MOULES ET CETERA: 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.
MOULES ET CETERA
Largest movements
- Tangible fixed assets +€28,950
up €28,950 (+414%), from €6,986 to €35,936
of which Plant, machinery and equipment: +€29,524
- Receivables within one year -€6,624
down €6,624 (-16.4%), from €40,351 to €33,727
of which Other amounts receivable: -€6,671
- Profit (loss) carried forward +€25,839
up €25,839 (+32.5%), from €79,385 to €105,224
- Trade debts -€24,929
down €24,929 (-56.7%), from €43,975 to €19,046
- Tax, wage and social debts +€20,815
up €20,815 (+45.4%), from €45,895 to €66,710
of which Remuneration and social security: +€14,073
- Other debts +€2,999
up €2,999 (+29.7%), from €10,081 to €13,080
- Gross operating margin +€103,438
up €103,438 (+47.1%), from €219,578 to €323,016
- Staff costs +€92,112
up €92,112 (+53.1%), from €173,442 to €265,554
- Financial charges +€5,756
up €5,756 (+141%), from €4,079 to €9,836
- Depreciation +€4,061
up €4,061 (+131%), from €3,099 to €7,161
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 | €201,499 | €224,519 | +€23,020 | +11.4% |
| Fixed assets | 21/28 | €7,136 | €36,086 | +€28,950 | +406% |
| Tangible fixed assets | 22/27 | €6,986 | €35,936 | +€28,950 | +414% |
| Plant, machinery and equipment | 23 | €5,043 | €34,567 | +€29,524 | +585% |
| Furniture and vehicles | 24 | €1,943 | €1,369 | -€574 | -29.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €194,363 | €188,433 | -€5,930 | -3.1% |
| Stocks and contracts in progress | 3 | €17,860 | €19,180 | +€1,320 | +7.4% |
| Stocks | 30/36 | €17,860 | €19,180 | +€1,320 | +7.4% |
| Amounts receivable within one year | 40/41 | €40,351 | €33,727 | -€6,624 | -16.4% |
| Trade receivables | 40 | €3,444 | €3,491 | +€47 | +1.4% |
| Other amounts receivable | 41 | €36,907 | €30,236 | -€6,671 | -18.1% |
| Cash at bank and in hand | 54/58 | €134,336 | €133,941 | -€395 | -0.3% |
| Deferred charges and accrued income | 490/1 | €1,816 | €1,585 | -€231 | -12.7% |
| Total equity and liabilities | 10/49 | €201,499 | €224,519 | +€23,020 | +11.4% |
| Equity | 10/15 | €99,845 | €125,684 | +€25,839 | +25.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €79,385 | €105,224 | +€25,839 | +32.5% |
| Amounts payable | 17/49 | €101,654 | €98,835 | -€2,818 | -2.8% |
| Amounts payable within one year | 42/48 | €101,654 | €98,835 | -€2,818 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €1,704 | - | -€1,704 | |
| Trade debts | 44 | €43,975 | €19,046 | -€24,929 | -56.7% |
| Suppliers | 440/4 | €43,975 | €19,046 | -€24,929 | -56.7% |
| Taxes, remuneration and social security | 45 | €45,895 | €66,710 | +€20,815 | +45.4% |
| Taxes | 450/3 | €31,774 | €38,516 | +€6,742 | +21.2% |
| Remuneration and social security | 454/9 | €14,121 | €28,193 | +€14,073 | +99.7% |
| Other amounts payable | 47/48 | €10,081 | €13,080 | +€2,999 | +29.7% |
| Non-recurring operating income | 76A | - | €397 | +€397 | |
| Remuneration, social security and pensions | 62 | €173,442 | €265,554 | +€92,112 | +53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,099 | €7,161 | +€4,061 | +131% |
| Other operating charges | 640/8 | €3,212 | €2,764 | -€448 | -13.9% |
| Non-recurring operating charges | 66A | €7,405 | - | -€7,405 | |
| Gross operating margin | 9900 | €219,578 | €323,016 | +€103,438 | +47.1% |
| Operating profit (loss) | 9901 | €32,420 | €47,538 | +€15,118 | +46.6% |
| Financial income | 75/76B | €351 | €880 | +€529 | +151% |
| Recurring financial income | 75 | €351 | €880 | +€529 | +151% |
| Financial charges | 65/66B | €4,079 | €9,836 | +€5,756 | +141% |
| Recurring financial charges | 65 | €4,079 | €9,836 | +€5,756 | +141% |
| Profit (loss) for the period before taxes | 9903 | €28,692 | €38,582 | +€9,890 | +34.5% |
| Income taxes | 67/77 | €11,287 | €12,743 | +€1,456 | +12.9% |
| Profit (loss) for the period | 9904 | €17,404 | €25,839 | +€8,434 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,404 | €25,839 | +€8,434 | +48.5% |
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 21 October 2026 via checked.be.