MOLENS VAN OUDENAARDE: 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.
MOLENS VAN OUDENAARDE
Largest movements
- Current investments +€238,958
up €238,958 (+37.3%), from €640,566 to €879,524
- Receivables within one year +€43,267
up €43,267 (+3.3%), from €1.3m to €1.4m
of which Trade receivables: +€38,371
- Cash +€41,040
up €41,040 (+6.7%), from €616,071 to €657,111
mainly Trade debts (+€150,277) and Net result for the year (+€128,605)
- Tangible fixed assets -€37,240
down €37,240 (-34.7%), from €107,410 to €70,169
of which Plant, machinery and equipment: -€31,389
- Trade debts +€150,277
up €150,277 (+8.5%), from €1.8m to €1.9m
- Reserves +€128,605
up €128,605 (+14.6%), from €881,883 to €1.0m
of which Distributable reserves: +€128,605
- Revaluation surpluses +€38,958
new in 2024: €38,958
- Gross operating margin +€84,683
up €84,683 (+25.5%), from €331,565 to €416,248
- Staff costs +€30,145
up €30,145 (+19.8%), from €152,422 to €182,567
- Taxes +€21,460
up €21,460 (+82.3%), from €26,083 to €47,543
- Financial charges -€9,583
down €9,583 (-39.3%), from €24,363 to €14,781
- Depreciation +€4,947
up €4,947 (+13.5%), from €36,593 to €41,540
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,862,194 | €3,151,820 | +€289,626 | +10.1% |
| Fixed assets | 21/28 | €107,410 | €70,169 | -€37,240 | -34.7% |
| Tangible fixed assets | 22/27 | €107,410 | €70,169 | -€37,240 | -34.7% |
| Plant, machinery and equipment | 23 | €81,901 | €50,512 | -€31,389 | -38.3% |
| Furniture and vehicles | 24 | €25,509 | €19,657 | -€5,852 | -22.9% |
| Current assets | 29/58 | €2,754,784 | €3,081,650 | +€326,866 | +11.9% |
| Stocks and contracts in progress | 3 | €182,323 | €187,081 | +€4,758 | +2.6% |
| Stocks | 30/36 | €182,323 | €187,081 | +€4,758 | +2.6% |
| Amounts receivable within one year | 40/41 | €1,313,513 | €1,356,780 | +€43,267 | +3.3% |
| Trade receivables | 40 | €1,276,791 | €1,315,162 | +€38,371 | +3.0% |
| Other amounts receivable | 41 | €36,722 | €41,619 | +€4,896 | +13.3% |
| Current investments | 50/53 | €640,566 | €879,524 | +€238,958 | +37.3% |
| Cash at bank and in hand | 54/58 | €616,071 | €657,111 | +€41,040 | +6.7% |
| Deferred charges and accrued income | 490/1 | €2,311 | €1,154 | -€1,157 | -50.1% |
| Total equity and liabilities | 10/49 | €2,862,194 | €3,151,820 | +€289,626 | +10.1% |
| Equity | 10/15 | €900,483 | €1,068,045 | +€167,563 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €38,958 | +€38,958 | |
| Reserves | 13 | €881,883 | €1,010,488 | +€128,605 | +14.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,292 | €14,292 | = | 0.0% |
| Distributable reserves | 133 | €865,731 | €994,336 | +€128,605 | +14.9% |
| Amounts payable | 17/49 | €1,961,712 | €2,083,774 | +€122,063 | +6.2% |
| Amounts payable after more than one year | 17 | €90,000 | €90,000 | = | 0.0% |
| Other amounts payable | 178/9 | €90,000 | €90,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,868,982 | €1,990,276 | +€121,293 | +6.5% |
| Trade debts | 44 | €1,768,020 | €1,918,297 | +€150,277 | +8.5% |
| Suppliers | 440/4 | €1,768,020 | €1,918,297 | +€150,277 | +8.5% |
| Taxes, remuneration and social security | 45 | €89,033 | €71,979 | -€17,054 | -19.2% |
| Taxes | 450/3 | €68,225 | €46,880 | -€21,344 | -31.3% |
| Remuneration and social security | 454/9 | €20,808 | €25,098 | +€4,291 | +20.6% |
| Other amounts payable | 47/48 | €11,930 | - | -€11,930 | |
| Accrued charges and deferred income | 492/3 | €2,729 | €3,499 | +€770 | +28.2% |
| Remuneration, social security and pensions | 62 | €152,422 | €182,567 | +€30,145 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,593 | €41,540 | +€4,947 | +13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,444 | €523 | -€4,921 | -90.4% |
| Other operating charges | 640/8 | €5,604 | €2,027 | -€3,577 | -63.8% |
| Non-recurring operating charges | 66A | €8,617 | - | -€8,617 | |
| Gross operating margin | 9900 | €331,565 | €416,248 | +€84,683 | +25.5% |
| Operating profit (loss) | 9901 | €122,885 | €189,589 | +€66,704 | +54.3% |
| Financial income | 75/76B | €650 | €1,339 | +€689 | +106% |
| Recurring financial income | 75 | €650 | €1,339 | +€689 | +106% |
| Financial charges | 65/66B | €24,363 | €14,781 | -€9,583 | -39.3% |
| Recurring financial charges | 65 | €24,363 | €14,781 | -€9,583 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €99,172 | €176,148 | +€76,976 | +77.6% |
| Income taxes | 67/77 | €26,083 | €47,543 | +€21,460 | +82.3% |
| Profit (loss) for the period | 9904 | €73,089 | €128,605 | +€55,516 | +76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,089 | €128,605 | +€55,516 | +76.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.