MOTTEMAR: 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.
MOTTEMAR
Largest movements
- Receivables within one year +€56,600
up €56,600 (+24.9%), from €227,399 to €283,999
of which Trade receivables: +€97,459
- Cash +€24,234
up €24,234 (+27.6%), from €87,651 to €111,885
mainly Net result for the year (+€160,680) and Depreciation (+€21,638)
- Tangible fixed assets -€21,638
down €21,638 (-21.5%), from €100,803 to €79,166
of which Land and buildings: -€16,799
- Current investments -€7,656
down €7,656 (-3.4%), from €224,527 to €216,870
- Reserves +€136,521
up €136,521 (+34.8%), from €392,839 to €529,360
of which Distributable reserves: +€136,521
- Other debts -€49,690
down €49,690 (-62.6%), from €79,434 to €29,744
- Tax, wage and social debts -€26,090
down €26,090 (-44.9%), from €58,115 to €32,025
- Debts after one year -€9,459
down €9,459 (-11.4%), from €83,334 to €73,875
- Financial income -€6,454
down €6,454 (-49.1%), from €13,145 to €6,691
- Taxes +€4,529
up €4,529 (+6.8%), from €66,357 to €70,885
- Gross operating margin -€3,262
down €3,262 (-1.3%), from €258,828 to €255,566
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.
Cash bridge derived
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 | €647,041 | €698,861 | +€51,820 | +8.0% |
| Fixed assets | 21/28 | €103,653 | €82,016 | -€21,638 | -20.9% |
| Tangible fixed assets | 22/27 | €100,803 | €79,166 | -€21,638 | -21.5% |
| Land and buildings | 22 | €89,434 | €72,635 | -€16,799 | -18.8% |
| Furniture and vehicles | 24 | €11,370 | €6,531 | -€4,839 | -42.6% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €543,387 | €616,845 | +€73,458 | +13.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €227,399 | €283,999 | +€56,600 | +24.9% |
| Trade receivables | 40 | €181,000 | €278,459 | +€97,459 | +53.8% |
| Other amounts receivable | 41 | €46,399 | €5,540 | -€40,859 | -88.1% |
| Current investments | 50/53 | €224,527 | €216,870 | -€7,656 | -3.4% |
| Cash at bank and in hand | 54/58 | €87,651 | €111,885 | +€24,234 | +27.6% |
| Deferred charges and accrued income | 490/1 | €3,810 | €4,090 | +€280 | +7.3% |
| Total equity and liabilities | 10/49 | €647,041 | €698,861 | +€51,820 | +8.0% |
| Equity | 10/15 | €407,801 | €544,322 | +€136,521 | +33.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €392,839 | €529,360 | +€136,521 | +34.8% |
| Tax-exempt reserves | 132 | €161 | €161 | = | 0.0% |
| Distributable reserves | 133 | €392,678 | €529,199 | +€136,521 | +34.8% |
| Profit (loss) carried forward | 14 | €2,562 | €2,562 | = | 0.0% |
| Amounts payable | 17/49 | €239,240 | €154,539 | -€84,701 | -35.4% |
| Amounts payable after more than one year | 17 | €83,334 | €73,875 | -€9,459 | -11.4% |
| Financial debts | 170/4 | €83,334 | €73,875 | -€9,459 | -11.4% |
| Amounts payable within one year | 42/48 | €154,735 | €79,494 | -€75,242 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | €16,033 | €16,836 | +€804 | +5.0% |
| Trade debts | 44 | €1,153 | €888 | -€266 | -23.0% |
| Suppliers | 440/4 | €1,153 | €888 | -€266 | -23.0% |
| Taxes, remuneration and social security | 45 | €58,115 | €32,025 | -€26,090 | -44.9% |
| Taxes | 450/3 | €58,115 | €32,025 | -€26,090 | -44.9% |
| Other amounts payable | 47/48 | €79,434 | €29,744 | -€49,690 | -62.6% |
| Accrued charges and deferred income | 492/3 | €1,170 | €1,170 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,541 | €21,638 | +€2,097 | +10.7% |
| Other operating charges | 640/8 | €1,976 | €2,035 | +€59 | +3.0% |
| Gross operating margin | 9900 | €258,828 | €255,566 | -€3,262 | -1.3% |
| Operating profit (loss) | 9901 | €237,311 | €231,893 | -€5,418 | -2.3% |
| Financial income | 75/76B | €13,145 | €6,691 | -€6,454 | -49.1% |
| Recurring financial income | 75 | €13,145 | €6,691 | -€6,454 | -49.1% |
| Financial charges | 65/66B | €5,814 | €7,018 | +€1,204 | +20.7% |
| Recurring financial charges | 65 | €5,814 | €7,018 | +€1,204 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €244,642 | €231,566 | -€13,076 | -5.3% |
| Income taxes | 67/77 | €66,357 | €70,885 | +€4,529 | +6.8% |
| Profit (loss) for the period | 9904 | €178,285 | €160,680 | -€17,605 | -9.9% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €178,285 | €160,680 | -€17,605 | -9.9% |
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 10 October 2026 via checked.be.