MODETI AND CO: 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.
MODETI AND CO
Largest movements
- Cash -€5,101
down €5,101 (-60.6%), from €8,411 to €3,310
mainly Current portion of long-term debt (-€9,920) and Debts after one year (-€9,312)
- Tangible fixed assets -€4,702
down €4,702 (-3.6%), from €132,306 to €127,604
of which Land and buildings: -€3,485
- Profit (loss) carried forward +€13,279
up €13,279 (+19.6%), from €67,680 to €80,959
- Current portion of long-term debt -€9,920
down €9,920 (-51.6%), from €19,232 to €9,312
- Debts after one year -€9,312
down €9,312 (-26.7%), from €34,863 to €25,552
- Tax, wage and social debts -€5,644
down €5,644 (-65.5%), from €8,619 to €2,975
- Trade debts +€1,690
up €1,690 (+104%), from €1,632 to €3,322
- Other operating charges -€4,070
down €4,070 (-88.1%), from €4,619 to €549
- Taxes +€1,838
up €1,838 (+68.4%), from €2,689 to €4,527
- Gross operating margin +€1,598
up €1,598 (+6.8%), from €23,342 to €24,940
- Financial charges -€1,218
down €1,218 (-39.0%), from €3,123 to €1,906
- Depreciation -€256
down €256 (-5.2%), from €4,958 to €4,702
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 | €148,726 | €138,776 | -€9,950 | -6.7% |
| Fixed assets | 21/28 | €132,306 | €127,604 | -€4,702 | -3.6% |
| Tangible fixed assets | 22/27 | €132,306 | €127,604 | -€4,702 | -3.6% |
| Land and buildings | 22 | €121,767 | €118,282 | -€3,485 | -2.9% |
| Plant, machinery and equipment | 23 | €10,478 | €9,322 | -€1,156 | -11.0% |
| Furniture and vehicles | 24 | €61 | - | -€61 | |
| Current assets | 29/58 | €16,420 | €11,172 | -€5,248 | -32.0% |
| Amounts receivable within one year | 40/41 | €7,590 | €7,222 | -€368 | -4.8% |
| Trade receivables | 40 | €3,146 | €5,317 | +€2,171 | +69.0% |
| Other amounts receivable | 41 | €4,444 | €1,905 | -€2,539 | -57.1% |
| Cash at bank and in hand | 54/58 | €8,411 | €3,310 | -€5,101 | -60.6% |
| Deferred charges and accrued income | 490/1 | €418 | €639 | +€221 | +52.8% |
| Total equity and liabilities | 10/49 | €148,726 | €138,776 | -€9,950 | -6.7% |
| Equity | 10/15 | €72,680 | €85,959 | +€13,279 | +18.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,680 | €80,959 | +€13,279 | +19.6% |
| Amounts payable | 17/49 | €76,047 | €52,817 | -€23,229 | -30.5% |
| Amounts payable after more than one year | 17 | €34,863 | €25,552 | -€9,312 | -26.7% |
| Financial debts | 170/4 | €34,863 | €25,552 | -€9,312 | -26.7% |
| Amounts payable within one year | 42/48 | €41,140 | €27,265 | -€13,874 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €19,232 | €9,312 | -€9,920 | -51.6% |
| Trade debts | 44 | €1,632 | €3,322 | +€1,690 | +104% |
| Suppliers | 440/4 | €1,632 | €3,322 | +€1,690 | +104% |
| Taxes, remuneration and social security | 45 | €8,619 | €2,975 | -€5,644 | -65.5% |
| Taxes | 450/3 | €8,619 | €2,975 | -€5,644 | -65.5% |
| Other amounts payable | 47/48 | €11,657 | €11,657 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €43 | - | -€43 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,958 | €4,702 | -€256 | -5.2% |
| Other operating charges | 640/8 | €4,619 | €549 | -€4,070 | -88.1% |
| Gross operating margin | 9900 | €23,342 | €24,940 | +€1,598 | +6.8% |
| Operating profit (loss) | 9901 | €13,765 | €19,689 | +€5,924 | +43.0% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €3,123 | €1,906 | -€1,218 | -39.0% |
| Recurring financial charges | 65 | €3,123 | €1,906 | -€1,218 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €10,642 | €17,806 | +€7,164 | +67.3% |
| Income taxes | 67/77 | €2,689 | €4,527 | +€1,838 | +68.4% |
| Profit (loss) for the period | 9904 | €7,953 | €13,279 | +€5,326 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,953 | €13,279 | +€5,326 | +67.0% |
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 26 October 2026 via checked.be.