MODUMAT: 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.
MODUMAT
Largest movements
- Receivables within one year -€10,756
down €10,756 (-9.4%), from €114,803 to €104,047
- Financial fixed assets +€5,737
new in 2025: €5,737
- Tax, wage and social debts -€4,639
no longer reported in 2025 (was €4,639)
- Purchases and services +€2,929
new in 2025: €2,929
- Financial income -€1,413
down €1,413 (-28.6%), from €4,934 to €3,521
- Gross operating margin +€534
up €534 (+15.4%), from -€3,463 to -€2,929
- Taxes -€221
no longer reported in 2025 (was €221)
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 | €117,916 | €112,258 | -€5,658 | -4.8% |
| Fixed assets | 21/28 | - | €5,737 | +€5,737 | |
| Financial fixed assets | 28 | - | €5,737 | +€5,737 | |
| Current assets | 29/58 | €117,916 | €106,521 | -€11,395 | -9.7% |
| Amounts receivable within one year | 40/41 | €114,803 | €104,047 | -€10,756 | -9.4% |
| Other amounts receivable | 41 | €114,803 | €104,047 | -€10,756 | -9.4% |
| Cash at bank and in hand | 54/58 | €3,113 | €2,474 | -€639 | -20.5% |
| Total equity and liabilities | 10/49 | €117,916 | €112,258 | -€5,658 | -4.8% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Capital | 10 | €90,000 | €90,000 | = | 0.0% |
| Issued capital | 100 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Legal reserve | 130 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,036 | €11,954 | -€82 | -0.7% |
| Amounts payable | 17/49 | €6,880 | €1,304 | -€5,576 | -81.0% |
| Amounts payable within one year | 42/48 | €6,791 | €1,207 | -€5,584 | -82.2% |
| Trade debts | 44 | €2,152 | €1,207 | -€945 | -43.9% |
| Suppliers | 440/4 | €2,152 | €1,207 | -€945 | -43.9% |
| Taxes, remuneration and social security | 45 | €4,639 | - | -€4,639 | |
| Taxes | 450/3 | €4,639 | - | -€4,639 | |
| Accrued charges and deferred income | 492/3 | €89 | €97 | +€8 | +9.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,929 | +€2,929 | |
| Gross operating margin | 9900 | -€3,463 | -€2,929 | +€534 | +15.4% |
| Operating profit (loss) | 9901 | -€3,463 | -€2,929 | +€534 | +15.4% |
| Financial income | 75/76B | €4,934 | €3,521 | -€1,413 | -28.6% |
| Recurring financial income | 75 | €4,934 | €3,521 | -€1,413 | -28.6% |
| Financial charges | 65/66B | €662 | €674 | +€12 | +1.8% |
| Recurring financial charges | 65 | €662 | €674 | +€12 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €809 | -€82 | -€891 | |
| Income taxes | 67/77 | €221 | - | -€221 | |
| Profit (loss) for the period | 9904 | €588 | -€82 | -€670 | |
| Profit (loss) for the period to be appropriated | 9905 | €588 | -€82 | -€670 |
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 8 October 2026 via checked.be.