MOTION & LOGIC: 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.
MOTION & LOGIC
Largest movements
- Current investments -€59,885
down €59,885 (-59.3%), from €101,027 to €41,142
- Cash +€15,544
up €15,544 (+62.9%), from €24,693 to €40,238
mainly Current investments (+€59,885) and Net result for the year (+€46,844)
- Receivables within one year -€5,105
down €5,105 (-11.0%), from €46,387 to €41,282
of which Trade receivables: -€8,455
- Deferred charges and accrued income +€3,267
up €3,267, from €0 to €3,267
- Tangible fixed assets -€2,342
down €2,342 (-27.1%), from €8,646 to €6,304
of which Furniture and vehicles: -€1,678
- Profit (loss) carried forward -€33,156
down €33,156 (-28.0%), from €118,549 to €85,393
- Trade debts -€16,818
down €16,818 (-99.0%), from €16,995 to €177
- Gross operating margin +€3,716
up €3,716 (+5.8%), from €63,694 to €67,410
- Taxes +€2,873
up €2,873 (+17.3%), from €16,637 to €19,510
- Financial income +€2,508
up €2,508 (+470.9%), from €532 to €3,040
- Depreciation +€704
up €704 (+43.0%), from €1,638 to €2,342
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 | €181,503 | €132,983 | -€48,520 | -26.7% |
| Fixed assets | 21/28 | €9,396 | €7,054 | -€2,342 | -24.9% |
| Tangible fixed assets | 22/27 | €8,646 | €6,304 | -€2,342 | -27.1% |
| Plant, machinery and equipment | 23 | €1,879 | €1,215 | -€664 | -35.3% |
| Furniture and vehicles | 24 | €6,767 | €5,089 | -€1,678 | -24.8% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €172,107 | €125,928 | -€46,178 | -26.8% |
| Amounts receivable within one year | 40/41 | €46,387 | €41,282 | -€5,105 | -11.0% |
| Trade receivables | 40 | €34,008 | €25,552 | -€8,455 | -24.9% |
| Other amounts receivable | 41 | €12,379 | €15,730 | +€3,351 | +27.1% |
| Current investments | 50/53 | €101,027 | €41,142 | -€59,885 | -59.3% |
| Cash at bank and in hand | 54/58 | €24,693 | €40,238 | +€15,544 | +62.9% |
| Deferred charges and accrued income | 490/1 | €0 | €3,267 | +€3,267 | |
| Total equity and liabilities | 10/49 | €181,503 | €132,983 | -€48,520 | -26.7% |
| Equity | 10/15 | €139,009 | €105,853 | -€33,156 | -23.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,549 | €85,393 | -€33,156 | -28.0% |
| Amounts payable | 17/49 | €42,494 | €27,130 | -€15,364 | -36.2% |
| Amounts payable within one year | 42/48 | €42,494 | €27,130 | -€15,364 | -36.2% |
| Trade debts | 44 | €16,995 | €177 | -€16,818 | -99.0% |
| Suppliers | 440/4 | €16,995 | €177 | -€16,818 | -99.0% |
| Taxes, remuneration and social security | 45 | €25,499 | €26,953 | +€1,454 | +5.7% |
| Taxes | 450/3 | €23,008 | €26,953 | +€3,945 | +17.1% |
| Remuneration and social security | 454/9 | €2,491 | €0 | -€2,491 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,638 | €2,342 | +€704 | +43.0% |
| Other operating charges | 640/8 | €1,515 | €1,698 | +€183 | +12.1% |
| Gross operating margin | 9900 | €63,694 | €67,410 | +€3,716 | +5.8% |
| Operating profit (loss) | 9901 | €60,541 | €63,371 | +€2,829 | +4.7% |
| Financial income | 75/76B | €532 | €3,040 | +€2,508 | +470.9% |
| Recurring financial income | 75 | €532 | €3,040 | +€2,508 | +470.9% |
| Financial charges | 65/66B | €37 | €57 | +€20 | +54.2% |
| Recurring financial charges | 65 | €37 | €57 | +€20 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €61,037 | €66,353 | +€5,317 | +8.7% |
| Income taxes | 67/77 | €16,637 | €19,510 | +€2,873 | +17.3% |
| Profit (loss) for the period | 9904 | €44,400 | €46,844 | +€2,444 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,400 | €46,844 | +€2,444 | +5.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.