Molinier - Pianetti: 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.
Molinier - Pianetti
Largest movements
- Cash +€12,534
up €12,534 (+21.9%), from €57,184 to €69,718
mainly Net result for the year (+€10,731) and Depreciation (+€10,503)
- Receivables within one year -€6,989
down €6,989 (-49.3%), from €14,185 to €7,197
of which Trade receivables: -€8,575
- Tangible fixed assets -€4,993
down €4,993 (-14.5%), from €34,468 to €29,475
of which Furniture and vehicles: -€8,093
- Reserves +€3,803
up €3,803 (+4.6%), from €82,622 to €86,425
of which Distributable reserves: +€3,803
- Gross operating margin +€10,799
up €10,799 (+52.6%), from €20,530 to €31,329
- Taxes +€2,183
up €2,183 (+96.6%), from €2,261 to €4,443
- Financial income +€938
up €938 (+127%), from €736 to €1,674
- Other operating charges +€424
up €424 (+6.2%), from €6,856 to €7,280
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 | €165,806 | €167,224 | +€1,418 | +0.9% |
| Fixed assets | 21/28 | €34,468 | €29,475 | -€4,993 | -14.5% |
| Tangible fixed assets | 22/27 | €34,468 | €29,475 | -€4,993 | -14.5% |
| Furniture and vehicles | 24 | €20,200 | €12,108 | -€8,093 | -40.1% |
| Other tangible fixed assets | 26 | €14,268 | €17,367 | +€3,100 | +21.7% |
| Current assets | 29/58 | €131,338 | €137,749 | +€6,411 | +4.9% |
| Stocks and contracts in progress | 3 | €59,734 | €60,592 | +€859 | +1.4% |
| Stocks | 30/36 | €59,734 | €60,592 | +€859 | +1.4% |
| Amounts receivable within one year | 40/41 | €14,185 | €7,197 | -€6,989 | -49.3% |
| Trade receivables | 40 | €11,122 | €2,547 | -€8,575 | -77.1% |
| Other amounts receivable | 41 | €3,064 | €4,650 | +€1,586 | +51.8% |
| Cash at bank and in hand | 54/58 | €57,184 | €69,718 | +€12,534 | +21.9% |
| Deferred charges and accrued income | 490/1 | €235 | €243 | +€7 | +3.1% |
| Total equity and liabilities | 10/49 | €165,806 | €167,224 | +€1,418 | +0.9% |
| Equity | 10/15 | €141,110 | €144,913 | +€3,803 | +2.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €82,622 | €86,425 | +€3,803 | +4.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €80,763 | €84,566 | +€3,803 | +4.7% |
| Profit (loss) carried forward | 14 | €39,896 | €39,896 | = | 0.0% |
| Amounts payable | 17/49 | €24,697 | €22,311 | -€2,385 | -9.7% |
| Amounts payable within one year | 42/48 | €24,697 | €22,311 | -€2,385 | -9.7% |
| Trade debts | 44 | €1,648 | €140 | -€1,508 | -91.5% |
| Suppliers | 440/4 | €1,648 | €140 | -€1,508 | -91.5% |
| Taxes, remuneration and social security | 45 | €1,913 | €1,620 | -€293 | -15.3% |
| Taxes | 450/3 | €1,913 | €1,620 | -€293 | -15.3% |
| Other amounts payable | 47/48 | €21,135 | €20,551 | -€584 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,417 | €10,503 | +€87 | +0.8% |
| Other operating charges | 640/8 | €6,856 | €7,280 | +€424 | +6.2% |
| Gross operating margin | 9900 | €20,530 | €31,329 | +€10,799 | +52.6% |
| Operating profit (loss) | 9901 | €3,258 | €13,546 | +€10,288 | +316% |
| Financial income | 75/76B | €736 | €1,674 | +€938 | +127% |
| Recurring financial income | 75 | €736 | €1,674 | +€938 | +127% |
| Financial charges | 65/66B | €73 | €45 | -€27 | -37.6% |
| Recurring financial charges | 65 | €73 | €45 | -€27 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €3,921 | €15,175 | +€11,253 | +287% |
| Income taxes | 67/77 | €2,261 | €4,443 | +€2,183 | +96.6% |
| Profit (loss) for the period | 9904 | €1,661 | €10,731 | +€9,071 | +546% |
| Profit (loss) for the period to be appropriated | 9905 | €1,661 | €10,731 | +€9,071 | +546% |
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 27 October 2026 via checked.be.