MOBILOGLASS 2: what changed
MOBILOGLASS 2
Largest movements
- Tangible fixed assets +€349,376
up €349,376 (+416%), from €83,985 to €433,361
of which Assets under construction and advance payments: +€272,420
- Cash -€68,484
down €68,484 (-34.9%), from €196,030 to €127,546
mainly Investment in fixed assets (net) (-€399,471) and Contributions, distributions and other (-€163,000)
- Receivables within one year -€49,971
down €49,971 (-39.0%), from €128,204 to €78,234
of which Trade receivables: -€50,618
- Debts after one year +€196,291
new in 2025: €196,291
- Other debts +€38,451
up €38,451 (+12.9%), from €297,500 to €335,951
- Trade debts -€22,509
down €22,509 (-70.6%), from €31,902 to €9,393
- Current portion of long-term debt +€18,542
new in 2025: €18,542
- Staff costs +€41,354
up €41,354 (+28.6%), from €144,452 to €185,806
- Gross operating margin +€37,868
up €37,868 (+9.2%), from €411,814 to €449,683
- Depreciation +€17,182
up €17,182 (+52.2%), from €32,913 to €50,095
- Taxes -€15,840
down €15,840 (-27.1%), from €58,501 to €42,661
- Financial charges +€9,352
up €9,352 (+381%), from €2,456 to €11,808
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,695 | €652,475 | +€227,781 | +53.6% |
| Fixed assets | 21/28 | €85,535 | €434,911 | +€349,376 | +408% |
| Tangible fixed assets | 22/27 | €83,985 | €433,361 | +€349,376 | +416% |
| Land and buildings | 22 | - | €76,867 | +€76,867 | |
| Plant, machinery and equipment | 23 | €3,091 | €3,832 | +€741 | +24.0% |
| Furniture and vehicles | 24 | €54,036 | €57,867 | +€3,831 | +7.1% |
| Other tangible fixed assets | 26 | €26,858 | €22,375 | -€4,483 | -16.7% |
| Assets under construction and advance payments | 27 | - | €272,420 | +€272,420 | |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €339,160 | €217,564 | -€121,596 | -35.9% |
| Stocks and contracts in progress | 3 | €14,926 | €11,784 | -€3,141 | -21.0% |
| Stocks | 30/36 | €14,926 | €11,784 | -€3,141 | -21.0% |
| Amounts receivable within one year | 40/41 | €128,204 | €78,234 | -€49,971 | -39.0% |
| Trade receivables | 40 | €128,120 | €77,502 | -€50,618 | -39.5% |
| Other amounts receivable | 41 | €85 | €732 | +€648 | +765% |
| Cash at bank and in hand | 54/58 | €196,030 | €127,546 | -€68,484 | -34.9% |
| Total equity and liabilities | 10/49 | €424,695 | €652,475 | +€227,781 | +53.6% |
| Equity | 10/15 | €20,066 | €15,369 | -€4,697 | -23.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,066 | €5,369 | -€4,697 | -46.7% |
| Amounts payable | 17/49 | €404,628 | €637,106 | +€232,477 | +57.5% |
| Amounts payable after more than one year | 17 | - | €196,291 | +€196,291 | |
| Financial debts | 170/4 | - | €196,291 | +€196,291 | |
| Amounts payable within one year | 42/48 | €404,628 | €440,814 | +€36,186 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | - | €18,542 | +€18,542 | |
| Trade debts | 44 | €31,902 | €9,393 | -€22,509 | -70.6% |
| Suppliers | 440/4 | €31,902 | €9,393 | -€22,509 | -70.6% |
| Taxes, remuneration and social security | 45 | €75,226 | €76,929 | +€1,702 | +2.3% |
| Taxes | 450/3 | €56,440 | €49,517 | -€6,923 | -12.3% |
| Remuneration and social security | 454/9 | €18,786 | €27,411 | +€8,625 | +45.9% |
| Other amounts payable | 47/48 | €297,500 | €335,951 | +€38,451 | +12.9% |
| Non-recurring operating income | 76A | €576 | €460 | -€115 | -20.1% |
| Remuneration, social security and pensions | 62 | €144,452 | €185,806 | +€41,354 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,913 | €50,095 | +€17,182 | +52.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,521 | €2,432 | +€911 | +59.9% |
| Gross operating margin | 9900 | €411,814 | €449,683 | +€37,868 | +9.2% |
| Operating profit (loss) | 9901 | €232,929 | €211,350 | -€21,579 | -9.3% |
| Financial income | 75/76B | €3,273 | €1,422 | -€1,851 | -56.5% |
| Recurring financial income | 75 | €3,273 | €1,422 | -€1,851 | -56.5% |
| Financial charges | 65/66B | €2,456 | €11,808 | +€9,352 | +381% |
| Recurring financial charges | 65 | €2,456 | €11,808 | +€9,352 | +381% |
| Profit (loss) for the period before taxes | 9903 | €233,746 | €200,964 | -€32,782 | -14.0% |
| Income taxes | 67/77 | €58,501 | €42,661 | -€15,840 | -27.1% |
| Profit (loss) for the period | 9904 | €175,245 | €158,303 | -€16,942 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €175,245 | €158,303 | -€16,942 | -9.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.