MOUREAU DISTRIBUTION: what changed
MOUREAU DISTRIBUTION
Largest movements
- Stocks and contracts +€189,675
up €189,675 (+51.8%), from €366,167 to €555,842
- Cash +€99,178
up €99,178 (+33.4%), from €296,567 to €395,745
mainly Trade debts (+€161,170) and Other debts (+€87,080)
- Receivables within one year +€73,129
up €73,129 (+11.4%), from €642,800 to €715,929
of which Other amounts receivable: +€144,673
- Tangible fixed assets -€28,340
down €28,340 (-28.9%), from €97,989 to €69,649
of which Plant, machinery and equipment: -€24,640
- Trade debts +€161,170
up €161,170 (+8.9%), from €1.8m to €2.0m
- Other debts +€87,080
up €87,080 (+210%), from €41,450 to €128,530
- Reserves +€69,294
up €69,294 (+26.1%), from €265,480 to €334,774
of which Distributable reserves: +€69,294
- Gross operating margin -€70,640
down €70,640 (-9.9%), from €716,850 to €646,210
- Depreciation -€18,417
down €18,417 (-35.5%), from €51,825 to €33,408
- Staff costs -€18,303
down €18,303 (-3.4%), from €540,555 to €522,252
- Financial income +€12,666
up €12,666 (+420%), from €3,014 to €15,680
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 | €2,206,390 | €2,541,414 | +€335,024 | +15.2% |
| Fixed assets | 21/28 | €97,989 | €69,649 | -€28,340 | -28.9% |
| Tangible fixed assets | 22/27 | €97,989 | €69,649 | -€28,340 | -28.9% |
| Plant, machinery and equipment | 23 | €82,145 | €57,505 | -€24,640 | -30.0% |
| Furniture and vehicles | 24 | €15,844 | €12,144 | -€3,700 | -23.4% |
| Current assets | 29/58 | €2,108,401 | €2,471,764 | +€363,363 | +17.2% |
| Stocks and contracts in progress | 3 | €366,167 | €555,842 | +€189,675 | +51.8% |
| Stocks | 30/36 | €366,167 | €555,842 | +€189,675 | +51.8% |
| Amounts receivable within one year | 40/41 | €642,800 | €715,929 | +€73,129 | +11.4% |
| Trade receivables | 40 | €437,784 | €366,240 | -€71,544 | -16.3% |
| Other amounts receivable | 41 | €205,016 | €349,689 | +€144,673 | +70.6% |
| Current investments | 50/53 | €802,867 | €804,248 | +€1,381 | +0.2% |
| Cash at bank and in hand | 54/58 | €296,567 | €395,745 | +€99,178 | +33.4% |
| Total equity and liabilities | 10/49 | €2,206,390 | €2,541,414 | +€335,024 | +15.2% |
| Equity | 10/15 | €291,096 | €360,390 | +€69,294 | +23.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €265,480 | €334,774 | +€69,294 | +26.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €244,730 | €314,024 | +€69,294 | +28.3% |
| Profit (loss) carried forward | 14 | €19,416 | €19,416 | = | 0.0% |
| Amounts payable | 17/49 | €1,915,294 | €2,181,024 | +€265,730 | +13.9% |
| Amounts payable within one year | 42/48 | €1,915,294 | €2,181,024 | +€265,730 | +13.9% |
| Trade debts | 44 | €1,818,851 | €1,980,020 | +€161,170 | +8.9% |
| Suppliers | 440/4 | €1,818,851 | €1,980,020 | +€161,170 | +8.9% |
| Taxes, remuneration and social security | 45 | €54,993 | €72,473 | +€17,480 | +31.8% |
| Taxes | 450/3 | €7,060 | €3,383 | -€3,677 | -52.1% |
| Remuneration and social security | 454/9 | €47,933 | €69,090 | +€21,157 | +44.1% |
| Other amounts payable | 47/48 | €41,450 | €128,530 | +€87,080 | +210% |
| Remuneration, social security and pensions | 62 | €540,555 | €522,252 | -€18,303 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,825 | €33,408 | -€18,417 | -35.5% |
| Other operating charges | 640/8 | €7,555 | €4,850 | -€2,705 | -35.8% |
| Gross operating margin | 9900 | €716,850 | €646,210 | -€70,640 | -9.9% |
| Operating profit (loss) | 9901 | €116,914 | €85,699 | -€31,215 | -26.7% |
| Financial income | 75/76B | €3,014 | €15,680 | +€12,666 | +420% |
| Recurring financial income | 75 | €3,014 | €15,680 | +€12,666 | +420% |
| Financial charges | 65/66B | €683 | €705 | +€22 | +3.2% |
| Recurring financial charges | 65 | €683 | €705 | +€22 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €119,245 | €100,674 | -€18,571 | -15.6% |
| Income taxes | 67/77 | €34,606 | €31,380 | -€3,226 | -9.3% |
| Profit (loss) for the period | 9904 | €84,639 | €69,294 | -€15,345 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,639 | €69,294 | -€15,345 | -18.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.