MOD-ELLE: 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.
MOD-ELLE
Largest movements
- Receivables within one year -€26,150
down €26,150 (-2.7%), from €970,243 to €944,093
of which Other amounts receivable: -€26,150
- Tax, wage and social debts -€42,353
down €42,353 (-95.6%), from €44,305 to €1,952
- Reserves +€19,518
up €19,518 (+4.0%), from €487,332 to €506,850
of which Distributable reserves: +€19,518
- Taxes -€33,242
down €33,242, from €4,766 to -€28,476
- Gross operating margin -€2,954
down €2,954 (-84.2%), from -€3,510 to -€6,464
- Other operating charges -€2,285
down €2,285 (-61.4%), from €3,724 to €1,439
- Financial charges +€1,023
up €1,023 (+3126.0%), from €33 to €1,056
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 | €975,708 | €944,199 | -€31,509 | -3.2% |
| Current assets | 29/58 | €975,708 | €944,199 | -€31,509 | -3.2% |
| Amounts receivable within one year | 40/41 | €970,243 | €944,093 | -€26,150 | -2.7% |
| Trade receivables | 40 | €83,908 | €83,908 | = | 0.0% |
| Other amounts receivable | 41 | €886,335 | €860,185 | -€26,150 | -3.0% |
| Cash at bank and in hand | 54/58 | €5,465 | €106 | -€5,359 | -98.1% |
| Total equity and liabilities | 10/49 | €975,708 | €944,199 | -€31,509 | -3.2% |
| Equity | 10/15 | €897,332 | €916,850 | +€19,518 | +2.2% |
| Contributions | 10/11 | €410,000 | €410,000 | = | 0.0% |
| Capital | 10 | €410,000 | €410,000 | = | 0.0% |
| Issued capital | 100 | €410,000 | €410,000 | = | 0.0% |
| Reserves | 13 | €487,332 | €506,850 | +€19,518 | +4.0% |
| Non-distributable reserves | 130/1 | €21,299 | €21,299 | = | 0.0% |
| Legal reserve | 130 | €21,299 | €21,299 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,693 | €4,693 | = | 0.0% |
| Distributable reserves | 133 | €461,339 | €480,857 | +€19,518 | +4.2% |
| Amounts payable | 17/49 | €78,376 | €27,349 | -€51,027 | -65.1% |
| Amounts payable within one year | 42/48 | €78,312 | €27,284 | -€51,029 | -65.2% |
| Trade debts | 44 | €22,393 | €13,717 | -€8,675 | -38.7% |
| Suppliers | 440/4 | €22,393 | €13,717 | -€8,675 | -38.7% |
| Taxes, remuneration and social security | 45 | €44,305 | €1,952 | -€42,353 | -95.6% |
| Taxes | 450/3 | €44,305 | €1,952 | -€42,353 | -95.6% |
| Other amounts payable | 47/48 | €11,615 | €11,615 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Other operating charges | 640/8 | €3,724 | €1,439 | -€2,285 | -61.4% |
| Gross operating margin | 9900 | -€3,510 | -€6,464 | -€2,954 | -84.2% |
| Operating profit (loss) | 9901 | -€7,234 | -€7,902 | -€668 | -9.2% |
| Financial charges | 65/66B | €33 | €1,056 | +€1,023 | +3126.0% |
| Recurring financial charges | 65 | €33 | €1,056 | +€1,023 | +3126.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,267 | -€8,958 | -€1,691 | -23.3% |
| Income taxes | 67/77 | €4,766 | -€28,476 | -€33,242 | |
| Profit (loss) for the period | 9904 | -€12,033 | €19,518 | +€31,551 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,033 | €19,518 | +€31,551 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.