Le 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.
Le MONTE
Largest movements
- Receivables within one year +€52,079
up €52,079 (+66.9%), from €77,860 to €129,940
of which Other amounts receivable: +€78,503
- Cash +€38,815
new in 2021: €38,815
mainly Net result for the year (+€56,741) and Trade debts (+€31,952)
- Tangible fixed assets +€16,862
new in 2021: €16,862
of which Other tangible fixed assets: +€8,875
- Profit (loss) carried forward +€56,741
up €56,741 (+80.1%), from -€70,876 to -€14,134
- Trade debts +€31,952
up €31,952, from €0 to €31,952
- Tax, wage and social debts +€19,063
new in 2021: €19,063
of which Taxes: +€18,548
- Turnover +€217,448
new in 2021: €217,448
- Purchases and services +€142,984
new in 2021: €142,984
- Gross operating margin +€68,181
up €68,181 (+984.5%), from €6,925 to €75,107
- Staff costs +€9,058
new in 2021: €9,058
- Financial charges +€6,400
new in 2021: €6,400
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,860 | €185,616 | +€107,756 | +138.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €16,862 | +€16,862 | |
| Tangible fixed assets | 22/27 | - | €16,862 | +€16,862 | |
| Furniture and vehicles | 24 | - | €7,987 | +€7,987 | |
| Other tangible fixed assets | 26 | - | €8,875 | +€8,875 | |
| Current assets | 29/58 | €77,860 | €168,755 | +€90,894 | +116.7% |
| Amounts receivable within one year | 40/41 | €77,860 | €129,940 | +€52,079 | +66.9% |
| Trade receivables | 40 | - | €51,437 | +€51,437 | |
| Other amounts receivable | 41 | - | €78,503 | +€78,503 | |
| Cash at bank and in hand | 54/58 | - | €38,815 | +€38,815 | |
| Total equity and liabilities | 10/49 | €77,860 | €185,616 | +€107,756 | +138.4% |
| Equity | 10/15 | €77,860 | €134,602 | +€56,741 | +72.9% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | - | €148,736 | +€148,736 | |
| Issued capital | 100 | - | €148,736 | +€148,736 | |
| Profit (loss) carried forward | 14 | -€70,876 | -€14,134 | +€56,741 | +80.1% |
| Amounts payable | 17/49 | €0 | €51,015 | +€51,015 | |
| Amounts payable within one year | 42/48 | €0 | €51,015 | +€51,015 | |
| Trade debts | 44 | €0 | €31,952 | +€31,952 | |
| Suppliers | 440/4 | - | €31,952 | +€31,952 | |
| Taxes, remuneration and social security | 45 | - | €19,063 | +€19,063 | |
| Taxes | 450/3 | - | €18,548 | +€18,548 | |
| Remuneration and social security | 454/9 | - | €515 | +€515 | |
| Turnover | 70 | - | €217,448 | +€217,448 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €142,984 | +€142,984 | |
| Remuneration, social security and pensions | 62 | - | €9,058 | +€9,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,310 | +€2,310 | |
| Gross operating margin | 9900 | €6,925 | €75,107 | +€68,181 | +984.5% |
| Operating profit (loss) | 9901 | €6,925 | €63,739 | +€56,814 | +820.4% |
| Financial charges | 65/66B | - | €6,400 | +€6,400 | |
| Recurring financial charges | 65 | - | €6,400 | +€6,400 | |
| Profit (loss) for the period before taxes | 9903 | €6,925 | €57,339 | +€50,414 | +728.0% |
| Income taxes | 67/77 | - | €598 | +€598 | |
| Profit (loss) for the period | 9904 | €6,925 | €56,741 | +€49,816 | +719.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,925 | €56,741 | +€49,816 | +719.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.