MOOR: 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.
MOOR
Largest movements
- Receivables within one year -€50,709
down €50,709 (-62.8%), from €80,709 to €30,001
of which Trade receivables: -€44,812
- Cash -€42,425
down €42,425 (-55.1%), from €76,971 to €34,547
mainly Trade debts (-€51,753) and Stocks and contracts (-€24,062)
- Stocks and contracts +€24,062
up €24,062 (+16.4%), from €146,474 to €170,537
- Tangible fixed assets -€20,921
down €20,921 (-25.8%), from €81,159 to €60,239
of which Furniture and vehicles: -€12,347
- Trade debts -€51,753
down €51,753 (-72.2%), from €71,699 to €19,946
- Tax, wage and social debts -€18,285
down €18,285 (-52.0%), from €35,147 to €16,862
of which Taxes: -€17,481
- Profit (loss) carried forward -€11,414
down €11,414 (-199.5%), from -€5,722 to -€17,136
- Debts after one year -€7,707
no longer reported in 2025 (was €7,707)
- Gross operating margin -€7,345
down €7,345 (-23.6%), from €31,100 to €23,755
- Staff costs -€4,423
down €4,423 (-76.6%), from €5,772 to €1,349
- Financial charges -€1,927
down €1,927 (-20.8%), from €9,263 to €7,336
- Depreciation +€661
up €661 (+3.1%), from €21,052 to €21,713
- Other operating charges -€324
down €324 (-6.3%), from €5,110 to €4,786
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 | €399,604 | €306,951 | -€92,653 | -23.2% |
| Fixed assets | 21/28 | €81,239 | €60,319 | -€20,921 | -25.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €81,159 | €60,239 | -€20,921 | -25.8% |
| Plant, machinery and equipment | 23 | €5,856 | €4,285 | -€1,571 | -26.8% |
| Furniture and vehicles | 24 | €44,501 | €32,154 | -€12,347 | -27.7% |
| Other tangible fixed assets | 26 | €30,802 | €23,799 | -€7,003 | -22.7% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €318,364 | €246,632 | -€71,732 | -22.5% |
| Amounts receivable after more than one year | 29 | €6,235 | €3,158 | -€3,077 | -49.4% |
| Other amounts receivable | 291 | €6,235 | €3,158 | -€3,077 | -49.4% |
| Stocks and contracts in progress | 3 | €146,474 | €170,537 | +€24,062 | +16.4% |
| Stocks | 30/36 | €146,474 | €170,537 | +€24,062 | +16.4% |
| Amounts receivable within one year | 40/41 | €80,709 | €30,001 | -€50,709 | -62.8% |
| Trade receivables | 40 | €63,556 | €18,743 | -€44,812 | -70.5% |
| Other amounts receivable | 41 | €17,154 | €11,258 | -€5,896 | -34.4% |
| Cash at bank and in hand | 54/58 | €76,971 | €34,547 | -€42,425 | -55.1% |
| Deferred charges and accrued income | 490/1 | €7,975 | €8,391 | +€416 | +5.2% |
| Total equity and liabilities | 10/49 | €399,604 | €306,951 | -€92,653 | -23.2% |
| Equity | 10/15 | €92,478 | €81,064 | -€11,414 | -12.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €36,200 | €36,200 | = | 0.0% |
| Distributable reserves | 133 | €36,200 | €36,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,722 | -€17,136 | -€11,414 | -199.5% |
| Amounts payable | 17/49 | €307,126 | €225,887 | -€81,238 | -26.5% |
| Amounts payable after more than one year | 17 | €7,707 | - | -€7,707 | |
| Financial debts | 170/4 | €7,707 | - | -€7,707 | |
| Amounts payable within one year | 42/48 | €292,735 | €221,051 | -€71,684 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €10,161 | €7,707 | -€2,454 | -24.1% |
| Financial debts | 43 | €175,625 | €175,625 | = | 0.0% |
| Credit institutions | 430/8 | €175,625 | €175,625 | = | 0.0% |
| Trade debts | 44 | €71,699 | €19,946 | -€51,753 | -72.2% |
| Suppliers | 440/4 | €71,699 | €19,946 | -€51,753 | -72.2% |
| Advances received on contracts in progress | 46 | - | €900 | +€900 | |
| Taxes, remuneration and social security | 45 | €35,147 | €16,862 | -€18,285 | -52.0% |
| Taxes | 450/3 | €34,343 | €16,862 | -€17,481 | -50.9% |
| Remuneration and social security | 454/9 | €804 | - | -€804 | |
| Other amounts payable | 47/48 | €103 | €11 | -€92 | -89.7% |
| Accrued charges and deferred income | 492/3 | €6,683 | €4,837 | -€1,847 | -27.6% |
| Remuneration, social security and pensions | 62 | €5,772 | €1,349 | -€4,423 | -76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,052 | €21,713 | +€661 | +3.1% |
| Other operating charges | 640/8 | €5,110 | €4,786 | -€324 | -6.3% |
| Gross operating margin | 9900 | €31,100 | €23,755 | -€7,345 | -23.6% |
| Operating profit (loss) | 9901 | -€834 | -€4,094 | -€3,259 | -390.8% |
| Financial income | 75/76B | €347 | €210 | -€137 | -39.4% |
| Recurring financial income | 75 | €347 | €210 | -€137 | -39.4% |
| Financial charges | 65/66B | €9,263 | €7,336 | -€1,927 | -20.8% |
| Recurring financial charges | 65 | €9,263 | €7,336 | -€1,927 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,750 | -€11,219 | -€1,469 | -15.1% |
| Income taxes | 67/77 | €216 | €195 | -€21 | -9.5% |
| Profit (loss) for the period | 9904 | -€9,966 | -€11,414 | -€1,448 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,966 | -€11,414 | -€1,448 | -14.5% |
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 3 October 2026 via checked.be.