MOLITOR: 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.
MOLITOR
Largest movements
- Cash +€126,005
up €126,005 (+324.7%), from €38,810 to €164,815
mainly Net result for the year (+€103,070) and Tax, wage and social debts (+€26,531)
- Receivables within one year +€12,100
up €12,100, from €0 to €12,100
- Tangible fixed assets -€8,255
down €8,255 (-42.2%), from €19,551 to €11,296
of which Furniture and vehicles: -€7,659
- Reserves +€103,070
up €103,070 (+87.9%), from €117,290 to €220,360
- Tax, wage and social debts +€26,531
up €26,531 (+70.2%), from €37,780 to €64,311
- Gross operating margin +€9,677
up €9,677 (+7.3%), from €132,587 to €142,263
- Taxes +€3,488
up €3,488 (+13.6%), from €25,670 to €29,158
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 | €160,558 | €290,635 | +€130,078 | +81.0% |
| Fixed assets | 21/28 | €19,551 | €11,296 | -€8,255 | -42.2% |
| Tangible fixed assets | 22/27 | €19,551 | €11,296 | -€8,255 | -42.2% |
| Plant, machinery and equipment | 23 | €1,204 | €608 | -€596 | -49.5% |
| Furniture and vehicles | 24 | €18,347 | €10,688 | -€7,659 | -41.7% |
| Current assets | 29/58 | €141,007 | €279,339 | +€138,333 | +98.1% |
| Amounts receivable within one year | 40/41 | €0 | €12,100 | +€12,100 | |
| Trade receivables | 40 | €0 | €12,100 | +€12,100 | |
| Current investments | 50/53 | €100,083 | €100,083 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,810 | €164,815 | +€126,005 | +324.7% |
| Deferred charges and accrued income | 490/1 | €2,113 | €2,341 | +€228 | +10.8% |
| Total equity and liabilities | 10/49 | €160,558 | €290,635 | +€130,078 | +81.0% |
| Equity | 10/15 | €120,290 | €223,360 | +€103,070 | +85.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €117,290 | €220,360 | +€103,070 | +87.9% |
| Distributable reserves | 133 | €117,290 | €220,360 | +€103,070 | +87.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,268 | €67,276 | +€27,008 | +67.1% |
| Amounts payable within one year | 42/48 | €40,268 | €67,276 | +€27,008 | +67.1% |
| Trade debts | 44 | €1,252 | €1,248 | -€4 | -0.3% |
| Suppliers | 440/4 | €1,252 | €1,248 | -€4 | -0.3% |
| Taxes, remuneration and social security | 45 | €37,780 | €64,311 | +€26,531 | +70.2% |
| Taxes | 450/3 | €37,780 | €64,311 | +€26,531 | +70.2% |
| Other amounts payable | 47/48 | €1,235 | €1,716 | +€481 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,007 | €10,865 | +€857 | +8.6% |
| Other operating charges | 640/8 | €1,324 | €424 | -€900 | -68.0% |
| Gross operating margin | 9900 | €132,587 | €142,263 | +€9,677 | +7.3% |
| Operating profit (loss) | 9901 | €121,256 | €130,975 | +€9,719 | +8.0% |
| Financial income | 75/76B | €119 | €1,500 | +€1,381 | +1157.9% |
| Recurring financial income | 75 | €119 | €1,500 | +€1,381 | +1157.9% |
| Financial charges | 65/66B | €43 | €247 | +€204 | +478.2% |
| Recurring financial charges | 65 | €43 | €247 | +€204 | +478.2% |
| Profit (loss) for the period before taxes | 9903 | €121,332 | €132,228 | +€10,896 | +9.0% |
| Income taxes | 67/77 | €25,670 | €29,158 | +€3,488 | +13.6% |
| Profit (loss) for the period | 9904 | €95,662 | €103,070 | +€7,408 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,662 | €103,070 | +€7,408 | +7.7% |
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 9 October 2026 via checked.be.