MONCOUSIN: 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.
MONCOUSIN
Largest movements
- Tangible fixed assets +€35,799
new in 2025: €35,799
- Deferred charges and accrued income +€566
up €566 (+108.0%), from €524 to €1,090
- Cash +€497
up €497 (+41.2%), from €1,205 to €1,702
mainly Debts after one year (+€26,170) and Net result for the year (+€19,907)
- Receivables within one year +€480
new in 2025: €480
- Debts after one year +€26,170
new in 2025: €26,170
- Profit (loss) carried forward +€19,907
up €19,907 (+19.7%), from -€100,842 to -€80,935
- Other debts -€15,591
down €15,591 (-21.7%), from €71,836 to €56,245
- Current portion of long-term debt +€6,477
new in 2025: €6,477
- Gross operating margin -€86,398
down €86,398 (-77.3%), from €111,739 to €25,341
- Taxes +€2,331
up €2,331 (+1375.1%), from €169 to €2,500
- Depreciation +€2,031
new in 2025: €2,031
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 | €1,729 | €39,070 | +€37,341 | +2159.6% |
| Fixed assets | 21/28 | - | €35,799 | +€35,799 | |
| Tangible fixed assets | 22/27 | - | €35,799 | +€35,799 | |
| Furniture and vehicles | 24 | - | €35,799 | +€35,799 | |
| Current assets | 29/58 | €1,729 | €3,272 | +€1,542 | +89.2% |
| Amounts receivable within one year | 40/41 | - | €480 | +€480 | |
| Trade receivables | 40 | - | €480 | +€480 | |
| Cash at bank and in hand | 54/58 | €1,205 | €1,702 | +€497 | +41.2% |
| Deferred charges and accrued income | 490/1 | €524 | €1,090 | +€566 | +108.0% |
| Total equity and liabilities | 10/49 | €1,729 | €39,070 | +€37,341 | +2159.6% |
| Equity | 10/15 | -€81,842 | -€61,935 | +€19,907 | +24.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,842 | -€80,935 | +€19,907 | +19.7% |
| Amounts payable | 17/49 | €83,571 | €101,006 | +€17,435 | +20.9% |
| Amounts payable after more than one year | 17 | - | €26,170 | +€26,170 | |
| Financial debts | 170/4 | - | €26,170 | +€26,170 | |
| Amounts payable within one year | 42/48 | €83,571 | €74,836 | -€8,735 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,477 | +€6,477 | |
| Trade debts | 44 | €10,236 | €10,261 | +€25 | +0.2% |
| Suppliers | 440/4 | €10,236 | €10,261 | +€25 | +0.2% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,853 | +€354 | +23.6% |
| Taxes | 450/3 | €1,500 | €1,853 | +€354 | +23.6% |
| Other amounts payable | 47/48 | €71,836 | €56,245 | -€15,591 | -21.7% |
| Non-recurring operating income | 76A | - | €6,198 | +€6,198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,031 | +€2,031 | |
| Other operating charges | 640/8 | €228 | - | -€228 | |
| Non-recurring operating charges | 66A | €15,176 | - | -€15,176 | |
| Gross operating margin | 9900 | €111,739 | €25,341 | -€86,398 | -77.3% |
| Operating profit (loss) | 9901 | €96,336 | €23,309 | -€73,027 | -75.8% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €920 | €909 | -€11 | -1.2% |
| Recurring financial charges | 65 | €920 | €909 | -€11 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €95,416 | €22,407 | -€73,009 | -76.5% |
| Income taxes | 67/77 | €169 | €2,500 | +€2,331 | +1375.1% |
| Profit (loss) for the period | 9904 | €95,246 | €19,907 | -€75,339 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,246 | €19,907 | -€75,339 | -79.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.