MOOSEN: 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.
What changed
MOOSEN
NACE 43.320, Joinery installation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€74,087
2024 · €65,108+€8,979
Equity
€894,041
2024 · €819,955+€74,087
Cash
€464,794
2024 · €335,666+€129,129
Balance sheet total
€1.6m
2024 · €1.7m-€8,815
Largest movements
Assets
- Cash +€129,129
up €129,129 (+38.5%), from €335,666 to €464,794
mainly Depreciation (+€118,243) and Net result for the year (+€74,087)
- Tangible fixed assets -€117,812
down €117,812 (-10.2%), from €1.2m to €1.0m
Equity and liabilities
- Debts after one year -€95,920
down €95,920 (-15.6%), from €616,122 to €520,202
- Reserves +€74,087
up €74,087 (+9.8%), from €754,954 to €829,041
of which Distributable reserves: +€74,087
Income statement
- Gross operating margin +€14,554
up €14,554 (+3.9%), from €370,358 to €384,912
- Taxes +€5,363
up €5,363 (+20.9%), from €25,664 to €31,027
- Depreciation +€4,884
up €4,884 (+4.3%), from €113,359 to €118,243
- Financial charges -€3,898
down €3,898 (-15.5%), from €25,071 to €21,173
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.
Result 2024
€65,108
Gross operating margin
+€14,554
Staff costs
+€1,959
Depreciation
-€4,884
Other operating charges
-€161
Financial income
-€1,023
Financial charges
+€3,898
Taxes
-€5,363
Result 2025
€74,087
raises the resultlowers the result
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.
From operations
+€226,875
Investment
-€431
Financing
-€97,315
Cash 2024
€335,666
From operations (derived)
+€226,875
Net result for the year
+€74,087
Depreciation
+€118,243
Stocks and contracts
+€14,847
Receivables within one year
+€4,534
Deferred charges and accrued income
+€750
Trade debts
+€7,371
Tax, wage and social debts
+€4,763
Other debts
+€5,344
Accrued charges and deferred income
-€3,065
Investment (derived)
-€431
Investment in fixed assets (net)
-€431
Financing
-€97,315
Debts after one year
-€95,920
Current portion of long-term debt
-€1,395
Cash 2025
€464,794
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,653,090 | €1,644,275 | -€8,815 | -0.5% |
| Fixed assets | 21/28 | €1,156,118 | €1,038,306 | -€117,812 | -10.2% |
| Tangible fixed assets | 22/27 | €1,155,783 | €1,037,971 | -€117,812 | -10.2% |
| Land and buildings | 22 | €848,748 | €816,948 | -€31,800 | -3.7% |
| Plant, machinery and equipment | 23 | €181,603 | €141,623 | -€39,981 | -22.0% |
| Furniture and vehicles | 24 | €125,431 | €79,400 | -€46,031 | -36.7% |
| Financial fixed assets | 28 | €335 | €335 | = | 0.0% |
| Current assets | 29/58 | €496,972 | €605,969 | +€108,997 | +21.9% |
| Stocks and contracts in progress | 3 | €86,278 | €71,431 | -€14,847 | -17.2% |
| Stocks | 30/36 | €72,829 | €60,087 | -€12,741 | -17.5% |
| Contracts in progress | 37 | €13,449 | €11,343 | -€2,106 | -15.7% |
| Amounts receivable within one year | 40/41 | €71,336 | €66,802 | -€4,534 | -6.4% |
| Trade receivables | 40 | €51,239 | €46,257 | -€4,982 | -9.7% |
| Other amounts receivable | 41 | €20,097 | €20,545 | +€448 | +2.2% |
| Cash at bank and in hand | 54/58 | €335,666 | €464,794 | +€129,129 | +38.5% |
| Deferred charges and accrued income | 490/1 | €3,692 | €2,942 | -€750 | -20.3% |
| Total equity and liabilities | 10/49 | €1,653,090 | €1,644,275 | -€8,815 | -0.5% |
| Equity | 10/15 | €819,955 | €894,041 | +€74,087 | +9.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €754,954 | €829,041 | +€74,087 | +9.8% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €748,454 | €822,541 | +€74,087 | +9.9% |
| Amounts payable | 17/49 | €833,135 | €750,234 | -€82,902 | -10.0% |
| Amounts payable after more than one year | 17 | €616,122 | €520,202 | -€95,920 | -15.6% |
| Financial debts | 170/4 | €616,122 | €520,202 | -€95,920 | -15.6% |
| Amounts payable within one year | 42/48 | €195,919 | €212,002 | +€16,083 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €97,315 | €95,920 | -€1,395 | -1.4% |
| Trade debts | 44 | €46,255 | €53,626 | +€7,371 | +15.9% |
| Suppliers | 440/4 | €46,255 | €53,626 | +€7,371 | +15.9% |
| Taxes, remuneration and social security | 45 | €17,420 | €22,183 | +€4,763 | +27.3% |
| Taxes | 450/3 | €7,110 | €11,943 | +€4,833 | +68.0% |
| Remuneration and social security | 454/9 | €10,310 | €10,240 | -€70 | -0.7% |
| Other amounts payable | 47/48 | €34,929 | €40,273 | +€5,344 | +15.3% |
| Accrued charges and deferred income | 492/3 | €21,094 | €18,030 | -€3,065 | -14.5% |
| Remuneration, social security and pensions | 62 | €131,559 | €129,600 | -€1,959 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,359 | €118,243 | +€4,884 | +4.3% |
| Other operating charges | 640/8 | €12,588 | €12,749 | +€161 | +1.3% |
| Gross operating margin | 9900 | €370,358 | €384,912 | +€14,554 | +3.9% |
| Operating profit (loss) | 9901 | €112,852 | €124,320 | +€11,468 | +10.2% |
| Financial income | 75/76B | €2,990 | €1,967 | -€1,023 | -34.2% |
| Recurring financial income | 75 | €2,990 | €1,967 | -€1,023 | -34.2% |
| Financial charges | 65/66B | €25,071 | €21,173 | -€3,898 | -15.5% |
| Recurring financial charges | 65 | €25,071 | €21,173 | -€3,898 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €90,771 | €105,113 | +€14,342 | +15.8% |
| Income taxes | 67/77 | €25,664 | €31,027 | +€5,363 | +20.9% |
| Profit (loss) for the period | 9904 | €65,108 | €74,087 | +€8,979 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,108 | €74,087 | +€8,979 | +13.8% |
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 14 October 2026 via checked.be.