Mouad: what changed
Two fiscal 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.
Mouad
Largest movements
- Cash -€790
down €790 (-14.4%), from €5,494 to €4,704
mainly Net result for the year (-€8,948)
- Receivables within one year -€465
down €465 (-100.0%), from €465 to €0
- Profit (loss) carried forward -€8,948
down €8,948 (-39.7%), from -€22,564 to -€31,512
- Trade debts +€3,671
up €3,671 (+111.5%), from €3,291 to €6,962
- Other debts +€3,365
up €3,365 (+30.6%), from €10,983 to €14,348
- Tax, wage and social debts +€656
up €656 (+5.4%), from €12,249 to €12,906
of which Taxes: +€635
- Gross operating margin +€25,121
up €25,121, from -€19,629 to €5,492
- Staff costs +€13,532
new in 2025: €13,532
- Financial charges +€420
up €420 (+323.1%), from €130 to €550
- Other operating charges +€337
up €337 (+1587.7%), from €21 to €358
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,960 | €4,704 | -€1,256 | -21.1% |
| Current assets | 29/58 | €5,960 | €4,704 | -€1,256 | -21.1% |
| Amounts receivable within one year | 40/41 | €465 | €0 | -€465 | -100.0% |
| Other amounts receivable | 41 | €465 | €0 | -€465 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,494 | €4,704 | -€790 | -14.4% |
| Total equity and liabilities | 10/49 | €5,960 | €4,704 | -€1,256 | -21.1% |
| Equity | 10/15 | -€20,564 | -€29,512 | -€8,948 | -43.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,564 | -€31,512 | -€8,948 | -39.7% |
| Amounts payable | 17/49 | €26,524 | €34,216 | +€7,692 | +29.0% |
| Amounts payable within one year | 42/48 | €26,524 | €34,216 | +€7,692 | +29.0% |
| Trade debts | 44 | €3,291 | €6,962 | +€3,671 | +111.5% |
| Suppliers | 440/4 | €3,291 | €6,962 | +€3,671 | +111.5% |
| Taxes, remuneration and social security | 45 | €12,249 | €12,906 | +€656 | +5.4% |
| Taxes | 450/3 | €199 | €835 | +€635 | +318.5% |
| Remuneration and social security | 454/9 | €12,050 | €12,071 | +€21 | +0.2% |
| Other amounts payable | 47/48 | €10,983 | €14,348 | +€3,365 | +30.6% |
| Remuneration, social security and pensions | 62 | - | €13,532 | +€13,532 | |
| Other operating charges | 640/8 | €21 | €358 | +€337 | +1587.7% |
| Gross operating margin | 9900 | -€19,629 | €5,492 | +€25,121 | |
| Operating profit (loss) | 9901 | -€19,650 | -€8,398 | +€11,253 | +57.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €130 | €550 | +€420 | +323.1% |
| Recurring financial charges | 65 | €130 | €550 | +€420 | +323.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,781 | -€8,948 | +€10,833 | +54.8% |
| Profit (loss) for the period | 9904 | -€19,781 | -€8,948 | +€10,833 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,781 | -€8,948 | +€10,833 | +54.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.