MOUSTACHE SOUND: what changed
Two financial 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.
MOUSTACHE SOUND
Largest movements
- Receivables within one year +€32,145
up €32,145 (+30,120%), from €107 to €32,251
of which Trade receivables: +€19,366
- Cash -€18,989
down €18,989 (-22.6%), from €83,866 to €64,876
mainly Receivables within one year (-€32,145) and Tax, wage and social debts (-€3,209)
- Tangible fixed assets -€11,889
down €11,889 (-51.2%), from €23,236 to €11,347
of which Plant, machinery and equipment: -€7,757
- Profit (loss) carried forward +€5,927
up €5,927 (+23.7%), from €25,033 to €30,960
- Tax, wage and social debts -€3,209
down €3,209 (-39.0%), from €8,222 to €5,013
- Other debts -€2,444
down €2,444 (-10.3%), from €23,726 to €21,282
- Turnover -€105,128
no longer reported in 2025 (was €105,128)
- Purchases and services -€50,519
no longer reported in 2025 (was €50,519)
- Gross operating margin -€31,186
down €31,186 (-56.1%), from €55,605 to €24,419
- Taxes -€5,486
down €5,486 (-68.4%), from €8,023 to €2,537
- Depreciation -€2,626
down €2,626 (-18.1%), from €14,515 to €11,889
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.
Derived cash bridge
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 | €107,208 | €108,475 | +€1,267 | +1.2% |
| Fixed assets | 21/28 | €23,236 | €11,347 | -€11,889 | -51.2% |
| Tangible fixed assets | 22/27 | €23,236 | €11,347 | -€11,889 | -51.2% |
| Plant, machinery and equipment | 23 | €9,080 | €1,323 | -€7,757 | -85.4% |
| Furniture and vehicles | 24 | €10,221 | €6,089 | -€4,132 | -40.4% |
| Other tangible fixed assets | 26 | €3,936 | €3,936 | = | 0.0% |
| Current assets | 29/58 | €83,973 | €97,128 | +€13,155 | +15.7% |
| Amounts receivable within one year | 40/41 | €107 | €32,251 | +€32,145 | +30,120% |
| Trade receivables | 40 | - | €19,366 | +€19,366 | |
| Other amounts receivable | 41 | €107 | €12,885 | +€12,779 | +11,974% |
| Cash at bank and in hand | 54/58 | €83,866 | €64,876 | -€18,989 | -22.6% |
| Total equity and liabilities | 10/49 | €107,208 | €108,475 | +€1,267 | +1.2% |
| Equity | 10/15 | €71,805 | €77,731 | +€5,927 | +8.3% |
| Reserves | 13 | €46,771 | €46,771 | = | 0.0% |
| Distributable reserves | 133 | €46,771 | €46,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,033 | €30,960 | +€5,927 | +23.7% |
| Amounts payable | 17/49 | €35,404 | €30,744 | -€4,660 | -13.2% |
| Amounts payable within one year | 42/48 | €35,404 | €30,744 | -€4,660 | -13.2% |
| Trade debts | 44 | €3,456 | €4,449 | +€993 | +28.7% |
| Suppliers | 440/4 | €3,456 | €4,449 | +€993 | +28.7% |
| Taxes, remuneration and social security | 45 | €8,222 | €5,013 | -€3,209 | -39.0% |
| Taxes | 450/3 | €8,222 | €5,013 | -€3,209 | -39.0% |
| Other amounts payable | 47/48 | €23,726 | €21,282 | -€2,444 | -10.3% |
| Turnover | 70 | €105,128 | - | -€105,128 | |
| Non-recurring operating income | 76A | €8,813 | - | -€8,813 | |
| Goods, raw materials, services and sundry goods | 60/61 | €50,519 | - | -€50,519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,515 | €11,889 | -€2,626 | -18.1% |
| Other operating charges | 640/8 | €897 | €572 | -€325 | -36.3% |
| Non-recurring operating charges | 66A | - | €3,436 | +€3,436 | |
| Gross operating margin | 9900 | €55,605 | €24,419 | -€31,186 | -56.1% |
| Operating profit (loss) | 9901 | €40,193 | €8,523 | -€31,670 | -78.8% |
| Financial charges | 65/66B | €100 | €60 | -€40 | -39.9% |
| Recurring financial charges | 65 | €100 | €60 | -€40 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €40,093 | €8,463 | -€31,630 | -78.9% |
| Income taxes | 67/77 | €8,023 | €2,537 | -€5,486 | -68.4% |
| Profit (loss) for the period | 9904 | €32,071 | €5,927 | -€26,144 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,071 | €5,927 | -€26,144 | -81.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.