MOLENBERGHS: 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.
MOLENBERGHS
Largest movements
- Receivables within one year -€28,203
down €28,203 (-82.5%), from €34,188 to €5,985
of which Trade receivables: -€24,130
- Cash +€13,960
up €13,960 (+58.2%), from €24,001 to €37,961
mainly Receivables within one year (+€28,203) and Net result for the year (+€3,812)
- Current investments +€4,275
up €4,275 (+6.7%), from €64,029 to €68,304
- Trade debts -€11,771
down €11,771 (-28.3%), from €41,533 to €29,761
- Profit (loss) carried forward +€3,812
up €3,812 (+3.7%), from €103,524 to €107,336
- Financial income +€1,156
up €1,156 (+914%), from €127 to €1,283
- Taxes +€932
new in 2025: €932
- Gross operating margin -€697
down €697 (-9.9%), from €7,006 to €6,309
- Financial charges -€251
down €251 (-24.8%), from €1,015 to €764
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 | €166,935 | €158,254 | -€8,681 | -5.2% |
| Fixed assets | 21/28 | €9,061 | €9,993 | +€932 | +10.3% |
| Tangible fixed assets | 22/27 | €9,061 | €9,993 | +€932 | +10.3% |
| Land and buildings | 22 | €9,061 | €8,801 | -€260 | -2.9% |
| Plant, machinery and equipment | 23 | - | €1,192 | +€1,192 | |
| Furniture and vehicles | 24 | - | €0 | +€0 | |
| Current assets | 29/58 | €157,874 | €148,261 | -€9,614 | -6.1% |
| Stocks and contracts in progress | 3 | €35,656 | €35,139 | -€517 | -1.5% |
| Stocks | 30/36 | €35,656 | €35,139 | -€517 | -1.5% |
| Amounts receivable within one year | 40/41 | €34,188 | €5,985 | -€28,203 | -82.5% |
| Trade receivables | 40 | €28,568 | €4,438 | -€24,130 | -84.5% |
| Other amounts receivable | 41 | €5,621 | €1,547 | -€4,073 | -72.5% |
| Current investments | 50/53 | €64,029 | €68,304 | +€4,275 | +6.7% |
| Cash at bank and in hand | 54/58 | €24,001 | €37,961 | +€13,960 | +58.2% |
| Deferred charges and accrued income | 490/1 | - | €872 | +€872 | |
| Total equity and liabilities | 10/49 | €166,935 | €158,254 | -€8,681 | -5.2% |
| Equity | 10/15 | €123,984 | €127,796 | +€3,812 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,524 | €107,336 | +€3,812 | +3.7% |
| Amounts payable | 17/49 | €42,951 | €30,458 | -€12,493 | -29.1% |
| Amounts payable within one year | 42/48 | €42,951 | €30,458 | -€12,493 | -29.1% |
| Trade debts | 44 | €41,533 | €29,761 | -€11,771 | -28.3% |
| Suppliers | 440/4 | €41,533 | €29,761 | -€11,771 | -28.3% |
| Taxes, remuneration and social security | 45 | €1,418 | €696 | -€722 | -50.9% |
| Taxes | 450/3 | €1,418 | €696 | -€722 | -50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €319 | +€60 | +23.0% |
| Other operating charges | 640/8 | €1,726 | €1,765 | +€39 | +2.2% |
| Gross operating margin | 9900 | €7,006 | €6,309 | -€697 | -9.9% |
| Operating profit (loss) | 9901 | €5,020 | €4,225 | -€795 | -15.8% |
| Financial income | 75/76B | €127 | €1,283 | +€1,156 | +914% |
| Recurring financial income | 75 | €127 | €1,283 | +€1,156 | +914% |
| Financial charges | 65/66B | €1,015 | €764 | -€251 | -24.8% |
| Recurring financial charges | 65 | €1,015 | €764 | -€251 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €4,131 | €4,744 | +€612 | +14.8% |
| Income taxes | 67/77 | - | €932 | +€932 | |
| Profit (loss) for the period | 9904 | €4,131 | €3,812 | -€319 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,131 | €3,812 | -€319 | -7.7% |
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 25 October 2026 via checked.be.