Monard Consulting: 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.
Monard Consulting
Largest movements
- Receivables within one year +€4,560
up €4,560 (+31.3%), from €14,562 to €19,122
of which Trade receivables: +€4,540
- Cash +€404
up €404 (+109.1%), from €370 to €774
mainly Net result for the year (+€3,587) and Debts after one year (+€1,784)
- Deferred charges and accrued income -€281
down €281 (-15.5%), from €1,818 to €1,537
- Tangible fixed assets -€229
down €229 (-29.6%), from €773 to €544
- Profit (loss) carried forward +€3,587
up €3,587 (+2.0%), from -€178,213 to -€174,626
- Debts after one year +€1,784
up €1,784 (+1.6%), from €109,740 to €111,523
- Tax, wage and social debts -€994
down €994 (-18.5%), from €5,385 to €4,391
- Gross operating margin +€6,954
up €6,954, from -€2,350 to €4,603
- Financial charges +€87
up €87 (+94.8%), from €92 to €179
- Financial income -€56
down €56 (-95.7%), from €58 to €2
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 | €17,523 | €21,977 | +€4,454 | +25.4% |
| Fixed assets | 21/28 | €773 | €544 | -€229 | -29.6% |
| Tangible fixed assets | 22/27 | €773 | €544 | -€229 | -29.6% |
| Furniture and vehicles | 24 | €773 | €544 | -€229 | -29.6% |
| Current assets | 29/58 | €16,750 | €21,433 | +€4,683 | +28.0% |
| Amounts receivable within one year | 40/41 | €14,562 | €19,122 | +€4,560 | +31.3% |
| Trade receivables | 40 | €14,562 | €19,102 | +€4,540 | +31.2% |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €370 | €774 | +€404 | +109.1% |
| Deferred charges and accrued income | 490/1 | €1,818 | €1,537 | -€281 | -15.5% |
| Total equity and liabilities | 10/49 | €17,523 | €21,977 | +€4,454 | +25.4% |
| Equity | 10/15 | -€110,013 | -€106,426 | +€3,587 | +3.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,213 | -€174,626 | +€3,587 | +2.0% |
| Amounts payable | 17/49 | €127,536 | €128,403 | +€867 | +0.7% |
| Amounts payable after more than one year | 17 | €109,740 | €111,523 | +€1,784 | +1.6% |
| Financial debts | 170/4 | €109,740 | €111,523 | +€1,784 | +1.6% |
| Amounts payable within one year | 42/48 | €10,496 | €9,605 | -€890 | -8.5% |
| Trade debts | 44 | €5,111 | €5,214 | +€103 | +2.0% |
| Suppliers | 440/4 | €5,111 | €5,214 | +€103 | +2.0% |
| Taxes, remuneration and social security | 45 | €5,385 | €4,391 | -€994 | -18.5% |
| Taxes | 450/3 | €5,385 | €4,391 | -€994 | -18.5% |
| Accrued charges and deferred income | 492/3 | €7,301 | €7,275 | -€26 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229 | €229 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€2,350 | €4,603 | +€6,954 | |
| Operating profit (loss) | 9901 | -€3,029 | €3,913 | +€6,941 | |
| Financial income | 75/76B | €58 | €2 | -€56 | -95.7% |
| Recurring financial income | 75 | €58 | €2 | -€56 | -95.7% |
| Financial charges | 65/66B | €92 | €179 | +€87 | +94.8% |
| Recurring financial charges | 65 | €92 | €179 | +€87 | +94.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,062 | €3,737 | +€6,798 | |
| Income taxes | 67/77 | €163 | €150 | -€14 | -8.3% |
| Profit (loss) for the period | 9904 | -€3,225 | €3,587 | +€6,812 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,225 | €3,587 | +€6,812 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.