MODO INTERIORS: what changed
What changed
MODO INTERIORS
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€75,511
2024 · €63,531+€11,980
Equity
€210,874
2024 · €135,363+€75,511
Cash
€251,440
2024 · €304,669-€53,229
Balance sheet total
€601,715
2024 · €680,096-€78,381
Largest movements
Assets
- Receivables within one year -€54,620
down €54,620 (-19.6%), from €278,971 to €224,351
of which Trade receivables: -€28,661
- Cash -€53,229
down €53,229 (-17.5%), from €304,669 to €251,440
mainly Trade debts (-€84,931) and Debts after one year (-€79,102)
- Stocks and contracts +€30,831
up €30,831 (+41.5%), from €74,203 to €105,033
of which Stocks: +€25,780
Equity and liabilities
- Trade debts -€84,931
down €84,931 (-57.1%), from €148,793 to €63,862
- Debts after one year -€79,102
down €79,102 (-26.5%), from €298,749 to €219,648
- Reserves +€75,511
up €75,511 (+57.1%), from €132,325 to €207,836
of which Distributable reserves: +€75,511
- Tax, wage and social debts +€7,668
up €7,668 (+37.4%), from €20,510 to €28,179
of which Taxes: +€15,358
Income statement
- Gross operating margin +€23,452
up €23,452 (+4.4%), from €538,467 to €561,919
- Staff costs +€6,147
up €6,147 (+1.4%), from €434,088 to €440,235
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
€63,531
Gross operating margin
+€23,452
Staff costs
-€6,147
Depreciation
+€1,665
Other operating charges
-€141
Financial income
-€1,459
Financial charges
-€2,787
Taxes
-€2,604
Result 2025
€75,511
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
+€24,277
Investment
-€874
Financing
-€76,632
Cash 2024
€304,669
From operations (derived)
+€24,277
Net result for the year
+€75,511
Depreciation
+€7,057
Stocks and contracts
-€30,831
Receivables within one year
+€54,620
Deferred charges and accrued income
-€4,820
Trade debts
-€84,931
Tax, wage and social debts
+€7,668
Accrued charges and deferred income
+€2
Investment (derived)
-€874
Investment in fixed assets (net)
-€874
Financing
-€76,632
Debts after one year
-€79,102
Current portion of long-term debt
+€2,470
Cash 2025
€251,440
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €680,096 | €601,715 | -€78,381 | -11.5% |
| Fixed assets | 21/28 | €17,675 | €11,491 | -€6,183 | -35.0% |
| Tangible fixed assets | 22/27 | €16,330 | €11,491 | -€4,838 | -29.6% |
| Land and buildings | 22 | €18 | €0 | -€18 | -100% |
| Plant, machinery and equipment | 23 | €13,003 | €10,208 | -€2,794 | -21.5% |
| Furniture and vehicles | 24 | €3,309 | €1,283 | -€2,026 | -61.2% |
| Financial fixed assets | 28 | €1,345 | €0 | -€1,345 | -100% |
| Current assets | 29/58 | €662,421 | €590,224 | -€72,198 | -10.9% |
| Stocks and contracts in progress | 3 | €74,203 | €105,033 | +€30,831 | +41.5% |
| Stocks | 30/36 | €74,203 | €99,982 | +€25,780 | +34.7% |
| Contracts in progress | 37 | - | €5,051 | +€5,051 | |
| Amounts receivable within one year | 40/41 | €278,971 | €224,351 | -€54,620 | -19.6% |
| Trade receivables | 40 | €87,187 | €58,526 | -€28,661 | -32.9% |
| Other amounts receivable | 41 | €191,784 | €165,825 | -€25,959 | -13.5% |
| Cash at bank and in hand | 54/58 | €304,669 | €251,440 | -€53,229 | -17.5% |
| Deferred charges and accrued income | 490/1 | €4,579 | €9,399 | +€4,820 | +105% |
| Total equity and liabilities | 10/49 | €680,096 | €601,715 | -€78,381 | -11.5% |
| Equity | 10/15 | €135,363 | €210,874 | +€75,511 | +55.8% |
| Contributions | 10/11 | €3,039 | €3,039 | = | 0.0% |
| Reserves | 13 | €132,325 | €207,836 | +€75,511 | +57.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €183 | €183 | = | 0.0% |
| Distributable reserves | 133 | €132,141 | €207,652 | +€75,511 | +57.1% |
| Amounts payable | 17/49 | €544,732 | €390,841 | -€153,892 | -28.3% |
| Amounts payable after more than one year | 17 | €298,749 | €219,648 | -€79,102 | -26.5% |
| Financial debts | 170/4 | €298,749 | €219,648 | -€79,102 | -26.5% |
| Amounts payable within one year | 42/48 | €245,935 | €171,142 | -€74,792 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €76,632 | €79,102 | +€2,470 | +3.2% |
| Trade debts | 44 | €148,793 | €63,862 | -€84,931 | -57.1% |
| Suppliers | 440/4 | €148,793 | €63,862 | -€84,931 | -57.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €20,510 | €28,179 | +€7,668 | +37.4% |
| Taxes | 450/3 | €3,020 | €18,379 | +€15,358 | +509% |
| Remuneration and social security | 454/9 | €17,490 | €9,800 | -€7,690 | -44.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €48 | €51 | +€2 | +4.4% |
| Non-recurring operating income | 76A | - | €5,785 | +€5,785 | |
| Remuneration, social security and pensions | 62 | €434,088 | €440,235 | +€6,147 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,722 | €7,057 | -€1,665 | -19.1% |
| Other operating charges | 640/8 | €7,438 | €7,579 | +€141 | +1.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €538,467 | €561,919 | +€23,452 | +4.4% |
| Operating profit (loss) | 9901 | €88,219 | €107,048 | +€18,829 | +21.3% |
| Financial income | 75/76B | €15,218 | €13,759 | -€1,459 | -9.6% |
| Recurring financial income | 75 | €15,218 | €13,759 | -€1,459 | -9.6% |
| Financial charges | 65/66B | €16,385 | €19,172 | +€2,787 | +17.0% |
| Recurring financial charges | 65 | €16,385 | €19,172 | +€2,787 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €87,052 | €101,635 | +€14,583 | +16.8% |
| Income taxes | 67/77 | €23,520 | €26,124 | +€2,604 | +11.1% |
| Profit (loss) for the period | 9904 | €63,531 | €75,511 | +€11,980 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,531 | €75,511 | +€11,980 | +18.9% |
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 3 November 2026 via checked.be.