MOSAFOOD: 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.
MOSAFOOD
Largest movements
- Tangible fixed assets +€193,839
up €193,839 (+115.0%), from €168,587 to €362,426
of which Land and buildings: +€191,750
- Cash +€137,420
up €137,420 (+1769.4%), from €7,766 to €145,187
mainly Trade debts (+€565,862) and Tax, wage and social debts (+€37,915)
- Stocks and contracts +€47,697
up €47,697 (+30.1%), from €158,469 to €206,166
- Receivables within one year +€43,935
up €43,935 (+292.2%), from €15,037 to €58,972
of which Trade receivables: +€23,718
- Deferred charges and accrued income +€23,688
new in 2023: €23,688
- Trade debts +€565,862
up €565,862 (+1036.4%), from €54,600 to €620,462
- Profit (loss) carried forward -€178,029
down €178,029, from €80,780 to -€97,249
- Tax, wage and social debts +€37,915
up €37,915 (+20.6%), from €183,735 to €221,651
of which Remuneration and social security: +€23,082
- Turnover -€1.6m
no longer reported in 2023 (was €1.6m)
- Purchases and services -€1.4m
no longer reported in 2023 (was €1.4m)
- Gross operating margin -€187,505
down €187,505 (-83.1%), from €225,712 to €38,207
- Taxes -€24,634
no longer reported in 2023 (was €24,634)
- Staff costs -€19,886
down €19,886 (-10.5%), from €188,710 to €168,824
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €416,466 | €844,214 | +€427,748 | +102.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €235,193 | €410,202 | +€175,009 | +74.4% |
| Intangible fixed assets | 21 | €58,406 | €46,176 | -€12,230 | -20.9% |
| Tangible fixed assets | 22/27 | €168,587 | €362,426 | +€193,839 | +115.0% |
| Land and buildings | 22 | €161,442 | €353,192 | +€191,750 | +118.8% |
| Plant, machinery and equipment | 23 | €2,307 | €1,723 | -€584 | -25.3% |
| Furniture and vehicles | 24 | €4,838 | €2,911 | -€1,927 | -39.8% |
| Other tangible fixed assets | 26 | - | €4,599 | +€4,599 | |
| Financial fixed assets | 28 | €8,200 | €1,600 | -€6,600 | -80.5% |
| Current assets | 29/58 | €181,273 | €434,012 | +€252,739 | +139.4% |
| Stocks and contracts in progress | 3 | €158,469 | €206,166 | +€47,697 | +30.1% |
| Stocks | 30/36 | €158,469 | €206,166 | +€47,697 | +30.1% |
| Amounts receivable within one year | 40/41 | €15,037 | €58,972 | +€43,935 | +292.2% |
| Trade receivables | 40 | - | €23,718 | +€23,718 | |
| Other amounts receivable | 41 | €15,037 | €35,254 | +€20,217 | +134.4% |
| Cash at bank and in hand | 54/58 | €7,766 | €145,187 | +€137,420 | +1769.4% |
| Deferred charges and accrued income | 490/1 | - | €23,688 | +€23,688 | |
| Total equity and liabilities | 10/49 | €416,466 | €844,214 | +€427,748 | +102.7% |
| Equity | 10/15 | €178,130 | €101 | -€178,029 | -99.9% |
| Contributions | 10/11 | €97,350 | €97,350 | = | 0.0% |
| Capital | 10 | €97,350 | - | -€97,350 | |
| Issued capital | 100 | €97,350 | - | -€97,350 | |
| Profit (loss) carried forward | 14 | €80,780 | -€97,249 | -€178,029 | |
| Amounts payable | 17/49 | €238,335 | €844,113 | +€605,777 | +254.2% |
| Amounts payable within one year | 42/48 | €238,335 | €844,113 | +€605,777 | +254.2% |
| Trade debts | 44 | €54,600 | €620,462 | +€565,862 | +1036.4% |
| Suppliers | 440/4 | €54,600 | €620,462 | +€565,862 | +1036.4% |
| Taxes, remuneration and social security | 45 | €183,735 | €221,651 | +€37,915 | +20.6% |
| Taxes | 450/3 | €54,067 | €68,899 | +€14,833 | +27.4% |
| Remuneration and social security | 454/9 | €129,669 | €152,751 | +€23,082 | +17.8% |
| Other amounts payable | 47/48 | €0 | €2,000 | +€2,000 | |
| Turnover | 70 | €1,628,061 | - | -€1.6m | |
| Non-recurring operating income | 76A | - | €446 | +€446 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,402,348 | - | -€1.4m | |
| Remuneration, social security and pensions | 62 | €188,710 | €168,824 | -€19,886 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,532 | €26,395 | +€18,862 | +250.4% |
| Other operating charges | 640/8 | €1,117 | €9,234 | +€8,117 | +726.6% |
| Gross operating margin | 9900 | €225,712 | €38,207 | -€187,505 | -83.1% |
| Operating profit (loss) | 9901 | €28,353 | -€166,245 | -€194,598 | |
| Financial income | 75/76B | €34 | €0 | -€34 | -99.9% |
| Recurring financial income | 75 | €34 | €0 | -€34 | -99.9% |
| Financial charges | 65/66B | €2,090 | €11,785 | +€9,695 | +463.9% |
| Recurring financial charges | 65 | €2,090 | €11,785 | +€9,695 | +463.9% |
| Profit (loss) for the period before taxes | 9903 | €26,297 | -€178,029 | -€204,327 | |
| Income taxes | 67/77 | €24,634 | - | -€24,634 | |
| Profit (loss) for the period | 9904 | €1,664 | -€178,029 | -€179,693 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,664 | -€178,029 | -€179,693 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.