MOSHI MANAGEMENT: 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.
MOSHI MANAGEMENT
Largest movements
- Tangible fixed assets +€5,468
up €5,468 (+38.4%), from €14,251 to €19,719
of which Furniture and vehicles: +€6,190
- Cash -€1,536
down €1,536 (-81.5%), from €1,884 to €348
mainly Investment in fixed assets (net) (-€9,464) and Receivables within one year (-€1,344)
- Receivables within one year +€1,344
up €1,344 (+4.3%), from €30,888 to €32,231
of which Trade receivables: +€1,344
- Profit (loss) carried forward +€4,803
up €4,803 (+8.1%), from -€58,945 to -€54,141
- Trade debts +€1,524
new in 2025: €1,524
- Tax, wage and social debts -€784
down €784 (-20.9%), from €3,744 to €2,960
of which Taxes: -€1,284
- Gross operating margin +€2,778
up €2,778 (+34.3%), from €8,105 to €10,884
- Other operating charges -€288
down €288 (-29.1%), from €989 to €701
- Financial charges -€236
down €236 (-17.8%), from €1,328 to €1,092
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 | €48,446 | €54,132 | +€5,685 | +11.7% |
| Fixed assets | 21/28 | €14,301 | €19,769 | +€5,468 | +38.2% |
| Tangible fixed assets | 22/27 | €14,251 | €19,719 | +€5,468 | +38.4% |
| Plant, machinery and equipment | 23 | €1,177 | €836 | -€340 | -28.9% |
| Furniture and vehicles | 24 | €9,854 | €16,044 | +€6,190 | +62.8% |
| Other tangible fixed assets | 26 | €3,221 | €2,839 | -€382 | -11.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €34,145 | €34,362 | +€217 | +0.6% |
| Amounts receivable within one year | 40/41 | €30,888 | €32,231 | +€1,344 | +4.3% |
| Trade receivables | 40 | €8,336 | €9,680 | +€1,344 | +16.1% |
| Other amounts receivable | 41 | €22,551 | €22,551 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,884 | €348 | -€1,536 | -81.5% |
| Deferred charges and accrued income | 490/1 | €1,373 | €1,783 | +€409 | +29.8% |
| Total equity and liabilities | 10/49 | €48,446 | €54,132 | +€5,685 | +11.7% |
| Equity | 10/15 | -€46,545 | -€41,741 | +€4,803 | +10.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,945 | -€54,141 | +€4,803 | +8.1% |
| Amounts payable | 17/49 | €94,991 | €95,873 | +€882 | +0.9% |
| Amounts payable within one year | 42/48 | €94,991 | €95,873 | +€882 | +0.9% |
| Trade debts | 44 | - | €1,524 | +€1,524 | |
| Suppliers | 440/4 | - | €1,524 | +€1,524 | |
| Taxes, remuneration and social security | 45 | €3,744 | €2,960 | -€784 | -20.9% |
| Taxes | 450/3 | €2,244 | €960 | -€1,284 | -57.2% |
| Remuneration and social security | 454/9 | €1,500 | €2,000 | +€500 | +33.3% |
| Other amounts payable | 47/48 | €91,248 | €91,390 | +€142 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,936 | €3,995 | +€59 | +1.5% |
| Other operating charges | 640/8 | €989 | €701 | -€288 | -29.1% |
| Gross operating margin | 9900 | €8,105 | €10,884 | +€2,778 | +34.3% |
| Operating profit (loss) | 9901 | €3,181 | €6,188 | +€3,007 | +94.5% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,328 | €1,092 | -€236 | -17.8% |
| Recurring financial charges | 65 | €1,328 | €1,092 | -€236 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €1,853 | €5,099 | +€3,246 | +175.2% |
| Income taxes | 67/77 | €289 | €295 | +€6 | +2.1% |
| Profit (loss) for the period | 9904 | €1,564 | €4,803 | +€3,240 | +207.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,564 | €4,803 | +€3,240 | +207.2% |
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 8 October 2026 via checked.be.