MODEME: 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.
MODEME
Largest movements
- Receivables within one year -€7,666
down €7,666 (-74.1%), from €10,342 to €2,676
of which Trade receivables: -€9,031
- Cash -€2,163
down €2,163 (-43.7%), from €4,948 to €2,785
mainly Trade debts (-€4,490) and Net result for the year (-€3,069)
- Current investments +€1,942
up €1,942 (+6.2%), from €31,123 to €33,065
- Trade debts -€4,490
no longer reported in 2025 (was €4,490)
- Profit (loss) carried forward -€3,069
down €3,069 (-13.0%), from €23,535 to €20,466
- Gross operating margin +€4,455
up €4,455 (+71.2%), from -€6,258 to -€1,803
- Taxes +€1,748
no longer reported in 2025 (was -€1,748)
- Financial income -€473
down €473 (-38.3%), from €1,236 to €763
of which Financial income: -€1,006
- Depreciation -€137
down €137 (-8.7%), from €1,576 to €1,439
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 | €48,485 | €40,926 | -€7,559 | -15.6% |
| Fixed assets | 21/28 | €2,072 | €2,400 | +€328 | +15.8% |
| Tangible fixed assets | 22/27 | €2,072 | €2,400 | +€328 | +15.8% |
| Plant, machinery and equipment | 23 | €301 | €1,810 | +€1,509 | +501.3% |
| Furniture and vehicles | 24 | €1,771 | €590 | -€1,181 | -66.7% |
| Current assets | 29/58 | €46,413 | €38,526 | -€7,887 | -17.0% |
| Amounts receivable within one year | 40/41 | €10,342 | €2,676 | -€7,666 | -74.1% |
| Trade receivables | 40 | €9,089 | €58 | -€9,031 | -99.4% |
| Other amounts receivable | 41 | €1,253 | €2,618 | +€1,365 | +108.9% |
| Current investments | 50/53 | €31,123 | €33,065 | +€1,942 | +6.2% |
| Cash at bank and in hand | 54/58 | €4,948 | €2,785 | -€2,163 | -43.7% |
| Total equity and liabilities | 10/49 | €48,485 | €40,926 | -€7,559 | -15.6% |
| Equity | 10/15 | €43,995 | €40,926 | -€3,069 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,535 | €20,466 | -€3,069 | -13.0% |
| Amounts payable | 17/49 | €4,490 | - | -€4,490 | |
| Amounts payable within one year | 42/48 | €4,490 | - | -€4,490 | |
| Trade debts | 44 | €4,490 | - | -€4,490 | |
| Suppliers | 440/4 | €4,490 | - | -€4,490 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,576 | €1,439 | -€137 | -8.7% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€6,258 | -€1,803 | +€4,455 | +71.2% |
| Operating profit (loss) | 9901 | -€8,362 | -€3,786 | +€4,576 | +54.7% |
| Financial income | 75/76B | €1,236 | €763 | -€473 | -38.3% |
| Recurring financial income | 75 | €1,236 | €230 | -€1,006 | -81.4% |
| Non-recurring financial income | 76B | €1,236 | €533 | -€703 | -56.9% |
| Financial charges | 65/66B | €42 | €46 | +€4 | +9.5% |
| Recurring financial charges | 65 | €42 | €46 | +€4 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,168 | -€3,069 | +€4,099 | +57.2% |
| Income taxes | 67/77 | -€1,748 | - | +€1,748 | |
| Profit (loss) for the period | 9904 | -€5,420 | -€3,069 | +€2,351 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,420 | -€3,069 | +€2,351 | +43.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.