MOJO: 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.
MOJO
Largest movements
- Cash -€14,761
down €14,761 (-41.4%), from €35,614 to €20,853
mainly Debts after one year (-€40,000) and Trade debts (-€12,523)
- Tangible fixed assets -€9,524
down €9,524 (-40.3%), from €23,633 to €14,109
of which Other tangible fixed assets: -€6,399
- Receivables within one year -€1,486
down €1,486 (-5.9%), from €25,052 to €23,566
of which Other amounts receivable: -€14,472
- Debts after one year -€40,000
down €40,000 (-100.0%), from €40,000 to €0
- Other debts +€20,311
up €20,311 (+62.7%), from €32,416 to €52,726
- Trade debts -€12,523
down €12,523 (-76.5%), from €16,363 to €3,840
- Profit (loss) carried forward +€5,866
up €5,866 (+21.6%), from -€27,128 to -€21,261
- Gross operating margin +€24,095
up €24,095, from -€3,930 to €20,166
- Other operating charges +€2,765
up €2,765 (+231.0%), from €1,197 to €3,962
- Depreciation -€1,414
down €1,414 (-12.9%), from €10,938 to €9,524
- Financial charges -€382
down €382 (-31.2%), from €1,225 to €843
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 | €101,380 | €75,832 | -€25,548 | -25.2% |
| Fixed assets | 21/28 | €28,191 | €18,667 | -€9,524 | -33.8% |
| Tangible fixed assets | 22/27 | €23,633 | €14,109 | -€9,524 | -40.3% |
| Plant, machinery and equipment | 23 | €337 | €108 | -€229 | -68.0% |
| Furniture and vehicles | 24 | €6,555 | €3,659 | -€2,896 | -44.2% |
| Other tangible fixed assets | 26 | €16,741 | €10,342 | -€6,399 | -38.2% |
| Financial fixed assets | 28 | €4,558 | €4,558 | = | 0.0% |
| Current assets | 29/58 | €73,189 | €57,165 | -€16,024 | -21.9% |
| Stocks and contracts in progress | 3 | €12,250 | €11,707 | -€543 | -4.4% |
| Stocks | 30/36 | €12,250 | €11,707 | -€543 | -4.4% |
| Amounts receivable within one year | 40/41 | €25,052 | €23,566 | -€1,486 | -5.9% |
| Trade receivables | 40 | €3,354 | €16,340 | +€12,986 | +387.2% |
| Other amounts receivable | 41 | €21,699 | €7,226 | -€14,472 | -66.7% |
| Cash at bank and in hand | 54/58 | €35,614 | €20,853 | -€14,761 | -41.4% |
| Deferred charges and accrued income | 490/1 | €273 | €1,040 | +€766 | +280.6% |
| Total equity and liabilities | 10/49 | €101,380 | €75,832 | -€25,548 | -25.2% |
| Equity | 10/15 | -€8,528 | -€2,661 | +€5,866 | +68.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€27,128 | -€21,261 | +€5,866 | +21.6% |
| Amounts payable | 17/49 | €109,907 | €78,493 | -€31,414 | -28.6% |
| Amounts payable after more than one year | 17 | €40,000 | €0 | -€40,000 | -100.0% |
| Financial debts | 170/4 | €40,000 | €0 | -€40,000 | -100.0% |
| Amounts payable within one year | 42/48 | €69,907 | €78,493 | +€8,586 | +12.3% |
| Trade debts | 44 | €16,363 | €3,840 | -€12,523 | -76.5% |
| Suppliers | 440/4 | €16,363 | €3,840 | -€12,523 | -76.5% |
| Taxes, remuneration and social security | 45 | €21,129 | €21,927 | +€798 | +3.8% |
| Taxes | 450/3 | €21,129 | €21,927 | +€798 | +3.8% |
| Other amounts payable | 47/48 | €32,416 | €52,726 | +€20,311 | +62.7% |
| Non-recurring operating income | 76A | €331 | €0 | -€331 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,938 | €9,524 | -€1,414 | -12.9% |
| Other operating charges | 640/8 | €1,197 | €3,962 | +€2,765 | +231.0% |
| Gross operating margin | 9900 | -€3,930 | €20,166 | +€24,095 | |
| Operating profit (loss) | 9901 | -€16,065 | €6,679 | +€22,744 | |
| Financial income | 75/76B | €145 | €30 | -€115 | -79.3% |
| Recurring financial income | 75 | €145 | €30 | -€115 | -79.3% |
| Financial charges | 65/66B | €1,225 | €843 | -€382 | -31.2% |
| Recurring financial charges | 65 | €1,225 | €843 | -€382 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,145 | €5,866 | +€23,011 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€17,145 | €5,866 | +€23,011 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,145 | €5,866 | +€23,011 |
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 9 October 2026 via checked.be.