MOSSELMAN: 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.
What changed
MOSSELMAN
NACE 20.140, Manufacture of chemicals and chemical products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9.8m
2024 · €12.8m-€3.0m
Equity
€46.8m
2024 · €40.1m+€6.8m
Cash
€18.7m
2024 · €23.0m-€4.3m
Balance sheet total
€56.5m
2024 · €56.5m-€54,622
Largest movements
Assets
- Receivables within one year +€5.7m
up €5.7m (+25.4%), from €22.4m to €28.0m
of which Other amounts receivable: +€7.7m
- Cash -€4.3m
down €4.3m (-18.6%), from €23.0m to €18.7m
mainly Receivables within one year (-€5.7m) and Other debts (-€3.9m)
- Stocks and contracts -€1.3m
down €1.3m (-16.5%), from €7.6m to €6.4m
Equity and liabilities
- Profit (loss) carried forward +€6.8m
up €6.8m (+20.2%), from €33.6m to €40.4m
- Other debts -€3.9m
down €3.9m (-54.7%), from €7.2m to €3.3m
- Trade debts -€1.7m
down €1.7m (-27.2%), from €6.1m to €4.4m
- Debts after one year -€1.0m
down €1.0m (-74.1%), from €1.4m to €350,000
Income statement
- Goods and materials +€3.4m
up €3.4m (+7.4%), from €45.9m to €49.3m
of which Change in stocks: decrease (increase): +€3.9m
- Taxes -€1.2m
down €1.2m (-27.4%), from €4.3m to €3.1m
- Turnover +€919,785
up €919,785 (+1.4%), from €68.1m to €69.0m
- Services and other goods +€820,437
up €820,437 (+23.9%), from €3.4m to €4.3m
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.
Result 2024
€12.8m
Turnover
+€919,785
Other operating income
-€4,201
Goods and materials
-€3.4m
Services and other goods
-€820,437
Staff costs
-€113,043
Depreciation
-€12,647
Write-downs
-€40,088
Provisions
+€30,129
Other operating charges
+€10,904
Other operating items
-€330,599
Financial income
-€260,469
Financial charges
-€222,288
Taxes
+€1.2m
Result 2025
€9.8m
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.
From operations
-€125,528
Investment
-€145,328
Financing
-€4.0m
Cash 2024
€23.0m
From operations (derived)
-€125,528
Net result for the year
+€9.8m
Depreciation
+€342,644
Stocks and contracts
+€1.3m
Receivables within one year
-€5.7m
Smaller working-capital items
-€219
Provisions
-€32,279
Trade debts
-€1.7m
Tax, wage and social debts
-€235,794
Other debts
-€3.9m
Investment (derived)
-€145,328
Investment in fixed assets (net)
-€136,513
Current investments
-€8,815
Financing
-€4.0m
Debts after one year
-€1.0m
Contributions, distributions and other
-€3.0m
Cash 2025
€18.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,544,107 | €56,489,485 | -€54,622 | -0.1% |
| Fixed assets | 21/28 | €1,552,364 | €1,346,233 | -€206,131 | -13.3% |
| Intangible fixed assets | 21 | - | €24,327 | +€24,327 | |
| Tangible fixed assets | 22/27 | €1,552,364 | €1,321,906 | -€230,458 | -14.8% |
| Land and buildings | 22 | €572,706 | €560,206 | -€12,500 | -2.2% |
| Plant, machinery and equipment | 23 | €874,840 | €619,896 | -€254,944 | -29.1% |
| Furniture and vehicles | 24 | €104,818 | €141,805 | +€36,986 | +35.3% |
| Current assets | 29/58 | €54,991,743 | €55,143,252 | +€151,509 | +0.3% |
| Stocks and contracts in progress | 3 | €7,624,505 | €6,368,754 | -€1.3m | -16.5% |
| Stocks | 30/36 | €7,624,505 | €6,368,754 | -€1.3m | -16.5% |
| Goods purchased for resale | 34 | €7,624,505 | €6,368,754 | -€1.3m | -16.5% |
| Amounts receivable within one year | 40/41 | €22,356,088 | €28,030,432 | +€5.7m | +25.4% |
| Trade receivables | 40 | €10,989,086 | €8,981,090 | -€2.0m | -18.3% |
| Other amounts receivable | 41 | €11,367,002 | €19,049,342 | +€7.7m | +67.6% |
| Current investments | 50/53 | €1,980,149 | €1,988,964 | +€8,815 | +0.4% |
| Other investments | 51/53 | €1,980,149 | €1,988,964 | +€8,815 | +0.4% |
| Cash at bank and in hand | 54/58 | €23,003,580 | €18,728,176 | -€4.3m | -18.6% |
| Deferred charges and accrued income | 490/1 | €27,422 | €26,927 | -€495 | -1.8% |
| Total equity and liabilities | 10/49 | €56,544,107 | €56,489,485 | -€54,622 | -0.1% |
| Equity | 10/15 | €40,051,412 | €46,847,545 | +€6.8m | +17.0% |
| Contributions | 10/11 | €4,191,880 | €4,191,880 | = | 0.0% |
| Capital | 10 | €4,191,880 | €4,191,880 | = | 0.0% |
| Issued capital | 100 | €4,191,880 | €4,191,880 | = | 0.0% |
