FELIX MOTUS: 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.
FELIX MOTUS
Largest movements
- Intangible fixed assets -€84,367
down €84,367 (-17.8%), from €473,928 to €389,562
- Receivables within one year -€43,169
down €43,169 (-61.2%), from €70,577 to €27,408
- Cash -€27,416
down €27,416 (-22.6%), from €121,507 to €94,091
mainly Contributions, distributions and other (-€590,635) and Debts after one year (-€122,302)
- Tangible fixed assets -€17,620
down €17,620 (-11.7%), from €150,137 to €132,517
of which Other tangible fixed assets: -€14,230
- Profit (loss) carried forward -€289,792
down €289,792 (-100%), from €289,792 to €0
- Tax, wage and social debts +€149,398
new in 2025: €149,398
- Debts after one year -€122,302
down €122,302 (-57.0%), from €214,556 to €92,254
- Other debts +€116,267
up €116,267 (+35.0%), from €332,524 to €448,790
- Accrued charges and deferred income -€24,420
down €24,420 (-100%), from €24,420 to €0
- Gross operating margin +€21,752
up €21,752 (+4.4%), from €494,607 to €516,359
- Depreciation -€15,630
down €15,630 (-12.6%), from €123,680 to €108,050
- Taxes +€13,897
up €13,897 (+15.4%), from €90,255 to €104,153
- Financial income -€7,066
down €7,066 (-99.7%), from €7,088 to €22
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 | €993,102 | €824,438 | -€168,664 | -17.0% |
| Fixed assets | 21/28 | €624,065 | €522,079 | -€101,986 | -16.3% |
| Intangible fixed assets | 21 | €473,928 | €389,562 | -€84,367 | -17.8% |
| Tangible fixed assets | 22/27 | €150,137 | €132,517 | -€17,620 | -11.7% |
| Plant, machinery and equipment | 23 | €27,131 | €22,972 | -€4,158 | -15.3% |
| Furniture and vehicles | 24 | €15,276 | €16,044 | +€768 | +5.0% |
| Other tangible fixed assets | 26 | €107,730 | €93,501 | -€14,230 | -13.2% |
| Current assets | 29/58 | €369,036 | €302,359 | -€66,677 | -18.1% |
| Amounts receivable within one year | 40/41 | €70,577 | €27,408 | -€43,169 | -61.2% |
| Other amounts receivable | 41 | €70,577 | €27,408 | -€43,169 | -61.2% |
| Cash at bank and in hand | 54/58 | €121,507 | €94,091 | -€27,416 | -22.6% |
| Deferred charges and accrued income | 490/1 | €176,952 | €180,860 | +€3,908 | +2.2% |
| Total equity and liabilities | 10/49 | €993,102 | €824,438 | -€168,664 | -17.0% |
| Equity | 10/15 | €295,792 | €6,000 | -€289,792 | -98.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €289,792 | €0 | -€289,792 | -100% |
| Amounts payable | 17/49 | €697,310 | €818,438 | +€121,128 | +17.4% |
| Amounts payable after more than one year | 17 | €214,556 | €92,254 | -€122,302 | -57.0% |
| Financial debts | 170/4 | €214,556 | €92,254 | -€122,302 | -57.0% |
| Amounts payable within one year | 42/48 | €458,334 | €726,184 | +€267,850 | +58.4% |
| Current portion of amounts payable after more than one year | 42 | €121,507 | €122,303 | +€796 | +0.7% |
| Trade debts | 44 | €4,303 | €5,693 | +€1,389 | +32.3% |
| Suppliers | 440/4 | €4,303 | €5,693 | +€1,389 | +32.3% |
| Taxes, remuneration and social security | 45 | - | €149,398 | +€149,398 | |
| Taxes | 450/3 | - | €149,398 | +€149,398 | |
| Other amounts payable | 47/48 | €332,524 | €448,790 | +€116,267 | +35.0% |
| Accrued charges and deferred income | 492/3 | €24,420 | €0 | -€24,420 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,680 | €108,050 | -€15,630 | -12.6% |
| Other operating charges | 640/8 | €1,258 | €1,293 | +€35 | +2.7% |
| Gross operating margin | 9900 | €494,607 | €516,359 | +€21,752 | +4.4% |
| Operating profit (loss) | 9901 | €369,669 | €407,016 | +€37,347 | +10.1% |
| Financial income | 75/76B | €7,088 | €22 | -€7,066 | -99.7% |
| Recurring financial income | 75 | €7,088 | €22 | -€7,066 | -99.7% |
| Financial charges | 65/66B | €3,791 | €2,042 | -€1,750 | -46.2% |
| Recurring financial charges | 65 | €3,791 | €2,042 | -€1,750 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | €372,965 | €404,996 | +€32,031 | +8.6% |
| Income taxes | 67/77 | €90,255 | €104,153 | +€13,897 | +15.4% |
| Profit (loss) for the period | 9904 | €282,710 | €300,844 | +€18,134 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €282,710 | €300,844 | +€18,134 | +6.4% |
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 28 October 2026 via checked.be.