Mentish: 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.
Mentish
Largest movements
- Receivables within one year +€8,335
up €8,335 (+2480.6%), from €336 to €8,671
of which Trade receivables: +€8,671
- Cash -€5,230
down €5,230 (-86.7%), from €6,031 to €801
mainly Receivables within one year (-€8,335) and Investment in fixed assets (net) (-€7,275)
- Deferred charges and accrued income -€576
down €576 (-31.3%), from €1,838 to €1,262
- Other debts +€4,265
up €4,265 (+19.1%), from €22,340 to €26,605
- Profit (loss) carried forward -€2,378
down €2,378 (-35.1%), from -€6,766 to -€9,144
- Tax, wage and social debts +€457
up €457 (+40.1%), from €1,139 to €1,597
- Gross operating margin -€11,993
down €11,993 (-63.1%), from €18,996 to €7,003
- Depreciation +€4,448
up €4,448 (+146.5%), from €3,036 to €7,484
- Other operating charges -€578
down €578 (-37.5%), from €1,542 to €964
- Taxes -€482
down €482 (-42.3%), from €1,139 to €657
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 | €33,321 | €35,641 | +€2,320 | +7.0% |
| Fixed assets | 21/28 | €25,116 | €24,907 | -€209 | -0.8% |
| Tangible fixed assets | 22/27 | €25,116 | €24,907 | -€209 | -0.8% |
| Furniture and vehicles | 24 | €25,116 | €18,135 | -€6,981 | -27.8% |
| Other tangible fixed assets | 26 | - | €6,772 | +€6,772 | |
| Current assets | 29/58 | €8,205 | €10,734 | +€2,529 | +30.8% |
| Amounts receivable within one year | 40/41 | €336 | €8,671 | +€8,335 | +2480.6% |
| Trade receivables | 40 | - | €8,671 | +€8,671 | |
| Other amounts receivable | 41 | €336 | - | -€336 | |
| Cash at bank and in hand | 54/58 | €6,031 | €801 | -€5,230 | -86.7% |
| Deferred charges and accrued income | 490/1 | €1,838 | €1,262 | -€576 | -31.3% |
| Total equity and liabilities | 10/49 | €33,321 | €35,641 | +€2,320 | +7.0% |
| Equity | 10/15 | -€3,766 | -€6,144 | -€2,378 | -63.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,766 | -€9,144 | -€2,378 | -35.1% |
| Amounts payable | 17/49 | €37,087 | €41,784 | +€4,697 | +12.7% |
| Amounts payable after more than one year | 17 | €7,000 | €7,000 | = | 0.0% |
| Financial debts | 170/4 | €7,000 | €7,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,372 | €32,984 | +€4,612 | +16.3% |
| Trade debts | 44 | €4,793 | €4,783 | -€10 | -0.2% |
| Suppliers | 440/4 | €4,793 | €4,783 | -€10 | -0.2% |
| Advances received on contracts in progress | 46 | €100 | - | -€100 | |
| Taxes, remuneration and social security | 45 | €1,139 | €1,597 | +€457 | +40.1% |
| Taxes | 450/3 | €1,139 | €1,597 | +€457 | +40.1% |
| Other amounts payable | 47/48 | €22,340 | €26,605 | +€4,265 | +19.1% |
| Accrued charges and deferred income | 492/3 | €1,715 | €1,800 | +€85 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,036 | €7,484 | +€4,448 | +146.5% |
| Other operating charges | 640/8 | €1,542 | €964 | -€578 | -37.5% |
| Non-recurring operating charges | 66A | €1,842 | - | -€1,842 | |
| Gross operating margin | 9900 | €18,996 | €7,003 | -€11,993 | -63.1% |
| Operating profit (loss) | 9901 | €12,576 | -€1,444 | -€14,021 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €193 | €277 | +€84 | +43.5% |
| Recurring financial charges | 65 | €193 | €277 | +€84 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | €12,384 | -€1,720 | -€14,104 | |
| Income taxes | 67/77 | €1,139 | €657 | -€482 | -42.3% |
| Profit (loss) for the period | 9904 | €11,245 | -€2,378 | -€13,622 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,245 | -€2,378 | -€13,622 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.