Mondo Cavalli: 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.
Mondo Cavalli
Largest movements
- Cash -€137,582
down €137,582 (-92.7%), from €148,491 to €10,909
mainly Other debts (-€94,336) and Trade debts (-€82,382)
- Stocks and contracts -€55,000
down €55,000 (-18.9%), from €291,750 to €236,750
- Tangible fixed assets +€8,921
up €8,921 (+50.4%), from €17,709 to €26,630
of which Plant, machinery and equipment: +€6,019
- Receivables within one year -€5,570
down €5,570 (-19.5%), from €28,542 to €22,972
of which Trade receivables: -€13,826
- Other debts -€94,336
down €94,336 (-22.9%), from €412,065 to €317,729
- Trade debts -€82,382
down €82,382 (-69.2%), from €119,084 to €36,702
- Tax, wage and social debts -€16,326
down €16,326 (-83.2%), from €19,613 to €3,286
of which Taxes: -€14,774
- Accrued charges and deferred income +€5,283
up €5,283, from €0 to €5,283
- Gross operating margin -€15,144
down €15,144 (-25.3%), from €59,809 to €44,665
- Financial charges -€8,787
down €8,787 (-58.1%), from €15,136 to €6,349
- Staff costs -€4,416
down €4,416 (-13.8%), from €31,993 to €27,577
- Other operating charges -€1,919
down €1,919 (-32.8%), from €5,847 to €3,928
- Depreciation -€1,014
down €1,014 (-16.4%), from €6,166 to €5,152
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 | €487,479 | €298,503 | -€188,976 | -38.8% |
| Fixed assets | 21/28 | €17,709 | €26,630 | +€8,921 | +50.4% |
| Tangible fixed assets | 22/27 | €17,709 | €26,630 | +€8,921 | +50.4% |
| Plant, machinery and equipment | 23 | €17,709 | €23,728 | +€6,019 | +34.0% |
| Furniture and vehicles | 24 | €0 | €2,901 | +€2,901 | |
| Current assets | 29/58 | €469,771 | €271,873 | -€197,897 | -42.1% |
| Stocks and contracts in progress | 3 | €291,750 | €236,750 | -€55,000 | -18.9% |
| Stocks | 30/36 | €291,750 | €236,750 | -€55,000 | -18.9% |
| Amounts receivable within one year | 40/41 | €28,542 | €22,972 | -€5,570 | -19.5% |
| Trade receivables | 40 | €25,884 | €12,058 | -€13,826 | -53.4% |
| Other amounts receivable | 41 | €2,658 | €10,914 | +€8,256 | +311% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €148,491 | €10,909 | -€137,582 | -92.7% |
| Deferred charges and accrued income | 490/1 | €987 | €1,242 | +€255 | +25.9% |
| Total equity and liabilities | 10/49 | €487,479 | €298,503 | -€188,976 | -38.8% |
| Equity | 10/15 | -€65,783 | -€65,640 | +€143 | +0.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,783 | -€68,640 | +€143 | +0.2% |
| Amounts payable | 17/49 | €553,262 | €364,143 | -€189,119 | -34.2% |
| Amounts payable within one year | 42/48 | €553,262 | €358,861 | -€194,402 | -35.1% |
| Financial debts | 43 | €2,501 | €1,143 | -€1,358 | -54.3% |
| Credit institutions | 430/8 | €2,501 | €1,143 | -€1,358 | -54.3% |
| Trade debts | 44 | €119,084 | €36,702 | -€82,382 | -69.2% |
| Suppliers | 440/4 | €119,084 | €36,702 | -€82,382 | -69.2% |
| Taxes, remuneration and social security | 45 | €19,613 | €3,286 | -€16,326 | -83.2% |
| Taxes | 450/3 | €15,070 | €296 | -€14,774 | -98.0% |
| Remuneration and social security | 454/9 | €4,543 | €2,991 | -€1,552 | -34.2% |
| Other amounts payable | 47/48 | €412,065 | €317,729 | -€94,336 | -22.9% |
| Accrued charges and deferred income | 492/3 | €0 | €5,283 | +€5,283 | |
| Non-recurring operating income | 76A | - | €37,631 | +€37,631 | |
| Remuneration, social security and pensions | 62 | €31,993 | €27,577 | -€4,416 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,166 | €5,152 | -€1,014 | -16.4% |
| Other operating charges | 640/8 | €5,847 | €3,928 | -€1,919 | -32.8% |
| Non-recurring operating charges | 66A | €0 | €1,339 | +€1,339 | |
| Gross operating margin | 9900 | €59,809 | €44,665 | -€15,144 | -25.3% |
| Operating profit (loss) | 9901 | €15,803 | €6,669 | -€9,133 | -57.8% |
| Financial income | 75/76B | €113 | €119 | +€6 | +5.4% |
| Recurring financial income | 75 | €113 | €119 | +€6 | +5.4% |
| Financial charges | 65/66B | €15,136 | €6,349 | -€8,787 | -58.1% |
| Recurring financial charges | 65 | €15,136 | €6,349 | -€8,787 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €780 | €440 | -€340 | -43.6% |
| Income taxes | 67/77 | €226 | €297 | +€71 | +31.1% |
| Profit (loss) for the period | 9904 | €553 | €143 | -€411 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €553 | €143 | -€411 | -74.2% |
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 26 October 2026 via checked.be.