MORELIVE: what changed
MORELIVE
Largest movements
- Tangible fixed assets +€25,701
up €25,701 (+118%), from €21,802 to €47,503
of which Furniture and vehicles: +€25,065
- Cash +€17,823
up €17,823 (+33.9%), from €52,553 to €70,376
mainly Other debts (+€18,504) and Trade debts (+€13,970)
- Stocks and contracts +€2,403
new in 2025: €2,403
- Receivables within one year -€1,572
down €1,572 (-26.7%), from €5,896 to €4,324
of which Trade receivables: -€2,539
- Other debts +€18,504
up €18,504 (+124%), from €14,930 to €33,434
- Trade debts +€13,970
up €13,970 (+181%), from €7,736 to €21,706
- Reserves +€11,240
up €11,240 (+22.9%), from €49,074 to €60,314
- Gross operating margin +€7,052
up €7,052 (+25.5%), from €27,691 to €34,743
- Depreciation +€3,128
up €3,128 (+35.3%), from €8,854 to €11,982
- Other operating charges +€381
up €381 (+8.5%), from €4,457 to €4,837
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 | €80,853 | €125,276 | +€44,423 | +54.9% |
| Fixed assets | 21/28 | €21,802 | €47,503 | +€25,701 | +118% |
| Tangible fixed assets | 22/27 | €21,802 | €47,503 | +€25,701 | +118% |
| Land and buildings | 22 | - | €3,130 | +€3,130 | |
| Plant, machinery and equipment | 23 | €8,681 | €6,187 | -€2,495 | -28.7% |
| Furniture and vehicles | 24 | €13,121 | €38,186 | +€25,065 | +191% |
| Current assets | 29/58 | €59,051 | €77,774 | +€18,723 | +31.7% |
| Stocks and contracts in progress | 3 | - | €2,403 | +€2,403 | |
| Contracts in progress | 37 | - | €2,403 | +€2,403 | |
| Amounts receivable within one year | 40/41 | €5,896 | €4,324 | -€1,572 | -26.7% |
| Trade receivables | 40 | €3,239 | €700 | -€2,539 | -78.4% |
| Other amounts receivable | 41 | €2,658 | €3,624 | +€967 | +36.4% |
| Cash at bank and in hand | 54/58 | €52,553 | €70,376 | +€17,823 | +33.9% |
| Deferred charges and accrued income | 490/1 | €602 | €671 | +€69 | +11.5% |
| Total equity and liabilities | 10/49 | €80,853 | €125,276 | +€44,423 | +54.9% |
| Equity | 10/15 | €52,074 | €63,314 | +€11,240 | +21.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €49,074 | €60,314 | +€11,240 | +22.9% |
| Distributable reserves | 133 | €49,074 | €60,314 | +€11,240 | +22.9% |
| Amounts payable | 17/49 | €28,779 | €61,963 | +€33,184 | +115% |
| Amounts payable within one year | 42/48 | €28,779 | €61,963 | +€33,184 | +115% |
| Trade debts | 44 | €7,736 | €21,706 | +€13,970 | +181% |
| Suppliers | 440/4 | €7,736 | €21,706 | +€13,970 | +181% |
| Taxes, remuneration and social security | 45 | €6,113 | €6,823 | +€710 | +11.6% |
| Taxes | 450/3 | €6,113 | €6,823 | +€710 | +11.6% |
| Other amounts payable | 47/48 | €14,930 | €33,434 | +€18,504 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,854 | €11,982 | +€3,128 | +35.3% |
| Other operating charges | 640/8 | €4,457 | €4,837 | +€381 | +8.5% |
| Gross operating margin | 9900 | €27,691 | €34,743 | +€7,052 | +25.5% |
| Operating profit (loss) | 9901 | €14,380 | €17,923 | +€3,543 | +24.6% |
| Financial income | 75/76B | €325 | €325 | +€0 | +0.1% |
| Recurring financial income | 75 | €325 | €325 | +€0 | +0.1% |
| Financial charges | 65/66B | €145 | €148 | +€3 | +1.9% |
| Recurring financial charges | 65 | €145 | €148 | +€3 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €14,559 | €18,100 | +€3,541 | +24.3% |
| Income taxes | 67/77 | €6,831 | €6,861 | +€30 | +0.4% |
| Profit (loss) for the period | 9904 | €7,729 | €11,240 | +€3,511 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,729 | €11,240 | +€3,511 | +45.4% |
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 2 November 2026 via checked.be.