TEAM MOJAVE: 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.
TEAM MOJAVE
Largest movements
- Financial fixed assets -€350,001
down €350,001 (-100%), from €350,001 to €0
- Cash -€17,694
down €17,694 (-97.2%), from €18,211 to €517
mainly Net result for the year (-€355,189) and Debts after one year (-€22,000)
- Profit (loss) carried forward -€355,189
down €355,189, from €26,515 to -€328,674
- Debts after one year -€22,000
down €22,000 (-23.4%), from €94,000 to €72,000
- Other debts +€8,250
up €8,250 (+3.8%), from €219,211 to €227,461
- Financial charges +€349,571
up €349,571 (+21,546%), from €1,622 to €351,194
- Gross operating margin -€21,782
down €21,782, from €19,787 to -€1,995
- Write-downs +€2,000
new in 2024: €2,000
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 | €370,212 | €517 | -€369,695 | -99.9% |
| Fixed assets | 21/28 | €350,001 | €0 | -€350,001 | -100% |
| Financial fixed assets | 28 | €350,001 | €0 | -€350,001 | -100% |
| Current assets | 29/58 | €20,211 | €517 | -€19,694 | -97.4% |
| Amounts receivable within one year | 40/41 | €2,000 | €0 | -€2,000 | -100% |
| Trade receivables | 40 | €2,000 | €0 | -€2,000 | -100% |
| Cash at bank and in hand | 54/58 | €18,211 | €517 | -€17,694 | -97.2% |
| Total equity and liabilities | 10/49 | €370,212 | €517 | -€369,695 | -99.9% |
| Equity | 10/15 | €33,544 | -€321,645 | -€355,189 | |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €730 | €730 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €730 | €730 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,515 | -€328,674 | -€355,189 | |
| Amounts payable | 17/49 | €336,668 | €322,162 | -€14,506 | -4.3% |
| Amounts payable after more than one year | 17 | €94,000 | €72,000 | -€22,000 | -23.4% |
| Financial debts | 170/4 | €94,000 | €72,000 | -€22,000 | -23.4% |
| Amounts payable within one year | 42/48 | €242,668 | €250,162 | +€7,494 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €22,000 | €22,000 | = | 0.0% |
| Trade debts | 44 | €1,457 | €701 | -€756 | -51.9% |
| Suppliers | 440/4 | €1,457 | €701 | -€756 | -51.9% |
| Other amounts payable | 47/48 | €219,211 | €227,461 | +€8,250 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €19,787 | -€1,995 | -€21,782 | |
| Operating profit (loss) | 9901 | €19,737 | -€3,995 | -€23,732 | |
| Financial charges | 65/66B | €1,622 | €351,194 | +€349,571 | +21,546% |
| Recurring financial charges | 65 | €1,622 | €351,194 | +€349,571 | +21,546% |
| Profit (loss) for the period before taxes | 9903 | €18,115 | -€355,189 | -€373,303 | |
| Profit (loss) for the period | 9904 | €18,115 | -€355,189 | -€373,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,115 | -€355,189 | -€373,303 |
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 14 October 2026 via checked.be.