MORAYANE: 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.
MORAYANE
Largest movements
- Receivables within one year +€6,153
up €6,153 (+113%), from €5,428 to €11,581
of which Other amounts receivable: +€7,198
- Tangible fixed assets -€5,250
no longer reported in 2025 (was €5,250)
- Cash -€621
down €621 (-51.8%), from €1,199 to €577
mainly Other debts (-€11,295) and Receivables within one year (-€6,153)
- Other debts -€11,295
down €11,295 (-46.9%), from €24,095 to €12,800
- Profit (loss) carried forward +€10,834
up €10,834 (+47.6%), from -€22,782 to -€11,948
- Tax, wage and social debts +€1,013
up €1,013 (+28.5%), from €3,552 to €4,566
- Trade debts -€271
down €271 (-7.7%), from €3,511 to €3,241
- Gross operating margin +€17,057
up €17,057, from -€155 to €16,901
- Other operating charges -€2,230
down €2,230 (-67.1%), from €3,326 to €1,096
- Taxes -€2,107
no longer reported in 2025 (was €2,107)
- Financial income +€283
up €283 (+247%), from €115 to €398
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 | €11,877 | €12,158 | +€282 | +2.4% |
| Fixed assets | 21/28 | €5,250 | - | -€5,250 | |
| Tangible fixed assets | 22/27 | €5,250 | - | -€5,250 | |
| Furniture and vehicles | 24 | €5,250 | - | -€5,250 | |
| Current assets | 29/58 | €6,627 | €12,158 | +€5,532 | +83.5% |
| Amounts receivable within one year | 40/41 | €5,428 | €11,581 | +€6,153 | +113% |
| Trade receivables | 40 | €2,373 | €1,328 | -€1,045 | -44.0% |
| Other amounts receivable | 41 | €3,055 | €10,253 | +€7,198 | +236% |
| Cash at bank and in hand | 54/58 | €1,199 | €577 | -€621 | -51.8% |
| Total equity and liabilities | 10/49 | €11,877 | €12,158 | +€282 | +2.4% |
| Equity | 10/15 | -€19,282 | -€8,448 | +€10,834 | +56.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,782 | -€11,948 | +€10,834 | +47.6% |
| Amounts payable | 17/49 | €31,159 | €20,607 | -€10,553 | -33.9% |
| Amounts payable within one year | 42/48 | €31,159 | €20,607 | -€10,553 | -33.9% |
| Trade debts | 44 | €3,511 | €3,241 | -€271 | -7.7% |
| Suppliers | 440/4 | €3,511 | €3,241 | -€271 | -7.7% |
| Taxes, remuneration and social security | 45 | €3,552 | €4,566 | +€1,013 | +28.5% |
| Taxes | 450/3 | €3,552 | €4,566 | +€1,013 | +28.5% |
| Other amounts payable | 47/48 | €24,095 | €12,800 | -€11,295 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,250 | €5,250 | = | 0.0% |
| Other operating charges | 640/8 | €3,326 | €1,096 | -€2,230 | -67.1% |
| Gross operating margin | 9900 | -€155 | €16,901 | +€17,057 | |
| Operating profit (loss) | 9901 | -€8,731 | €10,555 | +€19,287 | |
| Financial income | 75/76B | €115 | €398 | +€283 | +247% |
| Recurring financial income | 75 | €115 | €195 | +€80 | +69.5% |
| Non-recurring financial income | 76B | €115 | €204 | +€89 | +77.1% |
| Financial charges | 65/66B | €191 | €120 | -€71 | -37.2% |
| Recurring financial charges | 65 | €191 | €120 | -€71 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,807 | €10,834 | +€19,641 | |
| Income taxes | 67/77 | €2,107 | - | -€2,107 | |
| Profit (loss) for the period | 9904 | -€10,914 | €10,834 | +€21,748 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,914 | €10,834 | +€21,748 |
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 14 October 2026 via checked.be.