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MENDA CONSTRUCT: what changed

Two fiscal 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.

What changed

MENDA CONSTRUCT

BE 0811.578.907
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,214
2024 · -€3,376+€1,162
Equity
€2,069
2024 · €4,283-€2,214
Cash
€2,581
2024 · €4,333-€1,752
Balance sheet total
€2,581
2024 · €4,333-€1,752

Largest movements

2024 to 2025
Assets
  • Cash -€1,752

    down €1,752 (-40.4%), from €4,333 to €2,581

    mainly Net result for the year (-€2,214)

Equity and liabilities
  • Profit (loss) carried forward -€2,214

    down €2,214 (-58.6%), from -€3,777 to -€5,991

  • Trade debts +€462

    new in 2025: €462

Income statement
  • Gross operating margin +€793

    up €793 (+26.1%), from -€3,036 to -€2,244

  • Financial income +€410

    up €410 (+211.5%), from €194 to €603

    of which Financial income: +€410

  • Other operating charges +€41

    up €41 (+8.6%), from €482 to €524

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,376
Gross operating margin +€793
Other operating charges -€41
Financial income +€410
Financial charges +€2
Result 2025 -€2,214

Cash bridge derived

cash 2024 to 2025

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.

From operations -€1,752
Investment €0
Financing €0
Cash 2024 €4,333
Net result for the year -€2,214
Trade debts +€462
Cash 2025 €2,581
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €4,333 €2,581 -€1,752 -40.4%
Current assets 29/58 €4,333 €2,581 -€1,752 -40.4%
Cash at bank and in hand 54/58 €4,333 €2,581 -€1,752 -40.4%
Total equity and liabilities 10/49 €4,333 €2,581 -€1,752 -40.4%
Equity 10/15 €4,283 €2,069 -€2,214 -51.7%
Contributions 10/11 €8,060 €8,060 = 0.0%
Profit (loss) carried forward 14 -€3,777 -€5,991 -€2,214 -58.6%
Amounts payable 17/49 €50 €512 +€462 +924.1%
Amounts payable within one year 42/48 €50 €512 +€462 +924.1%
Trade debts 44 - €462 +€462
Suppliers 440/4 - €462 +€462
Other amounts payable 47/48 €50 €50 = 0.0%
Other operating charges 640/8 €482 €524 +€41 +8.6%
Gross operating margin 9900 -€3,036 -€2,244 +€793 +26.1%
Operating profit (loss) 9901 -€3,519 -€2,768 +€751 +21.3%
Financial income 75/76B €194 €603 +€410 +211.5%
Recurring financial income 75 €194 €603 +€410 +211.5%
Non-recurring financial income 76B €194 €603 +€410 +211.5%
Financial charges 65/66B €51 €50 -€2 -2.9%
Recurring financial charges 65 €51 €50 -€2 -2.9%
Profit (loss) for the period before taxes 9903 -€3,376 -€2,214 +€1,162 +34.4%
Profit (loss) for the period 9904 -€3,376 -€2,214 +€1,162 +34.4%
Profit (loss) for the period to be appropriated 9905 -€3,376 -€2,214 +€1,162 +34.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.