MOULINAY JOHAN: 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.
MOULINAY JOHAN
Largest movements
- Cash -€3,687
down €3,687 (-41.4%), from €8,907 to €5,220
mainly Trade debts (-€2,964) and Receivables within one year (-€2,380)
- Receivables within one year +€2,380
up €2,380 (+393.0%), from €606 to €2,986
of which Trade receivables: +€2,986
- Tangible fixed assets -€776
down €776 (-19.7%), from €3,937 to €3,161
of which Furniture and vehicles: -€915
- Trade debts -€2,964
down €2,964 (-62.3%), from €4,754 to €1,790
- Profit (loss) carried forward +€2,942
up €2,942 (+782.3%), from €376 to €3,318
- Other debts -€1,733
down €1,733 (-46.1%), from €3,761 to €2,027
- Current portion of long-term debt -€1,559
no longer reported in 2025 (was €1,559)
- Tax, wage and social debts +€1,356
new in 2025: €1,356
- Gross operating margin +€3,375
up €3,375 (+88.7%), from €3,803 to €7,178
- Depreciation +€1,382
up €1,382 (+157.3%), from €879 to €2,260
- Taxes +€1,089
new in 2025: €1,089
- Other operating charges +€229
up €229 (+38.8%), from €590 to €818
- Financial charges -€78
down €78 (-53.4%), from €146 to €68
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 | €13,450 | €11,491 | -€1,959 | -14.6% |
| Fixed assets | 21/28 | €3,937 | €3,161 | -€776 | -19.7% |
| Tangible fixed assets | 22/27 | €3,937 | €3,161 | -€776 | -19.7% |
| Plant, machinery and equipment | 23 | €1,540 | €1,679 | +€139 | +9.0% |
| Furniture and vehicles | 24 | €2,397 | €1,482 | -€915 | -38.2% |
| Current assets | 29/58 | €9,513 | €8,330 | -€1,182 | -12.4% |
| Amounts receivable within one year | 40/41 | €606 | €2,986 | +€2,380 | +393.0% |
| Trade receivables | 40 | - | €2,986 | +€2,986 | |
| Other amounts receivable | 41 | €606 | - | -€606 | |
| Cash at bank and in hand | 54/58 | €8,907 | €5,220 | -€3,687 | -41.4% |
| Deferred charges and accrued income | 490/1 | - | €125 | +€125 | |
| Total equity and liabilities | 10/49 | €13,450 | €11,491 | -€1,959 | -14.6% |
| Equity | 10/15 | €3,376 | €6,318 | +€2,942 | +87.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376 | €3,318 | +€2,942 | +782.3% |
| Amounts payable | 17/49 | €10,074 | €5,173 | -€4,901 | -48.6% |
| Amounts payable within one year | 42/48 | €10,074 | €5,173 | -€4,901 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | €1,559 | - | -€1,559 | |
| Trade debts | 44 | €4,754 | €1,790 | -€2,964 | -62.3% |
| Suppliers | 440/4 | €4,754 | €1,790 | -€2,964 | -62.3% |
| Taxes, remuneration and social security | 45 | - | €1,356 | +€1,356 | |
| Taxes | 450/3 | - | €1,356 | +€1,356 | |
| Other amounts payable | 47/48 | €3,761 | €2,027 | -€1,733 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €2,260 | +€1,382 | +157.3% |
| Other operating charges | 640/8 | €590 | €818 | +€229 | +38.8% |
| Non-recurring operating charges | 66A | €1,137 | - | -€1,137 | |
| Gross operating margin | 9900 | €3,803 | €7,178 | +€3,375 | +88.7% |
| Operating profit (loss) | 9901 | €1,197 | €4,099 | +€2,901 | +242.4% |
| Financial income | 75/76B | €5 | €1 | -€4 | -87.1% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -87.1% |
| Financial charges | 65/66B | €146 | €68 | -€78 | -53.4% |
| Recurring financial charges | 65 | €146 | €68 | -€78 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €1,055 | €4,031 | +€2,976 | +281.9% |
| Income taxes | 67/77 | - | €1,089 | +€1,089 | |
| Profit (loss) for the period | 9904 | €1,055 | €2,942 | +€1,886 | +178.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,055 | €2,942 | +€1,886 | +178.7% |
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 9 October 2026 via checked.be.