MOLARIS: 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.
MOLARIS
Largest movements
- Cash +€167,914
up €167,914 (+448%), from €37,508 to €205,421
mainly Net result for the year (+€170,118) and Depreciation (+€89,722)
- Tangible fixed assets -€54,704
down €54,704 (-3.2%), from €1.7m to €1.6m
of which Land and buildings: -€41,924
- Current portion of long-term debt +€79,391
new in 2025: €79,391
- Profit (loss) carried forward -€31,501
down €31,501 (-99.6%), from €31,620 to €118
- Debts after one year +€24,407
up €24,407 (+1.4%), from €1.8m to €1.8m
- Gross operating margin +€244,791
up €244,791 (+217%), from €113,027 to €357,818
- Taxes +€42,087
up €42,087 (+13,515%), from €311 to €42,398
- Depreciation +€32,900
up €32,900 (+57.9%), from €56,822 to €89,722
- Staff costs +€27,731
new in 2025: €27,731
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 | €1,789,648 | €1,884,676 | +€95,028 | +5.3% |
| Fixed assets | 21/28 | €1,683,870 | €1,629,166 | -€54,704 | -3.2% |
| Tangible fixed assets | 22/27 | €1,683,870 | €1,629,166 | -€54,704 | -3.2% |
| Land and buildings | 22 | €1,447,581 | €1,405,657 | -€41,924 | -2.9% |
| Plant, machinery and equipment | 23 | €236,289 | €223,509 | -€12,780 | -5.4% |
| Current assets | 29/58 | €105,778 | €255,510 | +€149,732 | +142% |
| Stocks and contracts in progress | 3 | €30,000 | €30,000 | = | 0.0% |
| Stocks | 30/36 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,449 | €20,089 | -€17,360 | -46.4% |
| Trade receivables | 40 | €1,950 | - | -€1,950 | |
| Other amounts receivable | 41 | €35,499 | €20,089 | -€15,410 | -43.4% |
| Cash at bank and in hand | 54/58 | €37,508 | €205,421 | +€167,914 | +448% |
| Deferred charges and accrued income | 490/1 | €822 | - | -€822 | |
| Total equity and liabilities | 10/49 | €1,789,648 | €1,884,676 | +€95,028 | +5.3% |
| Equity | 10/15 | €32,550 | €1,048 | -€31,501 | -96.8% |
| Contributions | 10/11 | €930 | €930 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,620 | €118 | -€31,501 | -99.6% |
| Amounts payable | 17/49 | €1,757,098 | €1,883,628 | +€126,530 | +7.2% |
| Amounts payable after more than one year | 17 | €1,754,194 | €1,778,601 | +€24,407 | +1.4% |
| Financial debts | 170/4 | €1,754,194 | €1,778,601 | +€24,407 | +1.4% |
| Amounts payable within one year | 42/48 | €2,904 | €105,027 | +€102,123 | +3,516% |
| Current portion of amounts payable after more than one year | 42 | - | €79,391 | +€79,391 | |
| Financial debts | 43 | €3 | - | -€3 | |
| Credit institutions | 430/8 | €3 | - | -€3 | |
| Trade debts | 44 | €1,429 | €7,469 | +€6,040 | +423% |
| Suppliers | 440/4 | €1,429 | €7,469 | +€6,040 | +423% |
| Taxes, remuneration and social security | 45 | €963 | €18,090 | +€17,127 | +1,779% |
| Taxes | 450/3 | €963 | €18,090 | +€17,127 | +1,779% |
| Other amounts payable | 47/48 | €510 | €77 | -€433 | -84.9% |
| Remuneration, social security and pensions | 62 | - | €27,731 | +€27,731 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,822 | €89,722 | +€32,900 | +57.9% |
| Other operating charges | 640/8 | €2,327 | €4,464 | +€2,137 | +91.8% |
| Gross operating margin | 9900 | €113,027 | €357,818 | +€244,791 | +217% |
| Operating profit (loss) | 9901 | €53,878 | €235,903 | +€182,024 | +338% |
| Financial income | 75/76B | €1,749 | - | -€1,749 | |
| Recurring financial income | 75 | €1,749 | - | -€1,749 | |
| Financial charges | 65/66B | €23,696 | €23,386 | -€310 | -1.3% |
| Recurring financial charges | 65 | €23,696 | €23,386 | -€310 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €31,931 | €212,517 | +€180,586 | +566% |
| Income taxes | 67/77 | €311 | €42,398 | +€42,087 | +13,515% |
| Profit (loss) for the period | 9904 | €31,620 | €170,118 | +€138,499 | +438% |
| Profit (loss) for the period to be appropriated | 9905 | €31,620 | €170,118 | +€138,499 | +438% |
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 19 October 2026 via checked.be.