Moliver: 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.
Moliver
Largest movements
- Receivables within one year +€213,071
up €213,071 (+136.0%), from €156,624 to €369,695
of which Other amounts receivable: +€213,071
- Tangible fixed assets +€95,541
up €95,541 (+1606.1%), from €5,949 to €101,489
- Cash -€61,146
down €61,146 (-77.0%), from €79,405 to €18,258
mainly Contributions, distributions and other (-€300,000) and Receivables within one year (-€213,071)
- Other debts +€150,832
up €150,832 (+177.9%), from €84,767 to €235,598
- Debts after one year +€78,333
new in 2025: €78,333
- Current portion of long-term debt +€21,455
new in 2025: €21,455
- Reserves -€9,744
down €9,744 (-6.0%), from €161,316 to €151,571
- Tax, wage and social debts +€6,907
up €6,907 (+69.9%), from €9,883 to €16,791
- Financial income +€199,949
up €199,949 (+392673.0%), from €51 to €200,000
- Gross operating margin +€28,117
up €28,117 (+25.0%), from €112,360 to €140,476
- Depreciation +€8,811
up €8,811 (+114.8%), from €7,672 to €16,483
- Financial charges +€4,940
up €4,940 (+1186.2%), from €416 to €5,356
- Taxes +€3,552
up €3,552 (+15.2%), from €23,376 to €26,929
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 | €279,906 | €524,814 | +€244,908 | +87.5% |
| Fixed assets | 21/28 | €40,949 | €136,489 | +€95,541 | +233.3% |
| Tangible fixed assets | 22/27 | €5,949 | €101,489 | +€95,541 | +1606.1% |
| Furniture and vehicles | 24 | €5,949 | €101,489 | +€95,541 | +1606.1% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €238,957 | €388,324 | +€149,367 | +62.5% |
| Amounts receivable within one year | 40/41 | €156,624 | €369,695 | +€213,071 | +136.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €156,624 | €369,695 | +€213,071 | +136.0% |
| Cash at bank and in hand | 54/58 | €79,405 | €18,258 | -€61,146 | -77.0% |
| Deferred charges and accrued income | 490/1 | €2,929 | €371 | -€2,558 | -87.3% |
| Total equity and liabilities | 10/49 | €279,906 | €524,814 | +€244,908 | +87.5% |
| Equity | 10/15 | €176,316 | €166,571 | -€9,744 | -5.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €161,316 | €151,571 | -€9,744 | -6.0% |
| Distributable reserves | 133 | €161,316 | €151,571 | -€9,744 | -6.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €103,590 | €358,242 | +€254,652 | +245.8% |
| Amounts payable after more than one year | 17 | - | €78,333 | +€78,333 | |
| Financial debts | 170/4 | - | €78,333 | +€78,333 | |
| Amounts payable within one year | 42/48 | €100,590 | €276,909 | +€176,319 | +175.3% |
| Current portion of amounts payable after more than one year | 42 | - | €21,455 | +€21,455 | |
| Trade debts | 44 | €5,940 | €3,065 | -€2,875 | -48.4% |
| Suppliers | 440/4 | €5,940 | €3,065 | -€2,875 | -48.4% |
| Taxes, remuneration and social security | 45 | €9,883 | €16,791 | +€6,907 | +69.9% |
| Taxes | 450/3 | €9,883 | €16,791 | +€6,907 | +69.9% |
| Other amounts payable | 47/48 | €84,767 | €235,598 | +€150,832 | +177.9% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | €11,000 | +€11,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,672 | €16,483 | +€8,811 | +114.8% |
| Other operating charges | 640/8 | €2,515 | €1,453 | -€1,063 | -42.2% |
| Gross operating margin | 9900 | €112,360 | €140,476 | +€28,117 | +25.0% |
| Operating profit (loss) | 9901 | €102,172 | €122,540 | +€20,368 | +19.9% |
| Financial income | 75/76B | €51 | €200,000 | +€199,949 | +392673.0% |
| Recurring financial income | 75 | €51 | €200,000 | +€199,949 | +392673.0% |
| Financial charges | 65/66B | €416 | €5,356 | +€4,940 | +1186.2% |
| Recurring financial charges | 65 | €416 | €5,356 | +€4,940 | +1186.2% |
| Profit (loss) for the period before taxes | 9903 | €101,807 | €317,184 | +€215,377 | +211.6% |
| Income taxes | 67/77 | €23,376 | €26,929 | +€3,552 | +15.2% |
| Profit (loss) for the period | 9904 | €78,430 | €290,256 | +€211,825 | +270.1% |
| Profit (loss) for the period to be appropriated | 9905 | €78,430 | €290,256 | +€211,825 | +270.1% |
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 12 October 2026 via checked.be.