Mercure Management & Audit: 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 Management & Audit
Largest movements
- Receivables within one year +€19,106
up €19,106 (+20.6%), from €92,877 to €111,983
of which Other amounts receivable: +€15,356
- Tangible fixed assets -€13,747
down €13,747 (-28.5%), from €48,190 to €34,444
- Cash +€12,011
up €12,011 (+82.8%), from €14,504 to €26,514
mainly Net result for the year (+€108,397) and Other debts (+€25,000)
- Other debts +€25,000
up €25,000 (+30.5%), from €82,000 to €107,000
- Tax, wage and social debts +€12,133
up €12,133 (+186%), from €6,525 to €18,658
- Short-term financial debts -€8,333
down €8,333 (-50.0%), from €16,667 to €8,333
- Debts after one year -€7,631
down €7,631 (-21.1%), from €36,149 to €28,518
of which Financial debts: -€7,631
- Current portion of long-term debt -€5,178
down €5,178 (-40.4%), from €12,808 to €7,631
- Gross operating margin +€35,094
up €35,094 (+30.3%), from €116,004 to €151,099
- Taxes +€8,028
up €8,028 (+33.6%), from €23,916 to €31,944
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 | €159,757 | €175,669 | +€15,913 | +10.0% |
| Fixed assets | 21/28 | €49,190 | €35,444 | -€13,747 | -27.9% |
| Tangible fixed assets | 22/27 | €48,190 | €34,444 | -€13,747 | -28.5% |
| Furniture and vehicles | 24 | €48,190 | €34,444 | -€13,747 | -28.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €110,566 | €140,226 | +€29,659 | +26.8% |
| Amounts receivable within one year | 40/41 | €92,877 | €111,983 | +€19,106 | +20.6% |
| Trade receivables | 40 | €49,574 | €53,325 | +€3,751 | +7.6% |
| Other amounts receivable | 41 | €43,303 | €58,659 | +€15,356 | +35.5% |
| Cash at bank and in hand | 54/58 | €14,504 | €26,514 | +€12,011 | +82.8% |
| Deferred charges and accrued income | 490/1 | €3,186 | €1,728 | -€1,458 | -45.8% |
| Total equity and liabilities | 10/49 | €159,757 | €175,669 | +€15,913 | +10.0% |
| Equity | 10/15 | €2,082 | €3,479 | +€1,397 | +67.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | - | -€1,000 | |
| Other | 1109/19 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | €1,082 | €2,479 | +€1,397 | +129% |
| Amounts payable | 17/49 | €157,675 | €172,190 | +€14,515 | +9.2% |
| Amounts payable after more than one year | 17 | €36,149 | €28,518 | -€7,631 | -21.1% |
| Financial debts | 170/4 | €32,189 | €24,558 | -€7,631 | -23.7% |
| Other amounts payable | 178/9 | €3,960 | €3,960 | = | 0.0% |
| Amounts payable within one year | 42/48 | €121,203 | €143,064 | +€21,861 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €12,808 | €7,631 | -€5,178 | -40.4% |
| Financial debts | 43 | €16,667 | €8,333 | -€8,333 | -50.0% |
| Credit institutions | 430/8 | €16,667 | €8,333 | -€8,333 | -50.0% |
| Trade debts | 44 | €3,203 | €1,442 | -€1,762 | -55.0% |
| Suppliers | 440/4 | €3,203 | €1,442 | -€1,762 | -55.0% |
| Taxes, remuneration and social security | 45 | €6,525 | €18,658 | +€12,133 | +186% |
| Taxes | 450/3 | €6,525 | €18,658 | +€12,133 | +186% |
| Other amounts payable | 47/48 | €82,000 | €107,000 | +€25,000 | +30.5% |
| Accrued charges and deferred income | 492/3 | €323 | €608 | +€285 | +88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,001 | €8,742 | +€741 | +9.3% |
| Other operating charges | 640/8 | €1,255 | €2,026 | +€771 | +61.4% |
| Gross operating margin | 9900 | €116,004 | €151,099 | +€35,094 | +30.3% |
| Operating profit (loss) | 9901 | €106,748 | €140,330 | +€33,583 | +31.5% |
| Financial income | 75/76B | €1,318 | €1,582 | +€265 | +20.1% |
| Recurring financial income | 75 | €1,318 | €1,582 | +€265 | +20.1% |
| Financial charges | 65/66B | €1,068 | €1,572 | +€504 | +47.2% |
| Recurring financial charges | 65 | €1,068 | €1,572 | +€504 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | €106,998 | €140,341 | +€33,343 | +31.2% |
| Income taxes | 67/77 | €23,916 | €31,944 | +€8,028 | +33.6% |
| Profit (loss) for the period | 9904 | €83,082 | €108,397 | +€25,315 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,082 | €108,397 | +€25,315 | +30.5% |
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 1 November 2026 via checked.be.