MODIV: 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.
MODIV
Largest movements
- Receivables within one year -€1,102
down €1,102 (-8.1%), from €13,626 to €12,524
- Cash +€888
up €888 (+2448.2%), from €36 to €924
mainly Receivables within one year (+€1,102) and Other debts (+€42)
- Profit (loss) carried forward -€156
down €156 (-1.9%), from -€8,077 to -€8,232
- Gross operating margin +€1,024
no longer reported in 2025 (was -€1,024)
- Financial charges -€115
down €115 (-67.4%), from €170 to €56
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 | €13,662 | €13,448 | -€214 | -1.6% |
| Current assets | 29/58 | €13,662 | €13,448 | -€214 | -1.6% |
| Amounts receivable within one year | 40/41 | €13,626 | €12,524 | -€1,102 | -8.1% |
| Other amounts receivable | 41 | €13,626 | €12,524 | -€1,102 | -8.1% |
| Cash at bank and in hand | 54/58 | €36 | €924 | +€888 | +2448.2% |
| Total equity and liabilities | 10/49 | €13,662 | €13,448 | -€214 | -1.6% |
| Equity | 10/15 | €12,458 | €12,302 | -€156 | -1.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,135 | €8,135 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,275 | €6,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,077 | -€8,232 | -€156 | -1.9% |
| Amounts payable | 17/49 | €1,204 | €1,146 | -€58 | -4.8% |
| Amounts payable within one year | 42/48 | €1,204 | €1,146 | -€58 | -4.8% |
| Trade debts | 44 | €100 | - | -€100 | |
| Suppliers | 440/4 | €100 | - | -€100 | |
| Other amounts payable | 47/48 | €1,104 | €1,146 | +€42 | +3.8% |
| Other operating charges | 640/8 | €100 | €100 | = | 0.0% |
| Gross operating margin | 9900 | -€1,024 | - | +€1,024 | |
| Operating profit (loss) | 9901 | -€1,124 | -€100 | +€1,024 | +91.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €170 | €56 | -€115 | -67.4% |
| Recurring financial charges | 65 | €170 | €56 | -€115 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,294 | -€156 | +€1,139 | +88.0% |
| Profit (loss) for the period | 9904 | -€1,294 | -€156 | +€1,139 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,294 | -€156 | +€1,139 | +88.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.