MERCURY ENGINEERING: what changed
Two fiscal 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.
MERCURY ENGINEERING
Largest movements
- Receivables within one year +€84,673
up €84,673 (+193.4%), from €43,773 to €128,446
of which Other amounts receivable: +€82,173
- Tangible fixed assets -€6,935
down €6,935 (-7.5%), from €91,866 to €84,931
of which Land and buildings: -€6,455
- Advances received +€100,000
new in 2022: €100,000
- Reserves -€23,953
down €23,953 (-46.5%), from €51,514 to €27,561
of which Distributable reserves: -€23,953
- Other operating charges -€1,857
down €1,857 (-81.7%), from €2,274 to €417
- Gross operating margin -€1,775
down €1,775 (-12.1%), from -€14,722 to -€16,497
- Financial income -€891
no longer reported in 2022 (was €891)
From the 2021 result to the 2022 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.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,114 | €214,517 | +€77,402 | +56.5% |
| Fixed assets | 21/28 | €91,866 | €84,931 | -€6,935 | -7.5% |
| Tangible fixed assets | 22/27 | €91,866 | €84,931 | -€6,935 | -7.5% |
| Land and buildings | 22 | €88,508 | €82,053 | -€6,455 | -7.3% |
| Plant, machinery and equipment | 23 | €3,358 | €2,878 | -€480 | -14.3% |
| Current assets | 29/58 | €45,248 | €129,585 | +€84,337 | +186.4% |
| Amounts receivable within one year | 40/41 | €43,773 | €128,446 | +€84,673 | +193.4% |
| Trade receivables | 40 | €714 | €3,214 | +€2,500 | +350.1% |
| Other amounts receivable | 41 | €43,059 | €125,232 | +€82,173 | +190.8% |
| Cash at bank and in hand | 54/58 | €234 | €789 | +€555 | +236.9% |
| Deferred charges and accrued income | 490/1 | €1,241 | €350 | -€891 | -71.8% |
| Total equity and liabilities | 10/49 | €137,114 | €214,517 | +€77,402 | +56.5% |
| Equity | 10/15 | €137,114 | €113,162 | -€23,953 | -17.5% |
| Contributions | 10/11 | €85,601 | €85,601 | = | 0.0% |
| Reserves | 13 | €51,514 | €27,561 | -€23,953 | -46.5% |
| Non-distributable reserves | 130/1 | €8,560 | €8,560 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,560 | €8,560 | = | 0.0% |
| Distributable reserves | 133 | €42,954 | €19,001 | -€23,953 | -55.8% |
| Amounts payable | 17/49 | - | €101,355 | +€101,355 | |
| Amounts payable within one year | 42/48 | - | €101,355 | +€101,355 | |
| Financial debts | 43 | - | €1,355 | +€1,355 | |
| Other loans | 439 | - | €1,355 | +€1,355 | |
| Advances received on contracts in progress | 46 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,951 | €6,935 | -€16 | -0.2% |
| Other operating charges | 640/8 | €2,274 | €417 | -€1,857 | -81.7% |
| Gross operating margin | 9900 | -€14,722 | -€16,497 | -€1,775 | -12.1% |
| Operating profit (loss) | 9901 | -€23,947 | -€23,848 | +€98 | +0.4% |
| Financial income | 75/76B | €891 | - | -€891 | |
| Recurring financial income | 75 | €891 | - | -€891 | |
| Financial charges | 65/66B | €66 | €54 | -€12 | -18.6% |
| Recurring financial charges | 65 | €66 | €54 | -€12 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,122 | -€23,903 | -€780 | -3.4% |
| Income taxes | 67/77 | - | €50 | +€50 | |
| Profit (loss) for the period | 9904 | -€23,122 | -€23,953 | -€830 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,122 | -€23,953 | -€830 | -3.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.