MOTRONICS: what changed
What changed
MOTRONICS
NACE 28.230, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€400,262
2024 · €417,692-€17,429
Equity
€3.0m
2024 · €2.6m+€400,262
Cash
€2.4m
2024 · €2.0m+€400,636
Balance sheet total
€3.1m
2024 · €2.7m+€432,876
Largest movements
Assets
- Cash +€400,636
up €400,636 (+20.3%), from €2.0m to €2.4m
mainly Net result for the year (+€400,262) and Depreciation (+€41,806)
- Tangible fixed assets -€41,361
down €41,361 (-13.7%), from €302,014 to €260,653
- Current investments +€37,873
up €37,873 (+11.8%), from €320,711 to €358,585
- Receivables within one year +€35,818
up €35,818 (+37.3%), from €96,069 to €131,887
of which Trade receivables: +€18,297
Equity and liabilities
- Reserves +€400,262
up €400,262 (+2,704%), from €14,805 to €415,067
of which Distributable reserves: +€400,262
Income statement
- Taxes +€47,725
up €47,725 (+35.9%), from €133,016 to €180,742
- Financial income +€19,009
up €19,009 (+103%), from €18,447 to €37,456
- Gross operating margin +€10,049
up €10,049 (+1.7%), from €579,391 to €589,440
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.
Result 2024
€417,692
Gross operating margin
+€10,049
Depreciation
+€1,768
Other operating charges
-€547
Financial income
+€19,009
Financial charges
+€17
Taxes
-€47,725
Result 2025
€400,262
raises the resultlowers the result
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.
From operations
+€438,954
Investment
-€38,317
Financing
€0
Cash 2024
€2.0m
From operations (derived)
+€438,954
Net result for the year
+€400,262
Depreciation
+€41,806
Smaller working-capital items
+€170
Receivables within one year
-€35,818
Trade debts
+€1,765
Tax, wage and social debts
+€28,650
Other debts
+€2,118
Investment (derived)
-€38,317
Investment in fixed assets (net)
-€444
Current investments
-€37,873
Cash 2025
€2.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,694,855 | €3,127,731 | +€432,876 | +16.1% |
| Fixed assets | 21/28 | €302,014 | €260,653 | -€41,361 | -13.7% |
| Tangible fixed assets | 22/27 | €302,014 | €260,653 | -€41,361 | -13.7% |
| Land and buildings | 22 | €270,535 | €252,392 | -€18,143 | -6.7% |
| Plant, machinery and equipment | 23 | €5,926 | €3,240 | -€2,686 | -45.3% |
| Furniture and vehicles | 24 | €24,708 | €4,493 | -€20,215 | -81.8% |
| Other tangible fixed assets | 26 | €845 | €527 | -€317 | -37.6% |
| Current assets | 29/58 | €2,392,841 | €2,867,079 | +€474,237 | +19.8% |
| Stocks and contracts in progress | 3 | €2,740 | €2,650 | -€90 | -3.3% |
| Stocks | 30/36 | €2,740 | €2,650 | -€90 | -3.3% |
| Amounts receivable within one year | 40/41 | €96,069 | €131,887 | +€35,818 | +37.3% |
| Trade receivables | 40 | €96,069 | €114,365 | +€18,297 | +19.0% |
| Other amounts receivable | 41 | - | €17,521 | +€17,521 | |
| Current investments | 50/53 | €320,711 | €358,585 | +€37,873 | +11.8% |
| Cash at bank and in hand | 54/58 | €1,973,321 | €2,373,958 | +€400,636 | +20.3% |
| Total equity and liabilities | 10/49 | €2,694,855 | €3,127,731 | +€432,876 | +16.1% |
| Equity | 10/15 | €2,630,404 | €3,030,667 | +€400,262 | +15.2% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €14,805 | €415,067 | +€400,262 | +2,704% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,946 | €12,946 | = | 0.0% |
| Distributable reserves | 133 | - | €400,262 | +€400,262 | |
| Profit (loss) carried forward | 14 | €2,578,415 | €2,578,415 | = | 0.0% |
| Amounts payable | 17/49 | €64,451 | €97,065 | +€32,614 | +50.6% |
| Amounts payable within one year | 42/48 | €64,451 | €96,984 | +€32,533 | +50.5% |
| Trade debts | 44 | - | €1,765 | +€1,765 | |
| Suppliers | 440/4 | - | €1,765 | +€1,765 | |
| Taxes, remuneration and social security | 45 | €58,197 | €86,847 | +€28,650 | +49.2% |
| Taxes | 450/3 | €58,197 | €86,847 | +€28,650 | +49.2% |
| Other amounts payable | 47/48 | €6,254 | €8,372 | +€2,118 | +33.9% |
| Accrued charges and deferred income | 492/3 | - | €80 | +€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,573 | €41,806 | -€1,768 | -4.1% |
| Other operating charges | 640/8 | €3,355 | €3,902 | +€547 | +16.3% |
| Gross operating margin | 9900 | €579,391 | €589,440 | +€10,049 | +1.7% |
| Operating profit (loss) | 9901 | €532,463 | €543,733 | +€11,270 | +2.1% |
| Financial income | 75/76B | €18,447 | €37,456 | +€19,009 | +103% |
| Recurring financial income | 75 | €18,447 | €37,456 | +€19,009 | +103% |
| Financial charges | 65/66B | €201 | €184 | -€17 | -8.6% |
| Recurring financial charges | 65 | €201 | €184 | -€17 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €550,708 | €581,004 | +€30,296 | +5.5% |
| Income taxes | 67/77 | €133,016 | €180,742 | +€47,725 | +35.9% |
| Profit (loss) for the period | 9904 | €417,692 | €400,262 | -€17,429 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €417,692 | €400,262 | -€17,429 | -4.2% |
Next steps
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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 1 November 2026 via checked.be.