MOUKTADA: 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.
MOUKTADA
Largest movements
- Cash -€872
down €872 (-30.8%), from €2,826 to €1,954
mainly Other debts (-€1,090) and Tax, wage and social debts (-€850)
- Receivables within one year +€720
new in 2025: €720
- Profit (loss) carried forward +€1,847
up €1,847 (+8.3%), from -€22,310 to -€20,464
- Other debts -€1,090
down €1,090 (-38.4%), from €2,837 to €1,747
- Tax, wage and social debts -€850
down €850 (-49.3%), from €1,723 to €874
- Trade debts -€58
down €58 (-5.0%), from €1,175 to €1,117
- Gross operating margin +€6,786
up €6,786 (+152.5%), from €4,450 to €11,236
- Staff costs +€5,697
up €5,697 (+158.7%), from €3,590 to €9,287
- Other operating charges -€123
no longer reported in 2025 (was €123)
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 | €2,826 | €2,674 | -€152 | -5.4% |
| Current assets | 29/58 | €2,826 | €2,674 | -€152 | -5.4% |
| Amounts receivable within one year | 40/41 | - | €720 | +€720 | |
| Trade receivables | 40 | - | €720 | +€720 | |
| Cash at bank and in hand | 54/58 | €2,826 | €1,954 | -€872 | -30.8% |
| Total equity and liabilities | 10/49 | €2,826 | €2,674 | -€152 | -5.4% |
| Equity | 10/15 | -€3,710 | -€1,864 | +€1,847 | +49.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,310 | -€20,464 | +€1,847 | +8.3% |
| Amounts payable | 17/49 | €6,536 | €4,538 | -€1,998 | -30.6% |
| Amounts payable within one year | 42/48 | €6,536 | €4,538 | -€1,998 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €800 | €800 | = | 0.0% |
| Trade debts | 44 | €1,175 | €1,117 | -€58 | -5.0% |
| Suppliers | 440/4 | €1,175 | €1,117 | -€58 | -5.0% |
| Taxes, remuneration and social security | 45 | €1,723 | €874 | -€850 | -49.3% |
| Remuneration and social security | 454/9 | €1,723 | €874 | -€850 | -49.3% |
| Other amounts payable | 47/48 | €2,837 | €1,747 | -€1,090 | -38.4% |
| Remuneration, social security and pensions | 62 | €3,590 | €9,287 | +€5,697 | +158.7% |
| Other operating charges | 640/8 | €123 | - | -€123 | |
| Gross operating margin | 9900 | €4,450 | €11,236 | +€6,786 | +152.5% |
| Operating profit (loss) | 9901 | €738 | €1,949 | +€1,212 | +164.2% |
| Financial charges | 65/66B | €116 | €103 | -€13 | -11.3% |
| Recurring financial charges | 65 | €116 | €103 | -€13 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €622 | €1,847 | +€1,225 | +197.0% |
| Profit (loss) for the period | 9904 | €622 | €1,847 | +€1,225 | +197.0% |
| Profit (loss) for the period to be appropriated | 9905 | €622 | €1,847 | +€1,225 | +197.0% |
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 2 October 2026 via checked.be.