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MONABO CONSTRUCT: 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.

What changed

MONABO CONSTRUCT

BE 0730.726.239
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€48,622
2023 · €1,696+€46,926
Equity
€79,412
2023 · €30,790+€48,622
Cash
€81,843
2023 · €30,185+€51,658
Balance sheet total
€132,219
2023 · €82,549+€49,670

Largest movements

2023 to 2024
Assets
  • Cash +€51,658

    up €51,658 (+171.1%), from €30,185 to €81,843

    mainly Net result for the year (+€48,622) and Depreciation (+€9,381)

  • Receivables within one year -€5,122

    down €5,122 (-12.8%), from €40,035 to €34,913

    of which Trade receivables: -€8,465

  • Deferred charges and accrued income +€2,115

    up €2,115 (+390.1%), from €542 to €2,657

Equity and liabilities
  • Profit (loss) carried forward +€48,622

    up €48,622 (+200.2%), from €24,290 to €72,912

  • Other debts -€9,975

    down €9,975 (-35.2%), from €28,316 to €18,341

  • Tax, wage and social debts +€9,300

    up €9,300 (+197.0%), from €4,720 to €14,020

  • Advances received +€2,383

    up €2,383 (+21.7%), from €11,000 to €13,383

Income statement
  • Gross operating margin +€63,598

    up €63,598 (+637.9%), from €9,969 to €73,568

  • Taxes +€12,985

    up €12,985 (+2522.1%), from €515 to €13,500

  • Depreciation +€2,392

    up €2,392 (+34.2%), from €6,990 to €9,381

  • Other operating charges +€1,233

    up €1,233 (+189.8%), from €650 to €1,883

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €1,696
Gross operating margin +€63,598
Depreciation -€2,392
Other operating charges -€1,233
Financial charges -€62
Taxes -€12,985
Result 2024 €48,622

Cash bridge derived

cash 2023 to 2024

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.

From operations +€62,058
Investment -€10,400
Financing €0
Cash 2023 €30,185
Net result for the year +€48,622
Depreciation +€9,381
Receivables within one year +€5,122
Deferred charges and accrued income -€2,115
Trade debts +€311
Tax, wage and social debts +€9,300
Advances received +€2,383
Other debts -€9,975
Accrued charges and deferred income -€970
Investment in fixed assets (net) -€10,400
Cash 2024 €81,843
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €82,549 €132,219 +€49,670 +60.2%
Fixed assets 21/28 €11,787 €12,805 +€1,019 +8.6%
Tangible fixed assets 22/27 €11,757 €12,775 +€1,019 +8.7%
Plant, machinery and equipment 23 €1,964 €917 -€1,047 -53.3%
Furniture and vehicles 24 €9,793 €11,859 +€2,066 +21.1%
Financial fixed assets 28 €30 €30 = 0.0%
Current assets 29/58 €70,762 €119,413 +€48,651 +68.8%
Amounts receivable within one year 40/41 €40,035 €34,913 -€5,122 -12.8%
Trade receivables 40 €39,619 €31,154 -€8,465 -21.4%
Other amounts receivable 41 €417 €3,759 +€3,343 +802.5%
Cash at bank and in hand 54/58 €30,185 €81,843 +€51,658 +171.1%
Deferred charges and accrued income 490/1 €542 €2,657 +€2,115 +390.1%
Total equity and liabilities 10/49 €82,549 €132,219 +€49,670 +60.2%
Equity 10/15 €30,790 €79,412 +€48,622 +157.9%
Contributions 10/11 €6,500 €6,500 = 0.0%
Profit (loss) carried forward 14 €24,290 €72,912 +€48,622 +200.2%
Amounts payable 17/49 €51,759 €52,806 +€1,048 +2.0%
Amounts payable within one year 42/48 €50,788 €52,806 +€2,018 +4.0%
Trade debts 44 €6,752 €7,063 +€311 +4.6%
Suppliers 440/4 €6,752 €7,063 +€311 +4.6%
Advances received on contracts in progress 46 €11,000 €13,383 +€2,383 +21.7%
Taxes, remuneration and social security 45 €4,720 €14,020 +€9,300 +197.0%
Taxes 450/3 €4,720 €14,020 +€9,300 +197.0%
Other amounts payable 47/48 €28,316 €18,341 -€9,975 -35.2%
Accrued charges and deferred income 492/3 €970 - -€970
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,990 €9,381 +€2,392 +34.2%
Other operating charges 640/8 €650 €1,883 +€1,233 +189.8%
Gross operating margin 9900 €9,969 €73,568 +€63,598 +637.9%
Operating profit (loss) 9901 €2,330 €62,303 +€59,973 +2574.1%
Financial charges 65/66B €119 €181 +€62 +52.0%
Recurring financial charges 65 €119 €181 +€62 +52.0%
Profit (loss) for the period before taxes 9903 €2,211 €62,122 +€59,911 +2710.2%
Income taxes 67/77 €515 €13,500 +€12,985 +2522.1%
Profit (loss) for the period 9904 €1,696 €48,622 +€46,926 +2767.3%
Profit (loss) for the period to be appropriated 9905 €1,696 €48,622 +€46,926 +2767.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.