MOSARTYS: 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.
MOSARTYS
Largest movements
- Receivables within one year +€14,738
up €14,738 (+155.6%), from €9,472 to €24,211
of which Trade receivables: +€13,354
- Cash -€10,826
down €10,826 (-12.4%), from €87,017 to €76,191
mainly Receivables within one year (-€14,738) and Tax, wage and social debts (-€11,053)
- Tangible fixed assets +€2,761
up €2,761 (+256.2%), from €1,078 to €3,839
- Receivables after one year +€2,714
up €2,714 (+2.6%), from €104,385 to €107,099
- Intangible fixed assets -€2,180
down €2,180 (-56.3%), from €3,869 to €1,689
- Advances received +€15,868
new in 2025: €15,868
- Tax, wage and social debts -€11,053
down €11,053 (-100.0%), from €11,053 to €0
- Trade debts +€2,851
up €2,851 (+31.8%), from €8,955 to €11,806
- Gross operating margin -€24,249
down €24,249 (-96.9%), from €25,032 to €783
- Taxes -€8,381
down €8,381 (-99.4%), from €8,429 to €47
- Depreciation +€696
up €696 (+25.7%), from €2,705 to €3,401
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 | €205,843 | €213,399 | +€7,555 | +3.7% |
| Fixed assets | 21/28 | €4,947 | €5,528 | +€581 | +11.7% |
| Intangible fixed assets | 21 | €3,869 | €1,689 | -€2,180 | -56.3% |
| Tangible fixed assets | 22/27 | €1,078 | €3,839 | +€2,761 | +256.2% |
| Furniture and vehicles | 24 | €1,078 | €3,839 | +€2,761 | +256.2% |
| Current assets | 29/58 | €200,897 | €207,871 | +€6,974 | +3.5% |
| Amounts receivable after more than one year | 29 | €104,385 | €107,099 | +€2,714 | +2.6% |
| Other amounts receivable | 291 | €104,385 | €107,099 | +€2,714 | +2.6% |
| Amounts receivable within one year | 40/41 | €9,472 | €24,211 | +€14,738 | +155.6% |
| Trade receivables | 40 | €8,507 | €21,862 | +€13,354 | +157.0% |
| Other amounts receivable | 41 | €965 | €2,349 | +€1,384 | +143.5% |
| Cash at bank and in hand | 54/58 | €87,017 | €76,191 | -€10,826 | -12.4% |
| Deferred charges and accrued income | 490/1 | €22 | €370 | +€348 | +1597.2% |
| Total equity and liabilities | 10/49 | €205,843 | €213,399 | +€7,555 | +3.7% |
| Equity | 10/15 | €179,999 | €180,114 | +€115 | +0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €167,599 | €167,599 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €166,359 | €166,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €115 | +€115 | |
| Amounts payable | 17/49 | €25,844 | €33,284 | +€7,440 | +28.8% |
| Amounts payable within one year | 42/48 | €25,844 | €33,284 | +€7,440 | +28.8% |
| Trade debts | 44 | €8,955 | €11,806 | +€2,851 | +31.8% |
| Suppliers | 440/4 | €8,955 | €11,806 | +€2,851 | +31.8% |
| Advances received on contracts in progress | 46 | - | €15,868 | +€15,868 | |
| Taxes, remuneration and social security | 45 | €11,053 | €0 | -€11,053 | -100.0% |
| Taxes | 450/3 | €11,053 | €0 | -€11,053 | -100.0% |
| Other amounts payable | 47/48 | €5,836 | €5,610 | -€226 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,705 | €3,401 | +€696 | +25.7% |
| Other operating charges | 640/8 | €384 | €432 | +€47 | +12.3% |
| Gross operating margin | 9900 | €25,032 | €783 | -€24,249 | -96.9% |
| Operating profit (loss) | 9901 | €21,943 | -€3,050 | -€24,992 | |
| Financial income | 75/76B | €3,363 | €3,353 | -€11 | -0.3% |
| Recurring financial income | 75 | €3,363 | €3,353 | -€11 | -0.3% |
| Financial charges | 65/66B | €154 | €141 | -€13 | -8.3% |
| Recurring financial charges | 65 | €154 | €141 | -€13 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €25,152 | €162 | -€24,990 | -99.4% |
| Income taxes | 67/77 | €8,429 | €47 | -€8,381 | -99.4% |
| Profit (loss) for the period | 9904 | €16,724 | €115 | -€16,609 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,724 | €115 | -€16,609 | -99.3% |
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 4 October 2026 via checked.be.