MENPRO GROUP: 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.
MENPRO GROUP
Largest movements
- Current investments +€25,985
new in 2025: €25,985
- Receivables within one year -€8,821
down €8,821 (-37.0%), from €23,829 to €15,008
of which Trade receivables: -€18,053
- Cash +€6,285
up €6,285 (+565%), from €1,112 to €7,397
mainly Receivables within one year (+€8,821) and Net result for the year (+€8,784)
- Tangible fixed assets -€3,542
down €3,542 (-26.2%), from €13,510 to €9,968
of which Furniture and vehicles: -€2,286
- Reserves +€8,783
up €8,783 (+35.3%), from €24,886 to €33,669
- Trade debts +€6,240
up €6,240 (+612%), from €1,019 to €7,259
- Tax, wage and social debts +€5,372
up €5,372 (+35.4%), from €15,178 to €20,550
- Gross operating margin -€22,116
down €22,116 (-51.6%), from €42,895 to €20,779
- Taxes -€4,390
down €4,390 (-47.3%), from €9,280 to €4,890
- Other operating charges -€1,736
down €1,736 (-59.1%), from €2,938 to €1,202
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 | €43,583 | €63,978 | +€20,395 | +46.8% |
| Fixed assets | 21/28 | €18,010 | €14,468 | -€3,542 | -19.7% |
| Tangible fixed assets | 22/27 | €13,510 | €9,968 | -€3,542 | -26.2% |
| Plant, machinery and equipment | 23 | €4,735 | €3,479 | -€1,256 | -26.5% |
| Furniture and vehicles | 24 | €8,775 | €6,489 | -€2,286 | -26.1% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €25,573 | €49,510 | +€23,937 | +93.6% |
| Amounts receivable within one year | 40/41 | €23,829 | €15,008 | -€8,821 | -37.0% |
| Trade receivables | 40 | €23,697 | €5,644 | -€18,053 | -76.2% |
| Other amounts receivable | 41 | €132 | €9,364 | +€9,232 | +6,994% |
| Current investments | 50/53 | - | €25,985 | +€25,985 | |
| Cash at bank and in hand | 54/58 | €1,112 | €7,397 | +€6,285 | +565% |
| Deferred charges and accrued income | 490/1 | €632 | €1,120 | +€488 | +77.2% |
| Total equity and liabilities | 10/49 | €43,583 | €63,978 | +€20,395 | +46.8% |
| Equity | 10/15 | €27,386 | €36,169 | +€8,783 | +32.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €24,886 | €33,669 | +€8,783 | +35.3% |
| Distributable reserves | 133 | €24,886 | €33,669 | +€8,783 | +35.3% |
| Amounts payable | 17/49 | €16,197 | €27,809 | +€11,612 | +71.7% |
| Amounts payable within one year | 42/48 | €16,197 | €27,809 | +€11,612 | +71.7% |
| Trade debts | 44 | €1,019 | €7,259 | +€6,240 | +612% |
| Suppliers | 440/4 | €1,019 | €7,259 | +€6,240 | +612% |
| Taxes, remuneration and social security | 45 | €15,178 | €20,550 | +€5,372 | +35.4% |
| Taxes | 450/3 | €15,178 | €20,550 | +€5,372 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,608 | €5,621 | +€13 | +0.2% |
| Other operating charges | 640/8 | €2,938 | €1,202 | -€1,736 | -59.1% |
| Gross operating margin | 9900 | €42,895 | €20,779 | -€22,116 | -51.6% |
| Operating profit (loss) | 9901 | €34,349 | €13,956 | -€20,393 | -59.4% |
| Financial income | 75/76B | €2 | €55 | +€53 | +2,650% |
| Recurring financial income | 75 | €2 | €55 | +€53 | +2,650% |
| Financial charges | 65/66B | €186 | €337 | +€151 | +81.2% |
| Recurring financial charges | 65 | €186 | €337 | +€151 | +81.2% |
| Profit (loss) for the period before taxes | 9903 | €34,165 | €13,674 | -€20,491 | -60.0% |
| Income taxes | 67/77 | €9,280 | €4,890 | -€4,390 | -47.3% |
| Profit (loss) for the period | 9904 | €24,885 | €8,784 | -€16,101 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,885 | €8,784 | -€16,101 | -64.7% |
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 16 October 2026 via checked.be.