MOVICORP: 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.
MOVICORP
Largest movements
- Cash -€120,721
down €120,721 (-82.4%), from €146,565 to €25,844
mainly Net result for the year (-€116,996) and Receivables within one year (-€42,326)
- Stocks and contracts -€67,166
no longer reported in 2025 (was €67,166)
- Receivables within one year +€42,326
up €42,326 (+253.9%), from €16,670 to €58,995
of which Other amounts receivable: +€43,709
- Tangible fixed assets -€14,651
down €14,651 (-4.4%), from €331,906 to €317,255
of which Plant, machinery and equipment: -€7,923
- Profit (loss) carried forward -€116,996
down €116,996, from €4,933 to -€112,063
- Tax, wage and social debts -€26,268
down €26,268 (-75.0%), from €35,016 to €8,749
- Debts after one year -€16,010
down €16,010 (-5.5%), from €291,697 to €275,687
- Gross operating margin -€146,569
down €146,569, from €62,679 to -€83,890
- Depreciation -€31,069
down €31,069 (-67.0%), from €46,377 to €15,309
- Financial charges +€4,247
up €4,247 (+44.4%), from €9,566 to €13,813
- Other operating charges +€3,786
up €3,786 (+252.6%), from €1,499 to €5,286
- Taxes -€1,623
down €1,623 (-91.3%), from €1,778 to €156
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 | €564,249 | €404,836 | -€159,414 | -28.3% |
| Fixed assets | 21/28 | €331,906 | €317,255 | -€14,651 | -4.4% |
| Tangible fixed assets | 22/27 | €331,906 | €317,255 | -€14,651 | -4.4% |
| Land and buildings | 22 | €269,066 | €263,770 | -€5,296 | -2.0% |
| Plant, machinery and equipment | 23 | €59,730 | €51,807 | -€7,923 | -13.3% |
| Furniture and vehicles | 24 | €3,110 | €1,678 | -€1,432 | -46.1% |
| Current assets | 29/58 | €232,344 | €87,581 | -€144,762 | -62.3% |
| Stocks and contracts in progress | 3 | €67,166 | - | -€67,166 | |
| Stocks | 30/36 | €67,166 | - | -€67,166 | |
| Amounts receivable within one year | 40/41 | €16,670 | €58,995 | +€42,326 | +253.9% |
| Trade receivables | 40 | €3,500 | €2,116 | -€1,384 | -39.5% |
| Other amounts receivable | 41 | €13,170 | €56,879 | +€43,709 | +331.9% |
| Cash at bank and in hand | 54/58 | €146,565 | €25,844 | -€120,721 | -82.4% |
| Deferred charges and accrued income | 490/1 | €1,943 | €2,742 | +€799 | +41.1% |
| Total equity and liabilities | 10/49 | €564,249 | €404,836 | -€159,414 | -28.3% |
| Equity | 10/15 | €209,686 | €92,690 | -€116,996 | -55.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €199,753 | €199,753 | = | 0.0% |
| Distributable reserves | 133 | €199,753 | €199,753 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,933 | -€112,063 | -€116,996 | |
| Amounts payable | 17/49 | €354,563 | €312,145 | -€42,418 | -12.0% |
| Amounts payable after more than one year | 17 | €291,697 | €275,687 | -€16,010 | -5.5% |
| Financial debts | 170/4 | €291,697 | €275,687 | -€16,010 | -5.5% |
| Amounts payable within one year | 42/48 | €62,138 | €35,742 | -€26,396 | -42.5% |
| Current portion of amounts payable after more than one year | 42 | €25,955 | €26,993 | +€1,038 | +4.0% |
| Trade debts | 44 | €1,167 | - | -€1,167 | |
| Suppliers | 440/4 | €1,167 | - | -€1,167 | |
| Taxes, remuneration and social security | 45 | €35,016 | €8,749 | -€26,268 | -75.0% |
| Taxes | 450/3 | €35,016 | €8,749 | -€26,268 | -75.0% |
| Accrued charges and deferred income | 492/3 | €729 | €717 | -€12 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,377 | €15,309 | -€31,069 | -67.0% |
| Other operating charges | 640/8 | €1,499 | €5,286 | +€3,786 | +252.6% |
| Gross operating margin | 9900 | €62,679 | -€83,890 | -€146,569 | |
| Operating profit (loss) | 9901 | €14,802 | -€104,485 | -€119,287 | |
| Financial income | 75/76B | €1,475 | €1,457 | -€18 | -1.2% |
| Recurring financial income | 75 | €1,475 | €1,457 | -€18 | -1.2% |
| Financial charges | 65/66B | €9,566 | €13,813 | +€4,247 | +44.4% |
| Recurring financial charges | 65 | €9,566 | €13,813 | +€4,247 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €6,711 | -€116,840 | -€123,551 | |
| Income taxes | 67/77 | €1,778 | €156 | -€1,623 | -91.3% |
| Profit (loss) for the period | 9904 | €4,933 | -€116,996 | -€121,929 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,933 | -€116,996 | -€121,929 |
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 7 October 2026 via checked.be.