MOHIMONT & VDP: 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.
MOHIMONT & VDP
Largest movements
- Receivables within one year -€146,526
down €146,526 (-70.3%), from €208,387 to €61,861
of which Trade receivables: -€147,902
- Tangible fixed assets -€44,065
down €44,065 (-21.3%), from €206,523 to €162,458
of which Furniture and vehicles: -€41,151
- Cash +€28,547
up €28,547 (+76.5%), from €37,320 to €65,867
mainly Receivables within one year (+€146,526) and Depreciation (+€55,915)
- Receivables after one year -€20,000
down €20,000 (-26.4%), from €75,700 to €55,700
- Stocks and contracts +€18,445
up €18,445 (+6.2%), from €296,221 to €314,666
- Trade debts -€150,407
down €150,407 (-73.6%), from €204,375 to €53,968
- Debts after one year -€35,714
down €35,714 (-22.7%), from €157,144 to €121,430
- Reserves +€23,889
up €23,889 (+7.6%), from €312,586 to €336,475
of which Distributable reserves: +€23,889
- Profit (loss) carried forward +€20,000
new in 2025: €20,000
- Current portion of long-term debt -€16,574
down €16,574 (-31.7%), from €52,288 to €35,714
- Gross operating margin +€27,152
up €27,152 (+28.3%), from €95,795 to €122,947
- Depreciation +€8,602
up €8,602 (+18.2%), from €47,312 to €55,915
- Financial income -€5,204
down €5,204 (-62.9%), from €8,274 to €3,070
- Taxes +€4,422
up €4,422 (+33.2%), from €13,329 to €17,751
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 | €860,962 | €698,869 | -€162,093 | -18.8% |
| Fixed assets | 21/28 | €231,930 | €187,865 | -€44,065 | -19.0% |
| Tangible fixed assets | 22/27 | €206,523 | €162,458 | -€44,065 | -21.3% |
| Land and buildings | 22 | €29,620 | €27,195 | -€2,425 | -8.2% |
| Plant, machinery and equipment | 23 | €24,943 | €24,454 | -€489 | -2.0% |
| Furniture and vehicles | 24 | €151,960 | €110,808 | -€41,151 | -27.1% |
| Financial fixed assets | 28 | €25,408 | €25,408 | = | 0.0% |
| Current assets | 29/58 | €629,032 | €511,004 | -€118,028 | -18.8% |
| Amounts receivable after more than one year | 29 | €75,700 | €55,700 | -€20,000 | -26.4% |
| Other amounts receivable | 291 | €75,700 | €55,700 | -€20,000 | -26.4% |
| Stocks and contracts in progress | 3 | €296,221 | €314,666 | +€18,445 | +6.2% |
| Stocks | 30/36 | €296,221 | €314,666 | +€18,445 | +6.2% |
| Amounts receivable within one year | 40/41 | €208,387 | €61,861 | -€146,526 | -70.3% |
| Trade receivables | 40 | €208,297 | €60,396 | -€147,902 | -71.0% |
| Other amounts receivable | 41 | €89 | €1,465 | +€1,375 | +1,539% |
| Cash at bank and in hand | 54/58 | €37,320 | €65,867 | +€28,547 | +76.5% |
| Deferred charges and accrued income | 490/1 | €11,404 | €12,911 | +€1,506 | +13.2% |
| Total equity and liabilities | 10/49 | €860,962 | €698,869 | -€162,093 | -18.8% |
| Equity | 10/15 | €412,586 | €456,475 | +€43,889 | +10.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €312,586 | €336,475 | +€23,889 | +7.6% |
| Non-distributable reserves | 130/1 | €2,321 | €2,321 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,321 | €2,321 | = | 0.0% |
| Distributable reserves | 133 | €310,265 | €334,154 | +€23,889 | +7.7% |
| Profit (loss) carried forward | 14 | - | €20,000 | +€20,000 | |
| Amounts payable | 17/49 | €448,376 | €242,394 | -€205,982 | -45.9% |
| Amounts payable after more than one year | 17 | €157,144 | €121,430 | -€35,714 | -22.7% |
| Financial debts | 170/4 | €157,144 | €121,430 | -€35,714 | -22.7% |
| Amounts payable within one year | 42/48 | €289,608 | €120,964 | -€168,644 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | €52,288 | €35,714 | -€16,574 | -31.7% |
| Trade debts | 44 | €204,375 | €53,968 | -€150,407 | -73.6% |
| Suppliers | 440/4 | €204,375 | €53,968 | -€150,407 | -73.6% |
| Taxes, remuneration and social security | 45 | €8,287 | €8,847 | +€560 | +6.8% |
| Taxes | 450/3 | €8,287 | €8,847 | +€560 | +6.8% |
| Other amounts payable | 47/48 | €24,659 | €22,435 | -€2,224 | -9.0% |
| Accrued charges and deferred income | 492/3 | €1,624 | €0 | -€1,624 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,312 | €55,915 | +€8,602 | +18.2% |
| Other operating charges | 640/8 | €2,228 | €2,074 | -€154 | -6.9% |
| Gross operating margin | 9900 | €95,795 | €122,947 | +€27,152 | +28.3% |
| Operating profit (loss) | 9901 | €46,255 | €64,959 | +€18,703 | +40.4% |
| Financial income | 75/76B | €8,274 | €3,070 | -€5,204 | -62.9% |
| Recurring financial income | 75 | €8,274 | €3,070 | -€5,204 | -62.9% |
| Financial charges | 65/66B | €6,451 | €6,388 | -€63 | -1.0% |
| Recurring financial charges | 65 | €6,451 | €6,388 | -€63 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €48,078 | €61,640 | +€13,562 | +28.2% |
| Income taxes | 67/77 | €13,329 | €17,751 | +€4,422 | +33.2% |
| Profit (loss) for the period | 9904 | €34,750 | €43,889 | +€9,139 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,750 | €43,889 | +€9,139 | +26.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.