MOVIM: 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.
MOVIM
Largest movements
- Financial fixed assets +€1.0m
up €1.0m (+84.6%), from €1.2m to €2.2m
- Receivables within one year +€94,732
up €94,732 (+2653.9%), from €3,570 to €98,301
of which Other amounts receivable: +€93,461
- Cash -€25,597
down €25,597 (-96.7%), from €26,476 to €878
mainly Investment in fixed assets (net) (-€1.0m) and Receivables within one year (-€94,732)
- Debts after one year +€527,783
up €527,783 (+73.4%), from €718,702 to €1.2m
- Profit (loss) carried forward +€406,065
up €406,065 (+189.1%), from €214,703 to €620,768
- Current portion of long-term debt +€161,372
up €161,372 (+226.0%), from €71,413 to €232,786
- Financial income +€366,818
up €366,818 (+519.0%), from €70,682 to €437,500
- Financial charges +€23,523
up €23,523 (+89.5%), from €26,291 to €49,815
- Gross operating margin -€12,148
down €12,148 (-38.3%), from €31,721 to €19,573
- Taxes -€1,067
down €1,067 (-100.0%), from €1,067 to €0
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 | €1,230,193 | €2,315,702 | +€1.1m | +88.2% |
| Fixed assets | 21/28 | €1,200,000 | €2,215,000 | +€1.0m | +84.6% |
| Financial fixed assets | 28 | €1,200,000 | €2,215,000 | +€1.0m | +84.6% |
| Current assets | 29/58 | €30,193 | €100,702 | +€70,510 | +233.5% |
| Amounts receivable within one year | 40/41 | €3,570 | €98,301 | +€94,732 | +2653.9% |
| Trade receivables | 40 | €3,570 | €4,840 | +€1,271 | +35.6% |
| Other amounts receivable | 41 | - | €93,461 | +€93,461 | |
| Cash at bank and in hand | 54/58 | €26,476 | €878 | -€25,597 | -96.7% |
| Deferred charges and accrued income | 490/1 | €148 | €1,523 | +€1,375 | +932.2% |
| Total equity and liabilities | 10/49 | €1,230,193 | €2,315,702 | +€1.1m | +88.2% |
| Equity | 10/15 | €414,703 | €820,768 | +€406,065 | +97.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,703 | €620,768 | +€406,065 | +189.1% |
| Amounts payable | 17/49 | €815,489 | €1,494,934 | +€679,445 | +83.3% |
| Amounts payable after more than one year | 17 | €718,702 | €1,246,485 | +€527,783 | +73.4% |
| Financial debts | 170/4 | €718,702 | €1,246,485 | +€527,783 | +73.4% |
| Amounts payable within one year | 42/48 | €74,287 | €248,449 | +€174,162 | +234.4% |
| Current portion of amounts payable after more than one year | 42 | €71,413 | €232,786 | +€161,372 | +226.0% |
| Trade debts | 44 | €847 | €15,596 | +€14,749 | +1741.4% |
| Suppliers | 440/4 | €847 | €15,596 | +€14,749 | +1741.4% |
| Taxes, remuneration and social security | 45 | €2,027 | €67 | -€1,960 | -96.7% |
| Taxes | 450/3 | €2,027 | €67 | -€1,960 | -96.7% |
| Accrued charges and deferred income | 492/3 | €22,500 | €0 | -€22,500 | -100.0% |
| Other operating charges | 640/8 | €1,161 | €1,193 | +€33 | +2.8% |
| Gross operating margin | 9900 | €31,721 | €19,573 | -€12,148 | -38.3% |
| Operating profit (loss) | 9901 | €30,560 | €18,379 | -€12,181 | -39.9% |
| Financial income | 75/76B | €70,682 | €437,500 | +€366,818 | +519.0% |
| Recurring financial income | 75 | €70,682 | €437,500 | +€366,818 | +519.0% |
| Financial charges | 65/66B | €26,291 | €49,815 | +€23,523 | +89.5% |
| Recurring financial charges | 65 | €26,291 | €49,815 | +€23,523 | +89.5% |
| Profit (loss) for the period before taxes | 9903 | €74,952 | €406,065 | +€331,113 | +441.8% |
| Income taxes | 67/77 | €1,067 | €0 | -€1,067 | -100.0% |
| Profit (loss) for the period | 9904 | €73,884 | €406,065 | +€332,181 | +449.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,884 | €406,065 | +€332,181 | +449.6% |
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 10 October 2026 via checked.be.