MOS BENELUX: 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.
MOS BENELUX
Largest movements
- Receivables within one year -€151,319
down €151,319 (-48.9%), from €309,157 to €157,838
of which Trade receivables: -€136,268
- Stocks and contracts +€32,142
up €32,142 (+32.8%), from €98,079 to €130,221
- Cash +€14,322
up €14,322 (+50.0%), from €28,672 to €42,994
mainly Receivables within one year (+€151,319) and Trade debts (+€38,451)
- Financial fixed assets -€11,070
down €11,070 (-23.0%), from €48,070 to €37,000
- Deferred charges and accrued income -€5,532
down €5,532 (-98.0%), from €5,643 to €111
- Profit (loss) carried forward -€117,633
down €117,633, from €44,725 to -€72,908
- Trade debts +€38,451
up €38,451 (+37.2%), from €103,455 to €141,906
- Short-term financial debts -€30,000
down €30,000 (-23.1%), from €130,000 to €100,000
- Tax, wage and social debts -€17,853
down €17,853 (-24.5%), from €72,871 to €55,018
of which Taxes: -€27,120
- Gross operating margin -€137,516
down €137,516 (-79.9%), from €172,073 to €34,557
- Staff costs +€46,802
up €46,802 (+48.8%), from €95,997 to €142,799
- Taxes -€12,219
down €12,219, from €12,174 to -€45
- Depreciation -€7,878
down €7,878 (-75.9%), from €10,385 to €2,507
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 | €494,472 | €372,307 | -€122,165 | -24.7% |
| Fixed assets | 21/28 | €52,921 | €41,143 | -€11,778 | -22.3% |
| Intangible fixed assets | 21 | €902 | - | -€902 | |
| Tangible fixed assets | 22/27 | €3,949 | €4,143 | +€194 | +4.9% |
| Plant, machinery and equipment | 23 | €3,596 | €4,143 | +€547 | +15.2% |
| Furniture and vehicles | 24 | €353 | - | -€353 | |
| Financial fixed assets | 28 | €48,070 | €37,000 | -€11,070 | -23.0% |
| Current assets | 29/58 | €441,551 | €331,164 | -€110,387 | -25.0% |
| Stocks and contracts in progress | 3 | €98,079 | €130,221 | +€32,142 | +32.8% |
| Stocks | 30/36 | €98,079 | €130,221 | +€32,142 | +32.8% |
| Amounts receivable within one year | 40/41 | €309,157 | €157,838 | -€151,319 | -48.9% |
| Trade receivables | 40 | €281,978 | €145,710 | -€136,268 | -48.3% |
| Other amounts receivable | 41 | €27,179 | €12,128 | -€15,051 | -55.4% |
| Cash at bank and in hand | 54/58 | €28,672 | €42,994 | +€14,322 | +50.0% |
| Deferred charges and accrued income | 490/1 | €5,643 | €111 | -€5,532 | -98.0% |
| Total equity and liabilities | 10/49 | €494,472 | €372,307 | -€122,165 | -24.7% |
| Equity | 10/15 | €179,574 | €61,941 | -€117,633 | -65.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €72,849 | €72,849 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €66,649 | €66,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,725 | -€72,908 | -€117,633 | |
| Amounts payable | 17/49 | €314,898 | €310,366 | -€4,532 | -1.4% |
| Amounts payable within one year | 42/48 | €314,898 | €310,366 | -€4,532 | -1.4% |
| Financial debts | 43 | €130,000 | €100,000 | -€30,000 | -23.1% |
| Credit institutions | 430/8 | €130,000 | €100,000 | -€30,000 | -23.1% |
| Trade debts | 44 | €103,455 | €141,906 | +€38,451 | +37.2% |
| Suppliers | 440/4 | €103,455 | €141,906 | +€38,451 | +37.2% |
| Taxes, remuneration and social security | 45 | €72,871 | €55,018 | -€17,853 | -24.5% |
| Taxes | 450/3 | €49,998 | €22,878 | -€27,120 | -54.2% |
| Remuneration and social security | 454/9 | €22,873 | €32,140 | +€9,267 | +40.5% |
| Other amounts payable | 47/48 | €8,572 | €13,442 | +€4,870 | +56.8% |
| Remuneration, social security and pensions | 62 | €95,997 | €142,799 | +€46,802 | +48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,385 | €2,507 | -€7,878 | -75.9% |
| Other operating charges | 640/8 | €1,490 | €1,518 | +€28 | +1.9% |
| Gross operating margin | 9900 | €172,073 | €34,557 | -€137,516 | -79.9% |
| Operating profit (loss) | 9901 | €64,201 | -€112,267 | -€176,468 | |
| Financial income | 75/76B | €835 | €1,267 | +€432 | +51.7% |
| Recurring financial income | 75 | €835 | €1,267 | +€432 | +51.7% |
| Financial charges | 65/66B | €8,137 | €6,678 | -€1,459 | -17.9% |
| Recurring financial charges | 65 | €8,137 | €6,678 | -€1,459 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €56,899 | -€117,678 | -€174,577 | |
| Income taxes | 67/77 | €12,174 | -€45 | -€12,219 | |
| Profit (loss) for the period | 9904 | €44,725 | -€117,633 | -€162,358 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,725 | -€117,633 | -€162,358 |
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 30 October 2026 via checked.be.