Modubuild Belgium: 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.
What changed
Modubuild Belgium
NACE 43.350, Other building finishing work
fiscal year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
-
31-12-2024 · -€45,534+€45,534
Equity
€63,117
31-12-2024 · €63,117
Cash
€21,978
31-12-2024 · €21,240+€738
Balance sheet total
€70,617
31-12-2024 · €77,617-€7,000
Largest movements
Assets
- Receivables within one year -€7,738
down €7,738 (-13.7%), from €56,377 to €48,640
Equity and liabilities
- Trade debts -€7,000
down €7,000 (-48.3%), from €14,500 to €7,500
Income statement
- Gross operating margin +€45,534
no longer reported in 2025 (was -€45,534)
From the 31-12-2024 result to the 31-12-2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,617 | €70,617 | -€7,000 | -9.0% |
| Current assets | 29/58 | €77,617 | €70,617 | -€7,000 | -9.0% |
| Amounts receivable within one year | 40/41 | €56,377 | €48,640 | -€7,738 | -13.7% |
| Other amounts receivable | 41 | €56,377 | €48,640 | -€7,738 | -13.7% |
| Cash at bank and in hand | 54/58 | €21,240 | €21,978 | +€738 | +3.5% |
| Total equity and liabilities | 10/49 | €77,617 | €70,617 | -€7,000 | -9.0% |
| Equity | 10/15 | €63,117 | €63,117 | = | 0.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,117 | €13,117 | = | 0.0% |
| Amounts payable | 17/49 | €14,500 | €7,500 | -€7,000 | -48.3% |
| Amounts payable within one year | 42/48 | €14,500 | €7,500 | -€7,000 | -48.3% |
| Trade debts | 44 | €14,500 | €7,500 | -€7,000 | -48.3% |
| Suppliers | 440/4 | €14,500 | €7,500 | -€7,000 | -48.3% |
| Non-recurring operating income | 76A | €11,975 | - | -€11,975 | |
| Gross operating margin | 9900 | -€45,534 | - | +€45,534 | |
| Operating profit (loss) | 9901 | -€45,534 | - | +€45,534 | |
| Profit (loss) for the period before taxes | 9903 | -€45,534 | - | +€45,534 | |
| Profit (loss) for the period | 9904 | -€45,534 | - | +€45,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,534 | - | +€45,534 |
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 6 October 2026 via checked.be.