MOMIN: 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.
MOMIN
Largest movements
- Receivables within one year +€100,042
up €100,042 (+216.4%), from €46,230 to €146,272
of which Trade receivables: +€97,360
- Stocks and contracts -€39,446
down €39,446 (-75.2%), from €52,448 to €13,002
- Tangible fixed assets -€8,924
down €8,924 (-41.4%), from €21,564 to €12,640
- Deferred charges and accrued income +€1,874
new in 2025: €1,874
- Advances received +€67,461
new in 2025: €67,461
- Trade debts +€25,257
up €25,257 (+64.2%), from €39,311 to €64,568
- Other debts -€17,841
down €17,841 (-89.3%), from €19,968 to €2,127
- Tax, wage and social debts -€11,716
down €11,716 (-45.1%), from €25,976 to €14,260
of which Remuneration and social security: -€8,843
- Debts after one year -€5,261
no longer reported in 2025 (was €5,261)
- Gross operating margin +€30,028
up €30,028 (+62.7%), from €47,871 to €77,899
- Staff costs -€8,888
down €8,888 (-12.6%), from €70,710 to €61,823
- Taxes +€2,183
up €2,183 (+955.3%), from €229 to €2,411
- Other operating charges -€1,784
down €1,784 (-74.9%), from €2,381 to €597
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.
Cash bridge derived
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 | €132,341 | €186,416 | +€54,075 | +40.9% |
| Fixed assets | 21/28 | €25,914 | €17,323 | -€8,591 | -33.2% |
| Tangible fixed assets | 22/27 | €21,564 | €12,640 | -€8,924 | -41.4% |
| Furniture and vehicles | 24 | €21,564 | €12,640 | -€8,924 | -41.4% |
| Financial fixed assets | 28 | €4,350 | €4,683 | +€333 | +7.7% |
| Current assets | 29/58 | €106,428 | €169,093 | +€62,666 | +58.9% |
| Stocks and contracts in progress | 3 | €52,448 | €13,002 | -€39,446 | -75.2% |
| Stocks | 30/36 | €52,448 | €13,002 | -€39,446 | -75.2% |
| Amounts receivable within one year | 40/41 | €46,230 | €146,272 | +€100,042 | +216.4% |
| Trade receivables | 40 | €31,927 | €129,287 | +€97,360 | +304.9% |
| Other amounts receivable | 41 | €14,304 | €16,985 | +€2,682 | +18.7% |
| Cash at bank and in hand | 54/58 | €7,749 | €7,945 | +€195 | +2.5% |
| Deferred charges and accrued income | 490/1 | - | €1,874 | +€1,874 | |
| Total equity and liabilities | 10/49 | €132,341 | €186,416 | +€54,075 | +40.9% |
| Equity | 10/15 | €31,532 | €32,739 | +€1,207 | +3.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Outside capital | 11 | €100 | €100 | = | 0.0% |
| Other | 1109/19 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,422 | €32,629 | +€1,207 | +3.8% |
| Amounts payable | 17/49 | €100,809 | €153,677 | +€52,868 | +52.4% |
| Amounts payable after more than one year | 17 | €5,261 | - | -€5,261 | |
| Financial debts | 170/4 | €5,261 | - | -€5,261 | |
| Amounts payable within one year | 42/48 | €95,548 | €153,677 | +€58,129 | +60.8% |
| Current portion of amounts payable after more than one year | 42 | €10,293 | €5,261 | -€5,032 | -48.9% |
| Trade debts | 44 | €39,311 | €64,568 | +€25,257 | +64.2% |
| Suppliers | 440/4 | €39,311 | €64,568 | +€25,257 | +64.2% |
| Advances received on contracts in progress | 46 | - | €67,461 | +€67,461 | |
| Taxes, remuneration and social security | 45 | €25,976 | €14,260 | -€11,716 | -45.1% |
| Taxes | 450/3 | €7,792 | €4,919 | -€2,874 | -36.9% |
| Remuneration and social security | 454/9 | €18,183 | €9,341 | -€8,843 | -48.6% |
| Other amounts payable | 47/48 | €19,968 | €2,127 | -€17,841 | -89.3% |
| Remuneration, social security and pensions | 62 | €70,710 | €61,823 | -€8,888 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,924 | €8,924 | = | 0.0% |
| Other operating charges | 640/8 | €2,381 | €597 | -€1,784 | -74.9% |
| Gross operating margin | 9900 | €47,871 | €77,899 | +€30,028 | +62.7% |
| Operating profit (loss) | 9901 | -€34,144 | €6,556 | +€40,700 | |
| Financial charges | 65/66B | €2,802 | €2,937 | +€135 | +4.8% |
| Recurring financial charges | 65 | €2,802 | €2,937 | +€135 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,946 | €3,618 | +€40,565 | |
| Income taxes | 67/77 | €229 | €2,411 | +€2,183 | +955.3% |
| Profit (loss) for the period | 9904 | -€37,175 | €1,207 | +€38,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,175 | €1,207 | +€38,382 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.