MOONBAG CAPITAL: 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.
MOONBAG CAPITAL
Largest movements
- Cash +€10,350
up €10,350 (+5.6%), from €185,791 to €196,141
mainly Trade debts (+€95,155) and Accrued charges and deferred income (+€6,389)
- Tangible fixed assets +€5,270
up €5,270, from €0 to €5,270
- Receivables within one year +€3,784
up €3,784 (+19.2%), from €19,737 to €23,521
of which Trade receivables: +€1,956
- Trade debts +€95,155
up €95,155 (+876%), from €10,861 to €106,016
- Profit (loss) carried forward -€82,216
down €82,216 (-272%), from -€30,252 to -€112,468
- Accrued charges and deferred income +€6,389
new in 2025: €6,389
- Gross operating margin -€105,826
down €105,826, from €24,945 to -€80,881
- Financial charges -€965
down €965 (-88.2%), from €1,094 to €129
- Other operating charges +€837
new in 2025: €837
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 | €205,609 | €224,938 | +€19,329 | +9.4% |
| Fixed assets | 21/28 | €0 | €5,270 | +€5,270 | |
| Tangible fixed assets | 22/27 | €0 | €5,270 | +€5,270 | |
| Furniture and vehicles | 24 | €0 | €5,270 | +€5,270 | |
| Current assets | 29/58 | €205,609 | €219,667 | +€14,058 | +6.8% |
| Amounts receivable within one year | 40/41 | €19,737 | €23,521 | +€3,784 | +19.2% |
| Trade receivables | 40 | €12,348 | €14,304 | +€1,956 | +15.8% |
| Other amounts receivable | 41 | €7,389 | €9,217 | +€1,828 | +24.7% |
| Cash at bank and in hand | 54/58 | €185,791 | €196,141 | +€10,350 | +5.6% |
| Deferred charges and accrued income | 490/1 | €82 | €6 | -€76 | -92.9% |
| Total equity and liabilities | 10/49 | €205,609 | €224,938 | +€19,329 | +9.4% |
| Equity | 10/15 | €194,748 | €112,532 | -€82,216 | -42.2% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,252 | -€112,468 | -€82,216 | -272% |
| Amounts payable | 17/49 | €10,861 | €112,406 | +€101,545 | +935% |
| Amounts payable within one year | 42/48 | €10,861 | €106,017 | +€95,156 | +876% |
| Financial debts | 43 | - | €1 | +€1 | |
| Other loans | 439 | - | €1 | +€1 | |
| Trade debts | 44 | €10,861 | €106,016 | +€95,155 | +876% |
| Suppliers | 440/4 | €10,861 | €106,016 | +€95,155 | +876% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €6,389 | +€6,389 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302 | €506 | +€205 | +67.8% |
| Other operating charges | 640/8 | - | €837 | +€837 | |
| Gross operating margin | 9900 | €24,945 | -€80,881 | -€105,826 | |
| Operating profit (loss) | 9901 | €24,643 | -€82,224 | -€106,867 | |
| Financial income | 75/76B | €0 | €137 | +€137 | |
| Recurring financial income | 75 | €0 | €137 | +€137 | |
| Financial charges | 65/66B | €1,094 | €129 | -€965 | -88.2% |
| Recurring financial charges | 65 | €1,094 | €129 | -€965 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €23,549 | -€82,216 | -€105,765 | |
| Income taxes | 67/77 | -€54 | €0 | +€54 | |
| Profit (loss) for the period | 9904 | €23,602 | -€82,216 | -€105,819 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,602 | -€82,216 | -€105,819 |
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 31 October 2026 via checked.be.