MODACO MOTORS: 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.
MODACO MOTORS
Largest movements
- Cash +€22,073
up €22,073 (+78.8%), from €28,010 to €50,083
mainly Advances received (+€11,100) and Stocks and contracts (+€10,972)
- Stocks and contracts -€10,972
down €10,972 (-52.2%), from €21,000 to €10,028
- Receivables within one year +€1,184
up €1,184 (+188%), from €631 to €1,814
of which Trade receivables: +€1,277
- Advances received +€11,100
new in 2025: €11,100
- Accrued charges and deferred income +€1,050
up €1,050 (+12.7%), from €8,281 to €9,331
- Profit (loss) carried forward -€811
down €811 (-3.3%), from €24,736 to €23,925
- Trade debts +€740
up €740 (+62.1%), from €1,191 to €1,931
- Gross operating margin +€6,131
up €6,131, from -€5,106 to €1,025
- Taxes +€68
up €68 (+48.0%), from €142 to €209
- Depreciation +€59
up €59 (+19.4%), from €305 to €364
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 | €52,768 | €65,646 | +€12,878 | +24.4% |
| Fixed assets | 21/28 | €1,086 | €1,564 | +€478 | +44.0% |
| Tangible fixed assets | 22/27 | €1,086 | €1,564 | +€478 | +44.0% |
| Furniture and vehicles | 24 | €1,086 | €1,564 | +€478 | +44.0% |
| Current assets | 29/58 | €51,682 | €64,082 | +€12,400 | +24.0% |
| Stocks and contracts in progress | 3 | €21,000 | €10,028 | -€10,972 | -52.2% |
| Stocks | 30/36 | €21,000 | €10,028 | -€10,972 | -52.2% |
| Amounts receivable within one year | 40/41 | €631 | €1,814 | +€1,184 | +188% |
| Trade receivables | 40 | €345 | €1,622 | +€1,277 | +370% |
| Other amounts receivable | 41 | €286 | €192 | -€94 | -32.7% |
| Cash at bank and in hand | 54/58 | €28,010 | €50,083 | +€22,073 | +78.8% |
| Deferred charges and accrued income | 490/1 | €2,041 | €2,157 | +€115 | +5.7% |
| Total equity and liabilities | 10/49 | €52,768 | €65,646 | +€12,878 | +24.4% |
| Equity | 10/15 | €35,896 | €35,085 | -€811 | -2.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,960 | €4,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,736 | €23,925 | -€811 | -3.3% |
| Amounts payable | 17/49 | €16,873 | €30,561 | +€13,688 | +81.1% |
| Amounts payable within one year | 42/48 | €8,592 | €21,230 | +€12,638 | +147% |
| Trade debts | 44 | €1,191 | €1,931 | +€740 | +62.1% |
| Suppliers | 440/4 | €1,191 | €1,931 | +€740 | +62.1% |
| Advances received on contracts in progress | 46 | - | €11,100 | +€11,100 | |
| Taxes, remuneration and social security | 45 | €165 | €374 | +€209 | +127% |
| Taxes | 450/3 | €165 | €374 | +€209 | +127% |
| Other amounts payable | 47/48 | €7,235 | €7,824 | +€589 | +8.1% |
| Accrued charges and deferred income | 492/3 | €8,281 | €9,331 | +€1,050 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €364 | +€59 | +19.4% |
| Other operating charges | 640/8 | €1,151 | €1,121 | -€30 | -2.6% |
| Gross operating margin | 9900 | -€5,106 | €1,025 | +€6,131 | |
| Operating profit (loss) | 9901 | -€6,562 | -€460 | +€6,102 | +93.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €126 | €141 | +€14 | +11.2% |
| Recurring financial charges | 65 | €126 | €141 | +€14 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,688 | -€601 | +€6,087 | +91.0% |
| Income taxes | 67/77 | €142 | €209 | +€68 | +48.0% |
| Profit (loss) for the period | 9904 | -€6,829 | -€811 | +€6,019 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,829 | -€811 | +€6,019 | +88.1% |
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 15 October 2026 via checked.be.