Mondeco: 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.
Mondeco
Largest movements
- Cash +€229,903
up €229,903 (+158%), from €145,893 to €375,796
mainly Net result for the year (+€128,936) and Trade debts (+€85,180)
- Receivables within one year -€58,297
down €58,297 (-51.0%), from €114,291 to €55,994
of which Trade receivables: -€60,729
- Tangible fixed assets -€37,210
down €37,210 (-9.1%), from €408,750 to €371,539
of which Furniture and vehicles: -€24,157
- Stocks and contracts -€28,932
down €28,932 (-3.8%), from €760,084 to €731,151
- Profit (loss) carried forward +€128,936
up €128,936 (+70.7%), from €182,350 to €311,286
- Debts after one year -€102,308
down €102,308 (-12.0%), from €854,420 to €752,111
of which Other amounts payable: -€69,000
- Trade debts +€85,180
new in 2025: €85,180
- Write-downs +€98,007
new in 2025: €98,007
- Gross operating margin -€84,279
down €84,279 (-13.0%), from €646,767 to €562,487
- Staff costs -€63,350
down €63,350 (-26.2%), from €242,229 to €178,879
- Depreciation -€43,129
down €43,129 (-54.6%), from €79,034 to €35,906
- Taxes -€18,110
down €18,110 (-30.7%), from €59,001 to €40,890
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 | €1,440,182 | €1,542,285 | +€102,102 | +7.1% |
| Fixed assets | 21/28 | €414,800 | €379,043 | -€35,757 | -8.6% |
| Intangible fixed assets | 21 | €5,559 | €2,355 | -€3,204 | -57.6% |
| Tangible fixed assets | 22/27 | €408,750 | €371,539 | -€37,210 | -9.1% |
| Land and buildings | 22 | €341,248 | €330,195 | -€11,053 | -3.2% |
| Plant, machinery and equipment | 23 | €3,599 | €1,599 | -€2,000 | -55.6% |
| Furniture and vehicles | 24 | €63,903 | €39,746 | -€24,157 | -37.8% |
| Financial fixed assets | 28 | €491 | €5,148 | +€4,658 | +949% |
| Current assets | 29/58 | €1,025,382 | €1,163,242 | +€137,859 | +13.4% |
| Stocks and contracts in progress | 3 | €760,084 | €731,151 | -€28,932 | -3.8% |
| Stocks | 30/36 | €760,084 | €731,151 | -€28,932 | -3.8% |
| Amounts receivable within one year | 40/41 | €114,291 | €55,994 | -€58,297 | -51.0% |
| Trade receivables | 40 | €111,879 | €51,150 | -€60,729 | -54.3% |
| Other amounts receivable | 41 | €2,412 | €4,844 | +€2,433 | +101% |
| Cash at bank and in hand | 54/58 | €145,893 | €375,796 | +€229,903 | +158% |
| Deferred charges and accrued income | 490/1 | €5,114 | €299 | -€4,815 | -94.1% |
| Total equity and liabilities | 10/49 | €1,440,182 | €1,542,285 | +€102,102 | +7.1% |
| Equity | 10/15 | €192,350 | €321,286 | +€128,936 | +67.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,350 | €311,286 | +€128,936 | +70.7% |
| Amounts payable | 17/49 | €1,247,832 | €1,220,999 | -€26,833 | -2.2% |
| Amounts payable after more than one year | 17 | €854,420 | €752,111 | -€102,308 | -12.0% |
| Financial debts | 170/4 | €431,106 | €397,798 | -€33,308 | -7.7% |
| Other amounts payable | 178/9 | €423,313 | €354,313 | -€69,000 | -16.3% |
| Amounts payable within one year | 42/48 | €392,412 | €463,085 | +€70,672 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €36,886 | €33,308 | -€3,577 | -9.7% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | - | €85,180 | +€85,180 | |
| Suppliers | 440/4 | - | €85,180 | +€85,180 | |
| Taxes, remuneration and social security | 45 | €72,885 | €61,676 | -€11,209 | -15.4% |
| Taxes | 450/3 | €55,546 | €44,099 | -€11,447 | -20.6% |
| Remuneration and social security | 454/9 | €17,340 | €17,577 | +€237 | +1.4% |
| Other amounts payable | 47/48 | €32,641 | €32,921 | +€279 | +0.9% |
| Accrued charges and deferred income | 492/3 | €1,000 | €5,803 | +€4,803 | +480% |
| Remuneration, social security and pensions | 62 | €242,229 | €178,879 | -€63,350 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,034 | €35,906 | -€43,129 | -54.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €98,007 | +€98,007 | |
| Other operating charges | 640/8 | €18,010 | €10,608 | -€7,403 | -41.1% |
| Gross operating margin | 9900 | €646,767 | €562,487 | -€84,279 | -13.0% |
| Operating profit (loss) | 9901 | €307,493 | €239,088 | -€68,405 | -22.2% |
| Financial income | 75/76B | €513 | €289 | -€224 | -43.6% |
| Recurring financial income | 75 | €513 | €289 | -€224 | -43.6% |
| Financial charges | 65/66B | €66,655 | €69,551 | +€2,896 | +4.3% |
| Recurring financial charges | 65 | €66,655 | €69,551 | +€2,896 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €241,351 | €169,826 | -€71,525 | -29.6% |
| Income taxes | 67/77 | €59,001 | €40,890 | -€18,110 | -30.7% |
| Profit (loss) for the period | 9904 | €182,350 | €128,936 | -€53,415 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €182,350 | €128,936 | -€53,415 | -29.3% |
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 18 October 2026 via checked.be.