MON CADEAU: 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.
MON CADEAU
Largest movements
- Cash -€14,543
down €14,543 (-31.0%), from €46,989 to €32,445
mainly Receivables after one year (-€11,680) and Debts after one year (-€6,043)
- Receivables after one year +€11,680
up €11,680 (+80.3%), from €14,548 to €26,229
- Tangible fixed assets -€3,979
down €3,979 (-3.6%), from €110,547 to €106,568
- Receivables within one year +€3,779
up €3,779 (+3,113%), from €121 to €3,900
- Debts after one year -€6,043
down €6,043 (-6.6%), from €92,239 to €86,197
of which Financial debts: -€8,250
- Reserves +€2,399
up €2,399 (+4.5%), from €52,938 to €55,336
- Other operating charges +€15,065
up €15,065 (+634%), from €2,378 to €17,443
- Gross operating margin +€1,929
up €1,929 (+7.8%), from €24,652 to €26,582
- Taxes -€279
down €279 (-31.7%), from €879 to €600
- Financial income +€268
up €268 (+66.7%), from €402 to €670
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 | €172,372 | €169,143 | -€3,230 | -1.9% |
| Fixed assets | 21/28 | €110,547 | €106,568 | -€3,979 | -3.6% |
| Tangible fixed assets | 22/27 | €110,547 | €106,568 | -€3,979 | -3.6% |
| Land and buildings | 22 | €110,547 | €106,568 | -€3,979 | -3.6% |
| Current assets | 29/58 | €61,825 | €62,574 | +€749 | +1.2% |
| Amounts receivable after more than one year | 29 | €14,548 | €26,229 | +€11,680 | +80.3% |
| Other amounts receivable | 291 | €14,548 | €26,229 | +€11,680 | +80.3% |
| Amounts receivable within one year | 40/41 | €121 | €3,900 | +€3,779 | +3,113% |
| Other amounts receivable | 41 | €121 | €3,900 | +€3,779 | +3,113% |
| Cash at bank and in hand | 54/58 | €46,989 | €32,445 | -€14,543 | -31.0% |
| Deferred charges and accrued income | 490/1 | €167 | - | -€167 | |
| Total equity and liabilities | 10/49 | €172,372 | €169,143 | -€3,230 | -1.9% |
| Equity | 10/15 | €71,538 | €73,936 | +€2,399 | +3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,938 | €55,336 | +€2,399 | +4.5% |
| Distributable reserves | 133 | €52,938 | €55,336 | +€2,399 | +4.5% |
| Amounts payable | 17/49 | €100,835 | €95,206 | -€5,628 | -5.6% |
| Amounts payable after more than one year | 17 | €92,239 | €86,197 | -€6,043 | -6.6% |
| Financial debts | 170/4 | €11,688 | €3,438 | -€8,250 | -70.6% |
| Other amounts payable | 178/9 | €80,552 | €82,759 | +€2,207 | +2.7% |
| Amounts payable within one year | 42/48 | €8,595 | €9,010 | +€414 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €8,250 | €8,250 | = | 0.0% |
| Trade debts | 44 | €345 | €760 | +€414 | +120% |
| Suppliers | 440/4 | €345 | €760 | +€414 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,979 | €3,979 | = | 0.0% |
| Other operating charges | 640/8 | €2,378 | €17,443 | +€15,065 | +634% |
| Gross operating margin | 9900 | €24,652 | €26,582 | +€1,929 | +7.8% |
| Operating profit (loss) | 9901 | €18,296 | €5,160 | -€13,136 | -71.8% |
| Financial income | 75/76B | €402 | €670 | +€268 | +66.7% |
| Recurring financial income | 75 | €402 | €670 | +€268 | +66.7% |
| Financial charges | 65/66B | €2,904 | €2,832 | -€72 | -2.5% |
| Recurring financial charges | 65 | €2,904 | €2,832 | -€72 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €15,794 | €2,998 | -€12,796 | -81.0% |
| Income taxes | 67/77 | €879 | €600 | -€279 | -31.7% |
| Profit (loss) for the period | 9904 | €14,915 | €2,399 | -€12,517 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,915 | €2,399 | -€12,517 | -83.9% |
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.