Moon-Shine: 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.
Moon-Shine
Largest movements
- Cash +€7,999
up €7,999 (+63.2%), from €12,650 to €20,650
mainly Other debts (+€23,000) and Tax, wage and social debts (+€6,907)
- Receivables within one year +€4,331
new in 2025: €4,331
- Deferred charges and accrued income -€393
down €393 (-65.7%), from €599 to €206
- Other debts +€23,000
up €23,000 (+460.0%), from €5,000 to €28,000
- Profit (loss) carried forward -€19,773
down €19,773 (-525.5%), from -€3,763 to -€23,536
- Tax, wage and social debts +€6,907
up €6,907 (+137.6%), from €5,020 to €11,927
of which Remuneration and social security: +€4,748
- Accrued charges and deferred income +€2,199
new in 2025: €2,199
- Trade debts -€397
down €397 (-9.9%), from €3,992 to €3,595
- Staff costs +€52,797
up €52,797 (+758.8%), from €6,958 to €59,755
- Gross operating margin +€35,067
up €35,067 (+683.2%), from €5,132 to €40,199
- Depreciation -€1,265
no longer reported in 2025 (was €1,265)
- Other operating charges -€612
no longer reported in 2025 (was €612)
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 | €13,249 | €25,186 | +€11,937 | +90.1% |
| Current assets | 29/58 | €13,249 | €25,186 | +€11,937 | +90.1% |
| Amounts receivable within one year | 40/41 | - | €4,331 | +€4,331 | |
| Trade receivables | 40 | - | €4,331 | +€4,331 | |
| Cash at bank and in hand | 54/58 | €12,650 | €20,650 | +€7,999 | +63.2% |
| Deferred charges and accrued income | 490/1 | €599 | €206 | -€393 | -65.7% |
| Total equity and liabilities | 10/49 | €13,249 | €25,186 | +€11,937 | +90.1% |
| Equity | 10/15 | -€763 | -€20,536 | -€19,773 | -2591.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,763 | -€23,536 | -€19,773 | -525.5% |
| Amounts payable | 17/49 | €14,012 | €45,722 | +€31,710 | +226.3% |
| Amounts payable within one year | 42/48 | €14,012 | €43,523 | +€29,511 | +210.6% |
| Trade debts | 44 | €3,992 | €3,595 | -€397 | -9.9% |
| Suppliers | 440/4 | €3,992 | €3,595 | -€397 | -9.9% |
| Taxes, remuneration and social security | 45 | €5,020 | €11,927 | +€6,907 | +137.6% |
| Taxes | 450/3 | €2,337 | €4,496 | +€2,159 | +92.4% |
| Remuneration and social security | 454/9 | €2,682 | €7,431 | +€4,748 | +177.0% |
| Other amounts payable | 47/48 | €5,000 | €28,000 | +€23,000 | +460.0% |
| Accrued charges and deferred income | 492/3 | - | €2,199 | +€2,199 | |
| Remuneration, social security and pensions | 62 | €6,958 | €59,755 | +€52,797 | +758.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,265 | - | -€1,265 | |
| Other operating charges | 640/8 | €612 | - | -€612 | |
| Gross operating margin | 9900 | €5,132 | €40,199 | +€35,067 | +683.2% |
| Operating profit (loss) | 9901 | -€3,703 | -€19,556 | -€15,853 | -428.1% |
| Financial charges | 65/66B | €60 | €217 | +€157 | +261.4% |
| Recurring financial charges | 65 | €60 | €217 | +€157 | +261.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,763 | -€19,773 | -€16,010 | -425.5% |
| Profit (loss) for the period | 9904 | -€3,763 | -€19,773 | -€16,010 | -425.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,763 | -€19,773 | -€16,010 | -425.5% |
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 7 October 2026 via checked.be.