Mentoring Systems: 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.
Mentoring Systems
Largest movements
- Deferred charges and accrued income +€53,075
up €53,075 (+1007.6%), from €5,267 to €58,342
- Stocks and contracts -€49,500
no longer reported in 2025 (was €49,500)
- Receivables within one year +€40,814
up €40,814 (+47.7%), from €85,624 to €126,439
of which Trade receivables: +€41,130
- Cash -€13,709
down €13,709 (-41.9%), from €32,731 to €19,023
mainly Deferred charges and accrued income (-€53,075) and Receivables within one year (-€40,814)
- Intangible fixed assets +€8,791
up €8,791 (+483.3%), from €1,819 to €10,610
- Reserves +€30,086
up €30,086 (+85.2%), from €35,296 to €65,382
- Accrued charges and deferred income -€20,488
down €20,488 (-53.4%), from €38,341 to €17,853
- Tax, wage and social debts +€16,513
up €16,513 (+65.1%), from €25,372 to €41,885
of which Taxes: +€8,355
- Trade debts +€8,659
up €8,659 (+204.0%), from €4,245 to €12,904
- Other debts +€3,697
up €3,697 (+12.6%), from €29,399 to €33,096
- Gross operating margin +€55,778
up €55,778 (+28.9%), from €193,110 to €248,888
- Staff costs +€22,785
up €22,785 (+14.0%), from €162,468 to €185,253
- Taxes +€9,878
up €9,878 (+93.6%), from €10,559 to €20,438
- Other operating charges +€3,079
up €3,079 (+616.5%), from €499 to €3,579
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 | €191,270 | €229,737 | +€38,467 | +20.1% |
| Fixed assets | 21/28 | €18,147 | €25,933 | +€7,786 | +42.9% |
| Intangible fixed assets | 21 | €1,819 | €10,610 | +€8,791 | +483.3% |
| Tangible fixed assets | 22/27 | €16,078 | €15,073 | -€1,005 | -6.3% |
| Plant, machinery and equipment | 23 | €8,304 | €7,481 | -€824 | -9.9% |
| Furniture and vehicles | 24 | €1,203 | €2,261 | +€1,058 | +87.9% |
| Other tangible fixed assets | 26 | €6,571 | €5,331 | -€1,239 | -18.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €173,123 | €203,804 | +€30,681 | +17.7% |
| Stocks and contracts in progress | 3 | €49,500 | - | -€49,500 | |
| Contracts in progress | 37 | €49,500 | - | -€49,500 | |
| Amounts receivable within one year | 40/41 | €85,624 | €126,439 | +€40,814 | +47.7% |
| Trade receivables | 40 | €85,309 | €126,439 | +€41,130 | +48.2% |
| Other amounts receivable | 41 | €316 | - | -€316 | |
| Cash at bank and in hand | 54/58 | €32,731 | €19,023 | -€13,709 | -41.9% |
| Deferred charges and accrued income | 490/1 | €5,267 | €58,342 | +€53,075 | +1007.6% |
| Total equity and liabilities | 10/49 | €191,270 | €229,737 | +€38,467 | +20.1% |
| Equity | 10/15 | €53,913 | €83,999 | +€30,086 | +55.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €35,296 | €65,382 | +€30,086 | +85.2% |
| Distributable reserves | 133 | €35,296 | €65,382 | +€30,086 | +85.2% |
| Profit (loss) carried forward | 14 | €67 | €67 | = | 0.0% |
| Amounts payable | 17/49 | €137,357 | €145,738 | +€8,381 | +6.1% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,016 | €87,885 | +€28,869 | +48.9% |
| Trade debts | 44 | €4,245 | €12,904 | +€8,659 | +204.0% |
| Suppliers | 440/4 | €4,245 | €12,904 | +€8,659 | +204.0% |
| Taxes, remuneration and social security | 45 | €25,372 | €41,885 | +€16,513 | +65.1% |
| Taxes | 450/3 | €11,518 | €19,873 | +€8,355 | +72.5% |
| Remuneration and social security | 454/9 | €13,854 | €22,012 | +€8,158 | +58.9% |
| Other amounts payable | 47/48 | €29,399 | €33,096 | +€3,697 | +12.6% |
| Accrued charges and deferred income | 492/3 | €38,341 | €17,853 | -€20,488 | -53.4% |
| Remuneration, social security and pensions | 62 | €162,468 | €185,253 | +€22,785 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,213 | €7,120 | +€1,908 | +36.6% |
| Other operating charges | 640/8 | €499 | €3,579 | +€3,079 | +616.5% |
| Gross operating margin | 9900 | €193,110 | €248,888 | +€55,778 | +28.9% |
| Operating profit (loss) | 9901 | €24,930 | €52,936 | +€28,006 | +112.3% |
| Financial income | 75/76B | €295 | €0 | -€295 | -100.0% |
| Recurring financial income | 75 | €295 | €0 | -€295 | -100.0% |
| Financial charges | 65/66B | €1,916 | €2,412 | +€496 | +25.9% |
| Recurring financial charges | 65 | €1,916 | €2,412 | +€496 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €23,308 | €50,524 | +€27,215 | +116.8% |
| Income taxes | 67/77 | €10,559 | €20,438 | +€9,878 | +93.6% |
| Profit (loss) for the period | 9904 | €12,749 | €30,086 | +€17,337 | +136.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,749 | €30,086 | +€17,337 | +136.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.