Molux: 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.
Molux
Largest movements
- Cash +€36,656
up €36,656 (+53.1%), from €69,035 to €105,692
mainly Net result for the year (+€32,247) and Advances received (+€21,250)
- Deferred charges and accrued income +€18,710
up €18,710 (+1724.3%), from €1,085 to €19,795
- Stocks and contracts -€7,752
down €7,752 (-100.0%), from €7,752 to €0
- Receivables within one year -€6,011
down €6,011 (-9.4%), from €64,189 to €58,177
of which Trade receivables: -€6,527
- Reserves +€32,247
up €32,247 (+49.8%), from €64,805 to €97,052
- Advances received +€21,250
new in 2025: €21,250
- Tax, wage and social debts -€13,810
down €13,810 (-81.2%), from €17,009 to €3,199
- Other debts +€12,456
up €12,456 (+110.6%), from €11,267 to €23,723
- Trade debts -€10,748
down €10,748 (-21.0%), from €51,298 to €40,550
- Gross operating margin +€66,086
up €66,086 (+228.8%), from €28,888 to €94,974
- Write-downs +€29,720
new in 2025: €29,720
- Taxes +€11,753
up €11,753 (+318.8%), from €3,686 to €15,439
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 | €166,648 | €207,172 | +€40,524 | +24.3% |
| Fixed assets | 21/28 | €24,587 | €23,507 | -€1,080 | -4.4% |
| Intangible fixed assets | 21 | €97 | €0 | -€97 | -100.0% |
| Tangible fixed assets | 22/27 | €23,665 | €22,682 | -€983 | -4.2% |
| Plant, machinery and equipment | 23 | €17,458 | €14,703 | -€2,755 | -15.8% |
| Furniture and vehicles | 24 | €6,207 | €7,980 | +€1,772 | +28.6% |
| Financial fixed assets | 28 | €825 | €825 | = | 0.0% |
| Current assets | 29/58 | €142,061 | €183,665 | +€41,603 | +29.3% |
| Stocks and contracts in progress | 3 | €7,752 | €0 | -€7,752 | -100.0% |
| Stocks | 30/36 | €7,752 | €0 | -€7,752 | -100.0% |
| Amounts receivable within one year | 40/41 | €64,189 | €58,177 | -€6,011 | -9.4% |
| Trade receivables | 40 | €61,225 | €54,698 | -€6,527 | -10.7% |
| Other amounts receivable | 41 | €2,964 | €3,479 | +€515 | +17.4% |
| Cash at bank and in hand | 54/58 | €69,035 | €105,692 | +€36,656 | +53.1% |
| Deferred charges and accrued income | 490/1 | €1,085 | €19,795 | +€18,710 | +1724.3% |
| Total equity and liabilities | 10/49 | €166,648 | €207,172 | +€40,524 | +24.3% |
| Equity | 10/15 | €85,265 | €117,512 | +€32,247 | +37.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €64,805 | €97,052 | +€32,247 | +49.8% |
| Distributable reserves | 133 | €64,805 | €97,052 | +€32,247 | +49.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €81,383 | €89,660 | +€8,277 | +10.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €80,108 | €88,722 | +€8,615 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €534 | €0 | -€534 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €51,298 | €40,550 | -€10,748 | -21.0% |
| Suppliers | 440/4 | €51,298 | €40,550 | -€10,748 | -21.0% |
| Advances received on contracts in progress | 46 | - | €21,250 | +€21,250 | |
| Taxes, remuneration and social security | 45 | €17,009 | €3,199 | -€13,810 | -81.2% |
| Taxes | 450/3 | €17,009 | €3,199 | -€13,810 | -81.2% |
| Other amounts payable | 47/48 | €11,267 | €23,723 | +€12,456 | +110.6% |
| Accrued charges and deferred income | 492/3 | €1,275 | €938 | -€338 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,332 | €12,437 | +€106 | +0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €29,720 | +€29,720 | |
| Other operating charges | 640/8 | €3,003 | €2,958 | -€45 | -1.5% |
| Non-recurring operating charges | 66A | €725 | €512 | -€213 | -29.4% |
| Gross operating margin | 9900 | €28,888 | €94,974 | +€66,086 | +228.8% |
| Operating profit (loss) | 9901 | €12,828 | €49,348 | +€36,520 | +284.7% |
| Financial income | 75/76B | €97 | €1 | -€97 | -99.2% |
| Recurring financial income | 75 | €97 | €1 | -€97 | -99.2% |
| Financial charges | 65/66B | €862 | €1,662 | +€800 | +92.8% |
| Recurring financial charges | 65 | €862 | €1,662 | +€800 | +92.8% |
| Profit (loss) for the period before taxes | 9903 | €12,064 | €47,687 | +€35,623 | +295.3% |
| Income taxes | 67/77 | €3,686 | €15,439 | +€11,753 | +318.8% |
| Profit (loss) for the period | 9904 | €8,378 | €32,247 | +€23,870 | +284.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,378 | €32,247 | +€23,870 | +284.9% |
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 2 October 2026 via checked.be.