MENHIR TECHNOLOGIES: 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.
MENHIR TECHNOLOGIES
Largest movements
- Receivables within one year -€1,994
down €1,994 (-97.9%), from €2,036 to €42
- Current investments +€1,659
up €1,659 (+2.6%), from €63,256 to €64,915
- Cash -€1,589
down €1,589 (-10.4%), from €15,231 to €13,642
mainly Net result for the year (-€4,610) and Current investments (-€1,659)
- Profit (loss) carried forward -€4,610
down €4,610 (-9.9%), from -€46,652 to -€51,261
- Revaluation surpluses +€2,205
up €2,205 (+13.5%), from €16,299 to €18,504
- Other operating charges -€1,062
no longer reported in 2025 (was €1,062)
- Gross operating margin -€148
down €148 (-3.9%), from -€3,743 to -€3,890
- Financial charges +€50
up €50 (+6.1%), from €810 to €860
- Financial income +€43
up €43 (+43.4%), from €98 to €141
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 | €125,256 | €123,332 | -€1,924 | -1.5% |
| Fixed assets | 21/28 | €44,733 | €44,733 | = | 0.0% |
| Financial fixed assets | 28 | €44,733 | €44,733 | = | 0.0% |
| Current assets | 29/58 | €80,523 | €78,599 | -€1,924 | -2.4% |
| Amounts receivable within one year | 40/41 | €2,036 | €42 | -€1,994 | -97.9% |
| Other amounts receivable | 41 | €2,036 | €42 | -€1,994 | -97.9% |
| Current investments | 50/53 | €63,256 | €64,915 | +€1,659 | +2.6% |
| Cash at bank and in hand | 54/58 | €15,231 | €13,642 | -€1,589 | -10.4% |
| Total equity and liabilities | 10/49 | €125,256 | €123,332 | -€1,924 | -1.5% |
| Equity | 10/15 | €123,647 | €121,243 | -€2,404 | -1.9% |
| Contributions | 10/11 | €153,700 | €153,700 | = | 0.0% |
| Revaluation surpluses | 12 | €16,299 | €18,504 | +€2,205 | +13.5% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Tax-exempt reserves | 132 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,652 | -€51,261 | -€4,610 | -9.9% |
| Amounts payable | 17/49 | €1,609 | €2,090 | +€480 | +29.8% |
| Amounts payable within one year | 42/48 | €1,609 | €2,090 | +€480 | +29.8% |
| Trade debts | 44 | - | €480 | +€480 | |
| Suppliers | 440/4 | - | €480 | +€480 | |
| Other amounts payable | 47/48 | €1,609 | €1,609 | = | 0.0% |
| Other operating charges | 640/8 | €1,062 | - | -€1,062 | |
| Gross operating margin | 9900 | -€3,743 | -€3,890 | -€148 | -3.9% |
| Operating profit (loss) | 9901 | -€4,805 | -€3,890 | +€915 | +19.0% |
| Financial income | 75/76B | €98 | €141 | +€43 | +43.4% |
| Recurring financial income | 75 | €98 | €141 | +€43 | +43.4% |
| Financial charges | 65/66B | €810 | €860 | +€50 | +6.1% |
| Recurring financial charges | 65 | €810 | €860 | +€50 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,517 | -€4,610 | +€907 | +16.4% |
| Profit (loss) for the period | 9904 | -€5,517 | -€4,610 | +€907 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,517 | -€4,610 | +€907 | +16.4% |
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 14 October 2026 via checked.be.