Monacoo: 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.
Monacoo
Largest movements
- Cash +€14,740
up €14,740 (+60.0%), from €24,579 to €39,319
mainly Debts after one year (+€40,868) and Depreciation (+€16,580)
- Intangible fixed assets -€11,744
down €11,744 (-31.9%), from €36,848 to €25,104
- Stocks and contracts +€5,686
up €5,686 (+4.8%), from €118,284 to €123,969
- Tangible fixed assets -€3,585
down €3,585 (-24.3%), from €14,740 to €11,155
- Debts after one year +€40,868
up €40,868 (+59.2%), from €69,076 to €109,944
- Trade debts -€37,614
down €37,614 (-43.1%), from €87,216 to €49,603
- Current portion of long-term debt +€6,620
up €6,620 (+67.9%), from €9,748 to €16,368
- Advances received -€2,240
down €2,240 (-31.3%), from €7,151 to €4,912
- Gross operating margin +€5,053
up €5,053 (+21.8%), from €23,153 to €28,205
- Staff costs +€4,131
new in 2025: €4,131
- Financial charges +€2,363
up €2,363 (+68.9%), from €3,429 to €5,792
- Depreciation +€1,741
up €1,741 (+11.7%), from €14,839 to €16,580
- Taxes -€822
down €822 (-83.7%), from €981 to €160
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 | €208,460 | €214,317 | +€5,856 | +2.8% |
| Fixed assets | 21/28 | €55,627 | €40,298 | -€15,330 | -27.6% |
| Intangible fixed assets | 21 | €36,848 | €25,104 | -€11,744 | -31.9% |
| Tangible fixed assets | 22/27 | €14,740 | €11,155 | -€3,585 | -24.3% |
| Furniture and vehicles | 24 | €14,740 | €11,155 | -€3,585 | -24.3% |
| Financial fixed assets | 28 | €4,039 | €4,039 | = | 0.0% |
| Current assets | 29/58 | €152,833 | €174,019 | +€21,186 | +13.9% |
| Stocks and contracts in progress | 3 | €118,284 | €123,969 | +€5,686 | +4.8% |
| Stocks | 30/36 | €118,284 | €123,969 | +€5,686 | +4.8% |
| Amounts receivable within one year | 40/41 | €9,906 | €9,350 | -€556 | -5.6% |
| Trade receivables | 40 | €9,739 | €9,096 | -€643 | -6.6% |
| Other amounts receivable | 41 | €167 | €254 | +€87 | +52.4% |
| Cash at bank and in hand | 54/58 | €24,579 | €39,319 | +€14,740 | +60.0% |
| Deferred charges and accrued income | 490/1 | €64 | €1,380 | +€1,316 | +2053.6% |
| Total equity and liabilities | 10/49 | €208,460 | €214,317 | +€5,856 | +2.8% |
| Equity | 10/15 | €3,584 | €4,038 | +€454 | +12.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €3,484 | €3,938 | +€454 | +13.0% |
| Distributable reserves | 133 | €3,484 | €3,938 | +€454 | +13.0% |
| Amounts payable | 17/49 | €204,876 | €210,278 | +€5,402 | +2.6% |
| Amounts payable after more than one year | 17 | €69,076 | €109,944 | +€40,868 | +59.2% |
| Financial debts | 170/4 | €69,076 | €109,944 | +€40,868 | +59.2% |
| Amounts payable within one year | 42/48 | €133,905 | €98,370 | -€35,535 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €9,748 | €16,368 | +€6,620 | +67.9% |
| Financial debts | 43 | €559 | €1,166 | +€607 | +108.5% |
| Credit institutions | 430/8 | €559 | €1,166 | +€607 | +108.5% |
| Trade debts | 44 | €87,216 | €49,603 | -€37,614 | -43.1% |
| Suppliers | 440/4 | €87,216 | €49,603 | -€37,614 | -43.1% |
| Advances received on contracts in progress | 46 | €7,151 | €4,912 | -€2,240 | -31.3% |
| Taxes, remuneration and social security | 45 | €14,500 | €12,608 | -€1,892 | -13.0% |
| Taxes | 450/3 | €14,500 | €12,116 | -€2,384 | -16.4% |
| Remuneration and social security | 454/9 | - | €493 | +€493 | |
| Other amounts payable | 47/48 | €14,730 | €13,713 | -€1,017 | -6.9% |
| Accrued charges and deferred income | 492/3 | €1,895 | €1,965 | +€70 | +3.7% |
| Remuneration, social security and pensions | 62 | - | €4,131 | +€4,131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,839 | €16,580 | +€1,741 | +11.7% |
| Other operating charges | 640/8 | €523 | €578 | +€54 | +10.4% |
| Non-recurring operating charges | 66A | - | €701 | +€701 | |
| Gross operating margin | 9900 | €23,153 | €28,205 | +€5,053 | +21.8% |
| Operating profit (loss) | 9901 | €7,791 | €6,216 | -€1,575 | -20.2% |
| Financial income | 75/76B | €104 | €190 | +€86 | +83.3% |
| Recurring financial income | 75 | €104 | €190 | +€86 | +83.3% |
| Financial charges | 65/66B | €3,429 | €5,792 | +€2,363 | +68.9% |
| Recurring financial charges | 65 | €3,429 | €5,792 | +€2,363 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €4,465 | €614 | -€3,852 | -86.3% |
| Income taxes | 67/77 | €981 | €160 | -€822 | -83.7% |
| Profit (loss) for the period | 9904 | €3,484 | €454 | -€3,030 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,484 | €454 | -€3,030 | -87.0% |
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 7 October 2026 via checked.be.