Moonbeat: 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.
Moonbeat
Largest movements
- Receivables within one year -€57,848
down €57,848 (-94.9%), from €60,962 to €3,114
of which Trade receivables: -€47,996
- Tangible fixed assets +€36,614
up €36,614 (+12.3%), from €297,547 to €334,161
of which Other tangible fixed assets: +€46,734
- Other debts +€219,562
up €219,562 (+10.0%), from €2.2m to €2.4m
- Profit (loss) carried forward -€169,979
down €169,979 (-8.5%), from -€2.0m to -€2.2m
- Trade debts -€34,725
down €34,725 (-49.4%), from €70,323 to €35,598
- Debts after one year -€18,536
no longer reported in 2025 (was €18,536)
- Current portion of long-term debt -€17,955
down €17,955 (-49.2%), from €36,491 to €18,536
- Gross operating margin -€47,609
down €47,609, from €13,354 to -€34,255
- Purchases and services -€36,471
down €36,471 (-41.5%), from €87,885 to €51,415
- Turnover -€24,738
down €24,738 (-82.5%), from €29,981 to €5,242
- Financial charges -€6,531
down €6,531 (-5.7%), from €114,970 to €108,440
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 | €368,000 | €346,143 | -€21,857 | -5.9% |
| Fixed assets | 21/28 | €297,547 | €334,161 | +€36,614 | +12.3% |
| Tangible fixed assets | 22/27 | €297,547 | €334,161 | +€36,614 | +12.3% |
| Land and buildings | 22 | €276,564 | €266,559 | -€10,005 | -3.6% |
| Plant, machinery and equipment | 23 | €12 | - | -€12 | |
| Furniture and vehicles | 24 | €103 | - | -€103 | |
| Other tangible fixed assets | 26 | €20,868 | €67,602 | +€46,734 | +223.9% |
| Current assets | 29/58 | €70,454 | €11,982 | -€58,472 | -83.0% |
| Amounts receivable within one year | 40/41 | €60,962 | €3,114 | -€57,848 | -94.9% |
| Trade receivables | 40 | €47,996 | - | -€47,996 | |
| Other amounts receivable | 41 | €12,967 | €3,114 | -€9,853 | -76.0% |
| Cash at bank and in hand | 54/58 | €7,724 | €5,947 | -€1,777 | -23.0% |
| Deferred charges and accrued income | 490/1 | €1,768 | €2,922 | +€1,154 | +65.3% |
| Total equity and liabilities | 10/49 | €368,000 | €346,143 | -€21,857 | -5.9% |
| Equity | 10/15 | -€1,944,808 | -€2,114,787 | -€169,979 | -8.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,006,808 | -€2,176,787 | -€169,979 | -8.5% |
| Amounts payable | 17/49 | €2,312,809 | €2,460,930 | +€148,121 | +6.4% |
| Amounts payable after more than one year | 17 | €18,536 | - | -€18,536 | |
| Financial debts | 170/4 | €18,536 | - | -€18,536 | |
| Amounts payable within one year | 42/48 | €2,294,048 | €2,460,930 | +€166,882 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €36,491 | €18,536 | -€17,955 | -49.2% |
| Trade debts | 44 | €70,323 | €35,598 | -€34,725 | -49.4% |
| Suppliers | 440/4 | €70,323 | €35,598 | -€34,725 | -49.4% |
| Other amounts payable | 47/48 | €2,187,234 | €2,406,796 | +€219,562 | +10.0% |
| Accrued charges and deferred income | 492/3 | €225 | - | -€225 | |
| Turnover | 70 | €29,981 | €5,242 | -€24,738 | -82.5% |
| Non-recurring operating income | 76A | €27,475 | - | -€27,475 | |
| Goods, raw materials, services and sundry goods | 60/61 | €87,885 | €51,415 | -€36,471 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,735 | €22,409 | -€326 | -1.4% |
| Other operating charges | 640/8 | €4,918 | €4,874 | -€43 | -0.9% |
| Gross operating margin | 9900 | €13,354 | -€34,255 | -€47,609 | |
| Operating profit (loss) | 9901 | -€14,299 | -€61,539 | -€47,240 | -330.4% |
| Financial charges | 65/66B | €114,970 | €108,440 | -€6,531 | -5.7% |
| Recurring financial charges | 65 | €114,970 | €108,440 | -€6,531 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€129,269 | -€169,979 | -€40,709 | -31.5% |
| Profit (loss) for the period | 9904 | -€129,269 | -€169,979 | -€40,709 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€129,269 | -€169,979 | -€40,709 | -31.5% |
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 11 October 2026 via checked.be.