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 +€76,318
up €76,318 (+80.3%), from €94,995 to €171,314
of which Trade receivables: +€59,200
- Cash +€9,535
up €9,535 (+187.2%), from €5,093 to €14,629
mainly Trade debts (+€49,409) and Depreciation (+€34,400)
- Trade debts +€49,409
up €49,409 (+104.6%), from €47,219 to €96,628
- Advances received +€15,000
new in 2025: €15,000
- Tax, wage and social debts +€11,769
up €11,769 (+49.8%), from €23,647 to €35,416
of which Taxes: +€9,392
- Reserves +€9,033
up €9,033 (+9.0%), from €100,758 to €109,791
- Other debts +€7,961
up €7,961 (+29.6%), from €26,870 to €34,832
- Staff costs +€132,398
up €132,398 (+294.7%), from €44,927 to €177,325
- Gross operating margin +€131,373
up €131,373 (+124.9%), from €105,224 to €236,597
- Taxes +€7,383
up €7,383 (+176.5%), from €4,183 to €11,567
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 | €250,047 | €341,339 | +€91,292 | +36.5% |
| Fixed assets | 21/28 | €144,278 | €149,717 | +€5,438 | +3.8% |
| Tangible fixed assets | 22/27 | €144,278 | €147,217 | +€2,938 | +2.0% |
| Land and buildings | 22 | €90,462 | €85,795 | -€4,667 | -5.2% |
| Plant, machinery and equipment | 23 | €8,138 | €12,149 | +€4,010 | +49.3% |
| Furniture and vehicles | 24 | €45,678 | €49,273 | +€3,595 | +7.9% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €105,769 | €191,623 | +€85,854 | +81.2% |
| Stocks and contracts in progress | 3 | €5,680 | €5,680 | = | 0.0% |
| Stocks | 30/36 | €5,680 | €5,680 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €94,995 | €171,314 | +€76,318 | +80.3% |
| Trade receivables | 40 | €81,703 | €140,903 | +€59,200 | +72.5% |
| Other amounts receivable | 41 | €13,293 | €30,411 | +€17,118 | +128.8% |
| Cash at bank and in hand | 54/58 | €5,093 | €14,629 | +€9,535 | +187.2% |
| Total equity and liabilities | 10/49 | €250,047 | €341,339 | +€91,292 | +36.5% |
| Equity | 10/15 | €110,758 | €119,791 | +€9,033 | +8.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €100,758 | €109,791 | +€9,033 | +9.0% |
| Distributable reserves | 133 | €100,758 | €109,791 | +€9,033 | +9.0% |
| Amounts payable | 17/49 | €139,289 | €221,548 | +€82,259 | +59.1% |
| Amounts payable after more than one year | 17 | €36,980 | €32,085 | -€4,895 | -13.2% |
| Financial debts | 170/4 | €36,980 | €32,085 | -€4,895 | -13.2% |
| Amounts payable within one year | 42/48 | €102,309 | €189,463 | +€87,154 | +85.2% |
| Current portion of amounts payable after more than one year | 42 | €4,572 | €7,588 | +€3,015 | +65.9% |
| Trade debts | 44 | €47,219 | €96,628 | +€49,409 | +104.6% |
| Suppliers | 440/4 | €47,219 | €96,628 | +€49,409 | +104.6% |
| Advances received on contracts in progress | 46 | - | €15,000 | +€15,000 | |
| Taxes, remuneration and social security | 45 | €23,647 | €35,416 | +€11,769 | +49.8% |
| Taxes | 450/3 | €18,023 | €27,415 | +€9,392 | +52.1% |
| Remuneration and social security | 454/9 | €5,624 | €8,001 | +€2,377 | +42.3% |
| Other amounts payable | 47/48 | €26,870 | €34,832 | +€7,961 | +29.6% |
| Remuneration, social security and pensions | 62 | €44,927 | €177,325 | +€132,398 | +294.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,693 | €34,400 | +€1,707 | +5.2% |
| Other operating charges | 640/8 | €1,795 | €2,331 | +€536 | +29.9% |
| Gross operating margin | 9900 | €105,224 | €236,597 | +€131,373 | +124.9% |
| Operating profit (loss) | 9901 | €25,810 | €22,542 | -€3,268 | -12.7% |
| Financial income | 75/76B | €583 | €334 | -€249 | -42.8% |
| Recurring financial income | 75 | €583 | €334 | -€249 | -42.8% |
| Financial charges | 65/66B | €2,383 | €2,276 | -€107 | -4.5% |
| Recurring financial charges | 65 | €2,383 | €2,276 | -€107 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €24,010 | €20,600 | -€3,410 | -14.2% |
| Income taxes | 67/77 | €4,183 | €11,567 | +€7,383 | +176.5% |
| Profit (loss) for the period | 9904 | €19,827 | €9,033 | -€10,794 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,827 | €9,033 | -€10,794 | -54.4% |
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.