MENGAL & Co: 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.
MENGAL & Co
Largest movements
- Receivables within one year -€19,584
down €19,584 (-84.8%), from €23,084 to €3,500
of which Trade receivables: -€17,750
- Tangible fixed assets -€7,269
down €7,269 (-14.6%), from €49,812 to €42,543
of which Furniture and vehicles: -€10,255
- Cash -€4,511
down €4,511 (-39.7%), from €11,370 to €6,859
mainly Other debts (-€32,356) and Tax, wage and social debts (-€17,050)
- Other debts -€32,356
down €32,356 (-67.8%), from €47,745 to €15,389
- Tax, wage and social debts -€17,050
down €17,050 (-81.7%), from €20,866 to €3,817
of which Taxes: -€13,994
- Reserves +€15,006
up €15,006 (+26.8%), from €56,063 to €71,069
- Profit (loss) carried forward +€9,638
no longer reported in 2025 (was -€9,638)
- Debts after one year -€7,644
down €7,644 (-33.3%), from €22,986 to €15,341
- Gross operating margin -€31,968
down €31,968 (-38.7%), from €82,513 to €50,545
- Taxes -€11,858
down €11,858 (-50.6%), from €23,416 to €11,558
- Depreciation +€8,895
up €8,895 (+520%), from €1,712 to €10,607
- Financial charges +€1,648
up €1,648 (+420%), from €393 to €2,041
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 | €151,631 | €119,955 | -€31,675 | -20.9% |
| Fixed assets | 21/28 | €114,812 | €107,543 | -€7,269 | -6.3% |
| Tangible fixed assets | 22/27 | €49,812 | €42,543 | -€7,269 | -14.6% |
| Furniture and vehicles | 24 | €49,812 | €39,557 | -€10,255 | -20.6% |
| Other tangible fixed assets | 26 | - | €2,986 | +€2,986 | |
| Financial fixed assets | 28 | €65,000 | €65,000 | = | 0.0% |
| Current assets | 29/58 | €36,819 | €12,412 | -€24,407 | -66.3% |
| Amounts receivable within one year | 40/41 | €23,084 | €3,500 | -€19,584 | -84.8% |
| Trade receivables | 40 | €21,250 | €3,500 | -€17,750 | -83.5% |
| Other amounts receivable | 41 | €1,834 | - | -€1,834 | |
| Cash at bank and in hand | 54/58 | €11,370 | €6,859 | -€4,511 | -39.7% |
| Deferred charges and accrued income | 490/1 | €2,364 | €2,053 | -€311 | -13.2% |
| Total equity and liabilities | 10/49 | €151,631 | €119,955 | -€31,675 | -20.9% |
| Equity | 10/15 | €52,626 | €77,270 | +€24,644 | +46.8% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Reserves | 13 | €56,063 | €71,069 | +€15,006 | +26.8% |
| Distributable reserves | 133 | €56,063 | €71,069 | +€15,006 | +26.8% |
| Profit (loss) carried forward | 14 | -€9,638 | - | +€9,638 | |
| Amounts payable | 17/49 | €99,004 | €42,685 | -€56,319 | -56.9% |
| Amounts payable after more than one year | 17 | €22,986 | €15,341 | -€7,644 | -33.3% |
| Financial debts | 170/4 | €22,986 | €15,341 | -€7,644 | -33.3% |
| Amounts payable within one year | 42/48 | €76,019 | €27,344 | -€48,675 | -64.0% |
| Current portion of amounts payable after more than one year | 42 | €7,408 | €7,644 | +€237 | +3.2% |
| Trade debts | 44 | - | €494 | +€494 | |
| Suppliers | 440/4 | - | €494 | +€494 | |
| Taxes, remuneration and social security | 45 | €20,866 | €3,817 | -€17,050 | -81.7% |
| Taxes | 450/3 | €16,811 | €2,817 | -€13,994 | -83.2% |
| Remuneration and social security | 454/9 | €4,055 | €1,000 | -€3,055 | -75.3% |
| Other amounts payable | 47/48 | €47,745 | €15,389 | -€32,356 | -67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,712 | €10,607 | +€8,895 | +520% |
| Other operating charges | 640/8 | €929 | €1,695 | +€766 | +82.5% |
| Gross operating margin | 9900 | €82,513 | €50,545 | -€31,968 | -38.7% |
| Operating profit (loss) | 9901 | €79,872 | €38,243 | -€41,629 | -52.1% |
| Financial charges | 65/66B | €393 | €2,041 | +€1,648 | +420% |
| Recurring financial charges | 65 | €393 | €2,041 | +€1,648 | +420% |
| Profit (loss) for the period before taxes | 9903 | €79,479 | €36,202 | -€43,277 | -54.5% |
| Income taxes | 67/77 | €23,416 | €11,558 | -€11,858 | -50.6% |
| Profit (loss) for the period | 9904 | €56,063 | €24,644 | -€31,419 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,063 | €24,644 | -€31,419 | -56.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.