Mór Estates: 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.
Mór Estates
Largest movements
- Receivables within one year +€6,242
new in 2025: €6,242
- Cash -€3,531
down €3,531 (-16.4%), from €21,542 to €18,011
mainly Receivables within one year (-€6,242) and Other debts (-€1,441)
- Tangible fixed assets -€620
no longer reported in 2025 (was €620)
- Profit (loss) carried forward +€2,844
new in 2025: €2,844
- Other debts -€1,441
down €1,441 (-89.7%), from €1,608 to €166
- Tax, wage and social debts +€930
up €930 (+103.6%), from €897 to €1,827
- Gross operating margin +€2,493
up €2,493 (+87.8%), from €2,840 to €5,333
- Taxes +€988
up €988 (+172.7%), from €572 to €1,560
- Depreciation +€72
up €72 (+35.6%), from €202 to €274
- Financial income +€62
new in 2025: €62
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 | €22,295 | €24,628 | +€2,333 | +10.5% |
| Fixed assets | 21/28 | €620 | - | -€620 | |
| Tangible fixed assets | 22/27 | €620 | - | -€620 | |
| Furniture and vehicles | 24 | €620 | - | -€620 | |
| Current assets | 29/58 | €21,675 | €24,628 | +€2,953 | +13.6% |
| Amounts receivable within one year | 40/41 | - | €6,242 | +€6,242 | |
| Trade receivables | 40 | - | €6,242 | +€6,242 | |
| Cash at bank and in hand | 54/58 | €21,542 | €18,011 | -€3,531 | -16.4% |
| Deferred charges and accrued income | 490/1 | €133 | €375 | +€242 | +181.3% |
| Total equity and liabilities | 10/49 | €22,295 | €24,628 | +€2,333 | +10.5% |
| Equity | 10/15 | €19,790 | €22,635 | +€2,844 | +14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,190 | €1,190 | = | 0.0% |
| Distributable reserves | 133 | €1,190 | €1,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €2,844 | +€2,844 | |
| Amounts payable | 17/49 | €2,505 | €1,994 | -€511 | -20.4% |
| Amounts payable within one year | 42/48 | €2,505 | €1,994 | -€511 | -20.4% |
| Taxes, remuneration and social security | 45 | €897 | €1,827 | +€930 | +103.6% |
| Taxes | 450/3 | €897 | €1,827 | +€930 | +103.6% |
| Other amounts payable | 47/48 | €1,608 | €166 | -€1,441 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202 | €274 | +€72 | +35.6% |
| Other operating charges | 640/8 | €628 | €581 | -€48 | -7.6% |
| Gross operating margin | 9900 | €2,840 | €5,333 | +€2,493 | +87.8% |
| Operating profit (loss) | 9901 | €2,009 | €4,478 | +€2,468 | +122.8% |
| Financial income | 75/76B | - | €62 | +€62 | |
| Recurring financial income | 75 | - | €62 | +€62 | |
| Financial charges | 65/66B | €144 | €136 | -€8 | -5.4% |
| Recurring financial charges | 65 | €144 | €136 | -€8 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €1,866 | €4,404 | +€2,539 | +136.1% |
| Income taxes | 67/77 | €572 | €1,560 | +€988 | +172.7% |
| Profit (loss) for the period | 9904 | €1,294 | €2,844 | +€1,551 | +119.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,294 | €2,844 | +€1,551 | +119.9% |
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 6 October 2026 via checked.be.