MOKE: 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.
MOKE
Largest movements
- Tangible fixed assets -€41,447
down €41,447 (-47.2%), from €87,752 to €46,305
of which Furniture and vehicles: -€38,141
- Receivables within one year +€17,250
up €17,250 (+4486.0%), from €385 to €17,635
of which Trade receivables: +€17,250
- Cash +€5,512
up €5,512 (+61.2%), from €9,001 to €14,513
mainly Investment in fixed assets (net) (+€31,648) and Depreciation (+€9,799)
- Debts after one year -€14,702
down €14,702 (-36.4%), from €40,356 to €25,655
- Other debts -€1,933
no longer reported in 2024 (was €1,933)
- Tax, wage and social debts -€1,925
down €1,925 (-14.5%), from €13,291 to €11,366
of which Remuneration and social security: -€1,000
- Depreciation -€9,758
down €9,758 (-49.9%), from €19,557 to €9,799
- Gross operating margin +€6,422
up €6,422 (+24.9%), from €25,750 to €32,172
- Taxes -€4,401
no longer reported in 2024 (was €4,401)
- Other operating charges +€2,210
new in 2024: €2,210
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,127 | €79,702 | -€19,425 | -19.6% |
| Fixed assets | 21/28 | €87,752 | €46,305 | -€41,447 | -47.2% |
| Tangible fixed assets | 22/27 | €87,752 | €46,305 | -€41,447 | -47.2% |
| Land and buildings | 22 | €28,798 | €26,399 | -€2,399 | -8.3% |
| Plant, machinery and equipment | 23 | €7,053 | €6,226 | -€827 | -11.7% |
| Furniture and vehicles | 24 | €51,746 | €13,605 | -€38,141 | -73.7% |
| Other tangible fixed assets | 26 | €155 | €75 | -€80 | -51.4% |
| Current assets | 29/58 | €11,375 | €33,397 | +€22,022 | +193.6% |
| Amounts receivable within one year | 40/41 | €385 | €17,635 | +€17,250 | +4486.0% |
| Trade receivables | 40 | - | €17,250 | +€17,250 | |
| Other amounts receivable | 41 | €385 | €385 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,001 | €14,513 | +€5,512 | +61.2% |
| Deferred charges and accrued income | 490/1 | €1,989 | €1,249 | -€741 | -37.2% |
| Total equity and liabilities | 10/49 | €99,127 | €79,702 | -€19,425 | -19.6% |
| Equity | 10/15 | €28,640 | €27,980 | -€660 | -2.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,240 | €15,580 | -€660 | -4.1% |
| Amounts payable | 17/49 | €70,487 | €51,722 | -€18,765 | -26.6% |
| Amounts payable after more than one year | 17 | €40,356 | €25,655 | -€14,702 | -36.4% |
| Financial debts | 170/4 | €40,356 | €25,655 | -€14,702 | -36.4% |
| Amounts payable within one year | 42/48 | €30,131 | €26,067 | -€4,064 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €14,607 | €14,702 | +€95 | +0.6% |
| Trade debts | 44 | €300 | - | -€300 | |
| Suppliers | 440/4 | €300 | - | -€300 | |
| Taxes, remuneration and social security | 45 | €13,291 | €11,366 | -€1,925 | -14.5% |
| Taxes | 450/3 | €12,291 | €11,366 | -€925 | -7.5% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €1,933 | - | -€1,933 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,557 | €9,799 | -€9,758 | -49.9% |
| Other operating charges | 640/8 | - | €2,210 | +€2,210 | |
| Non-recurring operating charges | 66A | - | €19,292 | +€19,292 | |
| Gross operating margin | 9900 | €25,750 | €32,172 | +€6,422 | +24.9% |
| Operating profit (loss) | 9901 | €6,193 | €871 | -€5,322 | -85.9% |
| Financial charges | 65/66B | €1,825 | €1,531 | -€294 | -16.1% |
| Recurring financial charges | 65 | €1,825 | €1,531 | -€294 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €4,368 | -€660 | -€5,028 | |
| Income taxes | 67/77 | €4,401 | - | -€4,401 | |
| Profit (loss) for the period | 9904 | -€34 | -€660 | -€626 | -1864.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34 | -€660 | -€626 | -1864.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.