MenS: 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.
MenS
Largest movements
- Tangible fixed assets -€8,886
down €8,886 (-1.3%), from €668,654 to €659,768
of which Land and buildings: -€11,204
- Debts after one year -€9,169
down €9,169 (-1.8%), from €510,476 to €501,307
- Reserves +€7,006
up €7,006 (+84.8%), from €8,265 to €15,271
- Gross operating margin +€2,953
up €2,953 (+6.1%), from €48,786 to €51,738
- Depreciation +€2,859
up €2,859 (+13.1%), from €21,809 to €24,669
- Other operating charges +€799
up €799 (+1288.9%), from €62 to €861
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.
Cash bridge derived
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 | €679,545 | €679,007 | -€538 | -0.1% |
| Fixed assets | 21/28 | €668,654 | €659,768 | -€8,886 | -1.3% |
| Tangible fixed assets | 22/27 | €668,654 | €659,768 | -€8,886 | -1.3% |
| Land and buildings | 22 | €646,081 | €634,877 | -€11,204 | -1.7% |
| Plant, machinery and equipment | 23 | €20,115 | €19,754 | -€361 | -1.8% |
| Furniture and vehicles | 24 | €2,457 | €5,136 | +€2,679 | +109.0% |
| Current assets | 29/58 | €10,891 | €19,239 | +€8,348 | +76.7% |
| Amounts receivable within one year | 40/41 | €10,726 | €17,426 | +€6,700 | +62.5% |
| Trade receivables | 40 | €10,726 | €17,426 | +€6,700 | +62.5% |
| Cash at bank and in hand | 54/58 | €165 | €1,814 | +€1,648 | +998.2% |
| Total equity and liabilities | 10/49 | €679,545 | €679,007 | -€538 | -0.1% |
| Equity | 10/15 | €78,265 | €85,271 | +€7,006 | +9.0% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €8,265 | €15,271 | +€7,006 | +84.8% |
| Distributable reserves | 133 | €8,265 | €15,271 | +€7,006 | +84.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €601,280 | €593,736 | -€7,543 | -1.3% |
| Amounts payable after more than one year | 17 | €510,476 | €501,307 | -€9,169 | -1.8% |
| Financial debts | 170/4 | €510,476 | €501,307 | -€9,169 | -1.8% |
| Amounts payable within one year | 42/48 | €90,803 | €92,429 | +€1,626 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €22,797 | €26,071 | +€3,274 | +14.4% |
| Trade debts | 44 | €274 | €250 | -€24 | -8.8% |
| Suppliers | 440/4 | €274 | €250 | -€24 | -8.8% |
| Taxes, remuneration and social security | 45 | €2,066 | €2,086 | +€19 | +0.9% |
| Taxes | 450/3 | €2,066 | €2,086 | +€19 | +0.9% |
| Other amounts payable | 47/48 | €65,666 | €64,022 | -€1,643 | -2.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,809 | €24,669 | +€2,859 | +13.1% |
| Other operating charges | 640/8 | €62 | €861 | +€799 | +1288.9% |
| Gross operating margin | 9900 | €48,786 | €51,738 | +€2,953 | +6.1% |
| Operating profit (loss) | 9901 | €26,914 | €26,209 | -€706 | -2.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €17,370 | €17,526 | +€157 | +0.9% |
| Recurring financial charges | 65 | €17,370 | €17,526 | +€157 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €9,544 | €8,682 | -€862 | -9.0% |
| Income taxes | 67/77 | €1,909 | €1,677 | -€232 | -12.2% |
| Profit (loss) for the period | 9904 | €7,636 | €7,006 | -€630 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,636 | €7,006 | -€630 | -8.3% |
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 9 October 2026 via checked.be.