Raphaël Mossoux, avocat: 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.
Raphaël Mossoux, avocat
Largest movements
- Intangible fixed assets -€22,864
down €22,864 (-33.4%), from €68,482 to €45,618
- Cash -€4,952
down €4,952 (-9.0%), from €54,732 to €49,779
mainly Net result for the year (-€13,227) and Other debts (-€10,856)
- Tangible fixed assets -€3,971
down €3,971 (-54.2%), from €7,329 to €3,358
of which Other tangible fixed assets: -€2,222
- Reserves -€10,967
no longer reported in 2025 (was €10,967)
- Other debts -€10,856
down €10,856 (-12.5%), from €86,824 to €75,968
- Debts after one year -€7,889
down €7,889 (-29.3%), from €26,928 to €19,038
- Profit (loss) carried forward -€2,261
new in 2025: -€2,261
- Gross operating margin -€19,798
down €19,798 (-56.8%), from €34,855 to €15,058
- Taxes -€694
no longer reported in 2025 (was €694)
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 | €138,443 | €106,532 | -€31,911 | -23.1% |
| Fixed assets | 21/28 | €75,810 | €48,975 | -€26,835 | -35.4% |
| Intangible fixed assets | 21 | €68,482 | €45,618 | -€22,864 | -33.4% |
| Tangible fixed assets | 22/27 | €7,329 | €3,358 | -€3,971 | -54.2% |
| Furniture and vehicles | 24 | €2,188 | €438 | -€1,749 | -80.0% |
| Other tangible fixed assets | 26 | €5,141 | €2,919 | -€2,222 | -43.2% |
| Current assets | 29/58 | €62,633 | €57,557 | -€5,076 | -8.1% |
| Amounts receivable within one year | 40/41 | €7,093 | €7,778 | +€685 | +9.7% |
| Trade receivables | 40 | €287 | €346 | +€59 | +20.4% |
| Other amounts receivable | 41 | €6,806 | €7,432 | +€626 | +9.2% |
| Cash at bank and in hand | 54/58 | €54,732 | €49,779 | -€4,952 | -9.0% |
| Deferred charges and accrued income | 490/1 | €809 | - | -€809 | |
| Total equity and liabilities | 10/49 | €138,443 | €106,532 | -€31,911 | -23.1% |
| Equity | 10/15 | €13,967 | €739 | -€13,227 | -94.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,967 | - | -€10,967 | |
| Distributable reserves | 133 | €10,967 | - | -€10,967 | |
| Profit (loss) carried forward | 14 | - | -€2,261 | -€2,261 | |
| Amounts payable | 17/49 | €124,476 | €105,793 | -€18,684 | -15.0% |
| Amounts payable after more than one year | 17 | €26,928 | €19,038 | -€7,889 | -29.3% |
| Financial debts | 170/4 | €26,928 | €19,038 | -€7,889 | -29.3% |
| Amounts payable within one year | 42/48 | €95,487 | €84,966 | -€10,521 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €7,732 | €7,889 | +€157 | +2.0% |
| Trade debts | 44 | €809 | €1,109 | +€300 | +37.1% |
| Suppliers | 440/4 | €809 | €1,109 | +€300 | +37.1% |
| Taxes, remuneration and social security | 45 | €123 | - | -€123 | |
| Taxes | 450/3 | €123 | - | -€123 | |
| Other amounts payable | 47/48 | €86,824 | €75,968 | -€10,856 | -12.5% |
| Accrued charges and deferred income | 492/3 | €2,062 | €1,788 | -€274 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,825 | €26,835 | +€10 | 0.0% |
| Other operating charges | 640/8 | €525 | €609 | +€84 | +15.9% |
| Gross operating margin | 9900 | €34,855 | €15,058 | -€19,798 | -56.8% |
| Operating profit (loss) | 9901 | €7,506 | -€12,386 | -€19,892 | |
| Financial charges | 65/66B | €936 | €841 | -€94 | -10.1% |
| Recurring financial charges | 65 | €936 | €841 | -€94 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €6,570 | -€13,227 | -€19,797 | |
| Income taxes | 67/77 | €694 | - | -€694 | |
| Profit (loss) for the period | 9904 | €5,876 | -€13,227 | -€19,103 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,876 | -€13,227 | -€19,103 |
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 20 October 2026 via checked.be.