Mond Itegem: 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.
Mond Itegem
Largest movements
- Cash -€77,454
down €77,454 (-25.1%), from €308,696 to €231,242
mainly Contributions, distributions and other (-€150,000) and Other debts (-€94,352)
- Tangible fixed assets -€72,068
down €72,068 (-23.3%), from €309,132 to €237,064
of which Plant, machinery and equipment: -€39,488
- Receivables within one year -€9,706
down €9,706 (-31.8%), from €30,549 to €20,843
of which Trade receivables: -€12,133
- Other debts -€94,352
down €94,352 (-33.7%), from €279,971 to €185,619
- Debts after one year -€45,241
down €45,241 (-29.0%), from €155,811 to €110,570
- Trade debts -€43,444
down €43,444 (-25.6%), from €169,621 to €126,177
- Profit (loss) carried forward +€21,532
up €21,532, from €0 to €21,532
- Gross operating margin -€19,411
down €19,411 (-2.8%), from €694,903 to €675,492
- Depreciation +€8,980
up €8,980 (+10.2%), from €88,305 to €97,285
- Taxes -€7,749
down €7,749 (-11.4%), from €68,084 to €60,335
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 | €731,974 | €569,370 | -€162,603 | -22.2% |
| Fixed assets | 21/28 | €310,178 | €237,735 | -€72,443 | -23.4% |
| Intangible fixed assets | 21 | €1,046 | €672 | -€374 | -35.8% |
| Tangible fixed assets | 22/27 | €309,132 | €237,064 | -€72,068 | -23.3% |
| Land and buildings | 22 | €71,359 | €53,126 | -€18,233 | -25.6% |
| Plant, machinery and equipment | 23 | €183,587 | €144,099 | -€39,488 | -21.5% |
| Furniture and vehicles | 24 | €29,175 | €27,250 | -€1,925 | -6.6% |
| Leasing and similar rights | 25 | €25,011 | €12,588 | -€12,423 | -49.7% |
| Current assets | 29/58 | €421,796 | €331,635 | -€90,161 | -21.4% |
| Stocks and contracts in progress | 3 | €74,829 | €74,703 | -€126 | -0.2% |
| Stocks | 30/36 | €74,829 | €74,703 | -€126 | -0.2% |
| Amounts receivable within one year | 40/41 | €30,549 | €20,843 | -€9,706 | -31.8% |
| Trade receivables | 40 | €30,549 | €18,416 | -€12,133 | -39.7% |
| Other amounts receivable | 41 | €0 | €2,427 | +€2,427 | |
| Cash at bank and in hand | 54/58 | €308,696 | €231,242 | -€77,454 | -25.1% |
| Deferred charges and accrued income | 490/1 | €7,721 | €4,846 | -€2,875 | -37.2% |
| Total equity and liabilities | 10/49 | €731,974 | €569,370 | -€162,603 | -22.2% |
| Equity | 10/15 | €6,300 | €27,832 | +€21,532 | +342% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €21,532 | +€21,532 | |
| Amounts payable | 17/49 | €725,674 | €541,538 | -€184,136 | -25.4% |
| Amounts payable after more than one year | 17 | €155,811 | €110,570 | -€45,241 | -29.0% |
| Financial debts | 170/4 | €155,811 | €110,570 | -€45,241 | -29.0% |
| Amounts payable within one year | 42/48 | €566,558 | €428,283 | -€138,275 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €51,822 | €45,242 | -€6,580 | -12.7% |
| Trade debts | 44 | €169,621 | €126,177 | -€43,444 | -25.6% |
| Suppliers | 440/4 | €169,621 | €126,177 | -€43,444 | -25.6% |
| Taxes, remuneration and social security | 45 | €65,145 | €71,246 | +€6,101 | +9.4% |
| Taxes | 450/3 | €4,398 | €3,388 | -€1,010 | -23.0% |
| Remuneration and social security | 454/9 | €60,747 | €67,858 | +€7,111 | +11.7% |
| Other amounts payable | 47/48 | €279,971 | €185,619 | -€94,352 | -33.7% |
| Accrued charges and deferred income | 492/3 | €3,304 | €2,685 | -€619 | -18.7% |
| Remuneration, social security and pensions | 62 | €333,004 | €334,941 | +€1,937 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,305 | €97,285 | +€8,980 | +10.2% |
| Other operating charges | 640/8 | €4,215 | €5,066 | +€851 | +20.2% |
| Gross operating margin | 9900 | €694,903 | €675,492 | -€19,411 | -2.8% |
| Operating profit (loss) | 9901 | €269,379 | €238,200 | -€31,180 | -11.6% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €7,537 | €6,332 | -€1,206 | -16.0% |
| Recurring financial charges | 65 | €7,537 | €6,332 | -€1,206 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €261,843 | €231,868 | -€29,975 | -11.4% |
| Income taxes | 67/77 | €68,084 | €60,335 | -€7,749 | -11.4% |
| Profit (loss) for the period | 9904 | €193,759 | €171,532 | -€22,226 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €193,759 | €171,532 | -€22,226 | -11.5% |
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 19 October 2026 via checked.be.