MONDEA: 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.
MONDEA
Largest movements
- Cash +€516,923
up €516,923 (+106.1%), from €487,390 to €1.0m
mainly Net result for the year (+€2.3m) and Receivables within one year (+€365,589)
- Receivables within one year -€365,589
down €365,589 (-14.2%), from €2.6m to €2.2m
of which Trade receivables: -€247,070
- Deferred charges and accrued income +€265,900
up €265,900 (+34.5%), from €770,018 to €1.0m
- Current investments +€248,998
new in 2025: €248,998
- Tangible fixed assets +€235,730
up €235,730 (+11.5%), from €2.0m to €2.3m
of which Land and buildings: +€275,362
- Profit (loss) carried forward +€2.0m
up €2.0m (+235.5%), from €856,855 to €2.9m
- Trade debts -€609,615
down €609,615 (-31.0%), from €2.0m to €1.4m
- Debts after one year -€535,484
down €535,484 (-25.5%), from €2.1m to €1.6m
- Current portion of long-term debt -€106,366
down €106,366 (-34.3%), from €309,670 to €203,304
- Tax, wage and social debts -€82,078
down €82,078 (-21.1%), from €388,970 to €306,891
of which Remuneration and social security: -€50,936
- Financial income +€1.9m
up €1.9m (+127415.0%), from €1,524 to €1.9m
- Staff costs +€341,908
up €341,908 (+13.5%), from €2.5m to €2.9m
- Gross operating margin +€313,345
up €313,345 (+9.4%), from €3.3m to €3.6m
- Write-downs -€82,362
down €82,362, from €7,747 to -€74,615
- Financial charges +€40,485
up €40,485 (+106.4%), from €38,036 to €78,521
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 | €6,125,457 | €6,840,746 | +€715,289 | +11.7% |
| Fixed assets | 21/28 | €2,292,931 | €2,341,987 | +€49,057 | +2.1% |
| Intangible fixed assets | 21 | €3,216 | €2,173 | -€1,044 | -32.4% |
| Tangible fixed assets | 22/27 | €2,041,644 | €2,277,375 | +€235,730 | +11.5% |
| Land and buildings | 22 | €1,388,783 | €1,664,145 | +€275,362 | +19.8% |
| Plant, machinery and equipment | 23 | €71,801 | €101,019 | +€29,219 | +40.7% |
| Furniture and vehicles | 24 | €247,154 | €185,917 | -€61,236 | -24.8% |
| Other tangible fixed assets | 26 | €333,907 | €310,071 | -€23,836 | -7.1% |
| Assets under construction and advance payments | 27 | - | €16,222 | +€16,222 | |
| Financial fixed assets | 28 | €248,070 | €62,440 | -€185,630 | -74.8% |
| Current assets | 29/58 | €3,832,526 | €4,498,759 | +€666,232 | +17.4% |
| Amounts receivable within one year | 40/41 | €2,575,118 | €2,209,529 | -€365,589 | -14.2% |
| Trade receivables | 40 | €2,423,821 | €2,176,751 | -€247,070 | -10.2% |
| Other amounts receivable | 41 | €151,297 | €32,778 | -€118,519 | -78.3% |
| Current investments | 50/53 | - | €248,998 | +€248,998 | |
| Cash at bank and in hand | 54/58 | €487,390 | €1,004,313 | +€516,923 | +106.1% |
| Deferred charges and accrued income | 490/1 | €770,018 | €1,035,918 | +€265,900 | +34.5% |
| Total equity and liabilities | 10/49 | €6,125,457 | €6,840,746 | +€715,289 | +11.7% |
| Equity | 10/15 | €1,090,410 | €3,108,247 | +€2.0m | +185.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €227,355 | €227,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €225,500 | €225,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €856,855 | €2,874,692 | +€2.0m | +235.5% |
| Amounts payable | 17/49 | €5,035,046 | €3,732,499 | -€1.3m | -25.9% |
| Amounts payable after more than one year | 17 | €2,099,114 | €1,563,631 | -€535,484 | -25.5% |
| Financial debts | 170/4 | €2,099,114 | €1,563,631 | -€535,484 | -25.5% |
| Amounts payable within one year | 42/48 | €2,935,932 | €2,168,868 | -€767,064 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €309,670 | €203,304 | -€106,366 | -34.3% |
| Trade debts | 44 | €1,968,288 | €1,358,673 | -€609,615 | -31.0% |
| Suppliers | 440/4 | €1,968,288 | €1,358,673 | -€609,615 | -31.0% |
| Taxes, remuneration and social security | 45 | €388,970 | €306,891 | -€82,078 | -21.1% |
| Taxes | 450/3 | €31,143 | - | -€31,143 | |
| Remuneration and social security | 454/9 | €357,827 | €306,891 | -€50,936 | -14.2% |
| Other amounts payable | 47/48 | €269,004 | €300,000 | +€30,996 | +11.5% |
| Remuneration, social security and pensions | 62 | €2,535,589 | €2,877,497 | +€341,908 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,002 | €172,452 | +€22,450 | +15.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,747 | -€74,615 | -€82,362 | |
| Other operating charges | 640/8 | €33,239 | €7,568 | -€25,671 | -77.2% |
| Gross operating margin | 9900 | €3,317,148 | €3,630,493 | +€313,345 | +9.4% |
| Operating profit (loss) | 9901 | €590,570 | €647,590 | +€57,020 | +9.7% |
| Financial income | 75/76B | €1,524 | €1,943,660 | +€1.9m | +127415.0% |
| Recurring financial income | 75 | €1,524 | €1,943,660 | +€1.9m | +127415.0% |
| Financial charges | 65/66B | €38,036 | €78,521 | +€40,485 | +106.4% |
| Recurring financial charges | 65 | €38,036 | €78,521 | +€40,485 | +106.4% |
| Profit (loss) for the period before taxes | 9903 | €554,058 | €2,512,730 | +€2.0m | +353.5% |
| Income taxes | 67/77 | €174,873 | €194,893 | +€20,020 | +11.4% |
| Profit (loss) for the period | 9904 | €379,185 | €2,317,837 | +€1.9m | +511.3% |
| Profit (loss) for the period to be appropriated | 9905 | €379,185 | €2,317,837 | +€1.9m | +511.3% |
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.