MORTIER GROUP: 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.
What changed
MORTIER GROUP
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.9m
2024 · €268,193+€1.6m
Equity
€28.6m
2024 · €28.4m+€123,948
Cash
€96,778
2024 · €20,619+€76,159
Balance sheet total
€29.3m
2024 · €29.1m+€221,237
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income +€1.6m
up €1.6m (+579%), from €275,000 to €1.9m
- Turnover -€65,657
down €65,657 (-3.9%), from €1.7m to €1.6m
- Staff costs -€37,777
down €37,777 (-4.1%), from €925,470 to €887,693
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.
Result 2024
€268,193
Turnover
-€65,657
Other operating income
+€2,716
Services and other goods
+€4,941
Staff costs
+€37,777
Depreciation
+€12,273
Other operating charges
+€140
Financial income
+€1.6m
Financial charges
-€43
Taxes
-€1,023
Result 2025
€1.9m
raises the resultlowers the result
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.
From operations
+€1.8m
Investment
-€4,355
Financing
-€1.7m
Cash 2024
€20,619
From operations (derived)
+€1.8m
Net result for the year
+€1.9m
Depreciation
+€47,462
Receivables within one year
-€177,320
Deferred charges and accrued income
-€10,866
Trade debts
+€13,165
Smaller working-capital items
+€1,656
Other debts
+€82,466
Investment (derived)
-€4,355
Investment in fixed assets (net)
-€4,355
Financing
-€1.7m
Contributions, distributions and other
-€1.7m
Cash 2025
€96,778
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,064,202 | €29,285,438 | +€221,237 | +0.8% |
| Fixed assets | 21/28 | €28,382,980 | €28,339,873 | -€43,108 | -0.2% |
| Tangible fixed assets | 22/27 | €56,780 | €13,673 | -€43,108 | -75.9% |
| Furniture and vehicles | 24 | €56,780 | €13,673 | -€43,108 | -75.9% |
| Financial fixed assets | 28 | €28,326,200 | €28,326,200 | = | 0.0% |
| Affiliated companies | 280/1 | €28,326,200 | €28,326,200 | = | 0.0% |
| Participating interests | 280 | €28,326,200 | €28,326,200 | = | 0.0% |
| Current assets | 29/58 | €681,221 | €945,565 | +€264,344 | +38.8% |
| Amounts receivable within one year | 40/41 | €336,300 | €513,620 | +€177,320 | +52.7% |
| Trade receivables | 40 | €336,300 | €513,620 | +€177,320 | +52.7% |
| Cash at bank and in hand | 54/58 | €20,619 | €96,778 | +€76,159 | +369% |
| Deferred charges and accrued income | 490/1 | €324,302 | €335,167 | +€10,866 | +3.4% |
| Total equity and liabilities | 10/49 | €29,064,202 | €29,285,438 | +€221,237 | +0.8% |
| Equity | 10/15 | €28,445,579 | €28,569,527 | +€123,948 | +0.4% |
| Contributions | 10/11 | €24,891,960 | €24,891,960 | = | 0.0% |
| Contributions outside capital | 11 | €24,891,960 | - | -€24.9m | |
| Other | 1109/19 | €24,891,960 | - | -€24.9m | |
| Reserves | 13 | €3,553,619 | €3,677,568 | +€123,948 | +3.5% |
| Non-distributable reserves | 130/1 | €1,680,121 | €1,680,121 | = | 0.0% |
| Other | 1319 | €1,680,121 | €1,680,121 | = | 0.0% |
| Distributable reserves | 133 | €1,873,499 | €1,997,447 | +€123,948 | +6.6% |
| Amounts payable | 17/49 | €618,623 | €715,911 | +€97,288 | +15.7% |
| Amounts payable within one year | 42/48 | €618,549 | €715,911 | +€97,362 | +15.7% |
| Trade debts | 44 | €45,470 | €58,635 | +€13,165 | +29.0% |
| Suppliers | 440/4 | €45,470 | €58,635 | +€13,165 | +29.0% |
| Taxes, remuneration and social security | 45 | €227,730 | €229,460 | +€1,730 | +0.8% |
| Taxes | 450/3 | €58,997 | €61,303 | +€2,306 | +3.9% |
| Remuneration and social security | 454/9 | €168,733 | €168,157 | -€576 | -0.3% |
| Other amounts payable | 47/48 | €345,349 | €427,815 | +€82,466 | +23.9% |
| Accrued charges and deferred income | 492/3 | €74 | - | -€74 | |
| Operating income | 70/76A | €1,716,559 | €1,653,619 | -€62,941 | -3.7% |
| Turnover | 70 | €1,704,549 | €1,638,892 | -€65,657 | -3.9% |
| Other operating income | 74 | €12,010 | €14,726 | +€2,716 | +22.6% |
| Operating charges | 60/66A | €1,721,633 | €1,666,503 | -€55,130 | -3.2% |
| Services and other goods | 61 | €735,177 | €730,236 | -€4,941 | -0.7% |
| Remuneration, social security and pensions | 62 | €925,470 | €887,693 | -€37,777 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,735 | €47,462 | -€12,273 | -20.5% |
| Other operating charges | 640/8 | €1,252 | €1,112 | -€140 | -11.1% |
| Operating profit (loss) | 9901 | -€5,074 | -€12,884 | -€7,810 | -154% |
| Financial income | 75/76B | €275,000 | €1,866,655 | +€1.6m | +579% |
| Recurring financial income | 75 | €275,000 | €1,866,655 | +€1.6m | +579% |
| Income from financial fixed assets | 750 | €275,000 | €1,855,000 | +€1.6m | +575% |
| Income from current assets | 751 | - | €11,655 | +€11,655 | |
| Other financial income | 752/9 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €936 | €979 | +€43 | +4.6% |
| Recurring financial charges | 65 | €936 | €979 | +€43 | +4.6% |
| Debt charges | 650 | €107 | €197 | +€90 | +83.5% |
| Other financial charges | 652/9 | €829 | €782 | -€47 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €268,989 | €1,852,791 | +€1.6m | +589% |
| Income taxes | 67/77 | €797 | €1,819 | +€1,023 | +128% |
| Taxes | 670/3 | €797 | €1,819 | +€1,023 | +128% |
| Profit (loss) for the period | 9904 | €268,193 | €1,850,972 | +€1.6m | +590% |
| Profit (loss) for the period to be appropriated | 9905 | €268,193 | €1,850,972 | +€1.6m | +590% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.