Mosselino: 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.
Mosselino
Largest movements
- Tangible fixed assets +€130,636
up €130,636 (+47.9%), from €272,617 to €403,253
of which Land and buildings: +€66,977
- Cash -€121,877
down €121,877 (-96.6%), from €126,109 to €4,233
mainly Investment in fixed assets (net) (-€193,747) and Debts after one year (-€24,108)
- Deferred charges and accrued income -€7,045
down €7,045 (-60.0%), from €11,739 to €4,694
- Receivables within one year +€6,763
up €6,763 (+67.9%), from €9,958 to €16,720
of which Trade receivables: +€8,153
- Stocks and contracts +€4,860
up €4,860 (+12.0%), from €40,638 to €45,498
- Debts after one year -€24,108
down €24,108 (-22.8%), from €105,898 to €81,790
- Other debts +€15,332
up €15,332 (+129%), from €11,851 to €27,183
- Reserves +€15,223
up €15,223 (+9.8%), from €156,105 to €171,328
of which Distributable reserves: +€15,223
- Gross operating margin -€34,136
down €34,136 (-12.2%), from €280,758 to €246,621
- Taxes -€28,511
down €28,511 (-87.6%), from €32,536 to €4,025
- Staff costs +€20,493
up €20,493 (+17.3%), from €118,602 to €139,095
- Depreciation +€18,864
up €18,864 (+42.6%), from €44,247 to €63,111
- Financial charges +€2,981
up €2,981 (+26.5%), from €11,239 to €14,220
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 | €461,061 | €474,398 | +€13,338 | +2.9% |
| Fixed assets | 21/28 | €272,617 | €403,253 | +€130,636 | +47.9% |
| Tangible fixed assets | 22/27 | €272,617 | €403,253 | +€130,636 | +47.9% |
| Land and buildings | 22 | €239,111 | €306,088 | +€66,977 | +28.0% |
| Plant, machinery and equipment | 23 | €27,653 | €73,896 | +€46,243 | +167% |
| Furniture and vehicles | 24 | €5,854 | €23,269 | +€17,415 | +297% |
| Current assets | 29/58 | €188,444 | €71,145 | -€117,298 | -62.2% |
| Stocks and contracts in progress | 3 | €40,638 | €45,498 | +€4,860 | +12.0% |
| Stocks | 30/36 | €40,638 | €45,498 | +€4,860 | +12.0% |
| Amounts receivable within one year | 40/41 | €9,958 | €16,720 | +€6,763 | +67.9% |
| Trade receivables | 40 | €8,567 | €16,720 | +€8,153 | +95.2% |
| Other amounts receivable | 41 | €1,390 | €0 | -€1,390 | -100% |
| Cash at bank and in hand | 54/58 | €126,109 | €4,233 | -€121,877 | -96.6% |
| Deferred charges and accrued income | 490/1 | €11,739 | €4,694 | -€7,045 | -60.0% |
| Total equity and liabilities | 10/49 | €461,061 | €474,398 | +€13,338 | +2.9% |
| Equity | 10/15 | €194,705 | €209,928 | +€15,223 | +7.8% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €156,105 | €171,328 | +€15,223 | +9.8% |
| Non-distributable reserves | 130/1 | €1,095 | €1,095 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,095 | €1,095 | = | 0.0% |
| Distributable reserves | 133 | €155,011 | €170,234 | +€15,223 | +9.8% |
| Amounts payable | 17/49 | €266,355 | €264,470 | -€1,885 | -0.7% |
| Amounts payable after more than one year | 17 | €105,898 | €81,790 | -€24,108 | -22.8% |
| Financial debts | 170/4 | €105,898 | €81,790 | -€24,108 | -22.8% |
| Amounts payable within one year | 42/48 | €159,790 | €181,976 | +€22,187 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €25,317 | €28,049 | +€2,732 | +10.8% |
| Financial debts | 43 | €3,684 | €7,500 | +€3,816 | +104% |
| Credit institutions | 430/8 | €3,684 | €7,500 | +€3,816 | +104% |
| Trade debts | 44 | €62,597 | €66,959 | +€4,362 | +7.0% |
| Suppliers | 440/4 | €62,597 | €66,959 | +€4,362 | +7.0% |
| Taxes, remuneration and social security | 45 | €56,340 | €52,286 | -€4,055 | -7.2% |
| Taxes | 450/3 | €42,518 | €42,488 | -€30 | -0.1% |
| Remuneration and social security | 454/9 | €13,822 | €9,798 | -€4,024 | -29.1% |
| Other amounts payable | 47/48 | €11,851 | €27,183 | +€15,332 | +129% |
| Accrued charges and deferred income | 492/3 | €668 | €704 | +€36 | +5.3% |
| Remuneration, social security and pensions | 62 | €118,602 | €139,095 | +€20,493 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,247 | €63,111 | +€18,864 | +42.6% |
| Other operating charges | 640/8 | €2,019 | €2,014 | -€6 | -0.3% |
| Non-recurring operating charges | 66A | €10,809 | €8,958 | -€1,851 | -17.1% |
| Gross operating margin | 9900 | €280,758 | €246,621 | -€34,136 | -12.2% |
| Operating profit (loss) | 9901 | €105,081 | €33,444 | -€71,637 | -68.2% |
| Financial income | 75/76B | €2,843 | €24 | -€2,818 | -99.1% |
| Recurring financial income | 75 | €182 | €24 | -€158 | -86.7% |
| Non-recurring financial income | 76B | €2,660 | €0 | -€2,660 | -100% |
| Financial charges | 65/66B | €11,239 | €14,220 | +€2,981 | +26.5% |
| Recurring financial charges | 65 | €11,239 | €14,220 | +€2,981 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €96,684 | €19,248 | -€77,436 | -80.1% |
| Income taxes | 67/77 | €32,536 | €4,025 | -€28,511 | -87.6% |
| Profit (loss) for the period | 9904 | €64,148 | €15,223 | -€48,925 | -76.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,148 | €15,223 | -€48,925 | -76.3% |
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 19 October 2026 via checked.be.