MOSAIC: 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.
MOSAIC
Largest movements
- Tangible fixed assets +€38,996
up €38,996 (+596.8%), from €6,535 to €45,531
of which Plant, machinery and equipment: +€40,123
- Cash -€15,137
down €15,137 (-25.5%), from €59,419 to €44,283
mainly Investment in fixed assets (net) (-€44,560) and Net result for the year (-€26,659)
- Receivables within one year +€3,692
up €3,692 (+16.2%), from €22,780 to €26,472
of which Other amounts receivable: +€3,207
- Debts after one year +€55,667
new in 2025: €55,667
- Profit (loss) carried forward -€26,659
down €26,659, from €24,669 to -€1,991
- Current portion of long-term debt +€16,384
new in 2025: €16,384
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Tax, wage and social debts -€2,748
down €2,748 (-12.7%), from €21,654 to €18,906
of which Remuneration and social security: -€2,347
- Gross operating margin -€113,855
down €113,855, from €98,972 to -€14,883
- Staff costs -€29,821
down €29,821 (-98.3%), from €30,336 to €515
- Taxes -€13,605
down €13,605 (-96.2%), from €14,148 to €543
- Depreciation +€3,374
up €3,374 (+154.1%), from €2,190 to €5,564
- Financial charges +€2,735
up €2,735 (+530.8%), from €515 to €3,250
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 | €90,647 | €118,239 | +€27,591 | +30.4% |
| Fixed assets | 21/28 | €6,885 | €45,881 | +€38,996 | +566.4% |
| Tangible fixed assets | 22/27 | €6,535 | €45,531 | +€38,996 | +596.8% |
| Plant, machinery and equipment | 23 | €4,555 | €44,678 | +€40,123 | +880.8% |
| Furniture and vehicles | 24 | €1,979 | €853 | -€1,127 | -56.9% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €83,763 | €72,358 | -€11,405 | -13.6% |
| Amounts receivable within one year | 40/41 | €22,780 | €26,472 | +€3,692 | +16.2% |
| Trade receivables | 40 | €9,057 | €9,543 | +€486 | +5.4% |
| Other amounts receivable | 41 | €13,723 | €16,929 | +€3,207 | +23.4% |
| Cash at bank and in hand | 54/58 | €59,419 | €44,283 | -€15,137 | -25.5% |
| Deferred charges and accrued income | 490/1 | €1,563 | €1,603 | +€39 | +2.5% |
| Total equity and liabilities | 10/49 | €90,647 | €118,239 | +€27,591 | +30.4% |
| Equity | 10/15 | €43,749 | €17,090 | -€26,659 | -60.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €481 | €481 | = | 0.0% |
| Non-distributable reserves | 130/1 | €481 | €481 | = | 0.0% |
| Reserves not available under the articles | 1311 | €481 | €481 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,669 | -€1,991 | -€26,659 | |
| Amounts payable | 17/49 | €46,898 | €101,149 | +€54,250 | +115.7% |
| Amounts payable after more than one year | 17 | - | €55,667 | +€55,667 | |
| Financial debts | 170/4 | - | €55,667 | +€55,667 | |
| Amounts payable within one year | 42/48 | €46,898 | €45,070 | -€1,828 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | - | €16,384 | +€16,384 | |
| Trade debts | 44 | €10,244 | €9,780 | -€464 | -4.5% |
| Suppliers | 440/4 | €10,244 | €9,780 | -€464 | -4.5% |
| Taxes, remuneration and social security | 45 | €21,654 | €18,906 | -€2,748 | -12.7% |
| Taxes | 450/3 | €16,807 | €16,406 | -€401 | -2.4% |
| Remuneration and social security | 454/9 | €4,847 | €2,500 | -€2,347 | -48.4% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Remuneration, social security and pensions | 62 | €30,336 | €515 | -€29,821 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,190 | €5,564 | +€3,374 | +154.1% |
| Other operating charges | 640/8 | €1,612 | €2,800 | +€1,188 | +73.7% |
| Gross operating margin | 9900 | €98,972 | -€14,883 | -€113,855 | |
| Operating profit (loss) | 9901 | €64,834 | -€23,762 | -€88,596 | |
| Financial income | 75/76B | €330 | €896 | +€566 | +171.1% |
| Recurring financial income | 75 | €330 | €896 | +€566 | +171.1% |
| Financial charges | 65/66B | €515 | €3,250 | +€2,735 | +530.8% |
| Recurring financial charges | 65 | €515 | €3,250 | +€2,735 | +530.8% |
| Profit (loss) for the period before taxes | 9903 | €64,650 | -€26,116 | -€90,765 | |
| Income taxes | 67/77 | €14,148 | €543 | -€13,605 | -96.2% |
| Profit (loss) for the period | 9904 | €50,501 | -€26,659 | -€77,160 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,501 | -€26,659 | -€77,160 |
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 5 October 2026 via checked.be.