MOTRON: 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.
MOTRON
Largest movements
- Receivables within one year -€54,623
down €54,623 (-58.7%), from €93,081 to €38,459
of which Trade receivables: -€55,343
- Cash +€19,525
up €19,525 (+112.4%), from €17,370 to €36,895
mainly Receivables within one year (+€54,623) and Advances received (+€37,623)
- Stocks and contracts +€9,685
up €9,685 (+22.3%), from €43,452 to €53,137
- Intangible fixed assets -€4,207
down €4,207 (-44.2%), from €9,515 to €5,309
- Tangible fixed assets -€2,620
down €2,620 (-100.0%), from €2,620 to €0
- Trade debts -€47,747
down €47,747 (-36.1%), from €132,165 to €84,418
- Advances received +€37,623
new in 2024: €37,623
- Profit (loss) carried forward -€13,271
down €13,271 (-12.6%), from -€105,545 to -€118,817
- Other debts -€4,456
down €4,456 (-100.0%), from €4,456 to €0
- Short-term financial debts -€3,240
down €3,240 (-100.0%), from €3,240 to €0
- Gross operating margin -€15,811
down €15,811, from €9,133 to -€6,678
- Depreciation +€7,627
up €7,627, from €0 to €7,627
- Financial charges +€7,265
up €7,265 (+709.7%), from €1,024 to €8,289
- Financial income +€6,312
up €6,312 (+162.9%), from €3,876 to €10,188
- Taxes -€270
down €270 (-64.2%), from €420 to €151
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.
Cash bridge derived
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 | €191,955 | €159,977 | -€31,978 | -16.7% |
| Fixed assets | 21/28 | €13,186 | €6,359 | -€6,827 | -51.8% |
| Intangible fixed assets | 21 | €9,515 | €5,309 | -€4,207 | -44.2% |
| Tangible fixed assets | 22/27 | €2,620 | €0 | -€2,620 | -100.0% |
| Plant, machinery and equipment | 23 | €2,620 | €0 | -€2,620 | -100.0% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €178,770 | €153,619 | -€25,151 | -14.1% |
| Stocks and contracts in progress | 3 | €43,452 | €53,137 | +€9,685 | +22.3% |
| Stocks | 30/36 | €43,452 | €53,137 | +€9,685 | +22.3% |
| Amounts receivable within one year | 40/41 | €93,081 | €38,459 | -€54,623 | -58.7% |
| Trade receivables | 40 | €90,343 | €35,000 | -€55,343 | -61.3% |
| Other amounts receivable | 41 | €2,739 | €3,459 | +€720 | +26.3% |
| Cash at bank and in hand | 54/58 | €17,370 | €36,895 | +€19,525 | +112.4% |
| Deferred charges and accrued income | 490/1 | €24,866 | €25,128 | +€262 | +1.1% |
| Total equity and liabilities | 10/49 | €191,955 | €159,977 | -€31,978 | -16.7% |
| Equity | 10/15 | €42,625 | €29,354 | -€13,271 | -31.1% |
| Contributions | 10/11 | €141,973 | €141,973 | = | 0.0% |
| Capital | 10 | €141,973 | €141,973 | = | 0.0% |
| Issued capital | 100 | €141,973 | €141,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,545 | -€118,817 | -€13,271 | -12.6% |
| Amounts payable | 17/49 | €149,330 | €130,623 | -€18,706 | -12.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €149,330 | €130,623 | -€18,706 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €2,384 | €0 | -€2,384 | -100.0% |
| Financial debts | 43 | €3,240 | €0 | -€3,240 | -100.0% |
| Credit institutions | 430/8 | €3,240 | €0 | -€3,240 | -100.0% |
| Trade debts | 44 | €132,165 | €84,418 | -€47,747 | -36.1% |
| Suppliers | 440/4 | €132,165 | €84,418 | -€47,747 | -36.1% |
| Advances received on contracts in progress | 46 | - | €37,623 | +€37,623 | |
| Taxes, remuneration and social security | 45 | €7,084 | €8,582 | +€1,499 | +21.2% |
| Taxes | 450/3 | €1,305 | €8,582 | +€7,277 | +557.5% |
| Remuneration and social security | 454/9 | €5,779 | €0 | -€5,779 | -100.0% |
| Other amounts payable | 47/48 | €4,456 | €0 | -€4,456 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €31 | +€31 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €7,627 | +€7,627 | |
| Other operating charges | 640/8 | €666 | €684 | +€18 | +2.7% |
| Gross operating margin | 9900 | €9,133 | -€6,678 | -€15,811 | |
| Operating profit (loss) | 9901 | €8,466 | -€15,020 | -€23,486 | |
| Financial income | 75/76B | €3,876 | €10,188 | +€6,312 | +162.9% |
| Recurring financial income | 75 | €3,876 | €10,188 | +€6,312 | +162.9% |
| Financial charges | 65/66B | €1,024 | €8,289 | +€7,265 | +709.7% |
| Recurring financial charges | 65 | €1,024 | €8,289 | +€7,265 | +709.7% |
| Profit (loss) for the period before taxes | 9903 | €11,319 | -€13,121 | -€24,439 | |
| Income taxes | 67/77 | €420 | €151 | -€270 | -64.2% |
| Profit (loss) for the period | 9904 | €10,898 | -€13,271 | -€24,170 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,898 | -€13,271 | -€24,170 |
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 11 October 2026 via checked.be.