MOUSSET: 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.
MOUSSET
Largest movements
- Cash +€146,697
up €146,697 (+90.8%), from €161,552 to €308,250
mainly Current investments (+€109,854) and Net result for the year (+€69,622)
- Current investments -€109,854
down €109,854 (-40.6%), from €270,825 to €160,971
- Tangible fixed assets -€35,914
down €35,914 (-31.2%), from €115,268 to €79,354
of which Furniture and vehicles: -€32,485
- Tax, wage and social debts -€10,210
down €10,210 (-30.3%), from €33,751 to €23,541
- Reserves +€9,900
up €9,900 (+2.0%), from €505,414 to €515,314
of which Distributable reserves: +€14,700
- Gross operating margin -€60,429
down €60,429 (-32.3%), from €187,235 to €126,805
- Taxes -€18,947
down €18,947 (-40.2%), from €47,176 to €28,229
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 | €562,670 | €561,613 | -€1,057 | -0.2% |
| Fixed assets | 21/28 | €115,268 | €79,354 | -€35,914 | -31.2% |
| Tangible fixed assets | 22/27 | €115,268 | €79,354 | -€35,914 | -31.2% |
| Plant, machinery and equipment | 23 | €4,863 | €4,014 | -€849 | -17.5% |
| Furniture and vehicles | 24 | €80,179 | €47,694 | -€32,485 | -40.5% |
| Other tangible fixed assets | 26 | €30,226 | €27,646 | -€2,580 | -8.5% |
| Current assets | 29/58 | €447,402 | €482,259 | +€34,857 | +7.8% |
| Amounts receivable within one year | 40/41 | €5,342 | €5,241 | -€101 | -1.9% |
| Trade receivables | 40 | €354 | - | -€354 | |
| Other amounts receivable | 41 | €4,988 | €5,241 | +€253 | +5.1% |
| Current investments | 50/53 | €270,825 | €160,971 | -€109,854 | -40.6% |
| Cash at bank and in hand | 54/58 | €161,552 | €308,250 | +€146,697 | +90.8% |
| Deferred charges and accrued income | 490/1 | €9,683 | €7,798 | -€1,885 | -19.5% |
| Total equity and liabilities | 10/49 | €562,670 | €561,613 | -€1,057 | -0.2% |
| Equity | 10/15 | €525,930 | €535,853 | +€9,922 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €505,414 | €515,314 | +€9,900 | +2.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,954 | €7,154 | -€4,800 | -40.2% |
| Distributable reserves | 133 | €491,600 | €506,300 | +€14,700 | +3.0% |
| Profit (loss) carried forward | 14 | €8,116 | €8,138 | +€22 | +0.3% |
| Provisions and deferred taxes | 16 | €2,989 | €1,789 | -€1,200 | -40.2% |
| Deferred taxes | 168 | €2,989 | €1,789 | -€1,200 | -40.2% |
| Amounts payable | 17/49 | €33,751 | €23,971 | -€9,780 | -29.0% |
| Amounts payable within one year | 42/48 | €33,751 | €23,971 | -€9,780 | -29.0% |
| Trade debts | 44 | - | €430 | +€430 | |
| Suppliers | 440/4 | - | €430 | +€430 | |
| Taxes, remuneration and social security | 45 | €33,751 | €23,541 | -€10,210 | -30.3% |
| Taxes | 450/3 | €33,751 | €23,541 | -€10,210 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,036 | €39,185 | -€1,851 | -4.5% |
| Other operating charges | 640/8 | €1,752 | €1,609 | -€144 | -8.2% |
| Gross operating margin | 9900 | €187,235 | €126,805 | -€60,429 | -32.3% |
| Operating profit (loss) | 9901 | €144,446 | €86,012 | -€58,434 | -40.5% |
| Financial income | 75/76B | €7,597 | €6,497 | -€1,100 | -14.5% |
| Recurring financial income | 75 | €7,597 | €6,497 | -€1,100 | -14.5% |
| Financial charges | 65/66B | €955 | €657 | -€298 | -31.2% |
| Recurring financial charges | 65 | €955 | €657 | -€298 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €151,088 | €91,851 | -€59,237 | -39.2% |
| Transfer from deferred taxes | 780 | €6,000 | €6,000 | = | 0.0% |
| Income taxes | 67/77 | €47,176 | €28,229 | -€18,947 | -40.2% |
| Profit (loss) for the period | 9904 | €109,912 | €69,622 | -€40,289 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €109,912 | €69,622 | -€40,289 | -36.7% |
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 1 October 2026 via checked.be.