Motraco: 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.
Motraco
Largest movements
- Cash -€67,551
down €67,551 (-99.9%), from €67,586 to €35
mainly Net result for the year (-€60,040) and Investment in fixed assets (net) (-€42,205)
- Tangible fixed assets -€27,732
down €27,732 (-1.7%), from €1.7m to €1.6m
of which Land and buildings: -€33,960
- Reserves -€60,040
down €60,040 (-13.1%), from €458,679 to €398,639
of which Distributable reserves: -€60,040
- Other debts -€31,332
down €31,332 (-5.5%), from €574,841 to €543,509
- Gross operating margin -€1.9m
down €1.9m (-98.9%), from €1.9m to €20,926
- Taxes -€55,189
down €55,189 (-99.1%), from €55,693 to €504
- Financial charges -€50,866
down €50,866 (-100.0%), from €50,868 to €2
- Other operating charges -€19,727
down €19,727 (-63.9%), from €30,871 to €11,145
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 | €1,908,063 | €1,808,692 | -€99,371 | -5.2% |
| Fixed assets | 21/28 | €1,799,242 | €1,771,509 | -€27,732 | -1.5% |
| Tangible fixed assets | 22/27 | €1,653,992 | €1,626,259 | -€27,732 | -1.7% |
| Land and buildings | 22 | €1,486,256 | €1,452,296 | -€33,960 | -2.3% |
| Plant, machinery and equipment | 23 | €167,374 | €173,964 | +€6,589 | +3.9% |
| Furniture and vehicles | 24 | €362 | €0 | -€362 | -100% |
| Financial fixed assets | 28 | €145,250 | €145,250 | = | 0.0% |
| Current assets | 29/58 | €108,821 | €37,183 | -€71,639 | -65.8% |
| Amounts receivable within one year | 40/41 | €40,086 | €36,035 | -€4,051 | -10.1% |
| Trade receivables | 40 | €0 | €924 | +€924 | |
| Other amounts receivable | 41 | €40,086 | €35,112 | -€4,974 | -12.4% |
| Cash at bank and in hand | 54/58 | €67,586 | €35 | -€67,551 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,150 | €1,113 | -€37 | -3.2% |
| Total equity and liabilities | 10/49 | €1,908,063 | €1,808,692 | -€99,371 | -5.2% |
| Equity | 10/15 | €758,679 | €698,639 | -€60,040 | -7.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €458,679 | €398,639 | -€60,040 | -13.1% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,963 | €14,963 | = | 0.0% |
| Distributable reserves | 133 | €413,716 | €353,676 | -€60,040 | -14.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,149,384 | €1,110,053 | -€39,331 | -3.4% |
| Amounts payable after more than one year | 17 | €560,000 | €560,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €560,000 | €560,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €589,378 | €550,053 | -€39,325 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,260 | €1,132 | -€5,128 | -81.9% |
| Suppliers | 440/4 | €6,260 | €1,132 | -€5,128 | -81.9% |
| Taxes, remuneration and social security | 45 | €8,277 | €5,412 | -€2,865 | -34.6% |
| Taxes | 450/3 | €8,277 | €5,412 | -€2,865 | -34.6% |
| Other amounts payable | 47/48 | €574,841 | €543,509 | -€31,332 | -5.5% |
| Accrued charges and deferred income | 492/3 | €6 | €0 | -€6 | -100% |
| Non-recurring operating income | 76A | €2,007,944 | €0 | -€2.0m | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,856 | €69,937 | +€4,081 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €30,871 | €11,145 | -€19,727 | -63.9% |
| Gross operating margin | 9900 | €1,945,366 | €20,926 | -€1.9m | -98.9% |
| Operating profit (loss) | 9901 | €1,848,639 | -€60,156 | -€1.9m | |
| Financial income | 75/76B | €532 | €621 | +€89 | +16.8% |
| Recurring financial income | 75 | €532 | €621 | +€89 | +16.8% |
| Financial charges | 65/66B | €50,868 | €2 | -€50,866 | -100.0% |
| Recurring financial charges | 65 | €50,868 | €2 | -€50,866 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €1,798,303 | -€59,536 | -€1.9m | |
| Income taxes | 67/77 | €55,693 | €504 | -€55,189 | -99.1% |
| Profit (loss) for the period | 9904 | €1,742,611 | -€60,040 | -€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,742,611 | -€60,040 | -€1.8m |
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 20 October 2026 via checked.be.