| Reserves | 13 | €2,223,674 | €2,223,674 | = | 0.0% |
| Non-distributable reserves | 130/1 | €419,188 | €419,188 | = | 0.0% |
| Legal reserve | 130 | €419,188 | €419,188 | = | 0.0% |
| Tax-exempt reserves | 132 | €997,770 | €997,770 | = | 0.0% |
| Distributable reserves | 133 | €806,716 | €806,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,588,496 | €40,389,177 | +€6.8m | +20.2% |
| Investment grants | 15 | €47,362 | €42,815 | -€4,547 | -9.6% |
| Provisions and deferred taxes | 16 | €966,182 | €933,903 | -€32,279 | -3.3% |
| Provisions for liabilities and charges | 160/5 | €966,182 | €933,903 | -€32,279 | -3.3% |
| Other liabilities and charges | 164/5 | €966,182 | €933,903 | -€32,279 | -3.3% |
| Amounts payable | 17/49 | €15,526,514 | €8,708,038 | -€6.8m | -43.9% |
| Amounts payable after more than one year | 17 | €1,350,000 | €350,000 | -€1.0m | -74.1% |
| Other amounts payable | 178/9 | €1,350,000 | €350,000 | -€1.0m | -74.1% |
| Amounts payable within one year | 42/48 | €14,175,365 | €8,357,602 | -€5.8m | -41.0% |
| Trade debts | 44 | €6,090,855 | €4,436,298 | -€1.7m | -27.2% |
| Suppliers | 440/4 | €6,090,855 | €4,436,298 | -€1.7m | -27.2% |
| Taxes, remuneration and social security | 45 | €905,466 | €669,672 | -€235,794 | -26.0% |
| Taxes | 450/3 | €506,317 | €381,894 | -€124,423 | -24.6% |
| Remuneration and social security | 454/9 | €399,149 | €287,778 | -€111,371 | -27.9% |
| Other amounts payable | 47/48 | €7,179,043 | €3,251,632 | -€3.9m | -54.7% |
| Accrued charges and deferred income | 492/3 | €1,149 | €436 | -€713 | -62.1% |
| Operating income | 70/76A | €68,809,245 | €69,394,230 | +€584,985 | +0.9% |
| Turnover | 70 | €68,116,688 | €69,036,473 | +€919,785 | +1.4% |
| Other operating income | 74 | €349,275 | €345,074 | -€4,201 | -1.2% |
| Non-recurring operating income | 76A | €343,282 | €12,683 | -€330,599 | -96.3% |
| Operating charges | 60/66A | €52,577,175 | €56,901,170 | +€4.3m | +8.2% |
| Goods for resale, raw materials and consumables | 60 | €45,931,680 | €49,310,493 | +€3.4m | +7.4% |
| Purchases | 600/8 | €48,619,923 | €48,054,742 | -€565,182 | -1.2% |
| Change in stocks: decrease (increase) | 609 | -€2,688,244 | €1,255,751 | +€3.9m | |
| Services and other goods | 61 | €3,437,404 | €4,257,841 | +€820,437 | +23.9% |
| Remuneration, social security and pensions | 62 | €2,817,736 | €2,930,780 | +€113,043 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329,997 | €342,644 | +€12,647 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€40,088 | €0 | +€40,088 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,150 | -€32,279 | -€30,129 | -1401.3% |
| Other operating charges | 640/8 | €102,596 | €91,691 | -€10,904 | -10.6% |
| Operating profit (loss) | 9901 | €16,232,070 | €12,493,060 | -€3.7m | -23.0% |
| Financial income | 75/76B | €1,040,416 | €779,947 | -€260,469 | -25.0% |
| Recurring financial income | 75 | €1,040,416 | €779,947 | -€260,469 | -25.0% |
| Income from current assets | 751 | €874,640 | €311,936 | -€562,703 | -64.3% |
| Other financial income | 752/9 | €165,777 | €468,011 | +€302,234 | +182.3% |
| Financial charges | 65/66B | €146,657 | €368,944 | +€222,288 | +151.6% |
| Recurring financial charges | 65 | €146,657 | €236,944 | +€90,288 | +61.6% |
| Debt charges | 650 | €9 | €0 | -€9 | -100.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€22,978 | €0 | +€22,978 | |
| Other financial charges | 652/9 | €169,625 | €236,944 | +€67,319 | +39.7% |
| Non-recurring financial charges | 66B | - | €132,000 | +€132,000 | |
| Profit (loss) for the period before taxes | 9903 | €17,125,830 | €12,904,063 | -€4.2m | -24.7% |
| Income taxes | 67/77 | €4,277,094 | €3,103,383 | -€1.2m | -27.4% |
| Taxes | 670/3 | €4,277,094 | €3,103,383 | -€1.2m | -27.4% |
| Profit (loss) for the period | 9904 | €12,848,735 | €9,800,681 | -€3.0m | -23.7% |
| Transfer to tax-exempt reserves | 689 | €997,770 | €0 | -€997,770 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,850,965 | €9,800,681 | -€2.1m | -17.3% |
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 12 October 2026 via checked.be.