MOLAIR: 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.
MOLAIR
Largest movements
- Tangible fixed assets -€19,041
down €19,041 (-7.8%), from €244,716 to €225,675
- Deferred charges and accrued income +€5,890
new in 2025: €5,890
- Profit (loss) carried forward -€19,108
down €19,108 (-11.6%), from -€164,515 to -€183,623
- Other debts +€5,600
up €5,600 (+5.0%), from €111,931 to €117,531
- Gross operating margin -€108,864
down €108,864 (-99.8%), from €109,070 to €206
- Financial charges -€30,501
down €30,501 (-99.1%), from €30,775 to €273
- Other operating charges -€3,818
no longer reported in 2025 (was €3,818)
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 | €254,224 | €240,716 | -€13,508 | -5.3% |
| Fixed assets | 21/28 | €249,716 | €230,675 | -€19,041 | -7.6% |
| Tangible fixed assets | 22/27 | €244,716 | €225,675 | -€19,041 | -7.8% |
| Land and buildings | 22 | €244,716 | €225,675 | -€19,041 | -7.8% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €4,508 | €10,041 | +€5,533 | +122.7% |
| Amounts receivable within one year | 40/41 | €995 | €500 | -€495 | -49.7% |
| Other amounts receivable | 41 | €995 | €500 | -€495 | -49.7% |
| Cash at bank and in hand | 54/58 | €3,513 | €3,651 | +€137 | +3.9% |
| Deferred charges and accrued income | 490/1 | - | €5,890 | +€5,890 | |
| Total equity and liabilities | 10/49 | €254,224 | €240,716 | -€13,508 | -5.3% |
| Equity | 10/15 | €138,485 | €119,377 | -€19,108 | -13.8% |
| Contributions | 10/11 | €303,000 | €303,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,515 | -€183,623 | -€19,108 | -11.6% |
| Amounts payable | 17/49 | €115,739 | €121,339 | +€5,600 | +4.8% |
| Amounts payable after more than one year | 17 | €3,700 | €3,700 | = | 0.0% |
| Other amounts payable | 178/9 | €3,700 | €3,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €112,039 | €117,639 | +€5,600 | +5.0% |
| Trade debts | 44 | €108 | €108 | = | 0.0% |
| Suppliers | 440/4 | €108 | €108 | = | 0.0% |
| Other amounts payable | 47/48 | €111,931 | €117,531 | +€5,600 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,041 | €19,041 | = | 0.0% |
| Other operating charges | 640/8 | €3,818 | - | -€3,818 | |
| Gross operating margin | 9900 | €109,070 | €206 | -€108,864 | -99.8% |
| Operating profit (loss) | 9901 | €86,212 | -€18,834 | -€105,046 | |
| Financial charges | 65/66B | €30,775 | €273 | -€30,501 | -99.1% |
| Recurring financial charges | 65 | €30,775 | €273 | -€30,501 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | €55,437 | -€19,108 | -€74,545 | |
| Profit (loss) for the period | 9904 | €55,437 | -€19,108 | -€74,545 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,437 | -€19,108 | -€74,545 |
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 3 October 2026 via checked.be.