MOPA: 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.
MOPA
Largest movements
- Tangible fixed assets -€20,289
down €20,289 (-3.8%), from €528,705 to €508,417
- Debts after one year -€9,273
down €9,273 (-24.5%), from €37,821 to €28,548
- Reserves -€9,253
down €9,253 (-4.3%), from €214,078 to €204,825
of which Tax-exempt reserves: -€9,253
- Gross operating margin +€3,896
up €3,896 (+40.6%), from €9,599 to €13,495
- Other operating charges -€898
down €898 (-31.2%), from €2,879 to €1,981
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 | €529,235 | €509,249 | -€19,986 | -3.8% |
| Fixed assets | 21/28 | €528,705 | €508,417 | -€20,289 | -3.8% |
| Tangible fixed assets | 22/27 | €528,705 | €508,417 | -€20,289 | -3.8% |
| Land and buildings | 22 | €528,705 | €508,417 | -€20,289 | -3.8% |
| Current assets | 29/58 | €530 | €832 | +€302 | +57.0% |
| Cash at bank and in hand | 54/58 | €530 | €832 | +€302 | +57.0% |
| Total equity and liabilities | 10/49 | €529,235 | €509,249 | -€19,986 | -3.8% |
| Equity | 10/15 | €228,245 | €222,403 | -€5,842 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €214,078 | €204,825 | -€9,253 | -4.3% |
| Tax-exempt reserves | 132 | €212,582 | €203,329 | -€9,253 | -4.4% |
| Distributable reserves | 133 | €1,497 | €1,497 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,433 | -€1,022 | +€3,411 | +77.0% |
| Provisions and deferred taxes | 16 | €67,807 | €63,920 | -€3,887 | -5.7% |
| Deferred taxes | 168 | €67,807 | €63,920 | -€3,887 | -5.7% |
| Amounts payable | 17/49 | €233,183 | €222,926 | -€10,258 | -4.4% |
| Amounts payable after more than one year | 17 | €37,821 | €28,548 | -€9,273 | -24.5% |
| Financial debts | 170/4 | €37,821 | €28,548 | -€9,273 | -24.5% |
| Amounts payable within one year | 42/48 | €195,362 | €194,378 | -€984 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €9,352 | €9,273 | -€79 | -0.8% |
| Trade debts | 44 | €89 | €2,372 | +€2,283 | +2574.8% |
| Suppliers | 440/4 | €89 | €2,372 | +€2,283 | +2574.8% |
| Other amounts payable | 47/48 | €185,921 | €182,732 | -€3,189 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,395 | €20,289 | -€107 | -0.5% |
| Other operating charges | 640/8 | €2,879 | €1,981 | -€898 | -31.2% |
| Gross operating margin | 9900 | €9,599 | €13,495 | +€3,896 | +40.6% |
| Operating profit (loss) | 9901 | -€13,675 | -€8,775 | +€4,900 | +35.8% |
| Financial income | 75/76B | €1 | €2 | +€1 | +84.4% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +84.4% |
| Financial charges | 65/66B | €906 | €956 | +€50 | +5.5% |
| Recurring financial charges | 65 | €906 | €956 | +€50 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,580 | -€9,729 | +€4,851 | +33.3% |
| Transfer from deferred taxes | 780 | €3,887 | €3,887 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€10,693 | -€5,842 | +€4,851 | +45.4% |
| Transfer from tax-exempt reserves | 789 | €9,253 | €9,253 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,440 | €3,411 | +€4,851 |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.