MUNDO: 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.
MUNDO
Largest movements
- Receivables within one year +€35,150
up €35,150 (+1,339%), from €2,626 to €37,776
of which Trade receivables: +€32,910
- Receivables after one year -€2,082
down €2,082 (-4.7%), from €44,072 to €41,990
- Deferred charges and accrued income +€987
new in 2025: €987
- Trade debts +€26,493
up €26,493 (+886%), from €2,989 to €29,482
- Other debts +€3,233
up €3,233 (+43.3%), from €7,471 to €10,704
- Tax, wage and social debts +€2,781
new in 2025: €2,781
of which Remuneration and social security: +€2,590
- Reserves +€1,497
up €1,497 (+80.5%), from €1,860 to €3,357
- Gross operating margin +€8,158
up €8,158, from -€2,513 to €5,645
- Staff costs +€2,671
new in 2025: €2,671
- Other operating charges +€1,157
up €1,157 (+249%), from €465 to €1,622
- Financial charges +€509
up €509 (+214%), from €237 to €747
- Taxes +€150
new in 2025: €150
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 | €47,129 | €81,134 | +€34,005 | +72.2% |
| Fixed assets | 21/28 | €302 | €151 | -€151 | -50.0% |
| Tangible fixed assets | 22/27 | €302 | €151 | -€151 | -50.0% |
| Furniture and vehicles | 24 | €302 | €151 | -€151 | -50.0% |
| Current assets | 29/58 | €46,827 | €80,983 | +€34,156 | +72.9% |
| Amounts receivable after more than one year | 29 | €44,072 | €41,990 | -€2,082 | -4.7% |
| Other amounts receivable | 291 | €44,072 | €41,990 | -€2,082 | -4.7% |
| Amounts receivable within one year | 40/41 | €2,626 | €37,776 | +€35,150 | +1,339% |
| Trade receivables | 40 | - | €32,910 | +€32,910 | |
| Other amounts receivable | 41 | €2,626 | €4,866 | +€2,240 | +85.3% |
| Cash at bank and in hand | 54/58 | €128 | €230 | +€101 | +78.8% |
| Deferred charges and accrued income | 490/1 | - | €987 | +€987 | |
| Total equity and liabilities | 10/49 | €47,129 | €81,134 | +€34,005 | +72.2% |
| Equity | 10/15 | €36,669 | €38,167 | +€1,497 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €3,357 | +€1,497 | +80.5% |
| Distributable reserves | 133 | €1,860 | €3,357 | +€1,497 | +80.5% |
| Profit (loss) carried forward | 14 | €28,609 | €28,609 | = | 0.0% |
| Amounts payable | 17/49 | €10,460 | €42,967 | +€32,507 | +311% |
| Amounts payable within one year | 42/48 | €10,460 | €42,967 | +€32,507 | +311% |
| Trade debts | 44 | €2,989 | €29,482 | +€26,493 | +886% |
| Suppliers | 440/4 | €2,989 | €29,482 | +€26,493 | +886% |
| Taxes, remuneration and social security | 45 | - | €2,781 | +€2,781 | |
| Taxes | 450/3 | - | €190 | +€190 | |
| Remuneration and social security | 454/9 | - | €2,590 | +€2,590 | |
| Other amounts payable | 47/48 | €7,471 | €10,704 | +€3,233 | +43.3% |
| Remuneration, social security and pensions | 62 | - | €2,671 | +€2,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | €151 | = | 0.0% |
| Other operating charges | 640/8 | €465 | €1,622 | +€1,157 | +249% |
| Gross operating margin | 9900 | -€2,513 | €5,645 | +€8,158 | |
| Operating profit (loss) | 9901 | -€3,128 | €1,202 | +€4,330 | |
| Financial income | 75/76B | €1,245 | €1,192 | -€53 | -4.2% |
| Recurring financial income | 75 | €1,245 | €1,192 | -€53 | -4.2% |
| Financial charges | 65/66B | €237 | €747 | +€509 | +214% |
| Recurring financial charges | 65 | €237 | €747 | +€509 | +214% |
| Profit (loss) for the period before taxes | 9903 | -€2,121 | €1,647 | +€3,768 | |
| Income taxes | 67/77 | - | €150 | +€150 | |
| Profit (loss) for the period | 9904 | -€2,121 | €1,497 | +€3,619 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,121 | €1,497 | +€3,619 |
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 31 October 2026 via checked.be.