De MOTE: 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 MOTE
Largest movements
- Cash -€19,628
down €19,628 (-91.1%), from €21,535 to €1,907
mainly Investment in fixed assets (net) (-€17,193) and Debts after one year (-€15,330)
- Tangible fixed assets -€17,107
down €17,107 (-23.6%), from €72,611 to €55,504
of which Plant, machinery and equipment: -€16,873
- Stocks and contracts -€1,020
down €1,020 (-40.8%), from €2,501 to €1,481
- Debts after one year -€15,330
no longer reported in 2025 (was €15,330)
- Short-term financial debts +€15,330
new in 2025: €15,330
- Profit (loss) carried forward -€14,750
down €14,750 (-80.4%), from -€18,353 to -€33,103
- Current portion of long-term debt -€11,498
no longer reported in 2025 (was €11,498)
- Other debts -€7,631
down €7,631 (-32.9%), from €23,198 to €15,567
- Depreciation +€13,523
up €13,523 (+65.1%), from €20,776 to €34,300
- Other operating charges -€2,115
down €2,115 (-37.8%), from €5,596 to €3,481
- Gross operating margin +€1,546
up €1,546 (+7.1%), from €21,635 to €23,181
- Financial income -€781
down €781 (-94.7%), from €824 to €43
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 | €100,411 | €61,515 | -€38,895 | -38.7% |
| Fixed assets | 21/28 | €72,960 | €55,853 | -€17,107 | -23.4% |
| Tangible fixed assets | 22/27 | €72,611 | €55,504 | -€17,107 | -23.6% |
| Plant, machinery and equipment | 23 | €58,175 | €41,302 | -€16,873 | -29.0% |
| Furniture and vehicles | 24 | €467 | €234 | -€234 | -50.0% |
| Other tangible fixed assets | 26 | €13,968 | €13,968 | = | 0.0% |
| Financial fixed assets | 28 | €349 | €349 | = | 0.0% |
| Current assets | 29/58 | €27,451 | €5,662 | -€21,789 | -79.4% |
| Stocks and contracts in progress | 3 | €2,501 | €1,481 | -€1,020 | -40.8% |
| Stocks | 30/36 | €2,501 | €1,481 | -€1,020 | -40.8% |
| Amounts receivable within one year | 40/41 | €672 | €271 | -€401 | -59.7% |
| Trade receivables | 40 | €672 | €271 | -€401 | -59.7% |
| Cash at bank and in hand | 54/58 | €21,535 | €1,907 | -€19,628 | -91.1% |
| Deferred charges and accrued income | 490/1 | €2,743 | €2,003 | -€740 | -27.0% |
| Total equity and liabilities | 10/49 | €100,411 | €61,515 | -€38,895 | -38.7% |
| Equity | 10/15 | €41,131 | €26,381 | -€14,750 | -35.9% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €34,695 | €34,695 | = | 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 | €32,216 | €32,216 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,353 | -€33,103 | -€14,750 | -80.4% |
| Amounts payable | 17/49 | €59,279 | €35,134 | -€24,146 | -40.7% |
| Amounts payable after more than one year | 17 | €15,330 | - | -€15,330 | |
| Financial debts | 170/4 | €15,330 | - | -€15,330 | |
| Amounts payable within one year | 42/48 | €43,949 | €35,134 | -€8,816 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €11,498 | - | -€11,498 | |
| Financial debts | 43 | - | €15,330 | +€15,330 | |
| Other loans | 439 | - | €15,330 | +€15,330 | |
| Trade debts | 44 | €7,575 | €3,811 | -€3,764 | -49.7% |
| Suppliers | 440/4 | €7,575 | €3,811 | -€3,764 | -49.7% |
| Taxes, remuneration and social security | 45 | €1,680 | €426 | -€1,253 | -74.6% |
| Taxes | 450/3 | €1,680 | €426 | -€1,253 | -74.6% |
| Other amounts payable | 47/48 | €23,198 | €15,567 | -€7,631 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,776 | €34,300 | +€13,523 | +65.1% |
| Other operating charges | 640/8 | €5,596 | €3,481 | -€2,115 | -37.8% |
| Gross operating margin | 9900 | €21,635 | €23,181 | +€1,546 | +7.1% |
| Operating profit (loss) | 9901 | -€4,737 | -€14,600 | -€9,863 | -208% |
| Financial income | 75/76B | €824 | €43 | -€781 | -94.7% |
| Recurring financial income | 75 | €824 | €43 | -€781 | -94.7% |
| Financial charges | 65/66B | €63 | €79 | +€16 | +25.9% |
| Recurring financial charges | 65 | €63 | €79 | +€16 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,976 | -€14,636 | -€10,660 | -268% |
| Income taxes | 67/77 | €127 | €114 | -€13 | -10.3% |
| Profit (loss) for the period | 9904 | -€4,103 | -€14,750 | -€10,647 | -259% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,103 | -€14,750 | -€10,647 | -259% |
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 16 October 2026 via checked.be.