Mendolia Horeca: 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.
Mendolia Horeca
Largest movements
- Intangible fixed assets -€21,875
down €21,875 (-50.0%), from €43,750 to €21,875
- Cash -€14,853
down €14,853 (-35.6%), from €41,736 to €26,883
mainly Debts after one year (-€30,680) and Trade debts (-€14,223)
- Tangible fixed assets -€9,822
down €9,822 (-18.3%), from €53,649 to €43,827
of which Plant, machinery and equipment: -€8,659
- Receivables within one year +€6,571
up €6,571 (+13.8%), from €47,648 to €54,220
of which Other amounts receivable: +€24,221
- Debts after one year -€30,680
down €30,680 (-67.4%), from €45,520 to €14,840
- Trade debts -€14,223
down €14,223 (-40.1%), from €35,462 to €21,238
- Tax, wage and social debts +€8,996
up €8,996 (+153%), from €5,863 to €14,860
of which Remuneration and social security: +€10,874
- Other debts -€7,729
down €7,729 (-67.8%), from €11,399 to €3,670
- Reserves +€5,780
up €5,780 (+5.9%), from €98,539 to €104,319
of which Distributable reserves: +€5,780
- Gross operating margin -€28,141
down €28,141 (-27.2%), from €103,569 to €75,428
- Taxes -€2,830
down €2,830 (-79.6%), from €3,554 to €724
- Staff costs +€2,120
up €2,120 (+6.6%), from €32,077 to €34,197
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 | €254,243 | €211,987 | -€42,255 | -16.6% |
| Fixed assets | 21/28 | €97,399 | €65,702 | -€31,697 | -32.5% |
| Intangible fixed assets | 21 | €43,750 | €21,875 | -€21,875 | -50.0% |
| Tangible fixed assets | 22/27 | €53,649 | €43,827 | -€9,822 | -18.3% |
| Plant, machinery and equipment | 23 | €47,147 | €38,488 | -€8,659 | -18.4% |
| Furniture and vehicles | 24 | €1,950 | €1,137 | -€813 | -41.7% |
| Other tangible fixed assets | 26 | €4,552 | €4,202 | -€350 | -7.7% |
| Current assets | 29/58 | €156,844 | €146,285 | -€10,558 | -6.7% |
| Stocks and contracts in progress | 3 | €7,500 | €7,500 | = | 0.0% |
| Stocks | 30/36 | €7,500 | €7,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,648 | €54,220 | +€6,571 | +13.8% |
| Trade receivables | 40 | €41,326 | €23,676 | -€17,650 | -42.7% |
| Other amounts receivable | 41 | €6,322 | €30,543 | +€24,221 | +383% |
| Current investments | 50/53 | €59,918 | €57,424 | -€2,493 | -4.2% |
| Cash at bank and in hand | 54/58 | €41,736 | €26,883 | -€14,853 | -35.6% |
| Deferred charges and accrued income | 490/1 | €42 | €258 | +€216 | +513% |
| Total equity and liabilities | 10/49 | €254,243 | €211,987 | -€42,255 | -16.6% |
| Equity | 10/15 | €120,885 | €126,665 | +€5,780 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,539 | €104,319 | +€5,780 | +5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €96,679 | €102,459 | +€5,780 | +6.0% |
| Profit (loss) carried forward | 14 | €3,746 | €3,746 | = | 0.0% |
| Amounts payable | 17/49 | €133,357 | €85,322 | -€48,035 | -36.0% |
| Amounts payable after more than one year | 17 | €45,520 | €14,840 | -€30,680 | -67.4% |
| Financial debts | 170/4 | €45,520 | €14,840 | -€30,680 | -67.4% |
| Amounts payable within one year | 42/48 | €87,837 | €70,482 | -€17,355 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €35,113 | €30,715 | -€4,399 | -12.5% |
| Trade debts | 44 | €35,462 | €21,238 | -€14,223 | -40.1% |
| Suppliers | 440/4 | €35,462 | €21,238 | -€14,223 | -40.1% |
| Taxes, remuneration and social security | 45 | €5,863 | €14,860 | +€8,996 | +153% |
| Taxes | 450/3 | €3,214 | €1,336 | -€1,878 | -58.4% |
| Remuneration and social security | 454/9 | €2,649 | €13,523 | +€10,874 | +411% |
| Other amounts payable | 47/48 | €11,399 | €3,670 | -€7,729 | -67.8% |
| Remuneration, social security and pensions | 62 | €32,077 | €34,197 | +€2,120 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,667 | €31,697 | +€1,030 | +3.4% |
| Other operating charges | 640/8 | €1,042 | €1,342 | +€300 | +28.7% |
| Gross operating margin | 9900 | €103,569 | €75,428 | -€28,141 | -27.2% |
| Operating profit (loss) | 9901 | €39,783 | €8,192 | -€31,591 | -79.4% |
| Financial income | 75/76B | €388 | €406 | +€18 | +4.6% |
| Recurring financial income | 75 | €388 | €406 | +€18 | +4.6% |
| Financial charges | 65/66B | €2,426 | €2,094 | -€332 | -13.7% |
| Recurring financial charges | 65 | €2,426 | €2,094 | -€332 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €37,745 | €6,504 | -€31,241 | -82.8% |
| Income taxes | 67/77 | €3,554 | €724 | -€2,830 | -79.6% |
| Profit (loss) for the period | 9904 | €34,190 | €5,780 | -€28,411 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,190 | €5,780 | -€28,411 | -83.1% |
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 18 October 2026 via checked.be.