MORINI NETWORK CONSULTING: 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.
MORINI NETWORK CONSULTING
Largest movements
- Cash +€193,535
up €193,535 (+79.5%), from €243,506 to €437,041
mainly Net result for the year (+€346,607) and Other debts (+€292,067)
- Tangible fixed assets -€187,588
down €187,588 (-15.3%), from €1.2m to €1.0m
of which Land and buildings: -€277,035
- Receivables within one year +€87,253
up €87,253 (+70.8%), from €123,235 to €210,489
of which Trade receivables: +€80,900
- Other debts +€292,067
up €292,067 (+242%), from €120,812 to €412,879
- Debts after one year -€193,632
down €193,632 (-33.0%), from €586,068 to €392,436
- Reserves -€66,272
down €66,272 (-8.6%), from €773,740 to €707,468
of which Distributable reserves: -€62,732
- Short-term financial debts +€56,958
up €56,958 (+2,393%), from €2,381 to €59,338
- Tax, wage and social debts +€33,021
up €33,021 (+67.7%), from €48,803 to €81,824
of which Taxes: +€39,254
- Gross operating margin +€327,290
up €327,290 (+65.7%), from €498,396 to €825,686
- Taxes +€97,355
up €97,355 (+137%), from €71,012 to €168,367
- Other operating charges -€21,281
down €21,281 (-74.1%), from €28,727 to €7,446
- Staff costs +€21,041
up €21,041 (+13.6%), from €154,508 to €175,550
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.
Derived cash bridge
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 | €1,680,097 | €1,773,726 | +€93,629 | +5.6% |
| Fixed assets | 21/28 | €1,228,227 | €1,040,289 | -€187,938 | -15.3% |
| Tangible fixed assets | 22/27 | €1,227,877 | €1,040,289 | -€187,588 | -15.3% |
| Land and buildings | 22 | €1,046,018 | €768,983 | -€277,035 | -26.5% |
| Plant, machinery and equipment | 23 | €4,364 | €3,137 | -€1,227 | -28.1% |
| Furniture and vehicles | 24 | €177,495 | €268,169 | +€90,674 | +51.1% |
| Financial fixed assets | 28 | €350 | €0 | -€350 | -100% |
| Current assets | 29/58 | €451,870 | €733,437 | +€281,567 | +62.3% |
| Stocks and contracts in progress | 3 | €69,545 | €68,846 | -€699 | -1.0% |
| Stocks | 30/36 | €69,545 | €68,846 | -€699 | -1.0% |
| Amounts receivable within one year | 40/41 | €123,235 | €210,489 | +€87,253 | +70.8% |
| Trade receivables | 40 | €120,158 | €201,058 | +€80,900 | +67.3% |
| Other amounts receivable | 41 | €3,077 | €9,431 | +€6,353 | +206% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €243,506 | €437,041 | +€193,535 | +79.5% |
| Deferred charges and accrued income | 490/1 | €15,584 | €17,061 | +€1,478 | +9.5% |
| Total equity and liabilities | 10/49 | €1,680,097 | €1,773,726 | +€93,629 | +5.6% |
| Equity | 10/15 | €779,940 | €713,668 | -€66,272 | -8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €773,740 | €707,468 | -€66,272 | -8.6% |
| Tax-exempt reserves | 132 | €60,173 | €56,633 | -€3,540 | -5.9% |
| Distributable reserves | 133 | €713,567 | €650,835 | -€62,732 | -8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €15,043 | €14,158 | -€885 | -5.9% |
| Deferred taxes | 168 | €15,043 | €14,158 | -€885 | -5.9% |
| Amounts payable | 17/49 | €885,114 | €1,045,900 | +€160,786 | +18.2% |
| Amounts payable after more than one year | 17 | €586,068 | €392,436 | -€193,632 | -33.0% |
| Financial debts | 170/4 | €586,068 | €392,436 | -€193,632 | -33.0% |
| Amounts payable within one year | 42/48 | €297,546 | €651,964 | +€354,418 | +119% |
| Current portion of amounts payable after more than one year | 42 | €75,201 | €60,584 | -€14,617 | -19.4% |
| Financial debts | 43 | €2,381 | €59,338 | +€56,958 | +2,393% |
| Credit institutions | 430/8 | €2,381 | €59,338 | +€56,958 | +2,393% |
| Trade debts | 44 | €50,350 | €37,340 | -€13,010 | -25.8% |
| Suppliers | 440/4 | €50,350 | €37,340 | -€13,010 | -25.8% |
| Taxes, remuneration and social security | 45 | €48,803 | €81,824 | +€33,021 | +67.7% |
| Taxes | 450/3 | €19,268 | €58,522 | +€39,254 | +204% |
| Remuneration and social security | 454/9 | €29,534 | €23,302 | -€6,233 | -21.1% |
| Other amounts payable | 47/48 | €120,812 | €412,879 | +€292,067 | +242% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Non-recurring operating income | 76A | €17,406 | €49,824 | +€32,419 | +186% |
| Remuneration, social security and pensions | 62 | €154,508 | €175,550 | +€21,041 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,003 | €110,906 | +€5,903 | +5.6% |
| Other operating charges | 640/8 | €28,727 | €7,446 | -€21,281 | -74.1% |
| Non-recurring operating charges | 66A | €189 | €845 | +€656 | +347% |
| Gross operating margin | 9900 | €498,396 | €825,686 | +€327,290 | +65.7% |
| Operating profit (loss) | 9901 | €209,968 | €530,939 | +€320,971 | +153% |
| Financial income | 75/76B | €7,549 | €1,342 | -€6,207 | -82.2% |
| Recurring financial income | 75 | €7,549 | €1,342 | -€6,207 | -82.2% |
| Financial charges | 65/66B | €25,404 | €18,192 | -€7,213 | -28.4% |
| Recurring financial charges | 65 | €25,404 | €18,192 | -€7,213 | -28.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €192,113 | €514,089 | +€321,977 | +168% |
| Transfer from deferred taxes | 780 | €885 | €885 | = | 0.0% |
| Income taxes | 67/77 | €71,012 | €168,367 | +€97,355 | +137% |
| Profit (loss) for the period | 9904 | €121,985 | €346,607 | +€224,622 | +184% |
| Transfer from tax-exempt reserves | 789 | €3,540 | €3,540 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €125,525 | €350,147 | +€224,622 | +179% |
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 25 October 2026 via checked.be.