MOOF: 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.
MOOF
Largest movements
- Cash +€25,560
up €25,560 (+15.7%), from €163,271 to €188,831
mainly Other debts (+€49,298) and Net result for the year (+€47,996)
- Receivables within one year +€2,727
up €2,727 (+22.0%), from €12,378 to €15,105
of which Trade receivables: +€2,612
- Other debts +€49,298
up €49,298 (+87.7%), from €56,210 to €105,508
- Reserves -€23,526
down €23,526 (-20.2%), from €116,299 to €92,773
of which Distributable reserves: -€23,526
- Tax, wage and social debts +€3,913
up €3,913 (+45.2%), from €8,665 to €12,578
- Financial income +€9,970
up €9,970 (+49.8%), from €20,030 to €30,000
- Gross operating margin +€6,000
up €6,000 (+21.9%), from €27,407 to €33,407
- Taxes +€2,331
up €2,331 (+25.6%), from €9,104 to €11,435
- Depreciation +€873
up €873 (+50.6%), from €1,725 to €2,598
- Financial charges -€337
down €337 (-31.5%), from €1,073 to €735
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 | €191,790 | €218,789 | +€26,998 | +14.1% |
| Fixed assets | 21/28 | €14,448 | €12,676 | -€1,772 | -12.3% |
| Tangible fixed assets | 22/27 | €10,728 | €8,956 | -€1,772 | -16.5% |
| Plant, machinery and equipment | 23 | €2,140 | €2,532 | +€392 | +18.3% |
| Furniture and vehicles | 24 | €8,589 | €6,425 | -€2,164 | -25.2% |
| Financial fixed assets | 28 | €3,720 | €3,720 | = | 0.0% |
| Current assets | 29/58 | €177,342 | €206,113 | +€28,770 | +16.2% |
| Amounts receivable within one year | 40/41 | €12,378 | €15,105 | +€2,727 | +22.0% |
| Trade receivables | 40 | €12,378 | €14,990 | +€2,612 | +21.1% |
| Other amounts receivable | 41 | €0 | €115 | +€115 | |
| Cash at bank and in hand | 54/58 | €163,271 | €188,831 | +€25,560 | +15.7% |
| Deferred charges and accrued income | 490/1 | €1,693 | €2,177 | +€484 | +28.6% |
| Total equity and liabilities | 10/49 | €191,790 | €218,789 | +€26,998 | +14.1% |
| Equity | 10/15 | €122,499 | €98,973 | -€23,526 | -19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,299 | €92,773 | -€23,526 | -20.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €468 | €468 | = | 0.0% |
| Distributable reserves | 133 | €113,971 | €90,445 | -€23,526 | -20.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,291 | €119,816 | +€50,524 | +72.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €69,291 | €119,816 | +€50,524 | +72.9% |
| Current portion of amounts payable after more than one year | 42 | €1,255 | €0 | -€1,255 | -100% |
| Financial debts | 43 | €122 | €202 | +€80 | +65.3% |
| Credit institutions | 430/8 | €122 | €202 | +€80 | +65.3% |
| Trade debts | 44 | €3,038 | €1,527 | -€1,511 | -49.7% |
| Suppliers | 440/4 | €3,038 | €1,527 | -€1,511 | -49.7% |
| Taxes, remuneration and social security | 45 | €8,665 | €12,578 | +€3,913 | +45.2% |
| Taxes | 450/3 | €8,665 | €12,578 | +€3,913 | +45.2% |
| Other amounts payable | 47/48 | €56,210 | €105,508 | +€49,298 | +87.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,725 | €2,598 | +€873 | +50.6% |
| Other operating charges | 640/8 | €534 | €643 | +€109 | +20.3% |
| Gross operating margin | 9900 | €27,407 | €33,407 | +€6,000 | +21.9% |
| Operating profit (loss) | 9901 | €25,148 | €30,166 | +€5,018 | +20.0% |
| Financial income | 75/76B | €20,030 | €30,000 | +€9,970 | +49.8% |
| Recurring financial income | 75 | €20,030 | €30,000 | +€9,970 | +49.8% |
| Financial charges | 65/66B | €1,073 | €735 | -€337 | -31.5% |
| Recurring financial charges | 65 | €1,073 | €735 | -€337 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €44,105 | €59,431 | +€15,326 | +34.7% |
| Income taxes | 67/77 | €9,104 | €11,435 | +€2,331 | +25.6% |
| Profit (loss) for the period | 9904 | €35,001 | €47,996 | +€12,995 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,001 | €47,996 | +€12,995 | +37.1% |
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 20 October 2026 via checked.be.