MOMENTO: 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.
MOMENTO
Largest movements
- Cash +€106,165
up €106,165 (+47.1%), from €225,567 to €331,732
mainly Accrued charges and deferred income (+€72,017) and Net result for the year (+€44,808)
- Receivables within one year +€12,874
up €12,874 (+81.7%), from €15,768 to €28,642
of which Trade receivables: +€9,690
- Tangible fixed assets +€9,046
up €9,046 (+11.0%), from €82,125 to €91,171
of which Leasing and similar rights: +€19,589
- Accrued charges and deferred income +€72,017
up €72,017 (+159%), from €45,410 to €117,427
- Reserves +€44,901
up €44,901 (+16.9%), from €265,996 to €310,897
- Debts after one year +€11,904
new in 2025: €11,904
- Other debts -€9,293
down €9,293 (-12.2%), from €76,327 to €67,034
- Trade debts +€8,918
new in 2025: €8,918
- Gross operating margin +€31,169
up €31,169 (+59.6%), from €52,338 to €83,508
- Taxes +€8,648
up €8,648 (+72.7%), from €11,895 to €20,543
- Depreciation +€3,472
up €3,472 (+26.5%), from €13,097 to €16,570
- Financial charges +€849
up €849 (+83.5%), from €1,017 to €1,866
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 | €426,131 | €552,189 | +€126,058 | +29.6% |
| Fixed assets | 21/28 | €82,125 | €91,171 | +€9,046 | +11.0% |
| Tangible fixed assets | 22/27 | €82,125 | €91,171 | +€9,046 | +11.0% |
| Land and buildings | 22 | €44,320 | €41,518 | -€2,802 | -6.3% |
| Furniture and vehicles | 24 | €37,806 | €30,065 | -€7,741 | -20.5% |
| Leasing and similar rights | 25 | - | €19,589 | +€19,589 | |
| Current assets | 29/58 | €344,006 | €461,018 | +€117,012 | +34.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,768 | €28,642 | +€12,874 | +81.7% |
| Trade receivables | 40 | €11,495 | €21,185 | +€9,690 | +84.3% |
| Other amounts receivable | 41 | €4,273 | €7,457 | +€3,185 | +74.5% |
| Cash at bank and in hand | 54/58 | €225,567 | €331,732 | +€106,165 | +47.1% |
| Deferred charges and accrued income | 490/1 | €2,671 | €644 | -€2,027 | -75.9% |
| Total equity and liabilities | 10/49 | €426,131 | €552,189 | +€126,058 | +29.6% |
| Equity | 10/15 | €284,697 | €329,504 | +€44,808 | +15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €265,996 | €310,897 | +€44,901 | +16.9% |
| Distributable reserves | 133 | €265,996 | €310,897 | +€44,901 | +16.9% |
| Profit (loss) carried forward | 14 | €101 | €8 | -€93 | -92.1% |
| Amounts payable | 17/49 | €141,434 | €222,685 | +€81,251 | +57.4% |
| Amounts payable after more than one year | 17 | - | €11,904 | +€11,904 | |
| Financial debts | 170/4 | - | €11,904 | +€11,904 | |
| Amounts payable within one year | 42/48 | €96,024 | €93,353 | -€2,671 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,340 | +€3,340 | |
| Financial debts | 43 | €1,706 | €0 | -€1,706 | -100% |
| Credit institutions | 430/8 | €1,706 | €0 | -€1,706 | -100% |
| Trade debts | 44 | - | €8,918 | +€8,918 | |
| Suppliers | 440/4 | - | €8,918 | +€8,918 | |
| Advances received on contracts in progress | 46 | €1,475 | €0 | -€1,475 | -100% |
| Taxes, remuneration and social security | 45 | €16,516 | €14,061 | -€2,455 | -14.9% |
| Taxes | 450/3 | €16,516 | €14,061 | -€2,455 | -14.9% |
| Other amounts payable | 47/48 | €76,327 | €67,034 | -€9,293 | -12.2% |
| Accrued charges and deferred income | 492/3 | €45,410 | €117,427 | +€72,017 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,097 | €16,570 | +€3,472 | +26.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€579 | -€579 | |
| Other operating charges | 640/8 | €2,683 | €3,427 | +€744 | +27.7% |
| Gross operating margin | 9900 | €52,338 | €83,508 | +€31,169 | +59.6% |
| Operating profit (loss) | 9901 | €36,558 | €64,089 | +€27,531 | +75.3% |
| Financial income | 75/76B | €3,054 | €3,127 | +€73 | +2.4% |
| Recurring financial income | 75 | €3,054 | €3,127 | +€73 | +2.4% |
| Financial charges | 65/66B | €1,017 | €1,866 | +€849 | +83.5% |
| Recurring financial charges | 65 | €1,017 | €1,866 | +€849 | +83.5% |
| Profit (loss) for the period before taxes | 9903 | €38,595 | €65,351 | +€26,756 | +69.3% |
| Income taxes | 67/77 | €11,895 | €20,543 | +€8,648 | +72.7% |
| Profit (loss) for the period | 9904 | €26,701 | €44,808 | +€18,107 | +67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,701 | €44,808 | +€18,107 | +67.8% |
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 27 October 2026 via checked.be.