MUNDOVERT IRES: what changed
What changed
MUNDOVERT IRES
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€176,040
2024 · €161,065+€14,976
Equity
€42,580
2024 · €76,540-€33,960
Cash
€179,648
2024 · €122,813+€56,835
Balance sheet total
€549,767
2024 · €493,132+€56,635
Largest movements
Assets
- Cash +€56,835
up €56,835 (+46.3%), from €122,813 to €179,648
mainly Net result for the year (+€176,040) and Other debts (+€83,597)
Equity and liabilities
- Other debts +€83,597
up €83,597 (+68.9%), from €121,253 to €204,850
- Reserves -€33,960
down €33,960 (-47.5%), from €71,540 to €37,580
- Tax, wage and social debts +€31,308
up €31,308 (+117%), from €26,847 to €58,155
of which Taxes: +€28,852
- Debts after one year -€20,714
down €20,714 (-8.6%), from €239,997 to €219,283
Income statement
- Gross operating margin +€12,849
up €12,849 (+5.5%), from €232,583 to €245,432
- Financial charges -€6,524
down €6,524 (-58.0%), from €11,249 to €4,725
- Taxes +€4,430
up €4,430 (+9.1%), from €48,756 to €53,187
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€161,065
Gross operating margin
+€12,849
Depreciation
+€345
Other operating charges
-€982
Financial income
+€670
Financial charges
+€6,524
Taxes
-€4,430
Result 2025
€176,040
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€292,882
Investment
-€5,565
Financing
-€230,483
Cash 2024
€122,813
From operations (derived)
+€292,882
Net result for the year
+€176,040
Depreciation
+€10,995
Stocks and contracts
+€56
Receivables within one year
-€4,266
Deferred charges and accrued income
-€1,020
Trade debts
+€962
Tax, wage and social debts
+€31,308
Other debts
+€83,597
Accrued charges and deferred income
-€4,789
Investment (derived)
-€5,565
Investment in fixed assets (net)
-€5,625
Current investments
+€60
Financing
-€230,483
Debts after one year
-€20,714
Current portion of long-term debt
+€231
Contributions, distributions and other
-€210,000
Cash 2025
€179,648
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €493,132 | €549,767 | +€56,635 | +11.5% |
| Fixed assets | 21/28 | €353,078 | €347,708 | -€5,370 | -1.5% |
| Tangible fixed assets | 22/27 | €353,078 | €347,708 | -€5,370 | -1.5% |
| Land and buildings | 22 | €352,624 | €342,068 | -€10,557 | -3.0% |
| Furniture and vehicles | 24 | €454 | €27 | -€427 | -94.2% |
| Other tangible fixed assets | 26 | - | €197 | +€197 | |
| Assets under construction and advance payments | 27 | - | €5,417 | +€5,417 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €140,053 | €202,058 | +€62,005 | +44.3% |
| Stocks and contracts in progress | 3 | €1,600 | €1,544 | -€56 | -3.5% |
| Stocks | 30/36 | €1,600 | €1,544 | -€56 | -3.5% |
| Amounts receivable within one year | 40/41 | €3,763 | €8,029 | +€4,266 | +113% |
| Trade receivables | 40 | - | €4,163 | +€4,163 | |
| Other amounts receivable | 41 | €3,763 | €3,866 | +€103 | +2.7% |
| Current investments | 50/53 | €8,580 | €8,520 | -€60 | -0.7% |
| Cash at bank and in hand | 54/58 | €122,813 | €179,648 | +€56,835 | +46.3% |
| Deferred charges and accrued income | 490/1 | €3,297 | €4,317 | +€1,020 | +30.9% |
| Total equity and liabilities | 10/49 | €493,132 | €549,767 | +€56,635 | +11.5% |
| Equity | 10/15 | €76,540 | €42,580 | -€33,960 | -44.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,540 | €37,580 | -€33,960 | -47.5% |
| Distributable reserves | 133 | €71,540 | €37,580 | -€33,960 | -47.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €416,592 | €507,187 | +€90,595 | +21.7% |
| Amounts payable after more than one year | 17 | €239,997 | €219,283 | -€20,714 | -8.6% |
| Financial debts | 170/4 | €239,997 | €219,283 | -€20,714 | -8.6% |
| Amounts payable within one year | 42/48 | €171,003 | €287,101 | +€116,097 | +67.9% |
| Current portion of amounts payable after more than one year | 42 | €20,483 | €20,714 | +€231 | +1.1% |
| Trade debts | 44 | €2,421 | €3,382 | +€962 | +39.7% |
| Suppliers | 440/4 | €2,421 | €3,382 | +€962 | +39.7% |
| Taxes, remuneration and social security | 45 | €26,847 | €58,155 | +€31,308 | +117% |
| Taxes | 450/3 | €26,391 | €55,243 | +€28,852 | +109% |
| Remuneration and social security | 454/9 | €456 | €2,912 | +€2,456 | +539% |
| Other amounts payable | 47/48 | €121,253 | €204,850 | +€83,597 | +68.9% |
| Accrued charges and deferred income | 492/3 | €5,592 | €803 | -€4,789 | -85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,339 | €10,995 | -€345 | -3.0% |
| Other operating charges | 640/8 | €387 | €1,369 | +€982 | +254% |
| Gross operating margin | 9900 | €232,583 | €245,432 | +€12,849 | +5.5% |
| Operating profit (loss) | 9901 | €220,856 | €233,068 | +€12,212 | +5.5% |
| Financial income | 75/76B | €214 | €884 | +€670 | +313% |
| Recurring financial income | 75 | €214 | €884 | +€670 | +313% |
| Financial charges | 65/66B | €11,249 | €4,725 | -€6,524 | -58.0% |
| Recurring financial charges | 65 | €11,249 | €4,725 | -€6,524 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €209,821 | €229,227 | +€19,406 | +9.2% |
| Income taxes | 67/77 | €48,756 | €53,187 | +€4,430 | +9.1% |
| Profit (loss) for the period | 9904 | €161,065 | €176,040 | +€14,976 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €161,065 | €176,040 | +€14,976 | +9.3% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.