MOODZ: 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.
MOODZ
Largest movements
- Cash -€15,946
down €15,946 (-28.4%), from €56,127 to €40,181
mainly Contributions, distributions and other (-€27,293) and Debts after one year (-€9,643)
- Tangible fixed assets -€2,744
down €2,744 (-30.0%), from €9,133 to €6,389
of which Other tangible fixed assets: -€1,884
- Reserves -€12,086
down €12,086 (-15.0%), from €80,717 to €68,631
- Debts after one year -€9,643
down €9,643 (-24.1%), from €39,959 to €30,316
- Other debts +€7,842
new in 2025: €7,842
- Trade debts -€6,852
down €6,852 (-67.0%), from €10,221 to €3,370
- Tax, wage and social debts +€1,685
up €1,685 (+37.0%), from €4,555 to €6,241
- Gross operating margin -€25,970
down €25,970 (-44.0%), from €59,014 to €33,044
- Financial charges -€21,708
down €21,708 (-84.8%), from €25,606 to €3,898
- Taxes -€1,572
down €1,572 (-17.2%), from €9,113 to €7,541
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 | €159,592 | €142,170 | -€17,422 | -10.9% |
| Fixed assets | 21/28 | €9,133 | €6,389 | -€2,744 | -30.0% |
| Tangible fixed assets | 22/27 | €9,133 | €6,389 | -€2,744 | -30.0% |
| Plant, machinery and equipment | 23 | €3,623 | €2,762 | -€860 | -23.7% |
| Other tangible fixed assets | 26 | €5,510 | €3,627 | -€1,884 | -34.2% |
| Current assets | 29/58 | €150,459 | €135,781 | -€14,678 | -9.8% |
| Stocks and contracts in progress | 3 | €26,276 | €26,958 | +€682 | +2.6% |
| Stocks | 30/36 | €26,276 | €26,958 | +€682 | +2.6% |
| Amounts receivable within one year | 40/41 | €68,057 | €68,642 | +€586 | +0.9% |
| Trade receivables | 40 | €66,037 | €68,642 | +€2,605 | +3.9% |
| Other amounts receivable | 41 | €2,020 | €0 | -€2,020 | -100% |
| Cash at bank and in hand | 54/58 | €56,127 | €40,181 | -€15,946 | -28.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €159,592 | €142,170 | -€17,422 | -10.9% |
| Equity | 10/15 | €93,117 | €81,031 | -€12,086 | -13.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €80,717 | €68,631 | -€12,086 | -15.0% |
| Distributable reserves | 133 | €80,717 | €68,631 | -€12,086 | -15.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,475 | €61,139 | -€5,336 | -8.0% |
| Amounts payable after more than one year | 17 | €39,959 | €30,316 | -€9,643 | -24.1% |
| Financial debts | 170/4 | €39,959 | €30,316 | -€9,643 | -24.1% |
| Amounts payable within one year | 42/48 | €25,316 | €29,623 | +€4,307 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €9,283 | €9,643 | +€360 | +3.9% |
| Financial debts | 43 | €1,256 | €2,528 | +€1,272 | +101% |
| Credit institutions | 430/8 | €1,256 | €2,528 | +€1,272 | +101% |
| Trade debts | 44 | €10,221 | €3,370 | -€6,852 | -67.0% |
| Suppliers | 440/4 | €10,221 | €3,370 | -€6,852 | -67.0% |
| Taxes, remuneration and social security | 45 | €4,555 | €6,241 | +€1,685 | +37.0% |
| Taxes | 450/3 | €4,555 | €6,241 | +€1,685 | +37.0% |
| Other amounts payable | 47/48 | - | €7,842 | +€7,842 | |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,585 | €3,153 | +€568 | +22.0% |
| Other operating charges | 640/8 | €1,853 | €2,191 | +€338 | +18.2% |
| Non-recurring operating charges | 66A | €413 | €1,072 | +€659 | +159% |
| Gross operating margin | 9900 | €59,014 | €33,044 | -€25,970 | -44.0% |
| Operating profit (loss) | 9901 | €54,162 | €26,628 | -€27,534 | -50.8% |
| Financial income | 75/76B | €67 | €18 | -€49 | -73.4% |
| Recurring financial income | 75 | €67 | €18 | -€49 | -73.4% |
| Financial charges | 65/66B | €25,606 | €3,898 | -€21,708 | -84.8% |
| Recurring financial charges | 65 | €25,606 | €3,898 | -€21,708 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €28,622 | €22,748 | -€5,874 | -20.5% |
| Income taxes | 67/77 | €9,113 | €7,541 | -€1,572 | -17.2% |
| Profit (loss) for the period | 9904 | €19,510 | €15,207 | -€4,303 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,510 | €15,207 | -€4,303 | -22.1% |
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 21 October 2026 via checked.be.