Mondial: 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.
What changed
Mondial
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€23,557
2023 · €54,087-€30,531
Equity
€6.6m
2023 · €6.6m+€23,557
Cash
€49,656
2023 · €26,675+€22,981
Balance sheet total
€10.6m
2023 · €10.8m-€154,496
Largest movements
Assets
- Tangible fixed assets -€176,922
down €176,922 (-1.8%), from €10.0m to €9.8m
of which Land and buildings: -€177,532
Equity and liabilities
- Short-term financial debts -€483,512
down €483,512 (-36.7%), from €1.3m to €835,017
- Debts after one year +€187,996
up €187,996 (+11.4%), from €1.6m to €1.8m
Income statement
- Depreciation -€33,910
down €33,910 (-15.9%), from €212,681 to €178,771
- Financial charges +€28,738
up €28,738 (+29.3%), from €97,957 to €126,695
- Taxes +€21,866
up €21,866 (+8,698%), from €251 to €22,118
- Other operating charges +€17,795
up €17,795 (+29.5%), from €60,337 to €78,133
- Gross operating margin +€4,804
up €4,804 (+1.2%), from €402,722 to €407,526
From the 2023 result to the 2024 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.
Result 2023
€54,087
Gross operating margin
+€4,804
Depreciation
+€33,910
Other operating charges
-€17,795
Financial income
+€1
Financial charges
-€28,738
Taxes
-€21,866
Deferred taxes and other
-€846
Result 2024
€23,557
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€332,420
Investment
-€1,849
Financing
-€307,590
Cash 2023
€26,675
From operations (derived)
+€332,420
Net result for the year
+€23,557
Depreciation
+€178,771
Receivables within one year
+€554
Provisions
-€21,746
Trade debts
+€79,879
Tax, wage and social debts
+€22,118
Other debts
+€49,287
Investment (derived)
-€1,849
Investment in fixed assets (net)
-€1,849
Financing
-€307,590
Debts after one year
+€187,996
Current portion of long-term debt
-€12,074
Short-term financial debts
-€483,512
Cash 2024
€49,656
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,763,394 | €10,608,898 | -€154,496 | -1.4% |
| Fixed assets | 21/28 | €10,021,296 | €9,844,374 | -€176,922 | -1.8% |
| Tangible fixed assets | 22/27 | €10,020,002 | €9,843,080 | -€176,922 | -1.8% |
| Land and buildings | 22 | €10,017,408 | €9,839,875 | -€177,532 | -1.8% |
| Plant, machinery and equipment | 23 | €2,235 | €1,612 | -€624 | -27.9% |
| Furniture and vehicles | 24 | €359 | €1,593 | +€1,233 | +343% |
| Financial fixed assets | 28 | €1,294 | €1,294 | = | 0.0% |
| Current assets | 29/58 | €742,098 | €764,524 | +€22,426 | +3.0% |
| Stocks and contracts in progress | 3 | €577,593 | €577,593 | = | 0.0% |
| Stocks | 30/36 | €577,593 | €577,593 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €137,830 | €137,275 | -€554 | -0.4% |
| Trade receivables | 40 | €7,684 | €7,684 | = | 0.0% |
| Other amounts receivable | 41 | €130,146 | €129,591 | -€554 | -0.4% |
| Cash at bank and in hand | 54/58 | €26,675 | €49,656 | +€22,981 | +86.2% |
| Total equity and liabilities | 10/49 | €10,763,394 | €10,608,898 | -€154,496 | -1.4% |
| Equity | 10/15 | €6,600,198 | €6,623,754 | +€23,557 | +0.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €6,175,807 | €6,175,807 | = | 0.0% |
| Reserves | 13 | €350,685 | €308,472 | -€42,214 | -12.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €338,779 | €296,565 | -€42,214 | -12.5% |
| Distributable reserves | 133 | €1,990 | €1,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,294 | €39,476 | +€65,771 | |
| Provisions and deferred taxes | 16 | €174,435 | €152,688 | -€21,746 | -12.5% |
| Deferred taxes | 168 | €174,435 | €152,688 | -€21,746 | -12.5% |
| Amounts payable | 17/49 | €3,988,762 | €3,832,455 | -€156,306 | -3.9% |
| Amounts payable after more than one year | 17 | €1,649,706 | €1,837,702 | +€187,996 | +11.4% |
| Financial debts | 170/4 | €1,649,706 | €1,837,702 | +€187,996 | +11.4% |
| Amounts payable within one year | 42/48 | €2,334,338 | €1,990,035 | -€344,303 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €287,555 | €275,481 | -€12,074 | -4.2% |
| Financial debts | 43 | €1,318,529 | €835,017 | -€483,512 | -36.7% |
| Other loans | 439 | €1,318,529 | €835,017 | -€483,512 | -36.7% |
| Trade debts | 44 | €78,028 | €157,907 | +€79,879 | +102% |
| Suppliers | 440/4 | €78,028 | €157,907 | +€79,879 | +102% |
| Taxes, remuneration and social security | 45 | €134 | €22,252 | +€22,118 | +16,457% |
| Taxes | 450/3 | €134 | €22,252 | +€22,118 | +16,457% |
| Other amounts payable | 47/48 | €650,091 | €699,378 | +€49,287 | +7.6% |
| Accrued charges and deferred income | 492/3 | €4,718 | €4,718 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212,681 | €178,771 | -€33,910 | -15.9% |
| Other operating charges | 640/8 | €60,337 | €78,133 | +€17,795 | +29.5% |
| Gross operating margin | 9900 | €402,722 | €407,526 | +€4,804 | +1.2% |
| Operating profit (loss) | 9901 | €129,703 | €150,622 | +€20,918 | +16.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +6,200% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +6,200% |
| Financial charges | 65/66B | €97,957 | €126,695 | +€28,738 | +29.3% |
| Recurring financial charges | 65 | €97,957 | €126,695 | +€28,738 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €31,746 | €23,928 | -€7,818 | -24.6% |
| Transfer from deferred taxes | 780 | €22,592 | €21,746 | -€846 | -3.7% |
| Income taxes | 67/77 | €251 | €22,118 | +€21,866 | +8,698% |
| Profit (loss) for the period | 9904 | €54,087 | €23,557 | -€30,531 | -56.4% |
| Transfer from tax-exempt reserves | 789 | €43,856 | €42,214 | -€1,642 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,943 | €65,771 | -€32,173 | -32.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.