Managers in Motion: 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.
Managers in Motion
Largest movements
- Receivables within one year -€65,642
down €65,642 (-74.5%), from €88,116 to €22,474
of which Other amounts receivable: -€65,962
- Cash +€26,218
up €26,218 (+63.3%), from €41,415 to €67,633
mainly Net result for the year (+€69,753) and Receivables within one year (+€65,642)
- Tangible fixed assets +€14,738
up €14,738 (+64.6%), from €22,803 to €37,541
of which Other tangible fixed assets: +€16,587
- Reserves -€58,336
down €58,336 (-19.3%), from €302,230 to €243,894
of which Distributable reserves: -€58,336
- Other debts +€27,914
new in 2025: €27,914
- Trade debts +€3,693
up €3,693 (+203%), from €1,815 to €5,508
- Gross operating margin -€40,859
down €40,859 (-28.1%), from €145,212 to €104,354
- Taxes -€15,289
down €15,289 (-35.1%), from €43,583 to €28,294
- Financial income -€4,139
down €4,139 (-67.2%), from €6,155 to €2,016
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 | €311,914 | €286,477 | -€25,437 | -8.2% |
| Fixed assets | 21/28 | €22,803 | €37,541 | +€14,738 | +64.6% |
| Tangible fixed assets | 22/27 | €22,803 | €37,541 | +€14,738 | +64.6% |
| Plant, machinery and equipment | 23 | €7,954 | €5,772 | -€2,182 | -27.4% |
| Furniture and vehicles | 24 | €4,198 | €4,531 | +€334 | +8.0% |
| Other tangible fixed assets | 26 | €10,651 | €27,238 | +€16,587 | +156% |
| Current assets | 29/58 | €289,111 | €248,935 | -€40,176 | -13.9% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €88,116 | €22,474 | -€65,642 | -74.5% |
| Trade receivables | 40 | €18,954 | €19,274 | +€320 | +1.7% |
| Other amounts receivable | 41 | €69,162 | €3,200 | -€65,962 | -95.4% |
| Cash at bank and in hand | 54/58 | €41,415 | €67,633 | +€26,218 | +63.3% |
| Deferred charges and accrued income | 490/1 | €9,580 | €8,829 | -€751 | -7.8% |
| Total equity and liabilities | 10/49 | €311,914 | €286,477 | -€25,437 | -8.2% |
| Equity | 10/15 | €302,231 | €243,895 | -€58,336 | -19.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €302,230 | €243,894 | -€58,336 | -19.3% |
| Tax-exempt reserves | 132 | €603 | €603 | = | 0.0% |
| Distributable reserves | 133 | €301,627 | €243,291 | -€58,336 | -19.3% |
| Amounts payable | 17/49 | €9,682 | €42,582 | +€32,899 | +340% |
| Amounts payable within one year | 42/48 | €9,682 | €42,582 | +€32,899 | +340% |
| Trade debts | 44 | €1,815 | €5,508 | +€3,693 | +203% |
| Suppliers | 440/4 | €1,815 | €5,508 | +€3,693 | +203% |
| Taxes, remuneration and social security | 45 | €7,868 | €9,160 | +€1,292 | +16.4% |
| Taxes | 450/3 | €7,868 | €9,160 | +€1,292 | +16.4% |
| Other amounts payable | 47/48 | - | €27,914 | +€27,914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,341 | €7,012 | -€329 | -4.5% |
| Other operating charges | 640/8 | €1,443 | €956 | -€487 | -33.7% |
| Non-recurring operating charges | 66A | €1,283 | €218 | -€1,065 | -83.0% |
| Gross operating margin | 9900 | €145,212 | €104,354 | -€40,859 | -28.1% |
| Operating profit (loss) | 9901 | €135,145 | €96,168 | -€38,978 | -28.8% |
| Financial income | 75/76B | €6,155 | €2,016 | -€4,139 | -67.2% |
| Recurring financial income | 75 | €6,155 | €2,016 | -€4,139 | -67.2% |
| Financial charges | 65/66B | €357 | €136 | -€221 | -61.9% |
| Recurring financial charges | 65 | €357 | €136 | -€221 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €140,944 | €98,047 | -€42,896 | -30.4% |
| Income taxes | 67/77 | €43,583 | €28,294 | -€15,289 | -35.1% |
| Profit (loss) for the period | 9904 | €97,361 | €69,753 | -€27,608 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €97,361 | €69,753 | -€27,608 | -28.4% |
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 25 October 2026 via checked.be.