MONED - B: 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.
MONED - B
Largest movements
- Receivables within one year +€225,534
up €225,534 (+77.9%), from €289,364 to €514,897
- Tangible fixed assets -€53,389
down €53,389 (-100%), from €53,389 to €0
of which Land and buildings: -€53,389
- Reserves +€187,860
up €187,860 (+63.7%), from €294,728 to €482,589
- Other debts -€15,585
no longer reported in 2026 (was €15,585)
- Tax, wage and social debts +€10,386
new in 2026: €10,386
- Gross operating margin +€200,340
up €200,340 (+881%), from €22,739 to €223,078
- Taxes +€50,060
up €50,060 (+485%), from €10,325 to €60,386
- Financial income +€29,326
up €29,326 (+937%), from €3,129 to €32,455
of which Non-recurring financial income: +€30,411
- Financial charges -€15,474
down €15,474 (-80.2%), from €19,291 to €3,818
of which Non-recurring financial charges: -€19,112
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €343,053 | €516,378 | +€173,325 | +50.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €53,389 | €0 | -€53,389 | -100% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €53,389 | €0 | -€53,389 | -100% |
| Land and buildings | 22 | €53,389 | - | -€53,389 | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €289,664 | €516,378 | +€226,714 | +78.3% |
| Amounts receivable within one year | 40/41 | €289,364 | €514,897 | +€225,534 | +77.9% |
| Other amounts receivable | 41 | €289,364 | €514,897 | +€225,534 | +77.9% |
| Cash at bank and in hand | 54/58 | - | €1,481 | +€1,481 | |
| Deferred charges and accrued income | 490/1 | €301 | - | -€301 | |
| Total equity and liabilities | 10/49 | €343,053 | €516,378 | +€173,325 | +50.5% |
| Equity | 10/15 | €313,320 | €501,181 | +€187,860 | +60.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €294,728 | €482,589 | +€187,860 | +63.7% |
| Distributable reserves | 133 | €294,728 | €482,589 | +€187,860 | +63.7% |
| Amounts payable | 17/49 | €29,733 | €15,197 | -€14,536 | -48.9% |
| Amounts payable within one year | 42/48 | €29,733 | €15,197 | -€14,536 | -48.9% |
| Financial debts | 43 | €4,196 | - | -€4,196 | |
| Credit institutions | 430/8 | €4,196 | - | -€4,196 | |
| Trade debts | 44 | €9,952 | €4,812 | -€5,141 | -51.7% |
| Suppliers | 440/4 | €9,952 | €4,812 | -€5,141 | -51.7% |
| Taxes, remuneration and social security | 45 | - | €10,386 | +€10,386 | |
| Taxes | 450/3 | - | €10,386 | +€10,386 | |
| Other amounts payable | 47/48 | €15,585 | - | -€15,585 | |
| Non-recurring operating income | 76A | - | €238,382 | +€238,382 | |
| Remuneration, social security and pensions | 62 | €391 | - | -€391 | |
| Other operating charges | 640/8 | €3,497 | €3,470 | -€27 | -0.8% |
| Gross operating margin | 9900 | €22,739 | €223,078 | +€200,340 | +881% |
| Operating profit (loss) | 9901 | €18,852 | €219,609 | +€200,757 | +1,065% |
| Financial income | 75/76B | €3,129 | €32,455 | +€29,326 | +937% |
| Recurring financial income | 75 | €3,129 | €2,044 | -€1,085 | -34.7% |
| Non-recurring financial income | 76B | - | €30,411 | +€30,411 | |
| Financial charges | 65/66B | €19,291 | €3,818 | -€15,474 | -80.2% |
| Recurring financial charges | 65 | €180 | €3,818 | +€3,638 | +2,024% |
| Non-recurring financial charges | 66B | €19,112 | - | -€19,112 | |
| Profit (loss) for the period before taxes | 9903 | €2,690 | €248,246 | +€245,556 | +9,129% |
| Income taxes | 67/77 | €10,325 | €60,386 | +€50,060 | +485% |
| Profit (loss) for the period | 9904 | -€7,636 | €187,860 | +€195,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,636 | €187,860 | +€195,496 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.