Monif: 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.
Monif
Largest movements
- Receivables within one year +€29,150
up €29,150 (+407.8%), from €7,148 to €36,298
of which Trade receivables: +€29,359
- Cash -€17,134
down €17,134 (-87.8%), from €19,520 to €2,386
mainly Other debts (-€37,346) and Receivables within one year (-€29,150)
- Tangible fixed assets +€3,250
up €3,250 (+26.6%), from €12,216 to €15,466
- Other debts -€37,346
down €37,346 (-6.3%), from €591,520 to €554,175
- Profit (loss) carried forward +€28,586
up €28,586 (+4.2%), from -€684,980 to -€656,394
- Trade debts +€10,527
up €10,527 (+17.6%), from €59,982 to €70,509
- Short-term financial debts +€7,183
up €7,183, from €0 to €7,183
- Tax, wage and social debts +€4,789
up €4,789 (+36.6%), from €13,086 to €17,875
of which Taxes: +€4,712
- Gross operating margin +€13,159
up €13,159 (+5.8%), from €225,433 to €238,592
- Depreciation -€6,260
down €6,260 (-44.8%), from €13,985 to €7,725
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 | €42,777 | €58,098 | +€15,321 | +35.8% |
| Fixed assets | 21/28 | €12,634 | €15,884 | +€3,250 | +25.7% |
| Tangible fixed assets | 22/27 | €12,216 | €15,466 | +€3,250 | +26.6% |
| Plant, machinery and equipment | 23 | €12,216 | €15,466 | +€3,250 | +26.6% |
| Financial fixed assets | 28 | €418 | €418 | = | 0.0% |
| Current assets | 29/58 | €30,143 | €42,214 | +€12,071 | +40.0% |
| Stocks and contracts in progress | 3 | €703 | €657 | -€46 | -6.5% |
| Stocks | 30/36 | €703 | €657 | -€46 | -6.5% |
| Amounts receivable within one year | 40/41 | €7,148 | €36,298 | +€29,150 | +407.8% |
| Trade receivables | 40 | €6,939 | €36,298 | +€29,359 | +423.1% |
| Other amounts receivable | 41 | €209 | €0 | -€209 | -100.0% |
| Cash at bank and in hand | 54/58 | €19,520 | €2,386 | -€17,134 | -87.8% |
| Deferred charges and accrued income | 490/1 | €2,772 | €2,873 | +€102 | +3.7% |
| Total equity and liabilities | 10/49 | €42,777 | €58,098 | +€15,321 | +35.8% |
| Equity | 10/15 | -€626,196 | -€597,610 | +€28,586 | +4.6% |
| Contributions | 10/11 | €52,100 | €52,100 | = | 0.0% |
| Reserves | 13 | €6,684 | €6,684 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,478 | €1,478 | = | 0.0% |
| Distributable reserves | 133 | €5,206 | €5,206 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€684,980 | -€656,394 | +€28,586 | +4.2% |
| Amounts payable | 17/49 | €668,972 | €655,708 | -€13,265 | -2.0% |
| Amounts payable within one year | 42/48 | €664,588 | €649,742 | -€14,847 | -2.2% |
| Financial debts | 43 | €0 | €7,183 | +€7,183 | |
| Credit institutions | 430/8 | €0 | €7,183 | +€7,183 | |
| Trade debts | 44 | €59,982 | €70,509 | +€10,527 | +17.6% |
| Suppliers | 440/4 | €59,982 | €70,509 | +€10,527 | +17.6% |
| Taxes, remuneration and social security | 45 | €13,086 | €17,875 | +€4,789 | +36.6% |
| Taxes | 450/3 | €489 | €5,200 | +€4,712 | +963.8% |
| Remuneration and social security | 454/9 | €12,597 | €12,674 | +€77 | +0.6% |
| Other amounts payable | 47/48 | €591,520 | €554,175 | -€37,346 | -6.3% |
| Accrued charges and deferred income | 492/3 | €4,384 | €5,966 | +€1,582 | +36.1% |
| Remuneration, social security and pensions | 62 | €189,512 | €189,364 | -€148 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,985 | €7,725 | -€6,260 | -44.8% |
| Other operating charges | 640/8 | €7,480 | €7,779 | +€299 | +4.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €225,433 | €238,592 | +€13,159 | +5.8% |
| Operating profit (loss) | 9901 | €14,456 | €33,724 | +€19,268 | +133.3% |
| Financial income | 75/76B | €65 | €34 | -€31 | -48.1% |
| Recurring financial income | 75 | €65 | €34 | -€31 | -48.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,651 | €4,909 | +€1,259 | +34.5% |
| Recurring financial charges | 65 | €3,651 | €4,909 | +€1,259 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €10,870 | €28,848 | +€17,978 | +165.4% |
| Income taxes | 67/77 | €256 | €262 | +€7 | +2.5% |
| Profit (loss) for the period | 9904 | €10,614 | €28,586 | +€17,971 | +169.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,614 | €28,586 | +€17,971 | +169.3% |
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 29 September 2026 via checked.be.