MERTENS TECHNICAL SUPPORT: 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 TECHNICAL SUPPORT
Largest movements
- Current investments +€25,383
up €25,383 (+31.7%), from €80,000 to €105,383
- Receivables within one year -€3,022
down €3,022 (-15.5%), from €19,532 to €16,510
of which Other amounts receivable: -€4,203
- Deferred charges and accrued income -€2,380
down €2,380 (-100%), from €2,380 to €0
- Cash -€1,755
down €1,755 (-7.0%), from €24,997 to €23,242
mainly Contributions, distributions and other (-€108,382) and Current investments (-€25,383)
- Other debts +€74,912
up €74,912 (+2,004%), from €3,738 to €78,650
- Reserves -€53,174
down €53,174 (-48.4%), from €109,774 to €56,601
- Trade debts -€4,676
down €4,676 (-60.6%), from €7,714 to €3,039
- Financial income +€2,183
up €2,183 (+259,900%), from €1 to €2,184
- Gross operating margin +€2,146
up €2,146 (+3.1%), from €69,795 to €71,942
- Other operating charges +€1,070
up €1,070 (+262%), from €408 to €1,479
- Taxes +€858
up €858 (+5.7%), from €15,120 to €15,978
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 | €128,588 | €146,048 | +€17,460 | +13.6% |
| Fixed assets | 21/28 | €1,679 | €914 | -€765 | -45.6% |
| Tangible fixed assets | 22/27 | €1,679 | €914 | -€765 | -45.6% |
| Furniture and vehicles | 24 | €1,679 | €914 | -€765 | -45.6% |
| Current assets | 29/58 | €126,909 | €145,134 | +€18,225 | +14.4% |
| Amounts receivable within one year | 40/41 | €19,532 | €16,510 | -€3,022 | -15.5% |
| Trade receivables | 40 | €14,652 | €15,833 | +€1,181 | +8.1% |
| Other amounts receivable | 41 | €4,880 | €677 | -€4,203 | -86.1% |
| Current investments | 50/53 | €80,000 | €105,383 | +€25,383 | +31.7% |
| Cash at bank and in hand | 54/58 | €24,997 | €23,242 | -€1,755 | -7.0% |
| Deferred charges and accrued income | 490/1 | €2,380 | €0 | -€2,380 | -100% |
| Total equity and liabilities | 10/49 | €128,588 | €146,048 | +€17,460 | +13.6% |
| Equity | 10/15 | €111,774 | €58,601 | -€53,174 | -47.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €109,774 | €56,601 | -€53,174 | -48.4% |
| Distributable reserves | 133 | €109,774 | €56,601 | -€53,174 | -48.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,814 | €87,448 | +€70,634 | +420% |
| Amounts payable within one year | 42/48 | €16,814 | €87,448 | +€70,634 | +420% |
| Trade debts | 44 | €7,714 | €3,039 | -€4,676 | -60.6% |
| Suppliers | 440/4 | €7,714 | €3,039 | -€4,676 | -60.6% |
| Taxes, remuneration and social security | 45 | €5,362 | €5,759 | +€397 | +7.4% |
| Taxes | 450/3 | €1,977 | €5,738 | +€3,760 | +190% |
| Remuneration and social security | 454/9 | €3,385 | €22 | -€3,363 | -99.4% |
| Other amounts payable | 47/48 | €3,738 | €78,650 | +€74,912 | +2,004% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,018 | €765 | -€252 | -24.8% |
| Other operating charges | 640/8 | €408 | €1,479 | +€1,070 | +262% |
| Gross operating margin | 9900 | €69,795 | €71,942 | +€2,146 | +3.1% |
| Operating profit (loss) | 9901 | €68,369 | €69,698 | +€1,328 | +1.9% |
| Financial income | 75/76B | €1 | €2,184 | +€2,183 | +259,900% |
| Recurring financial income | 75 | €1 | €2,184 | +€2,183 | +259,900% |
| Financial charges | 65/66B | €76 | €695 | +€619 | +809% |
| Recurring financial charges | 65 | €76 | €695 | +€619 | +809% |
| Profit (loss) for the period before taxes | 9903 | €68,294 | €71,187 | +€2,893 | +4.2% |
| Income taxes | 67/77 | €15,120 | €15,978 | +€858 | +5.7% |
| Profit (loss) for the period | 9904 | €53,174 | €55,208 | +€2,034 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,174 | €55,208 | +€2,034 | +3.8% |
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 15 October 2026 via checked.be.