MNTR: 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.
MNTR
Largest movements
- Cash +€71,629
up €71,629 (+106.4%), from €67,307 to €138,936
mainly Other debts (+€73,776) and Depreciation (+€19,192)
- Tangible fixed assets -€14,092
down €14,092 (-33.2%), from €42,497 to €28,404
of which Furniture and vehicles: -€11,459
- Receivables within one year +€12,554
up €12,554 (+1318.5%), from €952 to €13,506
of which Trade receivables: +€12,100
- Other debts +€73,776
up €73,776 (+95.3%), from €77,387 to €151,163
- Tax, wage and social debts -€4,073
down €4,073 (-55.3%), from €7,363 to €3,290
- Gross operating margin -€29,511
down €29,511 (-59.9%), from €49,257 to €19,746
- Taxes -€6,857
no longer reported in 2025 (was €6,857)
- Depreciation +€3,338
up €3,338 (+21.1%), from €15,853 to €19,192
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.
Cash bridge derived
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 | €110,898 | €180,993 | +€70,095 | +63.2% |
| Fixed assets | 21/28 | €42,497 | €28,404 | -€14,092 | -33.2% |
| Tangible fixed assets | 22/27 | €42,497 | €28,404 | -€14,092 | -33.2% |
| Plant, machinery and equipment | 23 | €8,735 | €6,102 | -€2,633 | -30.1% |
| Furniture and vehicles | 24 | €33,762 | €22,302 | -€11,459 | -33.9% |
| Current assets | 29/58 | €68,401 | €152,588 | +€84,187 | +123.1% |
| Amounts receivable within one year | 40/41 | €952 | €13,506 | +€12,554 | +1318.5% |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Other amounts receivable | 41 | €952 | €1,406 | +€454 | +47.7% |
| Cash at bank and in hand | 54/58 | €67,307 | €138,936 | +€71,629 | +106.4% |
| Deferred charges and accrued income | 490/1 | €142 | €146 | +€4 | +2.8% |
| Total equity and liabilities | 10/49 | €110,898 | €180,993 | +€70,095 | +63.2% |
| Equity | 10/15 | €24,923 | €24,820 | -€103 | -0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,923 | €19,820 | -€103 | -0.5% |
| Amounts payable | 17/49 | €85,975 | €156,173 | +€70,198 | +81.7% |
| Amounts payable within one year | 42/48 | €85,975 | €156,173 | +€70,198 | +81.7% |
| Trade debts | 44 | €1,225 | €1,720 | +€495 | +40.4% |
| Suppliers | 440/4 | €1,225 | €1,720 | +€495 | +40.4% |
| Taxes, remuneration and social security | 45 | €7,363 | €3,290 | -€4,073 | -55.3% |
| Taxes | 450/3 | €7,363 | €3,290 | -€4,073 | -55.3% |
| Other amounts payable | 47/48 | €77,387 | €151,163 | +€73,776 | +95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,853 | €19,192 | +€3,338 | +21.1% |
| Other operating charges | 640/8 | €548 | €571 | +€23 | +4.1% |
| Gross operating margin | 9900 | €49,257 | €19,746 | -€29,511 | -59.9% |
| Operating profit (loss) | 9901 | €32,856 | -€16 | -€32,872 | |
| Financial income | 75/76B | €53 | €53 | -€0 | -0.1% |
| Recurring financial income | 75 | €53 | €53 | -€0 | -0.1% |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €32,769 | -€103 | -€32,872 | |
| Income taxes | 67/77 | €6,857 | - | -€6,857 | |
| Profit (loss) for the period | 9904 | €25,911 | -€103 | -€26,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,911 | -€103 | -€26,015 |
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 10 October 2026 via checked.be.