Mercury Trade: 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.
Mercury Trade
Largest movements
- Tangible fixed assets +€32,899
up €32,899 (+158%), from €20,779 to €53,677
- Cash +€4,049
up €4,049 (+12.5%), from €32,272 to €36,321
mainly Net result for the year (+€40,739) and Depreciation (+€10,213)
- Receivables within one year -€1,572
down €1,572 (-9.9%), from €15,818 to €14,246
of which Other amounts receivable: -€913
- Reserves +€40,775
up €40,775 (+105%), from €38,700 to €79,475
- Other debts -€9,997
down €9,997 (-80.9%), from €12,351 to €2,354
- Tax, wage and social debts +€4,311
up €4,311 (+34.9%), from €12,336 to €16,647
- Gross operating margin +€10,048
up €10,048 (+18.9%), from €53,195 to €63,244
- Depreciation +€7,014
up €7,014 (+219%), from €3,200 to €10,213
- Financial charges +€865
up €865 (+2,060%), from €42 to €907
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 | €69,535 | €104,244 | +€34,709 | +49.9% |
| Fixed assets | 21/28 | €20,779 | €53,677 | +€32,899 | +158% |
| Tangible fixed assets | 22/27 | €20,779 | €53,677 | +€32,899 | +158% |
| Furniture and vehicles | 24 | €20,779 | €53,677 | +€32,899 | +158% |
| Current assets | 29/58 | €48,756 | €50,567 | +€1,811 | +3.7% |
| Amounts receivable within one year | 40/41 | €15,818 | €14,246 | -€1,572 | -9.9% |
| Trade receivables | 40 | €13,848 | €13,189 | -€659 | -4.8% |
| Other amounts receivable | 41 | €1,970 | €1,057 | -€913 | -46.3% |
| Cash at bank and in hand | 54/58 | €32,272 | €36,321 | +€4,049 | +12.5% |
| Deferred charges and accrued income | 490/1 | €666 | - | -€666 | |
| Total equity and liabilities | 10/49 | €69,535 | €104,244 | +€34,709 | +49.9% |
| Equity | 10/15 | €43,738 | €84,477 | +€40,739 | +93.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,700 | €79,475 | +€40,775 | +105% |
| Distributable reserves | 133 | €38,700 | €79,475 | +€40,775 | +105% |
| Profit (loss) carried forward | 14 | €38 | €2 | -€36 | -94.6% |
| Amounts payable | 17/49 | €25,796 | €19,767 | -€6,029 | -23.4% |
| Amounts payable within one year | 42/48 | €25,796 | €19,767 | -€6,029 | -23.4% |
| Trade debts | 44 | €1,110 | €767 | -€343 | -30.9% |
| Suppliers | 440/4 | €1,110 | €767 | -€343 | -30.9% |
| Taxes, remuneration and social security | 45 | €12,336 | €16,647 | +€4,311 | +34.9% |
| Taxes | 450/3 | €12,336 | €16,647 | +€4,311 | +34.9% |
| Other amounts payable | 47/48 | €12,351 | €2,354 | -€9,997 | -80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,200 | €10,213 | +€7,014 | +219% |
| Other operating charges | 640/8 | €590 | €453 | -€137 | -23.3% |
| Gross operating margin | 9900 | €53,195 | €63,244 | +€10,048 | +18.9% |
| Operating profit (loss) | 9901 | €49,406 | €52,578 | +€3,172 | +6.4% |
| Financial charges | 65/66B | €42 | €907 | +€865 | +2,060% |
| Recurring financial charges | 65 | €42 | €907 | +€865 | +2,060% |
| Profit (loss) for the period before taxes | 9903 | €49,364 | €51,670 | +€2,307 | +4.7% |
| Income taxes | 67/77 | €10,625 | €10,932 | +€307 | +2.9% |
| Profit (loss) for the period | 9904 | €38,738 | €40,739 | +€2,000 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,738 | €40,739 | +€2,000 | +5.2% |
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.