MODEKLINKERS: 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.
MODEKLINKERS
Largest movements
- Cash +€15,612
up €15,612 (+12,279%), from €127 to €15,739
mainly Net result for the year (+€17,095) and Trade debts (+€16,477)
- Receivables within one year +€15,535
up €15,535 (+87.7%), from €17,723 to €33,257
of which Trade receivables: +€13,209
- Tangible fixed assets -€12,175
down €12,175 (-51.2%), from €23,795 to €11,619
of which Leasing and similar rights: -€7,448
- Stocks and contracts -€5,203
down €5,203 (-28.9%), from €18,000 to €12,797
- Profit (loss) carried forward +€17,095
up €17,095 (+56.1%), from -€30,481 to -€13,386
- Trade debts +€16,477
up €16,477 (+94.4%), from €17,455 to €33,932
- Debts after one year -€12,181
down €12,181 (-88.2%), from €13,815 to €1,634
- Short-term financial debts -€8,271
down €8,271 (-100%), from €8,271 to €0
- Other debts +€3,844
up €3,844 (+25.9%), from €14,817 to €18,662
- Staff costs -€27,029
down €27,029 (-64.3%), from €42,043 to €15,013
- Gross operating margin -€3,673
down €3,673 (-7.4%), from €49,341 to €45,668
- Financial charges -€765
down €765 (-37.4%), from €2,043 to €1,278
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 | €60,758 | €74,300 | +€13,542 | +22.3% |
| Fixed assets | 21/28 | €23,795 | €11,619 | -€12,175 | -51.2% |
| Tangible fixed assets | 22/27 | €23,795 | €11,619 | -€12,175 | -51.2% |
| Furniture and vehicles | 24 | €11,591 | €6,864 | -€4,727 | -40.8% |
| Leasing and similar rights | 25 | €12,204 | €4,756 | -€7,448 | -61.0% |
| Current assets | 29/58 | €36,964 | €62,681 | +€25,718 | +69.6% |
| Stocks and contracts in progress | 3 | €18,000 | €12,797 | -€5,203 | -28.9% |
| Stocks | 30/36 | €18,000 | €12,797 | -€5,203 | -28.9% |
| Amounts receivable within one year | 40/41 | €17,723 | €33,257 | +€15,535 | +87.7% |
| Trade receivables | 40 | €11,850 | €25,058 | +€13,209 | +111% |
| Other amounts receivable | 41 | €5,873 | €8,199 | +€2,326 | +39.6% |
| Cash at bank and in hand | 54/58 | €127 | €15,739 | +€15,612 | +12,279% |
| Deferred charges and accrued income | 490/1 | €1,114 | €888 | -€226 | -20.3% |
| Total equity and liabilities | 10/49 | €60,758 | €74,300 | +€13,542 | +22.3% |
| Equity | 10/15 | -€11,881 | €5,214 | +€17,095 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€30,481 | -€13,386 | +€17,095 | +56.1% |
| Amounts payable | 17/49 | €72,639 | €69,086 | -€3,553 | -4.9% |
| Amounts payable after more than one year | 17 | €13,815 | €1,634 | -€12,181 | -88.2% |
| Financial debts | 170/4 | €13,815 | €1,634 | -€12,181 | -88.2% |
| Amounts payable within one year | 42/48 | €58,824 | €67,452 | +€8,628 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €12,373 | €12,181 | -€192 | -1.5% |
| Financial debts | 43 | €8,271 | €0 | -€8,271 | -100% |
| Credit institutions | 430/8 | €8,271 | €0 | -€8,271 | -100% |
| Trade debts | 44 | €17,455 | €33,932 | +€16,477 | +94.4% |
| Suppliers | 440/4 | €17,455 | €33,932 | +€16,477 | +94.4% |
| Taxes, remuneration and social security | 45 | €5,908 | €2,677 | -€3,231 | -54.7% |
| Taxes | 450/3 | €300 | €276 | -€24 | -8.0% |
| Remuneration and social security | 454/9 | €5,607 | €2,401 | -€3,206 | -57.2% |
| Other amounts payable | 47/48 | €14,817 | €18,662 | +€3,844 | +25.9% |
| Remuneration, social security and pensions | 62 | €42,043 | €15,013 | -€27,029 | -64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,175 | €12,175 | = | 0.0% |
| Other operating charges | 640/8 | €1,332 | €920 | -€412 | -30.9% |
| Gross operating margin | 9900 | €49,341 | €45,668 | -€3,673 | -7.4% |
| Operating profit (loss) | 9901 | -€6,209 | €17,559 | +€23,768 | |
| Financial income | 75/76B | €506 | €815 | +€309 | +61.1% |
| Recurring financial income | 75 | €506 | €815 | +€309 | +61.1% |
| Financial charges | 65/66B | €2,043 | €1,278 | -€765 | -37.4% |
| Recurring financial charges | 65 | €2,043 | €1,278 | -€765 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,747 | €17,095 | +€24,842 | |
| Profit (loss) for the period | 9904 | -€7,747 | €17,095 | +€24,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,747 | €17,095 | +€24,842 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.