MUNDESI: what changed
Two fiscal 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.
MUNDESI
Largest movements
- Deferred charges and accrued income -€2,854
down €2,854 (-29.1%), from €9,789 to €6,936
- Tangible fixed assets -€808
down €808 (-25.0%), from €3,230 to €2,422
of which Furniture and vehicles: -€474
- Reserves -€31,999
down €31,999 (-78.3%), from €40,844 to €8,845
- Other debts +€30,833
up €30,833 (+209.8%), from €14,698 to €45,531
- Tax, wage and social debts -€1,858
down €1,858 (-21.1%), from €8,818 to €6,960
- Gross operating margin -€1,920
down €1,920 (-9.1%), from €20,992 to €19,072
- Depreciation -€513
down €513 (-38.8%), from €1,321 to €808
- Taxes -€370
down €370 (-8.0%), from €4,642 to €4,272
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 | €65,900 | €62,756 | -€3,144 | -4.8% |
| Fixed assets | 21/28 | €3,230 | €2,422 | -€808 | -25.0% |
| Tangible fixed assets | 22/27 | €3,230 | €2,422 | -€808 | -25.0% |
| Land and buildings | 22 | €2,124 | €1,790 | -€333 | -15.7% |
| Furniture and vehicles | 24 | €1,106 | €632 | -€474 | -42.9% |
| Current assets | 29/58 | €62,670 | €60,334 | -€2,337 | -3.7% |
| Amounts receivable within one year | 40/41 | €14,822 | €15,310 | +€487 | +3.3% |
| Trade receivables | 40 | €14,226 | €14,310 | +€84 | +0.6% |
| Other amounts receivable | 41 | €596 | €1,000 | +€403 | +67.6% |
| Cash at bank and in hand | 54/58 | €38,059 | €38,088 | +€29 | +0.1% |
| Deferred charges and accrued income | 490/1 | €9,789 | €6,936 | -€2,854 | -29.1% |
| Total equity and liabilities | 10/49 | €65,900 | €62,756 | -€3,144 | -4.8% |
| Equity | 10/15 | €41,844 | €9,845 | -€31,999 | -76.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €40,844 | €8,845 | -€31,999 | -78.3% |
| Distributable reserves | 133 | €40,844 | €8,845 | -€31,999 | -78.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,056 | €52,911 | +€28,855 | +119.9% |
| Amounts payable within one year | 42/48 | €24,056 | €52,911 | +€28,855 | +119.9% |
| Trade debts | 44 | €540 | €420 | -€120 | -22.2% |
| Suppliers | 440/4 | €540 | €420 | -€120 | -22.2% |
| Taxes, remuneration and social security | 45 | €8,818 | €6,960 | -€1,858 | -21.1% |
| Taxes | 450/3 | €8,818 | €6,960 | -€1,858 | -21.1% |
| Other amounts payable | 47/48 | €14,698 | €45,531 | +€30,833 | +209.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,321 | €808 | -€513 | -38.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €20,992 | €19,072 | -€1,920 | -9.1% |
| Operating profit (loss) | 9901 | €19,166 | €17,745 | -€1,421 | -7.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €804 | €682 | -€122 | -15.2% |
| Recurring financial charges | 65 | €804 | €682 | -€122 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €18,362 | €17,063 | -€1,299 | -7.1% |
| Income taxes | 67/77 | €4,642 | €4,272 | -€370 | -8.0% |
| Profit (loss) for the period | 9904 | €13,720 | €12,791 | -€929 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,720 | €12,791 | -€929 | -6.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.