MOVE: what changed
What changed
MOVE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€24,064
2024 · €28,268-€4,205
Equity
€369,945
2024 · €445,882-€75,937
Cash
€57,236
2024 · €38,744+€18,492
Balance sheet total
€485,186
2024 · €453,732+€31,454
Largest movements
Assets
- Tangible fixed assets +€55,800
up €55,800 (+2,163%), from €2,580 to €58,380
of which Furniture and vehicles: +€53,710
- Current investments -€45,929
down €45,929 (-59.0%), from €77,884 to €31,955
- Cash +€18,492
up €18,492 (+47.7%), from €38,744 to €57,236
mainly Other debts (+€84,575) and Current investments (+€45,929)
Equity and liabilities
- Other debts +€84,575
up €84,575 (+4,033%), from €2,097 to €86,672
- Reserves -€75,937
down €75,937 (-17.7%), from €428,881 to €352,944
- Debts after one year +€17,016
new in 2025: €17,016
- Current portion of long-term debt +€6,019
new in 2025: €6,019
- Trade debts -€5,620
down €5,620 (-97.7%), from €5,753 to €133
Income statement
- Financial income -€18,506
down €18,506 (-75.7%), from €24,461 to €5,955
- Gross operating margin +€12,574
up €12,574 (+66.9%), from €18,792 to €31,366
- Depreciation -€1,754
down €1,754 (-22.6%), from €7,771 to €6,017
- Other operating charges -€418
down €418 (-25.9%), from €1,612 to €1,194
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€28,268
Gross operating margin
+€12,574
Depreciation
+€1,754
Other operating charges
+€418
Financial income
-€18,506
Financial charges
-€147
Taxes
-€297
Result 2025
€24,064
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€111,345
Investment
-€15,888
Financing
-€76,965
Cash 2024
€38,744
From operations (derived)
+€111,345
Net result for the year
+€24,064
Depreciation
+€6,017
Receivables after one year
-€0
Receivables within one year
-€2,228
Deferred charges and accrued income
-€863
Trade debts
-€5,620
Tax, wage and social debts
+€5,400
Other debts
+€84,575
Investment (derived)
-€15,888
Investment in fixed assets (net)
-€61,817
Current investments
+€45,929
Financing
-€76,965
Debts after one year
+€17,016
Current portion of long-term debt
+€6,019
Contributions, distributions and other
-€100,001
Cash 2025
€57,236
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,732 | €485,186 | +€31,454 | +6.9% |
| Fixed assets | 21/28 | €160,802 | €216,602 | +€55,800 | +34.7% |
| Tangible fixed assets | 22/27 | €2,580 | €58,380 | +€55,800 | +2,163% |
| Plant, machinery and equipment | 23 | €630 | €2,720 | +€2,090 | +332% |
| Furniture and vehicles | 24 | - | €53,710 | +€53,710 | |
| Other tangible fixed assets | 26 | €1,950 | €1,950 | = | 0.0% |
| Financial fixed assets | 28 | €158,222 | €158,222 | +€0 | 0.0% |
| Current assets | 29/58 | €292,930 | €268,584 | -€24,346 | -8.3% |
| Amounts receivable after more than one year | 29 | €163,678 | €163,678 | +€0 | 0.0% |
| Other amounts receivable | 291 | €163,678 | €163,678 | +€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €10,810 | €13,038 | +€2,228 | +20.6% |
| Other amounts receivable | 41 | €10,810 | €13,038 | +€2,228 | +20.6% |
| Current investments | 50/53 | €77,884 | €31,955 | -€45,929 | -59.0% |
| Cash at bank and in hand | 54/58 | €38,744 | €57,236 | +€18,492 | +47.7% |
| Deferred charges and accrued income | 490/1 | €1,814 | €2,677 | +€863 | +47.6% |
| Total equity and liabilities | 10/49 | €453,732 | €485,186 | +€31,454 | +6.9% |
| Equity | 10/15 | €445,882 | €369,945 | -€75,937 | -17.0% |
| Contributions | 10/11 | €17,001 | €17,001 | -€0 | 0.0% |
| Reserves | 13 | €428,881 | €352,944 | -€75,937 | -17.7% |
| Distributable reserves | 133 | €428,881 | €352,944 | -€75,937 | -17.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €7,850 | €115,241 | +€107,391 | +1,368% |
| Amounts payable after more than one year | 17 | - | €17,016 | +€17,016 | |
| Financial debts | 170/4 | - | €17,016 | +€17,016 | |
| Amounts payable within one year | 42/48 | €7,850 | €98,225 | +€90,375 | +1,151% |
| Current portion of amounts payable after more than one year | 42 | - | €6,019 | +€6,019 | |
| Trade debts | 44 | €5,753 | €133 | -€5,620 | -97.7% |
| Suppliers | 440/4 | €5,753 | €133 | -€5,620 | -97.7% |
| Taxes, remuneration and social security | 45 | - | €5,400 | +€5,400 | |
| Taxes | 450/3 | - | €5,400 | +€5,400 | |
| Other amounts payable | 47/48 | €2,097 | €86,672 | +€84,575 | +4,033% |
| Non-recurring operating income | 76A | - | €11,376 | +€11,376 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,771 | €6,017 | -€1,754 | -22.6% |
| Other operating charges | 640/8 | €1,612 | €1,194 | -€418 | -25.9% |
| Gross operating margin | 9900 | €18,792 | €31,366 | +€12,574 | +66.9% |
| Operating profit (loss) | 9901 | €9,409 | €24,155 | +€14,746 | +157% |
| Financial income | 75/76B | €24,461 | €5,955 | -€18,506 | -75.7% |
| Recurring financial income | 75 | €24,461 | €5,955 | -€18,506 | -75.7% |
| Financial charges | 65/66B | €205 | €352 | +€147 | +71.8% |
| Recurring financial charges | 65 | €205 | €352 | +€147 | +71.8% |
| Profit (loss) for the period before taxes | 9903 | €33,665 | €29,758 | -€3,907 | -11.6% |
| Income taxes | 67/77 | €5,397 | €5,694 | +€297 | +5.5% |
| Profit (loss) for the period | 9904 | €28,268 | €24,064 | -€4,205 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,268 | €24,064 | -€4,205 | -14.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.