MONAGRO-COM: 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.
MONAGRO-COM
Largest movements
- Tangible fixed assets -€15,116
down €15,116 (-59.1%), from €25,565 to €10,449
of which Furniture and vehicles: -€10,644
- Cash +€10,752
up €10,752 (+284.5%), from €3,779 to €14,531
mainly Investment in fixed assets (net) (+€10,485) and Trade debts (+€5,371)
- Receivables within one year -€4,175
down €4,175 (-9.0%), from €46,365 to €42,190
of which Trade receivables: -€4,635
- Deferred charges and accrued income -€1,176
no longer reported in 2024 (was €1,176)
- Reserves -€8,035
down €8,035 (-22.0%), from €36,581 to €28,546
- Trade debts +€5,371
up €5,371 (+72.2%), from €7,437 to €12,808
- Other debts -€5,029
down €5,029 (-40.3%), from €12,469 to €7,440
- Tax, wage and social debts -€2,022
down €2,022 (-11.3%), from €17,898 to €15,876
of which Taxes: -€3,445
- Gross operating margin -€24,734
down €24,734 (-81.1%), from €30,494 to €5,760
- Depreciation -€3,890
down €3,890 (-45.7%), from €8,521 to €4,630
- Taxes -€3,890
down €3,890 (-96.8%), from €4,018 to €128
- Other operating charges +€2,491
up €2,491 (+165.5%), from €1,505 to €3,996
- Staff costs -€1,073
down €1,073 (-66.7%), from €1,610 to €537
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.
Cash bridge derived
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 | €76,885 | €67,170 | -€9,715 | -12.6% |
| Fixed assets | 21/28 | €25,565 | €10,449 | -€15,116 | -59.1% |
| Tangible fixed assets | 22/27 | €25,565 | €10,449 | -€15,116 | -59.1% |
| Plant, machinery and equipment | 23 | €14,519 | €10,048 | -€4,471 | -30.8% |
| Furniture and vehicles | 24 | €11,046 | €402 | -€10,644 | -96.4% |
| Current assets | 29/58 | €51,320 | €56,721 | +€5,401 | +10.5% |
| Amounts receivable within one year | 40/41 | €46,365 | €42,190 | -€4,175 | -9.0% |
| Trade receivables | 40 | €45,561 | €40,926 | -€4,635 | -10.2% |
| Other amounts receivable | 41 | €804 | €1,263 | +€459 | +57.1% |
| Cash at bank and in hand | 54/58 | €3,779 | €14,531 | +€10,752 | +284.5% |
| Deferred charges and accrued income | 490/1 | €1,176 | - | -€1,176 | |
| Total equity and liabilities | 10/49 | €76,885 | €67,170 | -€9,715 | -12.6% |
| Equity | 10/15 | €39,081 | €31,046 | -€8,035 | -20.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €36,581 | €28,546 | -€8,035 | -22.0% |
| Distributable reserves | 133 | €36,581 | €28,546 | -€8,035 | -22.0% |
| Amounts payable | 17/49 | €37,804 | €36,124 | -€1,680 | -4.4% |
| Amounts payable within one year | 42/48 | €37,804 | €36,124 | -€1,680 | -4.4% |
| Trade debts | 44 | €7,437 | €12,808 | +€5,371 | +72.2% |
| Suppliers | 440/4 | €7,437 | €12,808 | +€5,371 | +72.2% |
| Taxes, remuneration and social security | 45 | €17,898 | €15,876 | -€2,022 | -11.3% |
| Taxes | 450/3 | €17,898 | €14,454 | -€3,445 | -19.2% |
| Remuneration and social security | 454/9 | - | €1,423 | +€1,423 | |
| Other amounts payable | 47/48 | €12,469 | €7,440 | -€5,029 | -40.3% |
| Remuneration, social security and pensions | 62 | €1,610 | €537 | -€1,073 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,521 | €4,630 | -€3,890 | -45.7% |
| Other operating charges | 640/8 | €1,505 | €3,996 | +€2,491 | +165.5% |
| Non-recurring operating charges | 66A | - | €3,285 | +€3,285 | |
| Gross operating margin | 9900 | €30,494 | €5,760 | -€24,734 | -81.1% |
| Operating profit (loss) | 9901 | €18,858 | -€6,688 | -€25,546 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +733.3% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +733.3% |
| Financial charges | 65/66B | €895 | €1,219 | +€324 | +36.3% |
| Recurring financial charges | 65 | €895 | €1,219 | +€324 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €17,963 | -€7,907 | -€25,870 | |
| Income taxes | 67/77 | €4,018 | €128 | -€3,890 | -96.8% |
| Profit (loss) for the period | 9904 | €13,945 | -€8,035 | -€21,980 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,945 | -€8,035 | -€21,980 |
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 7 October 2026 via checked.be.