MORYEN: 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.
MORYEN
Largest movements
- Cash -€1,221
down €1,221 (-11.1%), from €10,954 to €9,733
mainly Deferred charges and accrued income (-€770) and Trade debts (-€591)
- Deferred charges and accrued income +€770
up €770 (+148.7%), from €518 to €1,287
- Tangible fixed assets -€242
down €242 (-66.0%), from €367 to €125
- Receivables within one year -€186
down €186 (-22.7%), from €821 to €634
of which Trade receivables: -€100
- Trade debts -€591
down €591 (-51.2%), from €1,155 to €564
- Profit (loss) carried forward -€175
down €175 (-2.5%), from -€7,124 to -€7,299
- Other debts -€153
no longer reported in 2025 (was €153)
- Gross operating margin +€2,421
up €2,421, from -€1,499 to €923
- Depreciation -€629
down €629 (-72.2%), from €872 to €242
- Financial charges -€84
down €84 (-60.9%), from €138 to €54
- Other operating charges +€62
up €62 (+8.4%), from €739 to €801
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 | €12,809 | €11,929 | -€880 | -6.9% |
| Fixed assets | 21/28 | €367 | €125 | -€242 | -66.0% |
| Tangible fixed assets | 22/27 | €367 | €125 | -€242 | -66.0% |
| Plant, machinery and equipment | 23 | €367 | €125 | -€242 | -66.0% |
| Current assets | 29/58 | €12,442 | €11,804 | -€638 | -5.1% |
| Stocks and contracts in progress | 3 | €150 | €150 | = | 0.0% |
| Stocks | 30/36 | €150 | €150 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €821 | €634 | -€186 | -22.7% |
| Trade receivables | 40 | €200 | €100 | -€100 | -50.0% |
| Other amounts receivable | 41 | €621 | €534 | -€86 | -13.9% |
| Cash at bank and in hand | 54/58 | €10,954 | €9,733 | -€1,221 | -11.1% |
| Deferred charges and accrued income | 490/1 | €518 | €1,287 | +€770 | +148.7% |
| Total equity and liabilities | 10/49 | €12,809 | €11,929 | -€880 | -6.9% |
| Equity | 10/15 | €11,476 | €11,301 | -€175 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,124 | -€7,299 | -€175 | -2.5% |
| Amounts payable | 17/49 | €1,333 | €628 | -€705 | -52.9% |
| Amounts payable within one year | 42/48 | €1,333 | €628 | -€705 | -52.9% |
| Trade debts | 44 | €1,155 | €564 | -€591 | -51.2% |
| Suppliers | 440/4 | €1,155 | €564 | -€591 | -51.2% |
| Taxes, remuneration and social security | 45 | €25 | €64 | +€39 | +156.6% |
| Taxes | 450/3 | €25 | €64 | +€39 | +156.6% |
| Other amounts payable | 47/48 | €153 | - | -€153 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €872 | €242 | -€629 | -72.2% |
| Other operating charges | 640/8 | €739 | €801 | +€62 | +8.4% |
| Gross operating margin | 9900 | -€1,499 | €923 | +€2,421 | |
| Operating profit (loss) | 9901 | -€3,109 | -€121 | +€2,988 | +96.1% |
| Financial income | 75/76B | €6 | €0 | -€6 | -97.5% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -97.5% |
| Financial charges | 65/66B | €138 | €54 | -€84 | -60.9% |
| Recurring financial charges | 65 | €138 | €54 | -€84 | -60.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,242 | -€175 | +€3,067 | +94.6% |
| Profit (loss) for the period | 9904 | -€3,242 | -€175 | +€3,067 | +94.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,242 | -€175 | +€3,067 | +94.6% |
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.