Dr. Ans Mentens: 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.
Dr. Ans Mentens
Largest movements
- Current investments +€35,813
up €35,813 (+7.6%), from €468,775 to €504,588
- Cash -€23,652
down €23,652 (-17.8%), from €132,811 to €109,160
mainly Contributions, distributions and other (-€171,220) and Current investments (-€35,813)
- Accrued charges and deferred income -€18,344
down €18,344 (-99.7%), from €18,403 to €59
- Other debts +€9,205
new in 2025: €9,205
- Tax, wage and social debts +€8,662
up €8,662 (+56.3%), from €15,383 to €24,045
of which Taxes: +€5,579
- Financial income +€3,523
up €3,523 (+39.8%), from €8,845 to €12,368
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 | €660,115 | €668,663 | +€8,548 | +1.3% |
| Fixed assets | 21/28 | €30,642 | €28,352 | -€2,290 | -7.5% |
| Tangible fixed assets | 22/27 | €24,342 | €22,052 | -€2,290 | -9.4% |
| Land and buildings | 22 | €17,965 | €10,657 | -€7,309 | -40.7% |
| Plant, machinery and equipment | 23 | €3,984 | €2,224 | -€1,760 | -44.2% |
| Furniture and vehicles | 24 | €2,393 | €9,172 | +€6,779 | +283% |
| Financial fixed assets | 28 | €6,300 | €6,300 | = | 0.0% |
| Current assets | 29/58 | €629,473 | €640,311 | +€10,838 | +1.7% |
| Amounts receivable within one year | 40/41 | €12,473 | €16,396 | +€3,923 | +31.5% |
| Trade receivables | 40 | €713 | €6,396 | +€5,683 | +797% |
| Other amounts receivable | 41 | €11,760 | €10,000 | -€1,760 | -15.0% |
| Current investments | 50/53 | €468,775 | €504,588 | +€35,813 | +7.6% |
| Cash at bank and in hand | 54/58 | €132,811 | €109,160 | -€23,652 | -17.8% |
| Deferred charges and accrued income | 490/1 | €15,414 | €10,167 | -€5,247 | -34.0% |
| Total equity and liabilities | 10/49 | €660,115 | €668,663 | +€8,548 | +1.3% |
| Equity | 10/15 | €625,729 | €631,527 | +€5,798 | +0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €613,329 | €619,127 | +€5,798 | +0.9% |
| Distributable reserves | 133 | €613,329 | €619,127 | +€5,798 | +0.9% |
| Amounts payable | 17/49 | €34,387 | €37,136 | +€2,749 | +8.0% |
| Amounts payable within one year | 42/48 | €15,983 | €37,077 | +€21,094 | +132% |
| Trade debts | 44 | €600 | €3,826 | +€3,227 | +538% |
| Suppliers | 440/4 | €600 | €3,826 | +€3,227 | +538% |
| Taxes, remuneration and social security | 45 | €15,383 | €24,045 | +€8,662 | +56.3% |
| Taxes | 450/3 | €15,383 | €20,963 | +€5,579 | +36.3% |
| Remuneration and social security | 454/9 | - | €3,083 | +€3,083 | |
| Other amounts payable | 47/48 | - | €9,205 | +€9,205 | |
| Accrued charges and deferred income | 492/3 | €18,403 | €59 | -€18,344 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,884 | €11,465 | -€419 | -3.5% |
| Gross operating margin | 9900 | €253,521 | €253,454 | -€67 | 0.0% |
| Operating profit (loss) | 9901 | €241,637 | €241,989 | +€352 | +0.1% |
| Financial income | 75/76B | €8,845 | €12,368 | +€3,523 | +39.8% |
| Recurring financial income | 75 | €8,845 | €12,368 | +€3,523 | +39.8% |
| Financial charges | 65/66B | €366 | €272 | -€93 | -25.5% |
| Recurring financial charges | 65 | €366 | €272 | -€93 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €250,116 | €254,084 | +€3,968 | +1.6% |
| Income taxes | 67/77 | €76,342 | €77,066 | +€724 | +0.9% |
| Profit (loss) for the period | 9904 | €173,774 | €177,018 | +€3,244 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €173,774 | €177,018 | +€3,244 | +1.9% |
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 19 October 2026 via checked.be.