MONDOCO: 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.
MONDOCO
Largest movements
- Cash -€36,090
down €36,090 (-33.4%), from €108,085 to €71,995
mainly Other debts (-€53,628) and Investment in fixed assets (net) (-€46,477)
- Tangible fixed assets +€30,603
up €30,603 (+68.2%), from €44,864 to €75,467
of which Furniture and vehicles: +€26,835
- Stocks and contracts -€3,756
down €3,756 (-37.1%), from €10,112 to €6,356
- Deferred charges and accrued income -€2,103
no longer reported in 2025 (was €2,103)
- Other debts -€53,628
down €53,628 (-95.6%), from €56,106 to €2,478
- Debts after one year +€19,124
up €19,124 (+242.6%), from €7,884 to €27,008
- Reserves +€16,637
up €16,637 (+37.7%), from €44,098 to €60,735
of which Distributable reserves: +€16,637
- Current portion of long-term debt +€4,952
up €4,952 (+96.3%), from €5,140 to €10,092
- Tax, wage and social debts +€3,916
up €3,916 (+21.0%), from €18,647 to €22,563
of which Taxes: +€4,838
- Gross operating margin +€9,761
up €9,761 (+9.3%), from €104,862 to €114,623
- Staff costs +€5,377
up €5,377 (+8.3%), from €64,834 to €70,211
- Financial charges +€2,387
up €2,387 (+102.4%), from €2,330 to €4,717
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 | €169,444 | €159,319 | -€10,125 | -6.0% |
| Fixed assets | 21/28 | €44,960 | €75,563 | +€30,603 | +68.1% |
| Tangible fixed assets | 22/27 | €44,864 | €75,467 | +€30,603 | +68.2% |
| Plant, machinery and equipment | 23 | €28,933 | €32,701 | +€3,768 | +13.0% |
| Furniture and vehicles | 24 | €15,931 | €42,766 | +€26,835 | +168.4% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €124,484 | €83,756 | -€40,728 | -32.7% |
| Stocks and contracts in progress | 3 | €10,112 | €6,356 | -€3,756 | -37.1% |
| Stocks | 30/36 | €10,112 | €6,356 | -€3,756 | -37.1% |
| Amounts receivable within one year | 40/41 | €4,184 | €5,405 | +€1,221 | +29.2% |
| Trade receivables | 40 | €127 | €508 | +€381 | +300.0% |
| Other amounts receivable | 41 | €4,057 | €4,897 | +€840 | +20.7% |
| Cash at bank and in hand | 54/58 | €108,085 | €71,995 | -€36,090 | -33.4% |
| Deferred charges and accrued income | 490/1 | €2,103 | - | -€2,103 | |
| Total equity and liabilities | 10/49 | €169,444 | €159,319 | -€10,125 | -6.0% |
| Equity | 10/15 | €56,498 | €73,135 | +€16,637 | +29.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €44,098 | €60,735 | +€16,637 | +37.7% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €42,198 | €58,835 | +€16,637 | +39.4% |
| Amounts payable | 17/49 | €112,946 | €86,184 | -€26,762 | -23.7% |
| Amounts payable after more than one year | 17 | €7,884 | €27,008 | +€19,124 | +242.6% |
| Financial debts | 170/4 | €7,884 | €27,008 | +€19,124 | +242.6% |
| Amounts payable within one year | 42/48 | €105,062 | €59,176 | -€45,886 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €5,140 | €10,092 | +€4,952 | +96.3% |
| Trade debts | 44 | €25,169 | €24,043 | -€1,126 | -4.5% |
| Suppliers | 440/4 | €25,169 | €24,043 | -€1,126 | -4.5% |
| Taxes, remuneration and social security | 45 | €18,647 | €22,563 | +€3,916 | +21.0% |
| Taxes | 450/3 | €9,662 | €14,500 | +€4,838 | +50.1% |
| Remuneration and social security | 454/9 | €8,985 | €8,063 | -€922 | -10.3% |
| Other amounts payable | 47/48 | €56,106 | €2,478 | -€53,628 | -95.6% |
| Remuneration, social security and pensions | 62 | €64,834 | €70,211 | +€5,377 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,241 | €15,874 | +€633 | +4.2% |
| Other operating charges | 640/8 | €619 | €298 | -€321 | -51.9% |
| Gross operating margin | 9900 | €104,862 | €114,623 | +€9,761 | +9.3% |
| Operating profit (loss) | 9901 | €24,168 | €28,240 | +€4,072 | +16.8% |
| Financial income | 75/76B | - | €421 | +€421 | |
| Recurring financial income | 75 | - | €421 | +€421 | |
| Non-recurring financial income | 76B | - | €421 | +€421 | |
| Financial charges | 65/66B | €2,330 | €4,717 | +€2,387 | +102.4% |
| Recurring financial charges | 65 | €2,330 | €4,717 | +€2,387 | +102.4% |
| Profit (loss) for the period before taxes | 9903 | €21,838 | €23,944 | +€2,106 | +9.6% |
| Income taxes | 67/77 | €7,327 | €7,307 | -€20 | -0.3% |
| Profit (loss) for the period | 9904 | €14,511 | €16,637 | +€2,126 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,511 | €16,637 | +€2,126 | +14.7% |
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 5 October 2026 via checked.be.