MOORMA: 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.
MOORMA
Largest movements
- Cash +€76,297
up €76,297 (+68.2%), from €111,933 to €188,231
mainly Net result for the year (+€55,451) and Other debts (+€30,000)
- Stocks and contracts -€8,095
down €8,095 (-38.2%), from €21,170 to €13,075
- Tangible fixed assets -€7,002
down €7,002 (-7.4%), from €94,271 to €87,269
- Deferred charges and accrued income -€4,309
down €4,309 (-75.3%), from €5,724 to €1,414
- Other debts +€30,000
up €30,000 (+9044.0%), from €332 to €30,332
- Reserves +€25,451
up €25,451 (+22.3%), from €114,364 to €139,815
of which Distributable reserves: +€25,451
- Tax, wage and social debts +€23,921
up €23,921 (+50.1%), from €47,760 to €71,681
of which Taxes: +€19,738
- Debts after one year -€16,960
down €16,960 (-54.3%), from €31,233 to €14,273
- Gross operating margin +€45,534
up €45,534 (+7.5%), from €607,294 to €652,828
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 | €301,827 | €359,114 | +€57,287 | +19.0% |
| Fixed assets | 21/28 | €94,271 | €90,419 | -€3,852 | -4.1% |
| Tangible fixed assets | 22/27 | €94,271 | €87,269 | -€7,002 | -7.4% |
| Plant, machinery and equipment | 23 | €35,624 | €32,342 | -€3,282 | -9.2% |
| Furniture and vehicles | 24 | €5,144 | €2,941 | -€2,203 | -42.8% |
| Other tangible fixed assets | 26 | €53,503 | €51,987 | -€1,516 | -2.8% |
| Financial fixed assets | 28 | - | €3,150 | +€3,150 | |
| Current assets | 29/58 | €207,556 | €268,695 | +€61,139 | +29.5% |
| Stocks and contracts in progress | 3 | €21,170 | €13,075 | -€8,095 | -38.2% |
| Stocks | 30/36 | €21,170 | €13,075 | -€8,095 | -38.2% |
| Amounts receivable within one year | 40/41 | €68,729 | €65,975 | -€2,755 | -4.0% |
| Trade receivables | 40 | €152 | €198 | +€46 | +30.3% |
| Other amounts receivable | 41 | €68,577 | €65,776 | -€2,801 | -4.1% |
| Cash at bank and in hand | 54/58 | €111,933 | €188,231 | +€76,297 | +68.2% |
| Deferred charges and accrued income | 490/1 | €5,724 | €1,414 | -€4,309 | -75.3% |
| Total equity and liabilities | 10/49 | €301,827 | €359,114 | +€57,287 | +19.0% |
| Equity | 10/15 | €120,564 | €146,015 | +€25,451 | +21.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,364 | €139,815 | +€25,451 | +22.3% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €107,364 | €132,815 | +€25,451 | +23.7% |
| Amounts payable | 17/49 | €181,263 | €213,099 | +€31,836 | +17.6% |
| Amounts payable after more than one year | 17 | €31,233 | €14,273 | -€16,960 | -54.3% |
| Financial debts | 170/4 | €31,233 | €14,273 | -€16,960 | -54.3% |
| Amounts payable within one year | 42/48 | €150,030 | €198,826 | +€48,796 | +32.5% |
| Current portion of amounts payable after more than one year | 42 | €16,414 | €16,960 | +€546 | +3.3% |
| Financial debts | 43 | €9,824 | €6,897 | -€2,927 | -29.8% |
| Credit institutions | 430/8 | €9,824 | €6,897 | -€2,927 | -29.8% |
| Trade debts | 44 | €75,700 | €72,957 | -€2,743 | -3.6% |
| Suppliers | 440/4 | €75,700 | €72,957 | -€2,743 | -3.6% |
| Taxes, remuneration and social security | 45 | €47,760 | €71,681 | +€23,921 | +50.1% |
| Taxes | 450/3 | €3,376 | €23,114 | +€19,738 | +584.7% |
| Remuneration and social security | 454/9 | €44,384 | €48,567 | +€4,183 | +9.4% |
| Other amounts payable | 47/48 | €332 | €30,332 | +€30,000 | +9044.0% |
| Non-recurring operating income | 76A | - | €704 | +€704 | |
| Remuneration, social security and pensions | 62 | €557,153 | €558,015 | +€862 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,763 | €23,366 | -€398 | -1.7% |
| Other operating charges | 640/8 | €3,003 | €1,804 | -€1,199 | -39.9% |
| Gross operating margin | 9900 | €607,294 | €652,828 | +€45,534 | +7.5% |
| Operating profit (loss) | 9901 | €23,375 | €69,643 | +€46,269 | +197.9% |
| Financial income | 75/76B | €33 | €4 | -€30 | -89.3% |
| Recurring financial income | 75 | €33 | €4 | -€30 | -89.3% |
| Financial charges | 65/66B | €5,741 | €6,385 | +€644 | +11.2% |
| Recurring financial charges | 65 | €5,741 | €6,385 | +€644 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €17,667 | €63,262 | +€45,595 | +258.1% |
| Income taxes | 67/77 | €1,606 | €7,811 | +€6,205 | +386.3% |
| Profit (loss) for the period | 9904 | €16,061 | €55,451 | +€39,390 | +245.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,061 | €55,451 | +€39,390 | +245.3% |
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 1 October 2026 via checked.be.