MOTIF8: 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.
MOTIF8
Largest movements
- Receivables within one year +€281,200
up €281,200 (+461%), from €61,020 to €342,220
of which Other amounts receivable: +€295,720
- Cash -€146,204
down €146,204 (-53.0%), from €275,719 to €129,515
mainly Receivables within one year (-€281,200) and Investment in fixed assets (net) (-€50,215)
- Tangible fixed assets +€38,496
up €38,496 (+384%), from €10,023 to €48,519
of which Furniture and vehicles: +€36,073
- Reserves +€201,257
up €201,257 (+53.0%), from €380,018 to €581,276
- Profit (loss) carried forward -€51,264
down €51,264 (-100%), from €51,264 to €0
- Debts after one year +€31,288
new in 2025: €31,288
- Tax, wage and social debts -€20,131
down €20,131 (-64.9%), from €31,005 to €10,874
of which Taxes: -€20,542
- Current portion of long-term debt +€9,203
new in 2025: €9,203
- Financial income +€89,345
up €89,345 (+233%), from €38,385 to €127,730
- Gross operating margin +€14,131
up €14,131 (+33.0%), from €42,764 to €56,895
- Depreciation +€6,058
up €6,058 (+107%), from €5,661 to €11,719
- Taxes -€4,457
down €4,457 (-31.8%), from €14,006 to €9,549
- Financial charges +€1,427
up €1,427 (+647%), from €220 to €1,648
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 | €471,983 | €647,665 | +€175,681 | +37.2% |
| Fixed assets | 21/28 | €135,018 | €173,514 | +€38,496 | +28.5% |
| Tangible fixed assets | 22/27 | €10,023 | €48,519 | +€38,496 | +384% |
| Plant, machinery and equipment | 23 | - | €2,719 | +€2,719 | |
| Furniture and vehicles | 24 | €9,727 | €45,800 | +€36,073 | +371% |
| Other tangible fixed assets | 26 | €296 | €0 | -€296 | -100% |
| Financial fixed assets | 28 | €124,995 | €124,995 | = | 0.0% |
| Current assets | 29/58 | €336,965 | €474,151 | +€137,185 | +40.7% |
| Amounts receivable within one year | 40/41 | €61,020 | €342,220 | +€281,200 | +461% |
| Trade receivables | 40 | €14,520 | €0 | -€14,520 | -100% |
| Other amounts receivable | 41 | €46,500 | €342,220 | +€295,720 | +636% |
| Cash at bank and in hand | 54/58 | €275,719 | €129,515 | -€146,204 | -53.0% |
| Deferred charges and accrued income | 490/1 | €226 | €2,416 | +€2,190 | +969% |
| Total equity and liabilities | 10/49 | €471,983 | €647,665 | +€175,681 | +37.2% |
| Equity | 10/15 | €431,783 | €581,776 | +€149,993 | +34.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €380,018 | €581,276 | +€201,257 | +53.0% |
| Distributable reserves | 133 | €380,018 | €581,276 | +€201,257 | +53.0% |
| Profit (loss) carried forward | 14 | €51,264 | €0 | -€51,264 | -100% |
| Amounts payable | 17/49 | €40,201 | €65,889 | +€25,688 | +63.9% |
| Amounts payable after more than one year | 17 | - | €31,288 | +€31,288 | |
| Financial debts | 170/4 | - | €31,288 | +€31,288 | |
| Amounts payable within one year | 42/48 | €40,201 | €34,600 | -€5,600 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,203 | +€9,203 | |
| Trade debts | 44 | €3,435 | €1,435 | -€2,000 | -58.2% |
| Suppliers | 440/4 | €3,435 | €1,435 | -€2,000 | -58.2% |
| Taxes, remuneration and social security | 45 | €31,005 | €10,874 | -€20,131 | -64.9% |
| Taxes | 450/3 | €27,791 | €7,248 | -€20,542 | -73.9% |
| Remuneration and social security | 454/9 | €3,214 | €3,625 | +€411 | +12.8% |
| Other amounts payable | 47/48 | €5,761 | €13,090 | +€7,328 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,661 | €11,719 | +€6,058 | +107% |
| Other operating charges | 640/8 | €865 | €1,190 | +€325 | +37.6% |
| Gross operating margin | 9900 | €42,764 | €56,895 | +€14,131 | +33.0% |
| Operating profit (loss) | 9901 | €36,238 | €43,986 | +€7,747 | +21.4% |
| Financial income | 75/76B | €38,385 | €127,730 | +€89,345 | +233% |
| Recurring financial income | 75 | €38,385 | €127,730 | +€89,345 | +233% |
| Financial charges | 65/66B | €220 | €1,648 | +€1,427 | +647% |
| Recurring financial charges | 65 | €220 | €1,648 | +€1,427 | +647% |
| Profit (loss) for the period before taxes | 9903 | €74,403 | €170,068 | +€95,665 | +129% |
| Income taxes | 67/77 | €14,006 | €9,549 | -€4,457 | -31.8% |
| Profit (loss) for the period | 9904 | €60,398 | €160,520 | +€100,122 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €60,398 | €160,520 | +€100,122 | +166% |
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 18 October 2026 via checked.be.