Mosae Management: 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.
Mosae Management
Largest movements
- Cash +€82,061
up €82,061 (+22.7%), from €360,772 to €442,833
mainly Other debts (+€252,202) and Net result for the year (+€135,600)
- Receivables within one year +€25,901
new in 2025: €25,901
- Other debts +€252,202
up €252,202 (+2684.1%), from €9,396 to €261,598
- Reserves -€165,232
down €165,232 (-54.9%), from €300,831 to €135,600
- Tax, wage and social debts +€21,611
up €21,611 (+50.6%), from €42,725 to €64,336
- Gross operating margin +€34,689
up €34,689 (+23.7%), from €146,645 to €181,334
- Taxes +€9,831
up €9,831 (+30.3%), from €32,410 to €42,241
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 | €361,271 | €468,859 | +€107,588 | +29.8% |
| Fixed assets | 21/28 | €499 | €125 | -€374 | -75.0% |
| Tangible fixed assets | 22/27 | €499 | €125 | -€374 | -75.0% |
| Furniture and vehicles | 24 | €499 | €125 | -€374 | -75.0% |
| Current assets | 29/58 | €360,772 | €468,735 | +€107,962 | +29.9% |
| Amounts receivable within one year | 40/41 | - | €25,901 | +€25,901 | |
| Trade receivables | 40 | - | €25,901 | +€25,901 | |
| Cash at bank and in hand | 54/58 | €360,772 | €442,833 | +€82,061 | +22.7% |
| Total equity and liabilities | 10/49 | €361,271 | €468,859 | +€107,588 | +29.8% |
| Equity | 10/15 | €305,831 | €140,600 | -€165,232 | -54.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €300,831 | €135,600 | -€165,232 | -54.9% |
| Distributable reserves | 133 | €300,831 | €135,600 | -€165,232 | -54.9% |
| Amounts payable | 17/49 | €55,440 | €328,260 | +€272,820 | +492.1% |
| Amounts payable within one year | 42/48 | €55,440 | €328,260 | +€272,820 | +492.1% |
| Trade debts | 44 | €3,318 | €2,326 | -€993 | -29.9% |
| Suppliers | 440/4 | €3,318 | €2,326 | -€993 | -29.9% |
| Taxes, remuneration and social security | 45 | €42,725 | €64,336 | +€21,611 | +50.6% |
| Taxes | 450/3 | €42,725 | €64,336 | +€21,611 | +50.6% |
| Other amounts payable | 47/48 | €9,396 | €261,598 | +€252,202 | +2684.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €374 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €146,645 | €181,334 | +€34,689 | +23.7% |
| Operating profit (loss) | 9901 | €146,271 | €180,560 | +€34,289 | +23.4% |
| Financial charges | 65/66B | €1,430 | €2,719 | +€1,289 | +90.2% |
| Recurring financial charges | 65 | €1,430 | €2,719 | +€1,289 | +90.2% |
| Profit (loss) for the period before taxes | 9903 | €144,841 | €177,841 | +€33,000 | +22.8% |
| Income taxes | 67/77 | €32,410 | €42,241 | +€9,831 | +30.3% |
| Profit (loss) for the period | 9904 | €112,431 | €135,600 | +€23,169 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €112,431 | €135,600 | +€23,169 | +20.6% |
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 9 October 2026 via checked.be.