MONADO CLD: 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.
MONADO CLD
Largest movements
- Cash +€71,784
up €71,784 (+135.7%), from €52,917 to €124,701
mainly Net result for the year (+€73,881) and Tax, wage and social debts (+€11,870)
- Receivables within one year +€14,468
up €14,468 (+237.1%), from €6,103 to €20,571
of which Trade receivables: +€12,911
- Tangible fixed assets +€2,125
up €2,125 (+251.3%), from €845 to €2,970
- Profit (loss) carried forward +€73,881
up €73,881 (+179.2%), from €41,227 to €115,108
- Tax, wage and social debts +€11,870
up €11,870 (+68.2%), from €17,410 to €29,280
- Gross operating margin +€41,875
up €41,875 (+74.5%), from €56,205 to €98,080
- Taxes +€7,423
up €7,423 (+57.4%), from €12,929 to €20,352
- Other operating charges +€2,424
up €2,424 (+388.0%), from €625 to €3,048
- Financial charges -€1,219
down €1,219 (-93.6%), from €1,302 to €83
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 | €63,071 | €150,400 | +€87,330 | +138.5% |
| Fixed assets | 21/28 | €902 | €3,026 | +€2,125 | +235.6% |
| Tangible fixed assets | 22/27 | €845 | €2,970 | +€2,125 | +251.3% |
| Furniture and vehicles | 24 | €845 | €2,970 | +€2,125 | +251.3% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €62,169 | €147,374 | +€85,205 | +137.1% |
| Amounts receivable within one year | 40/41 | €6,103 | €20,571 | +€14,468 | +237.1% |
| Trade receivables | 40 | €5,990 | €18,900 | +€12,911 | +215.6% |
| Other amounts receivable | 41 | €114 | €1,671 | +€1,557 | +1370.4% |
| Cash at bank and in hand | 54/58 | €52,917 | €124,701 | +€71,784 | +135.7% |
| Deferred charges and accrued income | 490/1 | €3,149 | €2,102 | -€1,047 | -33.2% |
| Total equity and liabilities | 10/49 | €63,071 | €150,400 | +€87,330 | +138.5% |
| Equity | 10/15 | €44,727 | €118,608 | +€73,881 | +165.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,227 | €115,108 | +€73,881 | +179.2% |
| Amounts payable | 17/49 | €18,343 | €31,792 | +€13,449 | +73.3% |
| Amounts payable within one year | 42/48 | €18,343 | €31,792 | +€13,449 | +73.3% |
| Trade debts | 44 | €934 | €1,918 | +€984 | +105.4% |
| Suppliers | 440/4 | €934 | €1,918 | +€984 | +105.4% |
| Taxes, remuneration and social security | 45 | €17,410 | €29,280 | +€11,870 | +68.2% |
| Taxes | 450/3 | €17,410 | €29,280 | +€11,870 | +68.2% |
| Other amounts payable | 47/48 | - | €594 | +€594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123 | €717 | +€594 | +484.9% |
| Other operating charges | 640/8 | €625 | €3,048 | +€2,424 | +388.0% |
| Gross operating margin | 9900 | €56,205 | €98,080 | +€41,875 | +74.5% |
| Operating profit (loss) | 9901 | €55,458 | €94,315 | +€38,857 | +70.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,302 | €83 | -€1,219 | -93.6% |
| Recurring financial charges | 65 | €1,302 | €83 | -€1,219 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €54,156 | €94,233 | +€40,077 | +74.0% |
| Income taxes | 67/77 | €12,929 | €20,352 | +€7,423 | +57.4% |
| Profit (loss) for the period | 9904 | €41,227 | €73,881 | +€32,654 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,227 | €73,881 | +€32,654 | +79.2% |
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 6 October 2026 via checked.be.