MOLENBAAN: 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.
MOLENBAAN
Largest movements
- Tangible fixed assets -€15,426
down €15,426 (-7.8%), from €197,934 to €182,509
of which Land and buildings: -€13,768
- Profit (loss) carried forward -€14,772
down €14,772 (-10.7%), from -€137,579 to -€152,351
- Other debts +€4,592
up €4,592 (+2.7%), from €169,871 to €174,463
- Gross operating margin +€426
up €426 (+3.2%), from €13,228 to €13,654
- Financial charges +€270
up €270 (+4.0%), from €6,737 to €7,007
- Other operating charges +€181
up €181 (+3.1%), from €5,812 to €5,993
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 | €405,487 | €396,243 | -€9,244 | -2.3% |
| Fixed assets | 21/28 | €197,934 | €182,509 | -€15,426 | -7.8% |
| Tangible fixed assets | 22/27 | €197,934 | €182,509 | -€15,426 | -7.8% |
| Land and buildings | 22 | €192,988 | €179,220 | -€13,768 | -7.1% |
| Plant, machinery and equipment | 23 | €4,946 | €3,289 | -€1,657 | -33.5% |
| Current assets | 29/58 | €207,552 | €213,734 | +€6,182 | +3.0% |
| Amounts receivable within one year | 40/41 | €105,810 | €105,885 | +€75 | +0.1% |
| Trade receivables | 40 | €125 | €200 | +€75 | +60.0% |
| Other amounts receivable | 41 | €105,685 | €105,685 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,214 | €17,705 | +€2,491 | +16.4% |
| Deferred charges and accrued income | 490/1 | €86,528 | €90,144 | +€3,616 | +4.2% |
| Total equity and liabilities | 10/49 | €405,487 | €396,243 | -€9,244 | -2.3% |
| Equity | 10/15 | €229,056 | €214,284 | -€14,772 | -6.4% |
| Contributions | 10/11 | €366,635 | €366,635 | = | 0.0% |
| Capital | 10 | €366,635 | €366,635 | = | 0.0% |
| Issued capital | 100 | €366,635 | €366,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,579 | -€152,351 | -€14,772 | -10.7% |
| Amounts payable | 17/49 | €176,431 | €181,959 | +€5,528 | +3.1% |
| Amounts payable within one year | 42/48 | €169,871 | €175,319 | +€5,448 | +3.2% |
| Trade debts | 44 | - | €856 | +€856 | |
| Suppliers | 440/4 | - | €856 | +€856 | |
| Other amounts payable | 47/48 | €169,871 | €174,463 | +€4,592 | +2.7% |
| Accrued charges and deferred income | 492/3 | €6,560 | €6,640 | +€80 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,426 | €15,426 | = | 0.0% |
| Other operating charges | 640/8 | €5,812 | €5,993 | +€181 | +3.1% |
| Gross operating margin | 9900 | €13,228 | €13,654 | +€426 | +3.2% |
| Operating profit (loss) | 9901 | -€8,010 | -€7,765 | +€246 | +3.1% |
| Financial charges | 65/66B | €6,737 | €7,007 | +€270 | +4.0% |
| Recurring financial charges | 65 | €6,737 | €7,007 | +€270 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,747 | -€14,772 | -€25 | -0.2% |
| Profit (loss) for the period | 9904 | -€14,747 | -€14,772 | -€25 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,747 | -€14,772 | -€25 | -0.2% |
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 18 October 2026 via checked.be.