Moka Optic: 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.
Moka Optic
Largest movements
- Stocks and contracts +€40,048
up €40,048 (+12.8%), from €312,770 to €352,818
- Tangible fixed assets -€12,167
down €12,167 (-20.5%), from €59,347 to €47,180
of which Plant, machinery and equipment: -€10,299
- Receivables within one year +€6,754
up €6,754 (+167%), from €4,039 to €10,793
of which Trade receivables: +€4,291
- Profit (loss) carried forward +€62,651
up €62,651 (+50.8%), from €123,428 to €186,079
- Trade debts -€19,827
down €19,827 (-18.8%), from €105,318 to €85,491
- Debts after one year -€7,375
down €7,375 (-9.9%), from €74,446 to €67,071
- Gross operating margin +€45,756
up €45,756 (+25.8%), from €177,204 to €222,959
- Staff costs -€14,471
down €14,471 (-11.5%), from €125,914 to €111,443
- Taxes +€14,189
up €14,189 (+136%), from €10,416 to €24,605
- Write-downs +€4,281
up €4,281 (+37.7%), from €11,361 to €15,643
- Financial income +€3,977
up €3,977 (+153%), from €2,600 to €6,577
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 | €425,542 | €464,971 | +€39,430 | +9.3% |
| Fixed assets | 21/28 | €62,067 | €49,900 | -€12,167 | -19.6% |
| Tangible fixed assets | 22/27 | €59,347 | €47,180 | -€12,167 | -20.5% |
| Plant, machinery and equipment | 23 | €52,079 | €41,780 | -€10,299 | -19.8% |
| Furniture and vehicles | 24 | €7,268 | €5,400 | -€1,868 | -25.7% |
| Financial fixed assets | 28 | €2,720 | €2,720 | = | 0.0% |
| Current assets | 29/58 | €363,474 | €415,071 | +€51,597 | +14.2% |
| Stocks and contracts in progress | 3 | €312,770 | €352,818 | +€40,048 | +12.8% |
| Stocks | 30/36 | €312,770 | €352,818 | +€40,048 | +12.8% |
| Amounts receivable within one year | 40/41 | €4,039 | €10,793 | +€6,754 | +167% |
| Trade receivables | 40 | €4,039 | €8,330 | +€4,291 | +106% |
| Other amounts receivable | 41 | - | €2,463 | +€2,463 | |
| Cash at bank and in hand | 54/58 | €45,113 | €49,270 | +€4,157 | +9.2% |
| Deferred charges and accrued income | 490/1 | €1,553 | €2,191 | +€638 | +41.1% |
| Total equity and liabilities | 10/49 | €425,542 | €464,971 | +€39,430 | +9.3% |
| Equity | 10/15 | €197,888 | €260,539 | +€62,651 | +31.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,860 | €55,860 | = | 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% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €37,000 | €37,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,428 | €186,079 | +€62,651 | +50.8% |
| Amounts payable | 17/49 | €227,654 | €204,432 | -€23,222 | -10.2% |
| Amounts payable after more than one year | 17 | €74,446 | €67,071 | -€7,375 | -9.9% |
| Other amounts payable | 178/9 | €74,446 | €67,071 | -€7,375 | -9.9% |
| Amounts payable within one year | 42/48 | €153,208 | €137,361 | -€15,847 | -10.3% |
| Trade debts | 44 | €105,318 | €85,491 | -€19,827 | -18.8% |
| Suppliers | 440/4 | €105,318 | €85,491 | -€19,827 | -18.8% |
| Taxes, remuneration and social security | 45 | €47,890 | €51,870 | +€3,980 | +8.3% |
| Taxes | 450/3 | €32,262 | €41,248 | +€8,986 | +27.9% |
| Remuneration and social security | 454/9 | €15,629 | €10,623 | -€5,006 | -32.0% |
| Remuneration, social security and pensions | 62 | €125,914 | €111,443 | -€14,471 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,381 | €14,992 | +€1,611 | +12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,361 | €15,643 | +€4,281 | +37.7% |
| Other operating charges | 640/8 | €117 | €202 | +€85 | +72.4% |
| Gross operating margin | 9900 | €177,204 | €222,959 | +€45,756 | +25.8% |
| Operating profit (loss) | 9901 | €26,430 | €80,680 | +€54,250 | +205% |
| Financial income | 75/76B | €2,600 | €6,577 | +€3,977 | +153% |
| Recurring financial income | 75 | €2,600 | €6,577 | +€3,977 | +153% |
| Financial charges | 65/66B | €1,466 | - | -€1,466 | |
| Recurring financial charges | 65 | €1,466 | - | -€1,466 | |
| Profit (loss) for the period before taxes | 9903 | €27,563 | €87,257 | +€59,693 | +217% |
| Income taxes | 67/77 | €10,416 | €24,605 | +€14,189 | +136% |
| Profit (loss) for the period | 9904 | €17,147 | €62,651 | +€45,504 | +265% |
| Profit (loss) for the period to be appropriated | 9905 | €17,147 | €62,651 | +€45,504 | +265% |
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 20 October 2026 via checked.be.