MACCHIAVELLI MENTIS: 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.
MACCHIAVELLI MENTIS
Largest movements
- Cash +€14,661
up €14,661 (+906%), from €1,618 to €16,279
mainly Net result for the year (+€14,793) and Tax, wage and social debts (+€5,833)
- Deferred charges and accrued income +€901
up €901 (+335%), from €269 to €1,169
- Tangible fixed assets +€433
up €433 (+30.7%), from €1,411 to €1,844
- Receivables within one year -€340
down €340 (-66.6%), from €511 to €171
- Formation expenses -€259
down €259 (-21.0%), from €1,236 to €977
- Profit (loss) carried forward +€13,101
up €13,101, from -€2,951 to €10,150
- Other debts -€6,180
down €6,180 (-78.3%), from €7,896 to €1,716
- Tax, wage and social debts +€5,833
new in 2025: €5,833
- Trade debts +€2,641
new in 2025: €2,641
- Gross operating margin +€23,226
up €23,226, from -€2,860 to €20,367
- Taxes +€3,886
new in 2025: €3,886
- Depreciation +€1,028
up €1,028 (+1,119%), from €92 to €1,120
- Financial charges +€484
new in 2025: €484
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 | €5,045 | €20,440 | +€15,395 | +305% |
| Formation expenses | 20 | €1,236 | €977 | -€259 | -21.0% |
| Fixed assets | 21/28 | €1,411 | €1,844 | +€433 | +30.7% |
| Tangible fixed assets | 22/27 | €1,411 | €1,844 | +€433 | +30.7% |
| Furniture and vehicles | 24 | €1,411 | €1,844 | +€433 | +30.7% |
| Current assets | 29/58 | €2,397 | €17,619 | +€15,221 | +635% |
| Amounts receivable within one year | 40/41 | €511 | €171 | -€340 | -66.6% |
| Other amounts receivable | 41 | €511 | €171 | -€340 | -66.6% |
| Cash at bank and in hand | 54/58 | €1,618 | €16,279 | +€14,661 | +906% |
| Deferred charges and accrued income | 490/1 | €269 | €1,169 | +€901 | +335% |
| Total equity and liabilities | 10/49 | €5,045 | €20,440 | +€15,395 | +305% |
| Equity | 10/15 | -€2,851 | €10,250 | +€13,101 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,951 | €10,150 | +€13,101 | |
| Amounts payable | 17/49 | €7,896 | €10,190 | +€2,294 | +29.0% |
| Amounts payable within one year | 42/48 | €7,896 | €10,190 | +€2,294 | +29.0% |
| Trade debts | 44 | - | €2,641 | +€2,641 | |
| Suppliers | 440/4 | - | €2,641 | +€2,641 | |
| Taxes, remuneration and social security | 45 | - | €5,833 | +€5,833 | |
| Taxes | 450/3 | - | €5,833 | +€5,833 | |
| Other amounts payable | 47/48 | €7,896 | €1,716 | -€6,180 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92 | €1,120 | +€1,028 | +1,119% |
| Other operating charges | 640/8 | - | €92 | +€92 | |
| Gross operating margin | 9900 | -€2,860 | €20,367 | +€23,226 | |
| Operating profit (loss) | 9901 | -€2,952 | €19,155 | +€22,106 | |
| Financial income | 75/76B | €0 | €8 | +€8 | +84,000% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +84,000% |
| Financial charges | 65/66B | - | €484 | +€484 | |
| Recurring financial charges | 65 | - | €484 | +€484 | |
| Profit (loss) for the period before taxes | 9903 | -€2,951 | €18,679 | +€21,631 | |
| Income taxes | 67/77 | - | €3,886 | +€3,886 | |
| Profit (loss) for the period | 9904 | -€2,951 | €14,793 | +€17,745 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,951 | €14,793 | +€17,745 |
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 14 October 2026 via checked.be.