MORLANWELZ LOCATION: 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.
MORLANWELZ LOCATION
Largest movements
- Receivables after one year +€157,481
up €157,481, from €0 to €157,481
- Receivables within one year -€46,902
down €46,902 (-100%), from €46,902 to €0
of which Other amounts receivable: -€46,862
- Tangible fixed assets -€4,076
down €4,076 (-8.5%), from €48,188 to €44,112
of which Land and buildings: -€4,076
- Cash +€3,049
up €3,049 (+467%), from €652 to €3,701
mainly Net result for the year (+€114,874) and Receivables within one year (+€46,902)
- Profit (loss) carried forward +€114,874
up €114,874 (+79.9%), from -€143,803 to -€28,929
- Debts after one year -€14,269
down €14,269 (-5.1%), from €277,754 to €263,485
- Trade debts +€7,450
up €7,450 (+79.0%), from €9,434 to €16,883
- Gross operating margin +€120,664
up €120,664 (+1,684%), from €7,167 to €127,831
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 | €162,574 | €270,533 | +€107,959 | +66.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €48,188 | €44,112 | -€4,076 | -8.5% |
| Tangible fixed assets | 22/27 | €48,188 | €44,112 | -€4,076 | -8.5% |
| Land and buildings | 22 | €48,188 | €44,112 | -€4,076 | -8.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €114,386 | €226,421 | +€112,035 | +97.9% |
| Amounts receivable after more than one year | 29 | €0 | €157,481 | +€157,481 | |
| Other amounts receivable | 291 | €0 | €157,481 | +€157,481 | |
| Stocks and contracts in progress | 3 | €65,000 | €65,000 | = | 0.0% |
| Stocks | 30/36 | €65,000 | €65,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,902 | €0 | -€46,902 | -100% |
| Trade receivables | 40 | €40 | €0 | -€40 | -100% |
| Other amounts receivable | 41 | €46,862 | €0 | -€46,862 | -100% |
| Cash at bank and in hand | 54/58 | €652 | €3,701 | +€3,049 | +467% |
| Deferred charges and accrued income | 490/1 | €1,832 | €239 | -€1,593 | -87.0% |
| Total equity and liabilities | 10/49 | €162,574 | €270,533 | +€107,959 | +66.4% |
| Equity | 10/15 | -€125,203 | -€10,329 | +€114,874 | +91.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,803 | -€28,929 | +€114,874 | +79.9% |
| Amounts payable | 17/49 | €287,777 | €280,863 | -€6,915 | -2.4% |
| Amounts payable after more than one year | 17 | €277,754 | €263,485 | -€14,269 | -5.1% |
| Other amounts payable | 178/9 | €277,754 | €263,485 | -€14,269 | -5.1% |
| Amounts payable within one year | 42/48 | €10,024 | €17,378 | +€7,354 | +73.4% |
| Financial debts | 43 | €329 | €0 | -€329 | -100% |
| Credit institutions | 430/8 | €329 | €0 | -€329 | -100% |
| Trade debts | 44 | €9,434 | €16,883 | +€7,450 | +79.0% |
| Suppliers | 440/4 | €9,434 | €16,883 | +€7,450 | +79.0% |
| Taxes, remuneration and social security | 45 | €261 | €494 | +€233 | +89.1% |
| Taxes | 450/3 | €261 | €494 | +€233 | +89.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,076 | €4,076 | = | 0.0% |
| Other operating charges | 640/8 | €7,526 | €7,468 | -€57 | -0.8% |
| Gross operating margin | 9900 | €7,167 | €127,831 | +€120,664 | +1,684% |
| Operating profit (loss) | 9901 | -€4,435 | €116,287 | +€120,721 | |
| Financial charges | 65/66B | €282 | €1,413 | +€1,130 | +400% |
| Recurring financial charges | 65 | €282 | €1,413 | +€1,130 | +400% |
| Profit (loss) for the period before taxes | 9903 | -€4,717 | €114,874 | +€119,591 | |
| Profit (loss) for the period | 9904 | -€4,717 | €114,874 | +€119,591 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,717 | €114,874 | +€119,591 |
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 25 October 2026 via checked.be.