Molotov: 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.
Molotov
Largest movements
- Cash -€12,131
down €12,131 (-18.0%), from €67,394 to €55,263
mainly Contributions, distributions and other (-€40,867) and Other debts (-€16,471)
- Receivables within one year +€10,277
up €10,277 (+59.9%), from €17,163 to €27,440
of which Trade receivables: +€13,310
- Tangible fixed assets -€9,829
down €9,829 (-25.4%), from €38,729 to €28,900
of which Furniture and vehicles: -€9,635
- Other debts -€16,471
down €16,471 (-10.8%), from €152,267 to €135,796
- Tax, wage and social debts +€9,509
up €9,509 (+204.5%), from €4,650 to €14,159
- Reserves -€2,673
no longer reported in 2025 (was €2,673)
- Trade debts -€1,975
down €1,975 (-70.0%), from €2,820 to €845
- Gross operating margin +€17,408
up €17,408 (+24.2%), from €71,879 to €89,288
- Depreciation +€8,719
up €8,719 (+252.4%), from €3,454 to €12,174
- Taxes +€4,975
up €4,975 (+44.4%), from €11,205 to €16,180
- Other operating charges +€4,014
up €4,014 (+21.8%), from €18,411 to €22,424
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 | €165,409 | €153,799 | -€11,610 | -7.0% |
| Fixed assets | 21/28 | €78,711 | €68,882 | -€9,829 | -12.5% |
| Tangible fixed assets | 22/27 | €38,729 | €28,900 | -€9,829 | -25.4% |
| Plant, machinery and equipment | 23 | €2,045 | €2,339 | +€295 | +14.4% |
| Furniture and vehicles | 24 | €26,970 | €17,335 | -€9,635 | -35.7% |
| Other tangible fixed assets | 26 | €9,715 | €9,226 | -€489 | -5.0% |
| Financial fixed assets | 28 | €39,982 | €39,982 | = | 0.0% |
| Current assets | 29/58 | €86,698 | €84,917 | -€1,781 | -2.1% |
| Amounts receivable within one year | 40/41 | €17,163 | €27,440 | +€10,277 | +59.9% |
| Trade receivables | 40 | €13,310 | €26,620 | +€13,310 | +100.0% |
| Other amounts receivable | 41 | €3,853 | €820 | -€3,033 | -78.7% |
| Cash at bank and in hand | 54/58 | €67,394 | €55,263 | -€12,131 | -18.0% |
| Deferred charges and accrued income | 490/1 | €2,141 | €2,214 | +€73 | +3.4% |
| Total equity and liabilities | 10/49 | €165,409 | €153,799 | -€11,610 | -7.0% |
| Equity | 10/15 | €5,673 | €3,000 | -€2,673 | -47.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,673 | - | -€2,673 | |
| Distributable reserves | 133 | €2,673 | - | -€2,673 | |
| Amounts payable | 17/49 | €159,737 | €150,799 | -€8,937 | -5.6% |
| Amounts payable within one year | 42/48 | €159,737 | €150,799 | -€8,937 | -5.6% |
| Trade debts | 44 | €2,820 | €845 | -€1,975 | -70.0% |
| Suppliers | 440/4 | €2,820 | €845 | -€1,975 | -70.0% |
| Taxes, remuneration and social security | 45 | €4,650 | €14,159 | +€9,509 | +204.5% |
| Taxes | 450/3 | €4,650 | €14,159 | +€9,509 | +204.5% |
| Other amounts payable | 47/48 | €152,267 | €135,796 | -€16,471 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,454 | €12,174 | +€8,719 | +252.4% |
| Other operating charges | 640/8 | €18,411 | €22,424 | +€4,014 | +21.8% |
| Gross operating margin | 9900 | €71,879 | €89,288 | +€17,408 | +24.2% |
| Operating profit (loss) | 9901 | €50,015 | €54,690 | +€4,676 | +9.3% |
| Financial income | 75/76B | €205 | €2 | -€203 | -99.1% |
| Recurring financial income | 75 | €205 | €2 | -€203 | -99.1% |
| Financial charges | 65/66B | €174 | €318 | +€144 | +82.7% |
| Recurring financial charges | 65 | €174 | €318 | +€144 | +82.7% |
| Profit (loss) for the period before taxes | 9903 | €50,045 | €54,374 | +€4,329 | +8.6% |
| Income taxes | 67/77 | €11,205 | €16,180 | +€4,975 | +44.4% |
| Profit (loss) for the period | 9904 | €38,840 | €38,194 | -€646 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,840 | €38,194 | -€646 | -1.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.