MODUHOME RESOURCE HUB: what changed
Two financial 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.
MODUHOME RESOURCE HUB
Largest movements
- Receivables within one year +€77,527
up €77,527 (+93.5%), from €82,898 to €160,425
of which Trade receivables: +€79,907
- Tangible fixed assets -€8,300
down €8,300 (-41.1%), from €20,215 to €11,916
- Cash +€5,257
new in 2025: €5,257
mainly Net result for the year (+€38,082) and Short-term financial debts (+€12,733)
- Deferred charges and accrued income +€2,485
up €2,485 (+461%), from €539 to €3,024
- Profit (loss) carried forward +€38,082
up €38,082 (+31.3%), from -€121,817 to -€83,735
- Short-term financial debts +€12,733
up €12,733 (+20.6%), from €61,767 to €74,500
- Trade debts +€11,673
up €11,673 (+15.3%), from €76,365 to €88,038
- Other debts +€10,646
up €10,646 (+4,847%), from €220 to €10,866
- Tax, wage and social debts +€4,926
up €4,926 (+58.0%), from €8,493 to €13,419
of which Remuneration and social security: +€5,380
- Staff costs -€62,613
down €62,613 (-29.5%), from €212,279 to €149,666
- Gross operating margin -€10,118
down €10,118 (-4.7%), from €214,612 to €204,494
- Depreciation -€3,028
down €3,028 (-26.7%), from €11,328 to €8,300
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.
Derived cash bridge
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 | €118,718 | €195,686 | +€76,968 | +64.8% |
| Fixed assets | 21/28 | €35,280 | €26,981 | -€8,300 | -23.5% |
| Tangible fixed assets | 22/27 | €20,215 | €11,916 | -€8,300 | -41.1% |
| Furniture and vehicles | 24 | €20,215 | €11,916 | -€8,300 | -41.1% |
| Financial fixed assets | 28 | €15,065 | €15,065 | = | 0.0% |
| Current assets | 29/58 | €83,437 | €168,706 | +€85,268 | +102% |
| Amounts receivable within one year | 40/41 | €82,898 | €160,425 | +€77,527 | +93.5% |
| Trade receivables | 40 | €74,459 | €154,366 | +€79,907 | +107% |
| Other amounts receivable | 41 | €8,439 | €6,059 | -€2,380 | -28.2% |
| Cash at bank and in hand | 54/58 | - | €5,257 | +€5,257 | |
| Deferred charges and accrued income | 490/1 | €539 | €3,024 | +€2,485 | +461% |
| Total equity and liabilities | 10/49 | €118,718 | €195,686 | +€76,968 | +64.8% |
| Equity | 10/15 | -€29,219 | €8,862 | +€38,082 | |
| Contributions | 10/11 | €56,396 | €56,396 | = | 0.0% |
| Reserves | 13 | €36,202 | €36,202 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,903 | €24,903 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,903 | €24,903 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,299 | €11,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,817 | -€83,735 | +€38,082 | +31.3% |
| Amounts payable | 17/49 | €147,937 | €186,824 | +€38,887 | +26.3% |
| Amounts payable within one year | 42/48 | €146,845 | €186,824 | +€39,978 | +27.2% |
| Financial debts | 43 | €61,767 | €74,500 | +€12,733 | +20.6% |
| Credit institutions | 430/8 | €61,767 | €74,500 | +€12,733 | +20.6% |
| Trade debts | 44 | €76,365 | €88,038 | +€11,673 | +15.3% |
| Suppliers | 440/4 | €76,365 | €88,038 | +€11,673 | +15.3% |
| Taxes, remuneration and social security | 45 | €8,493 | €13,419 | +€4,926 | +58.0% |
| Taxes | 450/3 | €454 | - | -€454 | |
| Remuneration and social security | 454/9 | €8,039 | €13,419 | +€5,380 | +66.9% |
| Other amounts payable | 47/48 | €220 | €10,866 | +€10,646 | +4,847% |
| Accrued charges and deferred income | 492/3 | €1,092 | - | -€1,092 | |
| Remuneration, social security and pensions | 62 | €212,279 | €149,666 | -€62,613 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,328 | €8,300 | -€3,028 | -26.7% |
| Other operating charges | 640/8 | €1,242 | €2,182 | +€939 | +75.6% |
| Gross operating margin | 9900 | €214,612 | €204,494 | -€10,118 | -4.7% |
| Operating profit (loss) | 9901 | -€10,237 | €44,347 | +€54,583 | |
| Financial income | 75/76B | €4 | €167 | +€163 | +3,996% |
| Recurring financial income | 75 | €4 | €167 | +€163 | +3,996% |
| Financial charges | 65/66B | €4,656 | €6,432 | +€1,776 | +38.1% |
| Recurring financial charges | 65 | €4,656 | €6,432 | +€1,776 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,889 | €38,082 | +€52,970 | |
| Profit (loss) for the period | 9904 | -€14,889 | €38,082 | +€52,970 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,889 | €38,082 | +€52,970 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.