Mortier: 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.
Mortier
Largest movements
- Tangible fixed assets -€24,731
down €24,731 (-21.5%), from €115,092 to €90,360
of which Plant, machinery and equipment: -€16,111
- Deferred charges and accrued income +€2,459
up €2,459 (+1363.8%), from €180 to €2,640
- Debts after one year -€8,379
down €8,379 (-9.8%), from €85,095 to €76,716
- Profit (loss) carried forward -€7,299
down €7,299 (-14.3%), from -€51,217 to -€58,517
- Other debts -€6,637
down €6,637 (-67.2%), from €9,883 to €3,246
- Trade debts -€5,047
down €5,047 (-30.8%), from €16,407 to €11,361
- Tax, wage and social debts +€2,720
up €2,720 (+42.6%), from €6,389 to €9,109
of which Remuneration and social security: +€1,649
- Gross operating margin -€5,686
down €5,686 (-11.0%), from €51,498 to €45,811
- Staff costs -€3,502
down €3,502 (-10.3%), from €34,023 to €30,520
- Depreciation -€1,674
down €1,674 (-9.2%), from €18,177 to €16,503
- Financial charges -€1,175
down €1,175 (-24.6%), from €4,768 to €3,593
- Other operating charges +€691
up €691 (+37.0%), from €1,868 to €2,559
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 | €141,872 | €118,759 | -€23,113 | -16.3% |
| Fixed assets | 21/28 | €116,628 | €91,177 | -€25,451 | -21.8% |
| Intangible fixed assets | 21 | €1,537 | €817 | -€720 | -46.9% |
| Tangible fixed assets | 22/27 | €115,092 | €90,360 | -€24,731 | -21.5% |
| Plant, machinery and equipment | 23 | €62,538 | €46,427 | -€16,111 | -25.8% |
| Furniture and vehicles | 24 | €5,227 | €3,164 | -€2,063 | -39.5% |
| Other tangible fixed assets | 26 | €47,327 | €40,769 | -€6,558 | -13.9% |
| Current assets | 29/58 | €25,244 | €27,582 | +€2,339 | +9.3% |
| Stocks and contracts in progress | 3 | €9,135 | €9,570 | +€435 | +4.8% |
| Stocks | 30/36 | €9,135 | €9,570 | +€435 | +4.8% |
| Amounts receivable within one year | 40/41 | €3,502 | €3,195 | -€306 | -8.7% |
| Trade receivables | 40 | €2,106 | €0 | -€2,106 | -100.0% |
| Other amounts receivable | 41 | €1,396 | €3,195 | +€1,800 | +129.0% |
| Cash at bank and in hand | 54/58 | €12,427 | €12,177 | -€250 | -2.0% |
| Deferred charges and accrued income | 490/1 | €180 | €2,640 | +€2,459 | +1363.8% |
| Total equity and liabilities | 10/49 | €141,872 | €118,759 | -€23,113 | -16.3% |
| Equity | 10/15 | €8,783 | €1,483 | -€7,299 | -83.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,217 | -€58,517 | -€7,299 | -14.3% |
| Amounts payable | 17/49 | €133,089 | €117,276 | -€15,813 | -11.9% |
| Amounts payable after more than one year | 17 | €85,095 | €76,716 | -€8,379 | -9.8% |
| Financial debts | 170/4 | €85,095 | €76,716 | -€8,379 | -9.8% |
| Amounts payable within one year | 42/48 | €47,995 | €40,560 | -€7,435 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €12,875 | €14,379 | +€1,503 | +11.7% |
| Financial debts | 43 | €305 | €215 | -€91 | -29.6% |
| Credit institutions | 430/8 | €305 | €215 | -€91 | -29.6% |
| Trade debts | 44 | €16,407 | €11,361 | -€5,047 | -30.8% |
| Suppliers | 440/4 | €16,407 | €11,361 | -€5,047 | -30.8% |
| Advances received on contracts in progress | 46 | €2,135 | €2,250 | +€116 | +5.4% |
| Taxes, remuneration and social security | 45 | €6,389 | €9,109 | +€2,720 | +42.6% |
| Taxes | 450/3 | €4,062 | €5,133 | +€1,071 | +26.4% |
| Remuneration and social security | 454/9 | €2,328 | €3,976 | +€1,649 | +70.8% |
| Other amounts payable | 47/48 | €9,883 | €3,246 | -€6,637 | -67.2% |
| Non-recurring operating income | 76A | - | €3,960 | +€3,960 | |
| Remuneration, social security and pensions | 62 | €34,023 | €30,520 | -€3,502 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,177 | €16,503 | -€1,674 | -9.2% |
| Other operating charges | 640/8 | €1,868 | €2,559 | +€691 | +37.0% |
| Gross operating margin | 9900 | €51,498 | €45,811 | -€5,686 | -11.0% |
| Operating profit (loss) | 9901 | -€2,570 | -€3,771 | -€1,200 | -46.7% |
| Financial income | 75/76B | €133 | €64 | -€69 | -51.9% |
| Recurring financial income | 75 | €133 | €64 | -€69 | -51.9% |
| Financial charges | 65/66B | €4,768 | €3,593 | -€1,175 | -24.6% |
| Recurring financial charges | 65 | €4,768 | €3,593 | -€1,175 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,206 | -€7,299 | -€94 | -1.3% |
| Profit (loss) for the period | 9904 | -€7,206 | -€7,299 | -€94 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,206 | -€7,299 | -€94 | -1.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.