MENTIS: 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.
MENTIS
Largest movements
- Financial fixed assets -€41,280
down €41,280 (-87.4%), from €47,205 to €5,925
- Cash +€35,444
new in 2024: €35,444
mainly Depreciation (+€107,882) and Trade debts (+€87,496)
- Intangible fixed assets -€32,802
down €32,802 (-12.4%), from €264,946 to €232,145
- Receivables within one year -€21,753
down €21,753 (-5.4%), from €399,605 to €377,852
of which Trade receivables: -€54,448
- Deferred charges and accrued income -€12,032
down €12,032 (-98.2%), from €12,250 to €217
- Profit (loss) carried forward -€183,882
down €183,882 (-36.0%), from €511,193 to €327,311
- Trade debts +€87,496
up €87,496 (+126%), from €69,408 to €156,903
- Tax, wage and social debts +€44,196
up €44,196 (+71.5%), from €61,847 to €106,043
of which Remuneration and social security: +€54,621
- Short-term financial debts -€21,183
no longer reported in 2024 (was €21,183)
- Accrued charges and deferred income -€9,384
down €9,384 (-99.5%), from €9,433 to €48
- Gross operating margin -€215,876
down €215,876 (-27.3%), from €789,343 to €573,467
- Staff costs -€112,755
down €112,755 (-18.7%), from €603,403 to €490,647
- Financial charges +€35,433
up €35,433 (+661%), from €5,359 to €40,792
of which Non-recurring financial charges: +€36,355
- Other operating charges +€33,498
up €33,498 (+282%), from €11,878 to €45,377
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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €741,263 | €658,506 | -€82,758 | -11.2% |
| Fixed assets | 21/28 | €329,409 | €244,993 | -€84,416 | -25.6% |
| Intangible fixed assets | 21 | €264,946 | €232,145 | -€32,802 | -12.4% |
| Tangible fixed assets | 22/27 | €17,258 | €6,923 | -€10,335 | -59.9% |
| Furniture and vehicles | 24 | €13,137 | €6,923 | -€6,214 | -47.3% |
| Other tangible fixed assets | 26 | €4,121 | - | -€4,121 | |
| Financial fixed assets | 28 | €47,205 | €5,925 | -€41,280 | -87.4% |
| Current assets | 29/58 | €411,855 | €413,513 | +€1,658 | +0.4% |
| Amounts receivable within one year | 40/41 | €399,605 | €377,852 | -€21,753 | -5.4% |
| Trade receivables | 40 | €175,451 | €121,003 | -€54,448 | -31.0% |
| Other amounts receivable | 41 | €224,154 | €256,849 | +€32,695 | +14.6% |
| Cash at bank and in hand | 54/58 | - | €35,444 | +€35,444 | |
| Deferred charges and accrued income | 490/1 | €12,250 | €217 | -€12,032 | -98.2% |
| Total equity and liabilities | 10/49 | €741,263 | €658,506 | -€82,758 | -11.2% |
| Equity | 10/15 | €579,393 | €395,511 | -€183,882 | -31.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €511,193 | €327,311 | -€183,882 | -36.0% |
| Amounts payable | 17/49 | €161,870 | €262,995 | +€101,125 | +62.5% |
| Amounts payable within one year | 42/48 | €152,437 | €262,946 | +€110,509 | +72.5% |
| Financial debts | 43 | €21,183 | - | -€21,183 | |
| Credit institutions | 430/8 | €21,183 | - | -€21,183 | |
| Trade debts | 44 | €69,408 | €156,903 | +€87,496 | +126% |
| Suppliers | 440/4 | €69,408 | €156,903 | +€87,496 | +126% |
| Taxes, remuneration and social security | 45 | €61,847 | €106,043 | +€44,196 | +71.5% |
| Taxes | 450/3 | €10,425 | - | -€10,425 | |
| Remuneration and social security | 454/9 | €51,422 | €106,043 | +€54,621 | +106% |
| Accrued charges and deferred income | 492/3 | €9,433 | €48 | -€9,384 | -99.5% |
| Remuneration, social security and pensions | 62 | €603,403 | €490,647 | -€112,755 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,034 | €107,882 | -€7,152 | -6.2% |
| Other operating charges | 640/8 | €11,878 | €45,377 | +€33,498 | +282% |
| Non-recurring operating charges | 66A | €44,000 | €72,517 | +€28,517 | +64.8% |
| Gross operating margin | 9900 | €789,343 | €573,467 | -€215,876 | -27.3% |
| Operating profit (loss) | 9901 | €15,028 | -€142,956 | -€157,984 | |
| Financial income | 75/76B | €1,711 | €19 | -€1,692 | -98.9% |
| Recurring financial income | 75 | €1,711 | €19 | -€1,692 | -98.9% |
| Financial charges | 65/66B | €5,359 | €40,792 | +€35,433 | +661% |
| Recurring financial charges | 65 | €5,359 | €4,438 | -€922 | -17.2% |
| Non-recurring financial charges | 66B | - | €36,355 | +€36,355 | |
| Profit (loss) for the period before taxes | 9903 | €11,380 | -€183,730 | -€195,110 | |
| Income taxes | 67/77 | €160 | €153 | -€7 | -4.4% |
| Profit (loss) for the period | 9904 | €11,220 | -€183,882 | -€195,103 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,220 | -€183,882 | -€195,103 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.