La Ménerbienne: 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.
La Ménerbienne
Largest movements
- Current investments -€811,796
down €811,796 (-30.2%), from €2.7m to €1.9m
- Cash +€406,648
up €406,648 (+39.5%), from €1.0m to €1.4m
mainly Current investments (+€811,796) and Net result for the year (+€63,959)
- Debts after one year -€500,000
down €500,000 (-33.3%), from €1.5m to €1.0m
- Profit (loss) carried forward +€63,959
up €63,959 (+1,578%), from €4,054 to €68,013
- Financial income +€228,890
up €228,890 (+3,997%), from €5,726 to €234,616
- Financial charges +€132,268
new in 2024: €132,268
of which Financial charges: +€118,347
- Taxes +€29,338
up €29,338 (+1,988%), from €1,476 to €30,814
- Gross operating margin -€5,302
down €5,302 (-2,706%), from -€196 to -€5,498
- Other operating charges +€2,077
new in 2024: €2,077
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,197,378 | €5,803,957 | -€393,421 | -6.3% |
| Current assets | 29/58 | €6,197,378 | €5,803,957 | -€393,421 | -6.3% |
| Amounts receivable after more than one year | 29 | €2,458,941 | €2,463,001 | +€4,060 | +0.2% |
| Other amounts receivable | 291 | €2,458,941 | €2,463,001 | +€4,060 | +0.2% |
| Amounts receivable within one year | 40/41 | €18,877 | €16,286 | -€2,591 | -13.7% |
| Trade receivables | 40 | €3,650 | - | -€3,650 | |
| Other amounts receivable | 41 | €15,227 | €16,286 | +€1,059 | +7.0% |
| Current investments | 50/53 | €2,688,849 | €1,877,052 | -€811,796 | -30.2% |
| Cash at bank and in hand | 54/58 | €1,029,373 | €1,436,021 | +€406,648 | +39.5% |
| Deferred charges and accrued income | 490/1 | €1,339 | €11,597 | +€10,258 | +766% |
| Total equity and liabilities | 10/49 | €6,197,378 | €5,803,957 | -€393,421 | -6.3% |
| Equity | 10/15 | €4,663,640 | €4,727,599 | +€63,959 | +1.4% |
| Contributions | 10/11 | €4,659,586 | €4,659,586 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,054 | €68,013 | +€63,959 | +1,578% |
| Amounts payable | 17/49 | €1,533,738 | €1,076,358 | -€457,380 | -29.8% |
| Amounts payable after more than one year | 17 | €1,500,000 | €1,000,000 | -€500,000 | -33.3% |
| Financial debts | 170/4 | €1,500,000 | €1,000,000 | -€500,000 | -33.3% |
| Amounts payable within one year | 42/48 | €33,738 | €51,287 | +€17,549 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €17,553 | €8,581 | -€8,972 | -51.1% |
| Trade debts | 44 | €3,846 | €246 | -€3,600 | -93.6% |
| Suppliers | 440/4 | €3,846 | €246 | -€3,600 | -93.6% |
| Taxes, remuneration and social security | 45 | €12,339 | €42,460 | +€30,121 | +244% |
| Taxes | 450/3 | €12,339 | €42,460 | +€30,121 | +244% |
| Accrued charges and deferred income | 492/3 | - | €25,071 | +€25,071 | |
| Other operating charges | 640/8 | - | €2,077 | +€2,077 | |
| Gross operating margin | 9900 | -€196 | -€5,498 | -€5,302 | -2,706% |
| Operating profit (loss) | 9901 | -€196 | -€7,575 | -€7,379 | -3,766% |
| Financial income | 75/76B | €5,726 | €234,616 | +€228,890 | +3,997% |
| Recurring financial income | 75 | €5,726 | €234,616 | +€228,890 | +3,997% |
| Financial charges | 65/66B | - | €132,268 | +€132,268 | |
| Recurring financial charges | 65 | - | €118,347 | +€118,347 | |
| Non-recurring financial charges | 66B | - | €13,921 | +€13,921 | |
| Profit (loss) for the period before taxes | 9903 | €5,530 | €94,773 | +€89,243 | +1,614% |
| Income taxes | 67/77 | €1,476 | €30,814 | +€29,338 | +1,988% |
| Profit (loss) for the period | 9904 | €4,054 | €63,959 | +€59,905 | +1,478% |
| Profit (loss) for the period to be appropriated | 9905 | €4,054 | €63,959 | +€59,905 | +1,478% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.