NAVI MOUSCRON: what changed
NAVI MOUSCRON
Largest movements
- Stocks and contracts -€24,486
down €24,486 (-27.4%), from €89,286 to €64,800
- Cash +€12,055
up €12,055 (+45.4%), from €26,557 to €38,612
mainly Net result for the year (+€46,921) and Stocks and contracts (+€24,486)
- Tangible fixed assets -€3,345
down €3,345 (-29.0%), from €11,528 to €8,183
of which Furniture and vehicles: -€3,045
- Receivables within one year -€2,027
down €2,027 (-43.5%), from €4,663 to €2,635
of which Other amounts receivable: -€2,233
- Profit (loss) carried forward +€46,921
up €46,921, from -€7,834 to €39,087
- Other debts -€25,132
down €25,132 (-30.3%), from €83,026 to €57,894
- Trade debts -€25,002
down €25,002 (-80.1%), from €31,219 to €6,217
- Tax, wage and social debts -€14,589
down €14,589 (-75.1%), from €19,421 to €4,831
of which Taxes: -€10,189
- Gross operating margin +€56,751
up €56,751 (+266%), from €21,371 to €78,121
- Taxes +€4,929
new in 2025: €4,929
- Financial charges +€4,603
up €4,603 (+61.2%), from €7,527 to €12,130
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,193 | €116,390 | -€17,803 | -13.3% |
| Fixed assets | 21/28 | €13,688 | €10,343 | -€3,345 | -24.4% |
| Tangible fixed assets | 22/27 | €11,528 | €8,183 | -€3,345 | -29.0% |
| Plant, machinery and equipment | 23 | €900 | €600 | -€300 | -33.3% |
| Furniture and vehicles | 24 | €10,628 | €7,583 | -€3,045 | -28.6% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €120,505 | €106,047 | -€14,458 | -12.0% |
| Stocks and contracts in progress | 3 | €89,286 | €64,800 | -€24,486 | -27.4% |
| Stocks | 30/36 | €89,286 | €64,800 | -€24,486 | -27.4% |
| Amounts receivable within one year | 40/41 | €4,663 | €2,635 | -€2,027 | -43.5% |
| Trade receivables | 40 | - | €206 | +€206 | |
| Other amounts receivable | 41 | €4,663 | €2,430 | -€2,233 | -47.9% |
| Cash at bank and in hand | 54/58 | €26,557 | €38,612 | +€12,055 | +45.4% |
| Total equity and liabilities | 10/49 | €134,193 | €116,390 | -€17,803 | -13.3% |
| Equity | 10/15 | €526 | €47,447 | +€46,921 | +8,912% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 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 | -€7,834 | €39,087 | +€46,921 | |
| Amounts payable | 17/49 | €133,666 | €68,943 | -€64,724 | -48.4% |
| Amounts payable within one year | 42/48 | €133,666 | €68,943 | -€64,724 | -48.4% |
| Trade debts | 44 | €31,219 | €6,217 | -€25,002 | -80.1% |
| Suppliers | 440/4 | €31,219 | €6,217 | -€25,002 | -80.1% |
| Taxes, remuneration and social security | 45 | €19,421 | €4,831 | -€14,589 | -75.1% |
| Taxes | 450/3 | €14,021 | €3,831 | -€10,189 | -72.7% |
| Remuneration and social security | 454/9 | €5,400 | €1,000 | -€4,400 | -81.5% |
| Other amounts payable | 47/48 | €83,026 | €57,894 | -€25,132 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,345 | €3,345 | = | 0.0% |
| Other operating charges | 640/8 | €10,043 | €10,799 | +€756 | +7.5% |
| Gross operating margin | 9900 | €21,371 | €78,121 | +€56,751 | +266% |
| Operating profit (loss) | 9901 | €7,983 | €63,978 | +€55,995 | +701% |
| Financial income | 75/76B | €0 | €2 | +€2 | +5,925% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +5,925% |
| Financial charges | 65/66B | €7,527 | €12,130 | +€4,603 | +61.2% |
| Recurring financial charges | 65 | €7,527 | €12,130 | +€4,603 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €456 | €51,850 | +€51,394 | +11,275% |
| Income taxes | 67/77 | - | €4,929 | +€4,929 | |
| Profit (loss) for the period | 9904 | €456 | €46,921 | +€46,465 | +10,194% |
| Profit (loss) for the period to be appropriated | 9905 | €456 | €46,921 | +€46,465 | +10,194% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.