MOLGEC: 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.
MOLGEC
Largest movements
- Current investments +€50,000
up €50,000 (+38.5%), from €130,000 to €180,000
- Tangible fixed assets -€8,000
down €8,000 (-8.2%), from €98,052 to €90,052
- Profit (loss) carried forward +€29,572
up €29,572 (+15.6%), from €189,391 to €218,963
- Tax, wage and social debts +€6,044
up €6,044 (+128.0%), from €4,721 to €10,765
- Accrued charges and deferred income +€5,386
new in 2025: €5,386
- Depreciation -€21,158
down €21,158 (-71.8%), from €29,461 to €8,302
- Taxes +€5,861
up €5,861 (+119.5%), from €4,904 to €10,765
- Gross operating margin +€748
up €748 (+1.5%), from €51,473 to €52,221
- Financial income -€691
down €691 (-24.4%), from €2,830 to €2,139
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 | €235,723 | €277,026 | +€41,304 | +17.5% |
| Formation expenses | 20 | €696 | €394 | -€302 | -43.4% |
| Fixed assets | 21/28 | €98,052 | €90,052 | -€8,000 | -8.2% |
| Tangible fixed assets | 22/27 | €98,052 | €90,052 | -€8,000 | -8.2% |
| Land and buildings | 22 | €98,052 | €90,052 | -€8,000 | -8.2% |
| Current assets | 29/58 | €136,974 | €186,580 | +€49,606 | +36.2% |
| Current investments | 50/53 | €130,000 | €180,000 | +€50,000 | +38.5% |
| Cash at bank and in hand | 54/58 | €6,974 | €6,580 | -€394 | -5.6% |
| Total equity and liabilities | 10/49 | €235,723 | €277,026 | +€41,304 | +17.5% |
| Equity | 10/15 | €231,002 | €260,573 | +€29,572 | +12.8% |
| Contributions | 10/11 | €19,041 | €19,041 | = | 0.0% |
| Reserves | 13 | €22,570 | €22,570 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,734 | €9,734 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,734 | €9,734 | = | 0.0% |
| Distributable reserves | 133 | €12,835 | €12,835 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,391 | €218,963 | +€29,572 | +15.6% |
| Amounts payable | 17/49 | €4,721 | €16,453 | +€11,732 | +248.5% |
| Amounts payable within one year | 42/48 | €4,721 | €11,067 | +€6,346 | +134.4% |
| Trade debts | 44 | - | €303 | +€303 | |
| Suppliers | 440/4 | - | €303 | +€303 | |
| Taxes, remuneration and social security | 45 | €4,721 | €10,765 | +€6,044 | +128.0% |
| Taxes | 450/3 | €4,721 | €10,765 | +€6,044 | +128.0% |
| Accrued charges and deferred income | 492/3 | - | €5,386 | +€5,386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,461 | €8,302 | -€21,158 | -71.8% |
| Other operating charges | 640/8 | €5,650 | €5,466 | -€184 | -3.3% |
| Gross operating margin | 9900 | €51,473 | €52,221 | +€748 | +1.5% |
| Operating profit (loss) | 9901 | €16,362 | €38,453 | +€22,091 | +135.0% |
| Financial income | 75/76B | €2,830 | €2,139 | -€691 | -24.4% |
| Recurring financial income | 75 | €2,830 | €2,139 | -€691 | -24.4% |
| Financial charges | 65/66B | €308 | €255 | -€53 | -17.2% |
| Recurring financial charges | 65 | €308 | €255 | -€53 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €18,884 | €40,336 | +€21,453 | +113.6% |
| Income taxes | 67/77 | €4,904 | €10,765 | +€5,861 | +119.5% |
| Profit (loss) for the period | 9904 | €13,980 | €29,572 | +€15,592 | +111.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,980 | €29,572 | +€15,592 | +111.5% |
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 6 October 2026 via checked.be.