Mentor Safety Solutions: 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 Safety Solutions
Largest movements
- Receivables within one year +€69,214
up €69,214 (+201%), from €34,501 to €103,716
of which Other amounts receivable: +€62,293
- Deferred charges and accrued income +€3,261
up €3,261 (+124%), from €2,638 to €5,899
- Reserves +€40,506
up €40,506 (+202%), from €20,094 to €60,600
- Tax, wage and social debts +€22,057
up €22,057 (+189%), from €11,655 to €33,712
- Trade debts +€9,261
up €9,261 (+213%), from €4,349 to €13,610
- Gross operating margin +€32,251
up €32,251 (+96.1%), from €33,569 to €65,820
- Taxes +€8,163
up €8,163 (+130%), from €6,291 to €14,454
- Financial charges +€3,063
up €3,063 (+53.2%), from €5,759 to €8,822
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 | €39,279 | €110,797 | +€71,519 | +182% |
| Fixed assets | 21/28 | €2,138 | €1,182 | -€955 | -44.7% |
| Tangible fixed assets | 22/27 | €2,138 | €1,182 | -€955 | -44.7% |
| Plant, machinery and equipment | 23 | €2,138 | €1,182 | -€955 | -44.7% |
| Current assets | 29/58 | €37,141 | €109,615 | +€72,474 | +195% |
| Amounts receivable within one year | 40/41 | €34,501 | €103,716 | +€69,214 | +201% |
| Trade receivables | 40 | €9,816 | €16,737 | +€6,921 | +70.5% |
| Other amounts receivable | 41 | €24,686 | €86,979 | +€62,293 | +252% |
| Cash at bank and in hand | 54/58 | €2 | - | -€2 | |
| Deferred charges and accrued income | 490/1 | €2,638 | €5,899 | +€3,261 | +124% |
| Total equity and liabilities | 10/49 | €39,279 | €110,797 | +€71,519 | +182% |
| Equity | 10/15 | €22,594 | €63,100 | +€40,506 | +179% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,094 | €60,600 | +€40,506 | +202% |
| Distributable reserves | 133 | €20,094 | €60,600 | +€40,506 | +202% |
| Amounts payable | 17/49 | €16,685 | €47,698 | +€31,012 | +186% |
| Amounts payable within one year | 42/48 | €16,004 | €47,503 | +€31,498 | +197% |
| Financial debts | 43 | - | €181 | +€181 | |
| Credit institutions | 430/8 | - | €181 | +€181 | |
| Trade debts | 44 | €4,349 | €13,610 | +€9,261 | +213% |
| Suppliers | 440/4 | €4,349 | €13,610 | +€9,261 | +213% |
| Taxes, remuneration and social security | 45 | €11,655 | €33,712 | +€22,057 | +189% |
| Taxes | 450/3 | €11,655 | €33,712 | +€22,057 | +189% |
| Accrued charges and deferred income | 492/3 | €681 | €195 | -€486 | -71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €728 | €955 | +€227 | +31.2% |
| Other operating charges | 640/8 | €697 | €1,084 | +€387 | +55.5% |
| Gross operating margin | 9900 | €33,569 | €65,820 | +€32,251 | +96.1% |
| Operating profit (loss) | 9901 | €32,144 | €63,781 | +€31,637 | +98.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,759 | €8,822 | +€3,063 | +53.2% |
| Recurring financial charges | 65 | €5,759 | €8,822 | +€3,063 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | €26,385 | €54,960 | +€28,576 | +108% |
| Income taxes | 67/77 | €6,291 | €14,454 | +€8,163 | +130% |
| Profit (loss) for the period | 9904 | €20,094 | €40,506 | +€20,412 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €20,094 | €40,506 | +€20,412 | +102% |
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 22 October 2026 via checked.be.