MOKABO: 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.
MOKABO
Largest movements
- Receivables within one year -€19,113
down €19,113 (-44.6%), from €42,883 to €23,770
of which Other amounts receivable: -€16,754
- Tangible fixed assets -€777
down €777 (-89.1%), from €872 to €95
of which Other tangible fixed assets: -€519
- Stocks and contracts -€670
down €670 (-53.6%), from €1,250 to €580
- Profit (loss) carried forward -€19,801
down €19,801 (-19.2%), from -€103,127 to -€122,928
- Short-term financial debts +€1,550
up €1,550 (+45.7%), from €3,391 to €4,941
- Current portion of long-term debt -€1,283
down €1,283 (-66.0%), from €1,944 to €661
- Trade debts -€724
down €724 (-6.1%), from €11,921 to €11,198
- Debts after one year -€495
no longer reported in 2025 (was €495)
- Gross operating margin -€19,595
down €19,595, from €6,259 to -€13,336
- Financial income -€2,316
down €2,316 (-96.6%), from €2,398 to €81
- Depreciation -€1,479
down €1,479 (-65.6%), from €2,256 to €777
- Other operating charges -€441
down €441 (-19.4%), from €2,278 to €1,836
- Financial charges +€412
up €412 (+12.8%), from €3,215 to €3,627
of which Financial charges: +€1,924
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 | €46,500 | €25,755 | -€20,745 | -44.6% |
| Fixed assets | 21/28 | €1,824 | €1,047 | -€777 | -42.6% |
| Tangible fixed assets | 22/27 | €872 | €95 | -€777 | -89.1% |
| Plant, machinery and equipment | 23 | €353 | €95 | -€258 | -73.1% |
| Other tangible fixed assets | 26 | €519 | €0 | -€519 | -100% |
| Financial fixed assets | 28 | €952 | €952 | = | 0.0% |
| Current assets | 29/58 | €44,677 | €24,709 | -€19,968 | -44.7% |
| Stocks and contracts in progress | 3 | €1,250 | €580 | -€670 | -53.6% |
| Stocks | 30/36 | €1,250 | €580 | -€670 | -53.6% |
| Amounts receivable within one year | 40/41 | €42,883 | €23,770 | -€19,113 | -44.6% |
| Trade receivables | 40 | €2,359 | - | -€2,359 | |
| Other amounts receivable | 41 | €40,524 | €23,770 | -€16,754 | -41.3% |
| Cash at bank and in hand | 54/58 | €300 | €150 | -€151 | -50.1% |
| Deferred charges and accrued income | 490/1 | €243 | €209 | -€34 | -14.2% |
| Total equity and liabilities | 10/49 | €46,500 | €25,755 | -€20,745 | -44.6% |
| Equity | 10/15 | €27,016 | €7,214 | -€19,801 | -73.3% |
| Contributions | 10/11 | €130,142 | €130,142 | = | 0.0% |
| Capital | 10 | €130,142 | €130,142 | = | 0.0% |
| Issued capital | 100 | €130,142 | €130,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,127 | -€122,928 | -€19,801 | -19.2% |
| Amounts payable | 17/49 | €19,485 | €18,541 | -€943 | -4.8% |
| Amounts payable after more than one year | 17 | €495 | - | -€495 | |
| Financial debts | 170/4 | €495 | - | -€495 | |
| Amounts payable within one year | 42/48 | €18,990 | €18,541 | -€448 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €1,944 | €661 | -€1,283 | -66.0% |
| Financial debts | 43 | €3,391 | €4,941 | +€1,550 | +45.7% |
| Credit institutions | 430/8 | €3,391 | €4,941 | +€1,550 | +45.7% |
| Trade debts | 44 | €11,921 | €11,198 | -€724 | -6.1% |
| Suppliers | 440/4 | €11,921 | €11,198 | -€724 | -6.1% |
| Taxes, remuneration and social security | 45 | €1,733 | €1,742 | +€8 | +0.5% |
| Taxes | 450/3 | €1,733 | €1,742 | +€8 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,256 | €777 | -€1,479 | -65.6% |
| Other operating charges | 640/8 | €2,278 | €1,836 | -€441 | -19.4% |
| Gross operating margin | 9900 | €6,259 | -€13,336 | -€19,595 | |
| Operating profit (loss) | 9901 | €1,726 | -€15,949 | -€17,675 | |
| Financial income | 75/76B | €2,398 | €81 | -€2,316 | -96.6% |
| Recurring financial income | 75 | €2,398 | €81 | -€2,316 | -96.6% |
| Financial charges | 65/66B | €3,215 | €3,627 | +€412 | +12.8% |
| Recurring financial charges | 65 | €1,703 | €3,627 | +€1,924 | +113% |
| Non-recurring financial charges | 66B | €1,512 | - | -€1,512 | |
| Profit (loss) for the period before taxes | 9903 | €908 | -€19,494 | -€20,403 | |
| Income taxes | 67/77 | - | €307 | +€307 | |
| Profit (loss) for the period | 9904 | €908 | -€19,801 | -€20,710 | |
| Profit (loss) for the period to be appropriated | 9905 | €908 | -€19,801 | -€20,710 |
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.