MOOLFREET: 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.
MOOLFREET
Largest movements
- Tangible fixed assets +€5.0m
new in 2025: €5.0m
- Receivables within one year -€3.5m
down €3.5m (-100%), from €3.5m to €0
of which Other amounts receivable: -€2.9m
- Cash +€59,055
up €59,055 (+35,791%), from €165 to €59,220
- Debts after one year +€2.0m
new in 2025: €2.0m
- Trade debts -€446,092
down €446,092 (-94.7%), from €470,941 to €24,849
- Current portion of long-term debt +€195,409
new in 2025: €195,409
- Reserves -€165,928
down €165,928 (-7.1%), from €2.3m to €2.2m
- Provisions -€55,310
down €55,310 (-7.1%), from €780,837 to €725,527
- Gross operating margin -€2.9m
down €2.9m (-92.9%), from €3.1m to €219,451
- Depreciation +€243,965
new in 2025: €243,965
- Financial income -€107,930
down €107,930 (-100%), from €107,930 to €0
- Financial charges +€80,855
up €80,855 (+614%), from €13,175 to €94,030
of which Financial charges: +€80,905
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,477,252 | €5,101,336 | +€1.6m | +46.7% |
| Fixed assets | 21/28 | - | €5,033,687 | +€5.0m | |
| Tangible fixed assets | 22/27 | - | €5,033,687 | +€5.0m | |
| Land and buildings | 22 | - | €5,033,687 | +€5.0m | |
| Current assets | 29/58 | €3,477,252 | €67,649 | -€3.4m | -98.1% |
| Amounts receivable within one year | 40/41 | €3,476,647 | €0 | -€3.5m | -100% |
| Trade receivables | 40 | €568,924 | €0 | -€568,924 | -100% |
| Other amounts receivable | 41 | €2,907,723 | €0 | -€2.9m | -100% |
| Cash at bank and in hand | 54/58 | €165 | €59,220 | +€59,055 | +35,791% |
| Deferred charges and accrued income | 490/1 | €440 | €8,429 | +€7,989 | +1,816% |
| Total equity and liabilities | 10/49 | €3,477,252 | €5,101,336 | +€1.6m | +46.7% |
| Equity | 10/15 | €2,225,474 | €2,109,089 | -€116,385 | -5.2% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €2,342,510 | €2,176,582 | -€165,928 | -7.1% |
| Tax-exempt reserves | 132 | €2,342,510 | €2,176,582 | -€165,928 | -7.1% |
| Profit (loss) carried forward | 14 | -€297,036 | -€247,493 | +€49,543 | +16.7% |
| Provisions and deferred taxes | 16 | €780,837 | €725,527 | -€55,310 | -7.1% |
| Deferred taxes | 168 | €780,837 | €725,527 | -€55,310 | -7.1% |
| Amounts payable | 17/49 | €470,941 | €2,266,720 | +€1.8m | +381% |
| Amounts payable after more than one year | 17 | - | €2,040,784 | +€2.0m | |
| Financial debts | 170/4 | - | €2,040,784 | +€2.0m | |
| Amounts payable within one year | 42/48 | €470,941 | €225,917 | -€245,024 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | - | €195,409 | +€195,409 | |
| Trade debts | 44 | €470,941 | €24,849 | -€446,092 | -94.7% |
| Suppliers | 440/4 | €470,941 | €24,849 | -€446,092 | -94.7% |
| Taxes, remuneration and social security | 45 | - | €5,659 | +€5,659 | |
| Taxes | 450/3 | - | €5,659 | +€5,659 | |
| Accrued charges and deferred income | 492/3 | - | €18 | +€18 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €243,965 | +€243,965 | |
| Other operating charges | 640/8 | €25,622 | €5,170 | -€20,452 | -79.8% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €3,095,747 | €219,451 | -€2.9m | -92.9% |
| Operating profit (loss) | 9901 | €3,070,125 | -€29,685 | -€3.1m | |
| Financial income | 75/76B | €107,930 | €0 | -€107,930 | -100% |
| Recurring financial income | 75 | €107,930 | €0 | -€107,930 | -100% |
| Financial charges | 65/66B | €13,175 | €94,030 | +€80,855 | +614% |
| Recurring financial charges | 65 | €13,125 | €94,030 | +€80,905 | +616% |
| Non-recurring financial charges | 66B | €50 | - | -€50 | |
| Profit (loss) for the period before taxes | 9903 | €3,164,880 | -€123,715 | -€3.3m | |
| Transfer from deferred taxes | 780 | - | €39,042 | +€39,042 | |
| Transfer to deferred taxes | 680 | €780,837 | - | -€780,837 | |
| Profit (loss) for the period | 9904 | €2,384,043 | -€84,673 | -€2.5m | |
| Transfer from tax-exempt reserves | 789 | - | €117,126 | +€117,126 | |
| Transfer to tax-exempt reserves | 689 | €2,342,510 | - | -€2.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €41,533 | €32,452 | -€9,081 | -21.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 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.