Monceau-fontaines: 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.
Monceau-fontaines
Largest movements
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Tangible fixed assets +€290,509
up €290,509 (+19.8%), from €1.5m to €1.8m
of which Land and buildings: +€218,215
- Cash +€72,825
up €72,825 (+19.9%), from €366,557 to €439,382
mainly Current investments (+€300,000) and Depreciation (+€108,665)
- Receivables within one year -€45,287
down €45,287 (-57.5%), from €78,768 to €33,481
of which Trade receivables: -€35,065
- Debts after one year -€42,947
down €42,947 (-8.1%), from €527,568 to €484,622
of which Financial debts: -€42,947
- Investment grants +€40,612
up €40,612 (+14.5%), from €279,869 to €320,481
- Reserves +€28,859
up €28,859 (+6.3%), from €455,635 to €484,494
- Gross operating margin +€42,394
up €42,394 (+8.4%), from €505,504 to €547,898
- Staff costs +€39,988
up €39,988 (+12.1%), from €331,364 to €371,353
- Depreciation +€25,488
up €25,488 (+30.6%), from €83,177 to €108,665
- Other operating charges +€9,217
up €9,217 (+683%), from €1,350 to €10,566
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.
Derived cash bridge
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 | €2,405,945 | €2,419,466 | +€13,521 | +0.6% |
| Fixed assets | 21/28 | €1,652,609 | €1,946,604 | +€293,995 | +17.8% |
| Tangible fixed assets | 22/27 | €1,470,597 | €1,761,106 | +€290,509 | +19.8% |
| Land and buildings | 22 | €1,284,070 | €1,502,285 | +€218,215 | +17.0% |
| Plant, machinery and equipment | 23 | €142,145 | €139,320 | -€2,824 | -2.0% |
| Furniture and vehicles | 24 | €7,457 | €44,669 | +€37,211 | +499% |
| Other tangible fixed assets | 26 | €36,924 | €74,832 | +€37,908 | +103% |
| Financial fixed assets | 28 | €182,012 | €185,498 | +€3,485 | +1.9% |
| Current assets | 29/58 | €753,336 | €472,863 | -€280,474 | -37.2% |
| Amounts receivable within one year | 40/41 | €78,768 | €33,481 | -€45,287 | -57.5% |
| Trade receivables | 40 | €68,546 | €33,481 | -€35,065 | -51.2% |
| Other amounts receivable | 41 | €10,222 | - | -€10,222 | |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €366,557 | €439,382 | +€72,825 | +19.9% |
| Deferred charges and accrued income | 490/1 | €8,012 | - | -€8,012 | |
| Total equity and liabilities | 10/49 | €2,405,945 | €2,419,466 | +€13,521 | +0.6% |
| Equity | 10/15 | €1,320,504 | €1,389,975 | +€69,471 | +5.3% |
| Revaluation surpluses | 12 | €585,000 | €585,000 | = | 0.0% |
| Reserves | 13 | €455,635 | €484,494 | +€28,859 | +6.3% |
| Investment grants | 15 | €279,869 | €320,481 | +€40,612 | +14.5% |
| Provisions and deferred taxes | 16 | €123,192 | €123,192 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €123,192 | €123,192 | = | 0.0% |
| Pensions and similar obligations | 160 | €67,217 | €67,217 | = | 0.0% |
| Environmental obligations | 163 | €55,975 | €55,975 | = | 0.0% |
| Amounts payable | 17/49 | €962,249 | €906,299 | -€55,950 | -5.8% |
| Amounts payable after more than one year | 17 | €527,568 | €484,622 | -€42,947 | -8.1% |
| Financial debts | 170/4 | €498,295 | €455,348 | -€42,947 | -8.6% |
| Other amounts payable | 178/9 | €29,273 | €29,273 | = | 0.0% |
| Amounts payable within one year | 42/48 | €423,365 | €415,543 | -€7,823 | -1.8% |
| Financial debts | 43 | €42,026 | €42,944 | +€918 | +2.2% |
| Credit institutions | 430/8 | €42,026 | €42,944 | +€918 | +2.2% |
| Trade debts | 44 | €62,034 | €35,571 | -€26,463 | -42.7% |
| Suppliers | 440/4 | €62,034 | €35,571 | -€26,463 | -42.7% |
| Taxes, remuneration and social security | 45 | €40,605 | €56,881 | +€16,276 | +40.1% |
| Taxes | 450/3 | €43 | €8,696 | +€8,652 | +19,978% |
| Remuneration and social security | 454/9 | €40,562 | €48,185 | +€7,624 | +18.8% |
| Accrued charges and deferred income | 492/3 | €11,315 | €6,135 | -€5,180 | -45.8% |
| Remuneration, social security and pensions | 62 | €331,364 | €371,353 | +€39,988 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,177 | €108,665 | +€25,488 | +30.6% |
| Other operating charges | 640/8 | €1,350 | €10,566 | +€9,217 | +683% |
| Non-recurring operating charges | 66A | €6,839 | €6,529 | -€310 | -4.5% |
| Gross operating margin | 9900 | €505,504 | €547,898 | +€42,394 | +8.4% |
| Operating profit (loss) | 9901 | €82,774 | €50,785 | -€31,989 | -38.6% |
| Financial income | 75/76B | €3,571 | €2,216 | -€1,355 | -37.9% |
| Recurring financial income | 75 | €3,571 | €2,216 | -€1,355 | -37.9% |
| Financial charges | 65/66B | €10,622 | €9,736 | -€886 | -8.3% |
| Recurring financial charges | 65 | €10,622 | €9,736 | -€886 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €75,724 | €43,265 | -€32,458 | -42.9% |
| Income taxes | 67/77 | €11,237 | €14,406 | +€3,169 | +28.2% |
| Profit (loss) for the period | 9904 | €64,486 | €28,859 | -€35,627 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,486 | €28,859 | -€35,627 | -55.2% |
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 1 November 2026 via checked.be.