MOVIN UP: 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.
MOVIN UP
Largest movements
- Cash +€149,605
up €149,605 (+216%), from €69,267 to €218,873
mainly Net result for the year (+€77,678) and Current investments (+€58,115)
- Current investments -€58,115
down €58,115 (-16.6%), from €350,000 to €291,885
- Tangible fixed assets -€20,362
down €20,362 (-13.2%), from €154,769 to €134,407
of which Land and buildings: -€14,836
- Receivables within one year -€16,663
down €16,663 (-46.3%), from €35,967 to €19,304
- Reserves +€77,678
up €77,678 (+17.7%), from €439,313 to €516,990
- Debts after one year -€14,507
down €14,507 (-12.6%), from €115,456 to €100,949
- Tax, wage and social debts -€6,795
down €6,795 (-20.6%), from €32,920 to €26,125
- Financial income +€20,611
up €20,611 (+493%), from €4,183 to €24,795
- Gross operating margin -€16,113
down €16,113 (-12.9%), from €125,272 to €109,160
- Financial charges +€2,165
up €2,165 (+58.8%), from €3,686 to €5,851
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 | €614,369 | €667,810 | +€53,441 | +8.7% |
| Fixed assets | 21/28 | €154,769 | €134,407 | -€20,362 | -13.2% |
| Tangible fixed assets | 22/27 | €154,769 | €134,407 | -€20,362 | -13.2% |
| Land and buildings | 22 | €139,620 | €124,784 | -€14,836 | -10.6% |
| Plant, machinery and equipment | 23 | €9,132 | €6,575 | -€2,556 | -28.0% |
| Furniture and vehicles | 24 | €6,017 | €3,047 | -€2,970 | -49.4% |
| Current assets | 29/58 | €459,600 | €533,403 | +€73,803 | +16.1% |
| Amounts receivable within one year | 40/41 | €35,967 | €19,304 | -€16,663 | -46.3% |
| Trade receivables | 40 | €35,967 | €19,304 | -€16,663 | -46.3% |
| Current investments | 50/53 | €350,000 | €291,885 | -€58,115 | -16.6% |
| Cash at bank and in hand | 54/58 | €69,267 | €218,873 | +€149,605 | +216% |
| Deferred charges and accrued income | 490/1 | €4,366 | €3,342 | -€1,024 | -23.5% |
| Total equity and liabilities | 10/49 | €614,369 | €667,810 | +€53,441 | +8.7% |
| Equity | 10/15 | €440,313 | €517,990 | +€77,678 | +17.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €439,313 | €516,990 | +€77,678 | +17.7% |
| Distributable reserves | 133 | €439,313 | €516,990 | +€77,678 | +17.7% |
| Amounts payable | 17/49 | €174,056 | €149,819 | -€24,237 | -13.9% |
| Amounts payable after more than one year | 17 | €115,456 | €100,949 | -€14,507 | -12.6% |
| Financial debts | 170/4 | €115,456 | €100,949 | -€14,507 | -12.6% |
| Amounts payable within one year | 42/48 | €57,809 | €47,874 | -€9,935 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €14,248 | €14,507 | +€259 | +1.8% |
| Trade debts | 44 | €4,933 | €1,226 | -€3,707 | -75.1% |
| Suppliers | 440/4 | €4,933 | €1,226 | -€3,707 | -75.1% |
| Taxes, remuneration and social security | 45 | €32,920 | €26,125 | -€6,795 | -20.6% |
| Taxes | 450/3 | €32,920 | €26,125 | -€6,795 | -20.6% |
| Other amounts payable | 47/48 | €5,708 | €6,015 | +€307 | +5.4% |
| Accrued charges and deferred income | 492/3 | €791 | €996 | +€205 | +25.9% |
| Non-recurring operating income | 76A | - | €22,312 | +€22,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,809 | €20,362 | +€553 | +2.8% |
| Other operating charges | 640/8 | €1,778 | €1,866 | +€87 | +4.9% |
| Gross operating margin | 9900 | €125,272 | €109,160 | -€16,113 | -12.9% |
| Operating profit (loss) | 9901 | €103,685 | €86,932 | -€16,753 | -16.2% |
| Financial income | 75/76B | €4,183 | €24,795 | +€20,611 | +493% |
| Recurring financial income | 75 | €4,183 | €24,795 | +€20,611 | +493% |
| Financial charges | 65/66B | €3,686 | €5,851 | +€2,165 | +58.8% |
| Recurring financial charges | 65 | €3,686 | €5,851 | +€2,165 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €104,183 | €105,876 | +€1,693 | +1.6% |
| Income taxes | 67/77 | €29,385 | €28,198 | -€1,187 | -4.0% |
| Profit (loss) for the period | 9904 | €74,798 | €77,678 | +€2,880 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,798 | €77,678 | +€2,880 | +3.9% |
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 20 October 2026 via checked.be.