MON GAND: 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 GAND
Largest movements
- Receivables within one year +€8,884
up €8,884 (+27.8%), from €32,008 to €40,892
of which Other amounts receivable: +€7,924
- Cash -€1,040
down €1,040 (-7.1%), from €14,587 to €13,547
mainly Receivables within one year (-€8,884) and Tax, wage and social debts (-€2,491)
- Trade debts +€6,793
up €6,793 (+49.1%), from €13,827 to €20,621
- Reserves +€2,833
up €2,833 (+39.1%), from €7,246 to €10,078
- Tax, wage and social debts -€2,491
down €2,491 (-16.3%), from €15,287 to €12,796
- Gross operating margin +€10,641
up €10,641 (+550%), from €1,936 to €12,577
- Other operating charges +€3,294
up €3,294 (+243%), from €1,357 to €4,651
- Taxes +€1,416
up €1,416 (+98.9%), from €1,432 to €2,848
- Financial charges +€969
up €969 (+73.5%), from €1,318 to €2,287
- Depreciation -€436
no longer reported in 2024 (was €436)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,960 | €66,248 | +€7,288 | +12.4% |
| Fixed assets | 21/28 | €205 | €205 | = | 0.0% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €58,755 | €66,043 | +€7,288 | +12.4% |
| Stocks and contracts in progress | 3 | €12,160 | €11,604 | -€556 | -4.6% |
| Stocks | 30/36 | €12,160 | €11,604 | -€556 | -4.6% |
| Amounts receivable within one year | 40/41 | €32,008 | €40,892 | +€8,884 | +27.8% |
| Trade receivables | 40 | €6,683 | €7,642 | +€960 | +14.4% |
| Other amounts receivable | 41 | €25,325 | €33,249 | +€7,924 | +31.3% |
| Cash at bank and in hand | 54/58 | €14,587 | €13,547 | -€1,040 | -7.1% |
| Total equity and liabilities | 10/49 | €58,960 | €66,248 | +€7,288 | +12.4% |
| Equity | 10/15 | €25,846 | €28,678 | +€2,833 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,246 | €10,078 | +€2,833 | +39.1% |
| Distributable reserves | 133 | €7,246 | €10,078 | +€2,833 | +39.1% |
| Amounts payable | 17/49 | €33,114 | €37,570 | +€4,455 | +13.5% |
| Amounts payable within one year | 42/48 | €33,114 | €37,417 | +€4,302 | +13.0% |
| Trade debts | 44 | €13,827 | €20,621 | +€6,793 | +49.1% |
| Suppliers | 440/4 | €13,827 | €20,621 | +€6,793 | +49.1% |
| Taxes, remuneration and social security | 45 | €15,287 | €12,796 | -€2,491 | -16.3% |
| Taxes | 450/3 | €15,287 | €12,796 | -€2,491 | -16.3% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €153 | +€153 | |
| Remuneration, social security and pensions | 62 | €252 | - | -€252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €436 | - | -€436 | |
| Other operating charges | 640/8 | €1,357 | €4,651 | +€3,294 | +243% |
| Gross operating margin | 9900 | €1,936 | €12,577 | +€10,641 | +550% |
| Operating profit (loss) | 9901 | -€109 | €7,926 | +€8,036 | |
| Financial income | 75/76B | €19 | €42 | +€23 | +119% |
| Recurring financial income | 75 | €19 | €42 | +€23 | +119% |
| Financial charges | 65/66B | €1,318 | €2,287 | +€969 | +73.5% |
| Recurring financial charges | 65 | €1,318 | €2,287 | +€969 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,408 | €5,681 | +€7,089 | |
| Income taxes | 67/77 | €1,432 | €2,848 | +€1,416 | +98.9% |
| Profit (loss) for the period | 9904 | -€2,840 | €2,833 | +€5,673 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,840 | €2,833 | +€5,673 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.