MOULAND: 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.
MOULAND
Largest movements
- Tangible fixed assets -€27,397
down €27,397 (-8.9%), from €308,317 to €280,920
- Debts after one year -€30,614
down €30,614 (-7.8%), from €394,058 to €363,444
of which Financial debts: -€28,215
- Gross operating margin -€1,543
down €1,543 (-3.1%), from €50,518 to €48,975
- Financial charges +€1,354
up €1,354 (+11.5%), from €11,802 to €13,156
- Financial income -€664
down €664 (-100.0%), from €664 to €0
- Other operating charges +€591
up €591 (+10.3%), from €5,730 to €6,321
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 | €310,354 | €282,957 | -€27,397 | -8.8% |
| Fixed assets | 21/28 | €308,317 | €280,920 | -€27,397 | -8.9% |
| Tangible fixed assets | 22/27 | €308,317 | €280,920 | -€27,397 | -8.9% |
| Land and buildings | 22 | €308,317 | €280,920 | -€27,397 | -8.9% |
| Current assets | 29/58 | €2,036 | €2,037 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €2,036 | €2,037 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €310,354 | €282,957 | -€27,397 | -8.8% |
| Equity | 10/15 | -€113,317 | -€111,216 | +€2,101 | +1.9% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,219 | -€152,118 | +€2,101 | +1.4% |
| Amounts payable | 17/49 | €423,670 | €394,173 | -€29,497 | -7.0% |
| Amounts payable after more than one year | 17 | €394,058 | €363,444 | -€30,614 | -7.8% |
| Financial debts | 170/4 | €244,422 | €216,207 | -€28,215 | -11.5% |
| Other amounts payable | 178/9 | €149,636 | €147,237 | -€2,399 | -1.6% |
| Amounts payable within one year | 42/48 | €29,612 | €30,729 | +€1,117 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €29,612 | €30,729 | +€1,117 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,397 | €27,397 | = | 0.0% |
| Other operating charges | 640/8 | €5,730 | €6,321 | +€591 | +10.3% |
| Gross operating margin | 9900 | €50,518 | €48,975 | -€1,543 | -3.1% |
| Operating profit (loss) | 9901 | €17,390 | €15,257 | -€2,134 | -12.3% |
| Financial income | 75/76B | €664 | €0 | -€664 | -100.0% |
| Recurring financial income | 75 | €664 | €0 | -€664 | -100.0% |
| Financial charges | 65/66B | €11,802 | €13,156 | +€1,354 | +11.5% |
| Recurring financial charges | 65 | €11,802 | €13,156 | +€1,354 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €6,252 | €2,101 | -€4,151 | -66.4% |
| Profit (loss) for the period | 9904 | €6,252 | €2,101 | -€4,151 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,252 | €2,101 | -€4,151 | -66.4% |
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.