Molensteyn: 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.
Molensteyn
Largest movements
- Tangible fixed assets -€3,265
down €3,265 (-30.1%), from €10,835 to €7,570
of which Furniture and vehicles: -€4,474
- Cash +€2,935
up €2,935 (+6.8%), from €43,178 to €46,113
mainly Net result for the year (+€46,369) and Depreciation (+€5,187)
- Receivables within one year +€1,880
up €1,880 (+14.6%), from €12,859 to €14,739
of which Trade receivables: +€2,239
- Tax, wage and social debts +€5,092
up €5,092 (+31.0%), from €16,448 to €21,541
- Reserves -€3,631
down €3,631 (-50.3%), from €7,214 to €3,583
- Other debts +€1,625
up €1,625 (+4.0%), from €40,981 to €42,606
- Trade debts -€1,481
no longer reported in 2025 (was €1,481)
- Gross operating margin +€7,118
up €7,118 (+11.9%), from €60,065 to €67,183
- Taxes +€1,488
up €1,488 (+12.7%), from €11,700 to €13,188
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 | €68,124 | €69,730 | +€1,606 | +2.4% |
| Fixed assets | 21/28 | €10,835 | €7,570 | -€3,265 | -30.1% |
| Tangible fixed assets | 22/27 | €10,835 | €7,570 | -€3,265 | -30.1% |
| Plant, machinery and equipment | 23 | €807 | €2,016 | +€1,209 | +150% |
| Furniture and vehicles | 24 | €10,028 | €5,554 | -€4,474 | -44.6% |
| Current assets | 29/58 | €57,289 | €62,160 | +€4,872 | +8.5% |
| Amounts receivable within one year | 40/41 | €12,859 | €14,739 | +€1,880 | +14.6% |
| Trade receivables | 40 | €12,500 | €14,739 | +€2,239 | +17.9% |
| Other amounts receivable | 41 | €359 | - | -€359 | |
| Cash at bank and in hand | 54/58 | €43,178 | €46,113 | +€2,935 | +6.8% |
| Deferred charges and accrued income | 490/1 | €1,252 | €1,309 | +€56 | +4.5% |
| Total equity and liabilities | 10/49 | €68,124 | €69,730 | +€1,606 | +2.4% |
| Equity | 10/15 | €9,214 | €5,583 | -€3,631 | -39.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €7,214 | €3,583 | -€3,631 | -50.3% |
| Distributable reserves | 133 | €7,214 | €3,583 | -€3,631 | -50.3% |
| Amounts payable | 17/49 | €58,910 | €64,147 | +€5,237 | +8.9% |
| Amounts payable within one year | 42/48 | €58,910 | €64,147 | +€5,237 | +8.9% |
| Trade debts | 44 | €1,481 | - | -€1,481 | |
| Suppliers | 440/4 | €1,481 | - | -€1,481 | |
| Taxes, remuneration and social security | 45 | €16,448 | €21,541 | +€5,092 | +31.0% |
| Taxes | 450/3 | €16,448 | €21,541 | +€5,092 | +31.0% |
| Other amounts payable | 47/48 | €40,981 | €42,606 | +€1,625 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,007 | €5,187 | +€180 | +3.6% |
| Other operating charges | 640/8 | €1,035 | €1,187 | +€152 | +14.7% |
| Gross operating margin | 9900 | €60,065 | €67,183 | +€7,118 | +11.9% |
| Operating profit (loss) | 9901 | €54,023 | €60,810 | +€6,787 | +12.6% |
| Financial income | 75/76B | €471 | €60 | -€411 | -87.3% |
| Recurring financial income | 75 | €471 | €60 | -€411 | -87.3% |
| Financial charges | 65/66B | €1,812 | €1,312 | -€500 | -27.6% |
| Recurring financial charges | 65 | €1,812 | €1,312 | -€500 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €52,681 | €59,557 | +€6,876 | +13.1% |
| Income taxes | 67/77 | €11,700 | €13,188 | +€1,488 | +12.7% |
| Profit (loss) for the period | 9904 | €40,981 | €46,369 | +€5,388 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,981 | €46,369 | +€5,388 | +13.1% |
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 21 October 2026 via checked.be.