Molsch: 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.
Molsch
Largest movements
- Receivables within one year +€11,556
up €11,556 (+73.4%), from €15,736 to €27,292
of which Trade receivables: +€13,605
- Tangible fixed assets -€10,482
down €10,482 (-13.4%), from €78,127 to €67,646
of which Leasing and similar rights: -€5,618
- Cash -€8,103
down €8,103 (-48.1%), from €16,848 to €8,746
mainly Receivables within one year (-€11,556) and Debts after one year (-€5,979)
- Stocks and contracts -€3,223
down €3,223 (-54.5%), from €5,914 to €2,690
- Trade debts +€14,628
up €14,628 (+84.7%), from €17,268 to €31,897
- Debts after one year -€5,979
down €5,979 (-26.1%), from €22,945 to €16,965
- Current portion of long-term debt -€5,697
down €5,697 (-48.8%), from €11,677 to €5,979
- Reserves -€5,280
down €5,280 (-12.4%), from €42,508 to €37,228
- Short-term financial debts -€5,000
down €5,000 (-100%), from €5,000 to €0
- Gross operating margin -€16,025
down €16,025 (-52.6%), from €30,445 to €14,421
- Depreciation +€6,327
up €6,327 (+69.1%), from €9,155 to €15,482
- Taxes -€4,044
down €4,044, from €3,798 to -€245
- Other operating charges +€735
up €735 (+65.1%), from €1,128 to €1,863
- Financial charges +€506
up €506 (+21.8%), from €2,316 to €2,821
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 | €118,224 | €106,972 | -€11,252 | -9.5% |
| Fixed assets | 21/28 | €78,127 | €67,646 | -€10,482 | -13.4% |
| Tangible fixed assets | 22/27 | €78,127 | €67,646 | -€10,482 | -13.4% |
| Land and buildings | 22 | €41,152 | €35,974 | -€5,178 | -12.6% |
| Plant, machinery and equipment | 23 | €8,174 | €4,412 | -€3,762 | -46.0% |
| Furniture and vehicles | 24 | €1,049 | €5,125 | +€4,076 | +388% |
| Leasing and similar rights | 25 | €27,753 | €22,135 | -€5,618 | -20.2% |
| Current assets | 29/58 | €40,096 | €39,326 | -€771 | -1.9% |
| Stocks and contracts in progress | 3 | €5,914 | €2,690 | -€3,223 | -54.5% |
| Stocks | 30/36 | €5,914 | €2,690 | -€3,223 | -54.5% |
| Amounts receivable within one year | 40/41 | €15,736 | €27,292 | +€11,556 | +73.4% |
| Trade receivables | 40 | €11,604 | €25,209 | +€13,605 | +117% |
| Other amounts receivable | 41 | €4,132 | €2,083 | -€2,049 | -49.6% |
| Cash at bank and in hand | 54/58 | €16,848 | €8,746 | -€8,103 | -48.1% |
| Deferred charges and accrued income | 490/1 | €1,598 | €597 | -€1,001 | -62.6% |
| Total equity and liabilities | 10/49 | €118,224 | €106,972 | -€11,252 | -9.5% |
| Equity | 10/15 | €48,918 | €43,638 | -€5,280 | -10.8% |
| Contributions | 10/11 | €6,410 | €6,410 | = | 0.0% |
| Reserves | 13 | €42,508 | €37,228 | -€5,280 | -12.4% |
| Distributable reserves | 133 | €42,508 | €37,228 | -€5,280 | -12.4% |
| Amounts payable | 17/49 | €69,306 | €63,334 | -€5,972 | -8.6% |
| Amounts payable after more than one year | 17 | €22,945 | €16,965 | -€5,979 | -26.1% |
| Financial debts | 170/4 | €22,945 | €16,965 | -€5,979 | -26.1% |
| Amounts payable within one year | 42/48 | €45,361 | €46,305 | +€944 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €11,677 | €5,979 | -€5,697 | -48.8% |
| Financial debts | 43 | €5,000 | €0 | -€5,000 | -100% |
| Credit institutions | 430/8 | €5,000 | €0 | -€5,000 | -100% |
| Trade debts | 44 | €17,268 | €31,897 | +€14,628 | +84.7% |
| Suppliers | 440/4 | €17,268 | €31,897 | +€14,628 | +84.7% |
| Advances received on contracts in progress | 46 | - | €750 | +€750 | |
| Taxes, remuneration and social security | 45 | €9,730 | €6,015 | -€3,714 | -38.2% |
| Taxes | 450/3 | €6,956 | €2,742 | -€4,214 | -60.6% |
| Remuneration and social security | 454/9 | €2,774 | €3,274 | +€500 | +18.0% |
| Other amounts payable | 47/48 | €1,686 | €1,664 | -€23 | -1.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | €64 | -€937 | -93.7% |
| Remuneration, social security and pensions | 62 | €0 | €213 | +€213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,155 | €15,482 | +€6,327 | +69.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€250 | -€250 | |
| Other operating charges | 640/8 | €1,128 | €1,863 | +€735 | +65.1% |
| Gross operating margin | 9900 | €30,445 | €14,421 | -€16,025 | -52.6% |
| Operating profit (loss) | 9901 | €20,162 | -€2,887 | -€23,049 | |
| Financial income | 75/76B | €148 | €182 | +€35 | +23.5% |
| Recurring financial income | 75 | €148 | €182 | +€35 | +23.5% |
| Financial charges | 65/66B | €2,316 | €2,821 | +€506 | +21.8% |
| Recurring financial charges | 65 | €2,316 | €2,821 | +€506 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €17,994 | -€5,526 | -€23,520 | |
| Income taxes | 67/77 | €3,798 | -€245 | -€4,044 | |
| Profit (loss) for the period | 9904 | €14,196 | -€5,280 | -€19,476 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,196 | -€5,280 | -€19,476 |
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.