MONERES: 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.
MONERES
Largest movements
- Cash -€13,192
down €13,192 (-41.0%), from €32,143 to €18,951
mainly Net result for the year (-€39,649) and Tax, wage and social debts (-€2,954)
- Intangible fixed assets -€6,626
down €6,626 (-57.2%), from €11,582 to €4,956
- Stocks and contracts -€5,447
down €5,447 (-31.8%), from €17,132 to €11,685
- Deferred charges and accrued income +€2,569
up €2,569 (+1904.9%), from €135 to €2,704
- Receivables within one year -€1,707
down €1,707 (-16.0%), from €10,640 to €8,933
of which Other amounts receivable: -€3,573
- Reserves -€39,649
down €39,649 (-76.1%), from €52,131 to €12,482
- Debts after one year +€15,000
up €15,000, from €0 to €15,000
- Tax, wage and social debts -€2,954
down €2,954 (-19.3%), from €15,293 to €12,339
- Trade debts +€1,335
up €1,335 (+190.0%), from €703 to €2,038
- Advances received +€1,330
new in 2025: €1,330
- Gross operating margin -€103,455
down €103,455, from €70,722 to -€32,733
- Write-downs -€25,000
down €25,000, from €12,500 to -€12,500
- Taxes -€10,157
down €10,157 (-98.8%), from €10,280 to €123
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 | €73,860 | €48,364 | -€25,496 | -34.5% |
| Fixed assets | 21/28 | €13,810 | €6,091 | -€7,719 | -55.9% |
| Intangible fixed assets | 21 | €11,582 | €4,956 | -€6,626 | -57.2% |
| Tangible fixed assets | 22/27 | €2,229 | €1,136 | -€1,093 | -49.0% |
| Furniture and vehicles | 24 | €2,229 | €1,136 | -€1,093 | -49.0% |
| Current assets | 29/58 | €60,049 | €42,273 | -€17,776 | -29.6% |
| Stocks and contracts in progress | 3 | €17,132 | €11,685 | -€5,447 | -31.8% |
| Stocks | 30/36 | €17,132 | €11,685 | -€5,447 | -31.8% |
| Amounts receivable within one year | 40/41 | €10,640 | €8,933 | -€1,707 | -16.0% |
| Trade receivables | 40 | €738 | €2,604 | +€1,865 | +252.6% |
| Other amounts receivable | 41 | €9,902 | €6,329 | -€3,573 | -36.1% |
| Cash at bank and in hand | 54/58 | €32,143 | €18,951 | -€13,192 | -41.0% |
| Deferred charges and accrued income | 490/1 | €135 | €2,704 | +€2,569 | +1904.9% |
| Total equity and liabilities | 10/49 | €73,860 | €48,364 | -€25,496 | -34.5% |
| Equity | 10/15 | €55,131 | €15,482 | -€39,649 | -71.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52,131 | €12,482 | -€39,649 | -76.1% |
| Distributable reserves | 133 | €52,131 | €12,482 | -€39,649 | -76.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,729 | €32,882 | +€14,153 | +75.6% |
| Amounts payable after more than one year | 17 | €0 | €15,000 | +€15,000 | |
| Financial debts | 170/4 | €0 | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €18,729 | €17,631 | -€1,098 | -5.9% |
| Trade debts | 44 | €703 | €2,038 | +€1,335 | +190.0% |
| Suppliers | 440/4 | €703 | €2,038 | +€1,335 | +190.0% |
| Advances received on contracts in progress | 46 | - | €1,330 | +€1,330 | |
| Taxes, remuneration and social security | 45 | €15,293 | €12,339 | -€2,954 | -19.3% |
| Taxes | 450/3 | €15,293 | €12,339 | -€2,954 | -19.3% |
| Other amounts payable | 47/48 | €2,734 | €1,925 | -€809 | -29.6% |
| Accrued charges and deferred income | 492/3 | - | €251 | +€251 | |
| Non-recurring operating income | 76A | €205 | €0 | -€205 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,186 | €7,719 | +€533 | +7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,500 | -€12,500 | -€25,000 | |
| Other operating charges | 640/8 | €773 | €550 | -€223 | -28.9% |
| Non-recurring operating charges | 66A | - | €9,142 | +€9,142 | |
| Gross operating margin | 9900 | €70,722 | -€32,733 | -€103,455 | |
| Operating profit (loss) | 9901 | €50,263 | -€37,644 | -€87,907 | |
| Financial income | 75/76B | €88 | €303 | +€215 | +244.6% |
| Recurring financial income | 75 | €88 | €303 | +€215 | +244.6% |
| Financial charges | 65/66B | €2,217 | €2,185 | -€32 | -1.4% |
| Recurring financial charges | 65 | €2,217 | €2,185 | -€32 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €48,134 | -€39,526 | -€87,660 | |
| Income taxes | 67/77 | €10,280 | €123 | -€10,157 | -98.8% |
| Profit (loss) for the period | 9904 | €37,854 | -€39,649 | -€77,502 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,854 | -€39,649 | -€77,502 |
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 29 September 2026 via checked.be.