Movabo: 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.
What changed
Movabo
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€74,391
2024 · €112,236-€37,844
Equity
€3.7m
2024 · €792,822+€2.9m
Cash
€36,525
2024 · €48,504-€11,979
Balance sheet total
€3.9m
2024 · €1.1m+€2.8m
Largest movements
Assets
- Tangible fixed assets +€2.8m
up €2.8m (+383%), from €722,044 to €3.5m
of which Land and buildings: +€2.8m
- Receivables within one year +€46,128
up €46,128 (+15.8%), from €292,668 to €338,796
of which Other amounts receivable: +€48,665
Equity and liabilities
- Revaluation surpluses +€2.8m
new in 2025: €2.8m
- Reserves +€74,391
up €74,391 (+10.2%), from €730,822 to €805,214
of which Distributable reserves: +€83,222
- Debts after one year -€43,464
down €43,464 (-35.9%), from €121,031 to €77,567
Income statement
- Gross operating margin -€33,030
down €33,030 (-12.9%), from €256,721 to €223,691
- Taxes +€3,084
up €3,084 (+6.7%), from €46,288 to €49,372
- Depreciation +€2,995
up €2,995 (+4.5%), from €66,706 to €69,701
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.
Result 2024
€112,236
Gross operating margin
-€33,030
Depreciation
-€2,995
Other operating charges
-€593
Financial income
+€2
Financial charges
+€1,855
Taxes
-€3,084
Result 2025
€74,391
raises the resultlowers the result
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.
From operations
+€74,277
Investment
-€2.8m
Financing
+€2.7m
Cash 2024
€48,504
From operations (derived)
+€74,277
Net result for the year
+€74,391
Depreciation
+€69,701
Receivables within one year
-€46,128
Smaller working-capital items
+€10,658
Provisions
-€25,799
Trade debts
-€8,547
Investment (derived)
-€2.8m
Investment in fixed assets (net)
-€2.8m
Financing
+€2.7m
Debts after one year
-€43,464
Current portion of long-term debt
-€6,043
Contributions, distributions and other
+€2.8m
Cash 2025
€36,525
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,068,398 | €3,861,151 | +€2.8m | +261% |
| Fixed assets | 21/28 | €722,044 | €3,485,416 | +€2.8m | +383% |
| Tangible fixed assets | 22/27 | €722,044 | €3,485,416 | +€2.8m | +383% |
| Land and buildings | 22 | €629,639 | €3,416,316 | +€2.8m | +443% |
| Plant, machinery and equipment | 23 | €439 | - | -€439 | |
| Leasing and similar rights | 25 | €91,966 | €69,099 | -€22,867 | -24.9% |
| Current assets | 29/58 | €346,354 | €375,736 | +€29,382 | +8.5% |
| Amounts receivable within one year | 40/41 | €292,668 | €338,796 | +€46,128 | +15.8% |
| Trade receivables | 40 | €5,162 | €2,624 | -€2,538 | -49.2% |
| Other amounts receivable | 41 | €287,507 | €336,172 | +€48,665 | +16.9% |
| Cash at bank and in hand | 54/58 | €48,504 | €36,525 | -€11,979 | -24.7% |
| Deferred charges and accrued income | 490/1 | €5,182 | €415 | -€4,767 | -92.0% |
| Total equity and liabilities | 10/49 | €1,068,398 | €3,861,151 | +€2.8m | +261% |
| Equity | 10/15 | €792,822 | €3,663,537 | +€2.9m | +362% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €2,796,324 | +€2.8m | |
| Reserves | 13 | €730,822 | €805,214 | +€74,391 | +10.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,030 | €75,200 | -€8,830 | -10.5% |
| Distributable reserves | 133 | €640,592 | €723,814 | +€83,222 | +13.0% |
| Provisions and deferred taxes | 16 | €64,539 | €38,741 | -€25,799 | -40.0% |
| Provisions for liabilities and charges | 160/5 | €21,250 | - | -€21,250 | |
| Major repairs and maintenance | 162 | €21,250 | - | -€21,250 | |
| Deferred taxes | 168 | €43,289 | €38,741 | -€4,549 | -10.5% |
| Amounts payable | 17/49 | €211,037 | €158,874 | -€52,163 | -24.7% |
| Amounts payable after more than one year | 17 | €121,031 | €77,567 | -€43,464 | -35.9% |
| Financial debts | 170/4 | €121,031 | €77,567 | -€43,464 | -35.9% |
| Amounts payable within one year | 42/48 | €88,401 | €76,831 | -€11,570 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €49,507 | €43,464 | -€6,043 | -12.2% |
| Trade debts | 44 | €9,639 | €1,092 | -€8,547 | -88.7% |
| Suppliers | 440/4 | €9,639 | €1,092 | -€8,547 | -88.7% |
| Taxes, remuneration and social security | 45 | €29,255 | €32,276 | +€3,021 | +10.3% |
| Taxes | 450/3 | €29,255 | €32,276 | +€3,021 | +10.3% |
| Accrued charges and deferred income | 492/3 | €1,605 | €4,475 | +€2,871 | +179% |
| Non-recurring operating income | 76A | €55,708 | €21,250 | -€34,458 | -61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,706 | €69,701 | +€2,995 | +4.5% |
| Other operating charges | 640/8 | €27,679 | €28,272 | +€593 | +2.1% |
| Gross operating margin | 9900 | €256,721 | €223,691 | -€33,030 | -12.9% |
| Operating profit (loss) | 9901 | €162,335 | €125,718 | -€36,618 | -22.6% |
| Financial income | 75/76B | €0 | €2 | +€2 | +10,350% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +10,350% |
| Financial charges | 65/66B | €8,361 | €6,505 | -€1,855 | -22.2% |
| Recurring financial charges | 65 | €8,361 | €6,505 | -€1,855 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €153,975 | €119,215 | -€34,760 | -22.6% |
| Transfer from deferred taxes | 780 | €4,549 | €4,549 | = | 0.0% |
| Income taxes | 67/77 | €46,288 | €49,372 | +€3,084 | +6.7% |
| Profit (loss) for the period | 9904 | €112,236 | €74,391 | -€37,844 | -33.7% |
| Transfer from tax-exempt reserves | 789 | €8,830 | €8,830 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €121,066 | €83,222 | -€37,844 | -31.3% |
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 13 October 2026 via checked.be.