Voyages Mosans: what changed
Voyages Mosans
Largest movements
- Cash -€255,195
down €255,195 (-46.4%), from €550,339 to €295,144
mainly Receivables within one year (-€114,075) and Other debts (-€101,799)
- Receivables within one year +€114,075
up €114,075 (+149%), from €76,427 to €190,502
of which Other amounts receivable: +€108,222
- Deferred charges and accrued income +€80,000
new in 2025: €80,000
- Other debts -€101,799
no longer reported in 2025 (was €101,799)
- Trade debts +€47,919
up €47,919 (+25.8%), from €185,413 to €233,332
- Debts after one year -€27,634
down €27,634 (-38.2%), from €72,336 to €44,703
- Profit (loss) carried forward +€14,369
up €14,369 (+14.1%), from €101,983 to €116,352
- Staff costs +€37,179
up €37,179 (+38.5%), from €96,613 to €133,792
- Gross operating margin +€17,076
up €17,076 (+11.1%), from €153,351 to €170,428
- Taxes -€11,215
down €11,215 (-68.2%), from €16,446 to €5,231
- Other operating charges -€3,083
down €3,083 (-49.8%), from €6,191 to €3,107
- Financial charges +€2,454
up €2,454 (+44.6%), from €5,504 to €7,958
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €855,915 | €789,712 | -€66,204 | -7.7% |
| Fixed assets | 21/28 | €229,150 | €224,066 | -€5,084 | -2.2% |
| Tangible fixed assets | 22/27 | €224,160 | €219,076 | -€5,084 | -2.3% |
| Land and buildings | 22 | €219,327 | €216,126 | -€3,201 | -1.5% |
| Plant, machinery and equipment | 23 | €2,051 | €568 | -€1,483 | -72.3% |
| Furniture and vehicles | 24 | €2,782 | €2,382 | -€401 | -14.4% |
| Financial fixed assets | 28 | €4,990 | €4,990 | = | 0.0% |
| Current assets | 29/58 | €626,766 | €565,646 | -€61,120 | -9.8% |
| Amounts receivable within one year | 40/41 | €76,427 | €190,502 | +€114,075 | +149% |
| Trade receivables | 40 | €52,254 | €58,107 | +€5,853 | +11.2% |
| Other amounts receivable | 41 | €24,173 | €132,395 | +€108,222 | +448% |
| Cash at bank and in hand | 54/58 | €550,339 | €295,144 | -€255,195 | -46.4% |
| Deferred charges and accrued income | 490/1 | - | €80,000 | +€80,000 | |
| Total equity and liabilities | 10/49 | €855,915 | €789,712 | -€66,204 | -7.7% |
| Equity | 10/15 | €463,742 | €478,111 | +€14,369 | +3.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Revaluation surpluses | 12 | €198,000 | €198,000 | = | 0.0% |
| Reserves | 13 | €138,970 | €138,970 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €136,491 | €136,491 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,983 | €116,352 | +€14,369 | +14.1% |
| Amounts payable | 17/49 | €392,174 | €311,601 | -€80,573 | -20.5% |
| Amounts payable after more than one year | 17 | €72,336 | €44,703 | -€27,634 | -38.2% |
| Financial debts | 170/4 | €72,336 | €44,703 | -€27,634 | -38.2% |
| Amounts payable within one year | 42/48 | €319,837 | €266,898 | -€52,939 | -16.6% |
| Trade debts | 44 | €185,413 | €233,332 | +€47,919 | +25.8% |
| Suppliers | 440/4 | €185,413 | €233,332 | +€47,919 | +25.8% |
| Taxes, remuneration and social security | 45 | €32,624 | €33,566 | +€942 | +2.9% |
| Taxes | 450/3 | €20,189 | €15,857 | -€4,333 | -21.5% |
| Remuneration and social security | 454/9 | €12,435 | €17,709 | +€5,274 | +42.4% |
| Other amounts payable | 47/48 | €101,799 | - | -€101,799 | |
| Remuneration, social security and pensions | 62 | €96,613 | €133,792 | +€37,179 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,481 | €6,091 | -€390 | -6.0% |
| Other operating charges | 640/8 | €6,191 | €3,107 | -€3,083 | -49.8% |
| Gross operating margin | 9900 | €153,351 | €170,428 | +€17,076 | +11.1% |
| Operating profit (loss) | 9901 | €44,067 | €27,438 | -€16,629 | -37.7% |
| Financial income | 75/76B | €35 | €119 | +€84 | +239% |
| Recurring financial income | 75 | €35 | €119 | +€84 | +239% |
| Financial charges | 65/66B | €5,504 | €7,958 | +€2,454 | +44.6% |
| Recurring financial charges | 65 | €5,504 | €7,958 | +€2,454 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €38,598 | €19,599 | -€18,999 | -49.2% |
| Income taxes | 67/77 | €16,446 | €5,231 | -€11,215 | -68.2% |
| Profit (loss) for the period | 9904 | €22,152 | €14,369 | -€7,783 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,152 | €14,369 | -€7,783 | -35.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.