MORE2COM: 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.
MORE2COM
Largest movements
- Receivables within one year -€8,906
down €8,906 (-42.1%), from €21,171 to €12,265
of which Other amounts receivable: -€8,494
- Tangible fixed assets +€2,873
new in 2025: €2,873
of which Furniture and vehicles: +€2,063
- Cash +€800
up €800 (+8.7%), from €9,196 to €9,997
mainly Net result for the year (+€14,924) and Receivables within one year (+€8,906)
- Deferred charges and accrued income -€656
down €656 (-13.8%), from €4,744 to €4,088
- Contributions -€17,100
down €17,100 (-91.9%), from €18,600 to €1,500
- Reserves +€13,369
up €13,369 (+58.6%), from €22,823 to €36,192
- Tax, wage and social debts -€1,298
down €1,298 (-20.3%), from €6,404 to €5,106
- Trade debts -€1,003
down €1,003 (-24.9%), from €4,024 to €3,021
- Financial income -€1,598
down €1,598 (-66.4%), from €2,406 to €808
- Taxes -€613
down €613 (-7.7%), from €7,928 to €7,315
- Gross operating margin +€591
up €591 (+2.6%), from €23,126 to €23,717
- Depreciation +€396
new in 2025: €396
- Other operating charges +€238
up €238 (+23.2%), from €1,026 to €1,264
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 | €51,851 | €45,961 | -€5,890 | -11.4% |
| Fixed assets | 21/28 | €16,740 | €19,613 | +€2,873 | +17.2% |
| Tangible fixed assets | 22/27 | - | €2,873 | +€2,873 | |
| Plant, machinery and equipment | 23 | - | €809 | +€809 | |
| Furniture and vehicles | 24 | - | €2,063 | +€2,063 | |
| Financial fixed assets | 28 | €16,740 | €16,740 | = | 0.0% |
| Current assets | 29/58 | €35,111 | €26,349 | -€8,762 | -25.0% |
| Amounts receivable within one year | 40/41 | €21,171 | €12,265 | -€8,906 | -42.1% |
| Trade receivables | 40 | €413 | €0 | -€413 | -100.0% |
| Other amounts receivable | 41 | €20,758 | €12,265 | -€8,494 | -40.9% |
| Cash at bank and in hand | 54/58 | €9,196 | €9,997 | +€800 | +8.7% |
| Deferred charges and accrued income | 490/1 | €4,744 | €4,088 | -€656 | -13.8% |
| Total equity and liabilities | 10/49 | €51,851 | €45,961 | -€5,890 | -11.4% |
| Equity | 10/15 | €41,423 | €37,692 | -€3,731 | -9.0% |
| Contributions | 10/11 | €18,600 | €1,500 | -€17,100 | -91.9% |
| Reserves | 13 | €22,823 | €36,192 | +€13,369 | +58.6% |
| Distributable reserves | 133 | €22,823 | €36,192 | +€13,369 | +58.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,428 | €8,269 | -€2,159 | -20.7% |
| Amounts payable within one year | 42/48 | €10,428 | €8,269 | -€2,159 | -20.7% |
| Financial debts | 43 | €0 | €143 | +€143 | |
| Credit institutions | 430/8 | €0 | €143 | +€143 | |
| Trade debts | 44 | €4,024 | €3,021 | -€1,003 | -24.9% |
| Suppliers | 440/4 | €4,024 | €3,021 | -€1,003 | -24.9% |
| Taxes, remuneration and social security | 45 | €6,404 | €5,106 | -€1,298 | -20.3% |
| Taxes | 450/3 | €6,404 | €5,106 | -€1,298 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €396 | +€396 | |
| Other operating charges | 640/8 | €1,026 | €1,264 | +€238 | +23.2% |
| Gross operating margin | 9900 | €23,126 | €23,717 | +€591 | +2.6% |
| Operating profit (loss) | 9901 | €22,100 | €22,058 | -€42 | -0.2% |
| Financial income | 75/76B | €2,406 | €808 | -€1,598 | -66.4% |
| Recurring financial income | 75 | €2,406 | €808 | -€1,598 | -66.4% |
| Financial charges | 65/66B | €811 | €629 | -€182 | -22.5% |
| Recurring financial charges | 65 | €811 | €629 | -€182 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €23,696 | €22,238 | -€1,457 | -6.2% |
| Income taxes | 67/77 | €7,928 | €7,315 | -€613 | -7.7% |
| Profit (loss) for the period | 9904 | €15,768 | €14,924 | -€845 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,768 | €14,924 | -€845 | -5.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.