MONI-STUR: 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.
MONI-STUR
Largest movements
- Receivables within one year -€24,305
down €24,305 (-84.7%), from €28,700 to €4,395
of which Trade receivables: -€24,305
- Stocks and contracts -€4,069
down €4,069 (-8.3%), from €49,248 to €45,178
- Cash -€2,419
down €2,419 (-50.5%), from €4,788 to €2,369
mainly Tax, wage and social debts (-€19,680) and Trade debts (-€17,273)
- Tangible fixed assets -€2,050
down €2,050 (-30.5%), from €6,717 to €4,667
- Tax, wage and social debts -€19,680
down €19,680 (-88.8%), from €22,155 to €2,475
of which Remuneration and social security: -€20,400
- Trade debts -€17,273
down €17,273 (-90.1%), from €19,176 to €1,903
- Other debts +€4,253
up €4,253 (+17.7%), from €23,992 to €28,244
- Gross operating margin +€2,598
up €2,598 (+30.0%), from €8,671 to €11,268
- Financial charges +€1,555
up €1,555 (+65.0%), from €2,395 to €3,950
- Other operating charges +€1,373
up €1,373 (+40.2%), from €3,413 to €4,786
- Taxes +€170
up €170 (+37.4%), from €454 to €624
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 | €89,453 | €56,610 | -€32,843 | -36.7% |
| Fixed assets | 21/28 | €6,717 | €4,667 | -€2,050 | -30.5% |
| Tangible fixed assets | 22/27 | €6,717 | €4,667 | -€2,050 | -30.5% |
| Furniture and vehicles | 24 | €6,717 | €4,667 | -€2,050 | -30.5% |
| Current assets | 29/58 | €82,736 | €51,943 | -€30,793 | -37.2% |
| Stocks and contracts in progress | 3 | €49,248 | €45,178 | -€4,069 | -8.3% |
| Stocks | 30/36 | €49,248 | €45,178 | -€4,069 | -8.3% |
| Amounts receivable within one year | 40/41 | €28,700 | €4,395 | -€24,305 | -84.7% |
| Trade receivables | 40 | €26,000 | €1,695 | -€24,305 | -93.5% |
| Other amounts receivable | 41 | €2,700 | €2,700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,788 | €2,369 | -€2,419 | -50.5% |
| Total equity and liabilities | 10/49 | €89,453 | €56,610 | -€32,843 | -36.7% |
| Equity | 10/15 | €24,131 | €23,989 | -€142 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €801 | €801 | = | 0.0% |
| Non-distributable reserves | 130/1 | €801 | €0 | -€801 | -100% |
| Reserves not available under the articles | 1311 | €801 | €0 | -€801 | -100% |
| Distributable reserves | 133 | - | €801 | +€801 | |
| Profit (loss) carried forward | 14 | €4,729 | €4,587 | -€142 | -3.0% |
| Amounts payable | 17/49 | €65,322 | €32,622 | -€32,701 | -50.1% |
| Amounts payable within one year | 42/48 | €65,322 | €32,622 | -€32,701 | -50.1% |
| Trade debts | 44 | €19,176 | €1,903 | -€17,273 | -90.1% |
| Suppliers | 440/4 | €19,176 | €1,903 | -€17,273 | -90.1% |
| Taxes, remuneration and social security | 45 | €22,155 | €2,475 | -€19,680 | -88.8% |
| Taxes | 450/3 | €1,755 | €2,475 | +€720 | +41.0% |
| Remuneration and social security | 454/9 | €20,400 | €0 | -€20,400 | -100% |
| Other amounts payable | 47/48 | €23,992 | €28,244 | +€4,253 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,050 | €2,050 | = | 0.0% |
| Other operating charges | 640/8 | €3,413 | €4,786 | +€1,373 | +40.2% |
| Gross operating margin | 9900 | €8,671 | €11,268 | +€2,598 | +30.0% |
| Operating profit (loss) | 9901 | €3,207 | €4,432 | +€1,225 | +38.2% |
| Financial charges | 65/66B | €2,395 | €3,950 | +€1,555 | +65.0% |
| Recurring financial charges | 65 | €2,395 | €3,950 | +€1,555 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | €813 | €482 | -€331 | -40.7% |
| Income taxes | 67/77 | €454 | €624 | +€170 | +37.4% |
| Profit (loss) for the period | 9904 | €359 | -€142 | -€501 | |
| Profit (loss) for the period to be appropriated | 9905 | €359 | -€142 | -€501 |
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 19 October 2026 via checked.be.