THE MOOSE EXPERIENCE: 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.
THE MOOSE EXPERIENCE
Largest movements
- Receivables within one year +€89,109
up €89,109 (+14.3%), from €624,223 to €713,331
of which Trade receivables: +€94,605
- Cash +€54,933
up €54,933 (+1,259%), from €4,364 to €59,297
mainly Net result for the year (+€148,172) and Tax, wage and social debts (+€41,850)
- Reserves +€139,938
up €139,938 (+29,362%), from €477 to €140,415
of which Distributable reserves: +€140,415
- Tax, wage and social debts +€41,850
up €41,850 (+383%), from €10,931 to €52,782
of which Taxes: +€41,127
- Current portion of long-term debt -€33,099
no longer reported in 2025 (was €33,099)
- Trade debts -€28,589
down €28,589 (-9.8%), from €291,386 to €262,797
- Accrued charges and deferred income +€10,213
new in 2025: €10,213
- Gross operating margin +€92,392
up €92,392 (+37.1%), from €248,798 to €341,190
- Staff costs -€76,939
down €76,939 (-35.2%), from €218,589 to €141,650
- Other operating charges +€19,883
up €19,883 (+364%), from €5,457 to €25,340
- Financial charges -€9,321
down €9,321 (-72.7%), from €12,826 to €3,506
- Depreciation -€5,992
down €5,992 (-47.5%), from €12,611 to €6,619
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 | €642,259 | €780,806 | +€138,548 | +21.6% |
| Fixed assets | 21/28 | €8,210 | €1,591 | -€6,619 | -80.6% |
| Tangible fixed assets | 22/27 | €8,210 | €1,591 | -€6,619 | -80.6% |
| Plant, machinery and equipment | 23 | €569 | - | -€569 | |
| Furniture and vehicles | 24 | €7,641 | €1,591 | -€6,050 | -79.2% |
| Current assets | 29/58 | €634,048 | €779,215 | +€145,167 | +22.9% |
| Amounts receivable within one year | 40/41 | €624,223 | €713,331 | +€89,109 | +14.3% |
| Trade receivables | 40 | €599,545 | €694,150 | +€94,605 | +15.8% |
| Other amounts receivable | 41 | €24,678 | €19,181 | -€5,496 | -22.3% |
| Cash at bank and in hand | 54/58 | €4,364 | €59,297 | +€54,933 | +1,259% |
| Deferred charges and accrued income | 490/1 | €5,462 | €6,587 | +€1,125 | +20.6% |
| Total equity and liabilities | 10/49 | €642,259 | €780,806 | +€138,548 | +21.6% |
| Equity | 10/15 | €10,842 | €159,015 | +€148,172 | +1,367% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €477 | €140,415 | +€139,938 | +29,362% |
| Non-distributable reserves | 130/1 | €477 | - | -€477 | |
| Reserves not available under the articles | 1311 | €477 | - | -€477 | |
| Distributable reserves | 133 | - | €140,415 | +€140,415 | |
| Profit (loss) carried forward | 14 | -€8,234 | - | +€8,234 | |
| Amounts payable | 17/49 | €631,416 | €621,791 | -€9,625 | -1.5% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €431,416 | €411,578 | -€19,838 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €33,099 | - | -€33,099 | |
| Trade debts | 44 | €291,386 | €262,797 | -€28,589 | -9.8% |
| Suppliers | 440/4 | €291,386 | €262,797 | -€28,589 | -9.8% |
| Taxes, remuneration and social security | 45 | €10,931 | €52,782 | +€41,850 | +383% |
| Taxes | 450/3 | €19 | €41,146 | +€41,127 | +211,665% |
| Remuneration and social security | 454/9 | €10,912 | €11,636 | +€724 | +6.6% |
| Other amounts payable | 47/48 | €96,000 | €96,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €10,213 | +€10,213 | |
| Remuneration, social security and pensions | 62 | €218,589 | €141,650 | -€76,939 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,611 | €6,619 | -€5,992 | -47.5% |
| Other operating charges | 640/8 | €5,457 | €25,340 | +€19,883 | +364% |
| Non-recurring operating charges | 66A | - | €15,903 | +€15,903 | |
| Gross operating margin | 9900 | €248,798 | €341,190 | +€92,392 | +37.1% |
| Operating profit (loss) | 9901 | €12,141 | €151,678 | +€139,537 | +1,149% |
| Financial income | 75/76B | €353 | - | -€353 | |
| Recurring financial income | 75 | €353 | - | -€353 | |
| Financial charges | 65/66B | €12,826 | €3,506 | -€9,321 | -72.7% |
| Recurring financial charges | 65 | €12,826 | €3,506 | -€9,321 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | -€333 | €148,172 | +€148,505 | |
| Profit (loss) for the period | 9904 | -€333 | €148,172 | +€148,505 | |
| Profit (loss) for the period to be appropriated | 9905 | -€333 | €148,172 | +€148,505 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.