MODUSCREEN: 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.
MODUSCREEN
Largest movements
- Tangible fixed assets -€18,631
down €18,631 (-63.1%), from €29,506 to €10,876
of which Plant, machinery and equipment: -€10,797
- Cash -€8,266
down €8,266 (-81.1%), from €10,187 to €1,921
mainly Net result for the year (-€11,099) and Short-term financial debts (-€5,173)
- Receivables within one year +€3,844
up €3,844 (+215.8%), from €1,781 to €5,626
of which Trade receivables: +€3,204
- Profit (loss) carried forward -€11,099
down €11,099 (-39.1%), from -€28,387 to -€39,485
- Short-term financial debts -€5,173
down €5,173 (-74.7%), from €6,923 to €1,750
- Trade debts -€4,475
down €4,475 (-29.9%), from €14,973 to €10,498
- Debts after one year -€2,215
down €2,215 (-12.0%), from €18,487 to €16,272
of which Financial debts: -€1,750
- Staff costs -€7,576
no longer reported in 2024 (was €7,576)
- Gross operating margin +€7,043
up €7,043 (+544.5%), from €1,293 to €8,336
- Depreciation -€1,228
down €1,228 (-6.1%), from €20,126 to €18,897
- Other operating charges -€171
down €171 (-24.1%), from €709 to €538
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,243 | €19,034 | -€23,209 | -54.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €29,944 | €11,047 | -€18,897 | -63.1% |
| Intangible fixed assets | 21 | €438 | €171 | -€267 | -60.9% |
| Tangible fixed assets | 22/27 | €29,506 | €10,876 | -€18,631 | -63.1% |
| Plant, machinery and equipment | 23 | €20,217 | €9,420 | -€10,797 | -53.4% |
| Furniture and vehicles | 24 | €9,289 | €1,456 | -€7,833 | -84.3% |
| Current assets | 29/58 | €12,299 | €7,988 | -€4,311 | -35.1% |
| Amounts receivable within one year | 40/41 | €1,781 | €5,626 | +€3,844 | +215.8% |
| Trade receivables | 40 | €1,781 | €4,986 | +€3,204 | +179.9% |
| Other amounts receivable | 41 | - | €640 | +€640 | |
| Cash at bank and in hand | 54/58 | €10,187 | €1,921 | -€8,266 | -81.1% |
| Deferred charges and accrued income | 490/1 | €331 | €441 | +€110 | +33.2% |
| Total equity and liabilities | 10/49 | €42,243 | €19,034 | -€23,209 | -54.9% |
| Equity | 10/15 | €1,613 | -€9,485 | -€11,099 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,387 | -€39,485 | -€11,099 | -39.1% |
| Amounts payable | 17/49 | €40,629 | €28,520 | -€12,110 | -29.8% |
| Amounts payable after more than one year | 17 | €18,487 | €16,272 | -€2,215 | -12.0% |
| Financial debts | 170/4 | €17,750 | €16,000 | -€1,750 | -9.9% |
| Other amounts payable | 178/9 | €737 | €272 | -€465 | -63.1% |
| Amounts payable within one year | 42/48 | €22,143 | €12,247 | -€9,895 | -44.7% |
| Financial debts | 43 | €6,923 | €1,750 | -€5,173 | -74.7% |
| Credit institutions | 430/8 | €6,923 | €1,750 | -€5,173 | -74.7% |
| Trade debts | 44 | €14,973 | €10,498 | -€4,475 | -29.9% |
| Suppliers | 440/4 | €14,973 | €10,498 | -€4,475 | -29.9% |
| Taxes, remuneration and social security | 45 | €247 | - | -€247 | |
| Taxes | 450/3 | €247 | - | -€247 | |
| Non-recurring operating income | 76A | €3,010 | - | -€3,010 | |
| Remuneration, social security and pensions | 62 | €7,576 | - | -€7,576 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,126 | €18,897 | -€1,228 | -6.1% |
| Other operating charges | 640/8 | €709 | €538 | -€171 | -24.1% |
| Gross operating margin | 9900 | €1,293 | €8,336 | +€7,043 | +544.5% |
| Operating profit (loss) | 9901 | -€27,118 | -€11,100 | +€16,018 | +59.1% |
| Financial income | 75/76B | €28 | €1 | -€27 | -97.2% |
| Recurring financial income | 75 | €28 | €1 | -€27 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | -€27,090 | -€11,099 | +€15,991 | +59.0% |
| Profit (loss) for the period | 9904 | -€27,090 | -€11,099 | +€15,991 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,090 | -€11,099 | +€15,991 | +59.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.