MOLINVEST: 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.
MOLINVEST
Largest movements
- Cash +€240,708
up €240,708 (+1,666%), from €14,446 to €255,154
mainly Net result for the year (+€121,753) and Investment in fixed assets (net) (+€104,520)
- Tangible fixed assets -€129,614
down €129,614 (-14.2%), from €915,929 to €786,315
of which Land and buildings: -€128,065
- Profit (loss) carried forward +€121,753
up €121,753 (+41.9%), from -€290,756 to -€169,002
- Gross operating margin +€174,973
up €174,973, from -€15,303 to €159,671
- Depreciation -€6,038
down €6,038 (-19.4%), from €31,132 to €25,094
- Provisions +€5,900
up €5,900, from -€5,900 to €0
- Other operating charges -€4,187
down €4,187 (-27.2%), from €15,404 to €11,216
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 | €931,043 | €1,041,926 | +€110,882 | +11.9% |
| Fixed assets | 21/28 | €915,929 | €786,315 | -€129,614 | -14.2% |
| Tangible fixed assets | 22/27 | €915,929 | €786,315 | -€129,614 | -14.2% |
| Land and buildings | 22 | €911,362 | €783,297 | -€128,065 | -14.1% |
| Furniture and vehicles | 24 | €1,076 | €706 | -€370 | -34.4% |
| Other tangible fixed assets | 26 | €3,491 | €2,311 | -€1,180 | -33.8% |
| Current assets | 29/58 | €15,114 | €255,611 | +€240,497 | +1,591% |
| Cash at bank and in hand | 54/58 | €14,446 | €255,154 | +€240,708 | +1,666% |
| Deferred charges and accrued income | 490/1 | €668 | €457 | -€212 | -31.6% |
| Total equity and liabilities | 10/49 | €931,043 | €1,041,926 | +€110,882 | +11.9% |
| Equity | 10/15 | €841,776 | €963,530 | +€121,753 | +14.5% |
| Contributions | 10/11 | €365,487 | €365,487 | = | 0.0% |
| Capital | 10 | €365,487 | - | -€365,487 | |
| Issued capital | 100 | €365,487 | - | -€365,487 | |
| Reserves | 13 | €767,045 | €767,045 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,080 | €17,080 | = | 0.0% |
| Legal reserve | 130 | €17,080 | - | -€17,080 | |
| Reserves not available under the articles | 1311 | - | €17,080 | +€17,080 | |
| Distributable reserves | 133 | €749,965 | €749,965 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€290,756 | -€169,002 | +€121,753 | +41.9% |
| Amounts payable | 17/49 | €89,267 | €78,396 | -€10,871 | -12.2% |
| Amounts payable after more than one year | 17 | €76,980 | €68,398 | -€8,583 | -11.1% |
| Financial debts | 170/4 | €76,980 | €68,398 | -€8,583 | -11.1% |
| Amounts payable within one year | 42/48 | €11,558 | €9,998 | -€1,559 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,583 | +€8,583 | |
| Financial debts | 43 | €8,439 | €0 | -€8,439 | -100% |
| Credit institutions | 430/8 | €8,439 | €0 | -€8,439 | -100% |
| Trade debts | 44 | €648 | €0 | -€648 | -100% |
| Suppliers | 440/4 | €648 | €0 | -€648 | -100% |
| Other amounts payable | 47/48 | €2,471 | €1,415 | -€1,055 | -42.7% |
| Accrued charges and deferred income | 492/3 | €729 | €0 | -€729 | -100% |
| Non-recurring operating income | 76A | - | €149,435 | +€149,435 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,132 | €25,094 | -€6,038 | -19.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,900 | €0 | +€5,900 | |
| Other operating charges | 640/8 | €15,404 | €11,216 | -€4,187 | -27.2% |
| Gross operating margin | 9900 | -€15,303 | €159,671 | +€174,973 | |
| Operating profit (loss) | 9901 | -€55,939 | €123,360 | +€179,298 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,832 | €1,606 | -€1,225 | -43.3% |
| Recurring financial charges | 65 | €2,832 | €1,606 | -€1,225 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | -€58,770 | €121,753 | +€180,524 | |
| Profit (loss) for the period | 9904 | -€58,770 | €121,753 | +€180,524 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,770 | €121,753 | +€180,524 |
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 18 October 2026 via checked.be.