was €9,019)
- Profit (loss) carried forward -€7,242
down €7,242 (-51.2%), from €14,132 to €6,889
- Other debts +€6,117
up €6,117 (+4.9%), from €123,634 to €129,751
- Gross operating margin +€55,383
up €55,383 (+82.9%), from €66,837 to €122,220
- Taxes +€39,358
up €39,358 (+1,197%), from €3,289 to €42,647
- Financial charges +€35,462
up €35,462 (+99.1%), from €35,797 to €71,260
- Other operating charges -€5,308
down €5,308 (-66.8%), from €7,944 to €2,636
- Depreciation -€5,124
down €5,124 (-27.9%), from €18,367 to €13,242
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 | €187,417 | €218,441 | +€31,024 | +16.6% |
| Fixed assets | 21/28 | €13,400 | €1,427 | -€11,973 | -89.4% |
| Tangible fixed assets | 22/27 | €13,350 | €1,377 | -€11,973 | -89.7% |
| Furniture and vehicles | 24 | €13,350 | €1,377 | -€11,973 | -89.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €174,017 | €217,014 | +€42,997 | +24.7% |
| Amounts receivable within one year | 40/41 | €25,789 | €118,611 | +€92,822 | +360% |
| Trade receivables | 40 | €2,035 | €87,187 | +€85,152 | +4,185% |
| Other amounts receivable | 41 | €23,754 | €31,424 | +€7,669 | +32.3% |
| Cash at bank and in hand | 54/58 | €71,865 | €58,499 | -€13,366 | -18.6% |
| Deferred charges and accrued income | 490/1 | €76,362 | €39,904 | -€36,458 | -47.7% |
| Total equity and liabilities | 10/49 | €187,417 | €218,441 | +€31,024 | +16.6% |
| Equity | 10/15 | €16,632 | €9,389 | -€7,242 | -43.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Share premium | 1100/10 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,132 | €6,889 | -€7,242 | -51.2% |
| Amounts payable | 17/49 | €170,785 | €209,052 | +€38,267 | +22.4% |
| Amounts payable after more than one year | 17 | €2,682 | - | -€2,682 | |
| Financial debts | 170/4 | €2,682 | - | -€2,682 | |
| Amounts payable within one year | 42/48 | €168,103 | €209,052 | +€40,949 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | - | €2,682 | +€2,682 | |
| Financial debts | 43 | €9,019 | - | -€9,019 | |
| Credit institutions | 430/8 | €9,019 | - | -€9,019 | |
| Trade debts | 44 | €12,038 | €25,576 | +€13,538 | +112% |
| Suppliers | 440/4 | €12,038 | €25,576 | +€13,538 | +112% |
| Advances received on contracts in progress | 46 | - | €24,200 | +€24,200 | |
| Taxes, remuneration and social security | 45 | €23,412 | €26,843 | +€3,431 | +14.7% |
| Taxes | 450/3 | €23,412 | €21,623 | -€1,789 | -7.6% |
| Remuneration and social security | 454/9 | - | €5,219 | +€5,219 | |
| Other amounts payable | 47/48 | €123,634 | €129,751 | +€6,117 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,367 | €13,242 | -€5,124 | -27.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €283 | +€283 | |
| Other operating charges | 640/8 | €7,944 | €2,636 | -€5,308 | -66.8% |
| Gross operating margin | 9900 | €66,837 | €122,220 | +€55,383 | +82.9% |
| Operating profit (loss) | 9901 | €40,527 | €106,059 | +€65,532 | +162% |
| Financial income | 75/76B | €30 | €605 | +€575 | +1,945% |
| Recurring financial income | 75 | €30 | €605 | +€575 | +1,945% |
| Financial charges | 65/66B | €35,797 | €71,260 | +€35,462 | +99.1% |
| Recurring financial charges | 65 | €35,797 | €71,260 | +€35,462 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | €4,759 | €35,404 | +€30,645 | +644% |
| Income taxes | 67/77 | €3,289 | €42,647 | +€39,358 | +1,197% |
| Profit (loss) for the period | 9904 | €1,470 | -€7,242 | -€8,712 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,470 | -€7,242 | -€8,712 |
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 13 October 2026 via checked.be.