Moose Research: 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.
Moose Research
Largest movements
- Cash +€32,606
up €32,606 (+3,181%), from €1,025 to €33,631
mainly Receivables within one year (+€27,160) and Tax, wage and social debts (+€9,576)
- Receivables within one year -€27,160
down €27,160 (-50.5%), from €53,737 to €26,578
of which Trade receivables: -€23,134
- Deferred charges and accrued income -€1,381
down €1,381 (-37.7%), from €3,661 to €2,280
- Tangible fixed assets -€1,092
down €1,092 (-24.9%), from €4,379 to €3,287
- Tax, wage and social debts +€9,576
up €9,576 (+123%), from €7,809 to €17,385
- Profit (loss) carried forward -€4,070
down €4,070 (-71.6%), from -€5,684 to -€9,753
- Trade debts -€3,198
down €3,198 (-47.1%), from €6,788 to €3,590
- Other debts +€664
up €664 (+2.0%), from €33,429 to €34,094
- Other operating charges -€1,091
down €1,091 (-71.2%), from €1,532 to €442
- Financial charges -€603
down €603 (-33.2%), from €1,818 to €1,215
- Taxes +€199
up €199 (+5.8%), from €3,445 to €3,644
- Depreciation -€173
down €173 (-7.6%), from €2,276 to €2,103
- Gross operating margin -€53
down €53 (-1.6%), from €3,387 to €3,334
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 | €62,803 | €65,776 | +€2,973 | +4.7% |
| Fixed assets | 21/28 | €4,379 | €3,287 | -€1,092 | -24.9% |
| Tangible fixed assets | 22/27 | €4,379 | €3,287 | -€1,092 | -24.9% |
| Furniture and vehicles | 24 | €4,379 | €3,287 | -€1,092 | -24.9% |
| Current assets | 29/58 | €58,423 | €62,489 | +€4,066 | +7.0% |
| Amounts receivable within one year | 40/41 | €53,737 | €26,578 | -€27,160 | -50.5% |
| Trade receivables | 40 | €47,576 | €24,442 | -€23,134 | -48.6% |
| Other amounts receivable | 41 | €6,161 | €2,136 | -€4,026 | -65.3% |
| Cash at bank and in hand | 54/58 | €1,025 | €33,631 | +€32,606 | +3,181% |
| Deferred charges and accrued income | 490/1 | €3,661 | €2,280 | -€1,381 | -37.7% |
| Total equity and liabilities | 10/49 | €62,803 | €65,776 | +€2,973 | +4.7% |
| Equity | 10/15 | €14,776 | €10,707 | -€4,070 | -27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,684 | -€9,753 | -€4,070 | -71.6% |
| Amounts payable | 17/49 | €48,026 | €55,069 | +€7,043 | +14.7% |
| Amounts payable within one year | 42/48 | €48,026 | €55,069 | +€7,043 | +14.7% |
| Trade debts | 44 | €6,788 | €3,590 | -€3,198 | -47.1% |
| Suppliers | 440/4 | €6,788 | €3,590 | -€3,198 | -47.1% |
| Taxes, remuneration and social security | 45 | €7,809 | €17,385 | +€9,576 | +123% |
| Taxes | 450/3 | €7,809 | €17,385 | +€9,576 | +123% |
| Other amounts payable | 47/48 | €33,429 | €34,094 | +€664 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,276 | €2,103 | -€173 | -7.6% |
| Other operating charges | 640/8 | €1,532 | €442 | -€1,091 | -71.2% |
| Gross operating margin | 9900 | €3,387 | €3,334 | -€53 | -1.6% |
| Operating profit (loss) | 9901 | -€421 | €789 | +€1,210 | |
| Financial charges | 65/66B | €1,818 | €1,215 | -€603 | -33.2% |
| Recurring financial charges | 65 | €1,818 | €1,215 | -€603 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,239 | -€425 | +€1,813 | +81.0% |
| Income taxes | 67/77 | €3,445 | €3,644 | +€199 | +5.8% |
| Profit (loss) for the period | 9904 | -€5,684 | -€4,070 | +€1,614 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,684 | -€4,070 | +€1,614 | +28.4% |
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 13 October 2026 via checked.be.