MONDIALWEB: 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.
MONDIALWEB
Largest movements
- Receivables within one year +€74,540
up €74,540 (+441.3%), from €16,892 to €91,432
of which Other amounts receivable: +€74,485
- Cash -€41,556
down €41,556 (-71.7%), from €57,955 to €16,399
mainly Receivables within one year (-€74,540) and Investment in fixed assets (net) (-€32,799)
- Tangible fixed assets +€24,288
up €24,288 (+11.6%), from €209,143 to €233,431
of which Assets under construction and advance payments: +€35,407
- Debts after one year +€68,708
up €68,708 (+815.6%), from €8,424 to €77,132
- Other debts -€23,206
no longer reported in 2025 (was €23,206)
- Reserves +€22,970
up €22,970 (+14.5%), from €158,905 to €181,875
of which Distributable reserves: +€22,970
- Tax, wage and social debts -€10,175
down €10,175 (-60.4%), from €16,845 to €6,670
of which Taxes: -€12,600
- Trade debts -€7,052
down €7,052 (-58.0%), from €12,161 to €5,110
- Gross operating margin +€14,603
up €14,603 (+31.8%), from €45,973 to €60,576
- Financial charges +€12,522
up €12,522 (+5797.2%), from €216 to €12,738
- Other operating charges +€4,729
up €4,729 (+263.7%), from €1,793 to €6,522
- Taxes -€1,326
down €1,326 (-11.9%), from €11,164 to €9,838
- Depreciation -€973
down €973 (-10.3%), from €9,484 to €8,511
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 | €285,515 | €342,892 | +€57,377 | +20.1% |
| Fixed assets | 21/28 | €209,143 | €233,431 | +€24,288 | +11.6% |
| Tangible fixed assets | 22/27 | €209,143 | €233,431 | +€24,288 | +11.6% |
| Land and buildings | 22 | €116,329 | €113,157 | -€3,173 | -2.7% |
| Furniture and vehicles | 24 | €5,564 | €1,398 | -€4,165 | -74.9% |
| Other tangible fixed assets | 26 | €87,250 | €83,469 | -€3,781 | -4.3% |
| Assets under construction and advance payments | 27 | - | €35,407 | +€35,407 | |
| Current assets | 29/58 | €76,372 | €109,461 | +€33,090 | +43.3% |
| Amounts receivable within one year | 40/41 | €16,892 | €91,432 | +€74,540 | +441.3% |
| Trade receivables | 40 | €16,288 | €16,343 | +€55 | +0.3% |
| Other amounts receivable | 41 | €604 | €75,089 | +€74,485 | +12341.2% |
| Cash at bank and in hand | 54/58 | €57,955 | €16,399 | -€41,556 | -71.7% |
| Deferred charges and accrued income | 490/1 | €1,524 | €1,630 | +€106 | +7.0% |
| Total equity and liabilities | 10/49 | €285,515 | €342,892 | +€57,377 | +20.1% |
| Equity | 10/15 | €220,878 | €243,848 | +€22,970 | +10.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | - | -€61,973 | |
| Issued capital | 100 | €61,973 | - | -€61,973 | |
| Contributions outside capital | 11 | - | €61,973 | +€61,973 | |
| Other | 1109/19 | - | €61,973 | +€61,973 | |
| Reserves | 13 | €158,905 | €181,875 | +€22,970 | +14.5% |
| Non-distributable reserves | 130/1 | €4,060 | €4,060 | = | 0.0% |
| Legal reserve | 130 | €4,060 | €4,060 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,036 | €36,036 | = | 0.0% |
| Distributable reserves | 133 | €118,809 | €141,779 | +€22,970 | +19.3% |
| Amounts payable | 17/49 | €64,637 | €99,044 | +€34,407 | +53.2% |
| Amounts payable after more than one year | 17 | €8,424 | €77,132 | +€68,708 | +815.6% |
| Financial debts | 170/4 | €8,424 | €77,132 | +€68,708 | +815.6% |
| Amounts payable within one year | 42/48 | €56,213 | €21,912 | -€34,301 | -61.0% |
| Current portion of amounts payable after more than one year | 42 | €4,001 | €10,133 | +€6,132 | +153.3% |
| Trade debts | 44 | €12,161 | €5,110 | -€7,052 | -58.0% |
| Suppliers | 440/4 | €12,161 | €5,110 | -€7,052 | -58.0% |
| Taxes, remuneration and social security | 45 | €16,845 | €6,670 | -€10,175 | -60.4% |
| Taxes | 450/3 | €16,845 | €4,245 | -€12,600 | -74.8% |
| Remuneration and social security | 454/9 | - | €2,425 | +€2,425 | |
| Other amounts payable | 47/48 | €23,206 | - | -€23,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,484 | €8,511 | -€973 | -10.3% |
| Other operating charges | 640/8 | €1,793 | €6,522 | +€4,729 | +263.7% |
| Gross operating margin | 9900 | €45,973 | €60,576 | +€14,603 | +31.8% |
| Operating profit (loss) | 9901 | €34,696 | €45,543 | +€10,846 | +31.3% |
| Financial income | 75/76B | €0 | €4 | +€3 | +1740.0% |
| Recurring financial income | 75 | €0 | €4 | +€3 | +1740.0% |
| Financial charges | 65/66B | €216 | €12,738 | +€12,522 | +5797.2% |
| Recurring financial charges | 65 | €216 | €12,738 | +€12,522 | +5797.2% |
| Profit (loss) for the period before taxes | 9903 | €34,480 | €32,808 | -€1,672 | -4.8% |
| Income taxes | 67/77 | €11,164 | €9,838 | -€1,326 | -11.9% |
| Profit (loss) for the period | 9904 | €23,316 | €22,970 | -€346 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,316 | €22,970 | -€346 | -1.5% |
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.