MODIV: what changed
MODIV
Largest movements
- Receivables within one year -€1,102
down €1,102 (-8.1%), from €13,626 to €12,524
- Cash +€888
up €888 (+2,448%), from €36 to €924
mainly Receivables within one year (+€1,102) and Other debts (+€42)
- Profit (loss) carried forward -€156
down €156 (-1.9%), from -€8,077 to -€8,232
- Gross operating margin +€1,024
no longer reported in 2025 (was -€1,024)
- Financial charges -€115
down €115 (-67.4%), from €170 to €56
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 | €13,662 | €13,448 | -€214 | -1.6% |
| Current assets | 29/58 | €13,662 | €13,448 | -€214 | -1.6% |
| Amounts receivable within one year | 40/41 | €13,626 | €12,524 | -€1,102 | -8.1% |
| Other amounts receivable | 41 | €13,626 | €12,524 | -€1,102 | -8.1% |
| Cash at bank and in hand | 54/58 | €36 | €924 | +€888 | +2,448% |
| Total equity and liabilities | 10/49 | €13,662 | €13,448 | -€214 | -1.6% |
| Equity | 10/15 | €12,458 | €12,302 | -€156 | -1.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,135 | €8,135 | = | 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% |
| Distributable reserves | 133 | €6,275 | €6,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,077 | -€8,232 | -€156 | -1.9% |
| Amounts payable | 17/49 | €1,204 | €1,146 | -€58 | -4.8% |
| Amounts payable within one year | 42/48 | €1,204 | €1,146 | -€58 | -4.8% |
| Trade debts | 44 | €100 | - | -€100 | |
| Suppliers | 440/4 | €100 | - | -€100 | |
| Other amounts payable | 47/48 | €1,104 | €1,146 | +€42 | +3.8% |
| Other operating charges | 640/8 | €100 | €100 | = | 0.0% |
| Gross operating margin | 9900 | -€1,024 | - | +€1,024 | |
| Operating profit (loss) | 9901 | -€1,124 | -€100 | +€1,024 | +91.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €170 | €56 | -€115 | -67.4% |
| Recurring financial charges | 65 | €170 | €56 | -€115 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,294 | -€156 | +€1,139 | +88.0% |
| Profit (loss) for the period | 9904 | -€1,294 | -€156 | +€1,139 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,294 | -€156 | +€1,139 | +88.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.