MODCA: 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.
MODCA
Largest movements
- Cash +€99,338
up €99,338 (+237.3%), from €41,865 to €141,203
mainly Net result for the year (+€94,328) and Receivables after one year (+€8,600)
- Receivables after one year -€8,600
down €8,600 (-57.3%), from €15,000 to €6,400
- Financial fixed assets +€3,689
up €3,689 (+147547.2%), from €3 to €3,691
- Profit (loss) carried forward +€94,328
up €94,328 (+203.4%), from €46,375 to €140,703
- Financial income +€65,655
up €65,655 (+175.1%), from €37,500 to €103,155
- Taxes -€4,971
no longer reported in 2024 (was €4,971)
- Gross operating margin -€995
down €995 (-14.2%), from -€7,000 to -€7,995
- Other operating charges +€547
up €547 (+501.4%), from €109 to €656
- Financial charges -€108
down €108 (-38.0%), from €285 to €177
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,075 | €151,575 | +€94,500 | +165.6% |
| Fixed assets | 21/28 | €3 | €3,691 | +€3,689 | +147547.2% |
| Financial fixed assets | 28 | €3 | €3,691 | +€3,689 | +147547.2% |
| Current assets | 29/58 | €57,072 | €147,884 | +€90,812 | +159.1% |
| Amounts receivable after more than one year | 29 | €15,000 | €6,400 | -€8,600 | -57.3% |
| Other amounts receivable | 291 | €15,000 | €6,400 | -€8,600 | -57.3% |
| Amounts receivable within one year | 40/41 | €207 | €281 | +€74 | +35.7% |
| Other amounts receivable | 41 | €207 | €281 | +€74 | +35.7% |
| Cash at bank and in hand | 54/58 | €41,865 | €141,203 | +€99,338 | +237.3% |
| Total equity and liabilities | 10/49 | €57,075 | €151,575 | +€94,500 | +165.6% |
| Equity | 10/15 | €57,075 | €151,403 | +€94,328 | +165.3% |
| Contributions | 10/11 | €10,700 | €10,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,375 | €140,703 | +€94,328 | +203.4% |
| Amounts payable | 17/49 | - | €172 | +€172 | |
| Amounts payable within one year | 42/48 | - | €172 | +€172 | |
| Trade debts | 44 | - | €172 | +€172 | |
| Suppliers | 440/4 | - | €172 | +€172 | |
| Other operating charges | 640/8 | €109 | €656 | +€547 | +501.4% |
| Gross operating margin | 9900 | -€7,000 | -€7,995 | -€995 | -14.2% |
| Operating profit (loss) | 9901 | -€7,109 | -€8,650 | -€1,541 | -21.7% |
| Financial income | 75/76B | €37,500 | €103,155 | +€65,655 | +175.1% |
| Recurring financial income | 75 | €37,500 | €103,155 | +€65,655 | +175.1% |
| Financial charges | 65/66B | €285 | €177 | -€108 | -38.0% |
| Recurring financial charges | 65 | €285 | €177 | -€108 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €30,106 | €94,328 | +€64,222 | +213.3% |
| Income taxes | 67/77 | €4,971 | - | -€4,971 | |
| Profit (loss) for the period | 9904 | €25,135 | €94,328 | +€69,194 | +275.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,135 | €94,328 | +€69,194 | +275.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.