Moulin Georges: 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.
Moulin Georges
Largest movements
- Receivables within one year +€27,844
up €27,844 (+11.5%), from €243,012 to €270,856
of which Other amounts receivable: +€37,175
- Tangible fixed assets -€27,760
down €27,760 (-33.6%), from €82,528 to €54,768
of which Furniture and vehicles: -€18,479
- Deferred charges and accrued income +€16,080
up €16,080 (+417%), from €3,857 to €19,936
- Cash -€11,463
down €11,463 (-16.1%), from €71,030 to €59,567
mainly Other debts (-€40,000) and Contributions, distributions and other (-€40,000)
- Trade debts +€107,700
up €107,700 (+45.7%), from €235,719 to €343,418
- Profit (loss) carried forward -€40,000
down €40,000 (-26.4%), from €151,746 to €111,746
- Other debts -€40,000
down €40,000 (-50.0%), from €80,000 to €40,000
- Reserves -€12,394
down €12,394 (-17.3%), from €71,594 to €59,200
of which Distributable reserves: -€12,394
- Tax, wage and social debts -€7,950
down €7,950 (-31.4%), from €25,359 to €17,409
of which Remuneration and social security: -€7,667
- Goods and materials +€117,470
up €117,470 (+8.2%), from €1.4m to €1.5m
of which Purchases: +€127,981
- Turnover +€43,088
up €43,088 (+1.9%), from €2.3m to €2.3m
- Services and other goods +€33,851
up €33,851 (+7.2%), from €468,832 to €502,683
- Staff costs -€23,346
down €23,346 (-9.2%), from €254,523 to €231,177
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 | €584,418 | €591,774 | +€7,356 | +1.3% |
| Fixed assets | 21/28 | €82,528 | €54,768 | -€27,760 | -33.6% |
| Tangible fixed assets | 22/27 | €82,528 | €54,768 | -€27,760 | -33.6% |
| Plant, machinery and equipment | 23 | €11,938 | €5,469 | -€6,468 | -54.2% |
| Furniture and vehicles | 24 | €65,111 | €46,632 | -€18,479 | -28.4% |
| Other tangible fixed assets | 26 | €5,480 | €2,667 | -€2,813 | -51.3% |
| Current assets | 29/58 | €501,890 | €537,006 | +€35,116 | +7.0% |
| Stocks and contracts in progress | 3 | €183,991 | €186,646 | +€2,654 | +1.4% |
| Stocks | 30/36 | €183,991 | €186,646 | +€2,654 | +1.4% |
| Raw materials and consumables | 30/31 | €49,185 | €44,750 | -€4,435 | -9.0% |
| Goods purchased for resale | 34 | €134,806 | €141,896 | +€7,089 | +5.3% |
| Amounts receivable within one year | 40/41 | €243,012 | €270,856 | +€27,844 | +11.5% |
| Trade receivables | 40 | €186,872 | €177,542 | -€9,331 | -5.0% |
| Other amounts receivable | 41 | €56,140 | €93,315 | +€37,175 | +66.2% |
| Cash at bank and in hand | 54/58 | €71,030 | €59,567 | -€11,463 | -16.1% |
| Deferred charges and accrued income | 490/1 | €3,857 | €19,936 | +€16,080 | +417% |
| Total equity and liabilities | 10/49 | €584,418 | €591,774 | +€7,356 | +1.3% |
| Equity | 10/15 | €243,340 | €190,947 | -€52,394 | -21.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €71,594 | €59,200 | -€12,394 | -17.3% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €15,344 | €2,950 | -€12,394 | -80.8% |
| Profit (loss) carried forward | 14 | €151,746 | €111,746 | -€40,000 | -26.4% |
| Amounts payable | 17/49 | €341,078 | €400,827 | +€59,749 | +17.5% |
| Amounts payable within one year | 42/48 | €341,078 | €400,827 | +€59,749 | +17.5% |
| Trade debts | 44 | €235,719 | €343,418 | +€107,700 | +45.7% |
| Suppliers | 440/4 | €235,719 | €343,418 | +€107,700 | +45.7% |
| Taxes, remuneration and social security | 45 | €25,359 | €17,409 | -€7,950 | -31.4% |
| Taxes | 450/3 | €631 | €348 | -€283 | -44.9% |
| Remuneration and social security | 454/9 | €24,728 | €17,061 | -€7,667 | -31.0% |
| Other amounts payable | 47/48 | €80,000 | €40,000 | -€40,000 | -50.0% |
| Operating income | 70/76A | €2,278,559 | €2,316,910 | +€38,352 | +1.7% |
| Turnover | 70 | €2,259,062 | €2,302,150 | +€43,088 | +1.9% |
| Other operating income | 74 | €19,496 | €14,760 | -€4,736 | -24.3% |
| Operating charges | 60/66A | €2,201,994 | €2,326,735 | +€124,741 | +5.7% |
| Goods for resale, raw materials and consumables | 60 | €1,429,150 | €1,546,620 | +€117,470 | +8.2% |
| Purchases | 600/8 | €1,421,294 | €1,549,275 | +€127,981 | +9.0% |
| Change in stocks: decrease (increase) | 609 | €7,856 | -€2,654 | -€10,511 | |
| Services and other goods | 61 | €468,832 | €502,683 | +€33,851 | +7.2% |
| Remuneration, social security and pensions | 62 | €254,523 | €231,177 | -€23,346 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,410 | €27,760 | -€4,650 | -14.3% |
| Other operating charges | 640/8 | €17,079 | €18,494 | +€1,416 | +8.3% |
| Operating profit (loss) | 9901 | €76,565 | -€9,824 | -€86,389 | |
| Financial income | 75/76B | €674 | €82 | -€592 | -87.8% |
| Recurring financial income | 75 | €674 | €82 | -€592 | -87.8% |
| Other financial income | 752/9 | €674 | €82 | -€592 | -87.8% |
| Financial charges | 65/66B | €2,597 | €2,427 | -€169 | -6.5% |
| Recurring financial charges | 65 | €2,597 | €2,427 | -€169 | -6.5% |
| Other financial charges | 652/9 | €2,597 | €2,427 | -€169 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €74,642 | -€12,170 | -€86,812 | |
| Income taxes | 67/77 | €21,498 | €224 | -€21,274 | -99.0% |
| Taxes | 670/3 | €21,498 | €224 | -€21,274 | -99.0% |
| Profit (loss) for the period | 9904 | €53,145 | -€12,394 | -€65,538 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,145 | -€12,394 | -€65,538 |
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 16 October 2026 via checked.be.