MORELIVE: 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.
MORELIVE
Largest movements
- Tangible fixed assets +€25,701
up €25,701 (+117.9%), from €21,802 to €47,503
of which Furniture and vehicles: +€25,065
- Cash +€17,823
up €17,823 (+33.9%), from €52,553 to €70,376
mainly Other debts (+€18,504) and Trade debts (+€13,970)
- Stocks and contracts +€2,403
new in 2025: €2,403
- Receivables within one year -€1,572
down €1,572 (-26.7%), from €5,896 to €4,324
of which Trade receivables: -€2,539
- Other debts +€18,504
up €18,504 (+123.9%), from €14,930 to €33,434
- Trade debts +€13,970
up €13,970 (+180.6%), from €7,736 to €21,706
- Reserves +€11,240
up €11,240 (+22.9%), from €49,074 to €60,314
- Gross operating margin +€7,052
up €7,052 (+25.5%), from €27,691 to €34,743
- Depreciation +€3,128
up €3,128 (+35.3%), from €8,854 to €11,982
- Other operating charges +€381
up €381 (+8.5%), from €4,457 to €4,837
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 | €80,853 | €125,276 | +€44,423 | +54.9% |
| Fixed assets | 21/28 | €21,802 | €47,503 | +€25,701 | +117.9% |
| Tangible fixed assets | 22/27 | €21,802 | €47,503 | +€25,701 | +117.9% |
| Land and buildings | 22 | - | €3,130 | +€3,130 | |
| Plant, machinery and equipment | 23 | €8,681 | €6,187 | -€2,495 | -28.7% |
| Furniture and vehicles | 24 | €13,121 | €38,186 | +€25,065 | +191.0% |
| Current assets | 29/58 | €59,051 | €77,774 | +€18,723 | +31.7% |
| Stocks and contracts in progress | 3 | - | €2,403 | +€2,403 | |
| Contracts in progress | 37 | - | €2,403 | +€2,403 | |
| Amounts receivable within one year | 40/41 | €5,896 | €4,324 | -€1,572 | -26.7% |
| Trade receivables | 40 | €3,239 | €700 | -€2,539 | -78.4% |
| Other amounts receivable | 41 | €2,658 | €3,624 | +€967 | +36.4% |
| Cash at bank and in hand | 54/58 | €52,553 | €70,376 | +€17,823 | +33.9% |
| Deferred charges and accrued income | 490/1 | €602 | €671 | +€69 | +11.5% |
| Total equity and liabilities | 10/49 | €80,853 | €125,276 | +€44,423 | +54.9% |
| Equity | 10/15 | €52,074 | €63,314 | +€11,240 | +21.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €49,074 | €60,314 | +€11,240 | +22.9% |
| Distributable reserves | 133 | €49,074 | €60,314 | +€11,240 | +22.9% |
| Amounts payable | 17/49 | €28,779 | €61,963 | +€33,184 | +115.3% |
| Amounts payable within one year | 42/48 | €28,779 | €61,963 | +€33,184 | +115.3% |
| Trade debts | 44 | €7,736 | €21,706 | +€13,970 | +180.6% |
| Suppliers | 440/4 | €7,736 | €21,706 | +€13,970 | +180.6% |
| Taxes, remuneration and social security | 45 | €6,113 | €6,823 | +€710 | +11.6% |
| Taxes | 450/3 | €6,113 | €6,823 | +€710 | +11.6% |
| Other amounts payable | 47/48 | €14,930 | €33,434 | +€18,504 | +123.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,854 | €11,982 | +€3,128 | +35.3% |
| Other operating charges | 640/8 | €4,457 | €4,837 | +€381 | +8.5% |
| Gross operating margin | 9900 | €27,691 | €34,743 | +€7,052 | +25.5% |
| Operating profit (loss) | 9901 | €14,380 | €17,923 | +€3,543 | +24.6% |
| Financial income | 75/76B | €325 | €325 | +€0 | +0.1% |
| Recurring financial income | 75 | €325 | €325 | +€0 | +0.1% |
| Financial charges | 65/66B | €145 | €148 | +€3 | +1.9% |
| Recurring financial charges | 65 | €145 | €148 | +€3 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €14,559 | €18,100 | +€3,541 | +24.3% |
| Income taxes | 67/77 | €6,831 | €6,861 | +€30 | +0.4% |
| Profit (loss) for the period | 9904 | €7,729 | €11,240 | +€3,511 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,729 | €11,240 | +€3,511 | +45.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.