MOKATURC: 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.
MOKATURC
Largest movements
- Cash -€48,714
down €48,714 (-17.6%), from €277,214 to €228,500
mainly Net result for the year (-€55,953) and Trade debts (-€30,141)
- Receivables within one year -€27,986
down €27,986 (-22.2%), from €126,322 to €98,336
of which Trade receivables: -€40,730
- Stocks and contracts -€27,536
down €27,536 (-44.8%), from €61,506 to €33,970
- Profit (loss) carried forward -€55,953
down €55,953 (-33.2%), from €168,498 to €112,545
- Trade debts -€30,141
down €30,141 (-26.9%), from €112,030 to €81,889
- Tax, wage and social debts -€18,251
down €18,251 (-70.4%), from €25,943 to €7,692
of which Remuneration and social security: -€12,945
- Gross operating margin -€36,905
down €36,905, from €31,522 to -€5,383
- Staff costs +€1,127
up €1,127 (+2.3%), from €48,251 to €49,378
- Write-downs -€876
no longer reported in 2025 (was €876)
- Other operating charges +€601
up €601 (+167%), from €360 to €961
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 | €468,943 | €364,600 | -€104,343 | -22.3% |
| Fixed assets | 21/28 | €3,901 | €3,793 | -€108 | -2.8% |
| Tangible fixed assets | 22/27 | €108 | - | -€108 | |
| Plant, machinery and equipment | 23 | €108 | - | -€108 | |
| Financial fixed assets | 28 | €3,793 | €3,793 | +€0 | 0.0% |
| Current assets | 29/58 | €465,042 | €360,807 | -€104,235 | -22.4% |
| Stocks and contracts in progress | 3 | €61,506 | €33,970 | -€27,536 | -44.8% |
| Stocks | 30/36 | €61,506 | €33,970 | -€27,536 | -44.8% |
| Amounts receivable within one year | 40/41 | €126,322 | €98,336 | -€27,986 | -22.2% |
| Trade receivables | 40 | €94,929 | €54,199 | -€40,730 | -42.9% |
| Other amounts receivable | 41 | €31,393 | €44,137 | +€12,744 | +40.6% |
| Current investments | 50/53 | €1 | €1 | +€0 | +38.9% |
| Cash at bank and in hand | 54/58 | €277,214 | €228,500 | -€48,714 | -17.6% |
| Total equity and liabilities | 10/49 | €468,943 | €364,600 | -€104,343 | -22.3% |
| Equity | 10/15 | €320,256 | €264,304 | -€55,952 | -17.5% |
| Contributions | 10/11 | €105,625 | €105,625 | = | 0.0% |
| Capital | 10 | €105,625 | €105,625 | = | 0.0% |
| Issued capital | 100 | €105,625 | €105,625 | = | 0.0% |
| Reserves | 13 | €46,133 | €46,134 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €10,563 | €10,563 | +€1 | 0.0% |
| Legal reserve | 130 | €10,563 | €10,563 | +€1 | 0.0% |
| Distributable reserves | 133 | €35,571 | €35,571 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €168,498 | €112,545 | -€55,953 | -33.2% |
| Amounts payable | 17/49 | €148,687 | €100,296 | -€48,391 | -32.5% |
| Amounts payable within one year | 42/48 | €148,687 | €100,296 | -€48,391 | -32.5% |
| Trade debts | 44 | €112,030 | €81,889 | -€30,141 | -26.9% |
| Suppliers | 440/4 | €112,030 | €81,889 | -€30,141 | -26.9% |
| Taxes, remuneration and social security | 45 | €25,943 | €7,692 | -€18,251 | -70.4% |
| Taxes | 450/3 | €5,306 | - | -€5,306 | |
| Remuneration and social security | 454/9 | €20,637 | €7,692 | -€12,945 | -62.7% |
| Other amounts payable | 47/48 | €10,715 | €10,715 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €48,251 | €49,378 | +€1,127 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €108 | +€108 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €876 | - | -€876 | |
| Other operating charges | 640/8 | €360 | €961 | +€601 | +167% |
| Non-recurring operating charges | 66A | - | €40 | +€40 | |
| Gross operating margin | 9900 | €31,522 | -€5,383 | -€36,905 | |
| Operating profit (loss) | 9901 | -€17,966 | -€55,870 | -€37,904 | -211% |
| Financial charges | 65/66B | €298 | €83 | -€215 | -72.1% |
| Recurring financial charges | 65 | €57 | €83 | +€26 | +44.7% |
| Non-recurring financial charges | 66B | €240 | - | -€240 | |
| Profit (loss) for the period before taxes | 9903 | -€18,264 | -€55,953 | -€37,689 | -206% |
| Profit (loss) for the period | 9904 | -€18,264 | -€55,953 | -€37,689 | -206% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,264 | -€55,953 | -€37,689 | -206% |
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 23 October 2026 via checked.be.