De Molen: 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.
De Molen
Largest movements
- Tangible fixed assets -€52,569
down €52,569 (-32.4%), from €162,439 to €109,870
of which Other tangible fixed assets: -€26,347
- Cash +€20,641
up €20,641 (+125%), from €16,515 to €37,156
mainly Depreciation (+€52,569) and Net result for the year (+€3,735)
- Receivables within one year +€13,202
up €13,202 (+3,368%), from €392 to €13,594
of which Other amounts receivable: +€13,180
- Stocks and contracts +€2,225
up €2,225 (+11.4%), from €19,500 to €21,725
- Trade debts -€14,383
no longer reported in 2025 (was €14,383)
- Other debts -€7,736
down €7,736 (-96.8%), from €7,995 to €259
- Profit (loss) carried forward +€3,735
up €3,735 (+8.8%), from -€42,516 to -€38,781
- Gross operating margin -€24,427
down €24,427 (-17.5%), from €139,283 to €114,856
- Other operating charges -€9,009
down €9,009 (-49.2%), from €18,315 to €9,306
- Staff costs -€7,323
down €7,323 (-15.8%), from €46,411 to €39,088
- Financial charges +€5,482
up €5,482 (+156%), from €3,514 to €8,996
- Depreciation +€3,698
up €3,698 (+7.6%), from €48,871 to €52,569
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 | €200,248 | €183,747 | -€16,501 | -8.2% |
| Fixed assets | 21/28 | €163,841 | €111,272 | -€52,569 | -32.1% |
| Tangible fixed assets | 22/27 | €162,439 | €109,870 | -€52,569 | -32.4% |
| Plant, machinery and equipment | 23 | €58,520 | €37,901 | -€20,619 | -35.2% |
| Furniture and vehicles | 24 | €27,097 | €21,494 | -€5,603 | -20.7% |
| Other tangible fixed assets | 26 | €76,822 | €50,475 | -€26,347 | -34.3% |
| Financial fixed assets | 28 | €1,402 | €1,402 | = | 0.0% |
| Current assets | 29/58 | €36,407 | €72,475 | +€36,068 | +99.1% |
| Stocks and contracts in progress | 3 | €19,500 | €21,725 | +€2,225 | +11.4% |
| Stocks | 30/36 | €19,500 | €21,725 | +€2,225 | +11.4% |
| Amounts receivable within one year | 40/41 | €392 | €13,594 | +€13,202 | +3,368% |
| Trade receivables | 40 | €323 | €345 | +€22 | +6.8% |
| Other amounts receivable | 41 | €69 | €13,249 | +€13,180 | +19,101% |
| Cash at bank and in hand | 54/58 | €16,515 | €37,156 | +€20,641 | +125% |
| Total equity and liabilities | 10/49 | €200,248 | €183,747 | -€16,501 | -8.2% |
| Equity | 10/15 | €126,895 | €130,630 | +€3,735 | +2.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €150,819 | €150,819 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Other | 1319 | €620 | €620 | = | 0.0% |
| Tax-exempt reserves | 132 | €81,433 | €81,433 | = | 0.0% |
| Distributable reserves | 133 | €68,766 | €68,766 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,516 | -€38,781 | +€3,735 | +8.8% |
| Provisions and deferred taxes | 16 | €41,437 | €41,437 | = | 0.0% |
| Deferred taxes | 168 | €41,437 | €41,437 | = | 0.0% |
| Amounts payable | 17/49 | €31,916 | €11,680 | -€20,236 | -63.4% |
| Amounts payable within one year | 42/48 | €31,916 | €11,680 | -€20,236 | -63.4% |
| Trade debts | 44 | €14,383 | - | -€14,383 | |
| Suppliers | 440/4 | €14,383 | - | -€14,383 | |
| Taxes, remuneration and social security | 45 | €9,538 | €11,421 | +€1,883 | +19.7% |
| Taxes | 450/3 | €8,225 | €7,744 | -€481 | -5.8% |
| Remuneration and social security | 454/9 | €1,313 | €3,677 | +€2,364 | +180% |
| Other amounts payable | 47/48 | €7,995 | €259 | -€7,736 | -96.8% |
| Remuneration, social security and pensions | 62 | €46,411 | €39,088 | -€7,323 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,871 | €52,569 | +€3,698 | +7.6% |
| Other operating charges | 640/8 | €18,315 | €9,306 | -€9,009 | -49.2% |
| Gross operating margin | 9900 | €139,283 | €114,856 | -€24,427 | -17.5% |
| Operating profit (loss) | 9901 | €25,686 | €13,893 | -€11,793 | -45.9% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €3,514 | €8,996 | +€5,482 | +156% |
| Recurring financial charges | 65 | €3,514 | €8,996 | +€5,482 | +156% |
| Profit (loss) for the period before taxes | 9903 | €22,177 | €4,897 | -€17,280 | -77.9% |
| Income taxes | 67/77 | €741 | €1,162 | +€421 | +56.8% |
| Profit (loss) for the period | 9904 | €21,436 | €3,735 | -€17,701 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,436 | €3,735 | -€17,701 | -82.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.