MOJO: 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.
MOJO
Largest movements
- Cash +€11,278
up €11,278 (+206.7%), from €5,457 to €16,735
mainly Depreciation (+€10,049) and Net result for the year (+€9,887)
- Tangible fixed assets -€10,049
down €10,049 (-26.5%), from €37,912 to €27,863
of which Plant, machinery and equipment: -€9,448
- Receivables within one year +€1,554
up €1,554 (+360.5%), from €431 to €1,986
of which Trade receivables: +€1,777
- Profit (loss) carried forward +€9,887
up €9,887 (+10.1%), from -€98,117 to -€88,229
- Debts after one year -€8,316
down €8,316 (-19.0%), from €43,737 to €35,421
- Tax, wage and social debts +€7,659
up €7,659 (+44.2%), from €17,341 to €25,000
of which Remuneration and social security: +€4,871
- Other debts -€3,543
down €3,543 (-16.6%), from €21,397 to €17,854
- Trade debts -€2,200
down €2,200 (-16.3%), from €13,482 to €11,281
- Gross operating margin +€21,788
up €21,788 (+23.0%), from €94,688 to €116,476
- Staff costs +€17,495
up €17,495 (+23.1%), from €75,851 to €93,346
- Depreciation -€3,199
down €3,199 (-24.1%), from €13,247 to €10,049
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 | €51,041 | €54,010 | +€2,970 | +5.8% |
| Fixed assets | 21/28 | €37,912 | €27,863 | -€10,049 | -26.5% |
| Tangible fixed assets | 22/27 | €37,912 | €27,863 | -€10,049 | -26.5% |
| Plant, machinery and equipment | 23 | €37,209 | €27,761 | -€9,448 | -25.4% |
| Furniture and vehicles | 24 | €703 | €102 | -€601 | -85.5% |
| Current assets | 29/58 | €13,128 | €26,147 | +€13,019 | +99.2% |
| Stocks and contracts in progress | 3 | €6,368 | €6,314 | -€54 | -0.8% |
| Stocks | 30/36 | €6,368 | €6,314 | -€54 | -0.8% |
| Amounts receivable within one year | 40/41 | €431 | €1,986 | +€1,554 | +360.5% |
| Trade receivables | 40 | €189 | €1,966 | +€1,777 | +941.2% |
| Other amounts receivable | 41 | €242 | €20 | -€223 | -91.9% |
| Cash at bank and in hand | 54/58 | €5,457 | €16,735 | +€11,278 | +206.7% |
| Deferred charges and accrued income | 490/1 | €872 | €1,113 | +€240 | +27.5% |
| Total equity and liabilities | 10/49 | €51,041 | €54,010 | +€2,970 | +5.8% |
| Equity | 10/15 | -€54,525 | -€44,637 | +€9,887 | +18.1% |
| Contributions | 10/11 | €43,592 | €43,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,117 | -€88,229 | +€9,887 | +10.1% |
| Amounts payable | 17/49 | €105,565 | €98,648 | -€6,918 | -6.6% |
| Amounts payable after more than one year | 17 | €43,737 | €35,421 | -€8,316 | -19.0% |
| Financial debts | 170/4 | €43,737 | €35,421 | -€8,316 | -19.0% |
| Amounts payable within one year | 42/48 | €61,052 | €62,451 | +€1,398 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €8,111 | €8,316 | +€205 | +2.5% |
| Financial debts | 43 | €722 | €0 | -€722 | -100.0% |
| Credit institutions | 430/8 | €722 | €0 | -€722 | -100.0% |
| Trade debts | 44 | €13,482 | €11,281 | -€2,200 | -16.3% |
| Suppliers | 440/4 | €13,482 | €11,281 | -€2,200 | -16.3% |
| Taxes, remuneration and social security | 45 | €17,341 | €25,000 | +€7,659 | +44.2% |
| Taxes | 450/3 | €6,953 | €9,741 | +€2,788 | +40.1% |
| Remuneration and social security | 454/9 | €10,388 | €15,258 | +€4,871 | +46.9% |
| Other amounts payable | 47/48 | €21,397 | €17,854 | -€3,543 | -16.6% |
| Accrued charges and deferred income | 492/3 | €776 | €776 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €75,851 | €93,346 | +€17,495 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,247 | €10,049 | -€3,199 | -24.1% |
| Other operating charges | 640/8 | €1,238 | €1,281 | +€43 | +3.5% |
| Gross operating margin | 9900 | €94,688 | €116,476 | +€21,788 | +23.0% |
| Operating profit (loss) | 9901 | €4,352 | €11,800 | +€7,449 | +171.2% |
| Financial income | 75/76B | €40 | €7 | -€33 | -82.3% |
| Recurring financial income | 75 | €40 | €7 | -€33 | -82.3% |
| Financial charges | 65/66B | €1,933 | €1,692 | -€241 | -12.5% |
| Recurring financial charges | 65 | €1,933 | €1,692 | -€241 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €2,459 | €10,116 | +€7,657 | +311.4% |
| Income taxes | 67/77 | €206 | €229 | +€23 | +11.2% |
| Profit (loss) for the period | 9904 | €2,253 | €9,887 | +€7,634 | +338.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,253 | €9,887 | +€7,634 | +338.8% |
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.