Mentriks: 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.
Mentriks
Largest movements
- Cash +€42,950
up €42,950 (+212%), from €20,259 to €63,209
mainly Other debts (+€50,757) and Net result for the year (+€42,362)
- Receivables within one year -€26,308
down €26,308 (-89.4%), from €29,435 to €3,128
of which Trade receivables: -€22,587
- Tangible fixed assets -€7,470
down €7,470 (-1.7%), from €442,286 to €434,816
of which Furniture and vehicles: -€12,974
- Other debts +€50,757
up €50,757 (+2,100%), from €2,417 to €53,173
- Profit (loss) carried forward -€36,647
down €36,647 (-85.8%), from €42,692 to €6,046
- Debts after one year -€27,424
down €27,424 (-7.8%), from €349,860 to €322,435
- Current portion of long-term debt +€15,891
up €15,891 (+42.9%), from €37,083 to €52,974
- Tax, wage and social debts +€9,601
up €9,601 (+77.8%), from €12,341 to €21,942
of which Taxes: +€8,149
- Gross operating margin +€18,653
up €18,653 (+13.2%), from €140,867 to €159,520
- Staff costs +€18,178
up €18,178 (+45.1%), from €40,278 to €58,457
- Depreciation +€1,948
up €1,948 (+6.1%), from €31,698 to €33,646
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 | €491,981 | €502,942 | +€10,962 | +2.2% |
| Fixed assets | 21/28 | €442,286 | €434,816 | -€7,470 | -1.7% |
| Tangible fixed assets | 22/27 | €442,286 | €434,816 | -€7,470 | -1.7% |
| Land and buildings | 22 | €395,189 | €401,406 | +€6,217 | +1.6% |
| Plant, machinery and equipment | 23 | €2,047 | €1,556 | -€490 | -24.0% |
| Furniture and vehicles | 24 | €44,733 | €31,759 | -€12,974 | -29.0% |
| Other tangible fixed assets | 26 | €318 | €95 | -€223 | -70.2% |
| Current assets | 29/58 | €49,694 | €68,126 | +€18,432 | +37.1% |
| Amounts receivable within one year | 40/41 | €29,435 | €3,128 | -€26,308 | -89.4% |
| Trade receivables | 40 | €25,715 | €3,128 | -€22,587 | -87.8% |
| Other amounts receivable | 41 | €3,721 | - | -€3,721 | |
| Cash at bank and in hand | 54/58 | €20,259 | €63,209 | +€42,950 | +212% |
| Deferred charges and accrued income | 490/1 | - | €1,790 | +€1,790 | |
| Total equity and liabilities | 10/49 | €491,981 | €502,942 | +€10,962 | +2.2% |
| Equity | 10/15 | €81,805 | €45,159 | -€36,647 | -44.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €37,113 | €37,113 | = | 0.0% |
| Distributable reserves | 133 | €37,113 | €37,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,692 | €6,046 | -€36,647 | -85.8% |
| Amounts payable | 17/49 | €410,176 | €457,784 | +€47,608 | +11.6% |
| Amounts payable after more than one year | 17 | €349,860 | €322,435 | -€27,424 | -7.8% |
| Financial debts | 170/4 | €349,860 | €322,435 | -€27,424 | -7.8% |
| Amounts payable within one year | 42/48 | €60,316 | €135,349 | +€75,033 | +124% |
| Current portion of amounts payable after more than one year | 42 | €37,083 | €52,974 | +€15,891 | +42.9% |
| Trade debts | 44 | €8,475 | €7,259 | -€1,216 | -14.3% |
| Suppliers | 440/4 | €8,475 | €7,259 | -€1,216 | -14.3% |
| Taxes, remuneration and social security | 45 | €12,341 | €21,942 | +€9,601 | +77.8% |
| Taxes | 450/3 | €6,395 | €14,544 | +€8,149 | +127% |
| Remuneration and social security | 454/9 | €5,946 | €7,397 | +€1,452 | +24.4% |
| Other amounts payable | 47/48 | €2,417 | €53,173 | +€50,757 | +2,100% |
| Remuneration, social security and pensions | 62 | €40,278 | €58,457 | +€18,178 | +45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,698 | €33,646 | +€1,948 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,508 | +€1,508 | |
| Other operating charges | 640/8 | €2,590 | €2,271 | -€319 | -12.3% |
| Non-recurring operating charges | 66A | €554 | - | -€554 | |
| Gross operating margin | 9900 | €140,867 | €159,520 | +€18,653 | +13.2% |
| Operating profit (loss) | 9901 | €65,747 | €63,640 | -€2,107 | -3.2% |
| Financial income | 75/76B | €10 | €26 | +€17 | +171% |
| Recurring financial income | 75 | €10 | €26 | +€17 | +171% |
| Financial charges | 65/66B | €7,169 | €6,599 | -€570 | -8.0% |
| Recurring financial charges | 65 | €7,169 | €6,599 | -€570 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €58,587 | €57,067 | -€1,521 | -2.6% |
| Income taxes | 67/77 | €15,895 | €14,705 | -€1,190 | -7.5% |
| Profit (loss) for the period | 9904 | €42,692 | €42,362 | -€330 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,692 | €42,362 | -€330 | -0.8% |
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.