Monev: 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.
Monev
Largest movements
- Receivables within one year -€1.8m
down €1.8m (-94.4%), from €1.9m to €105,539
- Other debts -€3.7m
down €3.7m (-99.9%), from €3.7m to €2,195
- Contributions +€1.9m
up €1.9m (+3075.0%), from €62,000 to €2.0m
- Financial income -€269,386
down €269,386 (-100.0%), from €269,399 to €13
- Gross operating margin -€159,610
down €159,610, from €153,293 to -€6,317
- Staff costs -€25,652
down €25,652 (-88.0%), from €29,149 to €3,497
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 | €1,915,517 | €124,637 | -€1.8m | -93.5% |
| Current assets | 29/58 | €1,915,517 | €124,637 | -€1.8m | -93.5% |
| Amounts receivable within one year | 40/41 | €1,889,472 | €105,539 | -€1.8m | -94.4% |
| Other amounts receivable | 41 | €1,889,472 | €105,539 | -€1.8m | -94.4% |
| Cash at bank and in hand | 54/58 | €21,983 | €15,257 | -€6,726 | -30.6% |
| Deferred charges and accrued income | 490/1 | €4,062 | €3,841 | -€221 | -5.4% |
| Total equity and liabilities | 10/49 | €1,915,517 | €124,637 | -€1.8m | -93.5% |
| Equity | 10/15 | -€1,771,783 | €122,391 | +€1.9m | |
| Contributions | 10/11 | €62,000 | €1,968,500 | +€1.9m | +3075.0% |
| Capital | 10 | €62,000 | €1,968,500 | +€1.9m | +3075.0% |
| Issued capital | 100 | €62,000 | €1,968,500 | +€1.9m | +3075.0% |
| Reserves | 13 | €8,679 | €8,679 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,842,462 | -€1,854,788 | -€12,326 | -0.7% |
| Amounts payable | 17/49 | €3,687,300 | €2,246 | -€3.7m | -99.9% |
| Amounts payable within one year | 42/48 | €3,687,300 | €2,229 | -€3.7m | -99.9% |
| Trade debts | 44 | €31 | €34 | +€3 | +9.7% |
| Suppliers | 440/4 | €31 | €34 | +€3 | +9.7% |
| Other amounts payable | 47/48 | €3,687,269 | €2,195 | -€3.7m | -99.9% |
| Accrued charges and deferred income | 492/3 | - | €17 | +€17 | |
| Remuneration, social security and pensions | 62 | €29,149 | €3,497 | -€25,652 | -88.0% |
| Other operating charges | 640/8 | €1,581 | €1,889 | +€308 | +19.5% |
| Gross operating margin | 9900 | €153,293 | -€6,317 | -€159,610 | |
| Operating profit (loss) | 9901 | €122,563 | -€11,703 | -€134,266 | |
| Financial income | 75/76B | €269,399 | €13 | -€269,386 | -100.0% |
| Recurring financial income | 75 | €269,399 | €13 | -€269,386 | -100.0% |
| Financial charges | 65/66B | €2,024 | €636 | -€1,388 | -68.6% |
| Recurring financial charges | 65 | €2,024 | €636 | -€1,388 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | €389,938 | -€12,326 | -€402,264 | |
| Profit (loss) for the period | 9904 | €389,938 | -€12,326 | -€402,264 | |
| Profit (loss) for the period to be appropriated | 9905 | €389,938 | -€12,326 | -€402,264 |
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 28 September 2026 via checked.be.