MORIAU SERVICES: 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.
MORIAU SERVICES
Largest movements
- Receivables within one year +€2.1m
up €2.1m (+7846.2%), from €27,269 to €2.2m
of which Other amounts receivable: +€2.0m
- Cash -€145,897
down €145,897 (-51.5%), from €283,448 to €137,551
mainly Receivables within one year (-€2.1m) and Contributions, distributions and other (-€300,000)
- Other debts +€1.9m
up €1.9m (+1444.8%), from €129,470 to €2.0m
- Tax, wage and social debts +€110,507
up €110,507 (+4528.6%), from €2,440 to €112,947
- Financial charges +€160,401
up €160,401 (+209510.1%), from €77 to €160,478
- Financial income +€159,994
up €159,994 (+53.2%), from €300,975 to €460,970
- Gross operating margin -€26,924
down €26,924 (-58.3%), from €46,205 to €19,281
- Taxes -€7,933
down €7,933 (-61.1%), from €12,975 to €5,042
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 | €6,136,975 | €8,130,684 | +€2.0m | +32.5% |
| Fixed assets | 21/28 | €5,826,258 | €5,826,258 | = | 0.0% |
| Financial fixed assets | 28 | €5,826,258 | €5,826,258 | = | 0.0% |
| Current assets | 29/58 | €310,717 | €2,304,427 | +€2.0m | +641.6% |
| Amounts receivable within one year | 40/41 | €27,269 | €2,166,876 | +€2.1m | +7846.2% |
| Trade receivables | 40 | - | €138,648 | +€138,648 | |
| Other amounts receivable | 41 | €27,269 | €2,028,227 | +€2.0m | +7337.8% |
| Cash at bank and in hand | 54/58 | €283,448 | €137,551 | -€145,897 | -51.5% |
| Total equity and liabilities | 10/49 | €6,136,975 | €8,130,684 | +€2.0m | +32.5% |
| Equity | 10/15 | €6,000,904 | €6,014,571 | +€13,667 | +0.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,905,904 | €5,919,571 | +€13,667 | +0.2% |
| Amounts payable | 17/49 | €136,071 | €2,116,113 | +€2.0m | +1455.2% |
| Amounts payable within one year | 42/48 | €136,071 | €2,116,113 | +€2.0m | +1455.2% |
| Trade debts | 44 | €4,161 | €3,166 | -€995 | -23.9% |
| Suppliers | 440/4 | €4,161 | €3,166 | -€995 | -23.9% |
| Taxes, remuneration and social security | 45 | €2,440 | €112,947 | +€110,507 | +4528.6% |
| Taxes | 450/3 | €2,440 | €112,947 | +€110,507 | +4528.6% |
| Other amounts payable | 47/48 | €129,470 | €2,000,000 | +€1.9m | +1444.8% |
| Other operating charges | 640/8 | €1,031 | €1,064 | +€33 | +3.2% |
| Gross operating margin | 9900 | €46,205 | €19,281 | -€26,924 | -58.3% |
| Operating profit (loss) | 9901 | €45,174 | €18,217 | -€26,957 | -59.7% |
| Financial income | 75/76B | €300,975 | €460,970 | +€159,994 | +53.2% |
| Recurring financial income | 75 | €300,975 | €460,970 | +€159,994 | +53.2% |
| Financial charges | 65/66B | €77 | €160,478 | +€160,401 | +209510.1% |
| Recurring financial charges | 65 | €77 | €160,478 | +€160,401 | +209510.1% |
| Profit (loss) for the period before taxes | 9903 | €346,073 | €318,709 | -€27,364 | -7.9% |
| Income taxes | 67/77 | €12,975 | €5,042 | -€7,933 | -61.1% |
| Profit (loss) for the period | 9904 | €333,098 | €313,667 | -€19,431 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €333,098 | €313,667 | -€19,431 | -5.8% |
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 1 October 2026 via checked.be.