MODALYMMO: 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.
MODALYMMO
Largest movements
- Cash +€31,583
up €31,583 (+70.3%), from €44,947 to €76,529
- Financial fixed assets +€4,596
up €4,596 (+341%), from €1,347 to €5,943
- Tangible fixed assets +€2,376
up €2,376 (+83.9%), from €2,832 to €5,208
- Reserves +€32,072
new in 2025: €32,072
- Profit (loss) carried forward -€10,087
no longer reported in 2025 (was €10,087)
- Tax, wage and social debts +€9,707
up €9,707 (+273%), from €3,550 to €13,257
- Other debts +€6,103
up €6,103 (+35.7%), from €17,104 to €23,207
- Trade debts +€1,143
up €1,143 (+67.0%), from €1,706 to €2,849
- Turnover -€74,748
no longer reported in 2025 (was €74,748)
- Purchases and services -€67,398
no longer reported in 2025 (was €67,398)
- Gross operating margin +€32,882
up €32,882 (+433%), from €7,592 to €40,473
- Taxes +€4,247
up €4,247 (+200%), from €2,123 to €6,370
- Depreciation +€1,964
up €1,964 (+237%), from €827 to €2,791
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,447 | €96,385 | +€38,938 | +67.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €4,179 | €11,151 | +€6,973 | +167% |
| Tangible fixed assets | 22/27 | €2,832 | €5,208 | +€2,376 | +83.9% |
| Furniture and vehicles | 24 | €2,832 | €5,208 | +€2,376 | +83.9% |
| Financial fixed assets | 28 | €1,347 | €5,943 | +€4,596 | +341% |
| Current assets | 29/58 | €53,269 | €85,234 | +€31,965 | +60.0% |
| Amounts receivable within one year | 40/41 | €6,322 | €6,568 | +€246 | +3.9% |
| Trade receivables | 40 | €6,322 | €2,590 | -€3,732 | -59.0% |
| Other amounts receivable | 41 | - | €3,978 | +€3,978 | |
| Cash at bank and in hand | 54/58 | €44,947 | €76,529 | +€31,583 | +70.3% |
| Deferred charges and accrued income | 490/1 | €2,000 | €2,136 | +€136 | +6.8% |
| Total equity and liabilities | 10/49 | €57,447 | €96,385 | +€38,938 | +67.8% |
| Equity | 10/15 | €35,087 | €57,072 | +€21,984 | +62.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | - | €32,072 | +€32,072 | |
| Distributable reserves | 133 | - | €32,072 | +€32,072 | |
| Profit (loss) carried forward | 14 | €10,087 | - | -€10,087 | |
| Amounts payable | 17/49 | €22,360 | €39,314 | +€16,953 | +75.8% |
| Amounts payable within one year | 42/48 | €22,360 | €39,314 | +€16,953 | +75.8% |
| Trade debts | 44 | €1,706 | €2,849 | +€1,143 | +67.0% |
| Suppliers | 440/4 | €1,706 | €2,849 | +€1,143 | +67.0% |
| Taxes, remuneration and social security | 45 | €3,550 | €13,257 | +€9,707 | +273% |
| Taxes | 450/3 | €3,550 | €13,257 | +€9,707 | +273% |
| Other amounts payable | 47/48 | €17,104 | €23,207 | +€6,103 | +35.7% |
| Turnover | 70 | €74,748 | - | -€74,748 | |
| Non-recurring operating income | 76A | - | €2,026 | +€2,026 | |
| Goods, raw materials, services and sundry goods | 60/61 | €67,398 | - | -€67,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €827 | €2,791 | +€1,964 | +237% |
| Other operating charges | 640/8 | €1,017 | €768 | -€250 | -24.5% |
| Non-recurring operating charges | 66A | - | €12,556 | +€12,556 | |
| Gross operating margin | 9900 | €7,592 | €40,473 | +€32,882 | +433% |
| Operating profit (loss) | 9901 | €5,747 | €24,359 | +€18,612 | +324% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €151 | €382 | +€231 | +154% |
| Recurring financial charges | 65 | €151 | €382 | +€231 | +154% |
| Profit (loss) for the period before taxes | 9903 | €5,597 | €23,978 | +€18,381 | +328% |
| Income taxes | 67/77 | €2,123 | €6,370 | +€4,247 | +200% |
| Profit (loss) for the period | 9904 | €3,474 | €17,608 | +€14,135 | +407% |
| Profit (loss) for the period to be appropriated | 9905 | €3,474 | €17,608 | +€14,135 | +407% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.