Mordijck: 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.
Mordijck
Largest movements
- Cash +€41,442
up €41,442 (+31.1%), from €133,343 to €174,785
mainly Net result for the year (+€157,984) and Other debts (+€31,619)
- Tangible fixed assets -€7,150
down €7,150 (-59.1%), from €12,096 to €4,945
- Other debts +€31,619
up €31,619 (+24.8%), from €127,562 to €159,180
- Gross operating margin +€39,304
up €39,304 (+22.7%), from €173,471 to €212,774
- Taxes +€10,387
up €10,387 (+28.1%), from €36,992 to €47,379
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 | €149,916 | €182,757 | +€32,840 | +21.9% |
| Fixed assets | 21/28 | €12,096 | €4,945 | -€7,150 | -59.1% |
| Tangible fixed assets | 22/27 | €12,096 | €4,945 | -€7,150 | -59.1% |
| Furniture and vehicles | 24 | €12,096 | €4,945 | -€7,150 | -59.1% |
| Current assets | 29/58 | €137,821 | €177,812 | +€39,991 | +29.0% |
| Amounts receivable within one year | 40/41 | €60 | €220 | +€160 | +265% |
| Other amounts receivable | 41 | €60 | €220 | +€160 | +265% |
| Cash at bank and in hand | 54/58 | €133,343 | €174,785 | +€41,442 | +31.1% |
| Deferred charges and accrued income | 490/1 | €4,418 | €2,807 | -€1,611 | -36.5% |
| Total equity and liabilities | 10/49 | €149,916 | €182,757 | +€32,840 | +21.9% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €131,316 | €164,157 | +€32,840 | +25.0% |
| Amounts payable within one year | 42/48 | €131,316 | €164,157 | +€32,840 | +25.0% |
| Trade debts | 44 | €3,755 | €4,976 | +€1,222 | +32.5% |
| Suppliers | 440/4 | €3,755 | €4,976 | +€1,222 | +32.5% |
| Other amounts payable | 47/48 | €127,562 | €159,180 | +€31,619 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,091 | €7,150 | -€1,941 | -21.3% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €173,471 | €212,774 | +€39,304 | +22.7% |
| Operating profit (loss) | 9901 | €163,928 | €205,159 | +€41,230 | +25.2% |
| Financial income | 75/76B | €174 | €328 | +€154 | +88.5% |
| Recurring financial income | 75 | €174 | €328 | +€154 | +88.5% |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €163,978 | €205,362 | +€41,384 | +25.2% |
| Income taxes | 67/77 | €36,992 | €47,379 | +€10,387 | +28.1% |
| Profit (loss) for the period | 9904 | €126,986 | €157,984 | +€30,998 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €126,986 | €157,984 | +€30,998 | +24.4% |
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 24 October 2026 via checked.be.