MENTAS: 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.
MENTAS
Largest movements
- Receivables after one year +€32,787
up €32,787 (+2.8%), from €1.2m to €1.2m
- Tangible fixed assets -€32,673
down €32,673 (-6.7%), from €490,225 to €457,552
- Trade debts +€24,012
up €24,012 (+906%), from €2,649 to €26,662
- Gross operating margin -€8,380
down €8,380, from €1,888 to -€6,492
- Financial income +€3,462
up €3,462 (+9.5%), from €36,551 to €40,014
- Financial charges +€151
up €151 (+2.4%), from €6,320 to €6,472
- Other operating charges +€122
up €122 (+3.4%), from €3,596 to €3,719
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 | €1,691,137 | €1,692,096 | +€959 | +0.1% |
| Fixed assets | 21/28 | €490,299 | €457,626 | -€32,673 | -6.7% |
| Tangible fixed assets | 22/27 | €490,225 | €457,552 | -€32,673 | -6.7% |
| Land and buildings | 22 | €490,225 | €457,552 | -€32,673 | -6.7% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €1,200,837 | €1,234,470 | +€33,633 | +2.8% |
| Amounts receivable after more than one year | 29 | €1,183,423 | €1,216,210 | +€32,787 | +2.8% |
| Trade receivables | 290 | €1,183,423 | €1,216,210 | +€32,787 | +2.8% |
| Cash at bank and in hand | 54/58 | €1,080 | €938 | -€142 | -13.2% |
| Deferred charges and accrued income | 490/1 | €16,334 | €17,322 | +€988 | +6.0% |
| Total equity and liabilities | 10/49 | €1,691,137 | €1,692,096 | +€959 | +0.1% |
| Equity | 10/15 | €1,327,219 | €1,317,876 | -€9,343 | -0.7% |
| Contributions | 10/11 | €1,487,750 | €1,487,750 | = | 0.0% |
| Capital | 10 | €1,487,750 | €1,487,750 | = | 0.0% |
| Issued capital | 100 | €1,487,750 | €1,487,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,531 | -€169,874 | -€9,343 | -5.8% |
| Amounts payable | 17/49 | €363,918 | €374,220 | +€10,302 | +2.8% |
| Amounts payable after more than one year | 17 | €311,000 | €311,000 | = | 0.0% |
| Financial debts | 170/4 | €311,000 | €311,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,124 | €50,780 | +€14,656 | +40.6% |
| Trade debts | 44 | €2,649 | €26,662 | +€24,012 | +906% |
| Suppliers | 440/4 | €2,649 | €26,662 | +€24,012 | +906% |
| Taxes, remuneration and social security | 45 | €1,866 | - | -€1,866 | |
| Taxes | 450/3 | €1,866 | - | -€1,866 | |
| Other amounts payable | 47/48 | €31,608 | €24,118 | -€7,490 | -23.7% |
| Accrued charges and deferred income | 492/3 | €16,794 | €12,440 | -€4,354 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,673 | €32,673 | = | 0.0% |
| Other operating charges | 640/8 | €3,596 | €3,719 | +€122 | +3.4% |
| Gross operating margin | 9900 | €1,888 | -€6,492 | -€8,380 | |
| Operating profit (loss) | 9901 | -€34,382 | -€42,884 | -€8,502 | -24.7% |
| Financial income | 75/76B | €36,551 | €40,014 | +€3,462 | +9.5% |
| Recurring financial income | 75 | €36,551 | €40,014 | +€3,462 | +9.5% |
| Financial charges | 65/66B | €6,320 | €6,472 | +€151 | +2.4% |
| Recurring financial charges | 65 | €6,320 | €6,472 | +€151 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,151 | -€9,342 | -€5,191 | -125% |
| Income taxes | 67/77 | €1 | €1 | +€1 | +92.6% |
| Profit (loss) for the period | 9904 | -€4,151 | -€9,343 | -€5,192 | -125% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,151 | -€9,343 | -€5,192 | -125% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.