MozaVer: 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.
MozaVer
Largest movements
- Current investments +€359,690
up €359,690 (+68.2%), from €527,526 to €887,216
- Receivables within one year +€274,659
up €274,659 (+330%), from €83,163 to €357,822
of which Other amounts receivable: +€147,927
- Tangible fixed assets -€88,968
down €88,968 (-32.6%), from €272,490 to €183,523
of which Furniture and vehicles: -€53,746
- Stocks and contracts -€54,336
no longer reported in 2025 (was €54,336)
- Cash +€42,302
up €42,302 (+46.8%), from €90,418 to €132,721
mainly Net result for the year (+€542,340) and Trade debts (+€93,636)
- Reserves +€542,340
up €542,340 (+52.0%), from €1.0m to €1.6m
- Trade debts +€93,636
up €93,636 (+299%), from €31,351 to €124,987
- Advances received -€91,022
no longer reported in 2025 (was €91,022)
- Debts after one year -€36,174
down €36,174 (-35.5%), from €101,824 to €65,650
- Tax, wage and social debts +€25,622
up €25,622 (+225%), from €11,389 to €37,011
of which Taxes: +€27,474
- Gross operating margin +€491,160
up €491,160 (+174%), from €282,415 to €773,574
- Taxes +€166,257
up €166,257 (+242%), from €68,619 to €234,876
- Financial income +€46,381
up €46,381 (+214%), from €21,674 to €68,055
- Depreciation -€9,224
down €9,224 (-14.2%), from €65,119 to €55,895
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 | €1,333,939 | €1,868,508 | +€534,569 | +40.1% |
| Fixed assets | 21/28 | €272,595 | €183,628 | -€88,968 | -32.6% |
| Tangible fixed assets | 22/27 | €272,490 | €183,523 | -€88,968 | -32.6% |
| Land and buildings | 22 | €99,578 | €82,661 | -€16,918 | -17.0% |
| Plant, machinery and equipment | 23 | €13,350 | - | -€13,350 | |
| Furniture and vehicles | 24 | €126,104 | €72,358 | -€53,746 | -42.6% |
| Other tangible fixed assets | 26 | €33,458 | €28,504 | -€4,954 | -14.8% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €1,061,344 | €1,684,880 | +€623,537 | +58.7% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Trade receivables | 290 | €300,000 | €300,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €54,336 | - | -€54,336 | |
| Stocks | 30/36 | €54,336 | - | -€54,336 | |
| Amounts receivable within one year | 40/41 | €83,163 | €357,822 | +€274,659 | +330% |
| Trade receivables | 40 | €33,147 | €159,880 | +€126,733 | +382% |
| Other amounts receivable | 41 | €50,016 | €197,942 | +€147,927 | +296% |
| Current investments | 50/53 | €527,526 | €887,216 | +€359,690 | +68.2% |
| Cash at bank and in hand | 54/58 | €90,418 | €132,721 | +€42,302 | +46.8% |
| Deferred charges and accrued income | 490/1 | €5,901 | €7,122 | +€1,221 | +20.7% |
| Total equity and liabilities | 10/49 | €1,333,939 | €1,868,508 | +€534,569 | +40.1% |
| Equity | 10/15 | €1,062,337 | €1,604,677 | +€542,340 | +51.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,043,737 | €1,586,077 | +€542,340 | +52.0% |
| Distributable reserves | 133 | €1,043,737 | €1,586,077 | +€542,340 | +52.0% |
| Amounts payable | 17/49 | €271,601 | €263,830 | -€7,771 | -2.9% |
| Amounts payable after more than one year | 17 | €101,824 | €65,650 | -€36,174 | -35.5% |
| Financial debts | 170/4 | €101,824 | €65,650 | -€36,174 | -35.5% |
| Amounts payable within one year | 42/48 | €169,447 | €198,173 | +€28,726 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €35,685 | €36,174 | +€490 | +1.4% |
| Trade debts | 44 | €31,351 | €124,987 | +€93,636 | +299% |
| Suppliers | 440/4 | €31,351 | €124,987 | +€93,636 | +299% |
| Advances received on contracts in progress | 46 | €91,022 | - | -€91,022 | |
| Taxes, remuneration and social security | 45 | €11,389 | €37,011 | +€25,622 | +225% |
| Taxes | 450/3 | €9,537 | €37,011 | +€27,474 | +288% |
| Remuneration and social security | 454/9 | €1,852 | - | -€1,852 | |
| Accrued charges and deferred income | 492/3 | €331 | €8 | -€323 | -97.5% |
| Remuneration, social security and pensions | 62 | - | €93 | +€93 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,119 | €55,895 | -€9,224 | -14.2% |
| Other operating charges | 640/8 | €11,113 | €5,578 | -€5,534 | -49.8% |
| Gross operating margin | 9900 | €282,415 | €773,574 | +€491,160 | +174% |
| Operating profit (loss) | 9901 | €206,183 | €712,008 | +€505,824 | +245% |
| Financial income | 75/76B | €21,674 | €68,055 | +€46,381 | +214% |
| Recurring financial income | 75 | €21,674 | €68,055 | +€46,381 | +214% |
| Financial charges | 65/66B | €4,106 | €2,847 | -€1,259 | -30.7% |
| Recurring financial charges | 65 | €4,106 | €2,847 | -€1,259 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €223,751 | €777,216 | +€553,465 | +247% |
| Income taxes | 67/77 | €68,619 | €234,876 | +€166,257 | +242% |
| Profit (loss) for the period | 9904 | €155,132 | €542,340 | +€387,208 | +250% |
| Profit (loss) for the period to be appropriated | 9905 | €155,132 | €542,340 | +€387,208 | +250% |
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 15 October 2026 via checked.be.