MOREMI: 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.
MOREMI
Largest movements
- Receivables within one year +€629,328
up €629,328 (+23.1%), from €2.7m to €3.3m
- Other debts +€827,829
up €827,829 (+40.4%), from €2.0m to €2.9m
- Short-term financial debts -€200,000
down €200,000 (-50.0%), from €400,000 to €200,000
- Financial charges -€83,175
down €83,175, from €80,956 to -€2,219
- Gross operating margin -€68,233
down €68,233, from €20,825 to -€47,408
- Financial income -€42,721
down €42,721 (-28.4%), from €150,684 to €107,963
of which Financial income: -€42,721
- Taxes -€2,018
no longer reported in 2024 (was €2,018)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,687,516 | €8,375,953 | +€688,437 | +9.0% |
| Fixed assets | 21/28 | €759,297 | €788,272 | +€28,975 | +3.8% |
| Financial fixed assets | 28 | €759,297 | €788,272 | +€28,975 | +3.8% |
| Current assets | 29/58 | €6,928,219 | €7,587,681 | +€659,463 | +9.5% |
| Amounts receivable after more than one year | 29 | €3,856,042 | €3,902,315 | +€46,273 | +1.2% |
| Other amounts receivable | 291 | €3,856,042 | €3,902,315 | +€46,273 | +1.2% |
| Amounts receivable within one year | 40/41 | €2,718,789 | €3,348,116 | +€629,328 | +23.1% |
| Other amounts receivable | 41 | €2,718,789 | €3,348,116 | +€629,328 | +23.1% |
| Current investments | 50/53 | €326,974 | €329,515 | +€2,541 | +0.8% |
| Cash at bank and in hand | 54/58 | €26,414 | €7,736 | -€18,678 | -70.7% |
| Total equity and liabilities | 10/49 | €7,687,516 | €8,375,953 | +€688,437 | +9.0% |
| Equity | 10/15 | €5,236,430 | €5,298,161 | +€61,732 | +1.2% |
| Contributions | 10/11 | €6,500,000 | €6,500,000 | = | 0.0% |
| Capital | 10 | €6,500,000 | €6,500,000 | = | 0.0% |
| Issued capital | 100 | €6,500,000 | €6,500,000 | = | 0.0% |
| Reserves | 13 | €550,000 | €550,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250,000 | €250,000 | = | 0.0% |
| Legal reserve | 130 | €250,000 | €250,000 | = | 0.0% |
| Distributable reserves | 133 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,813,570 | -€1,751,839 | +€61,732 | +3.4% |
| Amounts payable | 17/49 | €2,451,086 | €3,077,792 | +€626,706 | +25.6% |
| Amounts payable within one year | 42/48 | €2,451,086 | €3,077,792 | +€626,706 | +25.6% |
| Financial debts | 43 | €400,000 | €200,000 | -€200,000 | -50.0% |
| Credit institutions | 430/8 | €400,000 | €200,000 | -€200,000 | -50.0% |
| Trade debts | 44 | €1,268 | €145 | -€1,123 | -88.5% |
| Suppliers | 440/4 | €1,268 | €145 | -€1,123 | -88.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,049,818 | €2,877,647 | +€827,829 | +40.4% |
| Other operating charges | 640/8 | €1,052 | €1,043 | -€9 | -0.9% |
| Gross operating margin | 9900 | €20,825 | -€47,408 | -€68,233 | |
| Operating profit (loss) | 9901 | €19,773 | -€48,451 | -€68,224 | |
| Financial income | 75/76B | €150,684 | €107,963 | -€42,721 | -28.4% |
| Recurring financial income | 75 | €150,684 | €107,963 | -€42,721 | -28.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €80,956 | -€2,219 | -€83,175 | |
| Recurring financial charges | 65 | €80,956 | -€2,219 | -€83,175 | |
| Profit (loss) for the period before taxes | 9903 | €89,501 | €61,732 | -€27,769 | -31.0% |
| Income taxes | 67/77 | €2,018 | - | -€2,018 | |
| Profit (loss) for the period | 9904 | €87,483 | €61,732 | -€25,752 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €87,483 | €61,732 | -€25,752 | -29.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.