DE MOT: 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 MOT
Largest movements
- Current investments +€130,000
up €130,000 (+1921.9%), from €6,764 to €136,764
- Receivables within one year -€41,502
down €41,502 (-47.6%), from €87,210 to €45,708
of which Trade receivables: -€48,232
- Cash -€39,619
down €39,619 (-53.0%), from €74,749 to €35,130
mainly Current investments (-€130,000) and Investment in fixed assets (net) (-€18,444)
- Tangible fixed assets -€9,651
down €9,651 (-8.3%), from €116,442 to €106,791
of which Furniture and vehicles: -€15,922
- Deferred charges and accrued income -€5,024
down €5,024 (-47.4%), from €10,591 to €5,567
- Profit (loss) carried forward +€53,152
up €53,152 (+133.3%), from €39,881 to €93,033
- Debts after one year -€9,926
down €9,926 (-30.3%), from €32,712 to €22,786
- Tax, wage and social debts -€8,527
down €8,527 (-62.3%), from €13,680 to €5,153
of which Taxes: -€4,512
- Gross operating margin +€55,200
up €55,200 (+73.2%), from €75,403 to €130,603
- Staff costs -€14,874
down €14,874 (-40.8%), from €36,460 to €21,586
- Taxes +€12,432
up €12,432 (+456.9%), from €2,721 to €15,153
- Other operating charges +€8,957
up €8,957 (+331.4%), from €2,703 to €11,660
- Depreciation +€3,004
up €3,004 (+12.0%), from €25,092 to €28,095
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.
Cash bridge derived
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 | €295,756 | €329,960 | +€34,204 | +11.6% |
| Fixed assets | 21/28 | €116,442 | €106,791 | -€9,651 | -8.3% |
| Tangible fixed assets | 22/27 | €116,442 | €106,791 | -€9,651 | -8.3% |
| Plant, machinery and equipment | 23 | €50,477 | €56,748 | +€6,271 | +12.4% |
| Furniture and vehicles | 24 | €65,966 | €50,043 | -€15,922 | -24.1% |
| Current assets | 29/58 | €179,314 | €223,170 | +€43,855 | +24.5% |
| Amounts receivable within one year | 40/41 | €87,210 | €45,708 | -€41,502 | -47.6% |
| Trade receivables | 40 | €85,640 | €37,408 | -€48,232 | -56.3% |
| Other amounts receivable | 41 | €1,570 | €8,300 | +€6,730 | +428.8% |
| Current investments | 50/53 | €6,764 | €136,764 | +€130,000 | +1921.9% |
| Cash at bank and in hand | 54/58 | €74,749 | €35,130 | -€39,619 | -53.0% |
| Deferred charges and accrued income | 490/1 | €10,591 | €5,567 | -€5,024 | -47.4% |
| Total equity and liabilities | 10/49 | €295,756 | €329,960 | +€34,204 | +11.6% |
| Equity | 10/15 | €224,240 | €277,393 | +€53,152 | +23.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €109,359 | €109,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,881 | €93,033 | +€53,152 | +133.3% |
| Amounts payable | 17/49 | €71,516 | €52,568 | -€18,948 | -26.5% |
| Amounts payable after more than one year | 17 | €32,712 | €22,786 | -€9,926 | -30.3% |
| Financial debts | 170/4 | €32,712 | €22,786 | -€9,926 | -30.3% |
| Amounts payable within one year | 42/48 | €38,804 | €29,782 | -€9,022 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €9,572 | €9,926 | +€354 | +3.7% |
| Trade debts | 44 | €14,446 | €11,197 | -€3,248 | -22.5% |
| Suppliers | 440/4 | €14,446 | €11,197 | -€3,248 | -22.5% |
| Taxes, remuneration and social security | 45 | €13,680 | €5,153 | -€8,527 | -62.3% |
| Taxes | 450/3 | €9,665 | €5,153 | -€4,512 | -46.7% |
| Remuneration and social security | 454/9 | €4,015 | - | -€4,015 | |
| Other amounts payable | 47/48 | €1,106 | €3,505 | +€2,400 | +217.1% |
| Remuneration, social security and pensions | 62 | €36,460 | €21,586 | -€14,874 | -40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,092 | €28,095 | +€3,004 | +12.0% |
| Other operating charges | 640/8 | €2,703 | €11,660 | +€8,957 | +331.4% |
| Gross operating margin | 9900 | €75,403 | €130,603 | +€55,200 | +73.2% |
| Operating profit (loss) | 9901 | €11,148 | €69,262 | +€58,114 | +521.3% |
| Financial income | 75/76B | €1,534 | €1,336 | -€199 | -13.0% |
| Recurring financial income | 75 | €1,534 | €1,336 | -€199 | -13.0% |
| Financial charges | 65/66B | €2,171 | €2,292 | +€122 | +5.6% |
| Recurring financial charges | 65 | €2,171 | €2,292 | +€122 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €10,512 | €68,305 | +€57,793 | +549.8% |
| Income taxes | 67/77 | €2,721 | €15,153 | +€12,432 | +456.9% |
| Profit (loss) for the period | 9904 | €7,791 | €53,152 | +€45,361 | +582.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,791 | €53,152 | +€45,361 | +582.2% |
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 9 October 2026 via checked.be.