MODULO ONE: 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.
MODULO ONE
Largest movements
- Receivables within one year +€969
up €969 (+40.6%), from €2,387 to €3,356
- Cash +€495
up €495 (+8.6%), from €5,771 to €6,266
mainly Accrued charges and deferred income (+€1,161) and Tax, wage and social debts (+€358)
- Tangible fixed assets -€249
down €249 (-23.6%), from €1,056 to €807
of which Land and buildings: -€201
- Accrued charges and deferred income +€1,161
new in 2025: €1,161
- Tax, wage and social debts +€358
up €358 (+52.6%), from €681 to €1,039
- Trade debts -€142
down €142 (-2.6%), from €5,542 to €5,400
- Profit (loss) carried forward -€116
down €116 (-2.3%), from -€5,065 to -€5,181
- Gross operating margin -€2,467
down €2,467 (-52.8%), from €4,672 to €2,205
- Other operating charges +€1,859
new in 2025: €1,859
- Depreciation -€891
down €891 (-79.0%), from €1,128 to €237
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 | €9,264 | €10,479 | +€1,215 | +13.1% |
| Fixed assets | 21/28 | €1,106 | €857 | -€249 | -22.5% |
| Tangible fixed assets | 22/27 | €1,056 | €807 | -€249 | -23.6% |
| Land and buildings | 22 | €1,008 | €807 | -€201 | -19.9% |
| Furniture and vehicles | 24 | €48 | - | -€48 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €8,158 | €9,622 | +€1,464 | +17.9% |
| Amounts receivable within one year | 40/41 | €2,387 | €3,356 | +€969 | +40.6% |
| Other amounts receivable | 41 | €2,387 | €3,356 | +€969 | +40.6% |
| Cash at bank and in hand | 54/58 | €5,771 | €6,266 | +€495 | +8.6% |
| Total equity and liabilities | 10/49 | €9,264 | €10,479 | +€1,215 | +13.1% |
| Equity | 10/15 | €2,995 | €2,879 | -€116 | -3.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,065 | -€5,181 | -€116 | -2.3% |
| Amounts payable | 17/49 | €6,269 | €7,600 | +€1,331 | +21.2% |
| Amounts payable within one year | 42/48 | €6,269 | €6,439 | +€170 | +2.7% |
| Financial debts | 43 | €46 | - | -€46 | |
| Credit institutions | 430/8 | €46 | - | -€46 | |
| Trade debts | 44 | €5,542 | €5,400 | -€142 | -2.6% |
| Suppliers | 440/4 | €5,542 | €5,400 | -€142 | -2.6% |
| Taxes, remuneration and social security | 45 | €681 | €1,039 | +€358 | +52.6% |
| Taxes | 450/3 | €681 | €1,039 | +€358 | +52.6% |
| Accrued charges and deferred income | 492/3 | - | €1,161 | +€1,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | €237 | -€891 | -79.0% |
| Other operating charges | 640/8 | - | €1,859 | +€1,859 | |
| Gross operating margin | 9900 | €4,672 | €2,205 | -€2,467 | -52.8% |
| Operating profit (loss) | 9901 | €3,544 | €109 | -€3,435 | -96.9% |
| Financial charges | 65/66B | €225 | €225 | = | 0.0% |
| Recurring financial charges | 65 | €225 | €225 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,319 | -€116 | -€3,435 | |
| Profit (loss) for the period | 9904 | €3,319 | -€116 | -€3,435 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,319 | -€116 | -€3,435 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.