MOVEAE: 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.
MOVEAE
Largest movements
- Intangible fixed assets +€15,985
up €15,985 (+44.4%), from €35,990 to €51,975
- Cash +€12,259
up €12,259 (+483%), from €2,540 to €14,799
mainly Net result for the year (+€22,359) and Depreciation (+€12,138)
- Receivables within one year +€9,441
up €9,441 (+19.5%), from €48,332 to €57,773
- Tangible fixed assets -€2,145
down €2,145 (-18.2%), from €11,792 to €9,646
of which Plant, machinery and equipment: -€3,560
- Reserves +€21,526
up €21,526 (+51.2%), from €42,029 to €63,555
- Other debts +€11,837
up €11,837 (+19.4%), from €60,888 to €72,725
- Trade debts +€2,060
up €2,060 (+360%), from €573 to €2,633
- Gross operating margin +€16,745
up €16,745 (+48.2%), from €34,750 to €51,495
- Taxes +€13,817
up €13,817 (+962%), from €1,436 to €15,254
- Depreciation +€3,319
up €3,319 (+37.6%), from €8,818 to €12,138
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 | €105,490 | €141,916 | +€36,426 | +34.5% |
| Fixed assets | 21/28 | €50,057 | €63,646 | +€13,589 | +27.1% |
| Intangible fixed assets | 21 | €35,990 | €51,975 | +€15,985 | +44.4% |
| Tangible fixed assets | 22/27 | €11,792 | €9,646 | -€2,145 | -18.2% |
| Plant, machinery and equipment | 23 | €10,252 | €6,692 | -€3,560 | -34.7% |
| Furniture and vehicles | 24 | €1,540 | €2,954 | +€1,414 | +91.8% |
| Financial fixed assets | 28 | €2,275 | €2,025 | -€250 | -11.0% |
| Current assets | 29/58 | €55,433 | €78,270 | +€22,837 | +41.2% |
| Amounts receivable within one year | 40/41 | €48,332 | €57,773 | +€9,441 | +19.5% |
| Other amounts receivable | 41 | €48,332 | €57,773 | +€9,441 | +19.5% |
| Cash at bank and in hand | 54/58 | €2,540 | €14,799 | +€12,259 | +483% |
| Deferred charges and accrued income | 490/1 | €4,561 | €5,698 | +€1,137 | +24.9% |
| Total equity and liabilities | 10/49 | €105,490 | €141,916 | +€36,426 | +34.5% |
| Equity | 10/15 | €44,029 | €65,555 | +€21,526 | +48.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €42,029 | €63,555 | +€21,526 | +51.2% |
| Distributable reserves | 133 | €42,029 | €63,555 | +€21,526 | +51.2% |
| Amounts payable | 17/49 | €61,461 | €76,361 | +€14,900 | +24.2% |
| Amounts payable within one year | 42/48 | €61,461 | €76,361 | +€14,900 | +24.2% |
| Trade debts | 44 | €573 | €2,633 | +€2,060 | +360% |
| Suppliers | 440/4 | €573 | €2,633 | +€2,060 | +360% |
| Taxes, remuneration and social security | 45 | - | €1,004 | +€1,004 | |
| Taxes | 450/3 | - | €1,004 | +€1,004 | |
| Other amounts payable | 47/48 | €60,888 | €72,725 | +€11,837 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,818 | €12,138 | +€3,319 | +37.6% |
| Other operating charges | 640/8 | €843 | €903 | +€60 | +7.2% |
| Gross operating margin | 9900 | €34,750 | €51,495 | +€16,745 | +48.2% |
| Operating profit (loss) | 9901 | €25,089 | €38,455 | +€13,366 | +53.3% |
| Financial income | 75/76B | €2 | €1 | -€1 | -46.5% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -46.5% |
| Financial charges | 65/66B | €1,082 | €843 | -€238 | -22.0% |
| Recurring financial charges | 65 | €1,082 | €843 | -€238 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €24,009 | €37,612 | +€13,603 | +56.7% |
| Income taxes | 67/77 | €1,436 | €15,254 | +€13,817 | +962% |
| Profit (loss) for the period | 9904 | €22,573 | €22,359 | -€214 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,573 | €22,359 | -€214 | -0.9% |
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 20 October 2026 via checked.be.