MOREAUX JP IT: 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.
MOREAUX JP IT
Largest movements
- Current investments +€160,000
new in 2025: €160,000
- Cash -€92,188
down €92,188 (-52.0%), from €177,390 to €85,202
mainly Current investments (-€160,000) and Receivables within one year (-€15,969)
- Receivables within one year +€15,969
up €15,969 (+92.3%), from €17,308 to €33,277
of which Trade receivables: +€14,744
- Deferred charges and accrued income -€9,940
no longer reported in 2025 (was €9,940)
- Profit (loss) carried forward +€82,527
up €82,527 (+48.9%), from €168,839 to €251,366
- Tax, wage and social debts -€13,604
down €13,604 (-56.0%), from €24,282 to €10,678
of which Taxes: -€11,904
- Other debts +€3,707
up €3,707 (+52.3%), from €7,089 to €10,796
- Gross operating margin +€3,652
up €3,652 (+3.6%), from €100,959 to €104,612
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 | €204,638 | €278,479 | +€73,841 | +36.1% |
| Current assets | 29/58 | €204,638 | €278,479 | +€73,841 | +36.1% |
| Amounts receivable within one year | 40/41 | €17,308 | €33,277 | +€15,969 | +92.3% |
| Trade receivables | 40 | €15,464 | €30,208 | +€14,744 | +95.3% |
| Other amounts receivable | 41 | €1,844 | €3,069 | +€1,225 | +66.4% |
| Current investments | 50/53 | - | €160,000 | +€160,000 | |
| Cash at bank and in hand | 54/58 | €177,390 | €85,202 | -€92,188 | -52.0% |
| Deferred charges and accrued income | 490/1 | €9,940 | - | -€9,940 | |
| Total equity and liabilities | 10/49 | €204,638 | €278,479 | +€73,841 | +36.1% |
| Equity | 10/15 | €170,839 | €253,366 | +€82,527 | +48.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,839 | €251,366 | +€82,527 | +48.9% |
| Amounts payable | 17/49 | €33,799 | €25,113 | -€8,686 | -25.7% |
| Amounts payable within one year | 42/48 | €31,512 | €23,584 | -€7,928 | -25.2% |
| Trade debts | 44 | €141 | €2,110 | +€1,969 | +1,395% |
| Suppliers | 440/4 | €141 | €2,110 | +€1,969 | +1,395% |
| Taxes, remuneration and social security | 45 | €24,282 | €10,678 | -€13,604 | -56.0% |
| Taxes | 450/3 | €22,582 | €10,678 | -€11,904 | -52.7% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €7,089 | €10,796 | +€3,707 | +52.3% |
| Accrued charges and deferred income | 492/3 | €2,287 | €1,530 | -€758 | -33.1% |
| Gross operating margin | 9900 | €100,959 | €104,612 | +€3,652 | +3.6% |
| Operating profit (loss) | 9901 | €100,959 | €104,612 | +€3,652 | +3.6% |
| Financial charges | 65/66B | €609 | €745 | +€136 | +22.3% |
| Recurring financial charges | 65 | €609 | €745 | +€136 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €100,350 | €103,867 | +€3,517 | +3.5% |
| Income taxes | 67/77 | €20,830 | €21,340 | +€510 | +2.4% |
| Profit (loss) for the period | 9904 | €79,521 | €82,527 | +€3,006 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €79,521 | €82,527 | +€3,006 | +3.8% |
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 23 October 2026 via checked.be.