MOON Z: 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 Z
Largest movements
- Stocks and contracts +€30,972
up €30,972 (+13.5%), from €230,037 to €261,009
- Cash -€19,076
down €19,076 (-77.3%), from €24,684 to €5,608
mainly Net result for the year (-€42,784) and Stocks and contracts (-€30,972)
- Tax, wage and social debts +€16,858
up €16,858 (+57.0%), from €29,565 to €46,423
of which Taxes: +€18,468
- Other debts -€13,251
down €13,251 (-13.8%), from €96,099 to €82,848
- Trade debts +€8,727
up €8,727 (+13.8%), from €63,076 to €71,803
- Debts after one year -€2,910
down €2,910 (-6.3%), from €45,951 to €43,041
of which Financial debts: -€2,910
- Purchases and services +€51,345
up €51,345 (+11.1%), from €462,932 to €514,277
- Gross operating margin -€46,993
down €46,993 (-46.8%), from €100,442 to €53,449
- Turnover +€20,878
up €20,878 (+4.7%), from €447,998 to €468,876
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 | €255,051 | €266,947 | +€11,896 | +4.7% |
| Fixed assets | 21/28 | €330 | €330 | = | 0.0% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €254,721 | €266,617 | +€11,896 | +4.7% |
| Stocks and contracts in progress | 3 | €230,037 | €261,009 | +€30,972 | +13.5% |
| Stocks | 30/36 | €230,037 | €261,009 | +€30,972 | +13.5% |
| Cash at bank and in hand | 54/58 | €24,684 | €5,608 | -€19,076 | -77.3% |
| Total equity and liabilities | 10/49 | €255,051 | €266,947 | +€11,896 | +4.7% |
| Equity | 10/15 | €20,360 | €22,832 | +€2,472 | +12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €2,135 | €2,135 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,135 | €2,135 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,135 | €2,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,025 | €14,497 | +€2,472 | +20.6% |
| Amounts payable | 17/49 | €234,691 | €244,115 | +€9,424 | +4.0% |
| Amounts payable after more than one year | 17 | €45,951 | €43,041 | -€2,910 | -6.3% |
| Financial debts | 170/4 | €41,336 | €38,426 | -€2,910 | -7.0% |
| Other amounts payable | 178/9 | €4,615 | €4,615 | = | 0.0% |
| Amounts payable within one year | 42/48 | €188,740 | €201,074 | +€12,334 | +6.5% |
| Trade debts | 44 | €63,076 | €71,803 | +€8,727 | +13.8% |
| Suppliers | 440/4 | €63,076 | €71,803 | +€8,727 | +13.8% |
| Taxes, remuneration and social security | 45 | €29,565 | €46,423 | +€16,858 | +57.0% |
| Taxes | 450/3 | €17,888 | €36,356 | +€18,468 | +103% |
| Remuneration and social security | 454/9 | €11,677 | €10,067 | -€1,610 | -13.8% |
| Other amounts payable | 47/48 | €96,099 | €82,848 | -€13,251 | -13.8% |
| Turnover | 70 | €447,998 | €468,876 | +€20,878 | +4.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €462,932 | €514,277 | +€51,345 | +11.1% |
| Remuneration, social security and pensions | 62 | €93,292 | €90,953 | -€2,339 | -2.5% |
| Other operating charges | 640/8 | €1,215 | €759 | -€456 | -37.5% |
| Gross operating margin | 9900 | €100,442 | €53,449 | -€46,993 | -46.8% |
| Operating profit (loss) | 9901 | €5,935 | -€38,263 | -€44,198 | |
| Financial charges | 65/66B | €2,398 | €3,903 | +€1,505 | +62.8% |
| Recurring financial charges | 65 | €2,398 | €3,903 | +€1,505 | +62.8% |
| Profit (loss) for the period before taxes | 9903 | €3,537 | -€42,166 | -€45,703 | |
| Income taxes | 67/77 | - | €618 | +€618 | |
| Profit (loss) for the period | 9904 | €3,537 | -€42,784 | -€46,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,537 | -€42,784 | -€46,321 |
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.