MOMENTUM: 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.
MOMENTUM
Largest movements
- Tangible fixed assets +€14,443
new in 2026: €14,443
of which Plant, machinery and equipment: +€13,793
- Cash +€7,789
up €7,789 (+257%), from €3,033 to €10,822
mainly Other debts (+€25,674) and Tax, wage and social debts (+€7,022)
- Receivables within one year +€7,297
up €7,297 (+108%), from €6,745 to €14,042
of which Trade receivables: +€13,815
- Financial fixed assets +€5,100
up €5,100 (+233%), from €2,189 to €7,289
- Other debts +€25,674
new in 2026: €25,674
- Tax, wage and social debts +€7,022
new in 2026: €7,022
- Trade debts +€3,854
new in 2026: €3,854
- Profit (loss) carried forward -€1,921
down €1,921 (-22.8%), from -€8,438 to -€10,359
- Turnover +€194,027
up €194,027 (+6,967%), from €2,785 to €196,812
- Purchases and services +€112,703
up €112,703 (+2,811%), from €4,010 to €116,713
- Gross operating margin +€81,324
up €81,324, from -€1,225 to €80,099
- Staff costs +€77,211
new in 2026: €77,211
- Depreciation -€3,113
down €3,113 (-46.3%), from €6,723 to €3,610
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,967 | €46,596 | +€34,629 | +289% |
| Fixed assets | 21/28 | €2,189 | €21,732 | +€19,543 | +893% |
| Tangible fixed assets | 22/27 | - | €14,443 | +€14,443 | |
| Plant, machinery and equipment | 23 | - | €13,793 | +€13,793 | |
| Furniture and vehicles | 24 | - | €650 | +€650 | |
| Financial fixed assets | 28 | €2,189 | €7,289 | +€5,100 | +233% |
| Current assets | 29/58 | €9,778 | €24,864 | +€15,086 | +154% |
| Amounts receivable within one year | 40/41 | €6,745 | €14,042 | +€7,297 | +108% |
| Trade receivables | 40 | - | €13,815 | +€13,815 | |
| Other amounts receivable | 41 | €6,745 | €227 | -€6,518 | -96.6% |
| Cash at bank and in hand | 54/58 | €3,033 | €10,822 | +€7,789 | +257% |
| Total equity and liabilities | 10/49 | €11,967 | €46,596 | +€34,629 | +289% |
| Equity | 10/15 | €11,967 | €10,046 | -€1,921 | -16.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,438 | -€10,359 | -€1,921 | -22.8% |
| Amounts payable | 17/49 | - | €36,550 | +€36,550 | |
| Amounts payable within one year | 42/48 | - | €36,550 | +€36,550 | |
| Trade debts | 44 | - | €3,854 | +€3,854 | |
| Suppliers | 440/4 | - | €3,854 | +€3,854 | |
| Taxes, remuneration and social security | 45 | - | €7,022 | +€7,022 | |
| Taxes | 450/3 | - | €7,022 | +€7,022 | |
| Other amounts payable | 47/48 | - | €25,674 | +€25,674 | |
| Turnover | 70 | €2,785 | €196,812 | +€194,027 | +6,967% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,010 | €116,713 | +€112,703 | +2,811% |
| Remuneration, social security and pensions | 62 | - | €77,211 | +€77,211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,723 | €3,610 | -€3,113 | -46.3% |
| Other operating charges | 640/8 | €540 | €662 | +€122 | +22.6% |
| Gross operating margin | 9900 | -€1,225 | €80,099 | +€81,324 | |
| Operating profit (loss) | 9901 | -€8,488 | -€1,384 | +€7,104 | +83.7% |
| Financial income | 75/76B | €203 | - | -€203 | |
| Recurring financial income | 75 | €203 | - | -€203 | |
| Financial charges | 65/66B | - | €539 | +€539 | |
| Recurring financial charges | 65 | - | €539 | +€539 | |
| Profit (loss) for the period before taxes | 9903 | -€8,285 | -€1,923 | +€6,362 | +76.8% |
| Profit (loss) for the period | 9904 | -€8,285 | -€1,923 | +€6,362 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,285 | -€1,923 | +€6,362 | +76.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.