MOVETHERM: 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.
MOVETHERM
Largest movements
- Cash +€56,829
up €56,829 (+55,389%), from €103 to €56,932
mainly Receivables within one year (+€31,073) and Net result for the year (+€24,005)
- Receivables within one year -€31,073
down €31,073 (-73.5%), from €42,279 to €11,207
of which Other amounts receivable: -€33,373
- Tangible fixed assets -€21,794
down €21,794 (-7.3%), from €296,938 to €275,144
- Reserves +€24,005
up €24,005 (+66.7%), from €35,963 to €59,968
of which Distributable reserves: +€24,005
- Debts after one year -€15,000
down €15,000 (-30.0%), from €50,000 to €35,000
- Accrued charges and deferred income -€5,790
no longer reported in 2025 (was €5,790)
- Taxes +€9,521
up €9,521 (+14,360%), from €66 to €9,587
- Gross operating margin -€7,360
down €7,360 (-9.9%), from €74,094 to €66,733
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 | €343,396 | €344,950 | +€1,554 | +0.5% |
| Fixed assets | 21/28 | €298,924 | €275,144 | -€23,779 | -8.0% |
| Tangible fixed assets | 22/27 | €296,938 | €275,144 | -€21,794 | -7.3% |
| Land and buildings | 22 | €296,938 | €275,144 | -€21,794 | -7.3% |
| Financial fixed assets | 28 | €1,985 | - | -€1,985 | |
| Current assets | 29/58 | €44,472 | €69,805 | +€25,333 | +57.0% |
| Amounts receivable within one year | 40/41 | €42,279 | €11,207 | -€31,073 | -73.5% |
| Trade receivables | 40 | €8,906 | €11,207 | +€2,300 | +25.8% |
| Other amounts receivable | 41 | €33,373 | - | -€33,373 | |
| Cash at bank and in hand | 54/58 | €103 | €56,932 | +€56,829 | +55,389% |
| Deferred charges and accrued income | 490/1 | €2,090 | €1,667 | -€423 | -20.2% |
| Total equity and liabilities | 10/49 | €343,396 | €344,950 | +€1,554 | +0.5% |
| Equity | 10/15 | €265,363 | €289,368 | +€24,005 | +9.0% |
| Contributions | 10/11 | €229,400 | €229,400 | = | 0.0% |
| Capital | 10 | €229,400 | €229,400 | = | 0.0% |
| Issued capital | 100 | €229,400 | €229,400 | = | 0.0% |
| Reserves | 13 | €35,963 | €59,968 | +€24,005 | +66.7% |
| Non-distributable reserves | 130/1 | €22,940 | €22,940 | = | 0.0% |
| Legal reserve | 130 | €22,940 | €22,940 | = | 0.0% |
| Distributable reserves | 133 | €13,023 | €37,028 | +€24,005 | +184% |
| Amounts payable | 17/49 | €78,032 | €55,581 | -€22,451 | -28.8% |
| Amounts payable after more than one year | 17 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Financial debts | 170/4 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Amounts payable within one year | 42/48 | €22,242 | €20,581 | -€1,661 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €2,878 | €855 | -€2,023 | -70.3% |
| Suppliers | 440/4 | €2,878 | €855 | -€2,023 | -70.3% |
| Taxes, remuneration and social security | 45 | €2,667 | €4,428 | +€1,761 | +66.0% |
| Taxes | 450/3 | €2,667 | €4,428 | +€1,761 | +66.0% |
| Other amounts payable | 47/48 | €1,697 | €298 | -€1,399 | -82.4% |
| Accrued charges and deferred income | 492/3 | €5,790 | - | -€5,790 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,794 | €21,794 | = | 0.0% |
| Other operating charges | 640/8 | €7,402 | €7,645 | +€243 | +3.3% |
| Gross operating margin | 9900 | €74,094 | €66,733 | -€7,360 | -9.9% |
| Operating profit (loss) | 9901 | €44,898 | €37,294 | -€7,603 | -16.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,830 | €3,703 | -€127 | -3.3% |
| Recurring financial charges | 65 | €3,830 | €3,703 | -€127 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €41,069 | €33,592 | -€7,477 | -18.2% |
| Income taxes | 67/77 | €66 | €9,587 | +€9,521 | +14,360% |
| Profit (loss) for the period | 9904 | €41,002 | €24,005 | -€16,998 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,002 | €24,005 | -€16,998 | -41.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.