MOPE: 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.
MOPE
Largest movements
- Stocks and contracts -€19,161
down €19,161 (-33.4%), from €57,324 to €38,163
- Tangible fixed assets -€7,906
down €7,906 (-33.3%), from €23,718 to €15,812
- Profit (loss) carried forward -€28,003
down €28,003 (-31.7%), from -€88,475 to -€116,478
- Tax, wage and social debts +€11,148
up €11,148 (+7.1%), from €155,962 to €167,110
of which Taxes: +€6,740
- Other debts -€6,263
no longer reported in 2025 (was €6,263)
- Trade debts -€4,681
down €4,681 (-24.0%), from €19,539 to €14,858
- Gross operating margin +€20,778
up €20,778 (+85.7%), from -€24,253 to -€3,475
- Financial charges +€15,361
up €15,361 (+16733.0%), from €92 to €15,453
- Staff costs -€8,016
no longer reported in 2025 (was €8,016)
- Other operating charges -€3,025
down €3,025 (-69.4%), from €4,356 to €1,331
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 | €95,148 | €67,350 | -€27,798 | -29.2% |
| Fixed assets | 21/28 | €31,886 | €23,981 | -€7,906 | -24.8% |
| Tangible fixed assets | 22/27 | €23,718 | €15,812 | -€7,906 | -33.3% |
| Furniture and vehicles | 24 | €23,718 | €15,812 | -€7,906 | -33.3% |
| Financial fixed assets | 28 | €8,169 | €8,169 | = | 0.0% |
| Current assets | 29/58 | €63,262 | €43,369 | -€19,892 | -31.4% |
| Stocks and contracts in progress | 3 | €57,324 | €38,163 | -€19,161 | -33.4% |
| Stocks | 30/36 | €57,324 | €38,163 | -€19,161 | -33.4% |
| Cash at bank and in hand | 54/58 | €5,938 | €5,207 | -€732 | -12.3% |
| Total equity and liabilities | 10/49 | €95,148 | €67,350 | -€27,798 | -29.2% |
| Equity | 10/15 | -€86,616 | -€114,619 | -€28,003 | -32.3% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,475 | -€116,478 | -€28,003 | -31.7% |
| Amounts payable | 17/49 | €181,764 | €181,969 | +€205 | +0.1% |
| Amounts payable within one year | 42/48 | €181,764 | €181,969 | +€205 | +0.1% |
| Trade debts | 44 | €19,539 | €14,858 | -€4,681 | -24.0% |
| Suppliers | 440/4 | €19,539 | €14,858 | -€4,681 | -24.0% |
| Taxes, remuneration and social security | 45 | €155,962 | €167,110 | +€11,148 | +7.1% |
| Taxes | 450/3 | €63,648 | €70,388 | +€6,740 | +10.6% |
| Remuneration and social security | 454/9 | €92,315 | €96,723 | +€4,408 | +4.8% |
| Other amounts payable | 47/48 | €6,263 | - | -€6,263 | |
| Remuneration, social security and pensions | 62 | €8,016 | - | -€8,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,906 | €7,906 | = | 0.0% |
| Other operating charges | 640/8 | €4,356 | €1,331 | -€3,025 | -69.4% |
| Gross operating margin | 9900 | -€24,253 | -€3,475 | +€20,778 | +85.7% |
| Operating profit (loss) | 9901 | -€44,531 | -€12,712 | +€31,819 | +71.5% |
| Financial charges | 65/66B | €92 | €15,453 | +€15,361 | +16733.0% |
| Recurring financial charges | 65 | €92 | €15,453 | +€15,361 | +16733.0% |
| Profit (loss) for the period before taxes | 9903 | -€44,623 | -€28,165 | +€16,458 | +36.9% |
| Profit (loss) for the period | 9904 | -€44,623 | -€28,165 | +€16,458 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,623 | -€28,165 | +€16,458 | +36.9% |
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 28 September 2026 via checked.be.