MONFEE: 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.
MONFEE
Largest movements
- Current investments +€18,703
new in 2025: €18,703
- Cash -€16,794
down €16,794 (-33.9%), from €49,530 to €32,736
mainly Contributions, distributions and other (-€56,183) and Current investments (-€18,703)
- Receivables within one year +€1,467
up €1,467 (+7.5%), from €19,441 to €20,908
of which Other amounts receivable: +€1,467
- Other debts +€32,404
up €32,404 (+1940.2%), from €1,670 to €34,074
- Reserves -€23,425
down €23,425 (-45.0%), from €52,041 to €28,615
- Tax, wage and social debts -€5,726
down €5,726 (-51.8%), from €11,049 to €5,323
- Gross operating margin +€24,815
up €24,815 (+108.3%), from €22,911 to €47,726
- Financial income -€9,986
down €9,986 (-100.0%), from €9,986 to €0
of which Non-recurring financial income: -€9,986
- Taxes +€3,443
up €3,443 (+57.3%), from €6,008 to €9,452
- Financial charges +€1,828
up €1,828 (+67.9%), from €2,691 to €4,519
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 | €69,850 | €73,174 | +€3,324 | +4.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €69,850 | €73,174 | +€3,324 | +4.8% |
| Amounts receivable within one year | 40/41 | €19,441 | €20,908 | +€1,467 | +7.5% |
| Trade receivables | 40 | €19,360 | €19,360 | = | 0.0% |
| Other amounts receivable | 41 | €81 | €1,548 | +€1,467 | +1809.7% |
| Current investments | 50/53 | - | €18,703 | +€18,703 | |
| Cash at bank and in hand | 54/58 | €49,530 | €32,736 | -€16,794 | -33.9% |
| Deferred charges and accrued income | 490/1 | €879 | €827 | -€52 | -5.9% |
| Total equity and liabilities | 10/49 | €69,850 | €73,174 | +€3,324 | +4.8% |
| Equity | 10/15 | €57,041 | €33,615 | -€23,425 | -41.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €52,041 | €28,615 | -€23,425 | -45.0% |
| Distributable reserves | 133 | €52,041 | €28,615 | -€23,425 | -45.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,810 | €39,559 | +€26,749 | +208.8% |
| Amounts payable within one year | 42/48 | €12,810 | €39,559 | +€26,749 | +208.8% |
| Trade debts | 44 | €91 | €162 | +€71 | +78.5% |
| Suppliers | 440/4 | €91 | €162 | +€71 | +78.5% |
| Taxes, remuneration and social security | 45 | €11,049 | €5,323 | -€5,726 | -51.8% |
| Taxes | 450/3 | €11,049 | €5,323 | -€5,726 | -51.8% |
| Other amounts payable | 47/48 | €1,670 | €34,074 | +€32,404 | +1940.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €772 | €998 | +€227 | +29.3% |
| Gross operating margin | 9900 | €22,911 | €47,726 | +€24,815 | +108.3% |
| Operating profit (loss) | 9901 | €22,139 | €46,728 | +€24,589 | +111.1% |
| Financial income | 75/76B | €9,986 | €0 | -€9,986 | -100.0% |
| Recurring financial income | 75 | €9,986 | €0 | -€9,986 | -100.0% |
| Non-recurring financial income | 76B | €9,986 | €0 | -€9,986 | -100.0% |
| Financial charges | 65/66B | €2,691 | €4,519 | +€1,828 | +67.9% |
| Recurring financial charges | 65 | €2,691 | €4,519 | +€1,828 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €29,434 | €42,209 | +€12,775 | +43.4% |
| Income taxes | 67/77 | €6,008 | €9,452 | +€3,443 | +57.3% |
| Profit (loss) for the period | 9904 | €23,425 | €32,757 | +€9,332 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,425 | €32,757 | +€9,332 | +39.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.