MOLENHOF CONSTRUCT: 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.
MOLENHOF CONSTRUCT
Largest movements
- Tangible fixed assets -€514,443
down €514,443 (-98.3%), from €523,080 to €8,637
of which Land and buildings: -€519,360
- Debts after one year -€565,000
down €565,000 (-100.0%), from €565,000 to €0
- Reserves +€27,554
up €27,554 (+152.4%), from €18,081 to €45,636
- Profit (loss) carried forward +€22,165
up €22,165, from -€22,165 to €0
- Gross operating margin +€75,405
up €75,405 (+532.8%), from €14,152 to €89,557
- Depreciation -€28,812
down €28,812 (-91.7%), from €31,426 to €2,614
- Financial charges +€21,192
up €21,192 (+15338.8%), from €138 to €21,330
- Taxes +€9,306
up €9,306 (+2624.8%), from €355 to €9,660
- Other operating charges -€1,175
down €1,175 (-23.6%), from €4,980 to €3,805
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 | €571,020 | €54,642 | -€516,378 | -90.4% |
| Fixed assets | 21/28 | €523,080 | €8,637 | -€514,443 | -98.3% |
| Tangible fixed assets | 22/27 | €523,080 | €8,637 | -€514,443 | -98.3% |
| Land and buildings | 22 | €523,080 | €3,720 | -€519,360 | -99.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €4,917 | +€4,917 | |
| Current assets | 29/58 | €47,940 | €46,005 | -€1,935 | -4.0% |
| Amounts receivable within one year | 40/41 | €27,799 | €23,647 | -€4,152 | -14.9% |
| Trade receivables | 40 | €10,188 | €7,000 | -€3,188 | -31.3% |
| Other amounts receivable | 41 | €17,611 | €16,647 | -€963 | -5.5% |
| Cash at bank and in hand | 54/58 | €17,167 | €21,446 | +€4,279 | +24.9% |
| Deferred charges and accrued income | 490/1 | €2,974 | €912 | -€2,063 | -69.3% |
| Total equity and liabilities | 10/49 | €571,020 | €54,642 | -€516,378 | -90.4% |
| Equity | 10/15 | -€3,084 | €46,636 | +€49,719 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €18,081 | €45,636 | +€27,554 | +152.4% |
| Distributable reserves | 133 | €18,081 | €45,636 | +€27,554 | +152.4% |
| Profit (loss) carried forward | 14 | -€22,165 | €0 | +€22,165 | |
| Amounts payable | 17/49 | €574,104 | €8,006 | -€566,097 | -98.6% |
| Amounts payable after more than one year | 17 | €565,000 | €0 | -€565,000 | -100.0% |
| Financial debts | 170/4 | €565,000 | €0 | -€565,000 | -100.0% |
| Amounts payable within one year | 42/48 | €7,604 | €8,006 | +€403 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,718 | €2,118 | -€600 | -22.1% |
| Suppliers | 440/4 | €2,718 | €2,118 | -€600 | -22.1% |
| Advances received on contracts in progress | 46 | €695 | €30 | -€665 | -95.7% |
| Taxes, remuneration and social security | 45 | €4,190 | €2,858 | -€1,332 | -31.8% |
| Taxes | 450/3 | €4,190 | €2,858 | -€1,332 | -31.8% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €0 | -€1,500 | -100.0% |
| Non-recurring operating income | 76A | - | €91,317 | +€91,317 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,426 | €2,614 | -€28,812 | -91.7% |
| Other operating charges | 640/8 | €4,980 | €3,805 | -€1,175 | -23.6% |
| Gross operating margin | 9900 | €14,152 | €89,557 | +€75,405 | +532.8% |
| Operating profit (loss) | 9901 | -€22,255 | €83,138 | +€105,393 | |
| Financial income | 75/76B | €583 | €572 | -€11 | -1.9% |
| Recurring financial income | 75 | €583 | €572 | -€11 | -1.9% |
| Financial charges | 65/66B | €138 | €21,330 | +€21,192 | +15338.8% |
| Recurring financial charges | 65 | €138 | €21,330 | +€21,192 | +15338.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,810 | €62,380 | +€84,190 | |
| Income taxes | 67/77 | €355 | €9,660 | +€9,306 | +2624.8% |
| Profit (loss) for the period | 9904 | -€22,165 | €52,719 | +€74,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,165 | €52,719 | +€74,884 |
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.