MERCURIUS DM: what changed
MERCURIUS DM
Largest movements
- Tangible fixed assets -€9,653
down €9,653 (-15.9%), from €60,879 to €51,226
- Receivables within one year -€7,998
down €7,998 (-41.9%), from €19,077 to €11,079
of which Trade receivables: -€9,969
- Cash +€2,330
new in 2025: €2,330
mainly Depreciation (+€9,653) and Receivables within one year (+€7,998)
- Trade debts -€8,215
no longer reported in 2025 (was €8,215)
- Profit (loss) carried forward -€5,622
down €5,622 (-28.4%), from -€19,813 to -€25,435
- Short-term financial debts -€3,140
no longer reported in 2025 (was €3,140)
- Other debts +€2,473
up €2,473 (+68.6%), from €3,605 to €6,078
- Accrued charges and deferred income -€818
down €818 (-33.1%), from €2,472 to €1,654
- Gross operating margin -€10,644
down €10,644 (-55.7%), from €19,119 to €8,475
- Depreciation +€501
up €501 (+5.5%), from €9,152 to €9,653
- Financial charges -€278
down €278 (-27.3%), from €1,019 to €741
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 | €81,456 | €66,135 | -€15,321 | -18.8% |
| Fixed assets | 21/28 | €62,379 | €52,726 | -€9,653 | -15.5% |
| Tangible fixed assets | 22/27 | €60,879 | €51,226 | -€9,653 | -15.9% |
| Land and buildings | 22 | €60,879 | €51,226 | -€9,653 | -15.9% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €19,077 | €13,409 | -€5,668 | -29.7% |
| Amounts receivable within one year | 40/41 | €19,077 | €11,079 | -€7,998 | -41.9% |
| Trade receivables | 40 | €19,077 | €9,108 | -€9,969 | -52.3% |
| Other amounts receivable | 41 | - | €1,971 | +€1,971 | |
| Cash at bank and in hand | 54/58 | - | €2,330 | +€2,330 | |
| Total equity and liabilities | 10/49 | €81,456 | €66,135 | -€15,321 | -18.8% |
| Equity | 10/15 | €64,024 | €58,402 | -€5,622 | -8.8% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €55,838 | €55,838 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,800 | €2,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,800 | €2,800 | = | 0.0% |
| Distributable reserves | 133 | €53,038 | €53,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,813 | -€25,435 | -€5,622 | -28.4% |
| Amounts payable | 17/49 | €17,432 | €7,733 | -€9,699 | -55.6% |
| Amounts payable within one year | 42/48 | €14,960 | €6,078 | -€8,881 | -59.4% |
| Financial debts | 43 | €3,140 | - | -€3,140 | |
| Credit institutions | 430/8 | €3,140 | - | -€3,140 | |
| Trade debts | 44 | €8,215 | - | -€8,215 | |
| Suppliers | 440/4 | €8,215 | - | -€8,215 | |
| Other amounts payable | 47/48 | €3,605 | €6,078 | +€2,473 | +68.6% |
| Accrued charges and deferred income | 492/3 | €2,472 | €1,654 | -€818 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,152 | €9,653 | +€501 | +5.5% |
| Other operating charges | 640/8 | €3,782 | €3,703 | -€79 | -2.1% |
| Gross operating margin | 9900 | €19,119 | €8,475 | -€10,644 | -55.7% |
| Operating profit (loss) | 9901 | €6,185 | -€4,881 | -€11,066 | |
| Financial charges | 65/66B | €1,019 | €741 | -€278 | -27.3% |
| Recurring financial charges | 65 | €1,019 | €741 | -€278 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €5,165 | -€5,622 | -€10,788 | |
| Profit (loss) for the period | 9904 | €5,165 | -€5,622 | -€10,788 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,165 | -€5,622 | -€10,788 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.