MOVENA: 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.
MOVENA
Largest movements
- Receivables within one year -€363,465
down €363,465 (-59.4%), from €612,340 to €248,874
of which Trade receivables: -€374,440
- Cash +€188,089
up €188,089 (+151%), from €124,730 to €312,819
mainly Receivables within one year (+€363,465) and Net result for the year (+€68,146)
- Stocks and contracts +€27,238
up €27,238 (+7.3%), from €371,462 to €398,700
- Trade debts -€196,157
down €196,157 (-62.7%), from €312,787 to €116,630
- Profit (loss) carried forward +€68,146
up €68,146 (+53.2%), from €128,161 to €196,308
- Staff costs +€70,287
up €70,287 (+22.1%), from €318,432 to €388,719
- Taxes -€30,241
down €30,241 (-50.3%), from €60,179 to €29,938
- Gross operating margin -€10,343
down €10,343 (-1.9%), from €532,456 to €522,113
- Financial charges +€10,180
up €10,180 (+46.2%), from €22,029 to €32,208
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 | €1,119,284 | €974,621 | -€144,664 | -12.9% |
| Fixed assets | 21/28 | €6,183 | €8,814 | +€2,631 | +42.6% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,069 | €7,700 | +€2,631 | +51.9% |
| Furniture and vehicles | 24 | €5,069 | €7,700 | +€2,631 | +51.9% |
| Financial fixed assets | 28 | €1,113 | €1,113 | = | 0.0% |
| Current assets | 29/58 | €1,113,102 | €965,807 | -€147,295 | -13.2% |
| Stocks and contracts in progress | 3 | €371,462 | €398,700 | +€27,238 | +7.3% |
| Stocks | 30/36 | €371,462 | €398,700 | +€27,238 | +7.3% |
| Amounts receivable within one year | 40/41 | €612,340 | €248,874 | -€363,465 | -59.4% |
| Trade receivables | 40 | €600,541 | €226,102 | -€374,440 | -62.4% |
| Other amounts receivable | 41 | €11,798 | €22,773 | +€10,974 | +93.0% |
| Cash at bank and in hand | 54/58 | €124,730 | €312,819 | +€188,089 | +151% |
| Deferred charges and accrued income | 490/1 | €4,570 | €5,414 | +€844 | +18.5% |
| Total equity and liabilities | 10/49 | €1,119,284 | €974,621 | -€144,664 | -12.9% |
| Equity | 10/15 | €271,161 | €339,308 | +€68,146 | +25.1% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Capital | 10 | €130,000 | €130,000 | = | 0.0% |
| Issued capital | 100 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,000 | €13,000 | = | 0.0% |
| Legal reserve | 130 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,161 | €196,308 | +€68,146 | +53.2% |
| Amounts payable | 17/49 | €848,123 | €635,313 | -€212,810 | -25.1% |
| Amounts payable after more than one year | 17 | €7,780 | - | -€7,780 | |
| Financial debts | 170/4 | €7,780 | - | -€7,780 | |
| Amounts payable within one year | 42/48 | €840,218 | €632,844 | -€207,373 | -24.7% |
| Financial debts | 43 | €9,094 | €7,780 | -€1,313 | -14.4% |
| Credit institutions | 430/8 | €9,094 | €7,780 | -€1,313 | -14.4% |
| Trade debts | 44 | €312,787 | €116,630 | -€196,157 | -62.7% |
| Suppliers | 440/4 | €312,787 | €116,630 | -€196,157 | -62.7% |
| Taxes, remuneration and social security | 45 | €50,410 | €39,344 | -€11,066 | -22.0% |
| Taxes | 450/3 | €5,448 | - | -€5,448 | |
| Remuneration and social security | 454/9 | €44,961 | €39,344 | -€5,618 | -12.5% |
| Other amounts payable | 47/48 | €467,928 | €469,091 | +€1,163 | +0.2% |
| Accrued charges and deferred income | 492/3 | €125 | €2,469 | +€2,344 | +1,878% |
| Remuneration, social security and pensions | 62 | €318,432 | €388,719 | +€70,287 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,701 | €3,501 | +€800 | +29.6% |
| Other operating charges | 640/8 | €1,510 | €1,261 | -€249 | -16.5% |
| Gross operating margin | 9900 | €532,456 | €522,113 | -€10,343 | -1.9% |
| Operating profit (loss) | 9901 | €209,814 | €128,632 | -€81,181 | -38.7% |
| Financial income | 75/76B | €555 | €1,660 | +€1,105 | +199% |
| Recurring financial income | 75 | €555 | €1,660 | +€1,105 | +199% |
| Financial charges | 65/66B | €22,029 | €32,208 | +€10,180 | +46.2% |
| Recurring financial charges | 65 | €22,029 | €32,208 | +€10,180 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €188,340 | €98,084 | -€90,256 | -47.9% |
| Income taxes | 67/77 | €60,179 | €29,938 | -€30,241 | -50.3% |
| Profit (loss) for the period | 9904 | €128,161 | €68,146 | -€60,015 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €128,161 | €68,146 | -€60,015 | -46.8% |
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 15 October 2026 via checked.be.