MERCURIO MANAGEMENT: 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.
MERCURIO MANAGEMENT
Largest movements
- Deferred charges and accrued income -€1,183
down €1,183 (-70.3%), from €1,682 to €499
- Cash +€1,062
up €1,062 (+27.2%), from €3,904 to €4,966
mainly Other debts (+€3,845) and Short-term financial debts (+€3,408)
- Receivables within one year -€730
down €730 (-16.1%), from €4,536 to €3,806
- Profit (loss) carried forward -€8,132
down €8,132 (-27.6%), from -€29,465 to -€37,597
- Other debts +€3,845
up €3,845 (+37.8%), from €10,177 to €14,021
- Short-term financial debts +€3,408
up €3,408 (+21.4%), from €15,923 to €19,331
- Tax, wage and social debts -€694
down €694 (-28.3%), from €2,454 to €1,760
- Trade debts +€651
up €651 (+27.5%), from €2,368 to €3,019
- Gross operating margin -€3,055
down €3,055, from €1,346 to -€1,710
- Financial charges +€2,349
up €2,349 (+84.7%), from €2,774 to €5,123
- Taxes -€270
down €270 (-66.2%), from €407 to €138
- Other operating charges +€83
up €83 (+8.1%), from €1,025 to €1,108
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 | €10,122 | €9,271 | -€851 | -8.4% |
| Current assets | 29/58 | €10,122 | €9,271 | -€851 | -8.4% |
| Amounts receivable within one year | 40/41 | €4,536 | €3,806 | -€730 | -16.1% |
| Trade receivables | 40 | €4,536 | €3,806 | -€730 | -16.1% |
| Cash at bank and in hand | 54/58 | €3,904 | €4,966 | +€1,062 | +27.2% |
| Deferred charges and accrued income | 490/1 | €1,682 | €499 | -€1,183 | -70.3% |
| Total equity and liabilities | 10/49 | €10,122 | €9,271 | -€851 | -8.4% |
| Equity | 10/15 | -€21,405 | -€29,537 | -€8,132 | -38.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,465 | -€37,597 | -€8,132 | -27.6% |
| Amounts payable | 17/49 | €31,528 | €38,808 | +€7,281 | +23.1% |
| Amounts payable within one year | 42/48 | €30,922 | €38,131 | +€7,210 | +23.3% |
| Financial debts | 43 | €15,923 | €19,331 | +€3,408 | +21.4% |
| Credit institutions | 430/8 | €15,923 | €19,331 | +€3,408 | +21.4% |
| Trade debts | 44 | €2,368 | €3,019 | +€651 | +27.5% |
| Suppliers | 440/4 | €2,368 | €3,019 | +€651 | +27.5% |
| Taxes, remuneration and social security | 45 | €2,454 | €1,760 | -€694 | -28.3% |
| Taxes | 450/3 | €2,454 | €1,760 | -€694 | -28.3% |
| Other amounts payable | 47/48 | €10,177 | €14,021 | +€3,845 | +37.8% |
| Accrued charges and deferred income | 492/3 | €606 | €677 | +€71 | +11.7% |
| Non-recurring operating income | 76A | - | €11,000 | +€11,000 | |
| Other operating charges | 640/8 | €1,025 | €1,108 | +€83 | +8.1% |
| Non-recurring operating charges | 66A | €53 | €53 | = | 0.0% |
| Gross operating margin | 9900 | €1,346 | -€1,710 | -€3,055 | |
| Operating profit (loss) | 9901 | €267 | -€2,871 | -€3,138 | |
| Financial charges | 65/66B | €2,774 | €5,123 | +€2,349 | +84.7% |
| Recurring financial charges | 65 | €2,774 | €5,123 | +€2,349 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,507 | -€7,994 | -€5,487 | -219% |
| Income taxes | 67/77 | €407 | €138 | -€270 | -66.2% |
| Profit (loss) for the period | 9904 | -€2,914 | -€8,132 | -€5,218 | -179% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,914 | -€8,132 | -€5,218 | -179% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.