MD Motion: what changed
Two fiscal 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.
MD Motion
Largest movements
- Receivables within one year -€30,542
down €30,542 (-31.3%), from €97,492 to €66,949
of which Trade receivables: -€35,714
- Tangible fixed assets -€7,463
no longer reported in 2025 (was €7,463)
- Stocks and contracts -€5,900
down €5,900 (-17.9%), from €32,951 to €27,051
- Trade debts -€19,656
down €19,656 (-47.2%), from €41,610 to €21,953
- Profit (loss) carried forward -€17,475
down €17,475 (-52.4%), from €33,348 to €15,873
- Other debts -€3,947
down €3,947 (-9.4%), from €42,093 to €38,147
- Tax, wage and social debts -€2,850
down €2,850 (-23.7%), from €12,039 to €9,189
of which Taxes: -€5,962
- Gross operating margin -€42,455
down €42,455, from €31,188 to -€11,267
- Taxes -€5,763
down €5,763 (-99.8%), from €5,774 to €11
- Staff costs +€4,105
new in 2025: €4,105
- Depreciation -€1,930
no longer reported in 2025 (was €1,930)
- Other operating charges -€1,590
down €1,590 (-48.9%), from €3,249 to €1,659
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 | €139,090 | €95,162 | -€43,927 | -31.6% |
| Fixed assets | 21/28 | €7,463 | - | -€7,463 | |
| Tangible fixed assets | 22/27 | €7,463 | - | -€7,463 | |
| Furniture and vehicles | 24 | €7,463 | - | -€7,463 | |
| Current assets | 29/58 | €131,627 | €95,162 | -€36,465 | -27.7% |
| Stocks and contracts in progress | 3 | €32,951 | €27,051 | -€5,900 | -17.9% |
| Stocks | 30/36 | €32,951 | €27,051 | -€5,900 | -17.9% |
| Amounts receivable within one year | 40/41 | €97,492 | €66,949 | -€30,542 | -31.3% |
| Trade receivables | 40 | €97,492 | €61,778 | -€35,714 | -36.6% |
| Other amounts receivable | 41 | - | €5,171 | +€5,171 | |
| Cash at bank and in hand | 54/58 | €914 | €613 | -€301 | -32.9% |
| Deferred charges and accrued income | 490/1 | €270 | €549 | +€278 | +102.9% |
| Total equity and liabilities | 10/49 | €139,090 | €95,162 | -€43,927 | -31.6% |
| Equity | 10/15 | €43,348 | €25,873 | -€17,475 | -40.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,348 | €15,873 | -€17,475 | -52.4% |
| Amounts payable | 17/49 | €95,742 | €69,289 | -€26,452 | -27.6% |
| Amounts payable within one year | 42/48 | €95,742 | €69,289 | -€26,452 | -27.6% |
| Trade debts | 44 | €41,610 | €21,953 | -€19,656 | -47.2% |
| Suppliers | 440/4 | €41,610 | €21,953 | -€19,656 | -47.2% |
| Taxes, remuneration and social security | 45 | €12,039 | €9,189 | -€2,850 | -23.7% |
| Taxes | 450/3 | €12,039 | €6,076 | -€5,962 | -49.5% |
| Remuneration and social security | 454/9 | - | €3,113 | +€3,113 | |
| Other amounts payable | 47/48 | €42,093 | €38,147 | -€3,947 | -9.4% |
| Remuneration, social security and pensions | 62 | - | €4,105 | +€4,105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,930 | - | -€1,930 | |
| Other operating charges | 640/8 | €3,249 | €1,659 | -€1,590 | -48.9% |
| Gross operating margin | 9900 | €31,188 | -€11,267 | -€42,455 | |
| Operating profit (loss) | 9901 | €26,009 | -€17,031 | -€43,040 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €340 | €434 | +€94 | +27.7% |
| Recurring financial charges | 65 | €340 | €434 | +€94 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €25,669 | -€17,464 | -€43,133 | |
| Income taxes | 67/77 | €5,774 | €11 | -€5,763 | -99.8% |
| Profit (loss) for the period | 9904 | €19,895 | -€17,475 | -€37,370 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,895 | -€17,475 | -€37,370 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.