Mozer Industrial Properties 2: 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.
Mozer Industrial Properties 2
Largest movements
- Cash +€151,010
up €151,010 (+1,228,719%), from €12 to €151,022
mainly Debts after one year (+€294,077) and Depreciation (+€34,259)
- Tangible fixed assets -€28,659
down €28,659 (-4.3%), from €660,609 to €631,949
- Receivables within one year +€20,228
up €20,228 (+22.3%), from €90,739 to €110,967
of which Other amounts receivable: +€13,861
- Debts after one year +€294,077
up €294,077 (+81.7%), from €359,821 to €653,897
- Current portion of long-term debt -€71,644
down €71,644 (-52.6%), from €136,284 to €64,641
- Profit (loss) carried forward -€57,942
down €57,942 (-33.3%), from €173,858 to €115,916
- Tax, wage and social debts -€13,046
down €13,046 (-70.8%), from €18,427 to €5,381
- Gross operating margin -€74,236
down €74,236 (-75.6%), from €98,255 to €24,019
- Depreciation -€25,302
down €25,302 (-42.5%), from €59,562 to €34,259
- Financial charges +€24,629
up €24,629 (+203%), from €12,148 to €36,777
- Taxes -€17,734
down €17,734 (-100%), from €17,734 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.
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 | €769,360 | €914,127 | +€144,767 | +18.8% |
| Fixed assets | 21/28 | €660,609 | €631,949 | -€28,659 | -4.3% |
| Tangible fixed assets | 22/27 | €660,609 | €631,949 | -€28,659 | -4.3% |
| Land and buildings | 22 | €660,609 | €631,949 | -€28,659 | -4.3% |
| Current assets | 29/58 | €108,751 | €282,177 | +€173,426 | +159% |
| Stocks and contracts in progress | 3 | €18,000 | €18,000 | = | 0.0% |
| Stocks | 30/36 | €18,000 | €18,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €90,739 | €110,967 | +€20,228 | +22.3% |
| Trade receivables | 40 | €2,723 | €9,090 | +€6,367 | +234% |
| Other amounts receivable | 41 | €88,016 | €101,877 | +€13,861 | +15.7% |
| Cash at bank and in hand | 54/58 | €12 | €151,022 | +€151,010 | +1,228,719% |
| Deferred charges and accrued income | 490/1 | - | €2,188 | +€2,188 | |
| Total equity and liabilities | 10/49 | €769,360 | €914,127 | +€144,767 | +18.8% |
| Equity | 10/15 | €198,472 | €140,530 | -€57,942 | -29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,014 | €6,014 | = | 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% |
| Distributable reserves | 133 | €4,154 | €4,154 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,858 | €115,916 | -€57,942 | -33.3% |
| Amounts payable | 17/49 | €570,888 | €773,597 | +€202,709 | +35.5% |
| Amounts payable after more than one year | 17 | €359,821 | €653,897 | +€294,077 | +81.7% |
| Financial debts | 170/4 | €359,821 | €653,897 | +€294,077 | +81.7% |
| Amounts payable within one year | 42/48 | €211,067 | €119,699 | -€91,368 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | €136,284 | €64,641 | -€71,644 | -52.6% |
| Trade debts | 44 | €20,355 | €13,474 | -€6,882 | -33.8% |
| Suppliers | 440/4 | €20,355 | €13,474 | -€6,882 | -33.8% |
| Taxes, remuneration and social security | 45 | €18,427 | €5,381 | -€13,046 | -70.8% |
| Taxes | 450/3 | €18,427 | €5,381 | -€13,046 | -70.8% |
| Other amounts payable | 47/48 | €36,000 | €36,204 | +€204 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,562 | €34,259 | -€25,302 | -42.5% |
| Other operating charges | 640/8 | €10,264 | €10,924 | +€660 | +6.4% |
| Gross operating margin | 9900 | €98,255 | €24,019 | -€74,236 | -75.6% |
| Operating profit (loss) | 9901 | €28,429 | -€21,165 | -€49,594 | |
| Financial charges | 65/66B | €12,148 | €36,777 | +€24,629 | +203% |
| Recurring financial charges | 65 | €12,148 | €36,777 | +€24,629 | +203% |
| Profit (loss) for the period before taxes | 9903 | €16,280 | -€57,942 | -€74,223 | |
| Income taxes | 67/77 | €17,734 | €0 | -€17,734 | -100% |
| Profit (loss) for the period | 9904 | -€1,453 | -€57,942 | -€56,489 | -3,887% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,453 | -€57,942 | -€56,489 | -3,887% |
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 29 October 2026 via checked.be.