MORTIER HOLDING: 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 HOLDING
Largest movements
- Cash -€9,487
down €9,487 (-94.1%), from €10,083 to €596
mainly Other debts (-€177,758) and Net result for the year (-€9,470)
- Debts after one year +€186,223
up €186,223 (+16.1%), from €1.2m to €1.3m
of which Other amounts payable: +€186,223
- Other debts -€177,758
down €177,758 (-97.0%), from €183,223 to €5,465
- Profit (loss) carried forward -€9,470
down €9,470 (-0.3%), from -€3.4m to -€3.4m
- Trade debts -€8,490
no longer reported in 2025 (was €8,490)
- Gross operating margin -€7,453
down €7,453, from €4,732 to -€2,721
- Other operating charges -€2,058
down €2,058 (-62.0%), from €3,318 to €1,260
- Financial charges +€336
up €336 (+6.5%), from €5,153 to €5,489
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 | €520,392 | €510,897 | -€9,495 | -1.8% |
| Fixed assets | 21/28 | €500,000 | €500,000 | = | 0.0% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €20,392 | €10,897 | -€9,495 | -46.6% |
| Amounts receivable within one year | 40/41 | €10,309 | €10,301 | -€8 | -0.1% |
| Trade receivables | 40 | €10,301 | €10,301 | = | 0.0% |
| Other amounts receivable | 41 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | €10,083 | €596 | -€9,487 | -94.1% |
| Total equity and liabilities | 10/49 | €520,392 | €510,897 | -€9,495 | -1.8% |
| Equity | 10/15 | -€826,281 | -€835,750 | -€9,470 | -1.1% |
| Contributions | 10/11 | €2,593,010 | €2,593,010 | = | 0.0% |
| Capital | 10 | €2,593,010 | €2,593,010 | = | 0.0% |
| Issued capital | 100 | €2,593,010 | €2,593,010 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,419,441 | -€3,428,910 | -€9,470 | -0.3% |
| Amounts payable | 17/49 | €1,346,672 | €1,346,647 | -€25 | 0.0% |
| Amounts payable after more than one year | 17 | €1,154,960 | €1,341,183 | +€186,223 | +16.1% |
| Financial debts | 170/4 | €1,154,960 | €1,154,960 | = | 0.0% |
| Other amounts payable | 178/9 | - | €186,223 | +€186,223 | |
| Amounts payable within one year | 42/48 | €191,712 | €5,465 | -€186,248 | -97.1% |
| Trade debts | 44 | €8,490 | - | -€8,490 | |
| Suppliers | 440/4 | €8,490 | - | -€8,490 | |
| Other amounts payable | 47/48 | €183,223 | €5,465 | -€177,758 | -97.0% |
| Other operating charges | 640/8 | €3,318 | €1,260 | -€2,058 | -62.0% |
| Gross operating margin | 9900 | €4,732 | -€2,721 | -€7,453 | |
| Operating profit (loss) | 9901 | €1,414 | -€3,981 | -€5,395 | |
| Financial charges | 65/66B | €5,153 | €5,489 | +€336 | +6.5% |
| Recurring financial charges | 65 | €5,153 | €5,489 | +€336 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,738 | -€9,470 | -€5,731 | -153% |
| Profit (loss) for the period | 9904 | -€3,738 | -€9,470 | -€5,731 | -153% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,738 | -€9,470 | -€5,731 | -153% |
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 21 October 2026 via checked.be.