MOONWALK MANAGEMENT: 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.
MOONWALK MANAGEMENT
Largest movements
- Receivables within one year +€34,081
up €34,081 (+57.6%), from €59,196 to €93,277
of which Trade receivables: +€21,056
- Cash +€4,472
up €4,472 (+109%), from €4,097 to €8,568
mainly Other debts (+€55,105) and Trade debts (+€22,229)
- Tangible fixed assets -€1,425
down €1,425 (-42.5%), from €3,355 to €1,929
- Profit (loss) carried forward -€61,547
no longer reported in 2025 (was €61,547)
- Other debts +€55,105
new in 2025: €55,105
- Trade debts +€22,229
up €22,229 (+1,259%), from €1,766 to €23,995
- Tax, wage and social debts +€20,245
up €20,245 (+6,055%), from €334 to €20,579
- Short-term financial debts +€1,096
new in 2025: €1,096
- Gross operating margin +€27,780
up €27,780, from -€6,159 to €21,621
- Other operating charges +€7,361
up €7,361 (+1,900%), from €387 to €7,748
- Taxes +€5,609
up €5,609 (+1,677%), from €334 to €5,943
- Financial charges -€479
down €479 (-36.0%), from €1,330 to €851
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 | €66,647 | €103,774 | +€37,127 | +55.7% |
| Fixed assets | 21/28 | €3,355 | €1,929 | -€1,425 | -42.5% |
| Tangible fixed assets | 22/27 | €3,355 | €1,929 | -€1,425 | -42.5% |
| Furniture and vehicles | 24 | €3,355 | €1,929 | -€1,425 | -42.5% |
| Current assets | 29/58 | €63,292 | €101,845 | +€38,553 | +60.9% |
| Amounts receivable within one year | 40/41 | €59,196 | €93,277 | +€34,081 | +57.6% |
| Trade receivables | 40 | - | €21,056 | +€21,056 | |
| Other amounts receivable | 41 | €59,196 | €72,221 | +€13,025 | +22.0% |
| Cash at bank and in hand | 54/58 | €4,097 | €8,568 | +€4,472 | +109% |
| Total equity and liabilities | 10/49 | €66,647 | €103,774 | +€37,127 | +55.7% |
| Equity | 10/15 | €64,547 | €3,000 | -€61,547 | -95.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,547 | - | -€61,547 | |
| Amounts payable | 17/49 | €2,100 | €100,774 | +€98,674 | +4,698% |
| Amounts payable within one year | 42/48 | €2,100 | €100,774 | +€98,674 | +4,698% |
| Financial debts | 43 | - | €1,096 | +€1,096 | |
| Credit institutions | 430/8 | - | €1,096 | +€1,096 | |
| Trade debts | 44 | €1,766 | €23,995 | +€22,229 | +1,259% |
| Suppliers | 440/4 | €1,766 | €23,995 | +€22,229 | +1,259% |
| Taxes, remuneration and social security | 45 | €334 | €20,579 | +€20,245 | +6,055% |
| Taxes | 450/3 | €334 | €20,579 | +€20,245 | +6,055% |
| Other amounts payable | 47/48 | - | €55,105 | +€55,105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,425 | €1,425 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €7,748 | +€7,361 | +1,900% |
| Gross operating margin | 9900 | -€6,159 | €21,621 | +€27,780 | |
| Operating profit (loss) | 9901 | -€7,971 | €12,448 | +€20,419 | |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €1,330 | €851 | -€479 | -36.0% |
| Recurring financial charges | 65 | €1,330 | €851 | -€479 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,266 | €11,597 | +€20,863 | |
| Income taxes | 67/77 | €334 | €5,943 | +€5,609 | +1,677% |
| Profit (loss) for the period | 9904 | -€9,600 | €5,654 | +€15,254 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,600 | €5,654 | +€15,254 |
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 16 October 2026 via checked.be.