Mentalis: 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.
Mentalis
Largest movements
- Tangible fixed assets -€39,862
down €39,862 (-4.4%), from €909,552 to €869,690
- Reserves +€139,074
up €139,074 (+33.4%), from €415,992 to €555,066
- Debts after one year -€128,439
down €128,439 (-32.2%), from €398,472 to €270,033
- Other debts -€47,059
no longer reported in 2025 (was €47,059)
- Financial income -€65,000
down €65,000 (-28.9%), from €225,000 to €160,000
- Financial charges +€3,416
up €3,416 (+23.0%), from €14,820 to €18,235
- Gross operating margin +€3,264
up €3,264 (+8.6%), from €38,009 to €41,272
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 | €924,216 | €880,621 | -€43,594 | -4.7% |
| Fixed assets | 21/28 | €909,553 | €869,691 | -€39,862 | -4.4% |
| Tangible fixed assets | 22/27 | €909,552 | €869,690 | -€39,862 | -4.4% |
| Land and buildings | 22 | €909,552 | €869,690 | -€39,862 | -4.4% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €14,663 | €10,930 | -€3,732 | -25.5% |
| Amounts receivable within one year | 40/41 | €455 | - | -€455 | |
| Other amounts receivable | 41 | €455 | - | -€455 | |
| Cash at bank and in hand | 54/58 | €13,432 | €10,317 | -€3,115 | -23.2% |
| Deferred charges and accrued income | 490/1 | €775 | €613 | -€162 | -20.9% |
| Total equity and liabilities | 10/49 | €924,216 | €880,621 | -€43,594 | -4.7% |
| Equity | 10/15 | €445,992 | €585,066 | +€139,074 | +31.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €415,992 | €555,066 | +€139,074 | +33.4% |
| Distributable reserves | 133 | €415,992 | €555,066 | +€139,074 | +33.4% |
| Amounts payable | 17/49 | €478,224 | €295,555 | -€182,668 | -38.2% |
| Amounts payable after more than one year | 17 | €398,472 | €270,033 | -€128,439 | -32.2% |
| Financial debts | 170/4 | €398,472 | €270,033 | -€128,439 | -32.2% |
| Amounts payable within one year | 42/48 | €78,852 | €24,622 | -€54,230 | -68.8% |
| Current portion of amounts payable after more than one year | 42 | €31,667 | €23,312 | -€8,354 | -26.4% |
| Trade debts | 44 | €126 | €1,310 | +€1,184 | +939.4% |
| Suppliers | 440/4 | €126 | €1,310 | +€1,184 | +939.4% |
| Other amounts payable | 47/48 | €47,059 | - | -€47,059 | |
| Accrued charges and deferred income | 492/3 | €900 | €900 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,862 | €39,862 | = | 0.0% |
| Other operating charges | 640/8 | €4,092 | €4,101 | +€9 | +0.2% |
| Gross operating margin | 9900 | €38,009 | €41,272 | +€3,264 | +8.6% |
| Operating profit (loss) | 9901 | -€5,945 | -€2,690 | +€3,255 | +54.7% |
| Financial income | 75/76B | €225,000 | €160,000 | -€65,000 | -28.9% |
| Recurring financial income | 75 | €225,000 | €160,000 | -€65,000 | -28.9% |
| Financial charges | 65/66B | €14,820 | €18,235 | +€3,416 | +23.0% |
| Recurring financial charges | 65 | €14,820 | €18,235 | +€3,416 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €204,235 | €139,074 | -€65,161 | -31.9% |
| Profit (loss) for the period | 9904 | €204,235 | €139,074 | -€65,161 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €204,235 | €139,074 | -€65,161 | -31.9% |
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 5 October 2026 via checked.be.