MOTIF CONSTRUCT: what changed
Two fiscal 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.
MOTIF CONSTRUCT
Largest movements
- Stocks and contracts +€1.8m
up €1.8m (+56.6%), from €3.2m to €5.0m
- Cash +€101,287
up €101,287 (+368.6%), from €27,477 to €128,764
mainly Other debts (+€5.2m) and Receivables within one year (+€88,508)
- Receivables within one year -€88,508
down €88,508 (-43.9%), from €201,660 to €113,152
of which Trade receivables: -€64,692
- Other debts +€5.2m
up €5.2m (+9827.2%), from €52,694 to €5.2m
- Debts after one year -€2.3m
down €2.3m (-100.0%), from €2.3m to €0
- Trade debts -€964,339
down €964,339 (-86.6%), from €1.1m to €149,764
- Profit (loss) carried forward -€145,525
down €145,525 (-271.4%), from -€53,629 to -€199,153
- Tax, wage and social debts +€64,253
up €64,253, from €0 to €64,253
- Other operating charges +€42,433
up €42,433 (+114.7%), from €36,980 to €79,413
- Gross operating margin -€28,806
down €28,806 (-131.2%), from -€21,951 to -€50,756
- Financial charges +€17,419
up €17,419 (+5435.4%), from €320 to €17,739
- Write-downs +€15,236
up €15,236, from -€15,236 to €0
- Financial income +€3,632
up €3,632 (+2270.9%), from €160 to €3,792
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 | €3,449,515 | €5,288,567 | +€1.8m | +53.3% |
| Fixed assets | 21/28 | €1,140 | €4,919 | +€3,779 | +331.5% |
| Tangible fixed assets | 22/27 | - | €3,779 | +€3,779 | |
| Furniture and vehicles | 24 | - | €3,779 | +€3,779 | |
| Financial fixed assets | 28 | €1,140 | €1,140 | = | 0.0% |
| Current assets | 29/58 | €3,448,375 | €5,283,648 | +€1.8m | +53.2% |
| Stocks and contracts in progress | 3 | €3,218,585 | €5,040,904 | +€1.8m | +56.6% |
| Stocks | 30/36 | €3,218,585 | €5,040,904 | +€1.8m | +56.6% |
| Amounts receivable within one year | 40/41 | €201,660 | €113,152 | -€88,508 | -43.9% |
| Trade receivables | 40 | €97,132 | €32,440 | -€64,692 | -66.6% |
| Other amounts receivable | 41 | €104,528 | €80,712 | -€23,816 | -22.8% |
| Cash at bank and in hand | 54/58 | €27,477 | €128,764 | +€101,287 | +368.6% |
| Deferred charges and accrued income | 490/1 | €653 | €829 | +€176 | +27.0% |
| Total equity and liabilities | 10/49 | €3,449,515 | €5,288,567 | +€1.8m | +53.3% |
| Equity | 10/15 | -€33,629 | -€179,153 | -€145,525 | -432.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,629 | -€199,153 | -€145,525 | -271.4% |
| Amounts payable | 17/49 | €3,483,143 | €5,467,720 | +€2.0m | +57.0% |
| Amounts payable after more than one year | 17 | €2,275,000 | €0 | -€2.3m | -100.0% |
| Financial debts | 170/4 | €2,275,000 | €0 | -€2.3m | -100.0% |
| Amounts payable within one year | 42/48 | €1,166,798 | €5,445,055 | +€4.3m | +366.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,114,103 | €149,764 | -€964,339 | -86.6% |
| Suppliers | 440/4 | €1,114,103 | €149,764 | -€964,339 | -86.6% |
| Taxes, remuneration and social security | 45 | €0 | €64,253 | +€64,253 | |
| Taxes | 450/3 | €0 | €64,253 | +€64,253 | |
| Other amounts payable | 47/48 | €52,694 | €5,231,037 | +€5.2m | +9827.2% |
| Accrued charges and deferred income | 492/3 | €41,346 | €22,665 | -€18,680 | -45.2% |
| Non-recurring operating income | 76A | €6,737 | €0 | -€6,737 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €1,408 | +€1,408 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€15,236 | €0 | +€15,236 | |
| Other operating charges | 640/8 | €36,980 | €79,413 | +€42,433 | +114.7% |
| Non-recurring operating charges | 66A | €20,000 | €0 | -€20,000 | -100.0% |
| Gross operating margin | 9900 | -€21,951 | -€50,756 | -€28,806 | -131.2% |
| Operating profit (loss) | 9901 | -€63,695 | -€131,578 | -€67,883 | -106.6% |
| Financial income | 75/76B | €160 | €3,792 | +€3,632 | +2270.9% |
| Recurring financial income | 75 | €160 | €3,792 | +€3,632 | +2270.9% |
| Financial charges | 65/66B | €320 | €17,739 | +€17,419 | +5435.4% |
| Recurring financial charges | 65 | €320 | €17,739 | +€17,419 | +5435.4% |
| Profit (loss) for the period before taxes | 9903 | -€63,855 | -€145,525 | -€81,669 | -127.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€63,855 | -€145,525 | -€81,669 | -127.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,855 | -€145,525 | -€81,669 | -127.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.