MOVATRANS: 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.
MOVATRANS
Largest movements
- Tangible fixed assets -€52,292
down €52,292 (-8.3%), from €632,887 to €580,595
of which Leasing and similar rights: -€38,000
- Receivables within one year +€39,070
up €39,070 (+20.7%), from €189,188 to €228,258
of which Trade receivables: +€40,966
- Cash +€16,766
up €16,766 (+32.2%), from €52,036 to €68,802
mainly Depreciation (+€53,567) and Net result for the year (+€37,387)
- Deferred charges and accrued income -€14,362
down €14,362 (-70.8%), from €20,277 to €5,915
- Debts after one year -€45,446
down €45,446 (-25.6%), from €177,850 to €132,404
- Other debts +€30,000
new in 2025: €30,000
- Gross operating margin +€63,988
up €63,988 (+18.7%), from €342,387 to €406,375
- Staff costs +€43,549
up €43,549 (+18.5%), from €234,777 to €278,326
- Depreciation +€20,571
up €20,571 (+62.3%), from €32,996 to €53,567
- Financial charges +€14,743
up €14,743 (+327%), from €4,509 to €19,253
of which Non-recurring financial charges: +€11,585
- Taxes +€11,565
new in 2025: €11,565
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 | €896,398 | €885,579 | -€10,819 | -1.2% |
| Fixed assets | 21/28 | €634,897 | €582,605 | -€52,292 | -8.2% |
| Tangible fixed assets | 22/27 | €632,887 | €580,595 | -€52,292 | -8.3% |
| Land and buildings | 22 | €437,366 | €425,948 | -€11,417 | -2.6% |
| Furniture and vehicles | 24 | €11,855 | €8,980 | -€2,875 | -24.2% |
| Leasing and similar rights | 25 | €183,667 | €145,667 | -€38,000 | -20.7% |
| Financial fixed assets | 28 | €2,010 | €2,010 | = | 0.0% |
| Current assets | 29/58 | €261,501 | €302,974 | +€41,473 | +15.9% |
| Amounts receivable within one year | 40/41 | €189,188 | €228,258 | +€39,070 | +20.7% |
| Trade receivables | 40 | €183,188 | €224,154 | +€40,966 | +22.4% |
| Other amounts receivable | 41 | €6,000 | €4,104 | -€1,896 | -31.6% |
| Cash at bank and in hand | 54/58 | €52,036 | €68,802 | +€16,766 | +32.2% |
| Deferred charges and accrued income | 490/1 | €20,277 | €5,915 | -€14,362 | -70.8% |
| Total equity and liabilities | 10/49 | €896,398 | €885,579 | -€10,819 | -1.2% |
| Equity | 10/15 | €570,032 | €577,420 | +€7,387 | +1.3% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Reserves | 13 | €400,032 | €407,420 | +€7,387 | +1.8% |
| Tax-exempt reserves | 132 | €327,236 | €325,361 | -€1,875 | -0.6% |
| Distributable reserves | 133 | €72,796 | €82,059 | +€9,262 | +12.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €5,000 | €4,375 | -€625 | -12.5% |
| Deferred taxes | 168 | €5,000 | €4,375 | -€625 | -12.5% |
| Amounts payable | 17/49 | €321,366 | €303,784 | -€17,581 | -5.5% |
| Amounts payable after more than one year | 17 | €177,850 | €132,404 | -€45,446 | -25.6% |
| Financial debts | 170/4 | €177,850 | €132,404 | -€45,446 | -25.6% |
| Amounts payable within one year | 42/48 | €143,515 | €171,380 | +€27,865 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €49,175 | €45,446 | -€3,728 | -7.6% |
| Trade debts | 44 | €64,192 | €68,751 | +€4,559 | +7.1% |
| Suppliers | 440/4 | €64,192 | €68,751 | +€4,559 | +7.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €30,148 | €27,183 | -€2,965 | -9.8% |
| Taxes | 450/3 | €5,424 | €2,095 | -€3,329 | -61.4% |
| Remuneration and social security | 454/9 | €24,725 | €25,088 | +€363 | +1.5% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Non-recurring operating income | 76A | €43,791 | €0 | -€43,791 | -100% |
| Remuneration, social security and pensions | 62 | €234,777 | €278,326 | +€43,549 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,996 | €53,567 | +€20,571 | +62.3% |
| Other operating charges | 640/8 | €6,485 | €6,911 | +€426 | +6.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €342,387 | €406,375 | +€63,988 | +18.7% |
| Operating profit (loss) | 9901 | €68,129 | €67,570 | -€558 | -0.8% |
| Financial income | 75/76B | €0 | €9 | +€9 | +93,600% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +93,600% |
| Financial charges | 65/66B | €4,509 | €19,253 | +€14,743 | +327% |
| Recurring financial charges | 65 | €4,509 | €7,668 | +€3,158 | +70.0% |
| Non-recurring financial charges | 66B | - | €11,585 | +€11,585 | |
| Profit (loss) for the period before taxes | 9903 | €63,619 | €48,327 | -€15,292 | -24.0% |
| Transfer from deferred taxes | 780 | €5,723 | €625 | -€5,098 | -89.1% |
| Income taxes | 67/77 | - | €11,565 | +€11,565 | |
| Profit (loss) for the period | 9904 | €69,342 | €37,387 | -€31,955 | -46.1% |
| Transfer from tax-exempt reserves | 789 | €17,169 | €1,875 | -€15,294 | -89.1% |
| Transfer to tax-exempt reserves | 689 | €40,000 | €0 | -€40,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €46,511 | €39,262 | -€7,249 | -15.6% |
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 22 October 2026 via checked.be.