mercator.tv: 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.
mercator.tv
Largest movements
- Receivables within one year -€2,564
down €2,564 (-68.9%), from €3,721 to €1,157
of which Trade receivables: -€2,328
- Tangible fixed assets -€1,534
down €1,534 (-68.0%), from €2,255 to €721
of which Plant, machinery and equipment: -€1,534
- Cash +€1,256
up €1,256 (+160%), from €783 to €2,039
mainly Other debts (+€3,734) and Receivables within one year (+€2,564)
- Deferred charges and accrued income -€92
down €92 (-14.5%), from €636 to €544
- Profit (loss) carried forward -€6,336
down €6,336 (-27.0%), from -€23,506 to -€29,842
- Other debts +€3,734
up €3,734 (+15.6%), from €23,940 to €27,674
- Trade debts -€211
down €211 (-8.0%), from €2,641 to €2,431
- Short-term financial debts -€112
down €112 (-88.1%), from €127 to €15
- Gross operating margin +€6,321
up €6,321 (+58.2%), from -€10,865 to -€4,543
- Depreciation -€777
down €777 (-33.6%), from €2,311 to €1,534
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 | €7,394 | €4,460 | -€2,934 | -39.7% |
| Fixed assets | 21/28 | €2,255 | €721 | -€1,534 | -68.0% |
| Tangible fixed assets | 22/27 | €2,255 | €721 | -€1,534 | -68.0% |
| Plant, machinery and equipment | 23 | €2,255 | €721 | -€1,534 | -68.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €5,139 | €3,739 | -€1,400 | -27.2% |
| Amounts receivable within one year | 40/41 | €3,721 | €1,157 | -€2,564 | -68.9% |
| Trade receivables | 40 | €2,786 | €459 | -€2,328 | -83.5% |
| Other amounts receivable | 41 | €934 | €698 | -€236 | -25.3% |
| Cash at bank and in hand | 54/58 | €783 | €2,039 | +€1,256 | +160% |
| Deferred charges and accrued income | 490/1 | €636 | €544 | -€92 | -14.5% |
| Total equity and liabilities | 10/49 | €7,394 | €4,460 | -€2,934 | -39.7% |
| Equity | 10/15 | -€19,506 | -€25,842 | -€6,336 | -32.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,506 | -€29,842 | -€6,336 | -27.0% |
| Amounts payable | 17/49 | €26,900 | €30,302 | +€3,401 | +12.6% |
| Amounts payable within one year | 42/48 | €26,900 | €30,302 | +€3,401 | +12.6% |
| Financial debts | 43 | €127 | €15 | -€112 | -88.1% |
| Credit institutions | 430/8 | €127 | €15 | -€112 | -88.1% |
| Trade debts | 44 | €2,641 | €2,431 | -€211 | -8.0% |
| Suppliers | 440/4 | €2,641 | €2,431 | -€211 | -8.0% |
| Taxes, remuneration and social security | 45 | €193 | €182 | -€10 | -5.4% |
| Taxes | 450/3 | €193 | €182 | -€10 | -5.4% |
| Other amounts payable | 47/48 | €23,940 | €27,674 | +€3,734 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,311 | €1,534 | -€777 | -33.6% |
| Other operating charges | 640/8 | €120 | €189 | +€69 | +57.7% |
| Non-recurring operating charges | 66A | €3,543 | €0 | -€3,543 | -100% |
| Gross operating margin | 9900 | -€10,865 | -€4,543 | +€6,321 | +58.2% |
| Operating profit (loss) | 9901 | -€16,839 | -€6,267 | +€10,572 | +62.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €81 | €69 | -€13 | -15.4% |
| Recurring financial charges | 65 | €81 | €69 | -€13 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,920 | -€6,336 | +€10,584 | +62.6% |
| Profit (loss) for the period | 9904 | -€16,920 | -€6,336 | +€10,584 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,920 | -€6,336 | +€10,584 | +62.6% |
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 29 October 2026 via checked.be.