MOS10: 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.
MOS10
Largest movements
- Tangible fixed assets +€30,732
up €30,732 (+72.0%), from €42,669 to €73,401
of which Other tangible fixed assets: +€31,829
- Receivables within one year -€16,337
down €16,337 (-78.6%), from €20,797 to €4,460
of which Trade receivables: -€18,430
- Cash +€12,423
up €12,423 (+31.9%), from €38,969 to €51,392
mainly Net result for the year (+€37,868) and Receivables within one year (+€16,337)
- Reserves +€37,868
up €37,868 (+169%), from €22,408 to €60,276
of which Distributable reserves: +€47,355
- Other debts -€12,102
down €12,102 (-19.2%), from €62,905 to €50,803
- Trade debts +€2,360
up €2,360 (+73.5%), from €3,211 to €5,571
- Tax, wage and social debts -€1,307
down €1,307 (-16.9%), from €7,714 to €6,406
- Gross operating margin -€55,334
down €55,334 (-44.8%), from €123,632 to €68,297
- Depreciation +€8,300
up €8,300 (+250%), from €3,322 to €11,622
- Taxes -€8,085
down €8,085 (-31.1%), from €25,993 to €17,907
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 | €102,436 | €129,253 | +€26,818 | +26.2% |
| Fixed assets | 21/28 | €42,669 | €73,401 | +€30,732 | +72.0% |
| Tangible fixed assets | 22/27 | €42,669 | €73,401 | +€30,732 | +72.0% |
| Plant, machinery and equipment | 23 | €4,892 | €1,810 | -€3,082 | -63.0% |
| Furniture and vehicles | 24 | - | €1,985 | +€1,985 | |
| Other tangible fixed assets | 26 | €37,777 | €69,606 | +€31,829 | +84.3% |
| Current assets | 29/58 | €59,767 | €55,852 | -€3,914 | -6.5% |
| Amounts receivable within one year | 40/41 | €20,797 | €4,460 | -€16,337 | -78.6% |
| Trade receivables | 40 | €20,730 | €2,300 | -€18,430 | -88.9% |
| Other amounts receivable | 41 | €67 | €2,160 | +€2,093 | +3,104% |
| Cash at bank and in hand | 54/58 | €38,969 | €51,392 | +€12,423 | +31.9% |
| Total equity and liabilities | 10/49 | €102,436 | €129,253 | +€26,818 | +26.2% |
| Equity | 10/15 | €28,606 | €66,473 | +€37,868 | +132% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €22,408 | €60,276 | +€37,868 | +169% |
| Tax-exempt reserves | 132 | €9,488 | - | -€9,488 | |
| Distributable reserves | 133 | €12,920 | €60,276 | +€47,355 | +367% |
| Amounts payable | 17/49 | €73,830 | €62,780 | -€11,050 | -15.0% |
| Amounts payable within one year | 42/48 | €73,830 | €62,780 | -€11,050 | -15.0% |
| Trade debts | 44 | €3,211 | €5,571 | +€2,360 | +73.5% |
| Suppliers | 440/4 | €3,211 | €5,571 | +€2,360 | +73.5% |
| Taxes, remuneration and social security | 45 | €7,714 | €6,406 | -€1,307 | -16.9% |
| Taxes | 450/3 | €7,714 | €6,406 | -€1,307 | -16.9% |
| Other amounts payable | 47/48 | €62,905 | €50,803 | -€12,102 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,322 | €11,622 | +€8,300 | +250% |
| Other operating charges | 640/8 | €525 | €387 | -€138 | -26.2% |
| Non-recurring operating charges | 66A | - | €473 | +€473 | |
| Gross operating margin | 9900 | €123,632 | €68,297 | -€55,334 | -44.8% |
| Operating profit (loss) | 9901 | €119,784 | €55,815 | -€63,969 | -53.4% |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €37 | +€37 | |
| Financial charges | 65/66B | €113 | €77 | -€36 | -32.0% |
| Recurring financial charges | 65 | €113 | €77 | -€36 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €119,671 | €55,775 | -€63,896 | -53.4% |
| Income taxes | 67/77 | €25,993 | €17,907 | -€8,085 | -31.1% |
| Profit (loss) for the period | 9904 | €93,678 | €37,868 | -€55,811 | -59.6% |
| Transfer from tax-exempt reserves | 789 | - | €9,488 | +€9,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,678 | €47,355 | -€46,323 | -49.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.