VAN MOORLEGHEM Patrick: 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.
VAN MOORLEGHEM Patrick
Largest movements
- Cash +€83,858
up €83,858 (+78.2%), from €107,270 to €191,128
mainly Current investments (+€46,506) and Receivables within one year (+€25,849)
- Current investments -€46,506
no longer reported in 2025 (was €46,506)
- Receivables within one year -€25,849
down €25,849 (-52.9%), from €48,883 to €23,034
of which Other amounts receivable: -€18,022
- Tangible fixed assets -€3,630
down €3,630 (-32.2%), from €11,266 to €7,636
of which Furniture and vehicles: -€4,279
- Stocks and contracts +€3,429
up €3,429 (+35.0%), from €9,801 to €13,230
of which Stocks: +€3,084
- Profit (loss) carried forward +€14,610
new in 2025: €14,610
- Trade debts -€5,806
down €5,806 (-64.5%), from €9,007 to €3,201
- Tax, wage and social debts +€4,488
new in 2025: €4,488
- Accrued charges and deferred income -€3,732
down €3,732 (-89.3%), from €4,181 to €449
- Gross operating margin -€4,927
down €4,927 (-14.8%), from €33,343 to €28,416
- Taxes -€1,048
down €1,048 (-21.8%), from €4,796 to €3,748
- Staff costs +€811
new in 2025: €811
- Financial income +€796
up €796 (+176%), from €453 to €1,249
- Other operating charges +€605
up €605 (+97.7%), from €619 to €1,223
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 | €226,576 | €237,879 | +€11,302 | +5.0% |
| Fixed assets | 21/28 | €14,116 | €10,486 | -€3,630 | -25.7% |
| Tangible fixed assets | 22/27 | €11,266 | €7,636 | -€3,630 | -32.2% |
| Plant, machinery and equipment | 23 | €6,121 | €6,770 | +€648 | +10.6% |
| Furniture and vehicles | 24 | €5,145 | €866 | -€4,279 | -83.2% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €212,460 | €227,392 | +€14,932 | +7.0% |
| Stocks and contracts in progress | 3 | €9,801 | €13,230 | +€3,429 | +35.0% |
| Stocks | 30/36 | €6,841 | €9,925 | +€3,084 | +45.1% |
| Contracts in progress | 37 | €2,960 | €3,305 | +€345 | +11.7% |
| Amounts receivable within one year | 40/41 | €48,883 | €23,034 | -€25,849 | -52.9% |
| Trade receivables | 40 | €25,177 | €17,351 | -€7,827 | -31.1% |
| Other amounts receivable | 41 | €23,706 | €5,683 | -€18,022 | -76.0% |
| Current investments | 50/53 | €46,506 | - | -€46,506 | |
| Cash at bank and in hand | 54/58 | €107,270 | €191,128 | +€83,858 | +78.2% |
| Total equity and liabilities | 10/49 | €226,576 | €237,879 | +€11,302 | +5.0% |
| Equity | 10/15 | €213,388 | €227,998 | +€14,610 | +6.8% |
| Contributions | 10/11 | €8,576 | €8,576 | = | 0.0% |
| Contributions outside capital | 11 | €8,576 | - | -€8,576 | |
| Other | 1109/19 | €8,576 | - | -€8,576 | |
| Reserves | 13 | €204,812 | €204,812 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €202,812 | €202,812 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €14,610 | +€14,610 | |
| Amounts payable | 17/49 | €13,188 | €9,881 | -€3,308 | -25.1% |
| Amounts payable within one year | 42/48 | €9,007 | €9,432 | +€424 | +4.7% |
| Trade debts | 44 | €9,007 | €3,201 | -€5,806 | -64.5% |
| Suppliers | 440/4 | €9,007 | €3,201 | -€5,806 | -64.5% |
| Taxes, remuneration and social security | 45 | - | €4,488 | +€4,488 | |
| Remuneration and social security | 454/9 | - | €4,488 | +€4,488 | |
| Other amounts payable | 47/48 | - | €1,743 | +€1,743 | |
| Accrued charges and deferred income | 492/3 | €4,181 | €449 | -€3,732 | -89.3% |
| Remuneration, social security and pensions | 62 | - | €811 | +€811 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,794 | €7,511 | -€284 | -3.6% |
| Other operating charges | 640/8 | €619 | €1,223 | +€605 | +97.7% |
| Gross operating margin | 9900 | €33,343 | €28,416 | -€4,927 | -14.8% |
| Operating profit (loss) | 9901 | €24,930 | €18,872 | -€6,059 | -24.3% |
| Financial income | 75/76B | €453 | €1,249 | +€796 | +176% |
| Recurring financial income | 75 | €453 | €1,249 | +€796 | +176% |
| Financial charges | 65/66B | €1,348 | €1,763 | +€415 | +30.8% |
| Recurring financial charges | 65 | €1,348 | €1,763 | +€415 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €24,036 | €18,358 | -€5,678 | -23.6% |
| Income taxes | 67/77 | €4,796 | €3,748 | -€1,048 | -21.8% |
| Profit (loss) for the period | 9904 | €19,240 | €14,610 | -€4,630 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,240 | €14,610 | -€4,630 | -24.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.