MONDIALE: what changed
Two fiscal 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
MONDIALE
NACE 46.620, Wholesale of machine tools
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€744,141
2024 · -€613,869-€130,273
Equity
€504,137
2024 · €248,279+€255,859
Cash
€10,628
2024 · €5,286+€5,342
Balance sheet total
€881,054
2024 · €1.6m-€755,503
Largest movements
Assets
- Stocks and contracts -€729,194
down €729,194 (-50.5%), from €1.4m to €715,280
- Receivables within one year -€18,019
down €18,019 (-13.0%), from €138,756 to €120,737
of which Trade receivables: -€18,503
Equity and liabilities
- Contributions +€1.0m
up €1.0m (+117.6%), from €850,000 to €1.9m
- Other debts -€976,669
down €976,669 (-88.1%), from €1.1m to €131,492
- Profit (loss) carried forward -€744,141
down €744,141 (-121.3%), from -€613,721 to -€1.4m
- Accrued charges and deferred income -€35,000
no longer reported in 2025 (was €35,000)
Income statement
- Write-downs +€82,632
up €82,632 (+14.0%), from €590,821 to €673,454
- Gross operating margin -€54,717
down €54,717 (-17.6%), from €311,362 to €256,644
- Financial charges -€15,311
down €15,311 (-37.7%), from €40,591 to €25,280
- Staff costs +€9,074
up €9,074 (+3.4%), from €268,095 to €277,169
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.
Result 2024
-€613,869
Gross operating margin
-€54,717
Staff costs
-€9,074
Depreciation
+€1,528
Write-downs
-€82,632
Other operating charges
+€865
Financial income
-€1,605
Financial charges
+€15,311
Taxes
+€51
Result 2025
-€744,141
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.
From operations
-€983,302
Investment
-€6,432
Financing
+€995,076
Cash 2024
€5,286
From operations (derived)
-€983,302
Net result for the year
-€744,141
Depreciation
+€19,622
Stocks and contracts
+€729,194
Receivables within one year
+€18,019
Smaller working-capital items
+€2,416
Tax, wage and social debts
+€3,258
Other debts
-€976,669
Accrued charges and deferred income
-€35,000
Investment (derived)
-€6,432
Investment in fixed assets (net)
-€6,432
Financing
+€995,076
Current portion of long-term debt
-€4,924
Contributions, distributions and other
+€1.0m
Cash 2025
€10,628
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,636,557 | €881,054 | -€755,503 | -46.2% |
| Fixed assets | 21/28 | €31,294 | €18,104 | -€13,191 | -42.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €31,294 | €18,104 | -€13,191 | -42.2% |
| Furniture and vehicles | 24 | €24,844 | €18,104 | -€6,740 | -27.1% |
| Leasing and similar rights | 25 | €6,451 | - | -€6,451 | |
| Current assets | 29/58 | €1,605,263 | €862,950 | -€742,313 | -46.2% |
| Stocks and contracts in progress | 3 | €1,444,473 | €715,280 | -€729,194 | -50.5% |
| Stocks | 30/36 | €1,444,473 | €715,280 | -€729,194 | -50.5% |
| Amounts receivable within one year | 40/41 | €138,756 | €120,737 | -€18,019 | -13.0% |
| Trade receivables | 40 | €138,756 | €120,252 | -€18,503 | -13.3% |
| Other amounts receivable | 41 | €0 | €485 | +€485 | |
| Cash at bank and in hand | 54/58 | €5,286 | €10,628 | +€5,342 | +101.1% |
| Deferred charges and accrued income | 490/1 | €16,748 | €16,305 | -€443 | -2.6% |
| Total equity and liabilities | 10/49 | €1,636,557 | €881,054 | -€755,503 | -46.2% |
| Equity | 10/15 | €248,279 | €504,137 | +€255,859 | +103.1% |
| Contributions | 10/11 | €850,000 | €1,850,000 | +€1.0m | +117.6% |
| Capital | 10 | €850,000 | €1,850,000 | +€1.0m | +117.6% |
| Issued capital | 100 | €850,000 | €1,850,000 | +€1.0m | +117.6% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€613,721 | -€1,357,863 | -€744,141 | -121.3% |
| Amounts payable | 17/49 | €1,388,279 | €376,916 | -€1.0m | -72.9% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,253,279 | €276,916 | -€976,362 | -77.9% |
| Current portion of amounts payable after more than one year | 42 | €4,924 | - | -€4,924 | |
| Trade debts | 44 | €82,934 | €84,907 | +€1,973 | +2.4% |
| Suppliers | 440/4 | €82,934 | €84,907 | +€1,973 | +2.4% |
| Taxes, remuneration and social security | 45 | €57,260 | €60,517 | +€3,258 | +5.7% |
| Taxes | 450/3 | €25,301 | €26,723 | +€1,422 | +5.6% |
| Remuneration and social security | 454/9 | €31,959 | €33,795 | +€1,836 | +5.7% |
| Other amounts payable | 47/48 | €1,108,161 | €131,492 | -€976,669 | -88.1% |
| Accrued charges and deferred income | 492/3 | €35,000 | - | -€35,000 | |
| Remuneration, social security and pensions | 62 | €268,095 | €277,169 | +€9,074 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,150 | €19,622 | -€1,528 | -7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €590,821 | €673,454 | +€82,632 | +14.0% |
| Other operating charges | 640/8 | €5,131 | €4,266 | -€865 | -16.9% |
| Gross operating margin | 9900 | €311,362 | €256,644 | -€54,717 | -17.6% |
| Operating profit (loss) | 9901 | -€573,836 | -€717,866 | -€144,030 | -25.1% |
| Financial income | 75/76B | €1,634 | €29 | -€1,605 | -98.2% |
| Recurring financial income | 75 | €1,634 | €29 | -€1,605 | -98.2% |
| Financial charges | 65/66B | €40,591 | €25,280 | -€15,311 | -37.7% |
| Recurring financial charges | 65 | €40,591 | €25,280 | -€15,311 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€612,794 | -€743,117 | -€130,324 | -21.3% |
| Income taxes | 67/77 | €1,075 | €1,024 | -€51 | -4.8% |
| Profit (loss) for the period | 9904 | -€613,869 | -€744,141 | -€130,273 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€613,869 | -€744,141 | -€130,273 | -21.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.