MOUCHE: 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.
MOUCHE
Largest movements
- Tangible fixed assets -€15,578
down €15,578 (-14.5%), from €107,778 to €92,200
of which Other tangible fixed assets: -€13,961
- Stocks and contracts +€12,044
up €12,044 (+50.4%), from €23,878 to €35,921
- Intangible fixed assets -€8,000
down €8,000 (-40.1%), from €19,945 to €11,945
- Cash +€7,178
up €7,178 (+43.2%), from €16,610 to €23,789
mainly Depreciation (+€23,578) and Net result for the year (+€20,684)
- Other debts -€22,711
down €22,711 (-11.4%), from €198,372 to €175,660
- Profit (loss) carried forward +€20,684
up €20,684 (+70.7%), from -€29,254 to -€8,570
- Trade debts -€6,128
down €6,128 (-34.7%), from €17,638 to €11,510
- Accrued charges and deferred income +€5,224
up €5,224 (+26238.1%), from €20 to €5,244
- Gross operating margin +€22,324
up €22,324 (+88.2%), from €25,297 to €47,621
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 | €198,813 | €196,629 | -€2,184 | -1.1% |
| Fixed assets | 21/28 | €146,963 | €123,135 | -€23,828 | -16.2% |
| Intangible fixed assets | 21 | €19,945 | €11,945 | -€8,000 | -40.1% |
| Tangible fixed assets | 22/27 | €107,778 | €92,200 | -€15,578 | -14.5% |
| Plant, machinery and equipment | 23 | €11,988 | €10,371 | -€1,617 | -13.5% |
| Other tangible fixed assets | 26 | €95,790 | €81,829 | -€13,961 | -14.6% |
| Financial fixed assets | 28 | €19,240 | €18,990 | -€250 | -1.3% |
| Current assets | 29/58 | €51,850 | €73,494 | +€21,644 | +41.7% |
| Stocks and contracts in progress | 3 | €23,878 | €35,921 | +€12,044 | +50.4% |
| Stocks | 30/36 | €23,878 | €35,921 | +€12,044 | +50.4% |
| Amounts receivable within one year | 40/41 | €9,880 | €11,739 | +€1,859 | +18.8% |
| Trade receivables | 40 | €9,289 | €11,480 | +€2,191 | +23.6% |
| Other amounts receivable | 41 | €591 | €259 | -€332 | -56.1% |
| Cash at bank and in hand | 54/58 | €16,610 | €23,789 | +€7,178 | +43.2% |
| Deferred charges and accrued income | 490/1 | €1,482 | €2,044 | +€563 | +38.0% |
| Total equity and liabilities | 10/49 | €198,813 | €196,629 | -€2,184 | -1.1% |
| Equity | 10/15 | -€19,254 | €1,430 | +€20,684 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,254 | -€8,570 | +€20,684 | +70.7% |
| Amounts payable | 17/49 | €218,068 | €195,199 | -€22,869 | -10.5% |
| Amounts payable within one year | 42/48 | €218,048 | €189,955 | -€28,093 | -12.9% |
| Trade debts | 44 | €17,638 | €11,510 | -€6,128 | -34.7% |
| Suppliers | 440/4 | €17,638 | €11,510 | -€6,128 | -34.7% |
| Advances received on contracts in progress | 46 | €54 | - | -€54 | |
| Taxes, remuneration and social security | 45 | €1,984 | €2,785 | +€800 | +40.3% |
| Taxes | 450/3 | €684 | €185 | -€500 | -73.0% |
| Remuneration and social security | 454/9 | €1,300 | €2,600 | +€1,300 | +100.0% |
| Other amounts payable | 47/48 | €198,372 | €175,660 | -€22,711 | -11.4% |
| Accrued charges and deferred income | 492/3 | €20 | €5,244 | +€5,224 | +26238.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,578 | €23,578 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,946 | €3,119 | +€174 | +5.9% |
| Gross operating margin | 9900 | €25,297 | €47,621 | +€22,324 | +88.2% |
| Operating profit (loss) | 9901 | -€1,227 | €20,924 | +€22,151 | |
| Financial income | 75/76B | €248 | €1 | -€247 | -99.4% |
| Recurring financial income | 75 | €248 | €1 | -€247 | -99.4% |
| Non-recurring financial income | 76B | - | €1 | +€1 | |
| Financial charges | 65/66B | €237 | €241 | +€4 | +1.7% |
| Recurring financial charges | 65 | €237 | €241 | +€4 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,215 | €20,684 | +€21,900 | |
| Profit (loss) for the period | 9904 | -€1,215 | €20,684 | +€21,900 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,215 | €20,684 | +€21,900 |
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 30 September 2026 via checked.be.