MENGIRA: 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.
MENGIRA
Largest movements
- Deferred charges and accrued income -€47,435
down €47,435 (-90.8%), from €52,227 to €4,792
- Receivables within one year +€19,630
up €19,630 (+169%), from €11,582 to €31,212
of which Trade receivables: +€10,499
- Tangible fixed assets -€4,774
down €4,774 (-42.7%), from €11,172 to €6,399
of which Other tangible fixed assets: -€2,406
- Profit (loss) carried forward -€26,962
down €26,962 (-123%), from -€21,855 to -€48,816
- Other debts -€3,308
down €3,308 (-8.9%), from €37,247 to €33,939
- Tax, wage and social debts -€2,613
down €2,613 (-36.7%), from €7,115 to €4,502
- Trade debts -€2,287
down €2,287 (-23.8%), from €9,594 to €7,308
- Short-term financial debts +€1,508
up €1,508 (+117%), from €1,286 to €2,794
- Gross operating margin -€60,290
down €60,290, from €42,173 to -€18,117
- Financial charges -€34,187
down €34,187 (-89.1%), from €38,351 to €4,165
- Taxes -€701
down €701 (-69.2%), from €1,014 to €312
- Financial income +€687
up €687 (+1,374,560%), from €0 to €687
of which Non-recurring financial income: +€687
- Other operating charges +€607
up €607 (+31.4%), from €1,934 to €2,542
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,981 | €42,403 | -€32,578 | -43.4% |
| Fixed assets | 21/28 | €11,172 | €6,399 | -€4,774 | -42.7% |
| Tangible fixed assets | 22/27 | €11,172 | €6,399 | -€4,774 | -42.7% |
| Furniture and vehicles | 24 | €7,798 | €5,430 | -€2,368 | -30.4% |
| Other tangible fixed assets | 26 | €3,374 | €968 | -€2,406 | -71.3% |
| Current assets | 29/58 | €63,809 | €36,004 | -€27,805 | -43.6% |
| Amounts receivable within one year | 40/41 | €11,582 | €31,212 | +€19,630 | +169% |
| Trade receivables | 40 | €11,582 | €22,081 | +€10,499 | +90.6% |
| Other amounts receivable | 41 | €0 | €9,130 | +€9,130 | |
| Deferred charges and accrued income | 490/1 | €52,227 | €4,792 | -€47,435 | -90.8% |
| Total equity and liabilities | 10/49 | €74,981 | €42,403 | -€32,578 | -43.4% |
| Equity | 10/15 | €19,739 | -€7,223 | -€26,962 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,393 | €35,393 | = | 0.0% |
| Distributable reserves | 133 | €35,393 | €35,393 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,855 | -€48,816 | -€26,962 | -123% |
| Amounts payable | 17/49 | €55,242 | €49,625 | -€5,617 | -10.2% |
| Amounts payable within one year | 42/48 | €55,242 | €48,542 | -€6,700 | -12.1% |
| Financial debts | 43 | €1,286 | €2,794 | +€1,508 | +117% |
| Credit institutions | 430/8 | €1,286 | €2,794 | +€1,508 | +117% |
| Trade debts | 44 | €9,594 | €7,308 | -€2,287 | -23.8% |
| Suppliers | 440/4 | €9,594 | €7,308 | -€2,287 | -23.8% |
| Taxes, remuneration and social security | 45 | €7,115 | €4,502 | -€2,613 | -36.7% |
| Taxes | 450/3 | €7,115 | €4,502 | -€2,613 | -36.7% |
| Other amounts payable | 47/48 | €37,247 | €33,939 | -€3,308 | -8.9% |
| Accrued charges and deferred income | 492/3 | €0 | €1,083 | +€1,083 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,700 | €2,513 | -€187 | -6.9% |
| Other operating charges | 640/8 | €1,934 | €2,542 | +€607 | +31.4% |
| Gross operating margin | 9900 | €42,173 | -€18,117 | -€60,290 | |
| Operating profit (loss) | 9901 | €37,538 | -€23,172 | -€60,710 | |
| Financial income | 75/76B | €0 | €687 | +€687 | +1,374,560% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Non-recurring financial income | 76B | - | €687 | +€687 | |
| Financial charges | 65/66B | €38,351 | €4,165 | -€34,187 | -89.1% |
| Recurring financial charges | 65 | €38,351 | €4,165 | -€34,187 | -89.1% |
| Profit (loss) for the period before taxes | 9903 | -€813 | -€26,649 | -€25,836 | -3,178% |
| Income taxes | 67/77 | €1,014 | €312 | -€701 | -69.2% |
| Profit (loss) for the period | 9904 | -€1,827 | -€26,962 | -€25,135 | -1,376% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,827 | -€26,962 | -€25,135 | -1,376% |
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 16 October 2026 via checked.be.