Mestrez Consulting: 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.
Mestrez Consulting
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€78,305
down €78,305 (-64.5%), from €121,369 to €43,064
mainly Current investments (-€100,000) and Receivables within one year (-€20,661)
- Receivables within one year +€20,661
up €20,661 (+139%), from €14,889 to €35,551
of which Trade receivables: +€17,920
- Reserves +€40,587
up €40,587 (+31.4%), from €129,206 to €169,793
- Tax, wage and social debts +€3,709
up €3,709 (+47.3%), from €7,849 to €11,559
- Gross operating margin -€10,558
down €10,558 (-16.5%), from €63,841 to €53,283
- Taxes -€1,451
down €1,451 (-10.8%), from €13,395 to €11,945
- Financial income +€1,312
up €1,312 (+146%), from €898 to €2,210
- Other operating charges +€904
up €904 (+127%), from €711 to €1,615
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 | €142,907 | €186,920 | +€44,012 | +30.8% |
| Fixed assets | 21/28 | €3,894 | €5,189 | +€1,295 | +33.2% |
| Tangible fixed assets | 22/27 | €3,894 | €5,189 | +€1,295 | +33.2% |
| Furniture and vehicles | 24 | - | €1,727 | +€1,727 | |
| Other tangible fixed assets | 26 | €3,894 | €3,462 | -€433 | -11.1% |
| Current assets | 29/58 | €139,013 | €181,731 | +€42,718 | +30.7% |
| Amounts receivable within one year | 40/41 | €14,889 | €35,551 | +€20,661 | +139% |
| Trade receivables | 40 | €13,613 | €31,533 | +€17,920 | +132% |
| Other amounts receivable | 41 | €1,277 | €4,018 | +€2,741 | +215% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €121,369 | €43,064 | -€78,305 | -64.5% |
| Deferred charges and accrued income | 490/1 | €2,755 | €3,116 | +€361 | +13.1% |
| Total equity and liabilities | 10/49 | €142,907 | €186,920 | +€44,012 | +30.8% |
| Equity | 10/15 | €132,206 | €172,793 | +€40,587 | +30.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €129,206 | €169,793 | +€40,587 | +31.4% |
| Distributable reserves | 133 | €129,206 | €169,793 | +€40,587 | +31.4% |
| Amounts payable | 17/49 | €10,702 | €14,127 | +€3,425 | +32.0% |
| Amounts payable within one year | 42/48 | €10,702 | €14,127 | +€3,425 | +32.0% |
| Trade debts | 44 | €2,007 | €2,351 | +€345 | +17.2% |
| Suppliers | 440/4 | €2,007 | €2,351 | +€345 | +17.2% |
| Taxes, remuneration and social security | 45 | €7,849 | €11,559 | +€3,709 | +47.3% |
| Taxes | 450/3 | €7,849 | €11,559 | +€3,709 | +47.3% |
| Other amounts payable | 47/48 | €846 | €217 | -€629 | -74.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262 | €558 | +€295 | +113% |
| Other operating charges | 640/8 | €711 | €1,615 | +€904 | +127% |
| Gross operating margin | 9900 | €63,841 | €53,283 | -€10,558 | -16.5% |
| Operating profit (loss) | 9901 | €62,868 | €51,111 | -€11,757 | -18.7% |
| Financial income | 75/76B | €898 | €2,210 | +€1,312 | +146% |
| Recurring financial income | 75 | €898 | €2,210 | +€1,312 | +146% |
| Financial charges | 65/66B | €744 | €789 | +€45 | +6.1% |
| Recurring financial charges | 65 | €744 | €789 | +€45 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €63,023 | €52,532 | -€10,491 | -16.6% |
| Income taxes | 67/77 | €13,395 | €11,945 | -€1,451 | -10.8% |
| Profit (loss) for the period | 9904 | €49,627 | €40,587 | -€9,040 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,627 | €40,587 | -€9,040 | -18.2% |
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 29 October 2026 via checked.be.