MODEDY SERVICES: 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.
MODEDY SERVICES
Largest movements
- Receivables within one year +€14,023
up €14,023 (+6195.8%), from €226 to €14,249
of which Trade receivables: +€13,606
- Cash -€13,077
down €13,077 (-10.3%), from €127,318 to €114,241
mainly Contributions, distributions and other (-€32,842) and Receivables within one year (-€14,023)
- Tangible fixed assets -€9,836
down €9,836 (-23.2%), from €42,400 to €32,564
of which Furniture and vehicles: -€9,535
- Tax, wage and social debts -€6,982
down €6,982 (-40.9%), from €17,076 to €10,094
- Reserves -€3,372
down €3,372 (-2.6%), from €130,050 to €126,678
- Gross operating margin -€22,829
down €22,829 (-30.6%), from €74,658 to €51,830
- Taxes -€5,150
down €5,150 (-28.9%), from €17,809 to €12,659
- Financial income +€1,820
up €1,820 (+1034.5%), from €176 to €1,995
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 | €170,814 | €161,067 | -€9,747 | -5.7% |
| Fixed assets | 21/28 | €42,400 | €32,564 | -€9,836 | -23.2% |
| Tangible fixed assets | 22/27 | €42,400 | €32,564 | -€9,836 | -23.2% |
| Furniture and vehicles | 24 | €39,694 | €30,159 | -€9,535 | -24.0% |
| Other tangible fixed assets | 26 | €2,706 | €2,405 | -€301 | -11.1% |
| Current assets | 29/58 | €128,414 | €128,503 | +€89 | +0.1% |
| Amounts receivable within one year | 40/41 | €226 | €14,249 | +€14,023 | +6195.8% |
| Trade receivables | 40 | - | €13,606 | +€13,606 | |
| Other amounts receivable | 41 | €226 | €643 | +€417 | +184.1% |
| Cash at bank and in hand | 54/58 | €127,318 | €114,241 | -€13,077 | -10.3% |
| Deferred charges and accrued income | 490/1 | €870 | €13 | -€857 | -98.5% |
| Total equity and liabilities | 10/49 | €170,814 | €161,067 | -€9,747 | -5.7% |
| Equity | 10/15 | €152,794 | €149,422 | -€3,372 | -2.2% |
| Contributions | 10/11 | €6,278 | €6,278 | = | 0.0% |
| Reserves | 13 | €130,050 | €126,678 | -€3,372 | -2.6% |
| Distributable reserves | 133 | €130,050 | €126,678 | -€3,372 | -2.6% |
| Profit (loss) carried forward | 14 | €16,465 | €16,465 | = | 0.0% |
| Amounts payable | 17/49 | €18,020 | €11,646 | -€6,375 | -35.4% |
| Amounts payable within one year | 42/48 | €18,020 | €11,646 | -€6,375 | -35.4% |
| Trade debts | 44 | €385 | €809 | +€424 | +110.3% |
| Suppliers | 440/4 | €385 | €809 | +€424 | +110.3% |
| Taxes, remuneration and social security | 45 | €17,076 | €10,094 | -€6,982 | -40.9% |
| Taxes | 450/3 | €17,076 | €10,094 | -€6,982 | -40.9% |
| Other amounts payable | 47/48 | €560 | €743 | +€183 | +32.7% |
| Non-recurring operating income | 76A | €14,850 | - | -€14,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,327 | €10,620 | +€293 | +2.8% |
| Other operating charges | 640/8 | €989 | €892 | -€97 | -9.8% |
| Gross operating margin | 9900 | €74,658 | €51,830 | -€22,829 | -30.6% |
| Operating profit (loss) | 9901 | €63,342 | €40,318 | -€23,024 | -36.3% |
| Financial income | 75/76B | €176 | €1,995 | +€1,820 | +1034.5% |
| Recurring financial income | 75 | €176 | €1,995 | +€1,820 | +1034.5% |
| Financial charges | 65/66B | €165 | €184 | +€20 | +11.9% |
| Recurring financial charges | 65 | €165 | €184 | +€20 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €63,354 | €42,129 | -€21,224 | -33.5% |
| Income taxes | 67/77 | €17,809 | €12,659 | -€5,150 | -28.9% |
| Profit (loss) for the period | 9904 | €45,545 | €29,470 | -€16,074 | -35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,545 | €29,470 | -€16,074 | -35.3% |
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 10 October 2026 via checked.be.