Mospanco Belgium: 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.
Mospanco Belgium
Largest movements
- Cash +€17,009
up €17,009 (+176%), from €9,641 to €26,650
mainly Net result for the year (+€11,806) and Trade debts (+€5,774)
- Profit (loss) carried forward +€11,806
up €11,806 (+13.2%), from €89,228 to €101,034
- Trade debts +€5,774
new in 2025: €5,774
- Taxes -€23,270
no longer reported in 2025 (was €23,270)
- Turnover -€18,520
down €18,520 (-31.9%), from €58,040 to €39,520
- Gross operating margin -€12,735
down €12,735 (-50.7%), from €25,097 to €12,362
- Purchases and services -€5,785
down €5,785 (-17.6%), from €32,943 to €27,158
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 | €107,828 | €125,408 | +€17,580 | +16.3% |
| Current assets | 29/58 | €107,828 | €125,408 | +€17,580 | +16.3% |
| Stocks and contracts in progress | 3 | €35,813 | €35,813 | = | 0.0% |
| Stocks | 30/36 | €35,813 | €35,813 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,374 | €62,945 | +€571 | +0.9% |
| Trade receivables | 40 | €61,989 | €61,989 | = | 0.0% |
| Other amounts receivable | 41 | €385 | €956 | +€571 | +148% |
| Cash at bank and in hand | 54/58 | €9,641 | €26,650 | +€17,009 | +176% |
| Total equity and liabilities | 10/49 | €107,828 | €125,408 | +€17,580 | +16.3% |
| Equity | 10/15 | €107,828 | €119,634 | +€11,806 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,228 | €101,034 | +€11,806 | +13.2% |
| Amounts payable | 17/49 | - | €5,774 | +€5,774 | |
| Amounts payable within one year | 42/48 | - | €5,774 | +€5,774 | |
| Trade debts | 44 | - | €5,774 | +€5,774 | |
| Suppliers | 440/4 | - | €5,774 | +€5,774 | |
| Turnover | 70 | €58,040 | €39,520 | -€18,520 | -31.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,943 | €27,158 | -€5,785 | -17.6% |
| Other operating charges | 640/8 | €697 | €418 | -€279 | -40.0% |
| Gross operating margin | 9900 | €25,097 | €12,362 | -€12,735 | -50.7% |
| Operating profit (loss) | 9901 | €24,400 | €11,944 | -€12,456 | -51.0% |
| Financial charges | 65/66B | €250 | €138 | -€112 | -44.8% |
| Recurring financial charges | 65 | €250 | €138 | -€112 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €24,150 | €11,806 | -€12,344 | -51.1% |
| Income taxes | 67/77 | €23,270 | - | -€23,270 | |
| Profit (loss) for the period | 9904 | €880 | €11,806 | +€10,926 | +1,242% |
| Profit (loss) for the period to be appropriated | 9905 | €880 | €11,806 | +€10,926 | +1,242% |
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 26 October 2026 via checked.be.