MONAXA: 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.
MONAXA
Largest movements
- Cash +€28,520
up €28,520 (+75.9%), from €37,580 to €66,100
mainly Receivables within one year (+€18,839) and Depreciation (+€18,836)
- Receivables within one year -€18,839
down €18,839 (-30.6%), from €61,537 to €42,697
of which Other amounts receivable: -€16,080
- Tangible fixed assets -€8,186
down €8,186 (-10.6%), from €77,419 to €69,233
of which Land and buildings: -€8,313
- Deferred charges and accrued income -€2,633
down €2,633 (-34.7%), from €7,596 to €4,962
- Debts after one year -€14,829
down €14,829 (-29.8%), from €49,793 to €34,965
- Trade debts +€8,993
up €8,993 (+15.5%), from €57,901 to €66,893
- Tax, wage and social debts +€8,220
up €8,220 (+289.5%), from €2,839 to €11,059
of which Taxes: +€7,393
- Profit (loss) carried forward -€5,217
down €5,217 (-711.2%), from -€734 to -€5,950
- Gross operating margin +€28,886
up €28,886 (+153.5%), from €18,820 to €47,705
- Staff costs +€24,704
up €24,704 (+871.4%), from €2,835 to €27,539
- Financial income -€11,598
down €11,598 (-98.0%), from €11,832 to €235
of which Non-recurring financial income: -€9,705
- Depreciation +€7,129
up €7,129 (+60.9%), from €11,707 to €18,836
- Other operating charges -€3,034
down €3,034 (-90.0%), from €3,372 to €338
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 | €195,525 | €195,231 | -€293 | -0.1% |
| Fixed assets | 21/28 | €83,419 | €75,233 | -€8,186 | -9.8% |
| Tangible fixed assets | 22/27 | €77,419 | €69,233 | -€8,186 | -10.6% |
| Land and buildings | 22 | €66,326 | €58,013 | -€8,313 | -12.5% |
| Plant, machinery and equipment | 23 | €7,835 | €7,020 | -€814 | -10.4% |
| Furniture and vehicles | 24 | €3,258 | €4,200 | +€942 | +28.9% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €112,105 | €119,998 | +€7,893 | +7.0% |
| Amounts receivable after more than one year | 29 | €500 | - | -€500 | |
| Trade receivables | 290 | €500 | - | -€500 | |
| Stocks and contracts in progress | 3 | €4,893 | €6,239 | +€1,345 | +27.5% |
| Stocks | 30/36 | €4,893 | €6,239 | +€1,345 | +27.5% |
| Amounts receivable within one year | 40/41 | €61,537 | €42,697 | -€18,839 | -30.6% |
| Trade receivables | 40 | €3,062 | €302 | -€2,760 | -90.1% |
| Other amounts receivable | 41 | €58,475 | €42,395 | -€16,080 | -27.5% |
| Cash at bank and in hand | 54/58 | €37,580 | €66,100 | +€28,520 | +75.9% |
| Deferred charges and accrued income | 490/1 | €7,596 | €4,962 | -€2,633 | -34.7% |
| Total equity and liabilities | 10/49 | €195,525 | €195,231 | -€293 | -0.1% |
| Equity | 10/15 | €40,230 | €35,013 | -€5,217 | -13.0% |
| Contributions | 10/11 | €6,188 | €6,188 | = | 0.0% |
| Reserves | 13 | €34,776 | €34,776 | = | 0.0% |
| Distributable reserves | 133 | €34,776 | €34,776 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€734 | -€5,950 | -€5,217 | -711.2% |
| Amounts payable | 17/49 | €155,295 | €160,218 | +€4,923 | +3.2% |
| Amounts payable after more than one year | 17 | €49,793 | €34,965 | -€14,829 | -29.8% |
| Financial debts | 170/4 | €49,793 | €34,965 | -€14,829 | -29.8% |
| Amounts payable within one year | 42/48 | €105,502 | €125,254 | +€19,752 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €14,829 | €16,348 | +€1,519 | +10.2% |
| Financial debts | 43 | €29,933 | €30,953 | +€1,020 | +3.4% |
| Credit institutions | 430/8 | €29,933 | €14,453 | -€15,480 | -51.7% |
| Other loans | 439 | - | €16,500 | +€16,500 | |
| Trade debts | 44 | €57,901 | €66,893 | +€8,993 | +15.5% |
| Suppliers | 440/4 | €57,901 | €66,893 | +€8,993 | +15.5% |
| Taxes, remuneration and social security | 45 | €2,839 | €11,059 | +€8,220 | +289.5% |
| Taxes | 450/3 | €2,839 | €10,233 | +€7,393 | +260.4% |
| Remuneration and social security | 454/9 | - | €827 | +€827 | |
| Remuneration, social security and pensions | 62 | €2,835 | €27,539 | +€24,704 | +871.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,707 | €18,836 | +€7,129 | +60.9% |
| Other operating charges | 640/8 | €3,372 | €338 | -€3,034 | -90.0% |
| Gross operating margin | 9900 | €18,820 | €47,705 | +€28,886 | +153.5% |
| Operating profit (loss) | 9901 | €906 | €992 | +€86 | +9.5% |
| Financial income | 75/76B | €11,832 | €235 | -€11,598 | -98.0% |
| Recurring financial income | 75 | €1,971 | €78 | -€1,893 | -96.0% |
| Non-recurring financial income | 76B | €9,862 | €156 | -€9,705 | -98.4% |
| Financial charges | 65/66B | €6,257 | €5,549 | -€708 | -11.3% |
| Recurring financial charges | 65 | €6,257 | €5,549 | -€708 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €6,481 | -€4,323 | -€10,804 | |
| Income taxes | 67/77 | €589 | €894 | +€305 | +51.7% |
| Profit (loss) for the period | 9904 | €5,892 | -€5,217 | -€11,109 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,892 | -€5,217 | -€11,109 |
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 11 October 2026 via checked.be.