MenT Group: what changed
Two fiscal 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.
MenT Group
Largest movements
- Intangible fixed assets +€488,923
new in 2024: €488,923
- Financial fixed assets -€254,492
no longer reported in 2024 (was €254,492)
- Receivables within one year +€102,099
up €102,099 (+139.5%), from €73,204 to €175,303
of which Trade receivables: +€53,813
- Tangible fixed assets +€6,978
new in 2024: €6,978
of which Furniture and vehicles: +€4,251
- Debts after one year +€261,657
up €261,657 (+871.2%), from €30,033 to €291,690
- Trade debts +€104,183
up €104,183 (+4283.9%), from €2,432 to €106,615
- Tax, wage and social debts +€60,797
up €60,797 (+3147.2%), from €1,932 to €62,729
of which Taxes: +€43,803
- Other debts -€57,487
down €57,487 (-46.0%), from €125,092 to €67,604
- Profit (loss) carried forward -€26,969
down €26,969 (-41.1%), from -€65,608 to -€92,577
- Staff costs +€869,435
new in 2024: €869,435
- Gross operating margin +€739,578
up €739,578 (+500.3%), from €147,819 to €887,397
- Financial income -€77,294
down €77,294 (-100.0%), from €77,312 to €18
of which Non-recurring financial income: -€77,030
- Financial charges -€67,256
down €67,256 (-78.4%), from €85,841 to €18,584
of which Non-recurring financial charges: -€77,030
- Other operating charges +€20,312
up €20,312 (+4518.7%), from €450 to €20,761
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,981 | €672,311 | +€344,330 | +105.0% |
| Fixed assets | 21/28 | €254,492 | €495,901 | +€241,409 | +94.9% |
| Intangible fixed assets | 21 | - | €488,923 | +€488,923 | |
| Tangible fixed assets | 22/27 | - | €6,978 | +€6,978 | |
| Plant, machinery and equipment | 23 | - | €2,727 | +€2,727 | |
| Furniture and vehicles | 24 | - | €4,251 | +€4,251 | |
| Financial fixed assets | 28 | €254,492 | - | -€254,492 | |
| Current assets | 29/58 | €73,489 | €176,410 | +€102,921 | +140.0% |
| Amounts receivable within one year | 40/41 | €73,204 | €175,303 | +€102,099 | +139.5% |
| Trade receivables | 40 | €72,001 | €125,814 | +€53,813 | +74.7% |
| Other amounts receivable | 41 | €1,203 | €49,488 | +€48,286 | +4014.6% |
| Cash at bank and in hand | 54/58 | €3 | €1,108 | +€1,105 | +37067.8% |
| Deferred charges and accrued income | 490/1 | €282 | - | -€282 | |
| Total equity and liabilities | 10/49 | €327,981 | €672,311 | +€344,330 | +105.0% |
| Equity | 10/15 | €44,392 | €17,423 | -€26,969 | -60.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,608 | -€92,577 | -€26,969 | -41.1% |
| Amounts payable | 17/49 | €283,589 | €654,889 | +€371,299 | +130.9% |
| Amounts payable after more than one year | 17 | €30,033 | €291,690 | +€261,657 | +871.2% |
| Financial debts | 170/4 | €30,033 | €291,690 | +€261,657 | +871.2% |
| Amounts payable within one year | 42/48 | €246,398 | €363,199 | +€116,800 | +47.4% |
| Current portion of amounts payable after more than one year | 42 | €16,068 | €17,469 | +€1,401 | +8.7% |
| Financial debts | 43 | €100,874 | €108,781 | +€7,906 | +7.8% |
| Credit institutions | 430/8 | €100,874 | €108,781 | +€7,906 | +7.8% |
| Trade debts | 44 | €2,432 | €106,615 | +€104,183 | +4283.9% |
| Suppliers | 440/4 | €2,432 | €106,615 | +€104,183 | +4283.9% |
| Taxes, remuneration and social security | 45 | €1,932 | €62,729 | +€60,797 | +3147.2% |
| Taxes | 450/3 | €1,932 | €45,735 | +€43,803 | +2267.5% |
| Remuneration and social security | 454/9 | - | €16,994 | +€16,994 | |
| Other amounts payable | 47/48 | €125,092 | €67,604 | -€57,487 | -46.0% |
| Accrued charges and deferred income | 492/3 | €7,158 | - | -€7,158 | |
| Non-recurring operating income | 76A | €115,332 | - | -€115,332 | |
| Remuneration, social security and pensions | 62 | - | €869,435 | +€869,435 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,212 | +€5,212 | |
| Other operating charges | 640/8 | €450 | €20,761 | +€20,312 | +4518.7% |
| Non-recurring operating charges | 66A | €121,885 | - | -€121,885 | |
| Gross operating margin | 9900 | €147,819 | €887,397 | +€739,578 | +500.3% |
| Operating profit (loss) | 9901 | €25,484 | -€8,012 | -€33,496 | |
| Financial income | 75/76B | €77,312 | €18 | -€77,294 | -100.0% |
| Recurring financial income | 75 | €282 | €18 | -€264 | -93.6% |
| Non-recurring financial income | 76B | €77,030 | - | -€77,030 | |
| Financial charges | 65/66B | €85,841 | €18,584 | -€67,256 | -78.4% |
| Recurring financial charges | 65 | €8,810 | €18,584 | +€9,774 | +110.9% |
| Non-recurring financial charges | 66B | €77,030 | - | -€77,030 | |
| Profit (loss) for the period before taxes | 9903 | €16,956 | -€26,578 | -€43,534 | |
| Income taxes | 67/77 | - | €391 | +€391 | |
| Profit (loss) for the period | 9904 | €16,956 | -€26,969 | -€43,925 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,956 | -€26,969 | -€43,925 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.