Mundo Matongé: 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.
What changed
Mundo Matongé
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€71,328
2024 · €109,269-€37,941
Equity
€1.1m
2024 · €1.2m-€57,247
Cash
€177,196
2024 · €67,051+€110,145
Balance sheet total
€4.8m
2024 · €4.7m+€135,936
Largest movements
Assets
- Cash +€110,145
up €110,145 (+164%), from €67,051 to €177,196
mainly Debts after one year (+€448,740) and Depreciation (+€245,980)
- Tangible fixed assets +€71,404
up €71,404 (+1.6%), from €4.5m to €4.5m
of which Assets under construction and advance payments: +€253,916
Equity and liabilities
- Debts after one year +€448,740
up €448,740 (+18.2%), from €2.5m to €2.9m
of which Financial debts: +€439,973
- Current portion of long-term debt -€225,186
no longer reported in 2025 (was €225,186)
- Trade debts +€51,726
up €51,726 (+18.2%), from €284,576 to €336,302
Income statement
- Staff costs +€48,558
up €48,558 (+26.8%), from €181,018 to €229,575
- Financial charges +€30,218
up €30,218 (+27.6%), from €109,540 to €139,758
- Gross operating margin +€28,035
up €28,035 (+3.6%), from €782,611 to €810,646
- Taxes -€17,084
down €17,084 (-27.8%), from €61,368 to €44,283
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.
Result 2024
€109,269
Gross operating margin
+€28,035
Staff costs
-€48,558
Depreciation
-€4,329
Write-downs
+€1,568
Other operating charges
-€39
Financial income
-€1,485
Financial charges
-€30,218
Taxes
+€17,084
Result 2025
€71,328
raises the resultlowers the result
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.
From operations
+€347,884
Investment
-€317,385
Financing
+€79,645
Cash 2024
€67,051
From operations (derived)
+€347,884
Net result for the year
+€71,328
Depreciation
+€245,980
Receivables within one year
+€46,535
Smaller working-capital items
-€1,838
Provisions
-€17,086
Trade debts
+€51,726
Tax, wage and social debts
-€9,090
Other debts
-€39,670
Investment (derived)
-€317,385
Investment in fixed assets (net)
-€317,385
Financing
+€79,645
Debts after one year
+€448,740
Current portion of long-term debt
-€225,186
Short-term financial debts
-€15,335
Contributions, distributions and other
-€128,575
Cash 2025
€177,196
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,698,019 | €4,833,955 | +€135,936 | +2.9% |
| Fixed assets | 21/28 | €4,466,609 | €4,538,013 | +€71,404 | +1.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €4,466,584 | €4,537,988 | +€71,404 | +1.6% |
| Land and buildings | 22 | €4,190,252 | €4,021,781 | -€168,471 | -4.0% |
| Plant, machinery and equipment | 23 | €132,282 | €120,362 | -€11,920 | -9.0% |
| Furniture and vehicles | 24 | €19,632 | €20,559 | +€927 | +4.7% |
| Leasing and similar rights | 25 | €55,449 | €52,400 | -€3,048 | -5.5% |
| Assets under construction and advance payments | 27 | €68,970 | €322,886 | +€253,916 | +368% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €231,410 | €295,942 | +€64,532 | +27.9% |
| Amounts receivable within one year | 40/41 | €129,429 | €82,894 | -€46,535 | -36.0% |
| Trade receivables | 40 | €62,038 | €44,390 | -€17,647 | -28.4% |
| Other amounts receivable | 41 | €67,391 | €38,504 | -€28,887 | -42.9% |
| Cash at bank and in hand | 54/58 | €67,051 | €177,196 | +€110,145 | +164% |
| Deferred charges and accrued income | 490/1 | €34,930 | €35,852 | +€922 | +2.6% |
| Total equity and liabilities | 10/49 | €4,698,019 | €4,833,955 | +€135,936 | +2.9% |
| Equity | 10/15 | €1,187,879 | €1,130,632 | -€57,247 | -4.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €678,844 | €646,928 | -€31,916 | -4.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €503,335 | €471,419 | -€31,916 | -6.3% |
| Distributable reserves | 133 | €169,309 | €169,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €282,694 | €265,938 | -€16,756 | -5.9% |
| Investment grants | 15 | €164,341 | €155,766 | -€8,575 | -5.2% |
| Provisions and deferred taxes | 16 | €267,490 | €250,404 | -€17,086 | -6.4% |
| Deferred taxes | 168 | €267,490 | €250,404 | -€17,086 | -6.4% |
| Amounts payable | 17/49 | €3,242,650 | €3,452,919 | +€210,269 | +6.5% |
| Amounts payable after more than one year | 17 | €2,462,664 | €2,911,405 | +€448,740 | +18.2% |
| Financial debts | 170/4 | €2,428,354 | €2,868,327 | +€439,973 | +18.1% |
| Other amounts payable | 178/9 | €34,310 | €43,077 | +€8,767 | +25.6% |
| Amounts payable within one year | 42/48 | €749,060 | €511,505 | -€237,555 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €225,186 | - | -€225,186 | |
| Financial debts | 43 | €37,622 | €22,287 | -€15,335 | -40.8% |
| Credit institutions | 430/8 | €37,622 | €22,287 | -€15,335 | -40.8% |
| Trade debts | 44 | €284,576 | €336,302 | +€51,726 | +18.2% |
| Suppliers | 440/4 | €284,576 | €336,302 | +€51,726 | +18.2% |
| Taxes, remuneration and social security | 45 | €37,378 | €28,288 | -€9,090 | -24.3% |
| Taxes | 450/3 | €16,585 | €8,585 | -€8,000 | -48.2% |
| Remuneration and social security | 454/9 | €20,793 | €19,703 | -€1,090 | -5.2% |
| Other amounts payable | 47/48 | €164,298 | €124,628 | -€39,670 | -24.1% |
| Accrued charges and deferred income | 492/3 | €30,926 | €30,009 | -€916 | -3.0% |
| Remuneration, social security and pensions | 62 | €181,018 | €229,575 | +€48,558 | +26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241,651 | €245,980 | +€4,329 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €891 | -€678 | -€1,568 | |
| Other operating charges | 640/8 | €106,788 | €106,827 | +€39 | 0.0% |
| Gross operating margin | 9900 | €782,611 | €810,646 | +€28,035 | +3.6% |
| Operating profit (loss) | 9901 | €252,263 | €228,941 | -€23,322 | -9.2% |
| Financial income | 75/76B | €10,828 | €9,342 | -€1,485 | -13.7% |
| Recurring financial income | 75 | €10,828 | €9,342 | -€1,485 | -13.7% |
| Financial charges | 65/66B | €109,540 | €139,758 | +€30,218 | +27.6% |
| Recurring financial charges | 65 | €109,540 | €139,758 | +€30,218 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €153,550 | €98,525 | -€55,025 | -35.8% |
| Transfer from deferred taxes | 780 | €17,086 | €17,086 | = | 0.0% |
| Income taxes | 67/77 | €61,368 | €44,283 | -€17,084 | -27.8% |
| Profit (loss) for the period | 9904 | €109,269 | €71,328 | -€37,941 | -34.7% |
| Transfer from tax-exempt reserves | 789 | €31,916 | €31,916 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €141,185 | €103,244 | -€37,941 | -26.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.