MOLENBERG: 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.
MOLENBERG
Largest movements
- Receivables within one year +€38,955
up €38,955 (+274.1%), from €14,213 to €53,169
of which Other amounts receivable: +€43,092
- Cash +€16,332
up €16,332 (+52.3%), from €31,243 to €47,575
mainly Net result for the year (+€52,141) and Other debts (+€37,770)
- Tangible fixed assets -€6,211
down €6,211 (-3.3%), from €187,899 to €181,688
of which Land and buildings: -€5,533
- Other debts +€37,770
up €37,770 (+1425.3%), from €2,650 to €40,420
- Tax, wage and social debts +€9,166
up €9,166 (+157.1%), from €5,834 to €15,000
- Taxes -€15,576
no longer reported in 2025 (was €15,576)
- Gross operating margin +€5,517
up €5,517 (+7.9%), from €69,839 to €75,356
- Depreciation +€4,192
up €4,192 (+28.5%), from €14,722 to €18,914
- Financial income +€897
up €897 (+164.5%), from €545 to €1,442
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 | €233,355 | €282,432 | +€49,076 | +21.0% |
| Fixed assets | 21/28 | €187,899 | €181,688 | -€6,211 | -3.3% |
| Tangible fixed assets | 22/27 | €187,899 | €181,688 | -€6,211 | -3.3% |
| Land and buildings | 22 | €185,057 | €179,523 | -€5,533 | -3.0% |
| Plant, machinery and equipment | 23 | €2,843 | €2,165 | -€678 | -23.8% |
| Current assets | 29/58 | €45,456 | €100,743 | +€55,287 | +121.6% |
| Amounts receivable within one year | 40/41 | €14,213 | €53,169 | +€38,955 | +274.1% |
| Trade receivables | 40 | €4,142 | €4 | -€4,137 | -99.9% |
| Other amounts receivable | 41 | €10,072 | €53,164 | +€43,092 | +427.9% |
| Cash at bank and in hand | 54/58 | €31,243 | €47,575 | +€16,332 | +52.3% |
| Total equity and liabilities | 10/49 | €233,355 | €282,432 | +€49,076 | +21.0% |
| Equity | 10/15 | €224,871 | €227,012 | +€2,141 | +1.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €162,898 | €165,038 | +€2,141 | +1.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €156,700 | €158,841 | +€2,141 | +1.4% |
| Amounts payable | 17/49 | €8,484 | €55,420 | +€46,936 | +553.2% |
| Amounts payable within one year | 42/48 | €8,484 | €55,420 | +€46,936 | +553.2% |
| Taxes, remuneration and social security | 45 | €5,834 | €15,000 | +€9,166 | +157.1% |
| Taxes | 450/3 | €5,834 | €15,000 | +€9,166 | +157.1% |
| Other amounts payable | 47/48 | €2,650 | €40,420 | +€37,770 | +1425.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,722 | €18,914 | +€4,192 | +28.5% |
| Other operating charges | 640/8 | €6,224 | €5,533 | -€691 | -11.1% |
| Gross operating margin | 9900 | €69,839 | €75,356 | +€5,517 | +7.9% |
| Operating profit (loss) | 9901 | €48,894 | €50,909 | +€2,015 | +4.1% |
| Financial income | 75/76B | €545 | €1,442 | +€897 | +164.5% |
| Recurring financial income | 75 | €545 | €1,442 | +€897 | +164.5% |
| Financial charges | 65/66B | €205 | €211 | +€6 | +3.0% |
| Recurring financial charges | 65 | €205 | €211 | +€6 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €49,234 | €52,141 | +€2,906 | +5.9% |
| Income taxes | 67/77 | €15,576 | - | -€15,576 | |
| Profit (loss) for the period | 9904 | €33,659 | €52,141 | +€18,482 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,659 | €52,141 | +€18,482 | +54.9% |
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 9 October 2026 via checked.be.