MOSKO: 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.
MOSKO
Largest movements
- Receivables within one year +€62,385
up €62,385 (+86.9%), from €71,828 to €134,212
of which Other amounts receivable: +€49,339
- Cash -€30,232
down €30,232 (-28.8%), from €105,131 to €74,899
mainly Receivables within one year (-€62,385) and Contributions, distributions and other (-€54,100)
- Tangible fixed assets -€13,848
down €13,848 (-13.0%), from €106,659 to €92,811
of which Leasing and similar rights: -€9,650
- Profit (loss) carried forward +€25,883
up €25,883 (+15.7%), from €165,004 to €190,886
- Debts after one year -€21,201
down €21,201 (-42.4%), from €49,951 to €28,750
- Other debts +€11,486
up €11,486 (+229%), from €5,014 to €16,500
- Contributions +€7,517
up €7,517 (+138%), from €5,460 to €12,976
- Trade debts -€7,479
down €7,479 (-40.2%), from €18,604 to €11,125
- Gross operating margin -€43,766
down €43,766 (-22.8%), from €192,256 to €148,490
- Taxes -€7,647
down €7,647 (-21.9%), from €34,907 to €27,260
- Depreciation +€6,389
up €6,389 (+29.8%), from €21,431 to €27,820
- Write-downs -€4,963
no longer reported in 2025 (was €4,963)
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 | €284,183 | €302,468 | +€18,285 | +6.4% |
| Fixed assets | 21/28 | €106,659 | €92,811 | -€13,848 | -13.0% |
| Tangible fixed assets | 22/27 | €106,659 | €92,811 | -€13,848 | -13.0% |
| Land and buildings | 22 | €29,490 | €26,252 | -€3,238 | -11.0% |
| Furniture and vehicles | 24 | €46,809 | €39,853 | -€6,956 | -14.9% |
| Leasing and similar rights | 25 | €26,068 | €16,418 | -€9,650 | -37.0% |
| Other tangible fixed assets | 26 | €4,292 | €10,287 | +€5,996 | +140% |
| Current assets | 29/58 | €177,524 | €209,657 | +€32,133 | +18.1% |
| Amounts receivable within one year | 40/41 | €71,828 | €134,212 | +€62,385 | +86.9% |
| Trade receivables | 40 | €53,570 | €66,616 | +€13,046 | +24.4% |
| Other amounts receivable | 41 | €18,258 | €67,597 | +€49,339 | +270% |
| Cash at bank and in hand | 54/58 | €105,131 | €74,899 | -€30,232 | -28.8% |
| Deferred charges and accrued income | 490/1 | €566 | €545 | -€20 | -3.6% |
| Total equity and liabilities | 10/49 | €284,183 | €302,468 | +€18,285 | +6.4% |
| Equity | 10/15 | €170,463 | €203,863 | +€33,399 | +19.6% |
| Contributions | 10/11 | €5,460 | €12,976 | +€7,517 | +138% |
| Contributions outside capital | 11 | €5,460 | €12,976 | +€7,517 | +138% |
| Other | 1109/19 | €5,460 | €12,976 | +€7,517 | +138% |
| Profit (loss) carried forward | 14 | €165,004 | €190,886 | +€25,883 | +15.7% |
| Amounts payable | 17/49 | €113,720 | €98,605 | -€15,114 | -13.3% |
| Amounts payable after more than one year | 17 | €49,951 | €28,750 | -€21,201 | -42.4% |
| Financial debts | 170/4 | €49,951 | €28,750 | -€21,201 | -42.4% |
| Amounts payable within one year | 42/48 | €63,200 | €69,856 | +€6,655 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €20,153 | €21,201 | +€1,047 | +5.2% |
| Trade debts | 44 | €18,604 | €11,125 | -€7,479 | -40.2% |
| Suppliers | 440/4 | €18,604 | €11,125 | -€7,479 | -40.2% |
| Taxes, remuneration and social security | 45 | €19,429 | €21,030 | +€1,601 | +8.2% |
| Taxes | 450/3 | €19,429 | €21,030 | +€1,601 | +8.2% |
| Other amounts payable | 47/48 | €5,014 | €16,500 | +€11,486 | +229% |
| Accrued charges and deferred income | 492/3 | €569 | - | -€569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,431 | €27,820 | +€6,389 | +29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,963 | - | -€4,963 | |
| Other operating charges | 640/8 | €1,672 | €2,351 | +€679 | +40.6% |
| Gross operating margin | 9900 | €192,256 | €148,490 | -€43,766 | -22.8% |
| Operating profit (loss) | 9901 | €164,190 | €118,319 | -€45,871 | -27.9% |
| Financial income | 75/76B | €15 | €95 | +€80 | +521% |
| Recurring financial income | 75 | €15 | €95 | +€80 | +521% |
| Financial charges | 65/66B | €4,563 | €3,655 | -€908 | -19.9% |
| Recurring financial charges | 65 | €4,563 | €3,655 | -€908 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €159,642 | €114,759 | -€44,883 | -28.1% |
| Income taxes | 67/77 | €34,907 | €27,260 | -€7,647 | -21.9% |
| Profit (loss) for the period | 9904 | €124,735 | €87,499 | -€37,236 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €124,735 | €87,499 | -€37,236 | -29.9% |
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 14 October 2026 via checked.be.