MOKEN: 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.
MOKEN
Largest movements
- Tangible fixed assets -€21,285
down €21,285 (-5.3%), from €401,960 to €380,675
of which Land and buildings: -€18,761
- Receivables within one year -€15,210
down €15,210 (-96.9%), from €15,701 to €491
- Cash +€11,517
up €11,517 (+319%), from €3,610 to €15,127
mainly Net result for the year (+€27,632) and Depreciation (+€21,285)
- Other debts -€43,487
down €43,487 (-27.9%), from €155,870 to €112,383
- Reserves +€19,359
new in 2025: €19,359
- Debts after one year -€10,369
down €10,369 (-4.1%), from €254,390 to €244,021
- Profit (loss) carried forward +€8,273
no longer reported in 2025 (was -€8,273)
- Gross operating margin +€30,022
up €30,022 (+86.3%), from €34,792 to €64,814
- Depreciation +€2,411
up €2,411 (+12.8%), from €18,874 to €21,285
- Taxes +€1,645
new in 2025: €1,645
- Other operating charges +€899
up €899 (+34.6%), from €2,599 to €3,498
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 | €421,637 | €397,992 | -€23,645 | -5.6% |
| Fixed assets | 21/28 | €401,960 | €380,675 | -€21,285 | -5.3% |
| Tangible fixed assets | 22/27 | €401,960 | €380,675 | -€21,285 | -5.3% |
| Land and buildings | 22 | €385,698 | €366,937 | -€18,761 | -4.9% |
| Plant, machinery and equipment | 23 | €16,262 | €13,738 | -€2,524 | -15.5% |
| Current assets | 29/58 | €19,678 | €17,317 | -€2,361 | -12.0% |
| Amounts receivable within one year | 40/41 | €15,701 | €491 | -€15,210 | -96.9% |
| Trade receivables | 40 | €15,701 | €491 | -€15,210 | -96.9% |
| Cash at bank and in hand | 54/58 | €3,610 | €15,127 | +€11,517 | +319% |
| Deferred charges and accrued income | 490/1 | €366 | €1,699 | +€1,333 | +364% |
| Total equity and liabilities | 10/49 | €421,637 | €397,992 | -€23,645 | -5.6% |
| Equity | 10/15 | -€3,273 | €24,359 | +€27,632 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €19,359 | +€19,359 | |
| Distributable reserves | 133 | - | €19,359 | +€19,359 | |
| Profit (loss) carried forward | 14 | -€8,273 | - | +€8,273 | |
| Amounts payable | 17/49 | €424,910 | €373,633 | -€51,277 | -12.1% |
| Amounts payable after more than one year | 17 | €254,390 | €244,021 | -€10,369 | -4.1% |
| Financial debts | 170/4 | €254,390 | €244,021 | -€10,369 | -4.1% |
| Amounts payable within one year | 42/48 | €170,521 | €129,549 | -€40,972 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €9,966 | €10,369 | +€403 | +4.0% |
| Trade debts | 44 | €3,417 | €3,636 | +€219 | +6.4% |
| Suppliers | 440/4 | €3,417 | €3,636 | +€219 | +6.4% |
| Taxes, remuneration and social security | 45 | €1,268 | €3,161 | +€1,893 | +149% |
| Taxes | 450/3 | €1,268 | €3,161 | +€1,893 | +149% |
| Other amounts payable | 47/48 | €155,870 | €112,383 | -€43,487 | -27.9% |
| Accrued charges and deferred income | 492/3 | - | €64 | +€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,874 | €21,285 | +€2,411 | +12.8% |
| Other operating charges | 640/8 | €2,599 | €3,498 | +€899 | +34.6% |
| Gross operating margin | 9900 | €34,792 | €64,814 | +€30,022 | +86.3% |
| Operating profit (loss) | 9901 | €13,319 | €40,031 | +€26,713 | +201% |
| Financial charges | 65/66B | €10,818 | €10,755 | -€63 | -0.6% |
| Recurring financial charges | 65 | €10,818 | €10,755 | -€63 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €2,501 | €29,276 | +€26,776 | +1,071% |
| Income taxes | 67/77 | - | €1,645 | +€1,645 | |
| Profit (loss) for the period | 9904 | €2,501 | €27,632 | +€25,131 | +1,005% |
| Profit (loss) for the period to be appropriated | 9905 | €2,501 | €27,632 | +€25,131 | +1,005% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.