SERVICES MERTENS: 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.
SERVICES MERTENS
Largest movements
- Receivables within one year +€16,154
up €16,154 (+34.1%), from €47,350 to €63,504
of which Other amounts receivable: +€16,444
- Tangible fixed assets +€11,720
up €11,720 (+58.3%), from €20,104 to €31,825
of which Furniture and vehicles: +€6,169
- Cash +€3,905
up €3,905 (+290%), from €1,345 to €5,250
mainly Tax, wage and social debts (+€18,769) and Net result for the year (+€15,955)
- Tax, wage and social debts +€18,769
up €18,769 (+175%), from €10,703 to €29,472
of which Taxes: +€15,262
- Profit (loss) carried forward +€15,955
up €15,955 (+89.6%), from €17,801 to €33,756
- Trade debts -€2,582
down €2,582 (-6.8%), from €37,730 to €35,147
- Gross operating margin +€28,149
up €28,149 (+123%), from €22,941 to €51,091
- Staff costs +€12,924
up €12,924 (+205%), from €6,309 to €19,233
- Depreciation +€7,661
up €7,661 (+361%), from €2,119 to €9,780
- Other operating charges +€2,937
up €2,937 (+300%), from €980 to €3,916
- Financial income +€1,300
up €1,300 (+80.1%), from €1,623 to €2,923
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,909 | €100,875 | +€31,966 | +46.4% |
| Fixed assets | 21/28 | €20,104 | €31,825 | +€11,720 | +58.3% |
| Tangible fixed assets | 22/27 | €20,104 | €31,825 | +€11,720 | +58.3% |
| Plant, machinery and equipment | 23 | €15,192 | €20,744 | +€5,551 | +36.5% |
| Furniture and vehicles | 24 | €4,912 | €11,081 | +€6,169 | +126% |
| Current assets | 29/58 | €48,805 | €69,050 | +€20,246 | +41.5% |
| Amounts receivable within one year | 40/41 | €47,350 | €63,504 | +€16,154 | +34.1% |
| Trade receivables | 40 | €290 | - | -€290 | |
| Other amounts receivable | 41 | €47,061 | €63,504 | +€16,444 | +34.9% |
| Cash at bank and in hand | 54/58 | €1,345 | €5,250 | +€3,905 | +290% |
| Deferred charges and accrued income | 490/1 | €110 | €296 | +€186 | +170% |
| Total equity and liabilities | 10/49 | €68,909 | €100,875 | +€31,966 | +46.4% |
| Equity | 10/15 | €20,301 | €36,256 | +€15,955 | +78.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,801 | €33,756 | +€15,955 | +89.6% |
| Amounts payable | 17/49 | €48,608 | €64,619 | +€16,011 | +32.9% |
| Amounts payable within one year | 42/48 | €48,433 | €64,619 | +€16,186 | +33.4% |
| Trade debts | 44 | €37,730 | €35,147 | -€2,582 | -6.8% |
| Suppliers | 440/4 | €37,730 | €35,147 | -€2,582 | -6.8% |
| Taxes, remuneration and social security | 45 | €10,703 | €29,472 | +€18,769 | +175% |
| Taxes | 450/3 | €9,660 | €24,923 | +€15,262 | +158% |
| Remuneration and social security | 454/9 | €1,043 | €4,549 | +€3,506 | +336% |
| Accrued charges and deferred income | 492/3 | €175 | - | -€175 | |
| Remuneration, social security and pensions | 62 | €6,309 | €19,233 | +€12,924 | +205% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,119 | €9,780 | +€7,661 | +361% |
| Other operating charges | 640/8 | €980 | €3,916 | +€2,937 | +300% |
| Gross operating margin | 9900 | €22,941 | €51,091 | +€28,149 | +123% |
| Operating profit (loss) | 9901 | €13,533 | €18,161 | +€4,628 | +34.2% |
| Financial income | 75/76B | €1,623 | €2,923 | +€1,300 | +80.1% |
| Recurring financial income | 75 | €1,623 | €2,923 | +€1,300 | +80.1% |
| Financial charges | 65/66B | €330 | €785 | +€455 | +138% |
| Recurring financial charges | 65 | €330 | €785 | +€455 | +138% |
| Profit (loss) for the period before taxes | 9903 | €14,826 | €20,299 | +€5,473 | +36.9% |
| Income taxes | 67/77 | €3,054 | €4,344 | +€1,290 | +42.2% |
| Profit (loss) for the period | 9904 | €11,771 | €15,955 | +€4,183 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,771 | €15,955 | +€4,183 | +35.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.