MENTOR: 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.
MENTOR
Largest movements
- Receivables within one year -€39,277
down €39,277 (-4.2%), from €928,068 to €888,791
of which Other amounts receivable: -€279,173
- Cash +€37,834
up €37,834 (+6.5%), from €583,981 to €621,815
mainly Receivables within one year (+€39,277) and Accrued charges and deferred income (+€31,399)
- Deferred charges and accrued income -€21,829
down €21,829 (-98.8%), from €22,098 to €268
- Debts within one year -€88,291
down €88,291 (-12.5%), from €703,954 to €615,664
- Accrued charges and deferred income +€31,399
up €31,399 (+66.0%), from €47,587 to €78,986
- Profit (loss) carried forward +€21,052
up €21,052 (+2.7%), from €780,758 to €801,810
- Staff costs +€32,193
up €32,193 (+1.1%), from €3.0m to €3.0m
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 | €1,613,549 | €1,577,710 | -€35,839 | -2.2% |
| Fixed assets | 21/28 | €79,402 | €66,835 | -€12,567 | -15.8% |
| Tangible fixed assets | 22/27 | €77,416 | €63,949 | -€13,467 | -17.4% |
| Furniture and vehicles | 24 | €10,196 | €12,191 | +€1,995 | +19.6% |
| Other tangible fixed assets | 26 | €67,220 | €51,758 | -€15,462 | -23.0% |
| Financial fixed assets | 28 | €1,986 | €2,886 | +€900 | +45.3% |
| Current assets | 29/58 | €1,534,147 | €1,510,875 | -€23,272 | -1.5% |
| Amounts receivable within one year | 40/41 | €928,068 | €888,791 | -€39,277 | -4.2% |
| Trade receivables | 40 | €255,740 | €495,636 | +€239,896 | +93.8% |
| Other amounts receivable | 41 | €672,328 | €393,155 | -€279,173 | -41.5% |
| Cash at bank and in hand | 54/58 | €583,981 | €621,815 | +€37,834 | +6.5% |
| Deferred charges and accrued income | 490/1 | €22,098 | €268 | -€21,829 | -98.8% |
| Total equity and liabilities | 10/49 | €1,613,549 | €1,577,710 | -€35,839 | -2.2% |
| Equity | 10/15 | €862,008 | €883,060 | +€21,052 | +2.4% |
| Contributions | 10/11 | €16,250 | €16,250 | = | 0.0% |
| Capital | 10 | €16,250 | €16,250 | = | 0.0% |
| Reserves | 13 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €780,758 | €801,810 | +€21,052 | +2.7% |
| Amounts payable | 17/49 | €751,541 | €694,650 | -€56,892 | -7.6% |
| Amounts payable within one year | 42/48 | €703,954 | €615,664 | -€88,291 | -12.5% |
| Trade debts | 44 | €332,486 | €295,353 | -€37,133 | -11.2% |
| Suppliers | 440/4 | €332,486 | €295,353 | -€37,133 | -11.2% |
| Taxes, remuneration and social security | 45 | €316,346 | €320,310 | +€3,964 | +1.3% |
| Taxes | 450/3 | €15,032 | €2,867 | -€12,164 | -80.9% |
| Remuneration and social security | 454/9 | €301,315 | €317,443 | +€16,128 | +5.4% |
| Accrued charges and deferred income | 492/3 | €47,587 | €78,986 | +€31,399 | +66.0% |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,952,005 | €2,984,198 | +€32,193 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,429 | €21,032 | +€603 | +2.9% |
| Other operating charges | 640/8 | €38,180 | €33,545 | -€4,635 | -12.1% |
| Gross operating margin | 9900 | €3,055,729 | €3,058,627 | +€2,898 | +0.1% |
| Operating profit (loss) | 9901 | €45,115 | €19,852 | -€25,263 | -56.0% |
| Financial income | 75/76B | €632 | €1,813 | +€1,181 | +186.8% |
| Recurring financial income | 75 | €632 | €1,813 | +€1,181 | +186.8% |
| Financial charges | 65/66B | €846 | €613 | -€234 | -27.6% |
| Recurring financial charges | 65 | €846 | €613 | -€234 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €44,900 | €21,052 | -€23,848 | -53.1% |
| Profit (loss) for the period | 9904 | €44,900 | €21,052 | -€23,848 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,900 | €21,052 | -€23,848 | -53.1% |
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 9 October 2026 via checked.be.