MOSKO: what changed
MOSKO
Largest movements
- Receivables within one year +€62,385
up €62,385 (+86.9%), from €71,828 to €134,212
of which Other amounts receivable: +€49,339
- Cash -€30,232
down €30,232 (-28.8%), from €105,131 to €74,899
mainly Receivables within one year (-€62,385) and Contributions, distributions and other (-€54,100)
- Tangible fixed assets -€13,848
down €13,848 (-13.0%), from €106,659 to €92,811
of which Leasing and similar rights: -€9,650
- Profit (loss) carried forward +€25,883
up €25,883 (+15.7%), from €165,004 to €190,886
- Debts after one year -€21,201
down €21,201 (-42.4%), from €49,951 to €28,750
- Other debts +€11,486
up €11,486 (+229%), from €5,014 to €16,500
- Contributions +€7,517
up €7,517 (+138%), from €5,460 to €12,976
- Trade debts -€7,479
down €7,479 (-40.2%), from €18,604 to €11,125
- Gross operating margin -€43,766
down €43,766 (-22.8%), from €192,256 to €148,490
- Taxes -€7,647
down €7,647 (-21.9%), from €34,907 to €27,260
- Depreciation +€6,389
up €6,389 (+29.8%), from €21,431 to €27,820
- Write-downs -€4,963
no longer reported in 2025 (was €4,963)
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 | €284,183 | €302,468 | +€18,285 | +6.4% |
| Fixed assets | 21/28 | €106,659 | €92,811 | -€13,848 | -13.0% |
| Tangible fixed assets | 22/27 | €106,659 | €92,811 | -€13,848 | -13.0% |
| Land and buildings | 22 | €29,490 | €26,252 | -€3,238 | -11.0% |
| Furniture and vehicles | 24 | €46,809 | €39,853 | -€6,956 | -14.9% |
| Leasing and similar rights | 25 | €26,068 | €16,418 | -€9,650 | -37.0% |
| Other tangible fixed assets | 26 | €4,292 | €10,287 | +€5,996 | +140% |
| Current assets | 29/58 | €177,524 | €209,657 | +€32,133 | +18.1% |
| Amounts receivable within one year | 40/41 | €71,828 | €134,212 | +€62,385 | +86.9% |
| Trade receivables | 40 | €53,570 | €66,616 | +€13,046 | +24.4% |
| Other amounts receivable | 41 | €18,258 | €67,597 | +€49,339 | +270% |
| Cash at bank and in hand | 54/58 | €105,131 | €74,899 | -€30,232 | -28.8% |
| Deferred charges and accrued income | 490/1 | €566 | €545 | -€20 | -3.6% |
| Total equity and liabilities | 10/49 | €284,183 | €302,468 | +€18,285 | +6.4% |
| Equity | 10/15 | €170,463 | €203,863 | +€33,399 | +19.6% |
| Contributions | 10/11 | €5,460 | €12,976 | +€7,517 | +138% |
| Contributions outside capital | 11 | €5,460 | €12,976 | +€7,517 | +138% |
| Other | 1109/19 | €5,460 | €12,976 | +€7,517 | +138% |
| Profit (loss) carried forward | 14 | €165,004 | €190,886 | +€25,883 | +15.7% |
| Amounts payable | 17/49 | €113,720 | €98,605 | -€15,114 | -13.3% |
| Amounts payable after more than one year | 17 | €49,951 | €28,750 | -€21,201 | -42.4% |
| Financial debts | 170/4 | €49,951 | €28,750 | -€21,201 | -42.4% |
| Amounts payable within one year | 42/48 | €63,200 | €69,856 | +€6,655 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €20,153 | €21,201 | +€1,047 | +5.2% |
| Trade debts | 44 | €18,604 | €11,125 | -€7,479 | -40.2% |
| Suppliers | 440/4 | €18,604 | €11,125 | -€7,479 | -40.2% |
| Taxes, remuneration and social security | 45 | €19,429 | €21,030 | +€1,601 | +8.2% |
| Taxes | 450/3 | €19,429 | €21,030 | +€1,601 | +8.2% |
| Other amounts payable | 47/48 | €5,014 | €16,500 | +€11,486 | +229% |
| Accrued charges and deferred income | 492/3 | €569 | - | -€569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,431 | €27,820 | +€6,389 | +29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,963 | - | -€4,963 | |
| Other operating charges | 640/8 | €1,672 | €2,351 | +€679 | +40.6% |
| Gross operating margin | 9900 | €192,256 | €148,490 | -€43,766 | -22.8% |
| Operating profit (loss) | 9901 | €164,190 | €118,319 | -€45,871 | -27.9% |
| Financial income | 75/76B | €15 | €95 | +€80 | +521% |
| Recurring financial income | 75 | €15 | €95 | +€80 | +521% |
| Financial charges | 65/66B | €4,563 | €3,655 | -€908 | -19.9% |
| Recurring financial charges | 65 | €4,563 | €3,655 | -€908 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €159,642 | €114,759 | -€44,883 | -28.1% |
| Income taxes | 67/77 | €34,907 | €27,260 | -€7,647 | -21.9% |
| Profit (loss) for the period | 9904 | €124,735 | €87,499 | -€37,236 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €124,735 | €87,499 | -€37,236 | -29.9% |
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 1 November 2026 via checked.be.