JORIS MENTEN: 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.
JORIS MENTEN
Largest movements
- Current investments +€26,139
up €26,139 (+142%), from €18,347 to €44,486
- Stocks and contracts -€14,963
down €14,963 (-29.6%), from €50,524 to €35,561
- Tangible fixed assets -€9,418
down €9,418 (-13.4%), from €70,407 to €60,988
of which Furniture and vehicles: -€7,254
- Trade debts +€35,765
up €35,765 (+202%), from €17,713 to €53,479
- Reserves -€35,129
down €35,129 (-8.3%), from €423,495 to €388,365
- Tax, wage and social debts +€5,465
up €5,465 (+102%), from €5,368 to €10,833
of which Remuneration and social security: +€4,806
- Gross operating margin -€42,129
down €42,129 (-23.2%), from €181,555 to €139,426
- Taxes -€12,196
down €12,196 (-60.2%), from €20,251 to €8,055
- Staff costs +€6,463
up €6,463 (+7.7%), from €84,368 to €90,831
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 | €462,976 | €466,065 | +€3,089 | +0.7% |
| Fixed assets | 21/28 | €71,797 | €62,378 | -€9,418 | -13.1% |
| Tangible fixed assets | 22/27 | €70,407 | €60,988 | -€9,418 | -13.4% |
| Land and buildings | 22 | €16,191 | €18,023 | +€1,832 | +11.3% |
| Plant, machinery and equipment | 23 | €9,448 | €5,452 | -€3,997 | -42.3% |
| Furniture and vehicles | 24 | €44,767 | €37,514 | -€7,254 | -16.2% |
| Financial fixed assets | 28 | €1,390 | €1,390 | = | 0.0% |
| Current assets | 29/58 | €391,179 | €403,687 | +€12,508 | +3.2% |
| Stocks and contracts in progress | 3 | €50,524 | €35,561 | -€14,963 | -29.6% |
| Stocks | 30/36 | €50,524 | €35,561 | -€14,963 | -29.6% |
| Amounts receivable within one year | 40/41 | €273,216 | €271,364 | -€1,852 | -0.7% |
| Trade receivables | 40 | €42,869 | €53,927 | +€11,058 | +25.8% |
| Other amounts receivable | 41 | €230,346 | €217,436 | -€12,910 | -5.6% |
| Current investments | 50/53 | €18,347 | €44,486 | +€26,139 | +142% |
| Cash at bank and in hand | 54/58 | €41,988 | €42,176 | +€188 | +0.4% |
| Deferred charges and accrued income | 490/1 | €7,104 | €10,099 | +€2,995 | +42.2% |
| Total equity and liabilities | 10/49 | €462,976 | €466,065 | +€3,089 | +0.7% |
| Equity | 10/15 | €431,555 | €396,425 | -€35,129 | -8.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €423,495 | €388,365 | -€35,129 | -8.3% |
| Distributable reserves | 133 | €423,495 | €388,365 | -€35,129 | -8.3% |
| Amounts payable | 17/49 | €31,421 | €69,640 | +€38,219 | +122% |
| Amounts payable within one year | 42/48 | €23,082 | €64,312 | +€41,230 | +179% |
| Trade debts | 44 | €17,713 | €53,479 | +€35,765 | +202% |
| Suppliers | 440/4 | €17,713 | €53,479 | +€35,765 | +202% |
| Taxes, remuneration and social security | 45 | €5,368 | €10,833 | +€5,465 | +102% |
| Taxes | 450/3 | €5,368 | €6,027 | +€659 | +12.3% |
| Remuneration and social security | 454/9 | - | €4,806 | +€4,806 | |
| Accrued charges and deferred income | 492/3 | €8,340 | €5,328 | -€3,012 | -36.1% |
| Non-recurring operating income | 76A | €1,250 | - | -€1,250 | |
| Remuneration, social security and pensions | 62 | €84,368 | €90,831 | +€6,463 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,941 | €19,590 | +€1,649 | +9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,461 | €4,461 | = | 0.0% |
| Other operating charges | 640/8 | €3,103 | €3,171 | +€67 | +2.2% |
| Non-recurring operating charges | 66A | €404 | - | -€404 | |
| Gross operating margin | 9900 | €181,555 | €139,426 | -€42,129 | -23.2% |
| Operating profit (loss) | 9901 | €71,277 | €21,374 | -€49,904 | -70.0% |
| Financial income | 75/76B | €7,236 | €6,379 | -€857 | -11.8% |
| Recurring financial income | 75 | €7,236 | €6,379 | -€857 | -11.8% |
| Financial charges | 65/66B | €3,463 | €1,891 | -€1,572 | -45.4% |
| Recurring financial charges | 65 | €3,463 | €1,891 | -€1,572 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €75,050 | €25,861 | -€49,189 | -65.5% |
| Income taxes | 67/77 | €20,251 | €8,055 | -€12,196 | -60.2% |
| Profit (loss) for the period | 9904 | €54,799 | €17,806 | -€36,993 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,799 | €17,806 | -€36,993 | -67.5% |
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 22 October 2026 via checked.be.