MODU-INTERNO: 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.
MODU-INTERNO
Largest movements
- Tangible fixed assets +€3,813
up €3,813 (+15.6%), from €24,482 to €28,296
of which Land and buildings: +€2,484
- Receivables within one year -€1,659
down €1,659 (-20.8%), from €7,996 to €6,337
of which Trade receivables: -€1,250
- Cash -€1,037
down €1,037 (-94.9%), from €1,093 to €56
mainly Investment in fixed assets (net) (-€11,113) and Trade debts (-€511)
- Other debts +€1,208
up €1,208 (+4.6%), from €26,405 to €27,614
- Tax, wage and social debts +€701
up €701 (+181.7%), from €386 to €1,087
of which Taxes: +€722
- Trade debts -€511
down €511 (-20.9%), from €2,447 to €1,937
- Staff costs -€4,822
down €4,822 (-16.8%), from €28,694 to €23,872
- Gross operating margin -€2,794
down €2,794 (-7.6%), from €36,955 to €34,161
- Financial charges +€1,227
up €1,227 (+236.6%), from €519 to €1,745
- Depreciation +€610
up €610 (+9.1%), from €6,689 to €7,300
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 | €35,210 | €36,494 | +€1,284 | +3.6% |
| Fixed assets | 21/28 | €24,482 | €28,296 | +€3,813 | +15.6% |
| Tangible fixed assets | 22/27 | €24,482 | €28,296 | +€3,813 | +15.6% |
| Land and buildings | 22 | €4,627 | €7,110 | +€2,484 | +53.7% |
| Plant, machinery and equipment | 23 | €509 | €0 | -€509 | -100.0% |
| Furniture and vehicles | 24 | €19,347 | €21,186 | +€1,839 | +9.5% |
| Current assets | 29/58 | €10,728 | €8,199 | -€2,530 | -23.6% |
| Amounts receivable within one year | 40/41 | €7,996 | €6,337 | -€1,659 | -20.8% |
| Trade receivables | 40 | €5,500 | €4,250 | -€1,250 | -22.7% |
| Other amounts receivable | 41 | €2,496 | €2,087 | -€409 | -16.4% |
| Cash at bank and in hand | 54/58 | €1,093 | €56 | -€1,037 | -94.9% |
| Deferred charges and accrued income | 490/1 | €1,639 | €1,806 | +€167 | +10.2% |
| Total equity and liabilities | 10/49 | €35,210 | €36,494 | +€1,284 | +3.6% |
| Equity | 10/15 | €5,763 | €5,857 | +€94 | +1.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €763 | €857 | +€94 | +12.3% |
| Amounts payable | 17/49 | €29,447 | €30,637 | +€1,190 | +4.0% |
| Amounts payable within one year | 42/48 | €29,447 | €30,637 | +€1,190 | +4.0% |
| Financial debts | 43 | €209 | €0 | -€209 | -100.0% |
| Credit institutions | 430/8 | €209 | €0 | -€209 | -100.0% |
| Trade debts | 44 | €2,447 | €1,937 | -€511 | -20.9% |
| Suppliers | 440/4 | €2,447 | €1,937 | -€511 | -20.9% |
| Taxes, remuneration and social security | 45 | €386 | €1,087 | +€701 | +181.7% |
| Taxes | 450/3 | €361 | €1,083 | +€722 | +199.8% |
| Remuneration and social security | 454/9 | €24 | €4 | -€21 | -85.4% |
| Other amounts payable | 47/48 | €26,405 | €27,614 | +€1,208 | +4.6% |
| Remuneration, social security and pensions | 62 | €28,694 | €23,872 | -€4,822 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,689 | €7,300 | +€610 | +9.1% |
| Other operating charges | 640/8 | €794 | €919 | +€125 | +15.8% |
| Gross operating margin | 9900 | €36,955 | €34,161 | -€2,794 | -7.6% |
| Operating profit (loss) | 9901 | €778 | €2,070 | +€1,292 | +166.1% |
| Financial income | 75/76B | €0 | €222 | +€222 | +63454.3% |
| Recurring financial income | 75 | €0 | €222 | +€222 | +63454.3% |
| Financial charges | 65/66B | €519 | €1,745 | +€1,227 | +236.6% |
| Recurring financial charges | 65 | €519 | €1,745 | +€1,227 | +236.6% |
| Profit (loss) for the period before taxes | 9903 | €260 | €548 | +€288 | +110.8% |
| Income taxes | 67/77 | €248 | €454 | +€205 | +82.7% |
| Profit (loss) for the period | 9904 | €11 | €94 | +€82 | +723.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11 | €94 | +€82 | +723.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.