MONFORT MANAGEMENT: 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.
MONFORT MANAGEMENT
Largest movements
- Receivables within one year +€400,000
up €400,000, from €0 to €400,000
of which Other amounts receivable: +€400,000
- Cash +€110,575
up €110,575 (+47.0%), from €235,474 to €346,049
mainly Other debts (+€828,263) and Net result for the year (+€760,407)
- Tangible fixed assets +€71,335
up €71,335 (+20.1%), from €354,450 to €425,785
of which Furniture and vehicles: +€82,397
- Other debts +€828,263
up €828,263 (+161%), from €515,475 to €1.3m
- Reserves -€220,000
down €220,000 (-30.5%), from €722,000 to €502,000
- Debts after one year +€47,760
up €47,760 (+15.6%), from €305,256 to €353,016
- Current portion of long-term debt -€42,133
down €42,133 (-54.1%), from €77,828 to €35,696
- Financial income +€201,081
up €201,081 (+101%), from €200,012 to €401,094
- Depreciation +€7,941
up €7,941 (+70.8%), from €11,224 to €19,165
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.
Derived cash bridge
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 | €1,691,256 | €2,274,317 | +€583,061 | +34.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,455,781 | €1,527,116 | +€71,335 | +4.9% |
| Tangible fixed assets | 22/27 | €354,450 | €425,785 | +€71,335 | +20.1% |
| Land and buildings | 22 | €353,938 | €342,875 | -€11,063 | -3.1% |
| Furniture and vehicles | 24 | €512 | €82,910 | +€82,397 | +16,082% |
| Financial fixed assets | 28 | €1,101,331 | €1,101,331 | = | 0.0% |
| Current assets | 29/58 | €235,474 | €747,201 | +€511,726 | +217% |
| Amounts receivable within one year | 40/41 | €0 | €400,000 | +€400,000 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €235,474 | €346,049 | +€110,575 | +47.0% |
| Deferred charges and accrued income | 490/1 | - | €1,151 | +€1,151 | |
| Total equity and liabilities | 10/49 | €1,691,256 | €2,274,317 | +€583,061 | +34.5% |
| Equity | 10/15 | €771,223 | €531,631 | -€239,593 | -31.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €722,000 | €502,000 | -€220,000 | -30.5% |
| Distributable reserves | 133 | €722,000 | €502,000 | -€220,000 | -30.5% |
| Profit (loss) carried forward | 14 | €29,223 | €9,631 | -€19,593 | -67.0% |
| Amounts payable | 17/49 | €920,032 | €1,742,686 | +€822,654 | +89.4% |
| Amounts payable after more than one year | 17 | €305,256 | €353,016 | +€47,760 | +15.6% |
| Financial debts | 170/4 | €305,256 | €353,016 | +€47,760 | +15.6% |
| Amounts payable within one year | 42/48 | €614,776 | €1,389,670 | +€774,894 | +126% |
| Current portion of amounts payable after more than one year | 42 | €77,828 | €35,696 | -€42,133 | -54.1% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €21,473 | €10,236 | -€11,236 | -52.3% |
| Taxes | 450/3 | €21,473 | €10,236 | -€11,236 | -52.3% |
| Other amounts payable | 47/48 | €515,475 | €1,343,739 | +€828,263 | +161% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €25,297 | €26,386 | +€1,090 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,224 | €19,165 | +€7,941 | +70.8% |
| Other operating charges | 640/8 | €1,343 | €1,460 | +€117 | +8.7% |
| Gross operating margin | 9900 | €504,853 | €505,592 | +€739 | +0.1% |
| Operating profit (loss) | 9901 | €492,285 | €484,966 | -€7,319 | -1.5% |
| Financial income | 75/76B | €200,012 | €401,094 | +€201,081 | +101% |
| Recurring financial income | 75 | €200,012 | €401,094 | +€201,081 | +101% |
| Financial charges | 65/66B | €7,773 | €5,163 | -€2,610 | -33.6% |
| Recurring financial charges | 65 | €7,773 | €5,163 | -€2,610 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €684,525 | €880,896 | +€196,372 | +28.7% |
| Income taxes | 67/77 | €121,401 | €120,489 | -€912 | -0.8% |
| Profit (loss) for the period | 9904 | €563,124 | €760,407 | +€197,284 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €563,124 | €760,407 | +€197,284 | +35.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.