Mortierhoek: 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.
Mortierhoek
Largest movements
- Tangible fixed assets -€184,352
down €184,352 (-2.6%), from €7.0m to €6.9m
of which Land and buildings: -€181,497
- Receivables within one year +€90,100
up €90,100 (+29.5%), from €305,622 to €395,722
- Debts after one year -€297,871
down €297,871 (-5.8%), from €5.1m to €4.8m
- Reserves +€138,673
up €138,673 (+31.8%), from €436,177 to €574,850
- Gross operating margin +€43,652
up €43,652 (+7.9%), from €553,375 to €597,027
- Other operating charges +€20,474
up €20,474 (+157%), from €13,022 to €33,496
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 | €7,386,755 | €7,310,656 | -€76,099 | -1.0% |
| Fixed assets | 21/28 | €7,039,811 | €6,855,459 | -€184,352 | -2.6% |
| Tangible fixed assets | 22/27 | €7,039,811 | €6,855,459 | -€184,352 | -2.6% |
| Land and buildings | 22 | €7,032,535 | €6,851,039 | -€181,497 | -2.6% |
| Furniture and vehicles | 24 | €7,276 | €4,420 | -€2,856 | -39.2% |
| Current assets | 29/58 | €346,944 | €455,196 | +€108,253 | +31.2% |
| Amounts receivable within one year | 40/41 | €305,622 | €395,722 | +€90,100 | +29.5% |
| Trade receivables | 40 | €305,622 | €395,722 | +€90,100 | +29.5% |
| Cash at bank and in hand | 54/58 | €34,798 | €15,299 | -€19,499 | -56.0% |
| Deferred charges and accrued income | 490/1 | €6,523 | €44,175 | +€37,652 | +577% |
| Total equity and liabilities | 10/49 | €7,386,755 | €7,310,656 | -€76,099 | -1.0% |
| Equity | 10/15 | €1,236,177 | €1,374,850 | +€138,673 | +11.2% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €436,177 | €574,850 | +€138,673 | +31.8% |
| Distributable reserves | 133 | €436,177 | €574,850 | +€138,673 | +31.8% |
| Amounts payable | 17/49 | €6,150,578 | €5,935,806 | -€214,772 | -3.5% |
| Amounts payable after more than one year | 17 | €5,139,007 | €4,841,136 | -€297,871 | -5.8% |
| Financial debts | 170/4 | €5,139,007 | €4,841,136 | -€297,871 | -5.8% |
| Amounts payable within one year | 42/48 | €1,011,571 | €1,061,300 | +€49,729 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €292,853 | €297,871 | +€5,018 | +1.7% |
| Trade debts | 44 | €36,056 | €30,600 | -€5,456 | -15.1% |
| Suppliers | 440/4 | €36,056 | €30,600 | -€5,456 | -15.1% |
| Taxes, remuneration and social security | 45 | €82,207 | €82,374 | +€167 | +0.2% |
| Taxes | 450/3 | €82,207 | €82,374 | +€167 | +0.2% |
| Other amounts payable | 47/48 | €600,454 | €650,454 | +€50,000 | +8.3% |
| Accrued charges and deferred income | 492/3 | - | €33,370 | +€33,370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,148 | €184,352 | +€204 | +0.1% |
| Other operating charges | 640/8 | €13,022 | €33,496 | +€20,474 | +157% |
| Gross operating margin | 9900 | €553,375 | €597,027 | +€43,652 | +7.9% |
| Operating profit (loss) | 9901 | €356,205 | €379,179 | +€22,974 | +6.4% |
| Financial charges | 65/66B | €143,868 | €138,563 | -€5,305 | -3.7% |
| Recurring financial charges | 65 | €143,868 | €138,563 | -€5,305 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €212,337 | €240,616 | +€28,279 | +13.3% |
| Income taxes | 67/77 | €51,171 | €51,943 | +€772 | +1.5% |
| Profit (loss) for the period | 9904 | €161,166 | €188,673 | +€27,507 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €161,166 | €188,673 | +€27,507 | +17.1% |
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 22 October 2026 via checked.be.