MOUNORA: what changed
Two fiscal 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.
MOUNORA
Largest movements
- Cash -€3,150
down €3,150 (-21.3%), from €14,790 to €11,640
mainly Other debts (-€5,015) and Stocks and contracts (-€3,110)
- Stocks and contracts +€3,110
up €3,110 (+302.9%), from €1,027 to €4,137
- Deferred charges and accrued income +€2,547
up €2,547 (+110.5%), from €2,306 to €4,853
- Tangible fixed assets -€1,142
down €1,142 (-33.3%), from €3,426 to €2,284
- Intangible fixed assets -€650
down €650 (-33.3%), from €1,950 to €1,300
- Other debts -€5,015
down €5,015 (-67.7%), from €7,410 to €2,396
- Trade debts +€4,882
up €4,882 (+109.7%), from €4,451 to €9,333
- Profit (loss) carried forward +€3,142
up €3,142 (+14.4%), from -€21,821 to -€18,679
- Tax, wage and social debts -€2,294
down €2,294 (-11.8%), from €19,390 to €17,096
of which Taxes: -€5,680
- Turnover -€307,123
no longer reported in 2025 (was €307,123)
- Purchases and services -€191,645
no longer reported in 2025 (was €191,645)
- Gross operating margin -€36,508
down €36,508 (-31.5%), from €116,021 to €79,513
- Staff costs -€29,869
down €29,869 (-29.1%), from €102,764 to €72,896
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 | €23,899 | €24,615 | +€715 | +3.0% |
| Fixed assets | 21/28 | €5,777 | €3,985 | -€1,792 | -31.0% |
| Intangible fixed assets | 21 | €1,950 | €1,300 | -€650 | -33.3% |
| Tangible fixed assets | 22/27 | €3,426 | €2,284 | -€1,142 | -33.3% |
| Plant, machinery and equipment | 23 | €3,426 | €2,284 | -€1,142 | -33.3% |
| Financial fixed assets | 28 | €401 | €401 | = | 0.0% |
| Current assets | 29/58 | €18,122 | €20,630 | +€2,507 | +13.8% |
| Stocks and contracts in progress | 3 | €1,027 | €4,137 | +€3,110 | +302.9% |
| Stocks | 30/36 | €1,027 | €4,137 | +€3,110 | +302.9% |
| Cash at bank and in hand | 54/58 | €14,790 | €11,640 | -€3,150 | -21.3% |
| Deferred charges and accrued income | 490/1 | €2,306 | €4,853 | +€2,547 | +110.5% |
| Total equity and liabilities | 10/49 | €23,899 | €24,615 | +€715 | +3.0% |
| Equity | 10/15 | -€7,351 | -€4,209 | +€3,142 | +42.7% |
| Contributions | 10/11 | €12,610 | €12,610 | = | 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 | -€21,821 | -€18,679 | +€3,142 | +14.4% |
| Amounts payable | 17/49 | €31,251 | €28,824 | -€2,427 | -7.8% |
| Amounts payable within one year | 42/48 | €31,251 | €28,824 | -€2,427 | -7.8% |
| Trade debts | 44 | €4,451 | €9,333 | +€4,882 | +109.7% |
| Suppliers | 440/4 | €4,451 | €9,333 | +€4,882 | +109.7% |
| Taxes, remuneration and social security | 45 | €19,390 | €17,096 | -€2,294 | -11.8% |
| Taxes | 450/3 | €12,933 | €7,253 | -€5,680 | -43.9% |
| Remuneration and social security | 454/9 | €6,456 | €9,842 | +€3,386 | +52.4% |
| Other amounts payable | 47/48 | €7,410 | €2,396 | -€5,015 | -67.7% |
| Turnover | 70 | €307,123 | - | -€307,123 | |
| Non-recurring operating income | 76A | €543 | - | -€543 | |
| Goods, raw materials, services and sundry goods | 60/61 | €191,645 | - | -€191,645 | |
| Remuneration, social security and pensions | 62 | €102,764 | €72,896 | -€29,869 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,792 | €1,792 | = | 0.0% |
| Other operating charges | 640/8 | €1,607 | €1,373 | -€233 | -14.5% |
| Gross operating margin | 9900 | €116,021 | €79,513 | -€36,508 | -31.5% |
| Operating profit (loss) | 9901 | €9,858 | €3,452 | -€6,406 | -65.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €213 | €310 | +€97 | +45.7% |
| Recurring financial charges | 65 | €213 | €310 | +€97 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | €9,646 | €3,142 | -€6,504 | -67.4% |
| Profit (loss) for the period | 9904 | €9,646 | €3,142 | -€6,504 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,646 | €3,142 | -€6,504 | -67.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.