Modulo Automotive: 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.
Modulo Automotive
Largest movements
- Cash -€24,690
down €24,690 (-16.7%), from €147,687 to €122,998
mainly Contributions, distributions and other (-€41,221) and Net result for the year (-€25,846)
- Tangible fixed assets -€22,380
down €22,380 (-12.9%), from €173,397 to €151,017
of which Furniture and vehicles: -€11,789
- Reserves -€43,303
down €43,303 (-15.5%), from €278,925 to €235,622
of which Distributable reserves: -€41,221
- Profit (loss) carried forward -€23,763
down €23,763 (-54.6%), from €43,540 to €19,777
- Other debts +€22,684
up €22,684 (+594%), from €3,819 to €26,503
- Gross operating margin -€9,931
down €9,931 (-66.7%), from €14,883 to €4,952
- Depreciation +€5,603
up €5,603 (+28.6%), from €19,595 to €25,198
- Financial charges +€1,100
up €1,100 (+228%), from €481 to €1,581
- Other operating charges -€828
down €828 (-16.9%), from €4,900 to €4,072
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 | €351,581 | €306,709 | -€44,872 | -12.8% |
| Fixed assets | 21/28 | €173,397 | €151,017 | -€22,380 | -12.9% |
| Tangible fixed assets | 22/27 | €173,397 | €151,017 | -€22,380 | -12.9% |
| Land and buildings | 22 | €112,931 | €103,702 | -€9,229 | -8.2% |
| Plant, machinery and equipment | 23 | €8,235 | €6,873 | -€1,362 | -16.5% |
| Furniture and vehicles | 24 | €52,231 | €40,442 | -€11,789 | -22.6% |
| Current assets | 29/58 | €178,184 | €155,692 | -€22,492 | -12.6% |
| Amounts receivable within one year | 40/41 | €20,204 | €22,834 | +€2,630 | +13.0% |
| Trade receivables | 40 | €20,204 | €22,535 | +€2,331 | +11.5% |
| Other amounts receivable | 41 | - | €299 | +€299 | |
| Cash at bank and in hand | 54/58 | €147,687 | €122,998 | -€24,690 | -16.7% |
| Deferred charges and accrued income | 490/1 | €10,292 | €9,861 | -€431 | -4.2% |
| Total equity and liabilities | 10/49 | €351,581 | €306,709 | -€44,872 | -12.8% |
| Equity | 10/15 | €336,733 | €269,667 | -€67,067 | -19.9% |
| Contributions | 10/11 | €14,268 | €14,268 | = | 0.0% |
| Contributions outside capital | 11 | €14,268 | €14,268 | = | 0.0% |
| Other | 1109/19 | €14,268 | €14,268 | = | 0.0% |
| Reserves | 13 | €278,925 | €235,622 | -€43,303 | -15.5% |
| Tax-exempt reserves | 132 | €16,367 | €14,284 | -€2,083 | -12.7% |
| Distributable reserves | 133 | €262,558 | €221,338 | -€41,221 | -15.7% |
| Profit (loss) carried forward | 14 | €43,540 | €19,777 | -€23,763 | -54.6% |
| Provisions and deferred taxes | 16 | €1,305 | €785 | -€521 | -39.9% |
| Deferred taxes | 168 | €1,305 | €785 | -€521 | -39.9% |
| Amounts payable | 17/49 | €13,543 | €36,258 | +€22,715 | +168% |
| Amounts payable within one year | 42/48 | €13,436 | €34,783 | +€21,347 | +159% |
| Trade debts | 44 | €1,548 | €2,849 | +€1,300 | +84.0% |
| Suppliers | 440/4 | €1,548 | €2,849 | +€1,300 | +84.0% |
| Taxes, remuneration and social security | 45 | €8,069 | €5,431 | -€2,637 | -32.7% |
| Taxes | 450/3 | €8,069 | €5,431 | -€2,637 | -32.7% |
| Other amounts payable | 47/48 | €3,819 | €26,503 | +€22,684 | +594% |
| Accrued charges and deferred income | 492/3 | €106 | €1,475 | +€1,368 | +1,285% |
| Non-recurring operating income | 76A | €14,082 | - | -€14,082 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,595 | €25,198 | +€5,603 | +28.6% |
| Other operating charges | 640/8 | €4,900 | €4,072 | -€828 | -16.9% |
| Gross operating margin | 9900 | €14,883 | €4,952 | -€9,931 | -66.7% |
| Operating profit (loss) | 9901 | -€9,612 | -€24,317 | -€14,706 | -153% |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €481 | €1,581 | +€1,100 | +228% |
| Recurring financial charges | 65 | €481 | €1,581 | +€1,100 | +228% |
| Profit (loss) for the period before taxes | 9903 | -€10,093 | -€25,899 | -€15,806 | -157% |
| Transfer from deferred taxes | 780 | €521 | €521 | = | 0.0% |
| Income taxes | 67/77 | €534 | €468 | -€67 | -12.5% |
| Profit (loss) for the period | 9904 | -€10,107 | -€25,846 | -€15,739 | -156% |
| Transfer from tax-exempt reserves | 789 | €2,083 | €2,083 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,024 | -€23,763 | -€15,739 | -196% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.