MOLTRES: 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.
MOLTRES
Largest movements
- Stocks and contracts +€223,053
up €223,053 (+539.4%), from €41,355 to €264,408
- Cash -€43,238
down €43,238 (-51.5%), from €83,878 to €40,640
mainly Stocks and contracts (-€223,053) and Receivables within one year (-€16,959)
- Receivables within one year +€16,959
up €16,959 (+35.1%), from €48,374 to €65,333
of which Trade receivables: +€13,822
- Trade debts +€91,914
up €91,914 (+1016.0%), from €9,047 to €100,961
- Reserves +€91,386
up €91,386 (+73.6%), from €124,126 to €215,512
- Tax, wage and social debts +€13,474
up €13,474 (+35.1%), from €38,434 to €51,908
- Gross operating margin -€13,096
down €13,096 (-10.2%), from €128,616 to €115,520
- Financial charges -€3,826
down €3,826 (-91.9%), from €4,165 to €339
- Taxes -€2,277
down €2,277 (-8.7%), from €26,072 to €23,795
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 | €173,607 | €370,381 | +€196,774 | +113.3% |
| Current assets | 29/58 | €173,607 | €370,381 | +€196,774 | +113.3% |
| Stocks and contracts in progress | 3 | €41,355 | €264,408 | +€223,053 | +539.4% |
| Stocks | 30/36 | €41,355 | €264,408 | +€223,053 | +539.4% |
| Amounts receivable within one year | 40/41 | €48,374 | €65,333 | +€16,959 | +35.1% |
| Trade receivables | 40 | €20,037 | €33,859 | +€13,822 | +69.0% |
| Other amounts receivable | 41 | €28,337 | €31,474 | +€3,137 | +11.1% |
| Cash at bank and in hand | 54/58 | €83,878 | €40,640 | -€43,238 | -51.5% |
| Total equity and liabilities | 10/49 | €173,607 | €370,381 | +€196,774 | +113.3% |
| Equity | 10/15 | €126,126 | €217,512 | +€91,386 | +72.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €124,126 | €215,512 | +€91,386 | +73.6% |
| Distributable reserves | 133 | €124,126 | €215,512 | +€91,386 | +73.6% |
| Amounts payable | 17/49 | €47,481 | €152,869 | +€105,388 | +222.0% |
| Amounts payable within one year | 42/48 | €47,481 | €152,869 | +€105,388 | +222.0% |
| Trade debts | 44 | €9,047 | €100,961 | +€91,914 | +1016.0% |
| Suppliers | 440/4 | €9,047 | €100,961 | +€91,914 | +1016.0% |
| Taxes, remuneration and social security | 45 | €38,434 | €51,908 | +€13,474 | +35.1% |
| Taxes | 450/3 | €38,434 | €51,908 | +€13,474 | +35.1% |
| Other operating charges | 640/8 | €467 | - | -€467 | |
| Gross operating margin | 9900 | €128,616 | €115,520 | -€13,096 | -10.2% |
| Operating profit (loss) | 9901 | €128,149 | €115,520 | -€12,629 | -9.9% |
| Financial charges | 65/66B | €4,165 | €339 | -€3,826 | -91.9% |
| Recurring financial charges | 65 | €4,165 | €339 | -€3,826 | -91.9% |
| Profit (loss) for the period before taxes | 9903 | €123,984 | €115,181 | -€8,803 | -7.1% |
| Income taxes | 67/77 | €26,072 | €23,795 | -€2,277 | -8.7% |
| Profit (loss) for the period | 9904 | €97,912 | €91,386 | -€6,526 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,912 | €91,386 | -€6,526 | -6.7% |
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 3 October 2026 via checked.be.