MOTTART FRERES: 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.
MOTTART FRERES
Largest movements
- Cash -€50,647
down €50,647 (-61.0%), from €83,038 to €32,391
mainly Stocks and contracts (-€22,761) and Other debts (-€20,000)
- Stocks and contracts +€22,761
new in 2025: €22,761
- Receivables within one year -€11,892
down €11,892 (-38.6%), from €30,809 to €18,917
of which Trade receivables: -€11,896
- Other debts -€20,000
down €20,000 (-50.0%), from €40,000 to €20,000
- Tax, wage and social debts -€15,201
down €15,201 (-95.9%), from €15,846 to €645
- Reserves -€4,525
down €4,525 (-16.4%), from €27,518 to €22,993
- Trade debts -€2,138
down €2,138 (-45.1%), from €4,740 to €2,602
- Accrued charges and deferred income +€2,086
new in 2025: €2,086
- Gross operating margin -€29,194
down €29,194 (-58.6%), from €49,835 to €20,641
- Taxes -€7,530
down €7,530 (-58.4%), from €12,891 to €5,360
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 | €119,090 | €79,312 | -€39,778 | -33.4% |
| Fixed assets | 21/28 | €5,243 | €5,243 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,243 | €5,243 | = | 0.0% |
| Land and buildings | 22 | €5,243 | €5,243 | = | 0.0% |
| Current assets | 29/58 | €113,846 | €74,068 | -€39,778 | -34.9% |
| Stocks and contracts in progress | 3 | - | €22,761 | +€22,761 | |
| Stocks | 30/36 | - | €22,761 | +€22,761 | |
| Amounts receivable within one year | 40/41 | €30,809 | €18,917 | -€11,892 | -38.6% |
| Trade receivables | 40 | €30,809 | €18,913 | -€11,896 | -38.6% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €83,038 | €32,391 | -€50,647 | -61.0% |
| Total equity and liabilities | 10/49 | €119,090 | €79,312 | -€39,778 | -33.4% |
| Equity | 10/15 | €58,505 | €53,979 | -€4,525 | -7.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €27,518 | €22,993 | -€4,525 | -16.4% |
| Distributable reserves | 133 | €27,518 | €22,993 | -€4,525 | -16.4% |
| Amounts payable | 17/49 | €60,585 | €25,332 | -€35,253 | -58.2% |
| Amounts payable within one year | 42/48 | €60,585 | €23,246 | -€37,339 | -61.6% |
| Trade debts | 44 | €4,740 | €2,602 | -€2,138 | -45.1% |
| Suppliers | 440/4 | €4,740 | €2,602 | -€2,138 | -45.1% |
| Taxes, remuneration and social security | 45 | €15,846 | €645 | -€15,201 | -95.9% |
| Taxes | 450/3 | €15,846 | €645 | -€15,201 | -95.9% |
| Other amounts payable | 47/48 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | - | €2,086 | +€2,086 | |
| Other operating charges | 640/8 | €145 | €84 | -€61 | -42.2% |
| Gross operating margin | 9900 | €49,835 | €20,641 | -€29,194 | -58.6% |
| Operating profit (loss) | 9901 | €49,690 | €20,558 | -€29,133 | -58.6% |
| Financial income | 75/76B | €572 | €360 | -€213 | -37.2% |
| Recurring financial income | 75 | €572 | €360 | -€213 | -37.2% |
| Financial charges | 65/66B | €81 | €82 | +€2 | +1.9% |
| Recurring financial charges | 65 | €81 | €82 | +€2 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €50,182 | €20,835 | -€29,347 | -58.5% |
| Income taxes | 67/77 | €12,891 | €5,360 | -€7,530 | -58.4% |
| Profit (loss) for the period | 9904 | €37,292 | €15,475 | -€21,817 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,292 | €15,475 | -€21,817 | -58.5% |
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 18 October 2026 via checked.be.