MOLHANT: 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.
MOLHANT
Largest movements
- Cash -€99,402
down €99,402 (-50.0%), from €199,002 to €99,600
mainly Investment in fixed assets (net) (-€106,272) and Net result for the year (-€3,019)
- Tangible fixed assets +€98,477
up €98,477 (+134.5%), from €73,218 to €171,695
of which Land and buildings: +€80,480
- Receivables within one year -€3,347
down €3,347 (-69.5%), from €4,815 to €1,468
of which Other amounts receivable: -€3,347
- Profit (loss) carried forward -€3,019
down €3,019 (-31.1%), from -€9,706 to -€12,725
- Financial income -€172,499
no longer reported in 2025 (was €172,499)
of which Financial income: -€172,499
- Taxes -€52,496
no longer reported in 2025 (was €52,496)
- Gross operating margin +€10,861
up €10,861, from -€3,944 to €6,917
- Depreciation +€4,037
up €4,037 (+107.4%), from €3,758 to €7,795
- Other operating charges -€728
down €728 (-26.1%), from €2,786 to €2,058
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 | €277,035 | €274,151 | -€2,884 | -1.0% |
| Fixed assets | 21/28 | €73,218 | €171,695 | +€98,477 | +134.5% |
| Tangible fixed assets | 22/27 | €73,218 | €171,695 | +€98,477 | +134.5% |
| Land and buildings | 22 | €72,444 | €152,924 | +€80,480 | +111.1% |
| Plant, machinery and equipment | 23 | €774 | €18,771 | +€17,997 | +2325.2% |
| Current assets | 29/58 | €203,817 | €102,456 | -€101,361 | -49.7% |
| Stocks and contracts in progress | 3 | - | €1,388 | +€1,388 | |
| Stocks | 30/36 | - | €1,388 | +€1,388 | |
| Amounts receivable within one year | 40/41 | €4,815 | €1,468 | -€3,347 | -69.5% |
| Trade receivables | 40 | €1,182 | €1,182 | = | 0.0% |
| Other amounts receivable | 41 | €3,633 | €286 | -€3,347 | -92.1% |
| Cash at bank and in hand | 54/58 | €199,002 | €99,600 | -€99,402 | -50.0% |
| Total equity and liabilities | 10/49 | €277,035 | €274,151 | -€2,884 | -1.0% |
| Equity | 10/15 | €224,539 | €221,111 | -€3,428 | -1.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €228,048 | €227,639 | -€409 | -0.2% |
| Distributable reserves | 133 | €228,048 | €227,639 | -€409 | -0.2% |
| Profit (loss) carried forward | 14 | -€9,706 | -€12,725 | -€3,019 | -31.1% |
| Amounts payable | 17/49 | €52,496 | €53,040 | +€544 | +1.0% |
| Amounts payable within one year | 42/48 | €52,496 | €53,040 | +€544 | +1.0% |
| Trade debts | 44 | - | €56 | +€56 | |
| Suppliers | 440/4 | - | €56 | +€56 | |
| Taxes, remuneration and social security | 45 | €52,496 | €52,906 | +€410 | +0.8% |
| Taxes | 450/3 | €52,496 | €52,906 | +€410 | +0.8% |
| Other amounts payable | 47/48 | - | €78 | +€78 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,758 | €7,795 | +€4,037 | +107.4% |
| Other operating charges | 640/8 | €2,786 | €2,058 | -€728 | -26.1% |
| Gross operating margin | 9900 | -€3,944 | €6,917 | +€10,861 | |
| Operating profit (loss) | 9901 | -€10,488 | -€2,936 | +€7,552 | +72.0% |
| Financial income | 75/76B | €172,499 | - | -€172,499 | |
| Recurring financial income | 75 | €172,499 | - | -€172,499 | |
| Non-recurring financial income | 76B | €172,499 | - | -€172,499 | |
| Financial charges | 65/66B | €190 | €83 | -€107 | -56.3% |
| Recurring financial charges | 65 | €190 | €83 | -€107 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | €161,821 | -€3,019 | -€164,840 | |
| Income taxes | 67/77 | €52,496 | - | -€52,496 | |
| Profit (loss) for the period | 9904 | €109,325 | -€3,019 | -€112,344 | |
| Profit (loss) for the period to be appropriated | 9905 | €109,325 | -€3,019 | -€112,344 |
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.