MORA ANTIQUES: 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.
MORA ANTIQUES
Largest movements
- Stocks and contracts +€20,628
up €20,628 (+4.7%), from €441,016 to €461,644
- Intangible fixed assets +€10,002
new in 2025: €10,002
- Other debts +€73,073
up €73,073 (+10.9%), from €668,553 to €741,626
- Trade debts -€10,730
down €10,730 (-72.4%), from €14,828 to €4,098
- Advances received -€10,000
down €10,000 (-100%), from €10,000 to €0
- Tax, wage and social debts -€7,900
down €7,900 (-84.1%), from €9,395 to €1,496
- Depreciation +€15,824
up €15,824 (+67.8%), from €23,353 to €39,177
- Gross operating margin +€9,264
up €9,264 (+26.7%), from €34,661 to €43,925
- Other operating charges +€2,091
up €2,091 (+2,206%), from €95 to €2,186
- Financial charges +€1,193
up €1,193 (+33.0%), from €3,616 to €4,808
of which Non-recurring financial charges: +€1,550
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 | €679,541 | €720,717 | +€41,176 | +6.1% |
| Fixed assets | 21/28 | €200,220 | €213,853 | +€13,633 | +6.8% |
| Intangible fixed assets | 21 | - | €10,002 | +€10,002 | |
| Tangible fixed assets | 22/27 | €200,220 | €203,851 | +€3,631 | +1.8% |
| Land and buildings | 22 | €114,524 | €113,277 | -€1,247 | -1.1% |
| Plant, machinery and equipment | 23 | €15,296 | €14,163 | -€1,133 | -7.4% |
| Furniture and vehicles | 24 | €70,401 | €76,412 | +€6,011 | +8.5% |
| Current assets | 29/58 | €479,321 | €506,864 | +€27,543 | +5.7% |
| Stocks and contracts in progress | 3 | €441,016 | €461,644 | +€20,628 | +4.7% |
| Stocks | 30/36 | €441,016 | €461,644 | +€20,628 | +4.7% |
| Amounts receivable within one year | 40/41 | €30,893 | €34,735 | +€3,842 | +12.4% |
| Trade receivables | 40 | €30,893 | €34,650 | +€3,757 | +12.2% |
| Other amounts receivable | 41 | €0 | €85 | +€85 | |
| Cash at bank and in hand | 54/58 | €4,838 | €8,150 | +€3,312 | +68.4% |
| Deferred charges and accrued income | 490/1 | €2,574 | €2,335 | -€238 | -9.3% |
| Total equity and liabilities | 10/49 | €679,541 | €720,717 | +€41,176 | +6.1% |
| Equity | 10/15 | -€23,758 | -€26,503 | -€2,745 | -11.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,758 | -€31,503 | -€2,745 | -9.5% |
| Amounts payable | 17/49 | €703,299 | €747,220 | +€43,921 | +6.2% |
| Amounts payable within one year | 42/48 | €702,777 | €747,220 | +€44,443 | +6.3% |
| Trade debts | 44 | €14,828 | €4,098 | -€10,730 | -72.4% |
| Suppliers | 440/4 | €14,828 | €4,098 | -€10,730 | -72.4% |
| Advances received on contracts in progress | 46 | €10,000 | €0 | -€10,000 | -100% |
| Taxes, remuneration and social security | 45 | €9,395 | €1,496 | -€7,900 | -84.1% |
| Taxes | 450/3 | €9,395 | €1,496 | -€7,900 | -84.1% |
| Other amounts payable | 47/48 | €668,553 | €741,626 | +€73,073 | +10.9% |
| Accrued charges and deferred income | 492/3 | €522 | €0 | -€522 | -100% |
| Non-recurring operating income | 76A | - | €4,500 | +€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,353 | €39,177 | +€15,824 | +67.8% |
| Other operating charges | 640/8 | €95 | €2,186 | +€2,091 | +2,206% |
| Non-recurring operating charges | 66A | €6,770 | €0 | -€6,770 | -100% |
| Gross operating margin | 9900 | €34,661 | €43,925 | +€9,264 | +26.7% |
| Operating profit (loss) | 9901 | €4,442 | €2,561 | -€1,881 | -42.3% |
| Financial income | 75/76B | €108 | €1 | -€107 | -99.1% |
| Recurring financial income | 75 | €108 | €1 | -€107 | -99.1% |
| Financial charges | 65/66B | €3,616 | €4,808 | +€1,193 | +33.0% |
| Recurring financial charges | 65 | €3,316 | €2,958 | -€358 | -10.8% |
| Non-recurring financial charges | 66B | €300 | €1,850 | +€1,550 | +517% |
| Profit (loss) for the period before taxes | 9903 | €934 | -€2,246 | -€3,180 | |
| Income taxes | 67/77 | €364 | €499 | +€134 | +36.8% |
| Profit (loss) for the period | 9904 | €570 | -€2,745 | -€3,315 | |
| Profit (loss) for the period to be appropriated | 9905 | €570 | -€2,745 | -€3,315 |
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 26 October 2026 via checked.be.