MOoN R&C: 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.
MOoN R&C
Largest movements
- Receivables within one year +€120,452
up €120,452 (+68.9%), from €174,922 to €295,374
of which Trade receivables: +€68,855
- Tangible fixed assets +€17,208
up €17,208 (+2.3%), from €756,393 to €773,601
of which Other tangible fixed assets: +€48,784
- Trade debts +€120,522
up €120,522 (+342%), from €35,210 to €155,732
- Debts after one year -€50,610
down €50,610 (-7.9%), from €638,206 to €587,596
- Reserves +€29,605
up €29,605 (+61.3%), from €48,258 to €77,864
- Accrued charges and deferred income +€29,195
up €29,195 (+642%), from €4,548 to €33,743
- Tax, wage and social debts +€27,960
up €27,960 (+23.2%), from €120,304 to €148,263
of which Taxes: +€58,829
- Staff costs -€140,190
down €140,190 (-18.2%), from €771,999 to €631,809
- Gross operating margin -€16,475
down €16,475 (-2.2%), from €758,265 to €741,790
- Financial income +€16,016
up €16,016 (+17,093%), from €94 to €16,110
- Taxes +€14,827
up €14,827 (+698%), from €2,126 to €16,953
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 | €959,990 | €1,095,350 | +€135,360 | +14.1% |
| Fixed assets | 21/28 | €761,602 | €777,565 | +€15,963 | +2.1% |
| Intangible fixed assets | 21 | €4,858 | €3,470 | -€1,389 | -28.6% |
| Tangible fixed assets | 22/27 | €756,393 | €773,601 | +€17,208 | +2.3% |
| Land and buildings | 22 | €753,139 | €721,707 | -€31,433 | -4.2% |
| Plant, machinery and equipment | 23 | €3,254 | €2,071 | -€1,183 | -36.3% |
| Furniture and vehicles | 24 | €0 | €1,039 | +€1,039 | |
| Other tangible fixed assets | 26 | - | €48,784 | +€48,784 | |
| Financial fixed assets | 28 | €350 | €494 | +€144 | +41.1% |
| Current assets | 29/58 | €198,388 | €317,785 | +€119,397 | +60.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €174,922 | €295,374 | +€120,452 | +68.9% |
| Trade receivables | 40 | €135,331 | €204,186 | +€68,855 | +50.9% |
| Other amounts receivable | 41 | €39,591 | €91,189 | +€51,597 | +130% |
| Cash at bank and in hand | 54/58 | €11,807 | €12,014 | +€207 | +1.8% |
| Deferred charges and accrued income | 490/1 | €11,659 | €10,397 | -€1,263 | -10.8% |
| Total equity and liabilities | 10/49 | €959,990 | €1,095,350 | +€135,360 | +14.1% |
| Equity | 10/15 | €50,258 | €79,864 | +€29,605 | +58.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €48,258 | €77,864 | +€29,605 | +61.3% |
| Distributable reserves | 133 | €48,258 | €77,864 | +€29,605 | +61.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €909,732 | €1,015,487 | +€105,755 | +11.6% |
| Amounts payable after more than one year | 17 | €638,206 | €587,596 | -€50,610 | -7.9% |
| Financial debts | 170/4 | €638,206 | €587,596 | -€50,610 | -7.9% |
| Amounts payable within one year | 42/48 | €266,978 | €394,148 | +€127,170 | +47.6% |
| Current portion of amounts payable after more than one year | 42 | €49,279 | €50,610 | +€1,331 | +2.7% |
| Financial debts | 43 | €43,905 | €38,595 | -€5,310 | -12.1% |
| Credit institutions | 430/8 | €43,905 | €38,595 | -€5,310 | -12.1% |
| Trade debts | 44 | €35,210 | €155,732 | +€120,522 | +342% |
| Suppliers | 440/4 | €35,210 | €155,732 | +€120,522 | +342% |
| Advances received on contracts in progress | 46 | €15,764 | €0 | -€15,764 | -100% |
| Taxes, remuneration and social security | 45 | €120,304 | €148,263 | +€27,960 | +23.2% |
| Taxes | 450/3 | €56,155 | €114,984 | +€58,829 | +105% |
| Remuneration and social security | 454/9 | €64,149 | €33,279 | -€30,869 | -48.1% |
| Other amounts payable | 47/48 | €2,517 | €947 | -€1,570 | -62.4% |
| Accrued charges and deferred income | 492/3 | €4,548 | €33,743 | +€29,195 | +642% |
| Non-recurring operating income | 76A | €274 | €0 | -€274 | -100% |
| Remuneration, social security and pensions | 62 | €771,999 | €631,809 | -€140,190 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,474 | €40,098 | +€4,624 | +13.0% |
| Other operating charges | 640/8 | €6,504 | €10,069 | +€3,565 | +54.8% |
| Non-recurring operating charges | 66A | €670 | €0 | -€670 | -100% |
| Gross operating margin | 9900 | €758,265 | €741,790 | -€16,475 | -2.2% |
| Operating profit (loss) | 9901 | -€56,383 | €59,814 | +€116,196 | |
| Financial income | 75/76B | €94 | €16,110 | +€16,016 | +17,093% |
| Recurring financial income | 75 | €94 | €16,110 | +€16,016 | +17,093% |
| Financial charges | 65/66B | €31,947 | €29,365 | -€2,582 | -8.1% |
| Recurring financial charges | 65 | €31,947 | €29,365 | -€2,582 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€88,236 | €46,558 | +€134,794 | |
| Income taxes | 67/77 | €2,126 | €16,953 | +€14,827 | +698% |
| Profit (loss) for the period | 9904 | -€90,361 | €29,605 | +€119,967 | |
| Profit (loss) for the period to be appropriated | 9905 | -€90,361 | €29,605 | +€119,967 |
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 30 October 2026 via checked.be.