MOTUMBEL: 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.
MOTUMBEL
Largest movements
- Current assets -€6,222
down €6,222 (-4.4%), from €140,367 to €134,145
of which Stocks and contracts: -€91,567
- Debts within one year +€149,463
up €149,463 (+162%), from €92,168 to €241,631
of which Trade debts: +€230,520
- Profit (loss) carried forward -€142,690
down €142,690, from €35,204 to -€107,486
- Contributions -€12,400
no longer reported in 2024 (was €12,400)
- Gross operating margin -€22,843
down €22,843, from €20,143 to -€2,700
- Taxes -€502
down €502 (-27.6%), from €1,821 to €1,319
- Financial income +€432
new in 2024: €432
- Financial charges +€408
new in 2024: €408
- Depreciation -€407
no longer reported in 2024 (was €407)
From the 2020 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,775 | €134,145 | -€6,630 | -4.7% |
| Fixed assets | 21/28 | €408 | - | -€408 | |
| Tangible fixed assets | 22/27 | €408 | - | -€408 | |
| Current assets | 29/58 | €140,367 | €134,145 | -€6,222 | -4.4% |
| Stocks and contracts in progress | 3 | €91,567 | - | -€91,567 | |
| Amounts receivable within one year | 40/41 | €37,881 | €128,891 | +€91,011 | +240% |
| Trade receivables | 40 | - | €116,378 | +€116,378 | |
| Other amounts receivable | 41 | - | €12,513 | +€12,513 | |
| Cash at bank and in hand | 54/58 | €6,720 | €5,254 | -€1,466 | -21.8% |
| Total equity and liabilities | 10/49 | €140,775 | €134,145 | -€6,630 | -4.7% |
| Equity | 10/15 | €48,607 | -€107,486 | -€156,093 | |
| Contributions | 10/11 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,003 | - | -€1,003 | |
| Profit (loss) carried forward | 14 | €35,204 | -€107,486 | -€142,690 | |
| Amounts payable | 17/49 | €92,168 | €241,631 | +€149,463 | +162% |
| Amounts payable within one year | 42/48 | €92,168 | €241,631 | +€149,463 | +162% |
| Trade debts | 44 | €6,385 | €236,905 | +€230,520 | +3,610% |
| Suppliers | 440/4 | - | €236,905 | +€236,905 | |
| Taxes, remuneration and social security | 45 | - | €4,725 | +€4,725 | |
| Taxes | 450/3 | - | €4,725 | +€4,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407 | - | -€407 | |
| Other operating charges | 640/8 | - | €0 | = | |
| Gross operating margin | 9900 | €20,143 | -€2,700 | -€22,843 | |
| Operating profit (loss) | 9901 | €18,127 | -€2,700 | -€20,827 | |
| Financial income | 75/76B | - | €432 | +€432 | |
| Recurring financial income | 75 | €29 | €432 | +€403 | +1,389% |
| Financial charges | 65/66B | - | €408 | +€408 | |
| Recurring financial charges | 65 | €191 | €408 | +€217 | +113% |
| Profit (loss) for the period before taxes | 9903 | €17,965 | -€2,676 | -€20,641 | |
| Income taxes | 67/77 | €1,821 | €1,319 | -€502 | -27.6% |
| Profit (loss) for the period | 9904 | €16,144 | -€3,994 | -€20,139 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,144 | -€3,994 | -€20,139 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.