Monforte: 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.
Monforte
Largest movements
- Receivables within one year +€43,423
up €43,423 (+454220.1%), from €10 to €43,433
of which Trade receivables: +€43,433
- Cash +€24,164
up €24,164 (+31.0%), from €77,884 to €102,049
mainly Net result for the year (+€38,103) and Tax, wage and social debts (+€19,703)
- Deferred charges and accrued income -€4,952
down €4,952 (-23.5%), from €21,073 to €16,121
- Reserves +€38,103
up €38,103 (+51.0%), from €74,662 to €112,765
- Tax, wage and social debts +€19,703
up €19,703 (+124.5%), from €15,827 to €35,529
of which Taxes: +€19,685
- Trade debts +€6,252
up €6,252 (+477.8%), from €1,309 to €7,560
- Gross operating margin +€11,772
up €11,772 (+29.9%), from €39,409 to €51,181
- Taxes +€2,880
up €2,880 (+30.6%), from €9,422 to €12,301
- Staff costs -€960
no longer reported in 2025 (was €960)
- Financial income +€654
up €654 (+2858.7%), from €23 to €677
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 | €98,967 | €161,603 | +€62,636 | +63.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €98,967 | €161,603 | +€62,636 | +63.3% |
| Amounts receivable within one year | 40/41 | €10 | €43,433 | +€43,423 | +454220.1% |
| Trade receivables | 40 | €0 | €43,433 | +€43,433 | |
| Other amounts receivable | 41 | €10 | - | -€10 | |
| Cash at bank and in hand | 54/58 | €77,884 | €102,049 | +€24,164 | +31.0% |
| Deferred charges and accrued income | 490/1 | €21,073 | €16,121 | -€4,952 | -23.5% |
| Total equity and liabilities | 10/49 | €98,967 | €161,603 | +€62,636 | +63.3% |
| Equity | 10/15 | €79,662 | €117,765 | +€38,103 | +47.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €74,662 | €112,765 | +€38,103 | +51.0% |
| Distributable reserves | 133 | €74,662 | €112,765 | +€38,103 | +51.0% |
| Amounts payable | 17/49 | €19,305 | €43,838 | +€24,532 | +127.1% |
| Amounts payable within one year | 42/48 | €19,305 | €43,838 | +€24,532 | +127.1% |
| Trade debts | 44 | €1,309 | €7,560 | +€6,252 | +477.8% |
| Suppliers | 440/4 | €1,309 | €7,560 | +€6,252 | +477.8% |
| Taxes, remuneration and social security | 45 | €15,827 | €35,529 | +€19,703 | +124.5% |
| Taxes | 450/3 | €15,827 | €35,511 | +€19,685 | +124.4% |
| Remuneration and social security | 454/9 | - | €18 | +€18 | |
| Other amounts payable | 47/48 | €2,170 | €748 | -€1,422 | -65.5% |
| Non-recurring operating income | 76A | €735 | - | -€735 | |
| Remuneration, social security and pensions | 62 | €960 | - | -€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159 | - | -€159 | |
| Other operating charges | 640/8 | €1,552 | €1,260 | -€292 | -18.8% |
| Gross operating margin | 9900 | €39,409 | €51,181 | +€11,772 | +29.9% |
| Operating profit (loss) | 9901 | €36,737 | €49,921 | +€13,184 | +35.9% |
| Financial income | 75/76B | €23 | €677 | +€654 | +2858.7% |
| Recurring financial income | 75 | €23 | €677 | +€654 | +2858.7% |
| Financial charges | 65/66B | €83 | €193 | +€110 | +133.5% |
| Recurring financial charges | 65 | €83 | €193 | +€110 | +133.5% |
| Profit (loss) for the period before taxes | 9903 | €36,678 | €50,405 | +€13,727 | +37.4% |
| Income taxes | 67/77 | €9,422 | €12,301 | +€2,880 | +30.6% |
| Profit (loss) for the period | 9904 | €27,256 | €38,103 | +€10,848 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,256 | €38,103 | +€10,848 | +39.8% |
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 5 October 2026 via checked.be.