MORICI CONCEPT: 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.
MORICI CONCEPT
Largest movements
- Tangible fixed assets +€285,775
up €285,775 (+410.8%), from €69,569 to €355,344
of which Land and buildings: +€290,238
- Cash -€147,833
down €147,833 (-55.7%), from €265,266 to €117,433
mainly Investment in fixed assets (net) (-€300,490) and Other debts (-€2,269)
- Receivables within one year -€33,383
down €33,383 (-53.1%), from €62,875 to €29,493
of which Trade receivables: -€30,556
- Debts after one year +€53,991
up €53,991 (+20.2%), from €267,609 to €321,599
- Profit (loss) carried forward +€26,888
up €26,888 (+27.0%), from €99,668 to €126,555
- Trade debts +€17,452
up €17,452 (+184.4%), from €9,467 to €26,919
- Gross operating margin +€40,430
up €40,430 (+30.4%), from €133,177 to €173,607
- Staff costs +€13,494
up €13,494 (+12.5%), from €108,297 to €121,792
- Financial charges +€8,455
up €8,455 (+620.7%), from €1,362 to €9,818
of which Financial charges: +€7,977
- Depreciation +€5,976
up €5,976 (+68.4%), from €8,739 to €14,715
- Taxes -€3,249
down €3,249 (-92.1%), from €3,528 to €278
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 | €406,707 | €509,500 | +€102,792 | +25.3% |
| Fixed assets | 21/28 | €72,193 | €357,967 | +€285,775 | +395.8% |
| Tangible fixed assets | 22/27 | €69,569 | €355,344 | +€285,775 | +410.8% |
| Land and buildings | 22 | €55,161 | €345,398 | +€290,238 | +526.2% |
| Plant, machinery and equipment | 23 | €5,390 | €5,710 | +€320 | +5.9% |
| Furniture and vehicles | 24 | €9,019 | €4,236 | -€4,783 | -53.0% |
| Financial fixed assets | 28 | €2,624 | €2,624 | = | 0.0% |
| Current assets | 29/58 | €334,514 | €151,532 | -€182,982 | -54.7% |
| Stocks and contracts in progress | 3 | €3,131 | €3,196 | +€64 | +2.1% |
| Stocks | 30/36 | €3,131 | €3,196 | +€64 | +2.1% |
| Amounts receivable within one year | 40/41 | €62,875 | €29,493 | -€33,383 | -53.1% |
| Trade receivables | 40 | €57,827 | €27,271 | -€30,556 | -52.8% |
| Other amounts receivable | 41 | €5,049 | €2,222 | -€2,827 | -56.0% |
| Cash at bank and in hand | 54/58 | €265,266 | €117,433 | -€147,833 | -55.7% |
| Deferred charges and accrued income | 490/1 | €3,242 | €1,411 | -€1,831 | -56.5% |
| Total equity and liabilities | 10/49 | €406,707 | €509,500 | +€102,792 | +25.3% |
| Equity | 10/15 | €104,668 | €131,555 | +€26,888 | +25.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,668 | €126,555 | +€26,888 | +27.0% |
| Amounts payable | 17/49 | €302,040 | €377,944 | +€75,905 | +25.1% |
| Amounts payable after more than one year | 17 | €267,609 | €321,599 | +€53,991 | +20.2% |
| Financial debts | 170/4 | €267,609 | €321,599 | +€53,991 | +20.2% |
| Amounts payable within one year | 42/48 | €34,431 | €56,345 | +€21,914 | +63.6% |
| Current portion of amounts payable after more than one year | 42 | €13,988 | €18,509 | +€4,521 | +32.3% |
| Trade debts | 44 | €9,467 | €26,919 | +€17,452 | +184.4% |
| Suppliers | 440/4 | €9,467 | €26,919 | +€17,452 | +184.4% |
| Advances received on contracts in progress | 46 | - | €900 | +€900 | |
| Taxes, remuneration and social security | 45 | €8,129 | €9,439 | +€1,310 | +16.1% |
| Taxes | 450/3 | €3,589 | €4,515 | +€926 | +25.8% |
| Remuneration and social security | 454/9 | €4,540 | €4,924 | +€384 | +8.5% |
| Other amounts payable | 47/48 | €2,847 | €578 | -€2,269 | -79.7% |
| Remuneration, social security and pensions | 62 | €108,297 | €121,792 | +€13,494 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,739 | €14,715 | +€5,976 | +68.4% |
| Other operating charges | 640/8 | €289 | €467 | +€178 | +61.8% |
| Gross operating margin | 9900 | €133,177 | €173,607 | +€40,430 | +30.4% |
| Operating profit (loss) | 9901 | €15,852 | €36,633 | +€20,781 | +131.1% |
| Financial income | 75/76B | €209 | €351 | +€142 | +67.9% |
| Recurring financial income | 75 | €209 | €351 | +€142 | +67.9% |
| Financial charges | 65/66B | €1,362 | €9,818 | +€8,455 | +620.7% |
| Recurring financial charges | 65 | €1,299 | €9,276 | +€7,977 | +614.0% |
| Non-recurring financial charges | 66B | €63 | €542 | +€478 | +758.2% |
| Profit (loss) for the period before taxes | 9903 | €14,699 | €27,166 | +€12,468 | +84.8% |
| Income taxes | 67/77 | €3,528 | €278 | -€3,249 | -92.1% |
| Profit (loss) for the period | 9904 | €11,171 | €26,888 | +€15,717 | +140.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,171 | €26,888 | +€15,717 | +140.7% |
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 10 October 2026 via checked.be.