MOTISHA: 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.
MOTISHA
Largest movements
- Cash +€155,986
up €155,986 (+125.7%), from €124,091 to €280,078
mainly Advances received (+€195,705) and Depreciation (+€150,396)
- Intangible fixed assets +€43,170
up €43,170 (+3.7%), from €1.2m to €1.2m
- Advances received +€195,705
up €195,705 (+135.5%), from €144,387 to €340,092
- Profit (loss) carried forward +€148,788
up €148,788 (+87.8%), from -€169,468 to -€20,680
- Debts after one year -€115,410
down €115,410 (-59.3%), from €194,587 to €79,178
- Provisions +€60,000
new in 2025: €60,000
- Current portion of long-term debt -€52,372
down €52,372 (-31.5%), from €166,476 to €114,104
- Depreciation -€230,054
down €230,054 (-60.5%), from €380,450 to €150,396
- Staff costs -€82,722
down €82,722 (-15.1%), from €549,280 to €466,558
- Gross operating margin +€78,425
up €78,425 (+10.2%), from €769,848 to €848,273
- Financial charges +€46,567
up €46,567 (+103.3%), from €45,073 to €91,640
of which Non-recurring financial charges: +€60,000
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 | €1,748,337 | €1,936,310 | +€187,973 | +10.8% |
| Fixed assets | 21/28 | €1,186,976 | €1,229,604 | +€42,628 | +3.6% |
| Intangible fixed assets | 21 | €1,166,839 | €1,210,008 | +€43,170 | +3.7% |
| Tangible fixed assets | 22/27 | €2,153 | €1,611 | -€542 | -25.2% |
| Plant, machinery and equipment | 23 | €2,153 | €1,611 | -€542 | -25.2% |
| Financial fixed assets | 28 | €17,985 | €17,985 | = | 0.0% |
| Current assets | 29/58 | €561,362 | €706,707 | +€145,345 | +25.9% |
| Stocks and contracts in progress | 3 | €32,169 | €28,720 | -€3,449 | -10.7% |
| Stocks | 30/36 | €32,169 | €28,720 | -€3,449 | -10.7% |
| Amounts receivable within one year | 40/41 | €403,936 | €393,728 | -€10,208 | -2.5% |
| Trade receivables | 40 | €262,453 | €215,189 | -€47,263 | -18.0% |
| Other amounts receivable | 41 | €141,483 | €178,539 | +€37,055 | +26.2% |
| Cash at bank and in hand | 54/58 | €124,091 | €280,078 | +€155,986 | +125.7% |
| Deferred charges and accrued income | 490/1 | €1,165 | €4,181 | +€3,016 | +258.9% |
| Total equity and liabilities | 10/49 | €1,748,337 | €1,936,310 | +€187,973 | +10.8% |
| Equity | 10/15 | €385,772 | €534,560 | +€148,788 | +38.6% |
| Contributions | 10/11 | €268,655 | €268,655 | = | 0.0% |
| Reserves | 13 | €286,585 | €286,585 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,887 | €26,887 | = | 0.0% |
| Distributable reserves | 133 | €259,698 | €259,698 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,468 | -€20,680 | +€148,788 | +87.8% |
| Provisions and deferred taxes | 16 | - | €60,000 | +€60,000 | |
| Provisions for liabilities and charges | 160/5 | - | €60,000 | +€60,000 | |
| Other liabilities and charges | 164/5 | - | €60,000 | +€60,000 | |
| Amounts payable | 17/49 | €1,362,565 | €1,341,750 | -€20,815 | -1.5% |
| Amounts payable after more than one year | 17 | €194,587 | €79,178 | -€115,410 | -59.3% |
| Financial debts | 170/4 | €194,587 | €79,178 | -€115,410 | -59.3% |
| Amounts payable within one year | 42/48 | €1,031,035 | €1,161,618 | +€130,582 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €166,476 | €114,104 | -€52,372 | -31.5% |
| Financial debts | 43 | €175,000 | €175,000 | = | 0.0% |
| Credit institutions | 430/8 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €447,383 | €455,294 | +€7,911 | +1.8% |
| Suppliers | 440/4 | €447,383 | €455,294 | +€7,911 | +1.8% |
| Advances received on contracts in progress | 46 | €144,387 | €340,092 | +€195,705 | +135.5% |
| Taxes, remuneration and social security | 45 | €94,369 | €75,286 | -€19,083 | -20.2% |
| Taxes | 450/3 | €16,951 | €1,198 | -€15,753 | -92.9% |
| Remuneration and social security | 454/9 | €77,418 | €74,088 | -€3,330 | -4.3% |
| Other amounts payable | 47/48 | €3,420 | €1,841 | -€1,579 | -46.2% |
| Accrued charges and deferred income | 492/3 | €136,943 | €100,954 | -€35,988 | -26.3% |
| Non-recurring operating income | 76A | €4,525 | €73,010 | +€68,485 | +1513.6% |
| Remuneration, social security and pensions | 62 | €549,280 | €466,558 | -€82,722 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380,450 | €150,396 | -€230,054 | -60.5% |
| Other operating charges | 640/8 | €1,730 | €2,444 | +€714 | +41.3% |
| Gross operating margin | 9900 | €769,848 | €848,273 | +€78,425 | +10.2% |
| Operating profit (loss) | 9901 | -€161,612 | €228,874 | +€390,486 | |
| Financial income | 75/76B | €16,607 | €12,111 | -€4,495 | -27.1% |
| Recurring financial income | 75 | €16,607 | €12,111 | -€4,495 | -27.1% |
| Financial charges | 65/66B | €45,073 | €91,640 | +€46,567 | +103.3% |
| Recurring financial charges | 65 | €45,073 | €31,640 | -€13,433 | -29.8% |
| Non-recurring financial charges | 66B | - | €60,000 | +€60,000 | |
| Profit (loss) for the period before taxes | 9903 | -€190,078 | €149,346 | +€339,424 | |
| Income taxes | 67/77 | €446 | €558 | +€112 | +25.2% |
| Profit (loss) for the period | 9904 | -€190,524 | €148,788 | +€339,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€190,524 | €148,788 | +€339,312 |
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 12 October 2026 via checked.be.