MOTULSKY: what changed
Two fiscal 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.
MOTULSKY
Largest movements
- Cash -€126,988
down €126,988 (-83.0%), from €153,049 to €26,062
mainly Other debts (-€112,488) and Trade debts (-€36,990)
- Receivables within one year -€36,967
down €36,967 (-12.9%), from €285,585 to €248,617
of which Trade receivables: -€45,719
- Other debts -€112,488
down €112,488 (-38.7%), from €290,466 to €177,978
- Trade debts -€36,990
down €36,990 (-86.2%), from €42,916 to €5,926
- Tax, wage and social debts -€20,973
down €20,973 (-38.5%), from €54,434 to €33,461
of which Taxes: -€14,197
- Reserves +€12,900
up €12,900 (+6.1%), from €212,765 to €225,665
of which Distributable reserves: +€12,900
- Staff costs +€23,790
up €23,790 (+17.0%), from €140,002 to €163,792
- Taxes -€12,902
down €12,902 (-61.1%), from €21,131 to €8,229
- Financial charges +€8,933
up €8,933 (+115.2%), from €7,751 to €16,684
- Gross operating margin -€7,449
down €7,449 (-3.4%), from €218,266 to €210,817
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 | €621,299 | €461,977 | -€159,323 | -25.6% |
| Fixed assets | 21/28 | €182,665 | €187,298 | +€4,632 | +2.5% |
| Tangible fixed assets | 22/27 | €182,525 | €187,158 | +€4,632 | +2.5% |
| Furniture and vehicles | 24 | €137,631 | €147,161 | +€9,530 | +6.9% |
| Other tangible fixed assets | 26 | €44,895 | €39,997 | -€4,898 | -10.9% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €438,634 | €274,679 | -€163,955 | -37.4% |
| Amounts receivable within one year | 40/41 | €285,585 | €248,617 | -€36,967 | -12.9% |
| Trade receivables | 40 | €282,566 | €236,846 | -€45,719 | -16.2% |
| Other amounts receivable | 41 | €3,019 | €11,771 | +€8,752 | +289.9% |
| Cash at bank and in hand | 54/58 | €153,049 | €26,062 | -€126,988 | -83.0% |
| Total equity and liabilities | 10/49 | €621,299 | €461,977 | -€159,323 | -25.6% |
| Equity | 10/15 | €231,705 | €244,612 | +€12,907 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,765 | €225,665 | +€12,900 | +6.1% |
| Non-distributable reserves | 130/1 | €7,128 | €7,128 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,128 | €7,128 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,137 | €19,137 | = | 0.0% |
| Distributable reserves | 133 | €186,500 | €199,400 | +€12,900 | +6.9% |
| Profit (loss) carried forward | 14 | €341 | €347 | +€7 | +1.9% |
| Amounts payable | 17/49 | €389,594 | €217,365 | -€172,229 | -44.2% |
| Amounts payable within one year | 42/48 | €387,815 | €217,365 | -€170,451 | -44.0% |
| Trade debts | 44 | €42,916 | €5,926 | -€36,990 | -86.2% |
| Suppliers | 440/4 | €42,916 | €5,926 | -€36,990 | -86.2% |
| Taxes, remuneration and social security | 45 | €54,434 | €33,461 | -€20,973 | -38.5% |
| Taxes | 450/3 | €40,553 | €26,356 | -€14,197 | -35.0% |
| Remuneration and social security | 454/9 | €13,880 | €7,105 | -€6,776 | -48.8% |
| Other amounts payable | 47/48 | €290,466 | €177,978 | -€112,488 | -38.7% |
| Accrued charges and deferred income | 492/3 | €1,778 | - | -€1,778 | |
| Non-recurring operating income | 76A | €327,344 | - | -€327,344 | |
| Remuneration, social security and pensions | 62 | €140,002 | €163,792 | +€23,790 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,095 | €9,147 | +€2,052 | +28.9% |
| Other operating charges | 640/8 | €786 | €63 | -€723 | -92.0% |
| Gross operating margin | 9900 | €218,266 | €210,817 | -€7,449 | -3.4% |
| Operating profit (loss) | 9901 | €70,384 | €37,816 | -€32,568 | -46.3% |
| Financial income | 75/76B | €2 | €4 | +€1 | +45.8% |
| Recurring financial income | 75 | €2 | €4 | +€1 | +45.8% |
| Financial charges | 65/66B | €7,751 | €16,684 | +€8,933 | +115.2% |
| Recurring financial charges | 65 | €7,751 | €16,684 | +€8,933 | +115.2% |
| Profit (loss) for the period before taxes | 9903 | €62,635 | €21,135 | -€41,500 | -66.3% |
| Income taxes | 67/77 | €21,131 | €8,229 | -€12,902 | -61.1% |
| Profit (loss) for the period | 9904 | €41,504 | €12,907 | -€28,598 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,504 | €12,907 | -€28,598 | -68.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.