MOUKRIME: 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.
MOUKRIME
Largest movements
- Tangible fixed assets -€5,202
down €5,202 (-4.7%), from €109,842 to €104,640
of which Land and buildings: -€5,005
- Cash -€2,199
down €2,199 (-29.3%), from €7,513 to €5,314
mainly Net result for the year (-€15,359) and Tax, wage and social debts (-€12,176)
- Trade debts +€25,184
up €25,184 (+75.1%), from €33,547 to €58,730
- Profit (loss) carried forward -€15,359
down €15,359 (-27.8%), from €55,345 to €39,986
- Tax, wage and social debts -€12,176
down €12,176 (-52.7%), from €23,116 to €10,940
of which Remuneration and social security: -€7,762
- Debts after one year -€6,430
down €6,430 (-10.0%), from €64,065 to €57,635
- Staff costs -€8,737
down €8,737 (-18.4%), from €47,389 to €38,652
- Gross operating margin -€5,550
down €5,550 (-12.7%), from €43,589 to €38,039
- Financial charges +€2,785
up €2,785 (+55.5%), from €5,015 to €7,800
- Depreciation +€2,540
up €2,540 (+95.4%), from €2,662 to €5,202
- Other operating charges +€633
up €633 (+45.3%), from €1,398 to €2,032
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.
Derived cash bridge
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 | €207,137 | €198,689 | -€8,448 | -4.1% |
| Fixed assets | 21/28 | €110,102 | €104,900 | -€5,202 | -4.7% |
| Tangible fixed assets | 22/27 | €109,842 | €104,640 | -€5,202 | -4.7% |
| Land and buildings | 22 | €108,970 | €103,965 | -€5,005 | -4.6% |
| Plant, machinery and equipment | 23 | €872 | €675 | -€197 | -22.6% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €97,035 | €93,789 | -€3,246 | -3.3% |
| Amounts receivable after more than one year | 29 | €78,808 | €78,808 | = | 0.0% |
| Other amounts receivable | 291 | €78,808 | €78,808 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,529 | €7,767 | -€1,762 | -18.5% |
| Stocks | 30/36 | €9,529 | €7,767 | -€1,762 | -18.5% |
| Amounts receivable within one year | 40/41 | €1,186 | €1,900 | +€715 | +60.3% |
| Trade receivables | 40 | €142 | - | -€142 | |
| Other amounts receivable | 41 | €1,043 | €1,900 | +€857 | +82.1% |
| Cash at bank and in hand | 54/58 | €7,513 | €5,314 | -€2,199 | -29.3% |
| Total equity and liabilities | 10/49 | €207,137 | €198,689 | -€8,448 | -4.1% |
| Equity | 10/15 | €79,137 | €63,778 | -€15,359 | -19.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,393 | €11,393 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,533 | €9,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,345 | €39,986 | -€15,359 | -27.8% |
| Amounts payable | 17/49 | €128,000 | €134,911 | +€6,911 | +5.4% |
| Amounts payable after more than one year | 17 | €64,065 | €57,635 | -€6,430 | -10.0% |
| Financial debts | 170/4 | €64,065 | €57,635 | -€6,430 | -10.0% |
| Amounts payable within one year | 42/48 | €63,934 | €77,276 | +€13,342 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €6,097 | €6,430 | +€334 | +5.5% |
| Trade debts | 44 | €33,547 | €58,730 | +€25,184 | +75.1% |
| Suppliers | 440/4 | €33,547 | €58,730 | +€25,184 | +75.1% |
| Advances received on contracts in progress | 46 | €1,175 | €1,175 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €23,116 | €10,940 | -€12,176 | -52.7% |
| Taxes | 450/3 | €10,133 | €5,719 | -€4,414 | -43.6% |
| Remuneration and social security | 454/9 | €12,983 | €5,221 | -€7,762 | -59.8% |
| Remuneration, social security and pensions | 62 | €47,389 | €38,652 | -€8,737 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,662 | €5,202 | +€2,540 | +95.4% |
| Other operating charges | 640/8 | €1,398 | €2,032 | +€633 | +45.3% |
| Gross operating margin | 9900 | €43,589 | €38,039 | -€5,550 | -12.7% |
| Operating profit (loss) | 9901 | -€7,860 | -€7,846 | +€14 | +0.2% |
| Financial income | 75/76B | - | €522 | +€522 | |
| Recurring financial income | 75 | - | €522 | +€522 | |
| Financial charges | 65/66B | €5,015 | €7,800 | +€2,785 | +55.5% |
| Recurring financial charges | 65 | €5,015 | €7,800 | +€2,785 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,874 | -€15,124 | -€2,249 | -17.5% |
| Income taxes | 67/77 | €228 | €235 | +€7 | +3.1% |
| Profit (loss) for the period | 9904 | -€13,103 | -€15,359 | -€2,256 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,103 | -€15,359 | -€2,256 | -17.2% |
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 15 October 2026 via checked.be.