MC MOTIVE: 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.
MC MOTIVE
Largest movements
- Receivables within one year +€140,308
up €140,308 (+547%), from €25,667 to €165,975
of which Trade receivables: +€151,127
- Tangible fixed assets -€66,727
down €66,727 (-31.6%), from €210,853 to €144,126
of which Furniture and vehicles: -€70,723
- Cash +€28,594
up €28,594 (+98.4%), from €29,070 to €57,665
mainly Advances received (+€85,982) and Trade debts (+€73,556)
- Profit (loss) carried forward -€89,348
down €89,348 (-425%), from -€21,016 to -€110,364
- Advances received +€85,982
new in 2025: €85,982
- Trade debts +€73,556
up €73,556 (+80,716%), from €91 to €73,647
- Other debts +€51,369
up €51,369 (+134%), from €38,365 to €89,734
- Debts after one year -€24,179
down €24,179 (-15.7%), from €154,072 to €129,892
- Gross operating margin +€31,952
up €31,952 (+44.6%), from -€71,652 to -€39,700
- Depreciation +€9,999
up €9,999 (+45.2%), from €22,121 to €32,120
- Other operating charges +€5,276
up €5,276 (+134%), from €3,927 to €9,203
- Financial charges +€3,610
up €3,610 (+104%), from €3,467 to €7,077
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 | €292,699 | €397,371 | +€104,672 | +35.8% |
| Fixed assets | 21/28 | €210,853 | €144,126 | -€66,727 | -31.6% |
| Tangible fixed assets | 22/27 | €210,853 | €144,126 | -€66,727 | -31.6% |
| Furniture and vehicles | 24 | €210,853 | €140,130 | -€70,723 | -33.5% |
| Other tangible fixed assets | 26 | - | €3,996 | +€3,996 | |
| Current assets | 29/58 | €81,847 | €253,245 | +€171,399 | +209% |
| Amounts receivable within one year | 40/41 | €25,667 | €165,975 | +€140,308 | +547% |
| Trade receivables | 40 | €940 | €152,067 | +€151,127 | +16,077% |
| Other amounts receivable | 41 | €24,727 | €13,909 | -€10,819 | -43.8% |
| Current investments | 50/53 | €27,109 | €27,109 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €29,070 | €57,665 | +€28,594 | +98.4% |
| Deferred charges and accrued income | 490/1 | - | €2,496 | +€2,496 | |
| Total equity and liabilities | 10/49 | €292,699 | €397,371 | +€104,672 | +35.8% |
| Equity | 10/15 | €50,411 | -€38,937 | -€89,348 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Revaluation surpluses | 12 | €12,347 | €12,347 | = | 0.0% |
| Reserves | 13 | €44,080 | €44,080 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €36,580 | €36,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,016 | -€110,364 | -€89,348 | -425% |
| Amounts payable | 17/49 | €242,289 | €436,308 | +€194,019 | +80.1% |
| Amounts payable after more than one year | 17 | €154,072 | €129,892 | -€24,179 | -15.7% |
| Financial debts | 170/4 | €154,072 | €129,892 | -€24,179 | -15.7% |
| Amounts payable within one year | 42/48 | €88,217 | €306,416 | +€218,199 | +247% |
| Current portion of amounts payable after more than one year | 42 | €39,450 | €49,072 | +€9,622 | +24.4% |
| Financial debts | 43 | €4,765 | €4,980 | +€215 | +4.5% |
| Other loans | 439 | €4,765 | €4,980 | +€215 | +4.5% |
| Trade debts | 44 | €91 | €73,647 | +€73,556 | +80,716% |
| Suppliers | 440/4 | €91 | €73,647 | +€73,556 | +80,716% |
| Advances received on contracts in progress | 46 | - | €85,982 | +€85,982 | |
| Taxes, remuneration and social security | 45 | €5,545 | €3,000 | -€2,545 | -45.9% |
| Taxes | 450/3 | €5,545 | €3,000 | -€2,545 | -45.9% |
| Other amounts payable | 47/48 | €38,365 | €89,734 | +€51,369 | +134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,121 | €32,120 | +€9,999 | +45.2% |
| Other operating charges | 640/8 | €3,927 | €9,203 | +€5,276 | +134% |
| Non-recurring operating charges | 66A | €2,057 | €0 | -€2,057 | -100% |
| Gross operating margin | 9900 | -€71,652 | -€39,700 | +€31,952 | +44.6% |
| Operating profit (loss) | 9901 | -€99,758 | -€81,023 | +€18,735 | +18.8% |
| Financial income | 75/76B | €97 | €1 | -€96 | -99.1% |
| Recurring financial income | 75 | €97 | €1 | -€96 | -99.1% |
| Financial charges | 65/66B | €3,467 | €7,077 | +€3,610 | +104% |
| Recurring financial charges | 65 | €3,467 | €7,077 | +€3,610 | +104% |
| Profit (loss) for the period before taxes | 9903 | -€103,128 | -€88,100 | +€15,029 | +14.6% |
| Income taxes | 67/77 | €562 | €1,248 | +€685 | +122% |
| Profit (loss) for the period | 9904 | -€103,691 | -€89,348 | +€14,343 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€103,691 | -€89,348 | +€14,343 | +13.8% |
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 17 October 2026 via checked.be.