Molengeek: 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.
Molengeek
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+42.9%), from €2.8m to €4.0m
of which Other amounts receivable: +€939,264
- Cash -€705,205
down €705,205 (-70.1%), from €1.0m to €300,629
mainly Receivables within one year (-€1.2m) and Net result for the year (-€678,593)
- Tangible fixed assets -€92,633
down €92,633 (-50.3%), from €184,143 to €91,510
- Trade debts +€1.3m
up €1.3m (+60.5%), from €2.1m to €3.3m
- Reserves -€678,593
down €678,593 (-39.4%), from €1.7m to €1.0m
- Accrued charges and deferred income -€180,000
no longer reported in 2025 (was €180,000)
- Gross operating margin -€798,150
down €798,150, from €261,845 to -€536,306
- Other operating charges -€62,090
down €62,090 (-53.8%), from €115,304 to €53,213
- Depreciation +€22,561
up €22,561 (+34.7%), from €65,108 to €87,668
- Taxes -€6,399
no longer reported in 2025 (was €6,399)
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 | €3,991,765 | €4,392,014 | +€400,249 | +10.0% |
| Fixed assets | 21/28 | €190,143 | €97,510 | -€92,633 | -48.7% |
| Tangible fixed assets | 22/27 | €184,143 | €91,510 | -€92,633 | -50.3% |
| Plant, machinery and equipment | 23 | €56,626 | €23,746 | -€32,881 | -58.1% |
| Furniture and vehicles | 24 | €33,469 | €37,401 | +€3,932 | +11.7% |
| Other tangible fixed assets | 26 | €65,305 | €22,915 | -€42,390 | -64.9% |
| Assets under construction and advance payments | 27 | €28,743 | €7,448 | -€21,295 | -74.1% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €3,801,621 | €4,294,504 | +€492,883 | +13.0% |
| Amounts receivable within one year | 40/41 | €2,795,787 | €3,993,875 | +€1.2m | +42.9% |
| Trade receivables | 40 | €2,317,041 | €2,575,865 | +€258,824 | +11.2% |
| Other amounts receivable | 41 | €478,746 | €1,418,010 | +€939,264 | +196.2% |
| Cash at bank and in hand | 54/58 | €1,005,834 | €300,629 | -€705,205 | -70.1% |
| Total equity and liabilities | 10/49 | €3,991,765 | €4,392,014 | +€400,249 | +10.0% |
| Equity | 10/15 | €1,720,495 | €1,041,903 | -€678,593 | -39.4% |
| Reserves | 13 | €1,720,495 | €1,041,903 | -€678,593 | -39.4% |
| Amounts payable | 17/49 | €2,271,270 | €3,350,112 | +€1.1m | +47.5% |
| Amounts payable within one year | 42/48 | €2,091,270 | €3,350,112 | +€1.3m | +60.2% |
| Financial debts | 43 | €1,865 | - | -€1,865 | |
| Credit institutions | 430/8 | €1,865 | - | -€1,865 | |
| Trade debts | 44 | €2,082,630 | €3,343,337 | +€1.3m | +60.5% |
| Suppliers | 440/4 | €2,082,630 | €3,343,337 | +€1.3m | +60.5% |
| Advances received on contracts in progress | 46 | €6,775 | €6,775 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €180,000 | - | -€180,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,108 | €87,668 | +€22,561 | +34.7% |
| Other operating charges | 640/8 | €115,304 | €53,213 | -€62,090 | -53.8% |
| Gross operating margin | 9900 | €261,845 | -€536,306 | -€798,150 | |
| Operating profit (loss) | 9901 | €81,433 | -€677,188 | -€758,621 | |
| Financial income | 75/76B | €550 | - | -€550 | |
| Recurring financial income | 75 | €550 | - | -€550 | |
| Financial charges | 65/66B | €2,023 | €1,405 | -€618 | -30.5% |
| Recurring financial charges | 65 | €2,023 | €1,405 | -€618 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €79,960 | -€678,593 | -€758,552 | |
| Income taxes | 67/77 | €6,399 | - | -€6,399 | |
| Profit (loss) for the period | 9904 | €73,561 | -€678,593 | -€752,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,561 | -€678,593 | -€752,153 |
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 8 October 2026 via checked.be.