Mendebra: 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.
Mendebra
Largest movements
- Cash +€35,071
up €35,071 (+84.8%), from €41,336 to €76,407
mainly Net result for the year (+€30,847) and Depreciation (+€20,506)
- Tangible fixed assets -€20,506
down €20,506 (-8.7%), from €236,125 to €215,619
- Profit (loss) carried forward +€29,247
up €29,247 (+69.5%), from €42,063 to €71,310
- Debts after one year -€23,907
down €23,907 (-11.6%), from €205,911 to €182,005
of which Advances received on contracts in progress: -€13,800
- Tax, wage and social debts +€8,387
up €8,387 (+132.0%), from €6,356 to €14,743
- Financial income +€17,511
new in 2023: €17,511
- Taxes +€5,480
up €5,480 (+95.3%), from €5,750 to €11,229
- Gross operating margin +€2,359
up €2,359 (+5.1%), from €46,630 to €48,989
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €288,997 | €303,319 | +€14,323 | +5.0% |
| Fixed assets | 21/28 | €236,125 | €215,619 | -€20,506 | -8.7% |
| Tangible fixed assets | 22/27 | €236,125 | €215,619 | -€20,506 | -8.7% |
| Land and buildings | 22 | €236,125 | €215,619 | -€20,506 | -8.7% |
| Current assets | 29/58 | €52,872 | €87,700 | +€34,829 | +65.9% |
| Amounts receivable within one year | 40/41 | €11,381 | €11,125 | -€256 | -2.2% |
| Trade receivables | 40 | €11,381 | €11,125 | -€256 | -2.2% |
| Cash at bank and in hand | 54/58 | €41,336 | €76,407 | +€35,071 | +84.8% |
| Deferred charges and accrued income | 490/1 | €155 | €169 | +€14 | +9.2% |
| Total equity and liabilities | 10/49 | €288,997 | €303,319 | +€14,323 | +5.0% |
| Equity | 10/15 | €43,063 | €72,310 | +€29,247 | +67.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,063 | €71,310 | +€29,247 | +69.5% |
| Amounts payable | 17/49 | €245,934 | €231,009 | -€14,925 | -6.1% |
| Amounts payable after more than one year | 17 | €205,911 | €182,005 | -€23,907 | -11.6% |
| Financial debts | 170/4 | €39,261 | €26,305 | -€12,957 | -33.0% |
| Advances received on contracts in progress | 176 | €166,650 | €152,850 | -€13,800 | -8.3% |
| Other amounts payable | 178/9 | - | €2,850 | +€2,850 | |
| Amounts payable within one year | 42/48 | €40,023 | €49,005 | +€8,982 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €12,585 | €12,957 | +€371 | +3.0% |
| Trade debts | 44 | €153 | €153 | = | 0.0% |
| Suppliers | 440/4 | €153 | €153 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,356 | €14,743 | +€8,387 | +132.0% |
| Taxes | 450/3 | €6,356 | €14,743 | +€8,387 | +132.0% |
| Other amounts payable | 47/48 | €20,929 | €21,152 | +€223 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,506 | €20,506 | = | 0.0% |
| Other operating charges | 640/8 | €1,101 | €1,313 | +€212 | +19.3% |
| Gross operating margin | 9900 | €46,630 | €48,989 | +€2,359 | +5.1% |
| Operating profit (loss) | 9901 | €25,023 | €27,170 | +€2,147 | +8.6% |
| Financial income | 75/76B | - | €17,511 | +€17,511 | |
| Recurring financial income | 75 | - | €17,511 | +€17,511 | |
| Financial charges | 65/66B | €2,670 | €2,604 | -€65 | -2.5% |
| Recurring financial charges | 65 | €2,670 | €2,604 | -€65 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €22,353 | €42,076 | +€19,723 | +88.2% |
| Income taxes | 67/77 | €5,750 | €11,229 | +€5,480 | +95.3% |
| Profit (loss) for the period | 9904 | €16,604 | €30,847 | +€14,244 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,604 | €30,847 | +€14,244 | +85.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.