MOUVIG: 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.
MOUVIG
Largest movements
- Intangible fixed assets -€12,000
down €12,000 (-11.8%), from €101,918 to €89,918
- Cash -€9,597
down €9,597 (-52.5%), from €18,280 to €8,683
mainly Other debts (-€73,099) and Tax, wage and social debts (-€11,400)
- Receivables within one year -€8,241
down €8,241 (-72.6%), from €11,348 to €3,108
of which Trade receivables: -€8,714
- Tangible fixed assets -€8,226
down €8,226 (-42.5%), from €19,372 to €11,146
of which Furniture and vehicles: -€5,907
- Other debts -€73,099
down €73,099 (-95.2%), from €76,795 to €3,696
- Debts after one year +€19,788
up €19,788 (+150.7%), from €13,128 to €32,917
- Reserves +€15,329
up €15,329 (+43.4%), from €35,328 to €50,657
- Tax, wage and social debts -€11,400
down €11,400 (-100.0%), from €11,400 to €0
- Current portion of long-term debt +€10,936
up €10,936 (+126.4%), from €8,651 to €19,587
- Gross operating margin -€37,995
down €37,995 (-46.5%), from €81,774 to €43,779
- Depreciation -€10,328
down €10,328 (-33.8%), from €30,554 to €20,226
- Taxes -€5,746
down €5,746 (-51.0%), from €11,272 to €5,526
- Other operating charges -€950
down €950 (-61.9%), from €1,535 to €585
- Staff costs -€888
down €888 (-100.0%), from €888 to €0
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 | €151,498 | €112,947 | -€38,550 | -25.4% |
| Fixed assets | 21/28 | €121,290 | €101,064 | -€20,226 | -16.7% |
| Intangible fixed assets | 21 | €101,918 | €89,918 | -€12,000 | -11.8% |
| Tangible fixed assets | 22/27 | €19,372 | €11,146 | -€8,226 | -42.5% |
| Plant, machinery and equipment | 23 | €4,644 | €2,326 | -€2,319 | -49.9% |
| Furniture and vehicles | 24 | €14,727 | €8,820 | -€5,907 | -40.1% |
| Current assets | 29/58 | €30,208 | €11,883 | -€18,324 | -60.7% |
| Amounts receivable within one year | 40/41 | €11,348 | €3,108 | -€8,241 | -72.6% |
| Trade receivables | 40 | €11,348 | €2,634 | -€8,714 | -76.8% |
| Other amounts receivable | 41 | - | €474 | +€474 | |
| Cash at bank and in hand | 54/58 | €18,280 | €8,683 | -€9,597 | -52.5% |
| Deferred charges and accrued income | 490/1 | €579 | €92 | -€487 | -84.1% |
| Total equity and liabilities | 10/49 | €151,498 | €112,947 | -€38,550 | -25.4% |
| Equity | 10/15 | €41,328 | €56,657 | +€15,329 | +37.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €35,328 | €50,657 | +€15,329 | +43.4% |
| Distributable reserves | 133 | €35,328 | €50,657 | +€15,329 | +43.4% |
| Amounts payable | 17/49 | €110,169 | €56,290 | -€53,879 | -48.9% |
| Amounts payable after more than one year | 17 | €13,128 | €32,917 | +€19,788 | +150.7% |
| Financial debts | 170/4 | €13,128 | €32,917 | +€19,788 | +150.7% |
| Amounts payable within one year | 42/48 | €97,041 | €23,373 | -€73,668 | -75.9% |
| Current portion of amounts payable after more than one year | 42 | €8,651 | €19,587 | +€10,936 | +126.4% |
| Trade debts | 44 | €195 | €91 | -€104 | -53.4% |
| Suppliers | 440/4 | €195 | €91 | -€104 | -53.4% |
| Taxes, remuneration and social security | 45 | €11,400 | €0 | -€11,400 | -100.0% |
| Taxes | 450/3 | €11,400 | €0 | -€11,400 | -100.0% |
| Other amounts payable | 47/48 | €76,795 | €3,696 | -€73,099 | -95.2% |
| Remuneration, social security and pensions | 62 | €888 | €0 | -€888 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,554 | €20,226 | -€10,328 | -33.8% |
| Other operating charges | 640/8 | €1,535 | €585 | -€950 | -61.9% |
| Gross operating margin | 9900 | €81,774 | €43,779 | -€37,995 | -46.5% |
| Operating profit (loss) | 9901 | €48,798 | €22,968 | -€25,830 | -52.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,198 | €2,113 | -€85 | -3.9% |
| Recurring financial charges | 65 | €2,198 | €2,113 | -€85 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €46,600 | €20,855 | -€25,745 | -55.2% |
| Income taxes | 67/77 | €11,272 | €5,526 | -€5,746 | -51.0% |
| Profit (loss) for the period | 9904 | €35,328 | €15,329 | -€19,999 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,328 | €15,329 | -€19,999 | -56.6% |
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 3 October 2026 via checked.be.