MODULUS: 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.
MODULUS
Largest movements
- Receivables within one year +€1,579
up €1,579 (+1.9%), from €82,114 to €83,693
of which Trade receivables: +€3,630
- Reserves +€1,967
up €1,967 (+3.8%), from €52,128 to €54,095
- Trade debts -€1,791
down €1,791 (-35.6%), from €5,038 to €3,247
- Tax, wage and social debts +€879
up €879 (+107.6%), from €817 to €1,695
- Gross operating margin +€1,387
up €1,387 (+436.7%), from €318 to €1,705
- Taxes +€373
up €373 (+99.6%), from €374 to €747
- Other operating charges +€89
up €89 (+63.1%), from €141 to €229
- Financial income +€23
up €23 (+1.9%), from €1,215 to €1,238
- Financial charges -€19
down €19 (-100.0%), from €19 to €0
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 | €82,983 | €84,037 | +€1,054 | +1.3% |
| Current assets | 29/58 | €82,983 | €84,037 | +€1,054 | +1.3% |
| Amounts receivable within one year | 40/41 | €82,114 | €83,693 | +€1,579 | +1.9% |
| Trade receivables | 40 | €0 | €3,630 | +€3,630 | |
| Other amounts receivable | 41 | €82,114 | €80,063 | -€2,051 | -2.5% |
| Cash at bank and in hand | 54/58 | €395 | €344 | -€51 | -13.0% |
| Deferred charges and accrued income | 490/1 | €474 | €0 | -€474 | -100.0% |
| Total equity and liabilities | 10/49 | €82,983 | €84,037 | +€1,054 | +1.3% |
| Equity | 10/15 | €77,128 | €79,095 | +€1,967 | +2.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €52,128 | €54,095 | +€1,967 | +3.8% |
| Distributable reserves | 133 | €52,128 | €54,095 | +€1,967 | +3.8% |
| Amounts payable | 17/49 | €5,855 | €4,942 | -€913 | -15.6% |
| Amounts payable within one year | 42/48 | €5,855 | €4,942 | -€913 | -15.6% |
| Trade debts | 44 | €5,038 | €3,247 | -€1,791 | -35.6% |
| Suppliers | 440/4 | €5,038 | €3,247 | -€1,791 | -35.6% |
| Taxes, remuneration and social security | 45 | €817 | €1,695 | +€879 | +107.6% |
| Taxes | 450/3 | €817 | €1,695 | +€879 | +107.6% |
| Other operating charges | 640/8 | €141 | €229 | +€89 | +63.1% |
| Gross operating margin | 9900 | €318 | €1,705 | +€1,387 | +436.7% |
| Operating profit (loss) | 9901 | €177 | €1,476 | +€1,298 | +733.1% |
| Financial income | 75/76B | €1,215 | €1,238 | +€23 | +1.9% |
| Recurring financial income | 75 | €1,215 | €1,238 | +€23 | +1.9% |
| Financial charges | 65/66B | €19 | €0 | -€19 | -100.0% |
| Recurring financial charges | 65 | €19 | €0 | -€19 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €1,373 | €2,713 | +€1,341 | +97.7% |
| Income taxes | 67/77 | €374 | €747 | +€373 | +99.6% |
| Profit (loss) for the period | 9904 | €999 | €1,967 | +€968 | +96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €999 | €1,967 | +€968 | +96.9% |
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 5 October 2026 via checked.be.