Menten - Eckhardt: 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.
Menten - Eckhardt
Largest movements
- Receivables within one year -€7,998
down €7,998 (-45.7%), from €17,505 to €9,506
of which Trade receivables: -€12,760
- Cash +€2,077
up €2,077 (+58.7%), from €3,538 to €5,615
mainly Receivables within one year (+€7,998) and Net result for the year (+€1,930)
- Tangible fixed assets -€319
down €319 (-41.7%), from €766 to €446
- Deferred charges and accrued income -€273
down €273 (-100%), from €273 to €0
- Trade debts -€5,944
down €5,944 (-82.5%), from €7,207 to €1,263
- Other debts -€3,030
down €3,030 (-52.8%), from €5,739 to €2,708
- Reserves +€1,930
up €1,930 (+340%), from €568 to €2,498
- Tax, wage and social debts +€529
up €529 (+28.1%), from €1,885 to €2,414
- Gross operating margin +€10,322
up €10,322, from -€4,407 to €5,915
- Financial charges -€2,473
down €2,473 (-55.4%), from €4,464 to €1,992
- Other operating charges +€102
up €102 (+7.6%), from €1,334 to €1,436
- Taxes -€77
down €77 (-24.4%), from €316 to €238
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,081 | €15,568 | -€6,514 | -29.5% |
| Fixed assets | 21/28 | €766 | €446 | -€319 | -41.7% |
| Tangible fixed assets | 22/27 | €766 | €446 | -€319 | -41.7% |
| Plant, machinery and equipment | 23 | €766 | €446 | -€319 | -41.7% |
| Current assets | 29/58 | €21,315 | €15,121 | -€6,194 | -29.1% |
| Amounts receivable within one year | 40/41 | €17,505 | €9,506 | -€7,998 | -45.7% |
| Trade receivables | 40 | €12,760 | €0 | -€12,760 | -100% |
| Other amounts receivable | 41 | €4,745 | €9,506 | +€4,762 | +100% |
| Cash at bank and in hand | 54/58 | €3,538 | €5,615 | +€2,077 | +58.7% |
| Deferred charges and accrued income | 490/1 | €273 | €0 | -€273 | -100% |
| Total equity and liabilities | 10/49 | €22,081 | €15,568 | -€6,514 | -29.5% |
| Equity | 10/15 | €5,568 | €7,498 | +€1,930 | +34.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €568 | €2,498 | +€1,930 | +340% |
| Distributable reserves | 133 | €568 | €2,498 | +€1,930 | +340% |
| Amounts payable | 17/49 | €16,513 | €8,070 | -€8,444 | -51.1% |
| Amounts payable within one year | 42/48 | €16,513 | €8,070 | -€8,444 | -51.1% |
| Financial debts | 43 | €1,683 | €1,685 | +€1 | +0.1% |
| Credit institutions | 430/8 | €1,683 | €1,685 | +€1 | +0.1% |
| Trade debts | 44 | €7,207 | €1,263 | -€5,944 | -82.5% |
| Suppliers | 440/4 | €7,207 | €1,263 | -€5,944 | -82.5% |
| Taxes, remuneration and social security | 45 | €1,885 | €2,414 | +€529 | +28.1% |
| Taxes | 450/3 | €1,885 | €2,414 | +€529 | +28.1% |
| Other amounts payable | 47/48 | €5,739 | €2,708 | -€3,030 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €319 | = | 0.0% |
| Other operating charges | 640/8 | €1,334 | €1,436 | +€102 | +7.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€4,407 | €5,915 | +€10,322 | |
| Operating profit (loss) | 9901 | -€6,061 | €4,160 | +€10,220 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +833% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +833% |
| Financial charges | 65/66B | €4,464 | €1,992 | -€2,473 | -55.4% |
| Recurring financial charges | 65 | €4,464 | €1,992 | -€2,473 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,525 | €2,169 | +€12,694 | |
| Income taxes | 67/77 | €316 | €238 | -€77 | -24.4% |
| Profit (loss) for the period | 9904 | -€10,841 | €1,930 | +€12,771 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,841 | €1,930 | +€12,771 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.