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MONI: 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.

What changed

MONI

BE 0466.780.430
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€47,080
2024 · €211,872-€258,952
Equity
€32,207
2024 · €79,288-€47,081
Cash
€51,297
2024 · €103,297-€52,000
Balance sheet total
€1.8m
2024 · €230,510+€1.6m

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€1.6m

    up €1.6m (+1250.9%), from €127,048 to €1.7m

    of which Land and buildings: +€1.6m

  • Cash -€52,000

    down €52,000 (-50.3%), from €103,297 to €51,297

    mainly Investment in fixed assets (net) (-€1.6m) and Other debts (-€91,849)

  • Receivables within one year +€30,855

    new in 2025: €30,855

Equity and liabilities
  • Debts after one year +€1.7m

    up €1.7m (+4992.6%), from €33,750 to €1.7m

  • Other debts -€91,849

    down €91,849 (-97.3%), from €94,376 to €2,527

  • Profit (loss) carried forward -€47,080

    down €47,080, from €11,117 to -€35,963

  • Trade debts +€30,805

    up €30,805 (+50916.5%), from €61 to €30,865

Income statement
  • Gross operating margin -€307,270

    down €307,270 (-97.8%), from €314,246 to €6,976

  • Taxes -€73,036

    no longer reported in 2025 (was €73,036)

  • Depreciation +€22,801

    up €22,801 (+177.4%), from €12,850 to €35,651

  • Other operating charges +€3,300

    up €3,300 (+26.0%), from €12,701 to €16,001

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €211,872
Gross operating margin -€307,270
Depreciation -€22,801
Other operating charges -€3,300
Financial charges +€1,383
Taxes +€73,036
Result 2025 -€47,080

Cash bridge derived

cash 2024 to 2025

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.

From operations -€112,149
Investment -€1.6m
Financing +€1.7m
Cash 2024 €103,297
Net result for the year -€47,080
Depreciation +€35,651
Receivables within one year -€30,855
Deferred charges and accrued income -€785
Trade debts +€30,805
Tax, wage and social debts -€8,036
Other debts -€91,849
Investment in fixed assets (net) -€1.6m
Debts after one year +€1.7m
Contributions, distributions and other -€1
Cash 2025 €51,297
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €230,510 €1,799,349 +€1.6m +680.6%
Fixed assets 21/28 €127,048 €1,716,247 +€1.6m +1250.9%
Tangible fixed assets 22/27 €127,048 €1,716,247 +€1.6m +1250.9%
Land and buildings 22 €126,545 €1,715,935 +€1.6m +1256.0%
Furniture and vehicles 24 €503 €312 -€191 -38.0%
Current assets 29/58 €103,462 €83,102 -€20,360 -19.7%
Amounts receivable within one year 40/41 - €30,855 +€30,855
Trade receivables 40 - €30,855 +€30,855
Cash at bank and in hand 54/58 €103,297 €51,297 -€52,000 -50.3%
Deferred charges and accrued income 490/1 €165 €950 +€785 +474.4%
Total equity and liabilities 10/49 €230,510 €1,799,349 +€1.6m +680.6%
Equity 10/15 €79,288 €32,207 -€47,081 -59.4%
Contributions 10/11 €61,973 €61,973 -€0 0.0%
Capital 10 €61,973 €61,973 -€0 0.0%
Issued capital 100 €61,973 €61,973 -€0 0.0%
Reserves 13 €6,197 €6,197 -€0 0.0%
Non-distributable reserves 130/1 €6,197 €6,197 -€0 0.0%
Legal reserve 130 €6,197 €6,197 -€0 0.0%
Profit (loss) carried forward 14 €11,117 -€35,963 -€47,080
Amounts payable 17/49 €151,222 €1,767,142 +€1.6m +1068.6%
Amounts payable after more than one year 17 €33,750 €1,718,750 +€1.7m +4992.6%
Financial debts 170/4 €33,750 €1,718,750 +€1.7m +4992.6%
Amounts payable within one year 42/48 €117,472 €48,392 -€69,080 -58.8%
Current portion of amounts payable after more than one year 42 €15,000 €15,000 = 0.0%
Trade debts 44 €61 €30,865 +€30,805 +50916.5%
Suppliers 440/4 €61 €30,865 +€30,805 +50916.5%
Taxes, remuneration and social security 45 €8,036 - -€8,036
Taxes 450/3 €8,036 - -€8,036
Other amounts payable 47/48 €94,376 €2,527 -€91,849 -97.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,850 €35,651 +€22,801 +177.4%
Other operating charges 640/8 €12,701 €16,001 +€3,300 +26.0%
Gross operating margin 9900 €314,246 €6,976 -€307,270 -97.8%
Operating profit (loss) 9901 €288,695 -€44,676 -€333,371
Financial charges 65/66B €3,787 €2,404 -€1,383 -36.5%
Recurring financial charges 65 €3,787 €2,404 -€1,383 -36.5%
Profit (loss) for the period before taxes 9903 €284,908 -€47,080 -€331,988
Income taxes 67/77 €73,036 - -€73,036
Profit (loss) for the period 9904 €211,872 -€47,080 -€258,952
Profit (loss) for the period to be appropriated 9905 €211,872 -€47,080 -€258,952

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 28 September 2026 via checked.be.