MOVAVE: 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.
MOVAVE
Largest movements
- Receivables within one year -€24,735
down €24,735 (-91.6%), from €27,010 to €2,275
of which Other amounts receivable: -€13,449
- Deferred charges and accrued income +€18,573
up €18,573 (+2755.8%), from €674 to €19,246
- Tangible fixed assets -€11,116
down €11,116 (-44.5%), from €24,986 to €13,869
- Cash -€10,727
down €10,727 (-16.6%), from €64,432 to €53,705
mainly Other debts (-€30,502) and Contributions, distributions and other (-€25,974)
- Other debts -€30,502
down €30,502 (-26.8%), from €113,926 to €83,424
- Tax, wage and social debts +€2,100
new in 2025: €2,100
- Gross operating margin +€12,642
up €12,642 (+37.1%), from €34,043 to €46,685
- Taxes +€4,375
up €4,375 (+92.6%), from €4,725 to €9,100
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 | €117,102 | €89,096 | -€28,006 | -23.9% |
| Fixed assets | 21/28 | €24,986 | €13,869 | -€11,116 | -44.5% |
| Tangible fixed assets | 22/27 | €24,986 | €13,869 | -€11,116 | -44.5% |
| Furniture and vehicles | 24 | €24,986 | €13,869 | -€11,116 | -44.5% |
| Current assets | 29/58 | €92,117 | €75,227 | -€16,890 | -18.3% |
| Amounts receivable within one year | 40/41 | €27,010 | €2,275 | -€24,735 | -91.6% |
| Trade receivables | 40 | €11,286 | - | -€11,286 | |
| Other amounts receivable | 41 | €15,724 | €2,275 | -€13,449 | -85.5% |
| Cash at bank and in hand | 54/58 | €64,432 | €53,705 | -€10,727 | -16.6% |
| Deferred charges and accrued income | 490/1 | €674 | €19,246 | +€18,573 | +2755.8% |
| Total equity and liabilities | 10/49 | €117,102 | €89,096 | -€28,006 | -23.9% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €114,102 | €86,096 | -€28,006 | -24.5% |
| Amounts payable within one year | 42/48 | €114,102 | €86,096 | -€28,006 | -24.5% |
| Trade debts | 44 | €176 | €573 | +€397 | +225.0% |
| Suppliers | 440/4 | €176 | €573 | +€397 | +225.0% |
| Taxes, remuneration and social security | 45 | - | €2,100 | +€2,100 | |
| Taxes | 450/3 | - | €2,100 | +€2,100 | |
| Other amounts payable | 47/48 | €113,926 | €83,424 | -€30,502 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,116 | €11,116 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €34,043 | €46,685 | +€12,642 | +37.1% |
| Operating profit (loss) | 9901 | €22,927 | €35,169 | +€12,242 | +53.4% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €99 | €96 | -€3 | -3.2% |
| Recurring financial charges | 65 | €99 | €96 | -€3 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €22,832 | €35,073 | +€12,241 | +53.6% |
| Income taxes | 67/77 | €4,725 | €9,100 | +€4,375 | +92.6% |
| Profit (loss) for the period | 9904 | €18,108 | €25,974 | +€7,866 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,108 | €25,974 | +€7,866 | +43.4% |
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 9 October 2026 via checked.be.