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MOYACONNECT: 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.

What changed

MOYACONNECT

BE 0808.347.817
NACE 10.712, Artisanal bread and fresh pastry making
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€74,132
2024 · €23,928+€50,204
Equity
€128,682
2024 · €51,827+€76,855
Cash
€6,515
2024 · €8,185-€1,670
Balance sheet total
€164,629
2024 · €76,917+€87,711

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€93,155

    up €93,155 (+215.8%), from €43,165 to €136,320

    of which Other amounts receivable: +€91,135

  • Tangible fixed assets -€3,774

    down €3,774 (-15.6%), from €24,212 to €20,438

    of which Furniture and vehicles: -€13,538

  • Cash -€1,670

    down €1,670 (-20.4%), from €8,185 to €6,515

    mainly Receivables within one year (-€93,155) and Trade debts (-€7,752)

Equity and liabilities
  • Profit (loss) carried forward +€76,855

    up €76,855 (+245.0%), from €31,367 to €108,222

  • Tax, wage and social debts +€25,830

    up €25,830 (+270.1%), from €9,562 to €35,391

  • Trade debts -€7,752

    down €7,752 (-93.3%), from €8,307 to €555

  • Other debts -€7,221

    no longer reported in 2025 (was €7,221)

Income statement
  • Gross operating margin +€49,332

    up €49,332 (+58.4%), from €84,518 to €133,850

  • Taxes +€25,247

    up €25,247 (+304.2%), from €8,300 to €33,546

  • Staff costs -€22,797

    down €22,797 (-50.6%), from €45,030 to €22,233

  • Financial income +€2,937

    up €2,937 (+181.3%), from €1,620 to €4,557

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €23,928
Gross operating margin +€49,332
Staff costs +€22,797
Depreciation +€1,118
Other operating charges -€750
Financial income +€2,937
Financial charges +€17
Taxes -€25,247
Result 2025 €74,132

Cash bridge derived

cash 2024 to 2025

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.

From operations -€2,991
Investment -€1,402
Financing +€2,723
Cash 2024 €8,185
Net result for the year +€74,132
Depreciation +€5,176
Receivables within one year -€93,155
Trade debts -€7,752
Tax, wage and social debts +€25,830
Other debts -€7,221
Investment in fixed assets (net) -€1,402
Contributions, distributions and other +€2,723
Cash 2025 €6,515
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €76,917 €164,629 +€87,711 +114.0%
Fixed assets 21/28 €25,567 €21,793 -€3,774 -14.8%
Tangible fixed assets 22/27 €24,212 €20,438 -€3,774 -15.6%
Plant, machinery and equipment 23 - €9,764 +€9,764
Furniture and vehicles 24 €24,212 €10,674 -€13,538 -55.9%
Financial fixed assets 28 €1,355 €1,355 = 0.0%
Current assets 29/58 €51,350 €142,835 +€91,485 +178.2%
Amounts receivable within one year 40/41 €43,165 €136,320 +€93,155 +215.8%
Trade receivables 40 €18,675 €20,695 +€2,020 +10.8%
Other amounts receivable 41 €24,489 €115,625 +€91,135 +372.1%
Cash at bank and in hand 54/58 €8,185 €6,515 -€1,670 -20.4%
Total equity and liabilities 10/49 €76,917 €164,629 +€87,711 +114.0%
Equity 10/15 €51,827 €128,682 +€76,855 +148.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €31,367 €108,222 +€76,855 +245.0%
Amounts payable 17/49 €25,090 €35,946 +€10,856 +43.3%
Amounts payable within one year 42/48 €25,090 €35,946 +€10,856 +43.3%
Trade debts 44 €8,307 €555 -€7,752 -93.3%
Suppliers 440/4 €8,307 €555 -€7,752 -93.3%
Taxes, remuneration and social security 45 €9,562 €35,391 +€25,830 +270.1%
Taxes 450/3 €9,562 €35,391 +€25,830 +270.1%
Other amounts payable 47/48 €7,221 - -€7,221
Remuneration, social security and pensions 62 €45,030 €22,233 -€22,797 -50.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,294 €5,176 -€1,118 -17.8%
Other operating charges 640/8 €2,511 €3,261 +€750 +29.9%
Gross operating margin 9900 €84,518 €133,850 +€49,332 +58.4%
Operating profit (loss) 9901 €30,683 €103,180 +€72,497 +236.3%
Financial income 75/76B €1,620 €4,557 +€2,937 +181.3%
Recurring financial income 75 €1,620 €4,557 +€2,937 +181.3%
Financial charges 65/66B €76 €59 -€17 -22.1%
Recurring financial charges 65 €76 €59 -€17 -22.1%
Profit (loss) for the period before taxes 9903 €32,228 €107,678 +€75,451 +234.1%
Income taxes 67/77 €8,300 €33,546 +€25,247 +304.2%
Profit (loss) for the period 9904 €23,928 €74,132 +€50,204 +209.8%
Profit (loss) for the period to be appropriated 9905 €23,928 €74,132 +€50,204 +209.8%

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 6 October 2026 via checked.be.