Firma Mens: what changed
Firma Mens
Largest movements
- Stocks and contracts -€233,796
no longer reported in 2025 (was €233,796)
of which Contracts in progress: -€208,830
- Cash -€197,244
down €197,244 (-91.7%), from €214,990 to €17,747
mainly Trade debts (-€305,204) and Net result for the year (-€268,694)
- Receivables within one year -€195,537
down €195,537 (-46.5%), from €420,718 to €225,181
of which Trade receivables: -€171,765
- Tangible fixed assets -€50,516
down €50,516 (-36.9%), from €136,969 to €86,453
of which Furniture and vehicles: -€32,634
- Trade debts -€305,204
down €305,204 (-90.4%), from €337,602 to €32,397
- Profit (loss) carried forward -€268,694
down €268,694 (-272%), from -€98,708 to -€367,401
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Debts after one year -€30,469
down €30,469 (-42.2%), from €72,153 to €41,683
- Current portion of long-term debt -€17,056
down €17,056 (-35.9%), from €47,525 to €30,469
- Gross operating margin -€234,778
down €234,778, from €233,241 to -€1,537
- Staff costs -€108,141
down €108,141 (-39.8%), from €271,390 to €163,249
- Other operating charges +€52,322
up €52,322 (+405%), from €12,933 to €65,255
- Financial charges -€14,284
down €14,284 (-58.3%), from €24,484 to €10,200
- Financial income -€11,696
down €11,696 (-99.6%), from €11,744 to €48
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 | €1,011,253 | €334,882 | -€676,372 | -66.9% |
| Fixed assets | 21/28 | €137,118 | €86,602 | -€50,516 | -36.8% |
| Tangible fixed assets | 22/27 | €136,969 | €86,453 | -€50,516 | -36.9% |
| Land and buildings | 22 | €40,198 | €37,298 | -€2,900 | -7.2% |
| Plant, machinery and equipment | 23 | €4,137 | €367 | -€3,769 | -91.1% |
| Furniture and vehicles | 24 | €63,179 | €30,545 | -€32,634 | -51.7% |
| Other tangible fixed assets | 26 | €29,455 | €18,242 | -€11,213 | -38.1% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €874,135 | €248,280 | -€625,856 | -71.6% |
| Stocks and contracts in progress | 3 | €233,796 | - | -€233,796 | |
| Stocks | 30/36 | €24,967 | - | -€24,967 | |
| Contracts in progress | 37 | €208,830 | - | -€208,830 | |
| Amounts receivable within one year | 40/41 | €420,718 | €225,181 | -€195,537 | -46.5% |
| Trade receivables | 40 | €393,834 | €222,069 | -€171,765 | -43.6% |
| Other amounts receivable | 41 | €26,884 | €3,113 | -€23,771 | -88.4% |
| Cash at bank and in hand | 54/58 | €214,990 | €17,747 | -€197,244 | -91.7% |
| Deferred charges and accrued income | 490/1 | €4,631 | €5,352 | +€721 | +15.6% |
| Total equity and liabilities | 10/49 | €1,011,253 | €334,882 | -€676,372 | -66.9% |
| Equity | 10/15 | €474,047 | €205,353 | -€268,694 | -56.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €510,754 | €510,754 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,031 | €15,031 | = | 0.0% |
| Distributable reserves | 133 | €489,523 | €489,523 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,708 | -€367,401 | -€268,694 | -272% |
| Amounts payable | 17/49 | €537,207 | €129,529 | -€407,678 | -75.9% |
| Amounts payable after more than one year | 17 | €72,153 | €41,683 | -€30,469 | -42.2% |
| Financial debts | 170/4 | €72,153 | €41,683 | -€30,469 | -42.2% |
| Amounts payable within one year | 42/48 | €465,054 | €87,846 | -€377,208 | -81.1% |
| Current portion of amounts payable after more than one year | 42 | €47,525 | €30,469 | -€17,056 | -35.9% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €337,602 | €32,397 | -€305,204 | -90.4% |
| Suppliers | 440/4 | €337,602 | €32,397 | -€305,204 | -90.4% |
| Taxes, remuneration and social security | 45 | €12,867 | €8,316 | -€4,551 | -35.4% |
| Taxes | 450/3 | €3,180 | €1,457 | -€1,723 | -54.2% |
| Remuneration and social security | 454/9 | €9,687 | €6,859 | -€2,829 | -29.2% |
| Other amounts payable | 47/48 | €17,060 | €16,663 | -€397 | -2.3% |
| Remuneration, social security and pensions | 62 | €271,390 | €163,249 | -€108,141 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,114 | €27,656 | -€6,458 | -18.9% |
| Other operating charges | 640/8 | €12,933 | €65,255 | +€52,322 | +405% |
| Gross operating margin | 9900 | €233,241 | -€1,537 | -€234,778 | |
| Operating profit (loss) | 9901 | -€85,196 | -€257,697 | -€172,500 | -202% |
| Financial income | 75/76B | €11,744 | €48 | -€11,696 | -99.6% |
| Recurring financial income | 75 | €11,744 | €48 | -€11,696 | -99.6% |
| Financial charges | 65/66B | €24,484 | €10,200 | -€14,284 | -58.3% |
| Recurring financial charges | 65 | €24,484 | €10,200 | -€14,284 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | -€97,936 | -€267,848 | -€169,912 | -173% |
| Income taxes | 67/77 | €771 | €846 | +€74 | +9.6% |
| Profit (loss) for the period | 9904 | -€98,708 | -€268,694 | -€169,986 | -172% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,708 | -€268,694 | -€169,986 | -172% |
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 3 November 2026 via checked.be.