KD MONIQUET: 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.
KD MONIQUET
Largest movements
- Cash -€14,152
down €14,152 (-42.8%), from €33,080 to €18,928
mainly Contributions, distributions and other (-€30,308) and Other debts (-€23,897)
- Receivables within one year -€8,286
down €8,286 (-28.5%), from €29,028 to €20,742
of which Trade receivables: -€9,875
- Tangible fixed assets -€8,273
down €8,273 (-21.0%), from €39,479 to €31,206
- Other debts -€23,897
down €23,897 (-44.1%), from €54,205 to €30,308
- Debts after one year -€7,634
down €7,634 (-33.3%), from €22,894 to €15,260
of which Financial debts: -€8,171
- Gross operating margin -€24,385
down €24,385 (-31.0%), from €78,642 to €54,257
- Depreciation +€5,938
up €5,938 (+91.3%), from €6,507 to €12,445
- Taxes -€4,239
down €4,239 (-34.6%), from €12,238 to €7,999
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 | €110,396 | €79,206 | -€31,190 | -28.3% |
| Fixed assets | 21/28 | €41,318 | €33,045 | -€8,273 | -20.0% |
| Tangible fixed assets | 22/27 | €39,479 | €31,206 | -€8,273 | -21.0% |
| Furniture and vehicles | 24 | €39,479 | €31,206 | -€8,273 | -21.0% |
| Financial fixed assets | 28 | €1,839 | €1,839 | = | 0.0% |
| Current assets | 29/58 | €69,078 | €46,161 | -€22,917 | -33.2% |
| Amounts receivable within one year | 40/41 | €29,028 | €20,742 | -€8,286 | -28.5% |
| Trade receivables | 40 | €27,316 | €17,441 | -€9,875 | -36.2% |
| Other amounts receivable | 41 | €1,712 | €3,301 | +€1,589 | +92.8% |
| Cash at bank and in hand | 54/58 | €33,080 | €18,928 | -€14,152 | -42.8% |
| Deferred charges and accrued income | 490/1 | €6,970 | €6,491 | -€479 | -6.9% |
| Total equity and liabilities | 10/49 | €110,396 | €79,206 | -€31,190 | -28.3% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €91,796 | €60,606 | -€31,190 | -34.0% |
| Amounts payable after more than one year | 17 | €22,894 | €15,260 | -€7,634 | -33.3% |
| Financial debts | 170/4 | €22,704 | €14,533 | -€8,171 | -36.0% |
| Other amounts payable | 178/9 | €190 | €727 | +€537 | +283% |
| Amounts payable within one year | 42/48 | €68,523 | €45,021 | -€23,502 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €7,784 | €8,172 | +€388 | +5.0% |
| Trade debts | 44 | €1,459 | €1,775 | +€316 | +21.7% |
| Suppliers | 440/4 | €1,459 | €1,775 | +€316 | +21.7% |
| Taxes, remuneration and social security | 45 | €5,075 | €4,766 | -€309 | -6.1% |
| Taxes | 450/3 | €2,925 | €2,616 | -€309 | -10.6% |
| Remuneration and social security | 454/9 | €2,150 | €2,150 | = | 0.0% |
| Other amounts payable | 47/48 | €54,205 | €30,308 | -€23,897 | -44.1% |
| Accrued charges and deferred income | 492/3 | €379 | €325 | -€54 | -14.2% |
| Non-recurring operating income | 76A | €6,222 | - | -€6,222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,507 | €12,445 | +€5,938 | +91.3% |
| Other operating charges | 640/8 | €679 | €887 | +€208 | +30.6% |
| Non-recurring operating charges | 66A | €2,696 | - | -€2,696 | |
| Gross operating margin | 9900 | €78,642 | €54,257 | -€24,385 | -31.0% |
| Operating profit (loss) | 9901 | €68,760 | €40,925 | -€27,835 | -40.5% |
| Financial charges | 65/66B | €2,317 | €2,618 | +€301 | +13.0% |
| Recurring financial charges | 65 | €2,317 | €2,618 | +€301 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €66,443 | €38,307 | -€28,136 | -42.3% |
| Income taxes | 67/77 | €12,238 | €7,999 | -€4,239 | -34.6% |
| Profit (loss) for the period | 9904 | €54,205 | €30,308 | -€23,897 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,205 | €30,308 | -€23,897 | -44.1% |
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 25 October 2026 via checked.be.