MODOSTEO: 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.
MODOSTEO
Largest movements
- Tangible fixed assets -€3,795
down €3,795 (-18.6%), from €20,410 to €16,615
of which Furniture and vehicles: -€2,307
- Cash -€1,323
down €1,323 (-5.0%), from €26,310 to €24,987
mainly Contributions, distributions and other (-€24,000) and Advances received (-€1,473)
- Profit (loss) carried forward -€3,840
down €3,840 (-28.4%), from €13,524 to €9,684
- Advances received -€1,473
no longer reported in 2025 (was €1,473)
- Tax, wage and social debts +€872
up €872 (+37.7%), from €2,312 to €3,183
of which Taxes: +€872
- Gross operating margin +€15,308
up €15,308 (+104.9%), from €14,595 to €29,903
- Taxes +€3,527
up €3,527 (+163.6%), from €2,156 to €5,683
- Staff costs -€492
no longer reported in 2025 (was €492)
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 | €53,460 | €48,464 | -€4,996 | -9.3% |
| Fixed assets | 21/28 | €20,410 | €16,615 | -€3,795 | -18.6% |
| Tangible fixed assets | 22/27 | €20,410 | €16,615 | -€3,795 | -18.6% |
| Furniture and vehicles | 24 | €6,727 | €4,420 | -€2,307 | -34.3% |
| Other tangible fixed assets | 26 | €13,683 | €12,195 | -€1,488 | -10.9% |
| Current assets | 29/58 | €33,049 | €31,849 | -€1,201 | -3.6% |
| Amounts receivable within one year | 40/41 | €6,694 | €6,861 | +€168 | +2.5% |
| Trade receivables | 40 | €350 | €518 | +€168 | +47.9% |
| Other amounts receivable | 41 | €6,344 | €6,344 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,310 | €24,987 | -€1,323 | -5.0% |
| Deferred charges and accrued income | 490/1 | €46 | - | -€46 | |
| Total equity and liabilities | 10/49 | €53,460 | €48,464 | -€4,996 | -9.3% |
| Equity | 10/15 | €19,524 | €15,684 | -€3,840 | -19.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,524 | €9,684 | -€3,840 | -28.4% |
| Amounts payable | 17/49 | €33,936 | €32,780 | -€1,156 | -3.4% |
| Amounts payable within one year | 42/48 | €33,936 | €32,780 | -€1,156 | -3.4% |
| Trade debts | 44 | €151 | €97 | -€54 | -35.9% |
| Suppliers | 440/4 | €151 | €97 | -€54 | -35.9% |
| Advances received on contracts in progress | 46 | €1,473 | - | -€1,473 | |
| Taxes, remuneration and social security | 45 | €2,312 | €3,183 | +€872 | +37.7% |
| Taxes | 450/3 | €812 | €1,683 | +€872 | +107.4% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €30,000 | €29,500 | -€500 | -1.7% |
| Remuneration, social security and pensions | 62 | €492 | - | -€492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,502 | €3,795 | +€293 | +8.4% |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | €14,595 | €29,903 | +€15,308 | +104.9% |
| Operating profit (loss) | 9901 | €10,450 | €26,108 | +€15,658 | +149.8% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €262 | €269 | +€6 | +2.5% |
| Recurring financial charges | 65 | €262 | €269 | +€6 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €10,188 | €25,843 | +€15,655 | +153.7% |
| Income taxes | 67/77 | €2,156 | €5,683 | +€3,527 | +163.6% |
| Profit (loss) for the period | 9904 | €8,032 | €20,160 | +€12,128 | +151.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,032 | €20,160 | +€12,128 | +151.0% |
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 29 September 2026 via checked.be.