MONA LISA: 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.
MONA LISA
Largest movements
- Cash -€25,934
down €25,934 (-65.4%), from €39,635 to €13,702
mainly Current investments (-€25,000) and Debts after one year (-€14,084)
- Current investments +€25,000
new in 2025: €25,000
- Tangible fixed assets -€5,625
down €5,625 (-25.0%), from €22,500 to €16,875
- Deferred charges and accrued income +€1,850
new in 2025: €1,850
- Debts after one year -€14,084
down €14,084 (-36.4%), from €38,659 to €24,575
- Profit (loss) carried forward +€4,504
up €4,504 (+15.6%), from -€28,859 to -€24,355
- Other debts +€4,309
new in 2025: €4,309
- Trade debts +€1,594
up €1,594 (+167%), from €953 to €2,547
- Current portion of long-term debt -€923
no longer reported in 2025 (was €923)
- Gross operating margin -€647
down €647 (-5.9%), from €10,887 to €10,240
- Financial income +€365
new in 2025: €365
- Other operating charges -€261
down €261 (-67.5%), from €387 to €126
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 | €62,135 | €57,535 | -€4,600 | -7.4% |
| Fixed assets | 21/28 | €22,500 | €16,875 | -€5,625 | -25.0% |
| Tangible fixed assets | 22/27 | €22,500 | €16,875 | -€5,625 | -25.0% |
| Land and buildings | 22 | €22,500 | €16,875 | -€5,625 | -25.0% |
| Current assets | 29/58 | €39,635 | €40,660 | +€1,025 | +2.6% |
| Amounts receivable within one year | 40/41 | - | €109 | +€109 | |
| Other amounts receivable | 41 | - | €109 | +€109 | |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €39,635 | €13,702 | -€25,934 | -65.4% |
| Deferred charges and accrued income | 490/1 | - | €1,850 | +€1,850 | |
| Total equity and liabilities | 10/49 | €62,135 | €57,535 | -€4,600 | -7.4% |
| Equity | 10/15 | €21,601 | €26,105 | +€4,504 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,859 | -€24,355 | +€4,504 | +15.6% |
| Amounts payable | 17/49 | €40,535 | €31,431 | -€9,104 | -22.5% |
| Amounts payable after more than one year | 17 | €38,659 | €24,575 | -€14,084 | -36.4% |
| Financial debts | 170/4 | €38,659 | €24,575 | -€14,084 | -36.4% |
| Amounts payable within one year | 42/48 | €1,876 | €6,856 | +€4,980 | +266% |
| Current portion of amounts payable after more than one year | 42 | €923 | - | -€923 | |
| Trade debts | 44 | €953 | €2,547 | +€1,594 | +167% |
| Suppliers | 440/4 | €953 | €2,547 | +€1,594 | +167% |
| Other amounts payable | 47/48 | - | €4,309 | +€4,309 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,625 | €5,625 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €126 | -€261 | -67.5% |
| Gross operating margin | 9900 | €10,887 | €10,240 | -€647 | -5.9% |
| Operating profit (loss) | 9901 | €4,875 | €4,489 | -€385 | -7.9% |
| Financial income | 75/76B | - | €365 | +€365 | |
| Recurring financial income | 75 | - | €365 | +€365 | |
| Financial charges | 65/66B | €355 | €350 | -€5 | -1.3% |
| Recurring financial charges | 65 | €355 | €350 | -€5 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €4,520 | €4,504 | -€16 | -0.4% |
| Profit (loss) for the period | 9904 | €4,520 | €4,504 | -€16 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,520 | €4,504 | -€16 | -0.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.