MONERI: 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.
MONERI
Largest movements
- Current investments +€199,131
up €199,131 (+34.6%), from €575,749 to €774,880
- Cash -€173,906
down €173,906 (-66.6%), from €261,104 to €87,198
mainly Current investments (-€199,131) and Other debts (-€44,438)
- Receivables within one year +€31,889
up €31,889 (+1562.6%), from €2,041 to €33,929
of which Other amounts receivable: +€20,912
- Tangible fixed assets +€13,746
up €13,746 (+6.0%), from €229,164 to €242,910
of which Land and buildings: +€13,910
- Accrued charges and deferred income +€170,327
new in 2025: €170,327
- Other debts -€44,438
down €44,438 (-46.1%), from €96,418 to €51,980
- Tax, wage and social debts -€33,899
no longer reported in 2025 (was €33,899)
- Trade debts -€13,259
down €13,259 (-68.7%), from €19,304 to €6,045
- Financial income -€145,772
down €145,772 (-93.1%), from €156,594 to €10,822
- Taxes -€33,072
down €33,072 (-95.0%), from €34,806 to €1,735
- Financial charges -€23,864
down €23,864 (-83.0%), from €28,749 to €4,886
- Other operating charges -€18,118
down €18,118 (-82.2%), from €22,040 to €3,922
- Gross operating margin +€6,925
up €6,925 (+74.3%), from €9,323 to €16,249
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 | €1,068,063 | €1,138,922 | +€70,860 | +6.6% |
| Fixed assets | 21/28 | €229,169 | €242,915 | +€13,746 | +6.0% |
| Tangible fixed assets | 22/27 | €229,164 | €242,910 | +€13,746 | +6.0% |
| Land and buildings | 22 | €228,903 | €242,814 | +€13,910 | +6.1% |
| Other tangible fixed assets | 26 | €261 | €96 | -€165 | -63.1% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €838,894 | €896,007 | +€57,114 | +6.8% |
| Amounts receivable within one year | 40/41 | €2,041 | €33,929 | +€31,889 | +1562.6% |
| Trade receivables | 40 | - | €10,977 | +€10,977 | |
| Other amounts receivable | 41 | €2,041 | €22,953 | +€20,912 | +1024.7% |
| Current investments | 50/53 | €575,749 | €774,880 | +€199,131 | +34.6% |
| Cash at bank and in hand | 54/58 | €261,104 | €87,198 | -€173,906 | -66.6% |
| Total equity and liabilities | 10/49 | €1,068,063 | €1,138,922 | +€70,860 | +6.6% |
| Equity | 10/15 | €821,171 | €821,710 | +€539 | +0.1% |
| Contributions | 10/11 | €322,800 | €322,800 | = | 0.0% |
| Reserves | 13 | €478,310 | €478,310 | = | 0.0% |
| Distributable reserves | 133 | €478,310 | €478,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,061 | €20,600 | +€539 | +2.7% |
| Amounts payable | 17/49 | €246,892 | €317,212 | +€70,321 | +28.5% |
| Amounts payable after more than one year | 17 | €88,860 | €80,125 | -€8,735 | -9.8% |
| Financial debts | 170/4 | €88,860 | €80,125 | -€8,735 | -9.8% |
| Amounts payable within one year | 42/48 | €158,031 | €66,760 | -€91,271 | -57.8% |
| Current portion of amounts payable after more than one year | 42 | €8,410 | €8,735 | +€325 | +3.9% |
| Trade debts | 44 | €19,304 | €6,045 | -€13,259 | -68.7% |
| Suppliers | 440/4 | €19,304 | €6,045 | -€13,259 | -68.7% |
| Taxes, remuneration and social security | 45 | €33,899 | - | -€33,899 | |
| Taxes | 450/3 | €33,899 | - | -€33,899 | |
| Other amounts payable | 47/48 | €96,418 | €51,980 | -€44,438 | -46.1% |
| Accrued charges and deferred income | 492/3 | - | €170,327 | +€170,327 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,962 | €15,989 | -€1,973 | -11.0% |
| Other operating charges | 640/8 | €22,040 | €3,922 | -€18,118 | -82.2% |
| Gross operating margin | 9900 | €9,323 | €16,249 | +€6,925 | +74.3% |
| Operating profit (loss) | 9901 | -€30,679 | -€3,663 | +€27,016 | +88.1% |
| Financial income | 75/76B | €156,594 | €10,822 | -€145,772 | -93.1% |
| Recurring financial income | 75 | €156,594 | €10,822 | -€145,772 | -93.1% |
| Financial charges | 65/66B | €28,749 | €4,886 | -€23,864 | -83.0% |
| Recurring financial charges | 65 | €28,749 | €4,886 | -€23,864 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | €97,166 | €2,273 | -€94,893 | -97.7% |
| Income taxes | 67/77 | €34,806 | €1,735 | -€33,072 | -95.0% |
| Profit (loss) for the period | 9904 | €62,360 | €539 | -€61,821 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,360 | €539 | -€61,821 | -99.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.