MOVAST PROPERTIES: 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.
MOVAST PROPERTIES
Largest movements
- Receivables within one year +€111,962
up €111,962 (+3.2%), from €3.5m to €3.6m
of which Other amounts receivable: +€113,609
- Cash +€74,434
up €74,434 (+960%), from €7,752 to €82,186
mainly Net result for the year (+€154,954) and Depreciation (+€111,384)
- Profit (loss) carried forward +€197,477
up €197,477 (+229%), from €86,338 to €283,815
- Taxes +€42,187
up €42,187 (+146%), from €28,811 to €70,998
- Depreciation +€39,332
up €39,332 (+54.6%), from €72,052 to €111,384
- Gross operating margin -€34,363
down €34,363 (-10.4%), from €329,603 to €295,240
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 | €5,005,081 | €5,136,508 | +€131,427 | +2.6% |
| Fixed assets | 21/28 | €1,496,802 | €1,482,998 | -€13,804 | -0.9% |
| Tangible fixed assets | 22/27 | €1,496,802 | €1,482,998 | -€13,804 | -0.9% |
| Land and buildings | 22 | €1,496,802 | €1,482,998 | -€13,804 | -0.9% |
| Current assets | 29/58 | €3,508,279 | €3,653,511 | +€145,232 | +4.1% |
| Stocks and contracts in progress | 3 | €41,337 | €0 | -€41,337 | -100% |
| Stocks | 30/36 | €41,337 | €0 | -€41,337 | -100% |
| Amounts receivable within one year | 40/41 | €3,454,408 | €3,566,370 | +€111,962 | +3.2% |
| Trade receivables | 40 | €2,404 | €756 | -€1,647 | -68.5% |
| Other amounts receivable | 41 | €3,452,004 | €3,565,613 | +€113,609 | +3.3% |
| Cash at bank and in hand | 54/58 | €7,752 | €82,186 | +€74,434 | +960% |
| Deferred charges and accrued income | 490/1 | €4,783 | €4,956 | +€173 | +3.6% |
| Total equity and liabilities | 10/49 | €5,005,081 | €5,136,508 | +€131,427 | +2.6% |
| Equity | 10/15 | €813,524 | €968,478 | +€154,954 | +19.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €665,212 | €622,690 | -€42,522 | -6.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €614,744 | €572,222 | -€42,522 | -6.9% |
| Distributable reserves | 133 | €44,270 | €44,270 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,338 | €283,815 | +€197,477 | +229% |
| Provisions and deferred taxes | 16 | €204,916 | €190,742 | -€14,174 | -6.9% |
| Deferred taxes | 168 | €204,916 | €190,742 | -€14,174 | -6.9% |
| Amounts payable | 17/49 | €3,986,641 | €3,977,288 | -€9,353 | -0.2% |
| Amounts payable within one year | 42/48 | €3,986,641 | €3,977,288 | -€9,353 | -0.2% |
| Trade debts | 44 | €64,274 | €14,498 | -€49,775 | -77.4% |
| Suppliers | 440/4 | €64,274 | €14,498 | -€49,775 | -77.4% |
| Taxes, remuneration and social security | 45 | €28,811 | €70,998 | +€42,187 | +146% |
| Taxes | 450/3 | €28,811 | €70,998 | +€42,187 | +146% |
| Other amounts payable | 47/48 | €3,893,557 | €3,891,792 | -€1,765 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,052 | €111,384 | +€39,332 | +54.6% |
| Other operating charges | 640/8 | €39,287 | €40,487 | +€1,200 | +3.1% |
| Gross operating margin | 9900 | €329,603 | €295,240 | -€34,363 | -10.4% |
| Operating profit (loss) | 9901 | €218,264 | €143,369 | -€74,895 | -34.3% |
| Financial income | 75/76B | €69,947 | €69,693 | -€254 | -0.4% |
| Recurring financial income | 75 | €69,947 | €69,693 | -€254 | -0.4% |
| Financial charges | 65/66B | €421 | €1,283 | +€863 | +205% |
| Recurring financial charges | 65 | €421 | €1,283 | +€863 | +205% |
| Profit (loss) for the period before taxes | 9903 | €287,790 | €211,779 | -€76,011 | -26.4% |
| Transfer from deferred taxes | 780 | €14,174 | €14,174 | = | 0.0% |
| Income taxes | 67/77 | €28,811 | €70,998 | +€42,187 | +146% |
| Profit (loss) for the period | 9904 | €273,153 | €154,954 | -€118,198 | -43.3% |
| Transfer from tax-exempt reserves | 789 | €42,522 | €42,522 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €315,675 | €197,477 | -€118,198 | -37.4% |
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 30 October 2026 via checked.be.