Moselectric: 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.
Moselectric
Largest movements
- Receivables within one year +€64,569
up €64,569 (+106%), from €61,166 to €125,735
of which Other amounts receivable: +€35,364
- Intangible fixed assets -€1,880
down €1,880 (-53.0%), from €3,549 to €1,669
- Tangible fixed assets -€1,828
down €1,828 (-33.6%), from €5,443 to €3,615
- Advances received +€70,000
new in 2023: €70,000
- Trade debts -€26,091
down €26,091 (-44.8%), from €58,258 to €32,167
- Tax, wage and social debts +€11,296
up €11,296 (+265%), from €4,269 to €15,565
of which Taxes: +€7,615
- Profit (loss) carried forward +€5,662
up €5,662 (+22.9%), from €24,690 to €30,352
- Staff costs +€46,957
up €46,957 (+126%), from €37,335 to €84,293
- Gross operating margin +€46,147
up €46,147 (+79.8%), from €57,806 to €103,953
- Other operating charges +€3,727
up €3,727 (+182%), from €2,049 to €5,776
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.
Derived cash bridge
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 | €97,899 | €158,766 | +€60,867 | +62.2% |
| Fixed assets | 21/28 | €10,562 | €6,854 | -€3,708 | -35.1% |
| Intangible fixed assets | 21 | €3,549 | €1,669 | -€1,880 | -53.0% |
| Tangible fixed assets | 22/27 | €5,443 | €3,615 | -€1,828 | -33.6% |
| Furniture and vehicles | 24 | €5,443 | €3,615 | -€1,828 | -33.6% |
| Financial fixed assets | 28 | €1,570 | €1,570 | = | 0.0% |
| Current assets | 29/58 | €87,337 | €151,912 | +€64,575 | +73.9% |
| Amounts receivable within one year | 40/41 | €61,166 | €125,735 | +€64,569 | +106% |
| Trade receivables | 40 | €33 | €29,238 | +€29,205 | +87,729% |
| Other amounts receivable | 41 | €61,132 | €96,496 | +€35,364 | +57.8% |
| Cash at bank and in hand | 54/58 | €17,397 | €16,587 | -€810 | -4.7% |
| Deferred charges and accrued income | 490/1 | €8,774 | €9,591 | +€816 | +9.3% |
| Total equity and liabilities | 10/49 | €97,899 | €158,766 | +€60,867 | +62.2% |
| Equity | 10/15 | €35,372 | €41,034 | +€5,662 | +16.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,682 | €8,682 | = | 0.0% |
| Distributable reserves | 133 | €8,682 | €8,682 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,690 | €30,352 | +€5,662 | +22.9% |
| Amounts payable | 17/49 | €62,527 | €117,732 | +€55,205 | +88.3% |
| Amounts payable within one year | 42/48 | €62,527 | €117,732 | +€55,205 | +88.3% |
| Trade debts | 44 | €58,258 | €32,167 | -€26,091 | -44.8% |
| Suppliers | 440/4 | €58,258 | €32,167 | -€26,091 | -44.8% |
| Advances received on contracts in progress | 46 | - | €70,000 | +€70,000 | |
| Taxes, remuneration and social security | 45 | €4,269 | €15,565 | +€11,296 | +265% |
| Taxes | 450/3 | €4,269 | €11,884 | +€7,615 | +178% |
| Remuneration and social security | 454/9 | - | €3,681 | +€3,681 | |
| Remuneration, social security and pensions | 62 | €37,335 | €84,293 | +€46,957 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,828 | €4,120 | +€292 | +7.6% |
| Other operating charges | 640/8 | €2,049 | €5,776 | +€3,727 | +182% |
| Gross operating margin | 9900 | €57,806 | €103,953 | +€46,147 | +79.8% |
| Operating profit (loss) | 9901 | €14,594 | €9,765 | -€4,829 | -33.1% |
| Financial income | 75/76B | €4 | €9 | +€6 | +145% |
| Recurring financial income | 75 | €4 | €9 | +€6 | +145% |
| Financial charges | 65/66B | €582 | €530 | -€51 | -8.8% |
| Recurring financial charges | 65 | €582 | €530 | -€51 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €14,016 | €9,244 | -€4,772 | -34.0% |
| Income taxes | 67/77 | €3,750 | €3,581 | -€169 | -4.5% |
| Profit (loss) for the period | 9904 | €10,266 | €5,662 | -€4,604 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,266 | €5,662 | -€4,604 | -44.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.