MOSATECH: 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.
MOSATECH
Largest movements
- Receivables within one year +€39,856
up €39,856 (+98.7%), from €40,361 to €80,217
of which Trade receivables: +€32,894
- Cash +€16,170
up €16,170 (+55.2%), from €29,303 to €45,474
mainly Net result for the year (+€48,811) and Depreciation (+€14,776)
- Tangible fixed assets +€8,941
up €8,941 (+17.6%), from €50,784 to €59,725
of which Furniture and vehicles: +€7,293
- Receivables after one year -€8,589
no longer reported in 2025 (was €8,589)
- Reserves +€48,800
up €48,800 (+40.3%), from €121,000 to €169,800
- Tax, wage and social debts +€7,721
up €7,721 (+394.0%), from €1,959 to €9,680
of which Taxes: +€7,721
- Gross operating margin +€13,393
up €13,393 (+19.2%), from €69,686 to €83,079
- Taxes +€5,828
up €5,828 (+41.4%), from €14,069 to €19,897
- Depreciation +€1,694
up €1,694 (+13.0%), from €13,082 to €14,776
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 | €129,038 | €186,127 | +€57,089 | +44.2% |
| Fixed assets | 21/28 | €50,784 | €60,436 | +€9,652 | +19.0% |
| Intangible fixed assets | 21 | - | €711 | +€711 | |
| Tangible fixed assets | 22/27 | €50,784 | €59,725 | +€8,941 | +17.6% |
| Land and buildings | 22 | €2,149 | €1,881 | -€269 | -12.5% |
| Plant, machinery and equipment | 23 | €5,814 | €7,730 | +€1,917 | +33.0% |
| Furniture and vehicles | 24 | €42,821 | €50,114 | +€7,293 | +17.0% |
| Current assets | 29/58 | €78,254 | €125,691 | +€47,437 | +60.6% |
| Amounts receivable after more than one year | 29 | €8,589 | - | -€8,589 | |
| Trade receivables | 290 | €8,589 | - | -€8,589 | |
| Amounts receivable within one year | 40/41 | €40,361 | €80,217 | +€39,856 | +98.7% |
| Trade receivables | 40 | €25,410 | €58,304 | +€32,894 | +129.5% |
| Other amounts receivable | 41 | €14,951 | €21,913 | +€6,962 | +46.6% |
| Cash at bank and in hand | 54/58 | €29,303 | €45,474 | +€16,170 | +55.2% |
| Total equity and liabilities | 10/49 | €129,038 | €186,127 | +€57,089 | +44.2% |
| Equity | 10/15 | €127,078 | €175,889 | +€48,811 | +38.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €121,000 | €169,800 | +€48,800 | +40.3% |
| Distributable reserves | 133 | €121,000 | €169,800 | +€48,800 | +40.3% |
| Profit (loss) carried forward | 14 | €78 | €89 | +€11 | +13.5% |
| Amounts payable | 17/49 | €1,959 | €10,238 | +€8,279 | +422.5% |
| Amounts payable within one year | 42/48 | €1,959 | €10,238 | +€8,279 | +422.5% |
| Trade debts | 44 | - | €558 | +€558 | |
| Suppliers | 440/4 | - | €558 | +€558 | |
| Taxes, remuneration and social security | 45 | €1,959 | €9,680 | +€7,721 | +394.0% |
| Taxes | 450/3 | €59 | €7,780 | +€7,721 | +12980.0% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,082 | €14,776 | +€1,694 | +13.0% |
| Other operating charges | 640/8 | €1,015 | €1,332 | +€317 | +31.3% |
| Non-recurring operating charges | 66A | €861 | €284 | -€577 | -67.0% |
| Gross operating margin | 9900 | €69,686 | €83,079 | +€13,393 | +19.2% |
| Operating profit (loss) | 9901 | €54,728 | €66,686 | +€11,958 | +21.9% |
| Financial income | 75/76B | €1,329 | €2,084 | +€755 | +56.8% |
| Recurring financial income | 75 | €1,329 | €2,084 | +€755 | +56.8% |
| Financial charges | 65/66B | €241 | €63 | -€178 | -73.9% |
| Recurring financial charges | 65 | €241 | €63 | -€178 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €55,816 | €68,708 | +€12,891 | +23.1% |
| Income taxes | 67/77 | €14,069 | €19,897 | +€5,828 | +41.4% |
| Profit (loss) for the period | 9904 | €41,747 | €48,811 | +€7,063 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,747 | €48,811 | +€7,063 | +16.9% |
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.