MENZ TRADING: what changed
MENZ TRADING
Largest movements
- Cash -€387
down €387 (-60.7%), from €637 to €250
mainly Net result for the year (-€4,942) and Tax, wage and social debts (-€4,521)
- Profit (loss) carried forward -€4,942
down €4,942 (-36.2%), from €13,647 to €8,705
- Tax, wage and social debts -€4,521
down €4,521 (-64.3%), from €7,029 to €2,508
- Trade debts +€4,419
up €4,419 (+507%), from €872 to €5,291
- Other debts +€2,512
up €2,512 (+456%), from €551 to €3,063
- Short-term financial debts +€2,167
new in 2025: €2,167
- Gross operating margin -€24,972
down €24,972, from €20,763 to -€4,208
- Taxes -€3,707
down €3,707, from €3,680 to -€27
- Financial charges -€1,809
down €1,809 (-80.4%), from €2,249 to €440
- Other operating charges -€948
down €948 (-74.8%), from €1,268 to €320
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,099 | €31,735 | -€364 | -1.1% |
| Current assets | 29/58 | €32,099 | €31,735 | -€364 | -1.1% |
| Stocks and contracts in progress | 3 | €31,178 | €31,178 | = | 0.0% |
| Stocks | 30/36 | €31,178 | €31,178 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €285 | €307 | +€22 | +7.8% |
| Trade receivables | 40 | €285 | €93 | -€192 | -67.3% |
| Other amounts receivable | 41 | - | €214 | +€214 | |
| Cash at bank and in hand | 54/58 | €637 | €250 | -€387 | -60.7% |
| Total equity and liabilities | 10/49 | €32,099 | €31,735 | -€364 | -1.1% |
| Equity | 10/15 | €23,647 | €18,705 | -€4,942 | -20.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,647 | €8,705 | -€4,942 | -36.2% |
| Amounts payable | 17/49 | €8,452 | €13,029 | +€4,577 | +54.1% |
| Amounts payable within one year | 42/48 | €8,452 | €13,029 | +€4,577 | +54.1% |
| Financial debts | 43 | - | €2,167 | +€2,167 | |
| Credit institutions | 430/8 | - | €2,167 | +€2,167 | |
| Trade debts | 44 | €872 | €5,291 | +€4,419 | +507% |
| Suppliers | 440/4 | €872 | €5,291 | +€4,419 | +507% |
| Taxes, remuneration and social security | 45 | €7,029 | €2,508 | -€4,521 | -64.3% |
| Taxes | 450/3 | €7,029 | €2,508 | -€4,521 | -64.3% |
| Other amounts payable | 47/48 | €551 | €3,063 | +€2,512 | +456% |
| Other operating charges | 640/8 | €1,268 | €320 | -€948 | -74.8% |
| Gross operating margin | 9900 | €20,763 | -€4,208 | -€24,972 | |
| Operating profit (loss) | 9901 | €19,495 | -€4,528 | -€24,024 | |
| Financial charges | 65/66B | €2,249 | €440 | -€1,809 | -80.4% |
| Recurring financial charges | 65 | €2,249 | €440 | -€1,809 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €17,246 | -€4,969 | -€22,215 | |
| Income taxes | 67/77 | €3,680 | -€27 | -€3,707 | |
| Profit (loss) for the period | 9904 | €13,566 | -€4,942 | -€18,508 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,566 | -€4,942 | -€18,508 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.