MONCLE: 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.
MONCLE
Largest movements
- Cash +€43,604
up €43,604 (+93.0%), from €46,896 to €90,500
mainly Net result for the year (+€54,294) and Current portion of long-term debt (+€13,212)
- Stocks and contracts +€5,543
up €5,543 (+66.8%), from €8,304 to €13,848
- Tangible fixed assets -€3,534
down €3,534 (-9.6%), from €36,715 to €33,181
of which Land and buildings: -€2,985
- Profit (loss) carried forward +€54,294
up €54,294, from -€9,059 to €45,235
- Debts after one year -€15,575
no longer reported in 2025 (was €15,575)
- Current portion of long-term debt +€13,212
new in 2025: €13,212
- Other debts -€8,066
down €8,066 (-19.5%), from €41,318 to €33,252
- Trade debts +€2,510
up €2,510 (+170.1%), from €1,476 to €3,986
- Gross operating margin +€17,199
up €17,199 (+29.4%), from €58,480 to €75,679
- Financial charges +€5,942
up €5,942 (+403.1%), from €1,474 to €7,415
- Depreciation -€3,310
down €3,310 (-39.1%), from €8,454 to €5,144
- Other operating charges -€3,106
down €3,106 (-59.4%), from €5,230 to €2,124
- Staff costs +€1,298
up €1,298 (+26.3%), from €4,940 to €6,238
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 | €92,016 | €137,529 | +€45,513 | +49.5% |
| Fixed assets | 21/28 | €36,715 | €33,181 | -€3,534 | -9.6% |
| Tangible fixed assets | 22/27 | €36,715 | €33,181 | -€3,534 | -9.6% |
| Land and buildings | 22 | €30,351 | €27,366 | -€2,985 | -9.8% |
| Plant, machinery and equipment | 23 | €2,943 | €3,210 | +€267 | +9.1% |
| Furniture and vehicles | 24 | €3,420 | €2,605 | -€816 | -23.9% |
| Current assets | 29/58 | €55,301 | €104,347 | +€49,047 | +88.7% |
| Stocks and contracts in progress | 3 | €8,304 | €13,848 | +€5,543 | +66.8% |
| Stocks | 30/36 | €8,304 | €13,848 | +€5,543 | +66.8% |
| Amounts receivable within one year | 40/41 | €100 | - | -€100 | |
| Trade receivables | 40 | €100 | - | -€100 | |
| Cash at bank and in hand | 54/58 | €46,896 | €90,500 | +€43,604 | +93.0% |
| Total equity and liabilities | 10/49 | €92,016 | €137,529 | +€45,513 | +49.5% |
| Equity | 10/15 | €10,941 | €65,235 | +€54,294 | +496.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,059 | €45,235 | +€54,294 | |
| Amounts payable | 17/49 | €81,075 | €72,294 | -€8,781 | -10.8% |
| Amounts payable after more than one year | 17 | €15,575 | - | -€15,575 | |
| Financial debts | 170/4 | €15,575 | - | -€15,575 | |
| Amounts payable within one year | 42/48 | €65,500 | €72,294 | +€6,794 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | - | €13,212 | +€13,212 | |
| Trade debts | 44 | €1,476 | €3,986 | +€2,510 | +170.1% |
| Suppliers | 440/4 | €1,476 | €3,986 | +€2,510 | +170.1% |
| Taxes, remuneration and social security | 45 | €22,706 | €21,843 | -€863 | -3.8% |
| Taxes | 450/3 | €17,958 | €21,843 | +€3,886 | +21.6% |
| Remuneration and social security | 454/9 | €4,749 | - | -€4,749 | |
| Other amounts payable | 47/48 | €41,318 | €33,252 | -€8,066 | -19.5% |
| Remuneration, social security and pensions | 62 | €4,940 | €6,238 | +€1,298 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,454 | €5,144 | -€3,310 | -39.1% |
| Other operating charges | 640/8 | €5,230 | €2,124 | -€3,106 | -59.4% |
| Gross operating margin | 9900 | €58,480 | €75,679 | +€17,199 | +29.4% |
| Operating profit (loss) | 9901 | €39,856 | €62,172 | +€22,316 | +56.0% |
| Financial income | 75/76B | €468 | €82 | -€386 | -82.4% |
| Recurring financial income | 75 | €468 | €82 | -€386 | -82.4% |
| Financial charges | 65/66B | €1,474 | €7,415 | +€5,942 | +403.1% |
| Recurring financial charges | 65 | €1,474 | €7,415 | +€5,942 | +403.1% |
| Profit (loss) for the period before taxes | 9903 | €38,850 | €54,839 | +€15,989 | +41.2% |
| Income taxes | 67/77 | €791 | €545 | -€246 | -31.1% |
| Profit (loss) for the period | 9904 | €38,059 | €54,294 | +€16,235 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,059 | €54,294 | +€16,235 | +42.7% |
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 11 October 2026 via checked.be.