MOLGUN: 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.
MOLGUN
Largest movements
- Stocks and contracts +€44,021
up €44,021 (+62.8%), from €70,087 to €114,108
- Cash -€6,572
down €6,572 (-88.4%), from €7,434 to €862
mainly Stocks and contracts (-€44,021) and Investment in fixed assets (net) (-€13,052)
- Trade debts +€25,453
up €25,453 (+543%), from €4,688 to €30,141
- Profit (loss) carried forward +€12,012
up €12,012 (+16.6%), from €72,498 to €84,511
- Other debts +€4,803
up €4,803 (+22.8%), from €21,084 to €25,887
- Tax, wage and social debts -€3,209
down €3,209 (-49.2%), from €6,528 to €3,319
- Staff costs -€8,463
down €8,463 (-15.4%), from €54,798 to €46,335
- Depreciation +€3,668
up €3,668 (+44.1%), from €8,316 to €11,984
- Gross operating margin +€2,891
up €2,891 (+3.9%), from €74,249 to €77,140
- Financial charges +€1,902
up €1,902 (+895%), from €212 to €2,114
- Taxes +€1,245
up €1,245 (+60.0%), from €2,074 to €3,319
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 | €125,258 | €164,318 | +€39,060 | +31.2% |
| Fixed assets | 21/28 | €44,797 | €45,865 | +€1,068 | +2.4% |
| Tangible fixed assets | 22/27 | €39,547 | €40,615 | +€1,068 | +2.7% |
| Plant, machinery and equipment | 23 | €9,051 | €17,685 | +€8,634 | +95.4% |
| Furniture and vehicles | 24 | €30,495 | €22,929 | -€7,566 | -24.8% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €80,461 | €118,453 | +€37,992 | +47.2% |
| Stocks and contracts in progress | 3 | €70,087 | €114,108 | +€44,021 | +62.8% |
| Stocks | 30/36 | €70,087 | €114,108 | +€44,021 | +62.8% |
| Amounts receivable within one year | 40/41 | €2,940 | €3,483 | +€543 | +18.5% |
| Trade receivables | 40 | €2,940 | - | -€2,940 | |
| Other amounts receivable | 41 | - | €3,483 | +€3,483 | |
| Cash at bank and in hand | 54/58 | €7,434 | €862 | -€6,572 | -88.4% |
| Total equity and liabilities | 10/49 | €125,258 | €164,318 | +€39,060 | +31.2% |
| Equity | 10/15 | €92,958 | €104,971 | +€12,012 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,498 | €84,511 | +€12,012 | +16.6% |
| Amounts payable | 17/49 | €32,299 | €59,347 | +€27,048 | +83.7% |
| Amounts payable within one year | 42/48 | €32,299 | €59,347 | +€27,048 | +83.7% |
| Trade debts | 44 | €4,688 | €30,141 | +€25,453 | +543% |
| Suppliers | 440/4 | €4,688 | €30,141 | +€25,453 | +543% |
| Taxes, remuneration and social security | 45 | €6,528 | €3,319 | -€3,209 | -49.2% |
| Taxes | 450/3 | €6,528 | €3,319 | -€3,209 | -49.2% |
| Other amounts payable | 47/48 | €21,084 | €25,887 | +€4,803 | +22.8% |
| Remuneration, social security and pensions | 62 | €54,798 | €46,335 | -€8,463 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,316 | €11,984 | +€3,668 | +44.1% |
| Other operating charges | 640/8 | €994 | €1,376 | +€382 | +38.4% |
| Gross operating margin | 9900 | €74,249 | €77,140 | +€2,891 | +3.9% |
| Operating profit (loss) | 9901 | €10,142 | €17,446 | +€7,304 | +72.0% |
| Financial charges | 65/66B | €212 | €2,114 | +€1,902 | +895% |
| Recurring financial charges | 65 | €212 | €2,114 | +€1,902 | +895% |
| Profit (loss) for the period before taxes | 9903 | €9,929 | €15,331 | +€5,402 | +54.4% |
| Income taxes | 67/77 | €2,074 | €3,319 | +€1,245 | +60.0% |
| Profit (loss) for the period | 9904 | €7,856 | €12,012 | +€4,157 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,856 | €12,012 | +€4,157 | +52.9% |
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 17 October 2026 via checked.be.