MONAB: 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.
MONAB
Largest movements
- Receivables within one year +€23,245
up €23,245 (+141%), from €16,457 to €39,702
- Stocks and contracts +€4,270
new in 2024: €4,270
- Tangible fixed assets +€2,514
up €2,514 (+61.9%), from €4,061 to €6,576
of which Other tangible fixed assets: +€1,632
- Cash -€1,790
down €1,790 (-60.1%), from €2,981 to €1,190
mainly Receivables within one year (-€23,245) and Stocks and contracts (-€4,270)
- Profit (loss) carried forward +€20,344
up €20,344 (+364%), from €5,582 to €25,926
- Tax, wage and social debts +€7,583
up €7,583 (+76.5%), from €9,917 to €17,500
of which Taxes: +€8,780
- Turnover -€104,688
no longer reported in 2024 (was €104,688)
- Purchases and services -€93,657
no longer reported in 2024 (was €93,657)
- Gross operating margin +€19,590
up €19,590 (+178%), from €11,032 to €30,622
- Taxes +€3,789
up €3,789 (+192%), from €1,973 to €5,762
- Staff costs +€3,135
up €3,135 (+392%), from €800 to €3,935
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 | €23,499 | €51,737 | +€28,238 | +120% |
| Fixed assets | 21/28 | €4,061 | €6,576 | +€2,514 | +61.9% |
| Tangible fixed assets | 22/27 | €4,061 | €6,576 | +€2,514 | +61.9% |
| Furniture and vehicles | 24 | €2,126 | €3,009 | +€882 | +41.5% |
| Other tangible fixed assets | 26 | €1,935 | €3,567 | +€1,632 | +84.3% |
| Current assets | 29/58 | €19,438 | €45,162 | +€25,724 | +132% |
| Stocks and contracts in progress | 3 | - | €4,270 | +€4,270 | |
| Stocks | 30/36 | - | €4,270 | +€4,270 | |
| Amounts receivable within one year | 40/41 | €16,457 | €39,702 | +€23,245 | +141% |
| Other amounts receivable | 41 | €16,457 | €39,702 | +€23,245 | +141% |
| Cash at bank and in hand | 54/58 | €2,981 | €1,190 | -€1,790 | -60.1% |
| Total equity and liabilities | 10/49 | €23,499 | €51,737 | +€28,238 | +120% |
| Equity | 10/15 | €13,582 | €33,926 | +€20,344 | +150% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,582 | €25,926 | +€20,344 | +364% |
| Amounts payable | 17/49 | €9,917 | €17,811 | +€7,894 | +79.6% |
| Amounts payable within one year | 42/48 | €9,917 | €17,811 | +€7,894 | +79.6% |
| Trade debts | 44 | - | €311 | +€311 | |
| Suppliers | 440/4 | - | €311 | +€311 | |
| Taxes, remuneration and social security | 45 | €9,917 | €17,500 | +€7,583 | +76.5% |
| Taxes | 450/3 | €8,416 | €17,197 | +€8,780 | +104% |
| Remuneration and social security | 454/9 | €1,501 | €303 | -€1,197 | -79.8% |
| Turnover | 70 | €104,688 | - | -€104,688 | |
| Goods, raw materials, services and sundry goods | 60/61 | €93,657 | - | -€93,657 | |
| Remuneration, social security and pensions | 62 | €800 | €3,935 | +€3,135 | +392% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,896 | €891 | -€1,004 | -53.0% |
| Other operating charges | 640/8 | €600 | €200 | -€400 | -66.7% |
| Gross operating margin | 9900 | €11,032 | €30,622 | +€19,590 | +178% |
| Operating profit (loss) | 9901 | €7,736 | €25,595 | +€17,859 | +231% |
| Financial income | 75/76B | €435 | €1,839 | +€1,404 | +323% |
| Recurring financial income | 75 | €435 | €1,839 | +€1,404 | +323% |
| Financial charges | 65/66B | €616 | €1,328 | +€712 | +116% |
| Recurring financial charges | 65 | €616 | €1,328 | +€712 | +116% |
| Profit (loss) for the period before taxes | 9903 | €7,555 | €26,107 | +€18,552 | +246% |
| Income taxes | 67/77 | €1,973 | €5,762 | +€3,789 | +192% |
| Profit (loss) for the period | 9904 | €5,582 | €20,344 | +€14,763 | +264% |
| Profit (loss) for the period to be appropriated | 9905 | €5,582 | €20,344 | +€14,763 | +264% |
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 17 October 2026 via checked.be.