MENTALIES: 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.
MENTALIES
Largest movements
- Current investments +€164,971
up €164,971 (+240.2%), from €68,675 to €233,646
- Cash -€65,786
down €65,786 (-51.2%), from €128,522 to €62,736
mainly Current investments (-€164,971) and Tax, wage and social debts (-€14,308)
- Tangible fixed assets -€11,219
down €11,219 (-62.3%), from €18,020 to €6,801
- Receivables within one year +€4,659
up €4,659 (+13.2%), from €35,214 to €39,873
- Profit (loss) carried forward +€101,851
up €101,851 (+60.8%), from €167,484 to €269,335
- Tax, wage and social debts -€14,308
down €14,308 (-32.1%), from €44,624 to €30,316
- Gross operating margin -€53,718
down €53,718 (-27.3%), from €196,820 to €143,102
- Taxes -€13,270
down €13,270 (-32.1%), from €41,399 to €28,128
- Financial income +€2,514
up €2,514 (+770.2%), from €326 to €2,841
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 | €253,184 | €345,632 | +€92,448 | +36.5% |
| Fixed assets | 21/28 | €18,020 | €6,801 | -€11,219 | -62.3% |
| Tangible fixed assets | 22/27 | €18,020 | €6,801 | -€11,219 | -62.3% |
| Furniture and vehicles | 24 | €18,020 | €6,801 | -€11,219 | -62.3% |
| Current assets | 29/58 | €235,164 | €338,831 | +€103,666 | +44.1% |
| Amounts receivable within one year | 40/41 | €35,214 | €39,873 | +€4,659 | +13.2% |
| Trade receivables | 40 | €35,214 | €39,873 | +€4,659 | +13.2% |
| Current investments | 50/53 | €68,675 | €233,646 | +€164,971 | +240.2% |
| Cash at bank and in hand | 54/58 | €128,522 | €62,736 | -€65,786 | -51.2% |
| Deferred charges and accrued income | 490/1 | €2,754 | €2,576 | -€178 | -6.5% |
| Total equity and liabilities | 10/49 | €253,184 | €345,632 | +€92,448 | +36.5% |
| Equity | 10/15 | €171,484 | €273,335 | +€101,851 | +59.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,484 | €269,335 | +€101,851 | +60.8% |
| Amounts payable | 17/49 | €81,700 | €72,297 | -€9,403 | -11.5% |
| Amounts payable within one year | 42/48 | €81,700 | €72,297 | -€9,403 | -11.5% |
| Trade debts | 44 | €296 | €2,397 | +€2,101 | +709.9% |
| Suppliers | 440/4 | €296 | €2,397 | +€2,101 | +709.9% |
| Taxes, remuneration and social security | 45 | €44,624 | €30,316 | -€14,308 | -32.1% |
| Taxes | 450/3 | €44,624 | €30,316 | -€14,308 | -32.1% |
| Other amounts payable | 47/48 | €36,781 | €39,584 | +€2,803 | +7.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,045 | €12,218 | +€173 | +1.4% |
| Other operating charges | 640/8 | €497 | €512 | +€16 | +3.2% |
| Gross operating margin | 9900 | €196,820 | €143,102 | -€53,718 | -27.3% |
| Operating profit (loss) | 9901 | €184,278 | €130,372 | -€53,906 | -29.3% |
| Financial income | 75/76B | €326 | €2,841 | +€2,514 | +770.2% |
| Recurring financial income | 75 | €326 | €2,841 | +€2,514 | +770.2% |
| Financial charges | 65/66B | €3,308 | €3,234 | -€74 | -2.2% |
| Recurring financial charges | 65 | €3,308 | €3,234 | -€74 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €181,297 | €129,979 | -€51,318 | -28.3% |
| Income taxes | 67/77 | €41,399 | €28,128 | -€13,270 | -32.1% |
| Profit (loss) for the period | 9904 | €139,898 | €101,851 | -€38,047 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €139,898 | €101,851 | -€38,047 | -27.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.