Mozz-Art: 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.
Mozz-Art
Largest movements
- Financial fixed assets +€1.3m
up €1.3m (+579,578%), from €225 to €1.3m
- Receivables within one year -€129,599
down €129,599 (-73.5%), from €176,328 to €46,729
of which Trade receivables: -€134,788
- Other debts +€658,236
up €658,236 (+606%), from €108,604 to €766,840
- Debts after one year +€424,064
up €424,064 (+4,924%), from €8,612 to €432,676
- Current portion of long-term debt +€71,911
up €71,911 (+929%), from €7,743 to €79,654
- Gross operating margin -€67,648
down €67,648 (-70.9%), from €95,478 to €27,830
- Staff costs -€34,089
down €34,089 (-100%), from €34,089 to €0
- Financial charges +€23,915
up €23,915 (+1,914%), from €1,249 to €25,165
- Taxes -€4,857
down €4,857 (-94.9%), from €5,119 to €261
- Depreciation -€3,370
down €3,370 (-100%), from €3,370 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,393 | €1,353,787 | +€1.2m | +626% |
| Fixed assets | 21/28 | €8,571 | €1,307,058 | +€1.3m | +15,150% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €8,346 | €0 | -€8,346 | -100% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €8,346 | €0 | -€8,346 | -100% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €225 | €1,307,058 | +€1.3m | +579,578% |
| Current assets | 29/58 | €177,822 | €46,729 | -€131,093 | -73.7% |
| Amounts receivable within one year | 40/41 | €176,328 | €46,729 | -€129,599 | -73.5% |
| Trade receivables | 40 | €172,943 | €38,155 | -€134,788 | -77.9% |
| Other amounts receivable | 41 | €3,385 | €8,574 | +€5,189 | +153% |
| Cash at bank and in hand | 54/58 | €1,195 | €0 | -€1,195 | -100% |
| Deferred charges and accrued income | 490/1 | €298 | €0 | -€298 | -100% |
| Total equity and liabilities | 10/49 | €186,393 | €1,353,787 | +€1.2m | +626% |
| Equity | 10/15 | €38,096 | €38,269 | +€172 | +0.5% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,596 | €34,769 | +€172 | +0.5% |
| Amounts payable | 17/49 | €148,297 | €1,315,518 | +€1.2m | +787% |
| Amounts payable after more than one year | 17 | €8,612 | €432,676 | +€424,064 | +4,924% |
| Financial debts | 170/4 | €8,612 | €432,676 | +€424,064 | +4,924% |
| Amounts payable within one year | 42/48 | €139,685 | €882,842 | +€743,157 | +532% |
| Current portion of amounts payable after more than one year | 42 | €7,743 | €79,654 | +€71,911 | +929% |
| Financial debts | 43 | - | €71 | +€71 | |
| Credit institutions | 430/8 | - | €71 | +€71 | |
| Trade debts | 44 | €16,944 | €26,113 | +€9,169 | +54.1% |
| Suppliers | 440/4 | €16,944 | €26,113 | +€9,169 | +54.1% |
| Advances received on contracts in progress | 46 | €981 | €981 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,413 | €9,183 | +€3,770 | +69.6% |
| Taxes | 450/3 | €5,119 | €9,183 | +€4,065 | +79.4% |
| Remuneration and social security | 454/9 | €295 | €0 | -€295 | -100% |
| Other amounts payable | 47/48 | €108,604 | €766,840 | +€658,236 | +606% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €34,089 | €0 | -€34,089 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,370 | €0 | -€3,370 | -100% |
| Other operating charges | 640/8 | €1,178 | €2,231 | +€1,053 | +89.4% |
| Gross operating margin | 9900 | €95,478 | €27,830 | -€67,648 | -70.9% |
| Operating profit (loss) | 9901 | €56,840 | €25,598 | -€31,241 | -55.0% |
| Financial income | 75/76B | €61 | €0 | -€61 | -100% |
| Recurring financial income | 75 | €61 | €0 | -€61 | -100% |
| Financial charges | 65/66B | €1,249 | €25,165 | +€23,915 | +1,914% |
| Recurring financial charges | 65 | €1,249 | €25,165 | +€23,915 | +1,914% |
| Profit (loss) for the period before taxes | 9903 | €55,651 | €434 | -€55,217 | -99.2% |
| Income taxes | 67/77 | €5,119 | €261 | -€4,857 | -94.9% |
| Profit (loss) for the period | 9904 | €50,532 | €172 | -€50,360 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,532 | €172 | -€50,360 | -99.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.