MOONDUST: 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.
MOONDUST
Largest movements
- Receivables within one year -€22,037
down €22,037 (-45.5%), from €48,416 to €26,379
of which Trade receivables: -€20,676
- Cash +€10,320
up €10,320 (+21.8%), from €47,279 to €57,599
mainly Receivables within one year (+€22,037) and Trade debts (+€2,385)
- Tangible fixed assets +€2,009
up €2,009 (+80.1%), from €2,507 to €4,516
- Profit (loss) carried forward -€5,227
down €5,227 (-8.3%), from €62,736 to €57,509
- Other debts -€4,021
down €4,021 (-94.3%), from €4,264 to €244
- Tax, wage and social debts -€3,368
down €3,368 (-74.8%), from €4,504 to €1,137
- Trade debts +€2,385
up €2,385 (+29.7%), from €8,026 to €10,411
- Gross operating margin -€39,457
down €39,457, from €36,564 to -€2,892
- Write-downs -€15,700
no longer reported in 2025 (was €15,700)
- Taxes -€5,287
down €5,287 (-96.9%), from €5,459 to €172
- Depreciation -€1,855
down €1,855 (-75.6%), from €2,453 to €599
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 | €100,420 | €90,278 | -€10,142 | -10.1% |
| Fixed assets | 21/28 | €2,707 | €4,516 | +€1,809 | +66.8% |
| Tangible fixed assets | 22/27 | €2,507 | €4,516 | +€2,009 | +80.1% |
| Furniture and vehicles | 24 | €2,507 | €4,516 | +€2,009 | +80.1% |
| Financial fixed assets | 28 | €200 | - | -€200 | |
| Current assets | 29/58 | €97,713 | €85,762 | -€11,952 | -12.2% |
| Amounts receivable within one year | 40/41 | €48,416 | €26,379 | -€22,037 | -45.5% |
| Trade receivables | 40 | €44,152 | €23,476 | -€20,676 | -46.8% |
| Other amounts receivable | 41 | €4,264 | €2,903 | -€1,361 | -31.9% |
| Cash at bank and in hand | 54/58 | €47,279 | €57,599 | +€10,320 | +21.8% |
| Deferred charges and accrued income | 490/1 | €2,019 | €1,784 | -€235 | -11.6% |
| Total equity and liabilities | 10/49 | €100,420 | €90,278 | -€10,142 | -10.1% |
| Equity | 10/15 | €83,196 | €77,969 | -€5,227 | -6.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,736 | €57,509 | -€5,227 | -8.3% |
| Amounts payable | 17/49 | €17,225 | €12,309 | -€4,915 | -28.5% |
| Amounts payable within one year | 42/48 | €17,225 | €12,309 | -€4,915 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €430 | €518 | +€88 | +20.5% |
| Trade debts | 44 | €8,026 | €10,411 | +€2,385 | +29.7% |
| Suppliers | 440/4 | €8,026 | €10,411 | +€2,385 | +29.7% |
| Taxes, remuneration and social security | 45 | €4,504 | €1,137 | -€3,368 | -74.8% |
| Taxes | 450/3 | €4,504 | €1,137 | -€3,368 | -74.8% |
| Other amounts payable | 47/48 | €4,264 | €244 | -€4,021 | -94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,453 | €599 | -€1,855 | -75.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,700 | - | -€15,700 | |
| Other operating charges | 640/8 | €392 | €387 | -€5 | -1.2% |
| Gross operating margin | 9900 | €36,564 | -€2,892 | -€39,457 | |
| Operating profit (loss) | 9901 | €18,019 | -€3,878 | -€21,897 | |
| Financial income | 75/76B | €277 | €318 | +€41 | +14.8% |
| Recurring financial income | 75 | €277 | €318 | +€41 | +14.8% |
| Financial charges | 65/66B | €1,346 | €1,495 | +€149 | +11.0% |
| Recurring financial charges | 65 | €1,346 | €1,495 | +€149 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €16,949 | -€5,055 | -€22,005 | |
| Income taxes | 67/77 | €5,459 | €172 | -€5,287 | -96.9% |
| Profit (loss) for the period | 9904 | €11,490 | -€5,227 | -€16,717 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,490 | -€5,227 | -€16,717 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.