MOTJE: 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.
MOTJE
Largest movements
- Cash +€124,116
up €124,116 (+9.9%), from €1.2m to €1.4m
mainly Net result for the year (+€91,866) and Depreciation (+€25,422)
- Tangible fixed assets -€25,422
down €25,422 (-10.1%), from €251,262 to €225,840
- Reserves +€91,866
up €91,866 (+9.2%), from €1.0m to €1.1m
of which Distributable reserves: +€91,866
- Gross operating margin +€22,817
up €22,817 (+15.8%), from €144,111 to €166,928
- Financial income -€11,035
down €11,035 (-87.5%), from €12,611 to €1,576
- Taxes +€2,782
up €2,782 (+10.0%), from €27,841 to €30,622
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 | €1,504,489 | €1,602,990 | +€98,500 | +6.5% |
| Fixed assets | 21/28 | €251,262 | €225,840 | -€25,422 | -10.1% |
| Tangible fixed assets | 22/27 | €251,262 | €225,840 | -€25,422 | -10.1% |
| Land and buildings | 22 | €251,262 | €225,840 | -€25,422 | -10.1% |
| Current assets | 29/58 | €1,253,227 | €1,377,150 | +€123,923 | +9.9% |
| Amounts receivable within one year | 40/41 | €1,353 | €0 | -€1,353 | -100.0% |
| Trade receivables | 40 | €410 | €0 | -€410 | -100.0% |
| Other amounts receivable | 41 | €943 | €0 | -€943 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,248,603 | €1,372,719 | +€124,116 | +9.9% |
| Deferred charges and accrued income | 490/1 | €3,271 | €4,431 | +€1,160 | +35.5% |
| Total equity and liabilities | 10/49 | €1,504,489 | €1,602,990 | +€98,500 | +6.5% |
| Equity | 10/15 | €1,497,132 | €1,588,999 | +€91,866 | +6.1% |
| Contributions | 10/11 | €493,308 | €493,308 | = | 0.0% |
| Capital | 10 | €493,308 | €493,308 | = | 0.0% |
| Issued capital | 100 | €493,308 | €493,308 | = | 0.0% |
| Reserves | 13 | €1,003,824 | €1,095,691 | +€91,866 | +9.2% |
| Non-distributable reserves | 130/1 | €49,331 | €49,331 | = | 0.0% |
| Legal reserve | 130 | €49,331 | €49,331 | = | 0.0% |
| Distributable reserves | 133 | €954,493 | €1,046,360 | +€91,866 | +9.6% |
| Amounts payable | 17/49 | €7,357 | €13,991 | +€6,634 | +90.2% |
| Amounts payable within one year | 42/48 | €1,023 | €6,829 | +€5,806 | +567.3% |
| Trade debts | 44 | €0 | €657 | +€657 | |
| Suppliers | 440/4 | €0 | €657 | +€657 | |
| Taxes, remuneration and social security | 45 | - | €5,149 | +€5,149 | |
| Taxes | 450/3 | - | €5,149 | +€5,149 | |
| Other amounts payable | 47/48 | €1,023 | €1,023 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,333 | €7,161 | +€828 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,422 | €25,422 | = | 0.0% |
| Other operating charges | 640/8 | €19,582 | €20,195 | +€613 | +3.1% |
| Gross operating margin | 9900 | €144,111 | €166,928 | +€22,817 | +15.8% |
| Operating profit (loss) | 9901 | €99,107 | €121,311 | +€22,204 | +22.4% |
| Financial income | 75/76B | €12,611 | €1,576 | -€11,035 | -87.5% |
| Recurring financial income | 75 | €12,611 | €1,576 | -€11,035 | -87.5% |
| Financial charges | 65/66B | €356 | €398 | +€42 | +11.9% |
| Recurring financial charges | 65 | €356 | €398 | +€42 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €111,362 | €122,489 | +€11,126 | +10.0% |
| Income taxes | 67/77 | €27,841 | €30,622 | +€2,782 | +10.0% |
| Profit (loss) for the period | 9904 | €83,522 | €91,866 | +€8,345 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €83,522 | €91,866 | +€8,345 | +10.0% |
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 6 October 2026 via checked.be.