MOULIN BOLAND: 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.
What changed
MOULIN BOLAND
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,719
2024 · €34,319-€26,600
Equity
€310,797
2024 · €303,078+€7,719
Cash
€21,375
2024 · €17,099+€4,276
Balance sheet total
€549,061
2024 · €542,010+€7,050
Largest movements
Assets
- Receivables within one year +€16,396
up €16,396 (+58.7%), from €27,923 to €44,319
of which Trade receivables: +€16,687
- Tangible fixed assets -€8,952
down €8,952 (-4.6%), from €194,742 to €185,791
of which Land and buildings: -€7,488
Equity and liabilities
- Trade debts +€9,961
up €9,961 (+9.5%), from €105,327 to €115,288
- Profit (loss) carried forward +€7,719
up €7,719 (+8.4%), from €91,574 to €99,293
- Advances received -€6,713
no longer reported in 2025 (was €6,713)
Income statement
- Staff costs +€14,373
up €14,373 (+8.0%), from €178,834 to €193,207
- Gross operating margin -€12,695
down €12,695 (-5.3%), from €240,670 to €227,975
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.
Result 2024
€34,319
Gross operating margin
-€12,695
Staff costs
-€14,373
Depreciation
+€1,416
Write-downs
-€330
Other operating charges
-€504
Financial income
-€253
Financial charges
+€140
Result 2025
€7,719
raises the resultlowers the result
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.
From operations
+€15,175
Investment
-€10,899
Financing
€0
Cash 2024
€17,099
From operations (derived)
+€15,175
Net result for the year
+€7,719
Depreciation
+€19,851
Stocks and contracts
+€4,956
Receivables within one year
-€16,396
Deferred charges and accrued income
-€287
Trade debts
+€9,961
Tax, wage and social debts
+€1,494
Advances received
-€6,713
Other debts
-€2,938
Accrued charges and deferred income
-€2,474
Investment (derived)
-€10,899
Investment in fixed assets (net)
-€10,899
Cash 2025
€21,375
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €542,010 | €549,061 | +€7,050 | +1.3% |
| Fixed assets | 21/28 | €194,866 | €185,914 | -€8,952 | -4.6% |
| Tangible fixed assets | 22/27 | €194,742 | €185,791 | -€8,952 | -4.6% |
| Land and buildings | 22 | €169,702 | €162,214 | -€7,488 | -4.4% |
| Plant, machinery and equipment | 23 | €15,857 | €10,821 | -€5,036 | -31.8% |
| Furniture and vehicles | 24 | €9,183 | €12,755 | +€3,572 | +38.9% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €347,144 | €363,146 | +€16,002 | +4.6% |
| Stocks and contracts in progress | 3 | €293,557 | €288,600 | -€4,956 | -1.7% |
| Stocks | 30/36 | €293,557 | €288,600 | -€4,956 | -1.7% |
| Amounts receivable within one year | 40/41 | €27,923 | €44,319 | +€16,396 | +58.7% |
| Trade receivables | 40 | €23,546 | €40,233 | +€16,687 | +70.9% |
| Other amounts receivable | 41 | €4,377 | €4,086 | -€291 | -6.6% |
| Cash at bank and in hand | 54/58 | €17,099 | €21,375 | +€4,276 | +25.0% |
| Deferred charges and accrued income | 490/1 | €8,565 | €8,852 | +€287 | +3.3% |
| Total equity and liabilities | 10/49 | €542,010 | €549,061 | +€7,050 | +1.3% |
| Equity | 10/15 | €303,078 | €310,797 | +€7,719 | +2.5% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €62,768 | €62,768 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,768 | €14,768 | = | 0.0% |
| Legal reserve | 130 | €14,768 | €14,768 | = | 0.0% |
| Distributable reserves | 133 | €48,000 | €48,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,574 | €99,293 | +€7,719 | +8.4% |
| Amounts payable | 17/49 | €238,932 | €238,264 | -€669 | -0.3% |
| Amounts payable within one year | 42/48 | €236,440 | €238,246 | +€1,805 | +0.8% |
| Financial debts | 43 | €70,000 | €70,000 | = | 0.0% |
| Other loans | 439 | €70,000 | €70,000 | = | 0.0% |
| Trade debts | 44 | €105,327 | €115,288 | +€9,961 | +9.5% |
| Suppliers | 440/4 | €105,327 | €115,288 | +€9,961 | +9.5% |
| Advances received on contracts in progress | 46 | €6,713 | - | -€6,713 | |
| Taxes, remuneration and social security | 45 | €31,253 | €32,747 | +€1,494 | +4.8% |
| Taxes | 450/3 | €565 | €2,013 | +€1,448 | +256% |
| Remuneration and social security | 454/9 | €30,688 | €30,734 | +€46 | +0.1% |
| Other amounts payable | 47/48 | €23,148 | €20,210 | -€2,938 | -12.7% |
| Accrued charges and deferred income | 492/3 | €2,492 | €18 | -€2,474 | -99.3% |
| Remuneration, social security and pensions | 62 | €178,834 | €193,207 | +€14,373 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,267 | €19,851 | -€1,416 | -6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €471 | €801 | +€330 | +70.1% |
| Other operating charges | 640/8 | €1,327 | €1,831 | +€504 | +38.0% |
| Gross operating margin | 9900 | €240,670 | €227,975 | -€12,695 | -5.3% |
| Operating profit (loss) | 9901 | €38,772 | €12,286 | -€26,486 | -68.3% |
| Financial income | 75/76B | €531 | €277 | -€253 | -47.7% |
| Recurring financial income | 75 | €531 | €277 | -€253 | -47.7% |
| Financial charges | 65/66B | €4,984 | €4,844 | -€140 | -2.8% |
| Recurring financial charges | 65 | €4,984 | €4,844 | -€140 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €34,319 | €7,719 | -€26,600 | -77.5% |
| Profit (loss) for the period | 9904 | €34,319 | €7,719 | -€26,600 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,319 | €7,719 | -€26,600 | -77.5% |
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 29 October 2026 via checked.be.