MERTENS - BEHEER: 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.
MERTENS - BEHEER
Largest movements
- Receivables within one year +€7,727
up €7,727 (+9.6%), from €80,147 to €87,874
of which Other amounts receivable: +€7,727
- Tangible fixed assets -€1,010
down €1,010 (-100%), from €1,010 to €0
- Other debts +€10,035
up €10,035 (+20.5%), from €48,913 to €58,949
- Profit (loss) carried forward -€3,196
down €3,196 (-8.4%), from -€37,840 to -€41,036
- Gross operating margin -€863
down €863 (-229%), from -€377 to -€1,240
- Financial charges -€595
down €595 (-40.3%), from €1,475 to €880
- Other operating charges -€124
down €124 (-65.4%), from €190 to €66
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 | €81,212 | €87,926 | +€6,713 | +8.3% |
| Fixed assets | 21/28 | €1,044 | €33 | -€1,010 | -96.8% |
| Tangible fixed assets | 22/27 | €1,010 | €0 | -€1,010 | -100% |
| Plant, machinery and equipment | 23 | €1,010 | €0 | -€1,010 | -100% |
| Financial fixed assets | 28 | €33 | €33 | = | 0.0% |
| Current assets | 29/58 | €80,169 | €87,893 | +€7,724 | +9.6% |
| Amounts receivable within one year | 40/41 | €80,147 | €87,874 | +€7,727 | +9.6% |
| Trade receivables | 40 | €80,047 | €80,047 | = | 0.0% |
| Other amounts receivable | 41 | €100 | €7,827 | +€7,727 | +7,714% |
| Cash at bank and in hand | 54/58 | €22 | €19 | -€3 | -14.7% |
| Total equity and liabilities | 10/49 | €81,212 | €87,926 | +€6,713 | +8.3% |
| Equity | 10/15 | -€29,853 | -€33,048 | -€3,196 | -10.7% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,487 | €1,487 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,487 | €1,487 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,487 | €1,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,840 | -€41,036 | -€3,196 | -8.4% |
| Amounts payable | 17/49 | €111,065 | €120,974 | +€9,909 | +8.9% |
| Amounts payable within one year | 42/48 | €111,065 | €120,974 | +€9,909 | +8.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €12,152 | €12,026 | -€126 | -1.0% |
| Suppliers | 440/4 | €12,152 | €12,026 | -€126 | -1.0% |
| Advances received on contracts in progress | 46 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 47/48 | €48,913 | €58,949 | +€10,035 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,010 | €1,010 | +€0 | 0.0% |
| Other operating charges | 640/8 | €190 | €66 | -€124 | -65.4% |
| Gross operating margin | 9900 | -€377 | -€1,240 | -€863 | -229% |
| Operating profit (loss) | 9901 | -€1,577 | -€2,316 | -€739 | -46.8% |
| Financial charges | 65/66B | €1,475 | €880 | -€595 | -40.3% |
| Recurring financial charges | 65 | €1,475 | €880 | -€595 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,052 | -€3,196 | -€143 | -4.7% |
| Profit (loss) for the period | 9904 | -€3,052 | -€3,196 | -€143 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,052 | -€3,196 | -€143 | -4.7% |
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 29 October 2026 via checked.be.