MORO TECHNOLOGY: 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.
MORO TECHNOLOGY
Largest movements
- Receivables within one year +€339,498
up €339,498 (+21.7%), from €1.6m to €1.9m
of which Trade receivables: +€649,354
- Cash +€210,862
up €210,862 (+28.5%), from €740,645 to €951,506
mainly Trade debts (+€716,265) and Net result for the year (+€345,242)
- Intangible fixed assets -€40,372
down €40,372 (-40.1%), from €100,654 to €60,282
- Trade debts +€716,265
up €716,265 (+199.0%), from €359,898 to €1.1m
- Profit (loss) carried forward +€345,242
up €345,242 (+29.1%), from €1.2m to €1.5m
- Current portion of long-term debt -€324,841
down €324,841 (-76.5%), from €424,564 to €99,723
- Tax, wage and social debts -€243,685
down €243,685 (-48.2%), from €505,362 to €261,677
of which Taxes: -€314,335
- Gross operating margin +€998,821
up €998,821 (+595.2%), from €167,824 to €1.2m
- Staff costs +€482,586
up €482,586 (+322.4%), from €149,689 to €632,275
- Taxes +€111,386
up €111,386 (+1915.4%), from €5,815 to €117,201
- Depreciation +€30,221
up €30,221 (+98.1%), from €30,816 to €61,037
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,476,788 | €2,972,007 | +€495,220 | +20.0% |
| Fixed assets | 21/28 | €146,697 | €105,200 | -€41,497 | -28.3% |
| Intangible fixed assets | 21 | €100,654 | €60,282 | -€40,372 | -40.1% |
| Tangible fixed assets | 22/27 | €46,043 | €34,964 | -€11,079 | -24.1% |
| Plant, machinery and equipment | 23 | €2,166 | €1,032 | -€1,134 | -52.4% |
| Furniture and vehicles | 24 | €43,877 | €33,932 | -€9,945 | -22.7% |
| Financial fixed assets | 28 | - | €9,954 | +€9,954 | |
| Current assets | 29/58 | €2,330,090 | €2,866,807 | +€536,717 | +23.0% |
| Amounts receivable within one year | 40/41 | €1,565,318 | €1,904,816 | +€339,498 | +21.7% |
| Trade receivables | 40 | €1,067,181 | €1,716,535 | +€649,354 | +60.8% |
| Other amounts receivable | 41 | €498,137 | €188,282 | -€309,855 | -62.2% |
| Cash at bank and in hand | 54/58 | €740,645 | €951,506 | +€210,862 | +28.5% |
| Deferred charges and accrued income | 490/1 | €24,128 | €10,484 | -€13,643 | -56.5% |
| Total equity and liabilities | 10/49 | €2,476,788 | €2,972,007 | +€495,220 | +20.0% |
| Equity | 10/15 | €1,186,889 | €1,532,131 | +€345,242 | +29.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,185,389 | €1,530,631 | +€345,242 | +29.1% |
| Amounts payable | 17/49 | €1,289,898 | €1,439,876 | +€149,978 | +11.6% |
| Amounts payable within one year | 42/48 | €1,289,898 | €1,437,563 | +€147,665 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €424,564 | €99,723 | -€324,841 | -76.5% |
| Financial debts | 43 | €75 | €0 | -€75 | -100.0% |
| Credit institutions | 430/8 | €75 | €0 | -€75 | -100.0% |
| Trade debts | 44 | €359,898 | €1,076,164 | +€716,265 | +199.0% |
| Suppliers | 440/4 | €359,898 | €1,076,164 | +€716,265 | +199.0% |
| Taxes, remuneration and social security | 45 | €505,362 | €261,677 | -€243,685 | -48.2% |
| Taxes | 450/3 | €491,616 | €177,281 | -€314,335 | -63.9% |
| Remuneration and social security | 454/9 | €13,746 | €84,396 | +€70,650 | +514.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €2,313 | +€2,313 | |
| Non-recurring operating income | 76A | - | €16 | +€16 | |
| Remuneration, social security and pensions | 62 | €149,689 | €632,275 | +€482,586 | +322.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,816 | €61,037 | +€30,221 | +98.1% |
| Gross operating margin | 9900 | €167,824 | €1,166,646 | +€998,821 | +595.2% |
| Operating profit (loss) | 9901 | -€12,680 | €473,334 | +€486,014 | |
| Financial income | 75/76B | €413 | €1,733 | +€1,319 | +319.1% |
| Recurring financial income | 75 | €413 | €1,733 | +€1,319 | +319.1% |
| Financial charges | 65/66B | €4,482 | €12,624 | +€8,142 | +181.7% |
| Recurring financial charges | 65 | €4,482 | €12,624 | +€8,142 | +181.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,748 | €462,443 | +€479,191 | |
| Income taxes | 67/77 | €5,815 | €117,201 | +€111,386 | +1915.4% |
| Profit (loss) for the period | 9904 | -€22,564 | €345,242 | +€367,806 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,564 | €345,242 | +€367,806 |
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.