Motor-Ecu: 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.
Motor-Ecu
Largest movements
- Cash +€118,345
up €118,345 (+80.4%), from €147,186 to €265,531
mainly Net result for the year (+€74,746) and Depreciation (+€27,095)
- Tangible fixed assets -€35,469
down €35,469 (-33.7%), from €105,213 to €69,744
of which Plant, machinery and equipment: -€21,101
- Receivables within one year -€9,090
down €9,090 (-23.0%), from €39,508 to €30,418
- Reserves +€74,746
up €74,746 (+31.5%), from €236,976 to €311,721
- Gross operating margin +€29,569
up €29,569 (+20.7%), from €143,176 to €172,745
- Taxes +€12,685
up €12,685 (+67.0%), from €18,942 to €31,627
- Depreciation -€2,456
down €2,456 (-8.3%), from €29,551 to €27,095
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 | €295,997 | €369,820 | +€73,823 | +24.9% |
| Fixed assets | 21/28 | €105,213 | €69,744 | -€35,469 | -33.7% |
| Tangible fixed assets | 22/27 | €105,213 | €69,744 | -€35,469 | -33.7% |
| Land and buildings | 22 | €43,739 | €37,496 | -€6,243 | -14.3% |
| Plant, machinery and equipment | 23 | €42,042 | €20,941 | -€21,101 | -50.2% |
| Furniture and vehicles | 24 | €19,433 | €11,307 | -€8,125 | -41.8% |
| Current assets | 29/58 | €190,784 | €300,076 | +€109,293 | +57.3% |
| Amounts receivable within one year | 40/41 | €39,508 | €30,418 | -€9,090 | -23.0% |
| Trade receivables | 40 | €39,508 | €30,418 | -€9,090 | -23.0% |
| Cash at bank and in hand | 54/58 | €147,186 | €265,531 | +€118,345 | +80.4% |
| Deferred charges and accrued income | 490/1 | €4,090 | €4,127 | +€38 | +0.9% |
| Total equity and liabilities | 10/49 | €295,997 | €369,820 | +€73,823 | +24.9% |
| Equity | 10/15 | €241,976 | €316,721 | +€74,746 | +30.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €236,976 | €311,721 | +€74,746 | +31.5% |
| Distributable reserves | 133 | €236,976 | €311,721 | +€74,746 | +31.5% |
| Amounts payable | 17/49 | €54,021 | €53,099 | -€922 | -1.7% |
| Amounts payable within one year | 42/48 | €54,021 | €53,099 | -€922 | -1.7% |
| Trade debts | 44 | €4,527 | €1,557 | -€2,970 | -65.6% |
| Suppliers | 440/4 | €4,527 | €1,557 | -€2,970 | -65.6% |
| Taxes, remuneration and social security | 45 | €23,333 | €23,925 | +€592 | +2.5% |
| Taxes | 450/3 | €20,703 | €16,980 | -€3,723 | -18.0% |
| Remuneration and social security | 454/9 | €2,630 | €6,945 | +€4,315 | +164% |
| Other amounts payable | 47/48 | €26,161 | €27,617 | +€1,456 | +5.6% |
| Non-recurring operating income | 76A | - | €2,606 | +€2,606 | |
| Remuneration, social security and pensions | 62 | €36,829 | €38,221 | +€1,392 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,551 | €27,095 | -€2,456 | -8.3% |
| Other operating charges | 640/8 | €1,250 | €1,162 | -€88 | -7.1% |
| Gross operating margin | 9900 | €143,176 | €172,745 | +€29,569 | +20.7% |
| Operating profit (loss) | 9901 | €75,545 | €106,267 | +€30,722 | +40.7% |
| Financial income | 75/76B | €697 | €349 | -€348 | -49.9% |
| Recurring financial income | 75 | €697 | €349 | -€348 | -49.9% |
| Financial charges | 65/66B | €390 | €243 | -€146 | -37.5% |
| Recurring financial charges | 65 | €390 | €243 | -€146 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €75,852 | €106,372 | +€30,520 | +40.2% |
| Income taxes | 67/77 | €18,942 | €31,627 | +€12,685 | +67.0% |
| Profit (loss) for the period | 9904 | €56,910 | €74,746 | +€17,835 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,910 | €74,746 | +€17,835 | +31.3% |
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 21 October 2026 via checked.be.