MOITRI: 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.
MOITRI
Largest movements
- Receivables within one year +€189,891
up €189,891 (+67.7%), from €280,504 to €470,394
of which Trade receivables: +€186,500
- Cash +€7,309
up €7,309 (+10.1%), from €72,599 to €79,908
mainly Other debts (+€110,722) and Tax, wage and social debts (+€46,643)
- Other debts +€110,722
up €110,722 (+101.0%), from €109,647 to €220,369
- Tax, wage and social debts +€46,643
up €46,643 (+480.5%), from €9,708 to €56,350
of which Remuneration and social security: +€47,414
- Trade debts +€29,911
up €29,911 (+12.2%), from €244,670 to €274,581
- Gross operating margin +€32,178
up €32,178 (+32.8%), from €98,217 to €130,395
- Staff costs +€7,749
up €7,749 (+8.6%), from €90,275 to €98,025
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 | €421,805 | €613,746 | +€191,941 | +45.5% |
| Fixed assets | 21/28 | €43,799 | €40,639 | -€3,160 | -7.2% |
| Intangible fixed assets | 21 | €22,854 | €19,804 | -€3,050 | -13.3% |
| Tangible fixed assets | 22/27 | €220 | €110 | -€110 | -50.0% |
| Other tangible fixed assets | 26 | €220 | €110 | -€110 | -50.0% |
| Financial fixed assets | 28 | €20,725 | €20,725 | = | 0.0% |
| Current assets | 29/58 | €378,006 | €573,107 | +€195,101 | +51.6% |
| Stocks and contracts in progress | 3 | €23,301 | €21,578 | -€1,723 | -7.4% |
| Stocks | 30/36 | €23,301 | €21,578 | -€1,723 | -7.4% |
| Amounts receivable within one year | 40/41 | €280,504 | €470,394 | +€189,891 | +67.7% |
| Trade receivables | 40 | €279,647 | €466,147 | +€186,500 | +66.7% |
| Other amounts receivable | 41 | €857 | €4,247 | +€3,390 | +395.7% |
| Cash at bank and in hand | 54/58 | €72,599 | €79,908 | +€7,309 | +10.1% |
| Deferred charges and accrued income | 490/1 | €1,602 | €1,226 | -€375 | -23.4% |
| Total equity and liabilities | 10/49 | €421,805 | €613,746 | +€191,941 | +45.5% |
| Equity | 10/15 | €57,781 | €62,446 | +€4,665 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €37,321 | €41,986 | +€4,665 | +12.5% |
| Amounts payable | 17/49 | €364,024 | €551,300 | +€187,276 | +51.4% |
| Amounts payable within one year | 42/48 | €364,024 | €551,300 | +€187,276 | +51.4% |
| Trade debts | 44 | €244,670 | €274,581 | +€29,911 | +12.2% |
| Suppliers | 440/4 | €244,670 | €274,581 | +€29,911 | +12.2% |
| Taxes, remuneration and social security | 45 | €9,708 | €56,350 | +€46,643 | +480.5% |
| Taxes | 450/3 | €963 | €192 | -€771 | -80.1% |
| Remuneration and social security | 454/9 | €8,745 | €56,159 | +€47,414 | +542.2% |
| Other amounts payable | 47/48 | €109,647 | €220,369 | +€110,722 | +101.0% |
| Remuneration, social security and pensions | 62 | €90,275 | €98,025 | +€7,749 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,160 | €3,160 | = | 0.0% |
| Other operating charges | 640/8 | €8,570 | €8,972 | +€402 | +4.7% |
| Non-recurring operating charges | 66A | - | €7,251 | +€7,251 | |
| Gross operating margin | 9900 | €98,217 | €130,395 | +€32,178 | +32.8% |
| Operating profit (loss) | 9901 | -€3,789 | €12,988 | +€16,776 | |
| Financial income | 75/76B | €160 | €62 | -€98 | -61.2% |
| Recurring financial income | 75 | €160 | €62 | -€98 | -61.2% |
| Financial charges | 65/66B | €8,222 | €8,757 | +€535 | +6.5% |
| Recurring financial charges | 65 | €8,222 | €8,757 | +€535 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,851 | €4,293 | +€16,144 | |
| Income taxes | 67/77 | €301 | -€372 | -€673 | |
| Profit (loss) for the period | 9904 | -€12,152 | €4,665 | +€16,817 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,152 | €4,665 | +€16,817 |
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 3 October 2026 via checked.be.