ABOUT MONDAY: 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.
ABOUT MONDAY
Largest movements
- Receivables within one year +€70,902
up €70,902 (+39.2%), from €181,065 to €251,967
of which Trade receivables: +€65,378
- Cash -€31,454
down €31,454 (-76.0%), from €41,398 to €9,944
mainly Receivables within one year (-€70,902) and Contributions, distributions and other (-€35,000)
- Trade debts +€58,522
up €58,522 (+84.3%), from €69,409 to €127,931
- Other debts -€13,331
down €13,331 (-26.7%), from €50,006 to €36,674
- Tax, wage and social debts -€7,938
down €7,938 (-29.8%), from €26,670 to €18,731
- Short-term financial debts +€5,419
up €5,419 (+160%), from €3,386 to €8,805
- Current portion of long-term debt -€2,965
down €2,965 (-57.4%), from €5,162 to €2,197
- Gross operating margin -€34,721
down €34,721 (-40.1%), from €86,649 to €51,928
- Taxes -€6,320
down €6,320 (-32.8%), from €19,279 to €12,959
- Depreciation -€3,334
down €3,334 (-65.2%), from €5,110 to €1,776
- Financial income +€1,758
up €1,758 (+4,582%), from €38 to €1,797
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 | €228,447 | €266,908 | +€38,461 | +16.8% |
| Fixed assets | 21/28 | €4,360 | €2,584 | -€1,776 | -40.7% |
| Tangible fixed assets | 22/27 | €4,360 | €2,584 | -€1,776 | -40.7% |
| Plant, machinery and equipment | 23 | €4,360 | €2,584 | -€1,776 | -40.7% |
| Current assets | 29/58 | €224,087 | €264,324 | +€40,237 | +18.0% |
| Amounts receivable within one year | 40/41 | €181,065 | €251,967 | +€70,902 | +39.2% |
| Trade receivables | 40 | €180,534 | €245,912 | +€65,378 | +36.2% |
| Other amounts receivable | 41 | €531 | €6,054 | +€5,524 | +1,041% |
| Cash at bank and in hand | 54/58 | €41,398 | €9,944 | -€31,454 | -76.0% |
| Deferred charges and accrued income | 490/1 | €1,625 | €2,414 | +€789 | +48.6% |
| Total equity and liabilities | 10/49 | €228,447 | €266,908 | +€38,461 | +16.8% |
| Equity | 10/15 | €71,618 | €72,570 | +€952 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,158 | €52,110 | +€952 | +1.9% |
| Amounts payable | 17/49 | €156,829 | €194,338 | +€37,509 | +23.9% |
| Amounts payable after more than one year | 17 | €2,197 | €0 | -€2,197 | -100% |
| Financial debts | 170/4 | €2,197 | €0 | -€2,197 | -100% |
| Amounts payable within one year | 42/48 | €154,632 | €194,338 | +€39,706 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €5,162 | €2,197 | -€2,965 | -57.4% |
| Financial debts | 43 | €3,386 | €8,805 | +€5,419 | +160% |
| Credit institutions | 430/8 | €3,386 | €8,805 | +€5,419 | +160% |
| Trade debts | 44 | €69,409 | €127,931 | +€58,522 | +84.3% |
| Suppliers | 440/4 | €69,409 | €127,931 | +€58,522 | +84.3% |
| Taxes, remuneration and social security | 45 | €26,670 | €18,731 | -€7,938 | -29.8% |
| Taxes | 450/3 | €26,670 | €18,731 | -€7,938 | -29.8% |
| Other amounts payable | 47/48 | €50,006 | €36,674 | -€13,331 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,110 | €1,776 | -€3,334 | -65.2% |
| Other operating charges | 640/8 | €1,715 | €2,299 | +€584 | +34.1% |
| Gross operating margin | 9900 | €86,649 | €51,928 | -€34,721 | -40.1% |
| Operating profit (loss) | 9901 | €79,824 | €47,853 | -€31,971 | -40.1% |
| Financial income | 75/76B | €38 | €1,797 | +€1,758 | +4,582% |
| Recurring financial income | 75 | €38 | €1,797 | +€1,758 | +4,582% |
| Financial charges | 65/66B | €1,431 | €739 | -€692 | -48.3% |
| Recurring financial charges | 65 | €1,431 | €739 | -€692 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €78,432 | €48,910 | -€29,521 | -37.6% |
| Income taxes | 67/77 | €19,279 | €12,959 | -€6,320 | -32.8% |
| Profit (loss) for the period | 9904 | €59,153 | €35,952 | -€23,201 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,153 | €35,952 | -€23,201 | -39.2% |
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 15 October 2026 via checked.be.