MORESOFT: 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.
MORESOFT
Largest movements
- Receivables within one year +€172,345
up €172,345 (+948.7%), from €18,166 to €190,511
of which Trade receivables: +€115,774
- Cash -€145,950
down €145,950 (-47.5%), from €306,973 to €161,023
mainly Receivables within one year (-€172,345) and Contributions, distributions and other (-€17,119)
- Tangible fixed assets -€18,664
down €18,664 (-6.0%), from €312,490 to €293,826
of which Land and buildings: -€15,908
- Trade debts +€25,154
up €25,154 (+2046.0%), from €1,229 to €26,383
- Reserves -€12,690
down €12,690 (-1.9%), from €671,225 to €658,535
- Tax, wage and social debts +€9,523
up €9,523 (+204.4%), from €4,660 to €14,183
of which Taxes: +€13,675
- Other debts -€8,693
down €8,693 (-24.5%), from €35,532 to €26,839
- Gross operating margin -€311,633
down €311,633 (-76.8%), from €405,618 to €93,985
- Taxes -€82,669
down €82,669 (-96.4%), from €85,766 to €3,097
- Financial charges -€14,512
down €14,512 (-17.4%), from €83,354 to €68,842
- Financial income +€4,261
up €4,261 (+227.6%), from €1,872 to €6,133
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 | €820,171 | €829,155 | +€8,984 | +1.1% |
| Fixed assets | 21/28 | €312,490 | €293,826 | -€18,664 | -6.0% |
| Tangible fixed assets | 22/27 | €312,490 | €293,826 | -€18,664 | -6.0% |
| Land and buildings | 22 | €289,303 | €273,395 | -€15,908 | -5.5% |
| Plant, machinery and equipment | 23 | €1,284 | €705 | -€579 | -45.1% |
| Furniture and vehicles | 24 | €17,303 | €15,126 | -€2,177 | -12.6% |
| Other tangible fixed assets | 26 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €507,681 | €535,329 | +€27,648 | +5.4% |
| Amounts receivable after more than one year | 29 | €170,639 | €175,403 | +€4,764 | +2.8% |
| Trade receivables | 290 | €170,639 | €175,403 | +€4,764 | +2.8% |
| Amounts receivable within one year | 40/41 | €18,166 | €190,511 | +€172,345 | +948.7% |
| Trade receivables | 40 | €5,393 | €121,166 | +€115,774 | +2146.9% |
| Other amounts receivable | 41 | €12,773 | €69,345 | +€56,572 | +442.9% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €306,973 | €161,023 | -€145,950 | -47.5% |
| Deferred charges and accrued income | 490/1 | €6,903 | €3,392 | -€3,511 | -50.9% |
| Total equity and liabilities | 10/49 | €820,171 | €829,155 | +€8,984 | +1.1% |
| Equity | 10/15 | €689,817 | €677,127 | -€12,690 | -1.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €671,225 | €658,535 | -€12,690 | -1.9% |
| Distributable reserves | 133 | €671,225 | €658,535 | -€12,690 | -1.9% |
| Amounts payable | 17/49 | €130,354 | €152,027 | +€21,673 | +16.6% |
| Amounts payable after more than one year | 17 | €84,622 | €80,221 | -€4,400 | -5.2% |
| Financial debts | 170/4 | €84,622 | €80,221 | -€4,400 | -5.2% |
| Amounts payable within one year | 42/48 | €45,732 | €71,806 | +€26,074 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | €4,310 | €4,400 | +€90 | +2.1% |
| Trade debts | 44 | €1,229 | €26,383 | +€25,154 | +2046.0% |
| Suppliers | 440/4 | €1,229 | €26,383 | +€25,154 | +2046.0% |
| Taxes, remuneration and social security | 45 | €4,660 | €14,183 | +€9,523 | +204.4% |
| Taxes | 450/3 | €508 | €14,183 | +€13,675 | +2693.1% |
| Remuneration and social security | 454/9 | €4,152 | - | -€4,152 | |
| Other amounts payable | 47/48 | €35,532 | €26,839 | -€8,693 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,629 | €22,366 | +€736 | +3.4% |
| Other operating charges | 640/8 | €1,054 | €1,384 | +€330 | +31.3% |
| Gross operating margin | 9900 | €405,618 | €93,985 | -€311,633 | -76.8% |
| Operating profit (loss) | 9901 | €382,935 | €70,235 | -€312,700 | -81.7% |
| Financial income | 75/76B | €1,872 | €6,133 | +€4,261 | +227.6% |
| Recurring financial income | 75 | €1,872 | €6,133 | +€4,261 | +227.6% |
| Financial charges | 65/66B | €83,354 | €68,842 | -€14,512 | -17.4% |
| Recurring financial charges | 65 | €83,354 | €68,842 | -€14,512 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €301,453 | €7,526 | -€293,927 | -97.5% |
| Income taxes | 67/77 | €85,766 | €3,097 | -€82,669 | -96.4% |
| Profit (loss) for the period | 9904 | €215,687 | €4,429 | -€211,258 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €215,687 | €4,429 | -€211,258 | -97.9% |
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 28 September 2026 via checked.be.