MOTORKIT 2: 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.
MOTORKIT 2
Largest movements
- Cash -€588,884
down €588,884 (-48.0%), from €1.2m to €638,529
mainly Contributions, distributions and other (-€1.0m) and Tax, wage and social debts (-€144,859)
- Stocks and contracts -€143,859
down €143,859 (-10.9%), from €1.3m to €1.2m
- Tangible fixed assets -€54,292
down €54,292 (-34.0%), from €159,856 to €105,563
of which Furniture and vehicles: -€52,172
- Reserves -€1.0m
down €1.0m (-41.5%), from €2.4m to €1.4m
- Profit (loss) carried forward +€359,482
up €359,482 (+433%), from €83,004 to €442,486
- Tax, wage and social debts -€144,859
down €144,859 (-59.1%), from €244,993 to €100,134
of which Taxes: -€136,492
- Gross operating margin -€138,473
down €138,473 (-12.4%), from €1.1m to €974,150
- Taxes -€78,722
down €78,722 (-38.7%), from €203,403 to €124,681
- Financial charges +€20,406
up €20,406 (+39.6%), from €51,499 to €71,905
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 | €3,319,617 | €2,481,007 | -€838,610 | -25.3% |
| Fixed assets | 21/28 | €603,173 | €517,198 | -€85,975 | -14.3% |
| Intangible fixed assets | 21 | €443,318 | €411,635 | -€31,683 | -7.1% |
| Tangible fixed assets | 22/27 | €159,856 | €105,563 | -€54,292 | -34.0% |
| Plant, machinery and equipment | 23 | €16,302 | €14,182 | -€2,120 | -13.0% |
| Furniture and vehicles | 24 | €143,553 | €91,381 | -€52,172 | -36.3% |
| Current assets | 29/58 | €2,716,444 | €1,963,809 | -€752,635 | -27.7% |
| Stocks and contracts in progress | 3 | €1,316,511 | €1,172,652 | -€143,859 | -10.9% |
| Stocks | 30/36 | €1,316,511 | €1,172,652 | -€143,859 | -10.9% |
| Amounts receivable within one year | 40/41 | €70,484 | €50,852 | -€19,632 | -27.9% |
| Trade receivables | 40 | €70,484 | €25,322 | -€45,162 | -64.1% |
| Other amounts receivable | 41 | - | €25,530 | +€25,530 | |
| Current investments | 50/53 | €100,000 | €100,476 | +€476 | +0.5% |
| Cash at bank and in hand | 54/58 | €1,227,412 | €638,529 | -€588,884 | -48.0% |
| Deferred charges and accrued income | 490/1 | €2,037 | €1,300 | -€737 | -36.2% |
| Total equity and liabilities | 10/49 | €3,319,617 | €2,481,007 | -€838,610 | -25.3% |
| Equity | 10/15 | €2,549,545 | €1,892,748 | -€656,798 | -25.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,447,950 | €1,431,670 | -€1.0m | -41.5% |
| Distributable reserves | 133 | €2,447,950 | €1,431,670 | -€1.0m | -41.5% |
| Profit (loss) carried forward | 14 | €83,004 | €442,486 | +€359,482 | +433% |
| Amounts payable | 17/49 | €770,072 | €588,260 | -€181,812 | -23.6% |
| Amounts payable after more than one year | 17 | €413,910 | €383,112 | -€30,798 | -7.4% |
| Financial debts | 170/4 | €413,910 | €383,112 | -€30,798 | -7.4% |
| Amounts payable within one year | 42/48 | €356,161 | €205,147 | -€151,014 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €30,629 | €30,798 | +€169 | +0.6% |
| Trade debts | 44 | €52,611 | €56,426 | +€3,815 | +7.3% |
| Suppliers | 440/4 | €52,611 | €56,426 | +€3,815 | +7.3% |
| Taxes, remuneration and social security | 45 | €244,993 | €100,134 | -€144,859 | -59.1% |
| Taxes | 450/3 | €184,569 | €48,077 | -€136,492 | -74.0% |
| Remuneration and social security | 454/9 | €60,424 | €52,057 | -€8,367 | -13.8% |
| Other amounts payable | 47/48 | €27,929 | €17,789 | -€10,139 | -36.3% |
| Remuneration, social security and pensions | 62 | €321,647 | €329,566 | +€7,918 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,067 | €85,655 | -€3,411 | -3.8% |
| Other operating charges | 640/8 | €5,089 | €4,739 | -€350 | -6.9% |
| Gross operating margin | 9900 | €1,112,623 | €974,150 | -€138,473 | -12.4% |
| Operating profit (loss) | 9901 | €696,820 | €554,190 | -€142,630 | -20.5% |
| Financial income | 75/76B | €638 | €1,878 | +€1,240 | +195% |
| Recurring financial income | 75 | €638 | €1,878 | +€1,240 | +195% |
| Financial charges | 65/66B | €51,499 | €71,905 | +€20,406 | +39.6% |
| Recurring financial charges | 65 | €51,499 | €71,905 | +€20,406 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €645,959 | €484,163 | -€161,796 | -25.0% |
| Income taxes | 67/77 | €203,403 | €124,681 | -€78,722 | -38.7% |
| Profit (loss) for the period | 9904 | €442,556 | €359,482 | -€83,074 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €442,556 | €359,482 | -€83,074 | -18.8% |
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 24 October 2026 via checked.be.