MENGELS TRANSPORT: 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.
MENGELS TRANSPORT
Largest movements
- Tangible fixed assets -€6,916
down €6,916 (-100%), from €6,916 to €0
- Deferred charges and accrued income -€6,410
down €6,410 (-79.5%), from €8,066 to €1,656
- Cash -€4,995
down €4,995 (-45.9%), from €10,882 to €5,887
mainly Contributions, distributions and other (-€28,996) and Tax, wage and social debts (-€24,961)
- Receivables within one year -€3,634
down €3,634 (-1.6%), from €223,302 to €219,668
of which Trade receivables: -€16,346
- Other debts +€28,996
new in 2025: €28,996
- Tax, wage and social debts -€24,961
down €24,961 (-91.4%), from €27,308 to €2,347
of which Taxes: -€22,161
- Reserves -€16,935
down €16,935 (-8.9%), from €190,002 to €173,067
- Current portion of long-term debt -€7,073
down €7,073 (-100%), from €7,073 to €0
- Gross operating margin -€5,495
down €5,495 (-14.0%), from €39,358 to €33,863
- Depreciation -€3,826
down €3,826 (-35.6%), from €10,742 to €6,916
- Taxes -€899
down €899 (-14.5%), from €6,193 to €5,294
- Financial charges +€857
up €857 (+31.5%), from €2,720 to €3,576
- Financial income -€548
down €548 (-4.8%), from €11,411 to €10,863
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 | €251,626 | €229,670 | -€21,956 | -8.7% |
| Fixed assets | 21/28 | €9,376 | €2,460 | -€6,916 | -73.8% |
| Tangible fixed assets | 22/27 | €6,916 | €0 | -€6,916 | -100% |
| Furniture and vehicles | 24 | €6,916 | €0 | -€6,916 | -100% |
| Financial fixed assets | 28 | €2,460 | €2,460 | = | 0.0% |
| Current assets | 29/58 | €242,250 | €227,210 | -€15,040 | -6.2% |
| Amounts receivable within one year | 40/41 | €223,302 | €219,668 | -€3,634 | -1.6% |
| Trade receivables | 40 | €28,198 | €11,852 | -€16,346 | -58.0% |
| Other amounts receivable | 41 | €195,104 | €207,815 | +€12,712 | +6.5% |
| Cash at bank and in hand | 54/58 | €10,882 | €5,887 | -€4,995 | -45.9% |
| Deferred charges and accrued income | 490/1 | €8,066 | €1,656 | -€6,410 | -79.5% |
| Total equity and liabilities | 10/49 | €251,626 | €229,670 | -€21,956 | -8.7% |
| Equity | 10/15 | €196,450 | €179,515 | -€16,935 | -8.6% |
| Contributions | 10/11 | €6,448 | €6,448 | = | 0.0% |
| Reserves | 13 | €190,002 | €173,067 | -€16,935 | -8.9% |
| Distributable reserves | 133 | €190,002 | €173,067 | -€16,935 | -8.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €55,176 | €50,156 | -€5,021 | -9.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €55,176 | €50,156 | -€5,021 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €7,073 | €0 | -€7,073 | -100% |
| Financial debts | 43 | €1 | €0 | -€1 | -100% |
| Credit institutions | 430/8 | €1 | €0 | -€1 | -100% |
| Trade debts | 44 | €20,794 | €18,813 | -€1,981 | -9.5% |
| Suppliers | 440/4 | €20,794 | €18,813 | -€1,981 | -9.5% |
| Taxes, remuneration and social security | 45 | €27,308 | €2,347 | -€24,961 | -91.4% |
| Taxes | 450/3 | €23,308 | €1,147 | -€22,161 | -95.1% |
| Remuneration and social security | 454/9 | €4,000 | €1,200 | -€2,800 | -70.0% |
| Other amounts payable | 47/48 | - | €28,996 | +€28,996 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,742 | €6,916 | -€3,826 | -35.6% |
| Other operating charges | 640/8 | €17,320 | €16,879 | -€441 | -2.5% |
| Gross operating margin | 9900 | €39,358 | €33,863 | -€5,495 | -14.0% |
| Operating profit (loss) | 9901 | €11,297 | €10,068 | -€1,229 | -10.9% |
| Financial income | 75/76B | €11,411 | €10,863 | -€548 | -4.8% |
| Recurring financial income | 75 | €11,411 | €10,863 | -€548 | -4.8% |
| Financial charges | 65/66B | €2,720 | €3,576 | +€857 | +31.5% |
| Recurring financial charges | 65 | €2,720 | €3,576 | +€857 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €19,989 | €17,355 | -€2,634 | -13.2% |
| Income taxes | 67/77 | €6,193 | €5,294 | -€899 | -14.5% |
| Profit (loss) for the period | 9904 | €13,795 | €12,060 | -€1,735 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,795 | €12,060 | -€1,735 | -12.6% |
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 28 October 2026 via checked.be.