Mona: 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.
Mona
Largest movements
- Receivables within one year +€55,764
up €55,764 (+221109.3%), from €25 to €55,789
of which Trade receivables: +€55,700
- Intangible fixed assets -€18,645
down €18,645 (-27.5%), from €67,769 to €49,124
- Tangible fixed assets -€5,570
down €5,570 (-10.0%), from €55,700 to €50,130
- Trade debts +€57,605
up €57,605 (+21033.6%), from €274 to €57,879
- Profit (loss) carried forward -€28,253
down €28,253 (-14.8%), from -€190,898 to -€219,151
- Other debts +€2,976
up €2,976 (+1.8%), from €167,938 to €170,915
- Depreciation +€5,570
up €5,570 (+29.9%), from €18,645 to €24,215
- Gross operating margin -€1,803
down €1,803 (-186.3%), from -€968 to -€2,772
- Financial charges +€544
up €544 (+366.0%), from €149 to €692
- Other operating charges +€110
up €110 (+21.8%), from €505 to €616
- Financial income +€41
up €41, from €0 to €41
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 | €123,549 | €155,102 | +€31,553 | +25.5% |
| Fixed assets | 21/28 | €123,469 | €99,254 | -€24,215 | -19.6% |
| Intangible fixed assets | 21 | €67,769 | €49,124 | -€18,645 | -27.5% |
| Tangible fixed assets | 22/27 | €55,700 | €50,130 | -€5,570 | -10.0% |
| Plant, machinery and equipment | 23 | €55,700 | €50,130 | -€5,570 | -10.0% |
| Current assets | 29/58 | €81 | €55,848 | +€55,767 | +69190.3% |
| Amounts receivable within one year | 40/41 | €25 | €55,789 | +€55,764 | +221109.3% |
| Trade receivables | 40 | - | €55,700 | +€55,700 | |
| Other amounts receivable | 41 | €25 | €89 | +€64 | +252.9% |
| Cash at bank and in hand | 54/58 | €55 | €59 | +€4 | +6.6% |
| Total equity and liabilities | 10/49 | €123,549 | €155,102 | +€31,553 | +25.5% |
| Equity | 10/15 | -€170,438 | -€198,691 | -€28,253 | -16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,898 | -€219,151 | -€28,253 | -14.8% |
| Amounts payable | 17/49 | €293,988 | €353,793 | +€59,806 | +20.3% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Other amounts payable | 178/9 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €168,253 | €228,793 | +€60,541 | +36.0% |
| Financial debts | 43 | €41 | €0 | -€41 | -100.0% |
| Credit institutions | 430/8 | €41 | €0 | -€41 | -100.0% |
| Trade debts | 44 | €274 | €57,879 | +€57,605 | +21033.6% |
| Suppliers | 440/4 | €274 | €57,879 | +€57,605 | +21033.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €167,938 | €170,915 | +€2,976 | +1.8% |
| Accrued charges and deferred income | 492/3 | €735 | €0 | -€735 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,645 | €24,215 | +€5,570 | +29.9% |
| Other operating charges | 640/8 | €505 | €616 | +€110 | +21.8% |
| Gross operating margin | 9900 | -€968 | -€2,772 | -€1,803 | -186.3% |
| Operating profit (loss) | 9901 | -€20,118 | -€27,602 | -€7,484 | -37.2% |
| Financial income | 75/76B | €0 | €41 | +€41 | |
| Recurring financial income | 75 | €0 | €41 | +€41 | |
| Financial charges | 65/66B | €149 | €692 | +€544 | +366.0% |
| Recurring financial charges | 65 | €149 | €692 | +€544 | +366.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,267 | -€28,253 | -€7,986 | -39.4% |
| Profit (loss) for the period | 9904 | -€20,267 | -€28,253 | -€7,986 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,267 | -€28,253 | -€7,986 | -39.4% |
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 4 October 2026 via checked.be.