MERCURE CONSULTING: 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.
MERCURE CONSULTING
Largest movements
- Tangible fixed assets -€35,993
down €35,993 (-62.3%), from €57,767 to €21,774
of which Furniture and vehicles: -€32,551
- Receivables within one year -€20,845
down €20,845 (-64.8%), from €32,153 to €11,307
of which Trade receivables: -€16,577
- Cash +€2,800
up €2,800 (+3.2%), from €87,945 to €90,745
mainly Investment in fixed assets (net) (+€34,051) and Net result for the year (+€23,788)
- Other debts -€65,158
down €65,158 (-92.0%), from €70,839 to €5,681
- Profit (loss) carried forward +€23,788
up €23,788 (+29.7%), from €80,096 to €103,884
- Debts after one year -€22,561
no longer reported in 2025 (was €22,561)
- Trade debts +€15,167
up €15,167 (+441%), from €3,437 to €18,604
- Current portion of long-term debt -€9,649
no longer reported in 2025 (was €9,649)
- Depreciation -€9,628
down €9,628 (-73.7%), from €13,071 to €3,443
- Other operating charges -€7,909
down €7,909 (-76.6%), from €10,331 to €2,422
- Gross operating margin +€6,478
up €6,478 (+16.8%), from €38,620 to €45,098
- Write-downs +€4,650
new in 2025: €4,650
- Taxes +€3,203
up €3,203 (+78.0%), from €4,105 to €7,308
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 | €210,900 | €157,315 | -€53,585 | -25.4% |
| Fixed assets | 21/28 | €89,147 | €51,654 | -€37,493 | -42.1% |
| Tangible fixed assets | 22/27 | €57,767 | €21,774 | -€35,993 | -62.3% |
| Furniture and vehicles | 24 | €32,551 | - | -€32,551 | |
| Other tangible fixed assets | 26 | €25,217 | €21,774 | -€3,443 | -13.7% |
| Financial fixed assets | 28 | €31,380 | €29,880 | -€1,500 | -4.8% |
| Current assets | 29/58 | €121,753 | €105,661 | -€16,092 | -13.2% |
| Amounts receivable within one year | 40/41 | €32,153 | €11,307 | -€20,845 | -64.8% |
| Trade receivables | 40 | €19,293 | €2,716 | -€16,577 | -85.9% |
| Other amounts receivable | 41 | €12,860 | €8,591 | -€4,268 | -33.2% |
| Cash at bank and in hand | 54/58 | €87,945 | €90,745 | +€2,800 | +3.2% |
| Deferred charges and accrued income | 490/1 | €1,655 | €3,608 | +€1,953 | +118% |
| Total equity and liabilities | 10/49 | €210,900 | €157,315 | -€53,585 | -25.4% |
| Equity | 10/15 | €100,556 | €124,344 | +€23,788 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,096 | €103,884 | +€23,788 | +29.7% |
| Amounts payable | 17/49 | €110,344 | €32,970 | -€77,373 | -70.1% |
| Amounts payable after more than one year | 17 | €22,561 | - | -€22,561 | |
| Financial debts | 170/4 | €22,561 | - | -€22,561 | |
| Amounts payable within one year | 42/48 | €87,753 | €32,037 | -€55,716 | -63.5% |
| Current portion of amounts payable after more than one year | 42 | €9,649 | - | -€9,649 | |
| Trade debts | 44 | €3,437 | €18,604 | +€15,167 | +441% |
| Suppliers | 440/4 | €3,437 | €18,604 | +€15,167 | +441% |
| Taxes, remuneration and social security | 45 | €3,827 | €7,752 | +€3,925 | +103% |
| Taxes | 450/3 | €3,827 | €7,752 | +€3,925 | +103% |
| Other amounts payable | 47/48 | €70,839 | €5,681 | -€65,158 | -92.0% |
| Accrued charges and deferred income | 492/3 | €30 | €933 | +€903 | +3,011% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,071 | €3,443 | -€9,628 | -73.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,650 | +€4,650 | |
| Other operating charges | 640/8 | €10,331 | €2,422 | -€7,909 | -76.6% |
| Gross operating margin | 9900 | €38,620 | €45,098 | +€6,478 | +16.8% |
| Operating profit (loss) | 9901 | €15,219 | €34,584 | +€19,364 | +127% |
| Financial income | 75/76B | - | €64 | +€64 | |
| Recurring financial income | 75 | - | €64 | +€64 | |
| Financial charges | 65/66B | €2,275 | €3,551 | +€1,276 | +56.1% |
| Recurring financial charges | 65 | €2,275 | €3,551 | +€1,276 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €12,944 | €31,096 | +€18,152 | +140% |
| Income taxes | 67/77 | €4,105 | €7,308 | +€3,203 | +78.0% |
| Profit (loss) for the period | 9904 | €8,840 | €23,788 | +€14,948 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €8,840 | €23,788 | +€14,948 | +169% |
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 26 October 2026 via checked.be.