MOTIOBEL: 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.
MOTIOBEL
Largest movements
- Cash -€18,144
down €18,144 (-24.2%), from €74,826 to €56,682
mainly Tax, wage and social debts (-€13,360) and Current portion of long-term debt (-€8,107)
- Stocks and contracts +€2,000
up €2,000 (+2.7%), from €72,955 to €74,955
- Tax, wage and social debts -€13,360
no longer reported in 2025 (was €13,360)
- Other debts +€10,736
up €10,736 (+12.9%), from €83,241 to €93,977
- Current portion of long-term debt -€8,107
no longer reported in 2025 (was €8,107)
- Trade debts -€6,381
down €6,381 (-20.9%), from €30,475 to €24,094
- Turnover +€109,789
up €109,789 (+35.4%), from €310,073 to €419,861
- Purchases and services +€69,356
up €69,356 (+36.5%), from €190,248 to €259,604
- Gross operating margin +€39,787
up €39,787 (+31.4%), from €126,707 to €166,494
- Taxes +€25,182
new in 2025: €25,182
- Staff costs +€7,584
up €7,584 (+6.1%), from €123,660 to €131,244
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 | €175,017 | €158,873 | -€16,144 | -9.2% |
| Fixed assets | 21/28 | €24,181 | €24,181 | = | 0.0% |
| Intangible fixed assets | 21 | €6,668 | €6,668 | = | 0.0% |
| Tangible fixed assets | 22/27 | €15,383 | €15,383 | = | 0.0% |
| Land and buildings | 22 | €15,383 | - | -€15,383 | |
| Plant, machinery and equipment | 23 | - | €15,383 | +€15,383 | |
| Financial fixed assets | 28 | €2,130 | €2,130 | = | 0.0% |
| Current assets | 29/58 | €150,836 | €134,692 | -€16,144 | -10.7% |
| Stocks and contracts in progress | 3 | €72,955 | €74,955 | +€2,000 | +2.7% |
| Stocks | 30/36 | €72,955 | €74,955 | +€2,000 | +2.7% |
| Amounts receivable within one year | 40/41 | €3,055 | €3,055 | = | 0.0% |
| Trade receivables | 40 | €3,055 | - | -€3,055 | |
| Other amounts receivable | 41 | - | €3,055 | +€3,055 | |
| Cash at bank and in hand | 54/58 | €74,826 | €56,682 | -€18,144 | -24.2% |
| Total equity and liabilities | 10/49 | €175,017 | €158,873 | -€16,144 | -9.2% |
| Equity | 10/15 | €26,403 | €27,372 | +€969 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,250 | €3,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,250 | €3,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,250 | €3,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,553 | €5,522 | +€969 | +21.3% |
| Amounts payable | 17/49 | €148,614 | €131,501 | -€17,113 | -11.5% |
| Amounts payable after more than one year | 17 | €13,431 | €13,431 | = | 0.0% |
| Financial debts | 170/4 | €13,431 | €13,431 | = | 0.0% |
| Amounts payable within one year | 42/48 | €135,184 | €118,071 | -€17,113 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €8,107 | - | -€8,107 | |
| Trade debts | 44 | €30,475 | €24,094 | -€6,381 | -20.9% |
| Suppliers | 440/4 | €30,475 | €24,094 | -€6,381 | -20.9% |
| Taxes, remuneration and social security | 45 | €13,360 | - | -€13,360 | |
| Taxes | 450/3 | €13,360 | - | -€13,360 | |
| Other amounts payable | 47/48 | €83,241 | €93,977 | +€10,736 | +12.9% |
| Turnover | 70 | €310,073 | €419,861 | +€109,789 | +35.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €190,248 | €259,604 | +€69,356 | +36.5% |
| Remuneration, social security and pensions | 62 | €123,660 | €131,244 | +€7,584 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €529 | +€529 | |
| Other operating charges | 640/8 | - | €5,539 | +€5,539 | |
| Gross operating margin | 9900 | €126,707 | €166,494 | +€39,787 | +31.4% |
| Operating profit (loss) | 9901 | €3,047 | €29,183 | +€26,136 | +857.6% |
| Financial charges | 65/66B | €1,856 | €2,572 | +€716 | +38.6% |
| Recurring financial charges | 65 | €1,856 | €2,572 | +€716 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €1,192 | €26,612 | +€25,420 | +2133.0% |
| Income taxes | 67/77 | - | €25,182 | +€25,182 | |
| Profit (loss) for the period | 9904 | €1,192 | €1,430 | +€238 | +20.0% |
| Transfer to tax-exempt reserves | 689 | - | €460 | +€460 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,192 | €969 | -€223 | -18.7% |
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 8 October 2026 via checked.be.