Molpim: 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.
Molpim
Largest movements
- Financial fixed assets +€1.4m
up €1.4m (+136.5%), from €998,614 to €2.4m
- Current investments -€930,000
down €930,000 (-56.4%), from €1.7m to €720,000
- Receivables after one year -€206,500
down €206,500 (-33.8%), from €611,600 to €405,100
- Cash -€137,845
down €137,845 (-72.4%), from €190,293 to €52,448
mainly Investment in fixed assets (net) (-€1.4m) and Tax, wage and social debts (-€8,762)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€55,513
down €55,513 (-51.5%), from €107,753 to €52,240
- Depreciation +€37,552
up €37,552 (+252.2%), from €14,893 to €52,445
- Gross operating margin +€23,311
up €23,311 (+115.6%), from €20,167 to €43,478
- Taxes -€23,217
down €23,217 (-62.8%), from €36,941 to €13,724
- Other operating charges +€1,701
up €1,701 (+63.4%), from €2,684 to €4,385
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 | €5,159,442 | €5,204,481 | +€45,039 | +0.9% |
| Fixed assets | 21/28 | €2,661,591 | €3,989,185 | +€1.3m | +49.9% |
| Tangible fixed assets | 22/27 | €1,662,976 | €1,627,571 | -€35,406 | -2.1% |
| Land and buildings | 22 | €1,662,976 | €1,627,571 | -€35,406 | -2.1% |
| Financial fixed assets | 28 | €998,614 | €2,361,614 | +€1.4m | +136.5% |
| Current assets | 29/58 | €2,497,851 | €1,215,296 | -€1.3m | -51.3% |
| Amounts receivable after more than one year | 29 | €611,600 | €405,100 | -€206,500 | -33.8% |
| Other amounts receivable | 291 | €611,600 | €405,100 | -€206,500 | -33.8% |
| Amounts receivable within one year | 40/41 | €25,993 | €25,132 | -€861 | -3.3% |
| Trade receivables | 40 | - | €19,602 | +€19,602 | |
| Other amounts receivable | 41 | €25,993 | €5,530 | -€20,463 | -78.7% |
| Current investments | 50/53 | €1,650,000 | €720,000 | -€930,000 | -56.4% |
| Cash at bank and in hand | 54/58 | €190,293 | €52,448 | -€137,845 | -72.4% |
| Deferred charges and accrued income | 490/1 | €19,965 | €12,615 | -€7,349 | -36.8% |
| Total equity and liabilities | 10/49 | €5,159,442 | €5,204,481 | +€45,039 | +0.9% |
| Equity | 10/15 | €5,143,366 | €5,168,160 | +€24,794 | +0.5% |
| Contributions | 10/11 | €21,666 | €21,666 | = | 0.0% |
| Reserves | 13 | €5,121,700 | €5,146,494 | +€24,794 | +0.5% |
| Non-distributable reserves | 130/1 | €2,167 | €2,167 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,167 | €2,167 | = | 0.0% |
| Distributable reserves | 133 | €5,119,533 | €5,144,327 | +€24,794 | +0.5% |
| Amounts payable | 17/49 | €16,076 | €36,321 | +€20,245 | +125.9% |
| Amounts payable within one year | 42/48 | €16,076 | €36,321 | +€20,245 | +125.9% |
| Trade debts | 44 | €6,671 | €15,165 | +€8,494 | +127.3% |
| Suppliers | 440/4 | €6,671 | €15,165 | +€8,494 | +127.3% |
| Taxes, remuneration and social security | 45 | €9,405 | €643 | -€8,762 | -93.2% |
| Taxes | 450/3 | €9,405 | €643 | -€8,762 | -93.2% |
| Other amounts payable | 47/48 | - | €20,514 | +€20,514 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,893 | €52,445 | +€37,552 | +252.2% |
| Other operating charges | 640/8 | €2,684 | €4,385 | +€1,701 | +63.4% |
| Gross operating margin | 9900 | €20,167 | €43,478 | +€23,311 | +115.6% |
| Operating profit (loss) | 9901 | €2,590 | -€13,351 | -€15,942 | |
| Financial income | 75/76B | €107,753 | €52,240 | -€55,513 | -51.5% |
| Recurring financial income | 75 | €107,753 | €52,240 | -€55,513 | -51.5% |
| Financial charges | 65/66B | €440 | €371 | -€68 | -15.5% |
| Recurring financial charges | 65 | €440 | €371 | -€68 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €109,904 | €38,518 | -€71,386 | -65.0% |
| Income taxes | 67/77 | €36,941 | €13,724 | -€23,217 | -62.8% |
| Profit (loss) for the period | 9904 | €72,963 | €24,794 | -€48,169 | -66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,963 | €24,794 | -€48,169 | -66.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.