MORIMONT: 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.
MORIMONT
Largest movements
- Cash +€40,372
up €40,372 (+133.6%), from €30,223 to €70,596
mainly Net result for the year (+€44,411) and Depreciation (+€27,830)
- Tangible fixed assets -€24,415
down €24,415 (-14.6%), from €167,137 to €142,721
of which Leasing and similar rights: -€13,951
- Receivables within one year -€14,756
down €14,756 (-30.9%), from €47,717 to €32,961
of which Trade receivables: -€14,517
- Reserves +€23,930
up €23,930 (+37.9%), from €63,133 to €87,063
- Debts after one year -€18,930
down €18,930 (-13.6%), from €138,901 to €119,971
- Tax, wage and social debts +€8,745
up €8,745 (+133.8%), from €6,536 to €15,281
- Trade debts -€7,595
down €7,595 (-83.2%), from €9,132 to €1,536
- Other debts -€5,835
down €5,835 (-62.1%), from €9,401 to €3,566
- Gross operating margin +€3,775
up €3,775 (+3.7%), from €101,156 to €104,931
- Taxes +€1,620
up €1,620 (+7.7%), from €21,157 to €22,777
- Depreciation +€1,217
up €1,217 (+4.6%), from €26,612 to €27,830
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 | €251,322 | €252,556 | +€1,234 | +0.5% |
| Fixed assets | 21/28 | €167,179 | €142,764 | -€24,415 | -14.6% |
| Tangible fixed assets | 22/27 | €167,137 | €142,721 | -€24,415 | -14.6% |
| Land and buildings | 22 | €103,851 | €96,047 | -€7,804 | -7.5% |
| Plant, machinery and equipment | 23 | €384 | €275 | -€109 | -28.4% |
| Furniture and vehicles | 24 | €12,931 | €11,704 | -€1,227 | -9.5% |
| Leasing and similar rights | 25 | €44,910 | €30,959 | -€13,951 | -31.1% |
| Other tangible fixed assets | 26 | €5,061 | €3,736 | -€1,325 | -26.2% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €84,142 | €109,792 | +€25,650 | +30.5% |
| Stocks and contracts in progress | 3 | €2,150 | €2,080 | -€70 | -3.3% |
| Stocks | 30/36 | €2,150 | €2,080 | -€70 | -3.3% |
| Amounts receivable within one year | 40/41 | €47,717 | €32,961 | -€14,756 | -30.9% |
| Trade receivables | 40 | €45,862 | €31,345 | -€14,517 | -31.7% |
| Other amounts receivable | 41 | €1,855 | €1,616 | -€239 | -12.9% |
| Cash at bank and in hand | 54/58 | €30,223 | €70,596 | +€40,372 | +133.6% |
| Deferred charges and accrued income | 490/1 | €4,052 | €4,155 | +€103 | +2.5% |
| Total equity and liabilities | 10/49 | €251,322 | €252,556 | +€1,234 | +0.5% |
| Equity | 10/15 | €69,333 | €93,263 | +€23,930 | +34.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,133 | €87,063 | +€23,930 | +37.9% |
| Distributable reserves | 133 | €63,133 | €87,063 | +€23,930 | +37.9% |
| Amounts payable | 17/49 | €181,989 | €159,293 | -€22,696 | -12.5% |
| Amounts payable after more than one year | 17 | €138,901 | €119,971 | -€18,930 | -13.6% |
| Financial debts | 170/4 | €138,901 | €119,971 | -€18,930 | -13.6% |
| Amounts payable within one year | 42/48 | €43,088 | €39,313 | -€3,775 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €18,019 | €18,930 | +€911 | +5.1% |
| Trade debts | 44 | €9,132 | €1,536 | -€7,595 | -83.2% |
| Suppliers | 440/4 | €9,132 | €1,536 | -€7,595 | -83.2% |
| Taxes, remuneration and social security | 45 | €6,536 | €15,281 | +€8,745 | +133.8% |
| Taxes | 450/3 | €6,536 | €15,281 | +€8,745 | +133.8% |
| Other amounts payable | 47/48 | €9,401 | €3,566 | -€5,835 | -62.1% |
| Accrued charges and deferred income | 492/3 | - | €9 | +€9 | |
| Non-recurring operating income | 76A | - | €162 | +€162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,612 | €27,830 | +€1,217 | +4.6% |
| Other operating charges | 640/8 | €3,371 | €3,371 | +€1 | 0.0% |
| Non-recurring operating charges | 66A | €56 | - | -€56 | |
| Gross operating margin | 9900 | €101,156 | €104,931 | +€3,775 | +3.7% |
| Operating profit (loss) | 9901 | €71,117 | €73,730 | +€2,613 | +3.7% |
| Financial income | 75/76B | €3 | €29 | +€26 | +812.6% |
| Recurring financial income | 75 | €3 | €29 | +€26 | +812.6% |
| Financial charges | 65/66B | €7,311 | €6,572 | -€739 | -10.1% |
| Recurring financial charges | 65 | €7,311 | €6,572 | -€739 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €63,809 | €67,187 | +€3,378 | +5.3% |
| Income taxes | 67/77 | €21,157 | €22,777 | +€1,620 | +7.7% |
| Profit (loss) for the period | 9904 | €42,653 | €44,411 | +€1,758 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,653 | €44,411 | +€1,758 | +4.1% |
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 8 October 2026 via checked.be.