THE MOJO: what changed
Two fiscal 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.
THE MOJO
Largest movements
- Tangible fixed assets -€9,322
down €9,322 (-15.8%), from €59,029 to €49,707
of which Other tangible fixed assets: -€6,808
- Deferred charges and accrued income +€2,162
up €2,162, from €0 to €2,162
- Receivables within one year -€1,551
down €1,551 (-93.2%), from €1,664 to €114
of which Trade receivables: -€1,395
- Other debts -€4,797
down €4,797 (-82.7%), from €5,797 to €1,000
- Profit (loss) carried forward -€4,317
down €4,317 (-17.2%), from -€25,049 to -€29,366
- Tax, wage and social debts +€1,085
up €1,085 (+54.0%), from €2,011 to €3,096
- Gross operating margin +€4,555
up €4,555 (+75.0%), from €6,073 to €10,628
- Financial income +€842
up €842, from €0 to €842
- Other operating charges -€572
down €572 (-16.3%), from €3,513 to €2,941
- Depreciation +€234
up €234 (+2.6%), from €9,088 to €9,322
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.
Cash bridge derived
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 | €73,297 | €65,458 | -€7,839 | -10.7% |
| Fixed assets | 21/28 | €59,194 | €49,872 | -€9,322 | -15.7% |
| Tangible fixed assets | 22/27 | €59,029 | €49,707 | -€9,322 | -15.8% |
| Plant, machinery and equipment | 23 | €4,277 | €2,723 | -€1,554 | -36.3% |
| Furniture and vehicles | 24 | €2,497 | €1,537 | -€960 | -38.5% |
| Other tangible fixed assets | 26 | €52,255 | €45,447 | -€6,808 | -13.0% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €14,102 | €15,586 | +€1,483 | +10.5% |
| Stocks and contracts in progress | 3 | €4,945 | €5,370 | +€424 | +8.6% |
| Stocks | 30/36 | €4,945 | €5,370 | +€424 | +8.6% |
| Amounts receivable within one year | 40/41 | €1,664 | €114 | -€1,551 | -93.2% |
| Trade receivables | 40 | €1,395 | €0 | -€1,395 | -100.0% |
| Other amounts receivable | 41 | €269 | €114 | -€156 | -57.9% |
| Cash at bank and in hand | 54/58 | €7,493 | €7,941 | +€448 | +6.0% |
| Deferred charges and accrued income | 490/1 | €0 | €2,162 | +€2,162 | |
| Total equity and liabilities | 10/49 | €73,297 | €65,458 | -€7,839 | -10.7% |
| Equity | 10/15 | -€20,049 | -€24,366 | -€4,317 | -21.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,049 | -€29,366 | -€4,317 | -17.2% |
| Amounts payable | 17/49 | €93,345 | €89,824 | -€3,522 | -3.8% |
| Amounts payable after more than one year | 17 | €85,000 | €85,000 | = | 0.0% |
| Financial debts | 170/4 | €85,000 | €85,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,345 | €4,824 | -€3,522 | -42.2% |
| Trade debts | 44 | €537 | €727 | +€190 | +35.3% |
| Suppliers | 440/4 | €537 | €727 | +€190 | +35.3% |
| Taxes, remuneration and social security | 45 | €2,011 | €3,096 | +€1,085 | +54.0% |
| Taxes | 450/3 | €2,011 | €3,096 | +€1,085 | +54.0% |
| Other amounts payable | 47/48 | €5,797 | €1,000 | -€4,797 | -82.7% |
| Remuneration, social security and pensions | 62 | €82 | €0 | -€82 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,088 | €9,322 | +€234 | +2.6% |
| Other operating charges | 640/8 | €3,513 | €2,941 | -€572 | -16.3% |
| Gross operating margin | 9900 | €6,073 | €10,628 | +€4,555 | +75.0% |
| Operating profit (loss) | 9901 | -€6,610 | -€1,635 | +€4,974 | +75.3% |
| Financial income | 75/76B | €0 | €842 | +€842 | |
| Recurring financial income | 75 | €0 | €842 | +€842 | |
| Financial charges | 65/66B | €3,494 | €3,524 | +€30 | +0.8% |
| Recurring financial charges | 65 | €3,494 | €3,524 | +€30 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,104 | -€4,317 | +€5,787 | +57.3% |
| Profit (loss) for the period | 9904 | -€10,104 | -€4,317 | +€5,787 | +57.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,104 | -€4,317 | +€5,787 | +57.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.