MOTHER: 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.
MOTHER
Largest movements
- Cash +€335,868
up €335,868 (+54.4%), from €616,862 to €952,730
mainly Investment in fixed assets (net) (+€220,584) and Depreciation (+€112,370)
- Tangible fixed assets -€332,955
down €332,955 (-8.8%), from €3.8m to €3.5m
of which Land and buildings: -€327,417
- Reserves +€61,064
up €61,064 (+1.5%), from €4.1m to €4.1m
- Gross operating margin +€257,483
up €257,483 (+484.4%), from €53,156 to €310,639
- Depreciation -€23,639
down €23,639 (-17.4%), from €136,009 to €112,370
- Taxes +€5,816
up €5,816 (+1596.8%), from €364 to €6,181
- Other operating charges +€3,895
up €3,895 (+3.8%), from €103,130 to €107,024
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 | €5,236,155 | €5,257,732 | +€21,577 | +0.4% |
| Fixed assets | 21/28 | €3,786,211 | €3,453,256 | -€332,955 | -8.8% |
| Tangible fixed assets | 22/27 | €3,786,211 | €3,453,256 | -€332,955 | -8.8% |
| Land and buildings | 22 | €3,685,265 | €3,357,847 | -€327,417 | -8.9% |
| Plant, machinery and equipment | 23 | €71,605 | €42,556 | -€29,049 | -40.6% |
| Furniture and vehicles | 24 | €29,341 | €52,853 | +€23,512 | +80.1% |
| Current assets | 29/58 | €1,449,944 | €1,804,476 | +€354,532 | +24.5% |
| Amounts receivable within one year | 40/41 | €28,801 | €35,031 | +€6,230 | +21.6% |
| Trade receivables | 40 | €28,801 | €30,674 | +€1,873 | +6.5% |
| Other amounts receivable | 41 | €0 | €4,357 | +€4,357 | |
| Current investments | 50/53 | €804,281 | €815,957 | +€11,677 | +1.5% |
| Cash at bank and in hand | 54/58 | €616,862 | €952,730 | +€335,868 | +54.4% |
| Deferred charges and accrued income | 490/1 | €0 | €757 | +€757 | |
| Total equity and liabilities | 10/49 | €5,236,155 | €5,257,732 | +€21,577 | +0.4% |
| Equity | 10/15 | €4,450,455 | €4,511,519 | +€61,064 | +1.4% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €4,050,455 | €4,111,519 | +€61,064 | +1.5% |
| Distributable reserves | 133 | €4,050,455 | €4,111,519 | +€61,064 | +1.5% |
| Amounts payable | 17/49 | €785,700 | €746,212 | -€39,487 | -5.0% |
| Amounts payable within one year | 42/48 | €784,000 | €746,212 | -€37,787 | -4.8% |
| Trade debts | 44 | €25,869 | €38,696 | +€12,828 | +49.6% |
| Suppliers | 440/4 | €25,869 | €38,696 | +€12,828 | +49.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,975 | €6,659 | +€684 | +11.4% |
| Taxes | 450/3 | €5,975 | €6,659 | +€684 | +11.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €752,156 | €700,857 | -€51,299 | -6.8% |
| Accrued charges and deferred income | 492/3 | €1,700 | €0 | -€1,700 | -100.0% |
| Remuneration, social security and pensions | 62 | €25,477 | €25,886 | +€409 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,009 | €112,370 | -€23,639 | -17.4% |
| Other operating charges | 640/8 | €103,130 | €107,024 | +€3,895 | +3.8% |
| Gross operating margin | 9900 | €53,156 | €310,639 | +€257,483 | +484.4% |
| Operating profit (loss) | 9901 | -€211,460 | €65,359 | +€276,818 | |
| Financial income | 75/76B | €80 | €2,223 | +€2,143 | +2677.2% |
| Recurring financial income | 75 | €80 | €2,223 | +€2,143 | +2677.2% |
| Financial charges | 65/66B | €184 | €337 | +€153 | +82.9% |
| Recurring financial charges | 65 | €184 | €337 | +€153 | +82.9% |
| Profit (loss) for the period before taxes | 9903 | -€211,564 | €67,245 | +€278,809 | |
| Income taxes | 67/77 | €364 | €6,181 | +€5,816 | +1596.8% |
| Profit (loss) for the period | 9904 | -€211,928 | €61,064 | +€272,993 | |
| Profit (loss) for the period to be appropriated | 9905 | -€211,928 | €61,064 | +€272,993 |
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 12 October 2026 via checked.be.