MODACCES: 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.
MODACCES
Largest movements
- Tangible fixed assets -€10,002
down €10,002 (-27.0%), from €37,034 to €27,032
- Cash +€5,708
up €5,708 (+12.7%), from €44,860 to €50,569
mainly Depreciation (+€10,002) and Net result for the year (+€3,938)
- Debts after one year -€6,407
down €6,407 (-51.1%), from €12,537 to €6,130
- Reserves +€3,938
up €3,938 (+10.6%), from €37,132 to €41,069
- Trade debts -€2,473
down €2,473 (-77.2%), from €3,202 to €729
- Staff costs +€6,186
up €6,186 (+8.6%), from €71,935 to €78,121
- Gross operating margin +€4,280
up €4,280 (+4.6%), from €92,839 to €97,119
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 | €113,072 | €107,980 | -€5,092 | -4.5% |
| Fixed assets | 21/28 | €37,034 | €27,032 | -€10,002 | -27.0% |
| Tangible fixed assets | 22/27 | €37,034 | €27,032 | -€10,002 | -27.0% |
| Furniture and vehicles | 24 | €37,034 | €27,032 | -€10,002 | -27.0% |
| Current assets | 29/58 | €76,038 | €80,949 | +€4,911 | +6.5% |
| Amounts receivable within one year | 40/41 | €29,259 | €28,400 | -€859 | -2.9% |
| Trade receivables | 40 | €24,218 | €27,910 | +€3,692 | +15.2% |
| Other amounts receivable | 41 | €5,041 | €490 | -€4,551 | -90.3% |
| Current investments | 50/53 | €341 | €339 | -€1 | -0.3% |
| Cash at bank and in hand | 54/58 | €44,860 | €50,569 | +€5,708 | +12.7% |
| Deferred charges and accrued income | 490/1 | €1,578 | €1,640 | +€62 | +4.0% |
| Total equity and liabilities | 10/49 | €113,072 | €107,980 | -€5,092 | -4.5% |
| Equity | 10/15 | €43,332 | €47,269 | +€3,938 | +9.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,132 | €41,069 | +€3,938 | +10.6% |
| Distributable reserves | 133 | €37,132 | €41,069 | +€3,938 | +10.6% |
| Amounts payable | 17/49 | €69,740 | €60,711 | -€9,029 | -12.9% |
| Amounts payable after more than one year | 17 | €12,537 | €6,130 | -€6,407 | -51.1% |
| Financial debts | 170/4 | €12,537 | €6,130 | -€6,407 | -51.1% |
| Amounts payable within one year | 42/48 | €57,203 | €54,581 | -€2,622 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €6,128 | €6,407 | +€280 | +4.6% |
| Trade debts | 44 | €3,202 | €729 | -€2,473 | -77.2% |
| Suppliers | 440/4 | €3,202 | €729 | -€2,473 | -77.2% |
| Taxes, remuneration and social security | 45 | €28,228 | €28,572 | +€344 | +1.2% |
| Taxes | 450/3 | €11,411 | €8,387 | -€3,024 | -26.5% |
| Remuneration and social security | 454/9 | €16,818 | €20,185 | +€3,367 | +20.0% |
| Other amounts payable | 47/48 | €19,645 | €18,872 | -€773 | -3.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €71,935 | €78,121 | +€6,186 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,002 | €10,002 | = | 0.0% |
| Other operating charges | 640/8 | €825 | €804 | -€21 | -2.5% |
| Non-recurring operating charges | 66A | €5 | €52 | +€46 | +853.8% |
| Gross operating margin | 9900 | €92,839 | €97,119 | +€4,280 | +4.6% |
| Operating profit (loss) | 9901 | €10,071 | €8,140 | -€1,931 | -19.2% |
| Financial income | 75/76B | €424 | €2 | -€422 | -99.5% |
| Recurring financial income | 75 | €424 | €2 | -€422 | -99.5% |
| Financial charges | 65/66B | €2,618 | €2,205 | -€413 | -15.8% |
| Recurring financial charges | 65 | €2,618 | €2,205 | -€413 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €7,877 | €5,937 | -€1,940 | -24.6% |
| Income taxes | 67/77 | €2,638 | €1,999 | -€639 | -24.2% |
| Profit (loss) for the period | 9904 | €5,238 | €3,938 | -€1,301 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,238 | €3,938 | -€1,301 | -24.8% |
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 6 October 2026 via checked.be.