'T MOLENTJE: 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.
'T MOLENTJE
Largest movements
- Tangible fixed assets +€350,092
up €350,092 (+682%), from €51,361 to €401,453
- Receivables within one year -€115,772
down €115,772 (-34.5%), from €335,978 to €220,206
- Debts after one year +€249,970
up €249,970 (+1,562%), from €16,004 to €265,974
- Profit (loss) carried forward -€22,769
new in 2025: -€22,769
- Depreciation +€44,416
up €44,416 (+1,437%), from €3,092 to €47,508
- Taxes -€5,477
no longer reported in 2025 (was €5,477)
- Gross operating margin +€4,315
up €4,315 (+14.2%), from €30,483 to €34,798
- Financial charges +€2,430
up €2,430 (+121%), from €2,015 to €4,445
- Other operating charges +€1,584
up €1,584 (+17.1%), from €9,258 to €10,842
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 | €417,559 | €647,702 | +€230,143 | +55.1% |
| Fixed assets | 21/28 | €51,466 | €401,558 | +€350,092 | +680% |
| Tangible fixed assets | 22/27 | €51,361 | €401,453 | +€350,092 | +682% |
| Land and buildings | 22 | €51,361 | €401,453 | +€350,092 | +682% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €366,094 | €246,144 | -€119,950 | -32.8% |
| Amounts receivable within one year | 40/41 | €335,978 | €220,206 | -€115,772 | -34.5% |
| Other amounts receivable | 41 | €335,978 | €220,206 | -€115,772 | -34.5% |
| Cash at bank and in hand | 54/58 | €30,115 | €25,938 | -€4,177 | -13.9% |
| Total equity and liabilities | 10/49 | €417,559 | €647,702 | +€230,143 | +55.1% |
| Equity | 10/15 | €367,996 | €345,227 | -€22,769 | -6.2% |
| Contributions | 10/11 | €255,000 | €255,000 | = | 0.0% |
| Reserves | 13 | €112,996 | €112,996 | = | 0.0% |
| Distributable reserves | 133 | €112,996 | €112,996 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,769 | -€22,769 | |
| Amounts payable | 17/49 | €49,564 | €302,475 | +€252,911 | +510% |
| Amounts payable after more than one year | 17 | €16,004 | €265,974 | +€249,970 | +1,562% |
| Financial debts | 170/4 | €16,004 | €265,974 | +€249,970 | +1,562% |
| Amounts payable within one year | 42/48 | €33,431 | €36,423 | +€2,992 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €13,752 | €13,884 | +€132 | +1.0% |
| Trade debts | 44 | €16 | €31 | +€15 | +93.1% |
| Suppliers | 440/4 | €16 | €31 | +€15 | +93.1% |
| Taxes, remuneration and social security | 45 | €477 | - | -€477 | |
| Taxes | 450/3 | €477 | - | -€477 | |
| Other amounts payable | 47/48 | €19,186 | €22,508 | +€3,321 | +17.3% |
| Accrued charges and deferred income | 492/3 | €128 | €78 | -€50 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,092 | €47,508 | +€44,416 | +1,437% |
| Other operating charges | 640/8 | €9,258 | €10,842 | +€1,584 | +17.1% |
| Gross operating margin | 9900 | €30,483 | €34,798 | +€4,315 | +14.2% |
| Operating profit (loss) | 9901 | €18,133 | -€23,551 | -€41,685 | |
| Financial income | 75/76B | €5,790 | €5,228 | -€562 | -9.7% |
| Recurring financial income | 75 | €5,790 | €5,228 | -€562 | -9.7% |
| Financial charges | 65/66B | €2,015 | €4,445 | +€2,430 | +121% |
| Recurring financial charges | 65 | €2,015 | €4,445 | +€2,430 | +121% |
| Profit (loss) for the period before taxes | 9903 | €21,908 | -€22,769 | -€44,677 | |
| Income taxes | 67/77 | €5,477 | - | -€5,477 | |
| Profit (loss) for the period | 9904 | €16,431 | -€22,769 | -€39,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,431 | -€22,769 | -€39,200 |
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 26 October 2026 via checked.be.