EL MONTE: what changed
Two fiscal 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.
EL MONTE
Largest movements
- Cash +€4,722
up €4,722 (+113.7%), from €4,154 to €8,875
mainly Other debts (+€4,356) and Net result for the year (+€2,247)
- Receivables within one year -€1,177
down €1,177 (-22.0%), from €5,347 to €4,169
of which Trade receivables: -€1,198
- Intangible fixed assets +€364
up €364 (+12.5%), from €2,912 to €3,276
- Other debts +€4,356
up €4,356 (+25.7%), from €16,965 to €21,321
- Trade debts -€2,660
down €2,660 (-75.3%), from €3,531 to €871
- Profit (loss) carried forward +€2,247
up €2,247 (+36.1%), from -€6,225 to -€3,979
- Tax, wage and social debts +€391
up €391 (+20.8%), from €1,881 to €2,272
- Financial charges -€7,698
down €7,698 (-93.1%), from €8,266 to €568
- Gross operating margin +€4,068
up €4,068 (+360.5%), from €1,128 to €5,196
- Depreciation +€1,641
up €1,641 (+277.2%), from €592 to €2,233
- Other operating charges -€530
down €530 (-76.8%), from €690 to €160
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.
Cash bridge derived
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 | €21,152 | €25,485 | +€4,333 | +20.5% |
| Fixed assets | 21/28 | €7,781 | €8,384 | +€602 | +7.7% |
| Intangible fixed assets | 21 | €2,912 | €3,276 | +€364 | +12.5% |
| Tangible fixed assets | 22/27 | €4,870 | €5,108 | +€239 | +4.9% |
| Furniture and vehicles | 24 | €4,870 | €5,108 | +€239 | +4.9% |
| Current assets | 29/58 | €13,370 | €17,101 | +€3,731 | +27.9% |
| Stocks and contracts in progress | 3 | €3,787 | €3,971 | +€185 | +4.9% |
| Stocks | 30/36 | €3,787 | €3,971 | +€185 | +4.9% |
| Amounts receivable within one year | 40/41 | €5,347 | €4,169 | -€1,177 | -22.0% |
| Trade receivables | 40 | €4,500 | €3,301 | -€1,198 | -26.6% |
| Other amounts receivable | 41 | €847 | €868 | +€21 | +2.5% |
| Cash at bank and in hand | 54/58 | €4,154 | €8,875 | +€4,722 | +113.7% |
| Deferred charges and accrued income | 490/1 | €83 | €85 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €21,152 | €25,485 | +€4,333 | +20.5% |
| Equity | 10/15 | -€1,225 | €1,021 | +€2,247 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,225 | -€3,979 | +€2,247 | +36.1% |
| Amounts payable | 17/49 | €22,377 | €24,464 | +€2,086 | +9.3% |
| Amounts payable within one year | 42/48 | €22,377 | €24,464 | +€2,086 | +9.3% |
| Trade debts | 44 | €3,531 | €871 | -€2,660 | -75.3% |
| Suppliers | 440/4 | €3,531 | €871 | -€2,660 | -75.3% |
| Taxes, remuneration and social security | 45 | €1,881 | €2,272 | +€391 | +20.8% |
| Taxes | 450/3 | €1,881 | €2,272 | +€391 | +20.8% |
| Other amounts payable | 47/48 | €16,965 | €21,321 | +€4,356 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592 | €2,233 | +€1,641 | +277.2% |
| Other operating charges | 640/8 | €690 | €160 | -€530 | -76.8% |
| Gross operating margin | 9900 | €1,128 | €5,196 | +€4,068 | +360.5% |
| Operating profit (loss) | 9901 | -€154 | €2,803 | +€2,957 | |
| Financial income | 75/76B | €41 | €12 | -€29 | -71.3% |
| Recurring financial income | 75 | €41 | €12 | -€29 | -71.3% |
| Financial charges | 65/66B | €8,266 | €568 | -€7,698 | -93.1% |
| Recurring financial charges | 65 | €8,266 | €568 | -€7,698 | -93.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,378 | €2,247 | +€10,625 | |
| Profit (loss) for the period | 9904 | -€8,378 | €2,247 | +€10,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,378 | €2,247 | +€10,625 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.