Moun-Construct: what changed
Moun-Construct
Largest movements
- Stocks and contracts -€516,998
down €516,998 (-53.3%), from €969,234 to €452,236
- Cash +€197,534
up €197,534 (+40,842%), from €484 to €198,018
mainly Stocks and contracts (+€516,998) and Advances received (+€177,500)
- Tangible fixed assets +€97,782
up €97,782 (+2,766%), from €3,535 to €101,317
- Receivables within one year +€55,952
up €55,952 (+24.0%), from €233,147 to €289,099
of which Other amounts receivable: +€160,988
- Financial fixed assets +€19,750
up €19,750 (+19.3%), from €102,430 to €122,180
- Reserves +€323,751
up €323,751 (+17,406%), from €1,860 to €325,611
of which Distributable reserves: +€323,751
- Profit (loss) carried forward -€254,915
down €254,915 (-100%), from €254,915 to €0
- Trade debts -€244,022
down €244,022 (-78.7%), from €309,896 to €65,874
- Debts after one year -€186,000
down €186,000 (-53.1%), from €350,554 to €164,554
- Advances received +€177,500
new in 2025: €177,500
- Gross operating margin +€92,493
up €92,493 (+110%), from €83,719 to €176,212
- Financial charges +€41,451
up €41,451 (+8,429%), from €492 to €41,943
- Depreciation +€26,749
up €26,749 (+2,648%), from €1,010 to €27,759
- Other operating charges +€9,117
up €9,117 (+628%), from €1,453 to €10,570
- Taxes +€7,011
up €7,011 (+34.9%), from €20,095 to €27,106
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,308,831 | €1,162,851 | -€145,980 | -11.2% |
| Fixed assets | 21/28 | €105,965 | €223,497 | +€117,532 | +111% |
| Tangible fixed assets | 22/27 | €3,535 | €101,317 | +€97,782 | +2,766% |
| Furniture and vehicles | 24 | €3,535 | €101,317 | +€97,782 | +2,766% |
| Financial fixed assets | 28 | €102,430 | €122,180 | +€19,750 | +19.3% |
| Current assets | 29/58 | €1,202,866 | €939,354 | -€263,512 | -21.9% |
| Stocks and contracts in progress | 3 | €969,234 | €452,236 | -€516,998 | -53.3% |
| Stocks | 30/36 | €969,234 | €452,236 | -€516,998 | -53.3% |
| Amounts receivable within one year | 40/41 | €233,147 | €289,099 | +€55,952 | +24.0% |
| Trade receivables | 40 | €188,222 | €83,186 | -€105,036 | -55.8% |
| Other amounts receivable | 41 | €44,925 | €205,913 | +€160,988 | +358% |
| Cash at bank and in hand | 54/58 | €484 | €198,018 | +€197,534 | +40,842% |
| Total equity and liabilities | 10/49 | €1,308,831 | €1,162,851 | -€145,980 | -11.2% |
| Equity | 10/15 | €269,175 | €338,011 | +€68,836 | +25.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €325,611 | +€323,751 | +17,406% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €323,751 | +€323,751 | |
| Profit (loss) carried forward | 14 | €254,915 | €0 | -€254,915 | -100% |
| Amounts payable | 17/49 | €1,039,656 | €824,840 | -€214,816 | -20.7% |
| Amounts payable after more than one year | 17 | €350,554 | €164,554 | -€186,000 | -53.1% |
| Financial debts | 170/4 | €350,554 | €164,554 | -€186,000 | -53.1% |
| Amounts payable within one year | 42/48 | €689,102 | €660,286 | -€28,816 | -4.2% |
| Financial debts | 43 | - | €27,640 | +€27,640 | |
| Other loans | 439 | - | €27,640 | +€27,640 | |
| Trade debts | 44 | €309,896 | €65,874 | -€244,022 | -78.7% |
| Suppliers | 440/4 | €309,896 | €65,874 | -€244,022 | -78.7% |
| Advances received on contracts in progress | 46 | - | €177,500 | +€177,500 | |
| Taxes, remuneration and social security | 45 | €66,542 | €131,653 | +€65,110 | +97.8% |
| Taxes | 450/3 | €66,542 | €131,653 | +€65,110 | +97.8% |
| Other amounts payable | 47/48 | €312,663 | €257,618 | -€55,045 | -17.6% |
| Non-recurring operating income | 76A | - | €12,000 | +€12,000 | |
| Remuneration, social security and pensions | 62 | €470 | €0 | -€470 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,010 | €27,759 | +€26,749 | +2,648% |
| Other operating charges | 640/8 | €1,453 | €10,570 | +€9,117 | +628% |
| Gross operating margin | 9900 | €83,719 | €176,212 | +€92,493 | +110% |
| Operating profit (loss) | 9901 | €80,787 | €137,883 | +€57,097 | +70.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €492 | €41,943 | +€41,451 | +8,429% |
| Recurring financial charges | 65 | €492 | €41,943 | +€41,451 | +8,429% |
| Profit (loss) for the period before taxes | 9903 | €80,295 | €95,943 | +€15,648 | +19.5% |
| Income taxes | 67/77 | €20,095 | €27,106 | +€7,011 | +34.9% |
| Profit (loss) for the period | 9904 | €60,200 | €68,836 | +€8,637 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,200 | €68,836 | +€8,637 | +14.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.