MONACO HOUSE PROJECTS: 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.
MONACO HOUSE PROJECTS
Largest movements
- Cash +€59,959
up €59,959 (+99.3%), from €60,379 to €120,337
mainly Other debts (+€62,247) and Depreciation (+€6,000)
- Tangible fixed assets -€6,000
down €6,000 (-29.8%), from €20,104 to €14,104
- Other debts +€62,247
up €62,247 (+91.7%), from €67,873 to €130,120
- Profit (loss) carried forward -€7,283
down €7,283 (-23.5%), from -€30,988 to -€38,271
- Gross operating margin -€23,583
down €23,583, from €22,980 to -€603
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 | €89,858 | €143,817 | +€53,959 | +60.0% |
| Fixed assets | 21/28 | €20,104 | €14,104 | -€6,000 | -29.8% |
| Tangible fixed assets | 22/27 | €20,104 | €14,104 | -€6,000 | -29.8% |
| Furniture and vehicles | 24 | €20,104 | €14,104 | -€6,000 | -29.8% |
| Current assets | 29/58 | €69,754 | €129,713 | +€59,959 | +86.0% |
| Amounts receivable within one year | 40/41 | €9,111 | €9,111 | = | 0.0% |
| Trade receivables | 40 | €3,788 | €3,788 | = | 0.0% |
| Other amounts receivable | 41 | €5,323 | €5,323 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,379 | €120,337 | +€59,959 | +99.3% |
| Deferred charges and accrued income | 490/1 | €265 | €265 | = | 0.0% |
| Total equity and liabilities | 10/49 | €89,858 | €143,817 | +€53,959 | +60.0% |
| Equity | 10/15 | €10,550 | €3,267 | -€7,283 | -69.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,938 | €22,938 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,078 | €21,078 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,988 | -€38,271 | -€7,283 | -23.5% |
| Amounts payable | 17/49 | €79,308 | €140,550 | +€61,242 | +77.2% |
| Amounts payable within one year | 42/48 | €79,308 | €140,550 | +€61,242 | +77.2% |
| Trade debts | 44 | €3,105 | €2,099 | -€1,006 | -32.4% |
| Suppliers | 440/4 | €3,105 | €2,099 | -€1,006 | -32.4% |
| Taxes, remuneration and social security | 45 | €8,330 | €8,330 | = | 0.0% |
| Taxes | 450/3 | €8,330 | €8,330 | = | 0.0% |
| Other amounts payable | 47/48 | €67,873 | €130,120 | +€62,247 | +91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,000 | €6,000 | = | 0.0% |
| Other operating charges | 640/8 | €732 | €678 | -€54 | -7.4% |
| Gross operating margin | 9900 | €22,980 | -€603 | -€23,583 | |
| Operating profit (loss) | 9901 | €16,248 | -€7,281 | -€23,528 | |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €45 | €60 | +€15 | +32.3% |
| Recurring financial charges | 65 | €45 | €60 | +€15 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €16,203 | -€7,258 | -€23,461 | |
| Income taxes | 67/77 | - | €25 | +€25 | |
| Profit (loss) for the period | 9904 | €16,203 | -€7,283 | -€23,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,203 | -€7,283 | -€23,486 |
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 15 October 2026 via checked.be.