Moukafih: 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.
Moukafih
Largest movements
- Cash +€2,992
up €2,992 (+15.3%), from €19,552 to €22,544
mainly Net result for the year (+€5,570) and Depreciation (+€2,353)
- Tangible fixed assets -€2,353
down €2,353 (-33.3%), from €7,056 to €4,703
of which Plant, machinery and equipment: -€1,861
- Reserves +€5,570
up €5,570 (+15.4%), from €36,145 to €41,715
- Trade debts -€4,165
down €4,165 (-52.0%), from €8,015 to €3,850
- Tax, wage and social debts -€2,013
down €2,013 (-49.4%), from €4,072 to €2,058
- Other debts +€1,747
up €1,747 (+67.6%), from €2,585 to €4,333
- Gross operating margin -€12,616
down €12,616 (-54.1%), from €23,312 to €10,696
- Taxes -€2,013
down €2,013 (-49.4%), from €4,072 to €2,058
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,816 | €56,955 | +€1,139 | +2.0% |
| Fixed assets | 21/28 | €7,116 | €4,763 | -€2,353 | -33.1% |
| Intangible fixed assets | 21 | €60 | €60 | = | 0.0% |
| Tangible fixed assets | 22/27 | €7,056 | €4,703 | -€2,353 | -33.3% |
| Plant, machinery and equipment | 23 | €6,564 | €4,703 | -€1,861 | -28.4% |
| Furniture and vehicles | 24 | €492 | - | -€492 | |
| Current assets | 29/58 | €48,700 | €52,192 | +€3,492 | +7.2% |
| Amounts receivable within one year | 40/41 | €29,148 | €29,649 | +€500 | +1.7% |
| Trade receivables | 40 | €23,704 | €25,730 | +€2,026 | +8.5% |
| Other amounts receivable | 41 | €5,444 | €3,918 | -€1,526 | -28.0% |
| Cash at bank and in hand | 54/58 | €19,552 | €22,544 | +€2,992 | +15.3% |
| Total equity and liabilities | 10/49 | €55,816 | €56,955 | +€1,139 | +2.0% |
| Equity | 10/15 | €41,145 | €46,715 | +€5,570 | +13.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,145 | €41,715 | +€5,570 | +15.4% |
| Distributable reserves | 133 | €36,145 | €41,715 | +€5,570 | +15.4% |
| Amounts payable | 17/49 | €14,672 | €10,241 | -€4,431 | -30.2% |
| Amounts payable within one year | 42/48 | €14,672 | €10,241 | -€4,431 | -30.2% |
| Trade debts | 44 | €8,015 | €3,850 | -€4,165 | -52.0% |
| Suppliers | 440/4 | €8,015 | €3,850 | -€4,165 | -52.0% |
| Taxes, remuneration and social security | 45 | €4,072 | €2,058 | -€2,013 | -49.4% |
| Taxes | 450/3 | €4,072 | €2,058 | -€2,013 | -49.4% |
| Other amounts payable | 47/48 | €2,585 | €4,333 | +€1,747 | +67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,352 | €2,353 | +€1 | 0.0% |
| Other operating charges | 640/8 | €602 | €715 | +€113 | +18.7% |
| Gross operating margin | 9900 | €23,312 | €10,696 | -€12,616 | -54.1% |
| Operating profit (loss) | 9901 | €20,358 | €7,628 | -€12,730 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €20,358 | €7,628 | -€12,730 | -62.5% |
| Income taxes | 67/77 | €4,072 | €2,058 | -€2,013 | -49.4% |
| Profit (loss) for the period | 9904 | €16,286 | €5,570 | -€10,717 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,286 | €5,570 | -€10,717 | -65.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.