MosCow: what changed
Two financial 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.
MosCow
Largest movements
- Tangible fixed assets -€11,438
down €11,438 (-30.2%), from €37,826 to €26,388
of which Plant, machinery and equipment: -€5,786
- Stocks and contracts +€5,953
up €5,953 (+119%), from €5,000 to €10,953
- Cash +€4,709
new in 2025: €4,709
mainly Other debts (+€35,668) and Depreciation (+€11,438)
- Deferred charges and accrued income +€896
up €896 (+77.1%), from €1,162 to €2,058
- Other debts +€35,668
up €35,668 (+178%), from €20,000 to €55,668
- Profit (loss) carried forward -€18,950
down €18,950 (-137%), from -€13,788 to -€32,738
- Tax, wage and social debts -€7,709
down €7,709 (-85.0%), from €9,071 to €1,362
of which Taxes: -€7,495
- Trade debts -€7,051
down €7,051 (-27.8%), from €25,379 to €18,328
- Debts after one year -€3,996
down €3,996 (-32.3%), from €12,358 to €8,361
- Staff costs -€12,903
down €12,903 (-74.6%), from €17,308 to €4,404
- Financial charges -€3,800
down €3,800 (-85.1%), from €4,467 to €667
- Other operating charges -€2,653
down €2,653 (-86.3%), from €3,072 to €419
- Depreciation -€680
down €680 (-5.6%), from €12,118 to €11,438
- Gross operating margin -€566
down €566 (-2.4%), from €23,155 to €22,589
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.
Derived cash bridge
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 | €87,070 | €87,243 | +€173 | +0.2% |
| Fixed assets | 21/28 | €41,426 | €29,988 | -€11,438 | -27.6% |
| Tangible fixed assets | 22/27 | €37,826 | €26,388 | -€11,438 | -30.2% |
| Land and buildings | 22 | €17,349 | €13,301 | -€4,048 | -23.3% |
| Plant, machinery and equipment | 23 | €16,756 | €10,970 | -€5,786 | -34.5% |
| Furniture and vehicles | 24 | €3,721 | €2,117 | -€1,604 | -43.1% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €45,644 | €57,255 | +€11,611 | +25.4% |
| Stocks and contracts in progress | 3 | €5,000 | €10,953 | +€5,953 | +119% |
| Stocks | 30/36 | €5,000 | €10,953 | +€5,953 | +119% |
| Amounts receivable within one year | 40/41 | €39,482 | €39,535 | +€53 | +0.1% |
| Other amounts receivable | 41 | €39,482 | €39,535 | +€53 | +0.1% |
| Cash at bank and in hand | 54/58 | - | €4,709 | +€4,709 | |
| Deferred charges and accrued income | 490/1 | €1,162 | €2,058 | +€896 | +77.1% |
| Total equity and liabilities | 10/49 | €87,070 | €87,243 | +€173 | +0.2% |
| Equity | 10/15 | €10,319 | -€8,631 | -€18,950 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €4,107 | €4,107 | = | 0.0% |
| Distributable reserves | 133 | €4,107 | €4,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,788 | -€32,738 | -€18,950 | -137% |
| Amounts payable | 17/49 | €76,752 | €95,875 | +€19,123 | +24.9% |
| Amounts payable after more than one year | 17 | €12,358 | €8,361 | -€3,996 | -32.3% |
| Financial debts | 170/4 | €12,358 | €8,361 | -€3,996 | -32.3% |
| Amounts payable within one year | 42/48 | €64,394 | €86,139 | +€21,745 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €8,501 | €9,338 | +€837 | +9.8% |
| Financial debts | 43 | €1,443 | €1,443 | = | 0.0% |
| Credit institutions | 430/8 | €1,443 | €1,443 | = | 0.0% |
| Trade debts | 44 | €25,379 | €18,328 | -€7,051 | -27.8% |
| Suppliers | 440/4 | €25,379 | €18,328 | -€7,051 | -27.8% |
| Taxes, remuneration and social security | 45 | €9,071 | €1,362 | -€7,709 | -85.0% |
| Taxes | 450/3 | €8,417 | €922 | -€7,495 | -89.0% |
| Remuneration and social security | 454/9 | €653 | €439 | -€214 | -32.8% |
| Other amounts payable | 47/48 | €20,000 | €55,668 | +€35,668 | +178% |
| Accrued charges and deferred income | 492/3 | - | €1,374 | +€1,374 | |
| Non-recurring operating income | 76A | €1,409 | €14,902 | +€13,493 | +957% |
| Remuneration, social security and pensions | 62 | €17,308 | €4,404 | -€12,903 | -74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,118 | €11,438 | -€680 | -5.6% |
| Other operating charges | 640/8 | €3,072 | €419 | -€2,653 | -86.3% |
| Non-recurring operating charges | 66A | - | €24,621 | +€24,621 | |
| Gross operating margin | 9900 | €23,155 | €22,589 | -€566 | -2.4% |
| Operating profit (loss) | 9901 | -€9,343 | -€18,293 | -€8,951 | -95.8% |
| Financial income | 75/76B | €22 | €11 | -€11 | -52.2% |
| Recurring financial income | 75 | €22 | €11 | -€11 | -52.2% |
| Financial charges | 65/66B | €4,467 | €667 | -€3,800 | -85.1% |
| Recurring financial charges | 65 | €4,467 | €667 | -€3,800 | -85.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,788 | -€18,950 | -€5,162 | -37.4% |
| Profit (loss) for the period | 9904 | -€13,788 | -€18,950 | -€5,162 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,788 | -€18,950 | -€5,162 | -37.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.