MOVIVO: what changed
MOVIVO
Largest movements
- Cash -€135,436
down €135,436 (-65.6%), from €206,602 to €71,166
mainly Receivables within one year (-€131,693) and Trade debts (-€29,372)
- Receivables within one year +€131,693
up €131,693 (+46.5%), from €283,313 to €415,006
of which Trade receivables: +€124,451
- Tangible fixed assets -€9,110
down €9,110 (-15.2%), from €59,824 to €50,715
of which Furniture and vehicles: -€9,110
- Trade debts -€29,372
down €29,372 (-13.6%), from €215,618 to €186,245
- Tax, wage and social debts +€14,504
up €14,504 (+183%), from €7,940 to €22,443
of which Taxes: +€18,333
- Current portion of long-term debt -€9,051
down €9,051 (-61.1%), from €14,818 to €5,768
- Accrued charges and deferred income +€8,000
up €8,000 (+8.7%), from €92,000 to €100,000
- Staff costs -€25,224
down €25,224 (-46.3%), from €54,498 to €29,274
- Gross operating margin -€16,222
down €16,222 (-18.0%), from €89,939 to €73,717
- Depreciation +€5,822
up €5,822 (+25.9%), from €22,469 to €28,291
- Other operating charges +€2,871
up €2,871 (+77.0%), from €3,727 to €6,598
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €577,128 | €564,276 | -€12,853 | -2.2% |
| Fixed assets | 21/28 | €63,213 | €54,104 | -€9,110 | -14.4% |
| Tangible fixed assets | 22/27 | €59,824 | €50,715 | -€9,110 | -15.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €59,824 | €50,715 | -€9,110 | -15.2% |
| Financial fixed assets | 28 | €3,389 | €3,389 | = | 0.0% |
| Current assets | 29/58 | €513,915 | €510,172 | -€3,743 | -0.7% |
| Stocks and contracts in progress | 3 | €24,000 | €24,000 | = | 0.0% |
| Stocks | 30/36 | €24,000 | €24,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €283,313 | €415,006 | +€131,693 | +46.5% |
| Trade receivables | 40 | €210,627 | €335,078 | +€124,451 | +59.1% |
| Other amounts receivable | 41 | €72,686 | €79,928 | +€7,242 | +10.0% |
| Cash at bank and in hand | 54/58 | €206,602 | €71,166 | -€135,436 | -65.6% |
| Total equity and liabilities | 10/49 | €577,128 | €564,276 | -€12,853 | -2.2% |
| Equity | 10/15 | €17,610 | €22,934 | +€5,324 | +30.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,350 | €8,674 | +€5,324 | +159% |
| Amounts payable | 17/49 | €559,518 | €541,342 | -€18,177 | -3.2% |
| Amounts payable after more than one year | 17 | €19,699 | €15,000 | -€4,699 | -23.9% |
| Financial debts | 170/4 | €19,699 | €15,000 | -€4,699 | -23.9% |
| Amounts payable within one year | 42/48 | €447,819 | €426,342 | -€21,477 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €14,818 | €5,768 | -€9,051 | -61.1% |
| Trade debts | 44 | €215,618 | €186,245 | -€29,372 | -13.6% |
| Suppliers | 440/4 | €215,618 | €186,245 | -€29,372 | -13.6% |
| Taxes, remuneration and social security | 45 | €7,940 | €22,443 | +€14,504 | +183% |
| Taxes | 450/3 | €2,965 | €21,298 | +€18,333 | +618% |
| Remuneration and social security | 454/9 | €4,975 | €1,146 | -€3,829 | -77.0% |
| Other amounts payable | 47/48 | €209,443 | €211,885 | +€2,442 | +1.2% |
| Accrued charges and deferred income | 492/3 | €92,000 | €100,000 | +€8,000 | +8.7% |
| Non-recurring operating income | 76A | - | €8,000 | +€8,000 | |
| Remuneration, social security and pensions | 62 | €54,498 | €29,274 | -€25,224 | -46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,469 | €28,291 | +€5,822 | +25.9% |
| Other operating charges | 640/8 | €3,727 | €6,598 | +€2,871 | +77.0% |
| Gross operating margin | 9900 | €89,939 | €73,717 | -€16,222 | -18.0% |
| Operating profit (loss) | 9901 | €9,244 | €9,555 | +€310 | +3.4% |
| Financial income | 75/76B | €111 | - | -€111 | |
| Recurring financial income | 75 | €111 | - | -€111 | |
| Financial charges | 65/66B | €1,844 | €2,006 | +€161 | +8.7% |
| Recurring financial charges | 65 | €1,844 | €2,006 | +€161 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €7,511 | €7,549 | +€38 | +0.5% |
| Income taxes | 67/77 | €2,965 | €2,225 | -€739 | -24.9% |
| Profit (loss) for the period | 9904 | €4,547 | €5,324 | +€777 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,547 | €5,324 | +€777 | +17.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.