MOND&N: 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.
MOND&N
Largest movements
- Receivables within one year +€76,139
up €76,139 (+44.8%), from €170,087 to €246,226
of which Other amounts receivable: +€92,067
- Cash -€12,898
down €12,898 (-83.5%), from €15,438 to €2,540
mainly Receivables within one year (-€76,139) and Net result for the year (-€25,662)
- Tax, wage and social debts +€76,854
up €76,854 (+46.2%), from €166,463 to €243,317
of which Taxes: +€52,973
- Profit (loss) carried forward -€25,662
down €25,662 (-131.0%), from -€19,586 to -€45,248
- Current portion of long-term debt +€9,427
up €9,427 (+41.5%), from €22,695 to €32,122
- Short-term financial debts +€5,466
up €5,466 (+276.1%), from €1,980 to €7,446
- Trade debts -€2,845
down €2,845 (-56.9%), from €4,996 to €2,151
- Staff costs -€34,407
down €34,407 (-3.7%), from €937,911 to €903,504
- Gross operating margin -€33,923
down €33,923 (-3.6%), from €948,102 to €914,179
- Financial charges +€26,966
up €26,966 (+804.5%), from €3,352 to €30,318
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 | €195,147 | €258,388 | +€63,241 | +32.4% |
| Fixed assets | 21/28 | €9,622 | €9,622 | = | 0.0% |
| Tangible fixed assets | 22/27 | €9,622 | €9,622 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,622 | €9,622 | = | 0.0% |
| Current assets | 29/58 | €185,525 | €248,766 | +€63,241 | +34.1% |
| Amounts receivable within one year | 40/41 | €170,087 | €246,226 | +€76,139 | +44.8% |
| Trade receivables | 40 | €113,482 | €97,554 | -€15,928 | -14.0% |
| Other amounts receivable | 41 | €56,605 | €148,672 | +€92,067 | +162.6% |
| Cash at bank and in hand | 54/58 | €15,438 | €2,540 | -€12,898 | -83.5% |
| Total equity and liabilities | 10/49 | €195,147 | €258,388 | +€63,241 | +32.4% |
| Equity | 10/15 | -€986 | -€26,648 | -€25,662 | -2602.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,586 | -€45,248 | -€25,662 | -131.0% |
| Amounts payable | 17/49 | €196,133 | €285,036 | +€88,903 | +45.3% |
| Amounts payable within one year | 42/48 | €196,133 | €285,036 | +€88,903 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €22,695 | €32,122 | +€9,427 | +41.5% |
| Financial debts | 43 | €1,980 | €7,446 | +€5,466 | +276.1% |
| Credit institutions | 430/8 | €1,980 | €7,446 | +€5,466 | +276.1% |
| Trade debts | 44 | €4,996 | €2,151 | -€2,845 | -56.9% |
| Suppliers | 440/4 | €4,996 | €2,151 | -€2,845 | -56.9% |
| Taxes, remuneration and social security | 45 | €166,463 | €243,317 | +€76,854 | +46.2% |
| Taxes | 450/3 | €28,348 | €81,321 | +€52,973 | +186.9% |
| Remuneration and social security | 454/9 | €138,115 | €161,996 | +€23,881 | +17.3% |
| Remuneration, social security and pensions | 62 | €937,911 | €903,504 | -€34,407 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,811 | - | -€4,811 | |
| Other operating charges | 640/8 | €1,061 | €625 | -€436 | -41.1% |
| Gross operating margin | 9900 | €948,102 | €914,179 | -€33,923 | -3.6% |
| Operating profit (loss) | 9901 | €4,319 | €10,050 | +€5,731 | +132.7% |
| Financial income | 75/76B | €121 | €6 | -€115 | -95.1% |
| Recurring financial income | 75 | €121 | €6 | -€115 | -95.1% |
| Financial charges | 65/66B | €3,352 | €30,318 | +€26,966 | +804.5% |
| Recurring financial charges | 65 | €3,352 | €30,318 | +€26,966 | +804.5% |
| Profit (loss) for the period before taxes | 9903 | €1,089 | -€20,262 | -€21,350 | |
| Income taxes | 67/77 | - | €5,400 | +€5,400 | |
| Profit (loss) for the period | 9904 | €1,089 | -€25,662 | -€26,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,089 | -€25,662 | -€26,751 |
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 12 October 2026 via checked.be.