MOSSELMAN SEAFOOD: what changed
What changed
MOSSELMAN SEAFOOD
NACE 46.323, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€146,433
31-12-2023 · €21,413-€167,847
Equity
€533,817
31-12-2023 · €680,251-€146,433
Cash
€267,973
31-12-2023 · €180,414+€87,559
Balance sheet total
€1.5m
31-12-2023 · €1.1m+€416,385
Largest movements
Assets
- Receivables within one year +€335,295
up €335,295 (+38.6%), from €867,864 to €1.2m
of which Trade receivables: +€315,914
- Cash +€87,559
up €87,559 (+48.5%), from €180,414 to €267,973
mainly Trade debts (+€440,080) and Tax, wage and social debts (+€81,214)
Equity and liabilities
- Trade debts +€440,080
up €440,080 (+1,204%), from €36,537 to €476,617
- Reserves -€146,433
down €146,433 (-30.2%), from €484,912 to €338,479
- Tax, wage and social debts +€81,214
up €81,214 (+77.3%), from €105,125 to €186,339
of which Taxes: +€52,682
- Provisions +€35,099
new in 2024: €35,099
Income statement
- Staff costs +€386,039
up €386,039 (+70.7%), from €546,200 to €932,240
- Gross operating margin +€227,592
up €227,592 (+37.9%), from €600,805 to €828,398
- Provisions +€35,099
new in 2024: €35,099
- Write-downs -€12,687
down €12,687 (-81.1%), from €15,646 to €2,959
- Taxes -€11,125
down €11,125 (-90.8%), from €12,257 to €1,132
Change in the result, 31-12-2023 to 31-12-2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 31-12-2023
€21,413
Gross operating margin
+€227,592
Staff costs
-€386,039
Write-downs
+€12,687
Provisions
-€35,099
Other operating charges
-€693
Financial income
+€2,877
Financial charges
-€298
Taxes
+€11,125
Result 31-12-2024
-€146,433
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€92,932
Investment
€0
Financing
-€5,374
Cash 31-12-2023
€180,414
From operations (derived)
+€92,932
Net result for the year
-€146,433
Depreciation
+€6,393
Receivables within one year
-€335,295
Smaller working-capital items
-€257
Provisions
+€35,099
Trade debts
+€440,080
Tax, wage and social debts
+€81,214
Other debts
+€12,133
Financing
-€5,374
Short-term financial debts
-€5,374
Cash 31-12-2024
€267,973
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,060,088 | €1,476,473 | +€416,385 | +39.3% |
| Fixed assets | 21/28 | €10,627 | €4,235 | -€6,393 | -60.2% |
| Tangible fixed assets | 22/27 | €8,915 | €2,522 | -€6,393 | -71.7% |
| Furniture and vehicles | 24 | €8,915 | €2,522 | -€6,393 | -71.7% |
| Financial fixed assets | 28 | €1,713 | €1,713 | = | 0.0% |
| Current assets | 29/58 | €1,049,460 | €1,472,238 | +€422,777 | +40.3% |
| Amounts receivable within one year | 40/41 | €867,864 | €1,203,159 | +€335,295 | +38.6% |
| Trade receivables | 40 | €522,315 | €838,229 | +€315,914 | +60.5% |
| Other amounts receivable | 41 | €345,549 | €364,931 | +€19,381 | +5.6% |
| Cash at bank and in hand | 54/58 | €180,414 | €267,973 | +€87,559 | +48.5% |
| Deferred charges and accrued income | 490/1 | €1,182 | €1,106 | -€76 | -6.5% |
| Total equity and liabilities | 10/49 | €1,060,088 | €1,476,473 | +€416,385 | +39.3% |
| Equity | 10/15 | €680,251 | €533,817 | -€146,433 | -21.5% |
| Contributions | 10/11 | €195,338 | €195,338 | = | 0.0% |
| Reserves | 13 | €484,912 | €338,479 | -€146,433 | -30.2% |
| Distributable reserves | 133 | €484,912 | €338,479 | -€146,433 | -30.2% |
| Provisions and deferred taxes | 16 | - | €35,099 | +€35,099 | |
| Provisions for liabilities and charges | 160/5 | - | €35,099 | +€35,099 | |
| Other liabilities and charges | 164/5 | - | €35,099 | +€35,099 | |
| Amounts payable | 17/49 | €379,837 | €907,557 | +€527,720 | +139% |
| Amounts payable within one year | 42/48 | €379,503 | €907,557 | +€528,054 | +139% |
| Financial debts | 43 | €218,911 | €213,537 | -€5,374 | -2.5% |
| Credit institutions | 430/8 | €218,911 | €213,537 | -€5,374 | -2.5% |
| Trade debts | 44 | €36,537 | €476,617 | +€440,080 | +1,204% |
| Suppliers | 440/4 | €36,537 | €476,617 | +€440,080 | +1,204% |
| Taxes, remuneration and social security | 45 | €105,125 | €186,339 | +€81,214 | +77.3% |
| Taxes | 450/3 | €28,473 | €81,156 | +€52,682 | +185% |
| Remuneration and social security | 454/9 | €76,652 | €105,183 | +€28,531 | +37.2% |
| Other amounts payable | 47/48 | €18,930 | €31,064 | +€12,133 | +64.1% |
| Accrued charges and deferred income | 492/3 | €334 | - | -€334 | |
| Non-recurring operating income | 76A | - | €5,579 | +€5,579 | |
| Remuneration, social security and pensions | 62 | €546,200 | €932,240 | +€386,039 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,393 | €6,393 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,646 | €2,959 | -€12,687 | -81.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €35,099 | +€35,099 | |
| Other operating charges | 640/8 | €4,420 | €5,113 | +€693 | +15.7% |
| Gross operating margin | 9900 | €600,805 | €828,398 | +€227,592 | +37.9% |
| Operating profit (loss) | 9901 | €28,147 | -€153,405 | -€181,552 | |
| Financial income | 75/76B | €18,459 | €21,337 | +€2,877 | +15.6% |
| Recurring financial income | 75 | €18,459 | €21,337 | +€2,877 | +15.6% |
| Financial charges | 65/66B | €12,935 | €13,233 | +€298 | +2.3% |
| Recurring financial charges | 65 | €12,935 | €13,233 | +€298 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €33,670 | -€145,301 | -€178,972 | |
| Income taxes | 67/77 | €12,257 | €1,132 | -€11,125 | -90.8% |
| Profit (loss) for the period | 9904 | €21,413 | -€146,433 | -€167,847 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,413 | -€146,433 | -€167,847 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.