MOVEMINT: what changed
Two fiscal 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.
MOVEMINT
Largest movements
- Tangible fixed assets +€270,247
up €270,247 (+47.3%), from €571,139 to €841,386
of which Land and buildings: +€230,618
- Cash -€109,858
down €109,858 (-93.0%), from €118,109 to €8,251
mainly Investment in fixed assets (net) (-€339,026) and Receivables within one year (-€23,975)
- Receivables within one year +€23,975
up €23,975 (+26.2%), from €91,654 to €115,630
of which Other amounts receivable: +€22,111
- Debts after one year +€158,489
up €158,489 (+38.4%), from €412,514 to €571,003
- Tax, wage and social debts +€24,582
up €24,582 (+91.4%), from €26,882 to €51,464
of which Remuneration and social security: +€14,197
- Current portion of long-term debt +€15,489
up €15,489 (+31.6%), from €49,022 to €64,511
- Staff costs +€52,576
up €52,576 (+67.2%), from €78,285 to €130,861
- Gross operating margin +€32,386
up €32,386 (+17.8%), from €182,195 to €214,581
- Depreciation +€9,950
up €9,950 (+18.0%), from €55,329 to €65,279
- Taxes -€9,037
down €9,037 (-98.4%), from €9,180 to €143
- Financial charges -€2,933
down €2,933 (-19.8%), from €14,795 to €11,862
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 | €794,824 | €987,770 | +€192,946 | +24.3% |
| Fixed assets | 21/28 | €571,139 | €844,886 | +€273,747 | +47.9% |
| Tangible fixed assets | 22/27 | €571,139 | €841,386 | +€270,247 | +47.3% |
| Land and buildings | 22 | €296,553 | €527,171 | +€230,618 | +77.8% |
| Plant, machinery and equipment | 23 | €240,178 | €287,000 | +€46,822 | +19.5% |
| Furniture and vehicles | 24 | €34,408 | €27,215 | -€7,193 | -20.9% |
| Financial fixed assets | 28 | - | €3,500 | +€3,500 | |
| Current assets | 29/58 | €223,685 | €142,884 | -€80,801 | -36.1% |
| Stocks and contracts in progress | 3 | - | €5,875 | +€5,875 | |
| Stocks | 30/36 | - | €5,875 | +€5,875 | |
| Amounts receivable within one year | 40/41 | €91,654 | €115,630 | +€23,975 | +26.2% |
| Trade receivables | 40 | €35,377 | €37,242 | +€1,865 | +5.3% |
| Other amounts receivable | 41 | €56,277 | €78,388 | +€22,111 | +39.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €118,109 | €8,251 | -€109,858 | -93.0% |
| Deferred charges and accrued income | 490/1 | €13,922 | €13,129 | -€793 | -5.7% |
| Total equity and liabilities | 10/49 | €794,824 | €987,770 | +€192,946 | +24.3% |
| Equity | 10/15 | €201,281 | €202,738 | +€1,456 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €182,681 | €184,138 | +€1,456 | +0.8% |
| Distributable reserves | 133 | €182,681 | €184,138 | +€1,456 | +0.8% |
| Amounts payable | 17/49 | €593,543 | €785,032 | +€191,489 | +32.3% |
| Amounts payable after more than one year | 17 | €412,514 | €571,003 | +€158,489 | +38.4% |
| Financial debts | 170/4 | €412,514 | €571,003 | +€158,489 | +38.4% |
| Amounts payable within one year | 42/48 | €181,029 | €214,029 | +€33,000 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €49,022 | €64,511 | +€15,489 | +31.6% |
| Financial debts | 43 | - | €533 | +€533 | |
| Credit institutions | 430/8 | - | €533 | +€533 | |
| Trade debts | 44 | €40,194 | €40,769 | +€574 | +1.4% |
| Suppliers | 440/4 | €40,194 | €40,769 | +€574 | +1.4% |
| Advances received on contracts in progress | 46 | €4,479 | €0 | -€4,479 | -100.0% |
| Taxes, remuneration and social security | 45 | €26,882 | €51,464 | +€24,582 | +91.4% |
| Taxes | 450/3 | €11,237 | €21,622 | +€10,385 | +92.4% |
| Remuneration and social security | 454/9 | €15,645 | €29,842 | +€14,197 | +90.7% |
| Other amounts payable | 47/48 | €60,452 | €56,753 | -€3,699 | -6.1% |
| Non-recurring operating income | 76A | €413 | €0 | -€413 | -100.0% |
| Remuneration, social security and pensions | 62 | €78,285 | €130,861 | +€52,576 | +67.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,329 | €65,279 | +€9,950 | +18.0% |
| Other operating charges | 640/8 | €5,011 | €6,180 | +€1,169 | +23.3% |
| Gross operating margin | 9900 | €182,195 | €214,581 | +€32,386 | +17.8% |
| Operating profit (loss) | 9901 | €43,570 | €12,262 | -€31,308 | -71.9% |
| Financial income | 75/76B | €2,826 | €1,200 | -€1,626 | -57.5% |
| Recurring financial income | 75 | €2,826 | €1,200 | -€1,626 | -57.5% |
| Financial charges | 65/66B | €14,795 | €11,862 | -€2,933 | -19.8% |
| Recurring financial charges | 65 | €14,795 | €11,862 | -€2,933 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €31,601 | €1,599 | -€30,001 | -94.9% |
| Income taxes | 67/77 | €9,180 | €143 | -€9,037 | -98.4% |
| Profit (loss) for the period | 9904 | €22,420 | €1,456 | -€20,964 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,420 | €1,456 | -€20,964 | -93.5% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.