Mendes RénoVert: 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.
Mendes RénoVert
Largest movements
- Tangible fixed assets -€16,039
down €16,039 (-37.7%), from €42,590 to €26,551
- Receivables within one year +€10,308
up €10,308 (+68.0%), from €15,152 to €25,460
of which Other amounts receivable: +€5,741
- Cash +€1,522
up €1,522 (+20.8%), from €7,333 to €8,855
mainly Depreciation (+€18,673) and Net result for the year (+€17,437)
- Profit (loss) carried forward +€17,437
up €17,437 (+811%), from €2,151 to €19,588
- Tax, wage and social debts -€9,445
down €9,445 (-91.3%), from €10,350 to €905
of which Remuneration and social security: -€8,350
- Other debts -€7,332
down €7,332 (-34.9%), from €21,018 to €13,686
- Debts after one year -€5,828
down €5,828 (-64.6%), from €9,019 to €3,191
- Gross operating margin +€9,517
up €9,517 (+34.5%), from €27,563 to €37,080
- Depreciation -€3,129
down €3,129 (-14.4%), from €21,802 to €18,673
- Taxes -€3,095
down €3,095, from €2,000 to -€1,095
- Financial charges +€553
up €553 (+191%), from €289 to €842
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 | €65,610 | €61,087 | -€4,524 | -6.9% |
| Fixed assets | 21/28 | €42,590 | €26,551 | -€16,039 | -37.7% |
| Tangible fixed assets | 22/27 | €42,590 | €26,551 | -€16,039 | -37.7% |
| Plant, machinery and equipment | 23 | €12,663 | €7,674 | -€4,989 | -39.4% |
| Furniture and vehicles | 24 | €12,289 | €8,176 | -€4,113 | -33.5% |
| Leasing and similar rights | 25 | €17,638 | €10,701 | -€6,938 | -39.3% |
| Current assets | 29/58 | €23,020 | €34,536 | +€11,515 | +50.0% |
| Amounts receivable within one year | 40/41 | €15,152 | €25,460 | +€10,308 | +68.0% |
| Trade receivables | 40 | €13,623 | €18,190 | +€4,567 | +33.5% |
| Other amounts receivable | 41 | €1,529 | €7,270 | +€5,741 | +376% |
| Cash at bank and in hand | 54/58 | €7,333 | €8,855 | +€1,522 | +20.8% |
| Deferred charges and accrued income | 490/1 | €536 | €221 | -€314 | -58.7% |
| Total equity and liabilities | 10/49 | €65,610 | €61,087 | -€4,524 | -6.9% |
| Equity | 10/15 | €6,151 | €23,588 | +€17,437 | +283% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,151 | €19,588 | +€17,437 | +811% |
| Amounts payable | 17/49 | €59,460 | €37,499 | -€21,960 | -36.9% |
| Amounts payable after more than one year | 17 | €9,019 | €3,191 | -€5,828 | -64.6% |
| Financial debts | 170/4 | €9,019 | €3,191 | -€5,828 | -64.6% |
| Amounts payable within one year | 42/48 | €50,441 | €34,308 | -€16,133 | -32.0% |
| Current portion of amounts payable after more than one year | 42 | €5,828 | €5,828 | = | 0.0% |
| Trade debts | 44 | €13,246 | €13,890 | +€644 | +4.9% |
| Suppliers | 440/4 | €13,246 | €13,890 | +€644 | +4.9% |
| Taxes, remuneration and social security | 45 | €10,350 | €905 | -€9,445 | -91.3% |
| Taxes | 450/3 | €2,000 | €905 | -€1,095 | -54.8% |
| Remuneration and social security | 454/9 | €8,350 | - | -€8,350 | |
| Other amounts payable | 47/48 | €21,018 | €13,686 | -€7,332 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,802 | €18,673 | -€3,129 | -14.4% |
| Other operating charges | 640/8 | €1,321 | €1,225 | -€96 | -7.3% |
| Gross operating margin | 9900 | €27,563 | €37,080 | +€9,517 | +34.5% |
| Operating profit (loss) | 9901 | €4,439 | €17,182 | +€12,743 | +287% |
| Financial income | 75/76B | €1 | €1 | +€0 | +61.3% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +61.3% |
| Financial charges | 65/66B | €289 | €842 | +€553 | +191% |
| Recurring financial charges | 65 | €289 | €842 | +€553 | +191% |
| Profit (loss) for the period before taxes | 9903 | €4,151 | €16,342 | +€12,191 | +294% |
| Income taxes | 67/77 | €2,000 | -€1,095 | -€3,095 | |
| Profit (loss) for the period | 9904 | €2,151 | €17,437 | +€15,286 | +711% |
| Profit (loss) for the period to be appropriated | 9905 | €2,151 | €17,437 | +€15,286 | +711% |
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.