MONDIAL NIVELLES: 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.
MONDIAL NIVELLES
Largest movements
- Stocks and contracts -€138,568
down €138,568 (-24.1%), from €574,500 to €435,932
- Receivables within one year -€59,238
down €59,238 (-16.6%), from €357,150 to €297,912
of which Trade receivables: -€60,226
- Cash -€29,690
down €29,690 (-66.1%), from €44,932 to €15,243
mainly Accrued charges and deferred income (-€77,957) and Current portion of long-term debt (-€61,102)
- Deferred charges and accrued income +€17,807
up €17,807 (+230%), from €7,742 to €25,550
- Accrued charges and deferred income -€77,957
no longer reported in 2025 (was €77,957)
- Current portion of long-term debt -€61,102
down €61,102 (-20.4%), from €299,572 to €238,470
- Other debts -€59,842
down €59,842 (-50.9%), from €117,574 to €57,732
- Trade debts -€26,682
down €26,682 (-17.3%), from €154,275 to €127,593
- Gross operating margin -€44,356
down €44,356 (-25.9%), from €171,124 to €126,768
- Write-downs -€11,200
down €11,200, from €1,700 to -€9,500
- Provisions +€9,759
new in 2025: €9,759
- Financial charges -€9,155
down €9,155 (-37.4%), from €24,478 to €15,323
- Other operating charges -€8,749
down €8,749 (-40.2%), from €21,761 to €13,012
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 | €1,046,307 | €829,590 | -€216,717 | -20.7% |
| Fixed assets | 21/28 | €61,983 | €54,954 | -€7,028 | -11.3% |
| Tangible fixed assets | 22/27 | €61,983 | €54,954 | -€7,028 | -11.3% |
| Land and buildings | 22 | €45,792 | €40,019 | -€5,773 | -12.6% |
| Plant, machinery and equipment | 23 | €15,793 | €14,043 | -€1,750 | -11.1% |
| Furniture and vehicles | 24 | €398 | €892 | +€494 | +124% |
| Current assets | 29/58 | €984,325 | €774,636 | -€209,689 | -21.3% |
| Stocks and contracts in progress | 3 | €574,500 | €435,932 | -€138,568 | -24.1% |
| Stocks | 30/36 | €574,500 | €435,932 | -€138,568 | -24.1% |
| Amounts receivable within one year | 40/41 | €357,150 | €297,912 | -€59,238 | -16.6% |
| Trade receivables | 40 | €150,281 | €90,055 | -€60,226 | -40.1% |
| Other amounts receivable | 41 | €206,868 | €207,857 | +€988 | +0.5% |
| Cash at bank and in hand | 54/58 | €44,932 | €15,243 | -€29,690 | -66.1% |
| Deferred charges and accrued income | 490/1 | €7,742 | €25,550 | +€17,807 | +230% |
| Total equity and liabilities | 10/49 | €1,046,307 | €829,590 | -€216,717 | -20.7% |
| Equity | 10/15 | €331,475 | €337,755 | +€6,281 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €311,015 | €317,295 | +€6,281 | +2.0% |
| Provisions and deferred taxes | 16 | €19,292 | €29,051 | +€9,759 | +50.6% |
| Provisions for liabilities and charges | 160/5 | €19,292 | €29,051 | +€9,759 | +50.6% |
| Environmental obligations | 163 | €19,292 | €19,292 | = | 0.0% |
| Other liabilities and charges | 164/5 | - | €9,759 | +€9,759 | |
| Amounts payable | 17/49 | €695,540 | €462,784 | -€232,756 | -33.5% |
| Amounts payable after more than one year | 17 | €17,500 | €8,750 | -€8,750 | -50.0% |
| Financial debts | 170/4 | €17,500 | €8,750 | -€8,750 | -50.0% |
| Amounts payable within one year | 42/48 | €600,083 | €454,034 | -€146,049 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €299,572 | €238,470 | -€61,102 | -20.4% |
| Trade debts | 44 | €154,275 | €127,593 | -€26,682 | -17.3% |
| Suppliers | 440/4 | €154,275 | €127,593 | -€26,682 | -17.3% |
| Advances received on contracts in progress | 46 | €1,591 | - | -€1,591 | |
| Taxes, remuneration and social security | 45 | €27,072 | €30,239 | +€3,168 | +11.7% |
| Taxes | 450/3 | €13,973 | €16,845 | +€2,872 | +20.6% |
| Remuneration and social security | 454/9 | €13,099 | €13,394 | +€295 | +2.3% |
| Other amounts payable | 47/48 | €117,574 | €57,732 | -€59,842 | -50.9% |
| Accrued charges and deferred income | 492/3 | €77,957 | - | -€77,957 | |
| Non-recurring operating income | 76A | €5,266 | €1,203 | -€4,062 | -77.1% |
| Remuneration, social security and pensions | 62 | €75,671 | €79,285 | +€3,615 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,042 | €8,028 | -€14 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,700 | -€9,500 | -€11,200 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €9,759 | +€9,759 | |
| Other operating charges | 640/8 | €21,761 | €13,012 | -€8,749 | -40.2% |
| Non-recurring operating charges | 66A | €6,984 | - | -€6,984 | |
| Gross operating margin | 9900 | €171,124 | €126,768 | -€44,356 | -25.9% |
| Operating profit (loss) | 9901 | €56,966 | €26,183 | -€30,783 | -54.0% |
| Financial income | 75/76B | €243 | €235 | -€8 | -3.2% |
| Recurring financial income | 75 | €243 | €235 | -€8 | -3.2% |
| Financial charges | 65/66B | €24,478 | €15,323 | -€9,155 | -37.4% |
| Recurring financial charges | 65 | €24,478 | €15,323 | -€9,155 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €32,731 | €11,095 | -€21,636 | -66.1% |
| Income taxes | 67/77 | €10,304 | €4,814 | -€5,490 | -53.3% |
| Profit (loss) for the period | 9904 | €22,427 | €6,281 | -€16,146 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,427 | €6,281 | -€16,146 | -72.0% |
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 27 October 2026 via checked.be.