MORTIER PASCAL: 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 PASCAL
Largest movements
- Cash -€142,620
down €142,620 (-42.3%), from €337,280 to €194,660
mainly Current investments (-€76,176) and Receivables within one year (-€64,029)
- Current investments +€76,176
up €76,176 (+779%), from €9,778 to €85,954
- Receivables within one year +€64,029
up €64,029 (+776%), from €8,256 to €72,285
of which Trade receivables: +€35,155
- Tangible fixed assets +€44,961
up €44,961 (+8.6%), from €521,647 to €566,608
of which Plant, machinery and equipment: +€27,654
- Reserves +€55,055
up €55,055 (+9.7%), from €567,299 to €622,353
- Tax, wage and social debts -€19,640
down €19,640 (-65.0%), from €30,216 to €10,577
of which Taxes: -€19,773
- Gross operating margin -€125,005
down €125,005 (-46.6%), from €268,300 to €143,295
- Taxes -€38,730
down €38,730 (-58.3%), from €66,421 to €27,691
- Financial charges -€10,910
down €10,910 (-55.3%), from €19,724 to €8,815
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 | €880,285 | €922,411 | +€42,126 | +4.8% |
| Fixed assets | 21/28 | €522,897 | €567,858 | +€44,961 | +8.6% |
| Tangible fixed assets | 22/27 | €521,647 | €566,608 | +€44,961 | +8.6% |
| Land and buildings | 22 | €1,098 | €0 | -€1,098 | -100% |
| Plant, machinery and equipment | 23 | €519,190 | €546,844 | +€27,654 | +5.3% |
| Furniture and vehicles | 24 | €1,359 | €2,346 | +€987 | +72.6% |
| Other tangible fixed assets | 26 | - | €17,418 | +€17,418 | |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €357,388 | €354,552 | -€2,836 | -0.8% |
| Amounts receivable within one year | 40/41 | €8,256 | €72,285 | +€64,029 | +776% |
| Trade receivables | 40 | €8,256 | €43,411 | +€35,155 | +426% |
| Other amounts receivable | 41 | €0 | €28,874 | +€28,874 | |
| Current investments | 50/53 | €9,778 | €85,954 | +€76,176 | +779% |
| Cash at bank and in hand | 54/58 | €337,280 | €194,660 | -€142,620 | -42.3% |
| Deferred charges and accrued income | 490/1 | €2,074 | €1,653 | -€421 | -20.3% |
| Total equity and liabilities | 10/49 | €880,285 | €922,411 | +€42,126 | +4.8% |
| Equity | 10/15 | €729,299 | €784,353 | +€55,055 | +7.5% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Reserves | 13 | €567,299 | €622,353 | +€55,055 | +9.7% |
| Distributable reserves | 133 | €567,299 | €622,353 | +€55,055 | +9.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €150,986 | €138,057 | -€12,929 | -8.6% |
| Amounts payable within one year | 42/48 | €143,423 | €129,597 | -€13,826 | -9.6% |
| Trade debts | 44 | €4,011 | €3,665 | -€346 | -8.6% |
| Suppliers | 440/4 | €4,011 | €3,665 | -€346 | -8.6% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €30,216 | €10,577 | -€19,640 | -65.0% |
| Taxes | 450/3 | €23,607 | €3,834 | -€19,773 | -83.8% |
| Remuneration and social security | 454/9 | €6,609 | €6,742 | +€133 | +2.0% |
| Other amounts payable | 47/48 | €109,196 | €114,355 | +€5,160 | +4.7% |
| Accrued charges and deferred income | 492/3 | €7,563 | €8,460 | +€897 | +11.9% |
| Remuneration, social security and pensions | 62 | €48,314 | €50,543 | +€2,228 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,443 | €1,930 | +€487 | +33.8% |
| Other operating charges | 640/8 | €1,180 | €1,033 | -€147 | -12.5% |
| Gross operating margin | 9900 | €268,300 | €143,295 | -€125,005 | -46.6% |
| Operating profit (loss) | 9901 | €217,363 | €89,790 | -€127,573 | -58.7% |
| Financial income | 75/76B | €491 | €1,770 | +€1,279 | +261% |
| Recurring financial income | 75 | €491 | €1,770 | +€1,279 | +261% |
| Financial charges | 65/66B | €19,724 | €8,815 | -€10,910 | -55.3% |
| Recurring financial charges | 65 | €19,724 | €8,815 | -€10,910 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €198,129 | €82,745 | -€115,384 | -58.2% |
| Income taxes | 67/77 | €66,421 | €27,691 | -€38,730 | -58.3% |
| Profit (loss) for the period | 9904 | €131,709 | €55,055 | -€76,654 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €131,709 | €55,055 | -€76,654 | -58.2% |
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 25 October 2026 via checked.be.