MOUTON - GEORGE: 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.
MOUTON - GEORGE
Largest movements
- Cash -€84,088
down €84,088 (-53.3%), from €157,650 to €73,562
mainly Other debts (-€149,820) and Receivables within one year (-€1,800)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€14,106
down €14,106 (-3.2%), from €438,610 to €424,504
- Other debts -€149,820
down €149,820 (-68.3%), from €219,372 to €69,552
- Gross operating margin +€14,121
up €14,121 (+160%), from €8,807 to €22,928
- Financial income +€880
up €880 (+201%), from €439 to €1,318
- Taxes -€762
down €762 (-73.3%), from €1,040 to €277
- Other operating charges +€357
up €357 (+7.6%), from €4,685 to €5,042
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 | €646,623 | €501,032 | -€145,591 | -22.5% |
| Fixed assets | 21/28 | €438,610 | €424,504 | -€14,106 | -3.2% |
| Tangible fixed assets | 22/27 | €438,610 | €424,504 | -€14,106 | -3.2% |
| Land and buildings | 22 | €438,610 | €424,504 | -€14,106 | -3.2% |
| Current assets | 29/58 | €208,013 | €76,528 | -€131,484 | -63.2% |
| Amounts receivable within one year | 40/41 | - | €1,800 | +€1,800 | |
| Other amounts receivable | 41 | - | €1,800 | +€1,800 | |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €157,650 | €73,562 | -€84,088 | -53.3% |
| Deferred charges and accrued income | 490/1 | €363 | €1,167 | +€804 | +222% |
| Total equity and liabilities | 10/49 | €646,623 | €501,032 | -€145,591 | -22.5% |
| Equity | 10/15 | €426,727 | €431,225 | +€4,498 | +1.1% |
| Contributions | 10/11 | €319,342 | €319,342 | = | 0.0% |
| Capital | 10 | €319,342 | €319,342 | = | 0.0% |
| Issued capital | 100 | €319,342 | €319,342 | = | 0.0% |
| Reserves | 13 | €115,523 | €117,523 | +€2,000 | +1.7% |
| Non-distributable reserves | 130/1 | €53,000 | €53,000 | = | 0.0% |
| Legal reserve | 130 | €53,000 | €53,000 | = | 0.0% |
| Distributable reserves | 133 | €62,523 | €64,523 | +€2,000 | +3.2% |
| Profit (loss) carried forward | 14 | -€8,138 | -€5,639 | +€2,498 | +30.7% |
| Amounts payable | 17/49 | €219,896 | €69,807 | -€150,089 | -68.3% |
| Amounts payable within one year | 42/48 | €219,896 | €69,807 | -€150,089 | -68.3% |
| Trade debts | 44 | €459 | €178 | -€281 | -61.2% |
| Suppliers | 440/4 | €459 | €178 | -€281 | -61.2% |
| Taxes, remuneration and social security | 45 | €65 | €77 | +€12 | +18.5% |
| Taxes | 450/3 | €65 | €77 | +€12 | +18.5% |
| Other amounts payable | 47/48 | €219,372 | €69,552 | -€149,820 | -68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,106 | €14,106 | = | 0.0% |
| Other operating charges | 640/8 | €4,685 | €5,042 | +€357 | +7.6% |
| Gross operating margin | 9900 | €8,807 | €22,928 | +€14,121 | +160% |
| Operating profit (loss) | 9901 | -€9,984 | €3,780 | +€13,764 | |
| Financial income | 75/76B | €439 | €1,318 | +€880 | +201% |
| Recurring financial income | 75 | €439 | €1,318 | +€880 | +201% |
| Financial charges | 65/66B | €283 | €323 | +€40 | +14.1% |
| Recurring financial charges | 65 | €283 | €323 | +€40 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,828 | €4,776 | +€14,604 | |
| Income taxes | 67/77 | €1,040 | €277 | -€762 | -73.3% |
| Profit (loss) for the period | 9904 | -€10,868 | €4,498 | +€15,367 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,868 | €4,498 | +€15,367 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.