MOUSSO: 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.
MOUSSO
Largest movements
- Tangible fixed assets -€18,188
down €18,188 (-3.9%), from €470,799 to €452,611
of which Land and buildings: -€15,561
- Receivables within one year -€10,582
no longer reported in 2025 (was €10,582)
- Debts after one year -€42,086
down €42,086 (-21.1%), from €199,203 to €157,117
of which Financial debts: -€38,636
- Other debts +€37,006
up €37,006 (+26.4%), from €140,084 to €177,090
- Short-term financial debts -€23,372
down €23,372 (-97.0%), from €24,088 to €716
- Current portion of long-term debt -€18,131
down €18,131 (-31.9%), from €56,767 to €38,636
- Profit (loss) carried forward +€16,194
up €16,194 (+12.7%), from €127,995 to €144,189
- Gross operating margin +€30,357
up €30,357 (+61.9%), from €49,064 to €79,421
- Depreciation +€4,733
up €4,733 (+9.5%), from €49,734 to €54,468
- Financial charges -€4,694
down €4,694 (-56.2%), from €8,351 to €3,657
- Other operating charges +€2,520
up €2,520 (+102.9%), from €2,449 to €4,970
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720,055 | €689,038 | -€31,017 | -4.3% |
| Fixed assets | 21/28 | €692,073 | €670,225 | -€21,848 | -3.2% |
| Tangible fixed assets | 22/27 | €470,799 | €452,611 | -€18,188 | -3.9% |
| Land and buildings | 22 | €459,120 | €443,559 | -€15,561 | -3.4% |
| Plant, machinery and equipment | 23 | €11,680 | €9,052 | -€2,627 | -22.5% |
| Financial fixed assets | 28 | €221,274 | €217,614 | -€3,660 | -1.7% |
| Current assets | 29/58 | €27,982 | €18,812 | -€9,170 | -32.8% |
| Amounts receivable within one year | 40/41 | €10,582 | - | -€10,582 | |
| Other amounts receivable | 41 | €10,582 | - | -€10,582 | |
| Deferred charges and accrued income | 490/1 | €17,400 | €18,812 | +€1,412 | +8.1% |
| Total equity and liabilities | 10/49 | €720,055 | €689,038 | -€31,017 | -4.3% |
| Equity | 10/15 | €291,896 | €308,090 | +€16,194 | +5.5% |
| Contributions | 10/11 | €38,100 | €38,100 | = | 0.0% |
| Reserves | 13 | €125,801 | €125,801 | = | 0.0% |
| Tax-exempt reserves | 132 | €121,117 | €121,117 | = | 0.0% |
| Distributable reserves | 133 | €4,684 | €4,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,995 | €144,189 | +€16,194 | +12.7% |
| Amounts payable | 17/49 | €428,159 | €380,947 | -€47,211 | -11.0% |
| Amounts payable after more than one year | 17 | €199,203 | €157,117 | -€42,086 | -21.1% |
| Financial debts | 170/4 | €85,853 | €47,217 | -€38,636 | -45.0% |
| Other amounts payable | 178/9 | €113,350 | €109,900 | -€3,450 | -3.0% |
| Amounts payable within one year | 42/48 | €228,956 | €223,830 | -€5,126 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €56,767 | €38,636 | -€18,131 | -31.9% |
| Financial debts | 43 | €24,088 | €716 | -€23,372 | -97.0% |
| Credit institutions | 430/8 | €24,088 | €716 | -€23,372 | -97.0% |
| Trade debts | 44 | €4,749 | €6,199 | +€1,450 | +30.5% |
| Suppliers | 440/4 | €4,749 | €6,199 | +€1,450 | +30.5% |
| Taxes, remuneration and social security | 45 | €3,268 | €1,190 | -€2,078 | -63.6% |
| Taxes | 450/3 | €3,268 | €1,190 | -€2,078 | -63.6% |
| Other amounts payable | 47/48 | €140,084 | €177,090 | +€37,006 | +26.4% |
| Non-recurring operating income | 76A | - | €12,500 | +€12,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,734 | €54,468 | +€4,733 | +9.5% |
| Other operating charges | 640/8 | €2,449 | €4,970 | +€2,520 | +102.9% |
| Gross operating margin | 9900 | €49,064 | €79,421 | +€30,357 | +61.9% |
| Operating profit (loss) | 9901 | -€3,119 | €19,984 | +€23,103 | |
| Financial charges | 65/66B | €8,351 | €3,657 | -€4,694 | -56.2% |
| Recurring financial charges | 65 | €8,351 | €3,657 | -€4,694 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,470 | €16,327 | +€27,797 | |
| Income taxes | 67/77 | €372 | €40 | -€332 | -89.2% |
| Profit (loss) for the period | 9904 | -€11,842 | €16,287 | +€28,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,842 | €16,287 | +€28,129 |
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 4 October 2026 via checked.be.