MODERN LIVING: what changed
What changed
MODERN LIVING
NACE 47.793, Retail sale of other second-hand goods, excluding clothing
filed annual accounts (NBB)
Net result for the year
€66,590
2024 · €3,564+€63,026
Equity
€112,653
2024 · €46,063+€66,590
Cash
€32,101
2024 · €25,280+€6,821
Balance sheet total
€447,128
2024 · €425,163+€21,965
Largest movements
Assets
- Stocks and contracts +€16,332
up €16,332 (+19.0%), from €85,976 to €102,307
- Tangible fixed assets -€7,658
down €7,658 (-3.0%), from €256,905 to €249,247
of which Land and buildings: -€11,430
- Cash +€6,821
up €6,821 (+27.0%), from €25,280 to €32,101
mainly Net result for the year (+€66,590) and Depreciation (+€17,576)
Equity and liabilities
- Reserves +€66,590
up €66,590 (+185%), from €36,063 to €102,653
- Other debts -€21,784
down €21,784 (-16.9%), from €128,929 to €107,145
- Debts after one year -€16,393
down €16,393 (-8.7%), from €188,586 to €172,193
- Trade debts -€12,402
down €12,402 (-54.8%), from €22,645 to €10,243
- Tax, wage and social debts +€12,320
up €12,320 (+203%), from €6,056 to €18,377
of which Taxes: +€12,594
Income statement
- Gross operating margin +€100,082
up €100,082 (+319%), from €31,386 to €131,467
- Taxes +€30,589
up €30,589 (+2,720%), from €1,125 to €31,714
- Write-downs +€7,692
new in 2025: €7,692
- Financial charges -€3,203
down €3,203 (-38.7%), from €8,268 to €5,065
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3,564
Gross operating margin
+€100,082
Depreciation
-€1,053
Write-downs
-€7,692
Other operating charges
-€982
Financial income
+€58
Financial charges
+€3,203
Taxes
-€30,589
Result 2025
€66,590
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€34,127
Investment
-€11,428
Financing
-€15,877
Cash 2024
€25,280
From operations (derived)
+€34,127
Net result for the year
+€66,590
Depreciation
+€17,576
Stocks and contracts
-€16,332
Receivables within one year
-€1,276
Deferred charges and accrued income
-€3,685
Trade debts
-€12,402
Tax, wage and social debts
+€12,320
Advances received
-€9,069
Other debts
-€21,784
Accrued charges and deferred income
+€2,187
Investment (derived)
-€11,428
Investment in fixed assets (net)
-€11,428
Financing
-€15,877
Debts after one year
-€16,393
Current portion of long-term debt
+€516
Cash 2025
€32,101
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €425,163 | €447,128 | +€21,965 | +5.2% |
| Fixed assets | 21/28 | €261,761 | €255,613 | -€6,148 | -2.3% |
| Intangible fixed assets | 21 | €1,855 | €1,475 | -€380 | -20.5% |
| Tangible fixed assets | 22/27 | €256,905 | €249,247 | -€7,658 | -3.0% |
| Land and buildings | 22 | €251,742 | €240,312 | -€11,430 | -4.5% |
| Plant, machinery and equipment | 23 | €5,164 | €5,136 | -€28 | -0.5% |
| Other tangible fixed assets | 26 | - | €3,800 | +€3,800 | |
| Financial fixed assets | 28 | €3,000 | €4,890 | +€1,890 | +63.0% |
| Current assets | 29/58 | €163,402 | €191,516 | +€28,113 | +17.2% |
| Stocks and contracts in progress | 3 | €85,976 | €102,307 | +€16,332 | +19.0% |
| Stocks | 30/36 | €85,976 | €102,307 | +€16,332 | +19.0% |
| Amounts receivable within one year | 40/41 | €47,235 | €48,511 | +€1,276 | +2.7% |
| Trade receivables | 40 | €43,165 | €46,105 | +€2,940 | +6.8% |
| Other amounts receivable | 41 | €4,071 | €2,406 | -€1,665 | -40.9% |
| Cash at bank and in hand | 54/58 | €25,280 | €32,101 | +€6,821 | +27.0% |
| Deferred charges and accrued income | 490/1 | €4,911 | €8,596 | +€3,685 | +75.0% |
| Total equity and liabilities | 10/49 | €425,163 | €447,128 | +€21,965 | +5.2% |
| Equity | 10/15 | €46,063 | €112,653 | +€66,590 | +145% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €36,063 | €102,653 | +€66,590 | +185% |
| Distributable reserves | 133 | €36,063 | €102,653 | +€66,590 | +185% |
| Amounts payable | 17/49 | €379,099 | €334,475 | -€44,624 | -11.8% |
| Amounts payable after more than one year | 17 | €188,586 | €172,193 | -€16,393 | -8.7% |
| Financial debts | 170/4 | €188,586 | €172,193 | -€16,393 | -8.7% |
| Amounts payable within one year | 42/48 | €182,576 | €152,158 | -€30,418 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €15,877 | €16,393 | +€516 | +3.2% |
| Trade debts | 44 | €22,645 | €10,243 | -€12,402 | -54.8% |
| Suppliers | 440/4 | €22,645 | €10,243 | -€12,402 | -54.8% |
| Advances received on contracts in progress | 46 | €9,069 | - | -€9,069 | |
| Taxes, remuneration and social security | 45 | €6,056 | €18,377 | +€12,320 | +203% |
| Taxes | 450/3 | €1,055 | €13,648 | +€12,594 | +1,194% |
| Remuneration and social security | 454/9 | €5,002 | €4,728 | -€273 | -5.5% |
| Other amounts payable | 47/48 | €128,929 | €107,145 | -€21,784 | -16.9% |
| Accrued charges and deferred income | 492/3 | €7,938 | €10,124 | +€2,187 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,523 | €17,576 | +€1,053 | +6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,692 | +€7,692 | |
| Other operating charges | 640/8 | €1,906 | €2,888 | +€982 | +51.5% |
| Gross operating margin | 9900 | €31,386 | €131,467 | +€100,082 | +319% |
| Operating profit (loss) | 9901 | €12,957 | €103,311 | +€90,355 | +697% |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €8,268 | €5,065 | -€3,203 | -38.7% |
| Recurring financial charges | 65 | €8,268 | €5,065 | -€3,203 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €4,688 | €98,304 | +€93,615 | +1,997% |
| Income taxes | 67/77 | €1,125 | €31,714 | +€30,589 | +2,720% |
| Profit (loss) for the period | 9904 | €3,564 | €66,590 | +€63,026 | +1,769% |
| Profit (loss) for the period to be appropriated | 9905 | €3,564 | €66,590 | +€63,026 | +1,769% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.