MOPIC: 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.
MOPIC
Largest movements
- Cash -€91,882
down €91,882 (-38.8%), from €236,694 to €144,812
mainly Other debts (-€98,162) and Investment in fixed assets (net) (-€40,272)
- Tangible fixed assets +€30,233
up €30,233 (+67.9%), from €44,502 to €74,735
of which Land and buildings: +€30,768
- Receivables within one year +€9,567
up €9,567 (+42.4%), from €22,562 to €32,128
of which Trade receivables: +€8,920
- Other debts -€98,162
down €98,162 (-100.0%), from €98,162 to €0
- Trade debts +€37,999
up €37,999 (+5535.2%), from €687 to €38,686
- Reserves +€5,156
up €5,156 (+2.6%), from €196,698 to €201,854
- Tax, wage and social debts +€3,572
up €3,572 (+36.0%), from €9,925 to €13,497
- Gross operating margin +€21,397
up €21,397 (+38.2%), from €55,957 to €77,354
- Taxes +€9,827
up €9,827 (+78.4%), from €12,533 to €22,360
- Financial charges -€3,872
down €3,872 (-93.7%), from €4,133 to €261
- Depreciation -€1,035
down €1,035 (-9.3%), from €11,074 to €10,039
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 | €305,471 | €254,037 | -€51,434 | -16.8% |
| Fixed assets | 21/28 | €44,502 | €74,735 | +€30,233 | +67.9% |
| Tangible fixed assets | 22/27 | €44,502 | €74,735 | +€30,233 | +67.9% |
| Land and buildings | 22 | €30,420 | €61,189 | +€30,768 | +101.1% |
| Furniture and vehicles | 24 | €5,519 | €4,793 | -€725 | -13.1% |
| Other tangible fixed assets | 26 | €8,563 | €8,753 | +€190 | +2.2% |
| Current assets | 29/58 | €260,968 | €179,302 | -€81,666 | -31.3% |
| Amounts receivable within one year | 40/41 | €22,562 | €32,128 | +€9,567 | +42.4% |
| Trade receivables | 40 | €20,125 | €29,045 | +€8,920 | +44.3% |
| Other amounts receivable | 41 | €2,437 | €3,083 | +€647 | +26.5% |
| Cash at bank and in hand | 54/58 | €236,694 | €144,812 | -€91,882 | -38.8% |
| Deferred charges and accrued income | 490/1 | €1,713 | €2,362 | +€649 | +37.9% |
| Total equity and liabilities | 10/49 | €305,471 | €254,037 | -€51,434 | -16.8% |
| Equity | 10/15 | €196,698 | €201,854 | +€5,156 | +2.6% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €196,698 | €201,854 | +€5,156 | +2.6% |
| Distributable reserves | 133 | €196,698 | €201,854 | +€5,156 | +2.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €108,773 | €52,183 | -€56,590 | -52.0% |
| Amounts payable within one year | 42/48 | €108,773 | €52,183 | -€56,590 | -52.0% |
| Trade debts | 44 | €687 | €38,686 | +€37,999 | +5535.2% |
| Suppliers | 440/4 | €687 | €38,686 | +€37,999 | +5535.2% |
| Taxes, remuneration and social security | 45 | €9,925 | €13,497 | +€3,572 | +36.0% |
| Taxes | 450/3 | €9,925 | €13,497 | +€3,572 | +36.0% |
| Other amounts payable | 47/48 | €98,162 | €0 | -€98,162 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,074 | €10,039 | -€1,035 | -9.3% |
| Other operating charges | 640/8 | €1,466 | €1,615 | +€148 | +10.1% |
| Gross operating margin | 9900 | €55,957 | €77,354 | +€21,397 | +38.2% |
| Operating profit (loss) | 9901 | €43,417 | €65,701 | +€22,284 | +51.3% |
| Financial income | 75/76B | €803 | €1,243 | +€440 | +54.7% |
| Recurring financial income | 75 | €803 | €1,243 | +€440 | +54.7% |
| Financial charges | 65/66B | €4,133 | €261 | -€3,872 | -93.7% |
| Recurring financial charges | 65 | €4,133 | €261 | -€3,872 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €40,088 | €66,683 | +€26,595 | +66.3% |
| Income taxes | 67/77 | €12,533 | €22,360 | +€9,827 | +78.4% |
| Profit (loss) for the period | 9904 | €27,555 | €44,323 | +€16,768 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,555 | €44,323 | +€16,768 | +60.9% |
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 4 October 2026 via checked.be.