Molarah: 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.
Molarah
Largest movements
- Cash -€9,860
down €9,860 (-12.7%), from €77,457 to €67,597
mainly Contributions, distributions and other (-€68,565) and Other debts (-€11,885)
- Receivables within one year -€2,441
down €2,441 (-29.7%), from €8,213 to €5,772
- Tangible fixed assets +€1,177
up €1,177 (+73.5%), from €1,601 to €2,778
- Other debts -€11,885
down €11,885 (-14.8%), from €80,449 to €68,565
- Tax, wage and social debts +€2,725
new in 2025: €2,725
- Trade debts -€2,291
down €2,291 (-60.4%), from €3,795 to €1,504
- Gross operating margin -€17,192
down €17,192 (-16.1%), from €106,647 to €89,455
- Taxes -€3,529
down €3,529 (-16.5%), from €21,378 to €17,850
- Depreciation -€1,677
down €1,677 (-42.1%), from €3,987 to €2,310
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 | €88,632 | €76,794 | -€11,838 | -13.4% |
| Fixed assets | 21/28 | €1,601 | €2,778 | +€1,177 | +73.5% |
| Tangible fixed assets | 22/27 | €1,601 | €2,778 | +€1,177 | +73.5% |
| Furniture and vehicles | 24 | €1,601 | €2,778 | +€1,177 | +73.5% |
| Current assets | 29/58 | €87,030 | €74,016 | -€13,015 | -15.0% |
| Amounts receivable within one year | 40/41 | €8,213 | €5,772 | -€2,441 | -29.7% |
| Other amounts receivable | 41 | €8,213 | €5,772 | -€2,441 | -29.7% |
| Cash at bank and in hand | 54/58 | €77,457 | €67,597 | -€9,860 | -12.7% |
| Deferred charges and accrued income | 490/1 | €1,361 | €647 | -€714 | -52.5% |
| Total equity and liabilities | 10/49 | €88,632 | €76,794 | -€11,838 | -13.4% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable | 17/49 | €84,632 | €72,794 | -€11,838 | -14.0% |
| Amounts payable within one year | 42/48 | €84,244 | €72,794 | -€11,451 | -13.6% |
| Trade debts | 44 | €3,795 | €1,504 | -€2,291 | -60.4% |
| Suppliers | 440/4 | €3,795 | €1,504 | -€2,291 | -60.4% |
| Taxes, remuneration and social security | 45 | - | €2,725 | +€2,725 | |
| Taxes | 450/3 | - | €2,725 | +€2,725 | |
| Other amounts payable | 47/48 | €80,449 | €68,565 | -€11,885 | -14.8% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,987 | €2,310 | -€1,677 | -42.1% |
| Other operating charges | 640/8 | €783 | €665 | -€118 | -15.0% |
| Gross operating margin | 9900 | €106,647 | €89,455 | -€17,192 | -16.1% |
| Operating profit (loss) | 9901 | €101,877 | €86,479 | -€15,397 | -15.1% |
| Financial charges | 65/66B | €49 | €65 | +€16 | +33.6% |
| Recurring financial charges | 65 | €49 | €65 | +€16 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €101,828 | €86,414 | -€15,414 | -15.1% |
| Income taxes | 67/77 | €21,378 | €17,850 | -€3,529 | -16.5% |
| Profit (loss) for the period | 9904 | €80,449 | €68,565 | -€11,885 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,449 | €68,565 | -€11,885 | -14.8% |
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.