MOLVA: 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.
MOLVA
Largest movements
- Tangible fixed assets +€422,669
up €422,669 (+40.5%), from €1.0m to €1.5m
- Cash -€167,727
down €167,727 (-69.3%), from €241,974 to €74,247
mainly Investment in fixed assets (net) (-€492,800) and Tax, wage and social debts (-€11,822)
- Receivables within one year -€21,807
down €21,807 (-49.6%), from €44,008 to €22,201
of which Trade receivables: -€44,000
- Debts after one year +€134,002
up €134,002 (+49.7%), from €269,800 to €403,801
- Other debts +€93,873
up €93,873 (+30.7%), from €305,948 to €399,821
- Depreciation +€52,868
up €52,868 (+306%), from €17,264 to €70,131
- Gross operating margin -€50,041
down €50,041 (-33.6%), from €148,866 to €98,825
- Taxes -€32,209
down €32,209 (-93.6%), from €34,420 to €2,211
- Financial charges +€8,520
up €8,520 (+143%), from €5,961 to €14,482
- Financial income -€3,117
down €3,117 (-99.7%), from €3,127 to €10
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 | €1,330,768 | €1,563,315 | +€232,546 | +17.5% |
| Fixed assets | 21/28 | €1,043,393 | €1,466,062 | +€422,669 | +40.5% |
| Tangible fixed assets | 22/27 | €1,043,393 | €1,466,062 | +€422,669 | +40.5% |
| Land and buildings | 22 | €1,043,393 | €1,466,062 | +€422,669 | +40.5% |
| Current assets | 29/58 | €287,375 | €97,252 | -€190,123 | -66.2% |
| Amounts receivable within one year | 40/41 | €44,008 | €22,201 | -€21,807 | -49.6% |
| Trade receivables | 40 | €44,000 | - | -€44,000 | |
| Other amounts receivable | 41 | €8 | €22,201 | +€22,193 | +283,799% |
| Cash at bank and in hand | 54/58 | €241,974 | €74,247 | -€167,727 | -69.3% |
| Deferred charges and accrued income | 490/1 | €1,393 | €804 | -€589 | -42.3% |
| Total equity and liabilities | 10/49 | €1,330,768 | €1,563,315 | +€232,546 | +17.5% |
| Equity | 10/15 | €634,673 | €641,473 | +€6,800 | +1.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €534,673 | €541,473 | +€6,800 | +1.3% |
| Distributable reserves | 133 | €534,673 | €541,473 | +€6,800 | +1.3% |
| Amounts payable | 17/49 | €696,096 | €921,842 | +€225,746 | +32.4% |
| Amounts payable after more than one year | 17 | €269,800 | €403,801 | +€134,002 | +49.7% |
| Financial debts | 170/4 | €269,800 | €403,801 | +€134,002 | +49.7% |
| Amounts payable within one year | 42/48 | €426,296 | €518,040 | +€91,745 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €106,902 | €116,837 | +€9,935 | +9.3% |
| Trade debts | 44 | €241 | - | -€241 | |
| Suppliers | 440/4 | €241 | - | -€241 | |
| Taxes, remuneration and social security | 45 | €13,205 | €1,383 | -€11,822 | -89.5% |
| Taxes | 450/3 | €13,205 | €1,383 | -€11,822 | -89.5% |
| Other amounts payable | 47/48 | €305,948 | €399,821 | +€93,873 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,264 | €70,131 | +€52,868 | +306% |
| Other operating charges | 640/8 | €5,640 | €5,211 | -€429 | -7.6% |
| Gross operating margin | 9900 | €148,866 | €98,825 | -€50,041 | -33.6% |
| Operating profit (loss) | 9901 | €125,962 | €23,483 | -€102,480 | -81.4% |
| Financial income | 75/76B | €3,127 | €10 | -€3,117 | -99.7% |
| Recurring financial income | 75 | €3,127 | €10 | -€3,117 | -99.7% |
| Financial charges | 65/66B | €5,961 | €14,482 | +€8,520 | +143% |
| Recurring financial charges | 65 | €5,961 | €14,482 | +€8,520 | +143% |
| Profit (loss) for the period before taxes | 9903 | €123,128 | €9,011 | -€114,117 | -92.7% |
| Income taxes | 67/77 | €34,420 | €2,211 | -€32,209 | -93.6% |
| Profit (loss) for the period | 9904 | €88,708 | €6,800 | -€81,908 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,708 | €6,800 | -€81,908 | -92.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.