MOUCHI: 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.
MOUCHI
Largest movements
- Deferred charges and accrued income -€17,493
no longer reported in 2025 (was €17,493)
- Cash +€3,647
up €3,647 (+149.3%), from €2,443 to €6,090
mainly Deferred charges and accrued income (+€17,493) and Net result for the year (+€6,375)
- Stocks and contracts -€1,591
down €1,591 (-42.6%), from €3,730 to €2,139
- Receivables within one year -€1,562
down €1,562 (-100.0%), from €1,562 to €0
of which Trade receivables: -€1,562
- Financial fixed assets +€281
up €281 (+18.7%), from €1,500 to €1,781
- Trade debts -€27,017
down €27,017 (-79.0%), from €34,186 to €7,169
- Profit (loss) carried forward +€6,375
up €6,375 (+19.5%), from -€32,654 to -€26,279
- Short-term financial debts +€4,414
new in 2025: €4,414
- Contributions -€1,500
no longer reported in 2025 (was €1,500)
- Other debts +€890
up €890 (+5.7%), from €15,656 to €16,546
- Staff costs -€17,927
down €17,927 (-54.4%), from €32,968 to €15,041
- Gross operating margin +€3,248
up €3,248 (+14.8%), from €21,951 to €25,199
- Other operating charges -€1,710
down €1,710 (-33.4%), from €5,119 to €3,408
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 | €27,811 | €10,769 | -€17,042 | -61.3% |
| Formation expenses | 20 | €141 | - | -€141 | |
| Fixed assets | 21/28 | €2,442 | €2,539 | +€97 | +4.0% |
| Tangible fixed assets | 22/27 | €942 | €758 | -€184 | -19.5% |
| Plant, machinery and equipment | 23 | €627 | €561 | -€66 | -10.5% |
| Furniture and vehicles | 24 | €315 | €197 | -€118 | -37.5% |
| Financial fixed assets | 28 | €1,500 | €1,781 | +€281 | +18.7% |
| Current assets | 29/58 | €25,228 | €8,230 | -€16,998 | -67.4% |
| Stocks and contracts in progress | 3 | €3,730 | €2,139 | -€1,591 | -42.6% |
| Stocks | 30/36 | €3,730 | €2,139 | -€1,591 | -42.6% |
| Amounts receivable within one year | 40/41 | €1,562 | €0 | -€1,562 | -100.0% |
| Trade receivables | 40 | €1,562 | - | -€1,562 | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €2,443 | €6,090 | +€3,647 | +149.3% |
| Deferred charges and accrued income | 490/1 | €17,493 | - | -€17,493 | |
| Total equity and liabilities | 10/49 | €27,811 | €10,769 | -€17,042 | -61.3% |
| Equity | 10/15 | -€31,154 | -€26,279 | +€4,875 | +15.6% |
| Contributions | 10/11 | €1,500 | - | -€1,500 | |
| Profit (loss) carried forward | 14 | -€32,654 | -€26,279 | +€6,375 | +19.5% |
| Amounts payable | 17/49 | €58,965 | €37,048 | -€21,917 | -37.2% |
| Amounts payable within one year | 42/48 | €58,965 | €37,048 | -€21,917 | -37.2% |
| Financial debts | 43 | - | €4,414 | +€4,414 | |
| Other loans | 439 | - | €4,414 | +€4,414 | |
| Trade debts | 44 | €34,186 | €7,169 | -€27,017 | -79.0% |
| Suppliers | 440/4 | €34,186 | €7,169 | -€27,017 | -79.0% |
| Taxes, remuneration and social security | 45 | €9,122 | €8,919 | -€204 | -2.2% |
| Taxes | 450/3 | €1,948 | €0 | -€1,948 | -100.0% |
| Remuneration and social security | 454/9 | €7,174 | €8,919 | +€1,745 | +24.3% |
| Other amounts payable | 47/48 | €15,656 | €16,546 | +€890 | +5.7% |
| Remuneration, social security and pensions | 62 | €32,968 | €15,041 | -€17,927 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €352 | €184 | -€167 | -47.6% |
| Other operating charges | 640/8 | €5,119 | €3,408 | -€1,710 | -33.4% |
| Gross operating margin | 9900 | €21,951 | €25,199 | +€3,248 | +14.8% |
| Operating profit (loss) | 9901 | -€16,487 | €6,565 | +€23,052 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €161 | €190 | +€29 | +18.0% |
| Recurring financial charges | 65 | €161 | €190 | +€29 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,649 | €6,375 | +€23,023 | |
| Profit (loss) for the period | 9904 | -€16,649 | €6,375 | +€23,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,649 | €6,375 | +€23,023 |
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 10 October 2026 via checked.be.