MOVENDIS: 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.
MOVENDIS
Largest movements
- Receivables within one year +€274,274
new in 2025: €274,274
- Receivables after one year -€250,000
no longer reported in 2025 (was €250,000)
- Cash +€86,859
up €86,859 (+101.3%), from €85,766 to €172,625
mainly Net result for the year (+€276,786) and Receivables after one year (+€250,000)
- Tangible fixed assets +€71,754
up €71,754 (+370.2%), from €19,383 to €91,137
of which Furniture and vehicles: +€76,022
- Deferred charges and accrued income +€24,008
up €24,008 (+46.0%), from €52,157 to €76,165
- Other debts +€235,442
up €235,442 (+36361.7%), from €648 to €236,089
- Tax, wage and social debts -€26,896
down €26,896 (-75.6%), from €35,593 to €8,697
- Gross operating margin +€41,340
up €41,340 (+13.1%), from €316,300 to €357,640
- Financial income +€21,519
up €21,519 (+559.9%), from €3,843 to €25,363
- Depreciation +€13,090
up €13,090 (+212.1%), from €6,173 to €19,263
- Taxes -€10,696
down €10,696 (-11.2%), from €95,754 to €85,058
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 | €578,538 | €786,965 | +€208,427 | +36.0% |
| Fixed assets | 21/28 | €19,383 | €91,137 | +€71,754 | +370.2% |
| Tangible fixed assets | 22/27 | €19,383 | €91,137 | +€71,754 | +370.2% |
| Furniture and vehicles | 24 | €5,852 | €81,875 | +€76,022 | +1299.0% |
| Other tangible fixed assets | 26 | €13,531 | €9,262 | -€4,269 | -31.5% |
| Current assets | 29/58 | €559,155 | €695,829 | +€136,673 | +24.4% |
| Amounts receivable after more than one year | 29 | €250,000 | - | -€250,000 | |
| Other amounts receivable | 291 | €250,000 | - | -€250,000 | |
| Amounts receivable within one year | 40/41 | - | €274,274 | +€274,274 | |
| Other amounts receivable | 41 | - | €274,274 | +€274,274 | |
| Current investments | 50/53 | €171,233 | €172,765 | +€1,532 | +0.9% |
| Cash at bank and in hand | 54/58 | €85,766 | €172,625 | +€86,859 | +101.3% |
| Deferred charges and accrued income | 490/1 | €52,157 | €76,165 | +€24,008 | +46.0% |
| Total equity and liabilities | 10/49 | €578,538 | €786,965 | +€208,427 | +36.0% |
| Equity | 10/15 | €519,804 | €519,600 | -€204 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €501,204 | €501,000 | -€204 | 0.0% |
| Distributable reserves | 133 | €501,204 | €501,000 | -€204 | 0.0% |
| Amounts payable | 17/49 | €58,734 | €267,365 | +€208,632 | +355.2% |
| Amounts payable after more than one year | 17 | €19,928 | €20,632 | +€704 | +3.5% |
| Financial debts | 170/4 | €18,500 | €18,500 | = | 0.0% |
| Other amounts payable | 178/9 | €1,428 | €2,132 | +€704 | +49.3% |
| Amounts payable within one year | 42/48 | €38,806 | €246,733 | +€207,927 | +535.8% |
| Trade debts | 44 | €2,566 | €1,946 | -€619 | -24.1% |
| Suppliers | 440/4 | €2,566 | €1,946 | -€619 | -24.1% |
| Taxes, remuneration and social security | 45 | €35,593 | €8,697 | -€26,896 | -75.6% |
| Taxes | 450/3 | €35,593 | €8,697 | -€26,896 | -75.6% |
| Other amounts payable | 47/48 | €648 | €236,089 | +€235,442 | +36361.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,173 | €19,263 | +€13,090 | +212.1% |
| Other operating charges | 640/8 | €1,020 | €904 | -€116 | -11.4% |
| Gross operating margin | 9900 | €316,300 | €357,640 | +€41,340 | +13.1% |
| Operating profit (loss) | 9901 | €309,108 | €337,474 | +€28,366 | +9.2% |
| Financial income | 75/76B | €3,843 | €25,363 | +€21,519 | +559.9% |
| Recurring financial income | 75 | €3,843 | €25,363 | +€21,519 | +559.9% |
| Financial charges | 65/66B | €993 | €992 | -€0 | 0.0% |
| Recurring financial charges | 65 | €993 | €992 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €311,958 | €361,844 | +€49,885 | +16.0% |
| Income taxes | 67/77 | €95,754 | €85,058 | -€10,696 | -11.2% |
| Profit (loss) for the period | 9904 | €216,204 | €276,786 | +€60,582 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €216,204 | €276,786 | +€60,582 | +28.0% |
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 6 October 2026 via checked.be.