DE MONTPELLIER: 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.
DE MONTPELLIER
Largest movements
- Receivables within one year +€52,277
up €52,277 (+27.1%), from €192,751 to €245,028
of which Other amounts receivable: +€118,565
- Cash +€27,854
up €27,854 (+6.2%), from €449,544 to €477,398
mainly Net result for the year (+€89,728) and Depreciation (+€14,596)
- Tangible fixed assets -€14,596
down €14,596 (-21.2%), from €68,813 to €54,216
of which Furniture and vehicles: -€14,596
- Receivables after one year +€13,809
up €13,809 (+44.6%), from €30,967 to €44,775
- Reserves +€89,000
up €89,000 (+14.2%), from €626,464 to €715,464
of which Distributable reserves: +€89,000
- Gross operating margin -€118,465
down €118,465 (-46.1%), from €256,796 to €138,331
- Taxes -€38,535
down €38,535 (-50.1%), from €76,974 to €38,439
- Depreciation +€5,616
up €5,616 (+62.5%), from €8,981 to €14,596
- Other operating charges -€3,683
down €3,683 (-62.6%), from €5,884 to €2,201
- Financial income -€3,331
down €3,331 (-25.1%), from €13,252 to €9,922
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 | €744,106 | €823,358 | +€79,251 | +10.7% |
| Fixed assets | 21/28 | €68,884 | €54,287 | -€14,596 | -21.2% |
| Tangible fixed assets | 22/27 | €68,813 | €54,216 | -€14,596 | -21.2% |
| Furniture and vehicles | 24 | €34,813 | €20,216 | -€14,596 | -41.9% |
| Other tangible fixed assets | 26 | €34,000 | €34,000 | = | 0.0% |
| Financial fixed assets | 28 | €71 | €71 | = | 0.0% |
| Current assets | 29/58 | €675,223 | €769,070 | +€93,848 | +13.9% |
| Amounts receivable after more than one year | 29 | €30,967 | €44,775 | +€13,809 | +44.6% |
| Other amounts receivable | 291 | €30,967 | €44,775 | +€13,809 | +44.6% |
| Amounts receivable within one year | 40/41 | €192,751 | €245,028 | +€52,277 | +27.1% |
| Trade receivables | 40 | €98,299 | €32,011 | -€66,288 | -67.4% |
| Other amounts receivable | 41 | €94,452 | €213,017 | +€118,565 | +126% |
| Cash at bank and in hand | 54/58 | €449,544 | €477,398 | +€27,854 | +6.2% |
| Deferred charges and accrued income | 490/1 | €1,960 | €1,869 | -€91 | -4.6% |
| Total equity and liabilities | 10/49 | €744,106 | €823,358 | +€79,251 | +10.7% |
| Equity | 10/15 | €644,317 | €734,044 | +€89,728 | +13.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €626,464 | €715,464 | +€89,000 | +14.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €624,604 | €713,604 | +€89,000 | +14.2% |
| Profit (loss) carried forward | 14 | €5,453 | €6,181 | +€728 | +13.3% |
| Amounts payable | 17/49 | €99,790 | €89,314 | -€10,476 | -10.5% |
| Amounts payable after more than one year | 17 | €25,230 | €22,464 | -€2,765 | -11.0% |
| Financial debts | 170/4 | €25,230 | €22,464 | -€2,765 | -11.0% |
| Amounts payable within one year | 42/48 | €74,560 | €66,849 | -€7,711 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €2,531 | €2,765 | +€234 | +9.3% |
| Financial debts | 43 | - | €283 | +€283 | |
| Credit institutions | 430/8 | - | €283 | +€283 | |
| Trade debts | 44 | €1,232 | €1,181 | -€52 | -4.2% |
| Suppliers | 440/4 | €1,232 | €1,181 | -€52 | -4.2% |
| Taxes, remuneration and social security | 45 | €70,797 | €62,620 | -€8,176 | -11.5% |
| Taxes | 450/3 | €70,797 | €62,620 | -€8,176 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,981 | €14,596 | +€5,616 | +62.5% |
| Other operating charges | 640/8 | €5,884 | €2,201 | -€3,683 | -62.6% |
| Gross operating margin | 9900 | €256,796 | €138,331 | -€118,465 | -46.1% |
| Operating profit (loss) | 9901 | €241,932 | €121,534 | -€120,398 | -49.8% |
| Financial income | 75/76B | €13,252 | €9,922 | -€3,331 | -25.1% |
| Recurring financial income | 75 | €13,252 | €9,922 | -€3,331 | -25.1% |
| Financial charges | 65/66B | €1,922 | €3,290 | +€1,368 | +71.2% |
| Recurring financial charges | 65 | €1,922 | €3,290 | +€1,368 | +71.2% |
| Profit (loss) for the period before taxes | 9903 | €253,263 | €128,166 | -€125,096 | -49.4% |
| Income taxes | 67/77 | €76,974 | €38,439 | -€38,535 | -50.1% |
| Profit (loss) for the period | 9904 | €176,289 | €89,728 | -€86,561 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €176,289 | €89,728 | -€86,561 | -49.1% |
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 14 October 2026 via checked.be.