MOTIS HWE: 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.
MOTIS HWE
Largest movements
- Tangible fixed assets +€38,882
new in 2025: €38,882
- Cash -€24,480
down €24,480 (-46.6%), from €52,528 to €28,048
mainly Investment in fixed assets (net) (-€52,233) and Receivables within one year (-€7,106)
- Receivables within one year +€7,106
up €7,106 (+75.5%), from €9,409 to €16,515
of which Other amounts receivable: +€5,156
- Debts after one year +€9,355
new in 2025: €9,355
- Current portion of long-term debt +€8,303
new in 2025: €8,303
- Reserves +€8,266
up €8,266 (+15.5%), from €53,333 to €61,599
- Tax, wage and social debts -€5,288
down €5,288 (-98.4%), from €5,374 to €86
- Other debts +€1,042
up €1,042 (+975%), from €107 to €1,149
- Gross operating margin -€18,545
down €18,545 (-39.1%), from €47,425 to €28,880
- Depreciation +€13,351
new in 2025: €13,351
- Taxes -€8,161
down €8,161 (-60.6%), from €13,471 to €5,310
- Financial charges +€803
up €803 (+1,398%), from €57 to €860
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 | €61,937 | €83,445 | +€21,508 | +34.7% |
| Fixed assets | 21/28 | - | €38,882 | +€38,882 | |
| Tangible fixed assets | 22/27 | - | €38,882 | +€38,882 | |
| Furniture and vehicles | 24 | - | €38,882 | +€38,882 | |
| Current assets | 29/58 | €61,937 | €44,562 | -€17,374 | -28.1% |
| Amounts receivable within one year | 40/41 | €9,409 | €16,515 | +€7,106 | +75.5% |
| Trade receivables | 40 | €9,076 | €11,025 | +€1,949 | +21.5% |
| Other amounts receivable | 41 | €333 | €5,490 | +€5,156 | +1,547% |
| Cash at bank and in hand | 54/58 | €52,528 | €28,048 | -€24,480 | -46.6% |
| Total equity and liabilities | 10/49 | €61,937 | €83,445 | +€21,508 | +34.7% |
| Equity | 10/15 | €55,333 | €63,599 | +€8,266 | +14.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €53,333 | €61,599 | +€8,266 | +15.5% |
| Distributable reserves | 133 | €53,333 | €61,599 | +€8,266 | +15.5% |
| Amounts payable | 17/49 | €6,604 | €19,846 | +€13,242 | +201% |
| Amounts payable after more than one year | 17 | - | €9,355 | +€9,355 | |
| Financial debts | 170/4 | - | €9,355 | +€9,355 | |
| Amounts payable within one year | 42/48 | €6,604 | €10,491 | +€3,887 | +58.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,303 | +€8,303 | |
| Trade debts | 44 | €1,123 | €953 | -€170 | -15.1% |
| Suppliers | 440/4 | €1,123 | €953 | -€170 | -15.1% |
| Taxes, remuneration and social security | 45 | €5,374 | €86 | -€5,288 | -98.4% |
| Taxes | 450/3 | €5,374 | €86 | -€5,288 | -98.4% |
| Other amounts payable | 47/48 | €107 | €1,149 | +€1,042 | +975% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €13,351 | +€13,351 | |
| Other operating charges | 640/8 | €637 | €1,092 | +€455 | +71.3% |
| Gross operating margin | 9900 | €47,425 | €28,880 | -€18,545 | -39.1% |
| Operating profit (loss) | 9901 | €46,787 | €14,437 | -€32,350 | -69.1% |
| Financial charges | 65/66B | €57 | €860 | +€803 | +1,398% |
| Recurring financial charges | 65 | €57 | €860 | +€803 | +1,398% |
| Profit (loss) for the period before taxes | 9903 | €46,730 | €13,577 | -€33,153 | -70.9% |
| Income taxes | 67/77 | €13,471 | €5,310 | -€8,161 | -60.6% |
| Profit (loss) for the period | 9904 | €33,259 | €8,266 | -€24,992 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,259 | €8,266 | -€24,992 | -75.1% |
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 14 October 2026 via checked.be.