moov.law: 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.
moov.law
Largest movements
- Receivables within one year +€85,436
up €85,436 (+20.8%), from €411,327 to €496,763
of which Trade receivables: +€109,480
- Cash -€65,641
down €65,641 (-40.6%), from €161,801 to €96,161
mainly Other debts (-€103,257) and Receivables within one year (-€85,436)
- Tangible fixed assets +€23,282
up €23,282 (+60.7%), from €38,373 to €61,655
of which Other tangible fixed assets: +€23,557
- Deferred charges and accrued income +€11,685
up €11,685 (+66.1%), from €17,689 to €29,374
- Other debts -€103,257
down €103,257 (-96.2%), from €107,295 to €4,039
- Profit (loss) carried forward +€59,980
up €59,980 (+36.1%), from €166,159 to €226,140
- Trade debts +€39,460
up €39,460 (+22.0%), from €179,660 to €219,120
- Debts after one year +€33,148
up €33,148 (+340%), from €9,748 to €42,897
- Tax, wage and social debts +€22,807
up €22,807 (+109%), from €20,902 to €43,710
of which Taxes: +€21,632
- Gross operating margin +€105,301
up €105,301 (+59.8%), from €176,184 to €281,485
- Staff costs +€51,898
up €51,898 (+69.5%), from €74,712 to €126,610
- Write-downs +€27,493
up €27,493 (+1,038%), from €2,648 to €30,141
- Financial charges +€4,061
up €4,061 (+46.7%), from €8,701 to €12,763
- Financial income +€2,840
up €2,840 (+984%), from €289 to €3,129
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 | €631,417 | €686,178 | +€54,762 | +8.7% |
| Fixed assets | 21/28 | €40,598 | €63,880 | +€23,282 | +57.3% |
| Tangible fixed assets | 22/27 | €38,373 | €61,655 | +€23,282 | +60.7% |
| Plant, machinery and equipment | 23 | €9,210 | €15,931 | +€6,721 | +73.0% |
| Furniture and vehicles | 24 | €10,067 | €3,071 | -€6,996 | -69.5% |
| Other tangible fixed assets | 26 | €19,096 | €42,653 | +€23,557 | +123% |
| Financial fixed assets | 28 | €2,225 | €2,225 | = | 0.0% |
| Current assets | 29/58 | €590,818 | €622,298 | +€31,480 | +5.3% |
| Amounts receivable within one year | 40/41 | €411,327 | €496,763 | +€85,436 | +20.8% |
| Trade receivables | 40 | €378,612 | €488,092 | +€109,480 | +28.9% |
| Other amounts receivable | 41 | €32,715 | €8,671 | -€24,044 | -73.5% |
| Cash at bank and in hand | 54/58 | €161,801 | €96,161 | -€65,641 | -40.6% |
| Deferred charges and accrued income | 490/1 | €17,689 | €29,374 | +€11,685 | +66.1% |
| Total equity and liabilities | 10/49 | €631,417 | €686,178 | +€54,762 | +8.7% |
| Equity | 10/15 | €184,759 | €244,740 | +€59,980 | +32.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,159 | €226,140 | +€59,980 | +36.1% |
| Amounts payable | 17/49 | €446,657 | €441,439 | -€5,219 | -1.2% |
| Amounts payable after more than one year | 17 | €9,748 | €42,897 | +€33,148 | +340% |
| Financial debts | 170/4 | €9,748 | €42,897 | +€33,148 | +340% |
| Amounts payable within one year | 42/48 | €430,464 | €398,153 | -€32,311 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €16,526 | €20,983 | +€4,457 | +27.0% |
| Financial debts | 43 | €104,223 | €106,726 | +€2,504 | +2.4% |
| Credit institutions | 430/8 | €104,223 | €106,726 | +€2,504 | +2.4% |
| Trade debts | 44 | €179,660 | €219,120 | +€39,460 | +22.0% |
| Suppliers | 440/4 | €179,660 | €219,120 | +€39,460 | +22.0% |
| Advances received on contracts in progress | 46 | €1,858 | €3,576 | +€1,718 | +92.5% |
| Taxes, remuneration and social security | 45 | €20,902 | €43,710 | +€22,807 | +109% |
| Taxes | 450/3 | €8,066 | €29,698 | +€21,632 | +268% |
| Remuneration and social security | 454/9 | €12,837 | €14,012 | +€1,175 | +9.2% |
| Other amounts payable | 47/48 | €107,295 | €4,039 | -€103,257 | -96.2% |
| Accrued charges and deferred income | 492/3 | €6,445 | €389 | -€6,056 | -94.0% |
| Remuneration, social security and pensions | 62 | €74,712 | €126,610 | +€51,898 | +69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,844 | €18,312 | -€1,532 | -7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,648 | €30,141 | +€27,493 | +1,038% |
| Other operating charges | 640/8 | €10,872 | €12,003 | +€1,130 | +10.4% |
| Gross operating margin | 9900 | €176,184 | €281,485 | +€105,301 | +59.8% |
| Operating profit (loss) | 9901 | €68,107 | €94,420 | +€26,312 | +38.6% |
| Financial income | 75/76B | €289 | €3,129 | +€2,840 | +984% |
| Recurring financial income | 75 | €289 | €3,129 | +€2,840 | +984% |
| Financial charges | 65/66B | €8,701 | €12,763 | +€4,061 | +46.7% |
| Recurring financial charges | 65 | €8,701 | €12,763 | +€4,061 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €59,695 | €84,786 | +€25,091 | +42.0% |
| Income taxes | 67/77 | €22,681 | €24,806 | +€2,125 | +9.4% |
| Profit (loss) for the period | 9904 | €37,014 | €59,980 | +€22,966 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,014 | €59,980 | +€22,966 | +62.0% |
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 24 October 2026 via checked.be.