MOTHO: 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.
MOTHO
Largest movements
- Receivables within one year +€21,943
up €21,943 (+31.4%), from €69,904 to €91,847
of which Other amounts receivable: +€24,307
- Tangible fixed assets +€3,420
up €3,420 (+54.9%), from €6,235 to €9,656
of which Furniture and vehicles: +€3,771
- Cash +€2,307
up €2,307 (+9.9%), from €23,189 to €25,496
mainly Net result for the year (+€19,470) and Trade debts (+€18,486)
- Profit (loss) carried forward +€19,470
up €19,470 (+44.2%), from €44,049 to €63,519
- Trade debts +€18,486
up €18,486 (+89.1%), from €20,755 to €39,241
- Tax, wage and social debts -€14,904
down €14,904 (-47.7%), from €31,216 to €16,312
- Current portion of long-term debt +€4,048
new in 2025: €4,048
- Financial charges +€22,043
up €22,043 (+75.4%), from €29,244 to €51,287
- Gross operating margin -€9,699
down €9,699 (-11.5%), from €84,310 to €74,612
- Taxes -€7,223
down €7,223 (-54.7%), from €13,197 to €5,974
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 | €100,121 | €127,668 | +€27,546 | +27.5% |
| Fixed assets | 21/28 | €6,235 | €9,656 | +€3,420 | +54.9% |
| Tangible fixed assets | 22/27 | €6,235 | €9,656 | +€3,420 | +54.9% |
| Furniture and vehicles | 24 | - | €3,771 | +€3,771 | |
| Other tangible fixed assets | 26 | €6,235 | €5,885 | -€350 | -5.6% |
| Current assets | 29/58 | €93,886 | €118,012 | +€24,126 | +25.7% |
| Amounts receivable within one year | 40/41 | €69,904 | €91,847 | +€21,943 | +31.4% |
| Trade receivables | 40 | €35,353 | €32,989 | -€2,364 | -6.7% |
| Other amounts receivable | 41 | €34,551 | €58,858 | +€24,307 | +70.3% |
| Cash at bank and in hand | 54/58 | €23,189 | €25,496 | +€2,307 | +9.9% |
| Deferred charges and accrued income | 490/1 | €793 | €669 | -€124 | -15.6% |
| Total equity and liabilities | 10/49 | €100,121 | €127,668 | +€27,546 | +27.5% |
| Equity | 10/15 | €48,049 | €67,519 | +€19,470 | +40.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,049 | €63,519 | +€19,470 | +44.2% |
| Amounts payable | 17/49 | €52,072 | €60,149 | +€8,076 | +15.5% |
| Amounts payable within one year | 42/48 | €52,072 | €60,149 | +€8,076 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,048 | +€4,048 | |
| Financial debts | 43 | €101 | €548 | +€447 | +442.1% |
| Credit institutions | 430/8 | €101 | €548 | +€447 | +442.1% |
| Trade debts | 44 | €20,755 | €39,241 | +€18,486 | +89.1% |
| Suppliers | 440/4 | €20,755 | €39,241 | +€18,486 | +89.1% |
| Taxes, remuneration and social security | 45 | €31,216 | €16,312 | -€14,904 | -47.7% |
| Taxes | 450/3 | €31,216 | €16,312 | -€14,904 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69 | €833 | +€763 | +1104.3% |
| Other operating charges | 640/8 | €865 | €463 | -€402 | -46.4% |
| Gross operating margin | 9900 | €84,310 | €74,612 | -€9,699 | -11.5% |
| Operating profit (loss) | 9901 | €83,376 | €73,316 | -€10,061 | -12.1% |
| Financial income | 75/76B | €2,760 | €3,416 | +€656 | +23.8% |
| Recurring financial income | 75 | €2,760 | €3,416 | +€656 | +23.8% |
| Financial charges | 65/66B | €29,244 | €51,287 | +€22,043 | +75.4% |
| Recurring financial charges | 65 | €29,244 | €51,287 | +€22,043 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | €56,892 | €25,444 | -€31,448 | -55.3% |
| Income taxes | 67/77 | €13,197 | €5,974 | -€7,223 | -54.7% |
| Profit (loss) for the period | 9904 | €43,695 | €19,470 | -€24,225 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,695 | €19,470 | -€24,225 | -55.4% |
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.