MOTORMEN: 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.
MOTORMEN
Largest movements
- Receivables within one year -€2,646
down €2,646 (-3.7%), from €71,078 to €68,432
of which Other amounts receivable: -€4,213
- Cash +€1,533
up €1,533 (+67.8%), from €2,260 to €3,792
mainly Net result for the year (+€19,205) and Receivables within one year (+€2,646)
- Tangible fixed assets -€1,375
down €1,375 (-43.1%), from €3,191 to €1,816
- Profit (loss) carried forward +€19,205
up €19,205 (+93.9%), from -€20,456 to -€1,251
- Tax, wage and social debts -€14,435
down €14,435 (-84.9%), from €16,998 to €2,563
- Trade debts -€9,445
down €9,445 (-14.6%), from €64,753 to €55,308
- Other debts +€2,000
up €2,000 (+22.4%), from €8,942 to €10,942
- Gross operating margin +€86,823
up €86,823, from -€43,103 to €43,720
- Financial charges +€17,373
up €17,373 (+637%), from €2,729 to €20,102
- Other operating charges -€1,914
down €1,914 (-38.5%), from €4,978 to €3,063
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,326 | €75,651 | -€2,675 | -3.4% |
| Fixed assets | 21/28 | €3,191 | €1,816 | -€1,375 | -43.1% |
| Tangible fixed assets | 22/27 | €3,191 | €1,816 | -€1,375 | -43.1% |
| Plant, machinery and equipment | 23 | €3,191 | €1,816 | -€1,375 | -43.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €75,135 | €73,835 | -€1,300 | -1.7% |
| Amounts receivable within one year | 40/41 | €71,078 | €68,432 | -€2,646 | -3.7% |
| Trade receivables | 40 | €7,319 | €8,887 | +€1,567 | +21.4% |
| Other amounts receivable | 41 | €63,758 | €59,545 | -€4,213 | -6.6% |
| Cash at bank and in hand | 54/58 | €2,260 | €3,792 | +€1,533 | +67.8% |
| Deferred charges and accrued income | 490/1 | €1,798 | €1,611 | -€187 | -10.4% |
| Total equity and liabilities | 10/49 | €78,326 | €75,651 | -€2,675 | -3.4% |
| Equity | 10/15 | -€12,396 | €6,809 | +€19,205 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€20,456 | -€1,251 | +€19,205 | +93.9% |
| Amounts payable | 17/49 | €90,722 | €68,842 | -€21,880 | -24.1% |
| Amounts payable within one year | 42/48 | €90,722 | €68,842 | -€21,880 | -24.1% |
| Trade debts | 44 | €64,753 | €55,308 | -€9,445 | -14.6% |
| Suppliers | 440/4 | €64,753 | €55,308 | -€9,445 | -14.6% |
| Advances received on contracts in progress | 46 | €30 | €29 | -€1 | -3.1% |
| Taxes, remuneration and social security | 45 | €16,998 | €2,563 | -€14,435 | -84.9% |
| Taxes | 450/3 | €16,998 | €2,563 | -€14,435 | -84.9% |
| Other amounts payable | 47/48 | €8,942 | €10,942 | +€2,000 | +22.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €47 | €0 | -€47 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,375 | €1,375 | = | 0.0% |
| Other operating charges | 640/8 | €4,978 | €3,063 | -€1,914 | -38.5% |
| Gross operating margin | 9900 | -€43,103 | €43,720 | +€86,823 | |
| Operating profit (loss) | 9901 | -€49,503 | €39,282 | +€88,785 | |
| Financial income | 75/76B | €90 | €25 | -€66 | -72.8% |
| Recurring financial income | 75 | €90 | €25 | -€66 | -72.8% |
| Financial charges | 65/66B | €2,729 | €20,102 | +€17,373 | +637% |
| Recurring financial charges | 65 | €2,729 | €20,102 | +€17,373 | +637% |
| Profit (loss) for the period before taxes | 9903 | -€52,142 | €19,205 | +€71,347 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€52,142 | €19,205 | +€71,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,142 | €19,205 | +€71,347 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.