MOTEX: 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.
MOTEX
Largest movements
- Receivables within one year +€74,805
up €74,805 (+232.0%), from €32,250 to €107,055
- Tangible fixed assets -€17,280
down €17,280 (-3.9%), from €439,588 to €422,308
- Cash +€11,119
up €11,119 (+50.7%), from €21,949 to €33,069
mainly Net result for the year (+€69,352) and Tax, wage and social debts (+€26,500)
- Profit (loss) carried forward +€69,352
up €69,352 (+35.3%), from €196,534 to €265,886
- Debts after one year -€28,992
down €28,992 (-14.8%), from €196,053 to €167,061
- Tax, wage and social debts +€26,500
new in 2025: €26,500
- Gross operating margin +€29,280
up €29,280 (+28.8%), from €101,731 to €131,011
- Taxes +€9,046
up €9,046 (+52.4%), from €17,252 to €26,299
- Other operating charges +€5,475
up €5,475 (+91.8%), from €5,966 to €11,441
- Depreciation -€4,718
down €4,718 (-21.4%), from €21,998 to €17,280
- Financial charges +€2,323
up €2,323 (+36.5%), from €6,372 to €8,695
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 | €494,306 | €562,432 | +€68,126 | +13.8% |
| Fixed assets | 21/28 | €439,588 | €422,308 | -€17,280 | -3.9% |
| Tangible fixed assets | 22/27 | €439,588 | €422,308 | -€17,280 | -3.9% |
| Land and buildings | 22 | €439,588 | €422,308 | -€17,280 | -3.9% |
| Current assets | 29/58 | €54,718 | €140,124 | +€85,405 | +156.1% |
| Amounts receivable within one year | 40/41 | €32,250 | €107,055 | +€74,805 | +232.0% |
| Other amounts receivable | 41 | €32,250 | €107,055 | +€74,805 | +232.0% |
| Cash at bank and in hand | 54/58 | €21,949 | €33,069 | +€11,119 | +50.7% |
| Deferred charges and accrued income | 490/1 | €519 | - | -€519 | |
| Total equity and liabilities | 10/49 | €494,306 | €562,432 | +€68,126 | +13.8% |
| Equity | 10/15 | €269,052 | €338,404 | +€69,352 | +25.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €10,518 | €10,518 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,518 | €10,518 | = | 0.0% |
| Legal reserve | 130 | €10,518 | €10,518 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,534 | €265,886 | +€69,352 | +35.3% |
| Amounts payable | 17/49 | €225,254 | €224,028 | -€1,227 | -0.5% |
| Amounts payable after more than one year | 17 | €196,053 | €167,061 | -€28,992 | -14.8% |
| Financial debts | 170/4 | €196,053 | €167,061 | -€28,992 | -14.8% |
| Amounts payable within one year | 42/48 | €28,355 | €55,673 | +€27,317 | +96.3% |
| Current portion of amounts payable after more than one year | 42 | €27,944 | €28,992 | +€1,048 | +3.7% |
| Trade debts | 44 | €411 | €181 | -€230 | -56.0% |
| Suppliers | 440/4 | €411 | €181 | -€230 | -56.0% |
| Taxes, remuneration and social security | 45 | - | €26,500 | +€26,500 | |
| Taxes | 450/3 | - | €26,500 | +€26,500 | |
| Accrued charges and deferred income | 492/3 | €846 | €1,294 | +€448 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,998 | €17,280 | -€4,718 | -21.4% |
| Other operating charges | 640/8 | €5,966 | €11,441 | +€5,475 | +91.8% |
| Gross operating margin | 9900 | €101,731 | €131,011 | +€29,280 | +28.8% |
| Operating profit (loss) | 9901 | €73,768 | €102,291 | +€28,523 | +38.7% |
| Financial income | 75/76B | - | €2,055 | +€2,055 | |
| Recurring financial income | 75 | - | €2,055 | +€2,055 | |
| Financial charges | 65/66B | €6,372 | €8,695 | +€2,323 | +36.5% |
| Recurring financial charges | 65 | €6,372 | €8,695 | +€2,323 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €67,396 | €95,651 | +€28,255 | +41.9% |
| Income taxes | 67/77 | €17,252 | €26,299 | +€9,046 | +52.4% |
| Profit (loss) for the period | 9904 | €50,144 | €69,352 | +€19,209 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,144 | €69,352 | +€19,209 | +38.3% |
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 10 October 2026 via checked.be.