MOTIV+: 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.
MOTIV+
Largest movements
- Tangible fixed assets -€25,289
down €25,289 (-8.8%), from €286,064 to €260,774
of which Plant, machinery and equipment: -€13,852
- Cash +€12,763
up €12,763 (+31.7%), from €40,217 to €52,980
mainly Depreciation (+€25,783) and Net result for the year (+€25,217)
- Debts after one year -€26,669
down €26,669 (-15.9%), from €168,255 to €141,586
- Reserves +€25,217
up €25,217 (+12.4%), from €203,991 to €229,208
- Gross operating margin -€19,194
down €19,194 (-12.3%), from €156,433 to €137,240
- Staff costs -€8,647
down €8,647 (-10.8%), from €79,840 to €71,193
- Depreciation -€2,503
down €2,503 (-8.8%), from €28,285 to €25,783
- Financial charges -€2,160
down €2,160 (-27.7%), from €7,786 to €5,626
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 | €449,146 | €437,536 | -€11,610 | -2.6% |
| Fixed assets | 21/28 | €286,557 | €260,774 | -€25,783 | -9.0% |
| Intangible fixed assets | 21 | €493 | - | -€493 | |
| Tangible fixed assets | 22/27 | €286,064 | €260,774 | -€25,289 | -8.8% |
| Land and buildings | 22 | €241,214 | €233,825 | -€7,389 | -3.1% |
| Plant, machinery and equipment | 23 | €35,596 | €21,744 | -€13,852 | -38.9% |
| Furniture and vehicles | 24 | €9,253 | €5,205 | -€4,048 | -43.8% |
| Current assets | 29/58 | €162,589 | €176,762 | +€14,172 | +8.7% |
| Stocks and contracts in progress | 3 | €116,814 | €115,516 | -€1,298 | -1.1% |
| Stocks | 30/36 | €116,814 | €115,516 | -€1,298 | -1.1% |
| Amounts receivable within one year | 40/41 | €3,744 | €4,719 | +€975 | +26.0% |
| Trade receivables | 40 | €3,716 | €1,185 | -€2,532 | -68.1% |
| Other amounts receivable | 41 | €28 | €3,535 | +€3,507 | +12488.4% |
| Cash at bank and in hand | 54/58 | €40,217 | €52,980 | +€12,763 | +31.7% |
| Deferred charges and accrued income | 490/1 | €1,814 | €3,546 | +€1,732 | +95.5% |
| Total equity and liabilities | 10/49 | €449,146 | €437,536 | -€11,610 | -2.6% |
| Equity | 10/15 | €222,541 | €247,758 | +€25,217 | +11.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €203,991 | €229,208 | +€25,217 | +12.4% |
| Distributable reserves | 133 | €203,991 | €229,208 | +€25,217 | +12.4% |
| Amounts payable | 17/49 | €226,605 | €189,777 | -€36,828 | -16.3% |
| Amounts payable after more than one year | 17 | €168,255 | €141,586 | -€26,669 | -15.9% |
| Financial debts | 170/4 | €168,255 | €141,586 | -€26,669 | -15.9% |
| Amounts payable within one year | 42/48 | €58,350 | €48,191 | -€10,159 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €26,233 | €23,134 | -€3,099 | -11.8% |
| Trade debts | 44 | €13,085 | €8,770 | -€4,315 | -33.0% |
| Suppliers | 440/4 | €13,085 | €8,770 | -€4,315 | -33.0% |
| Advances received on contracts in progress | 46 | €5,650 | €2,150 | -€3,500 | -61.9% |
| Taxes, remuneration and social security | 45 | €13,383 | €14,137 | +€755 | +5.6% |
| Taxes | 450/3 | €4,023 | €4,895 | +€872 | +21.7% |
| Remuneration and social security | 454/9 | €9,360 | €9,242 | -€117 | -1.3% |
| Remuneration, social security and pensions | 62 | €79,840 | €71,193 | -€8,647 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,285 | €25,783 | -€2,503 | -8.8% |
| Other operating charges | 640/8 | €1,953 | €2,013 | +€60 | +3.1% |
| Gross operating margin | 9900 | €156,433 | €137,240 | -€19,194 | -12.3% |
| Operating profit (loss) | 9901 | €46,354 | €38,250 | -€8,104 | -17.5% |
| Financial income | 75/76B | €678 | €1,603 | +€926 | +136.5% |
| Recurring financial income | 75 | €678 | €1,603 | +€926 | +136.5% |
| Financial charges | 65/66B | €7,786 | €5,626 | -€2,160 | -27.7% |
| Recurring financial charges | 65 | €7,786 | €5,626 | -€2,160 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €39,246 | €34,228 | -€5,018 | -12.8% |
| Income taxes | 67/77 | €10,028 | €9,010 | -€1,017 | -10.1% |
| Profit (loss) for the period | 9904 | €29,218 | €25,217 | -€4,001 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,218 | €25,217 | -€4,001 | -13.7% |
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 10 October 2026 via checked.be.