Mondzorg GR: what changed
What changed
Mondzorg GR
NACE 47.750, Retail sale of cosmetics and toilet articles
filed annual accounts (NBB)
Net result for the year
€148,710
2024 · €706,941-€558,232
Equity
€2.6m
2024 · €2.4m+€148,710
Cash
€42,486
2024 · €399,568-€357,082
Balance sheet total
€3.3m
2024 · €3.1m+€251,834
Largest movements
Assets
- Receivables within one year +€1.4m
up €1.4m (+93.4%), from €1.4m to €2.8m
of which Other amounts receivable: +€1.3m
- Current investments -€750,000
down €750,000 (-100%), from €750,000 to €0
- Cash -€357,082
down €357,082 (-89.4%), from €399,568 to €42,486
mainly Receivables within one year (-€1.4m) and Investment in fixed assets (net) (-€55,545)
Equity and liabilities
- Profit (loss) carried forward +€148,710
up €148,710 (+12.2%), from €1.2m to €1.4m
- Trade debts +€123,441
up €123,441 (+86.6%), from €142,472 to €265,913
- Debts after one year -€47,844
down €47,844 (-17.4%), from €274,750 to €226,905
Income statement
- Gross operating margin -€791,826
down €791,826 (-60.8%), from €1.3m to €510,086
- Taxes -€152,702
down €152,702 (-62.7%), from €243,411 to €90,710
- Depreciation -€42,413
down €42,413 (-36.8%), from €115,146 to €72,733
- Financial income +€20,968
up €20,968 (+116,488%), from €18 to €20,986
- Staff costs -€16,623
down €16,623 (-7.4%), from €224,579 to €207,956
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€706,941
Gross operating margin
-€791,826
Staff costs
+€16,623
Depreciation
+€42,413
Other operating charges
-€1,450
Financial income
+€20,968
Financial charges
+€2,339
Taxes
+€152,702
Result 2025
€148,710
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.0m
Investment
+€694,455
Financing
-€47,745
Cash 2024
€399,568
From operations (derived)
-€1.0m
Net result for the year
+€148,710
Depreciation
+€72,733
Stocks and contracts
-€30,619
Receivables within one year
-€1.4m
Deferred charges and accrued income
+€5,866
Trade debts
+€123,441
Tax, wage and social debts
+€14,215
Advances received
+€2,207
Accrued charges and deferred income
+€11,006
Investment (derived)
+€694,455
Investment in fixed assets (net)
-€55,545
Current investments
+€750,000
Financing
-€47,745
Debts after one year
-€47,844
Current portion of long-term debt
+€100
Cash 2025
€42,486
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,084,614 | €3,336,449 | +€251,834 | +8.2% |
| Fixed assets | 21/28 | €472,027 | €454,838 | -€17,188 | -3.6% |
| Tangible fixed assets | 22/27 | €472,027 | €454,652 | -€17,375 | -3.7% |
| Land and buildings | 22 | €312,018 | €282,359 | -€29,659 | -9.5% |
| Plant, machinery and equipment | 23 | €41,662 | €40,929 | -€733 | -1.8% |
| Furniture and vehicles | 24 | €118,347 | €97,555 | -€20,791 | -17.6% |
| Leasing and similar rights | 25 | - | €33,809 | +€33,809 | |
| Financial fixed assets | 28 | - | €186 | +€186 | |
| Current assets | 29/58 | €2,612,588 | €2,881,611 | +€269,023 | +10.3% |
| Stocks and contracts in progress | 3 | - | €30,619 | +€30,619 | |
| Stocks | 30/36 | - | €29,335 | +€29,335 | |
| Contracts in progress | 37 | - | €1,284 | +€1,284 | |
| Amounts receivable within one year | 40/41 | €1,446,788 | €2,798,139 | +€1.4m | +93.4% |
| Trade receivables | 40 | - | €91,499 | +€91,499 | |
| Other amounts receivable | 41 | €1,446,788 | €2,706,641 | +€1.3m | +87.1% |
| Current investments | 50/53 | €750,000 | €0 | -€750,000 | -100% |
| Cash at bank and in hand | 54/58 | €399,568 | €42,486 | -€357,082 | -89.4% |
| Deferred charges and accrued income | 490/1 | €16,232 | €10,367 | -€5,866 | -36.1% |
| Total equity and liabilities | 10/49 | €3,084,614 | €3,336,449 | +€251,834 | +8.2% |
| Equity | 10/15 | €2,449,530 | €2,598,239 | +€148,710 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,222,330 | €1,222,330 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,220,470 | €1,222,330 | +€1,860 | +0.2% |
| Profit (loss) carried forward | 14 | €1,221,000 | €1,369,709 | +€148,710 | +12.2% |
| Amounts payable | 17/49 | €635,085 | €738,209 | +€103,125 | +16.2% |
| Amounts payable after more than one year | 17 | €274,750 | €226,905 | -€47,844 | -17.4% |
| Financial debts | 170/4 | €274,750 | €226,905 | -€47,844 | -17.4% |
| Amounts payable within one year | 42/48 | €360,335 | €500,298 | +€139,963 | +38.8% |
| Current portion of amounts payable after more than one year | 42 | €84,452 | €84,552 | +€100 | +0.1% |
| Trade debts | 44 | €142,472 | €265,913 | +€123,441 | +86.6% |
| Suppliers | 440/4 | €142,472 | €265,913 | +€123,441 | +86.6% |
| Advances received on contracts in progress | 46 | - | €2,207 | +€2,207 | |
| Taxes, remuneration and social security | 45 | €133,411 | €147,627 | +€14,215 | +10.7% |
| Taxes | 450/3 | €133,411 | €136,325 | +€2,914 | +2.2% |
| Remuneration and social security | 454/9 | - | €11,302 | +€11,302 | |
| Accrued charges and deferred income | 492/3 | - | €11,006 | +€11,006 | |
| Non-recurring operating income | 76A | €8,000 | €0 | -€8,000 | -100% |
| Remuneration, social security and pensions | 62 | €224,579 | €207,956 | -€16,623 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,146 | €72,733 | -€42,413 | -36.8% |
| Other operating charges | 640/8 | €978 | €2,428 | +€1,450 | +148% |
| Gross operating margin | 9900 | €1,301,912 | €510,086 | -€791,826 | -60.8% |
| Operating profit (loss) | 9901 | €961,210 | €226,969 | -€734,240 | -76.4% |
| Financial income | 75/76B | €18 | €20,986 | +€20,968 | +116,488% |
| Recurring financial income | 75 | €18 | €20,986 | +€20,968 | +116,488% |
| Financial charges | 65/66B | €10,875 | €8,536 | -€2,339 | -21.5% |
| Recurring financial charges | 65 | €10,875 | €8,536 | -€2,339 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €950,353 | €239,419 | -€710,933 | -74.8% |
| Income taxes | 67/77 | €243,411 | €90,710 | -€152,702 | -62.7% |
| Profit (loss) for the period | 9904 | €706,941 | €148,710 | -€558,232 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €706,941 | €148,710 | -€558,232 | -79.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.