MOONLIGHTS: 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.
MOONLIGHTS
Largest movements
- Cash -€16,587
down €16,587 (-48.8%), from €33,960 to €17,373
mainly Current portion of long-term debt (-€15,570) and Contributions, distributions and other (-€7,647)
- Receivables within one year -€6,276
down €6,276 (-30.9%), from €20,301 to €14,024
of which Trade receivables: -€8,201
- Deferred charges and accrued income +€600
up €600 (+361.0%), from €166 to €766
- Current portion of long-term debt -€15,570
no longer reported in 2025 (was €15,570)
- Profit (loss) carried forward -€3,689
down €3,689 (-73.8%), from €5,000 to €1,311
- Tax, wage and social debts -€1,376
down €1,376 (-9.4%), from €14,689 to €13,313
- Other debts -€712
down €712 (-7.5%), from €9,546 to €8,834
- Trade debts -€644
down €644 (-11.9%), from €5,434 to €4,790
- Gross operating margin -€22,969
down €22,969 (-71.0%), from €32,330 to €9,361
- Taxes -€4,836
down €4,836 (-70.0%), from €6,912 to €2,076
- Financial charges -€685
down €685 (-28.1%), from €2,434 to €1,750
- Other operating charges +€522
up €522 (+134.8%), from €387 to €909
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 | €55,240 | €33,335 | -€21,905 | -39.7% |
| Fixed assets | 21/28 | €813 | €1,172 | +€359 | +44.2% |
| Tangible fixed assets | 22/27 | €813 | €1,172 | +€359 | +44.2% |
| Furniture and vehicles | 24 | €813 | €1,172 | +€359 | +44.2% |
| Current assets | 29/58 | €54,427 | €32,163 | -€22,264 | -40.9% |
| Amounts receivable within one year | 40/41 | €20,301 | €14,024 | -€6,276 | -30.9% |
| Trade receivables | 40 | €20,301 | €12,100 | -€8,201 | -40.4% |
| Other amounts receivable | 41 | - | €1,924 | +€1,924 | |
| Cash at bank and in hand | 54/58 | €33,960 | €17,373 | -€16,587 | -48.8% |
| Deferred charges and accrued income | 490/1 | €166 | €766 | +€600 | +361.0% |
| Total equity and liabilities | 10/49 | €55,240 | €33,335 | -€21,905 | -39.7% |
| Equity | 10/15 | €10,000 | €6,311 | -€3,689 | -36.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,000 | €1,311 | -€3,689 | -73.8% |
| Amounts payable | 17/49 | €45,240 | €27,024 | -€18,216 | -40.3% |
| Amounts payable within one year | 42/48 | €45,240 | €26,936 | -€18,303 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €15,570 | - | -€15,570 | |
| Trade debts | 44 | €5,434 | €4,790 | -€644 | -11.9% |
| Suppliers | 440/4 | €5,434 | €4,790 | -€644 | -11.9% |
| Taxes, remuneration and social security | 45 | €14,689 | €13,313 | -€1,376 | -9.4% |
| Taxes | 450/3 | €14,689 | €13,313 | -€1,376 | -9.4% |
| Other amounts payable | 47/48 | €9,546 | €8,834 | -€712 | -7.5% |
| Accrued charges and deferred income | 492/3 | - | €87 | +€87 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €976 | €669 | -€307 | -31.5% |
| Other operating charges | 640/8 | €387 | €909 | +€522 | +134.8% |
| Gross operating margin | 9900 | €32,330 | €9,361 | -€22,969 | -71.0% |
| Operating profit (loss) | 9901 | €30,967 | €7,783 | -€23,184 | -74.9% |
| Financial charges | 65/66B | €2,434 | €1,750 | -€685 | -28.1% |
| Recurring financial charges | 65 | €2,434 | €1,750 | -€685 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €28,533 | €6,034 | -€22,499 | -78.9% |
| Income taxes | 67/77 | €6,912 | €2,076 | -€4,836 | -70.0% |
| Profit (loss) for the period | 9904 | €21,621 | €3,958 | -€17,663 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,621 | €3,958 | -€17,663 | -81.7% |
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 5 October 2026 via checked.be.