MONIN: 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
MONIN
NACE 58.290, Other software publishing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€245,854
2024 · €207,908+€37,946
Equity
€1.6m
2024 · €1.4m+€241,454
Cash
€12,377
2024 · €17,561-€5,184
Balance sheet total
€2.4m
2024 · €2.4m-€57,205
Largest movements
Assets
- Receivables within one year -€35,263
down €35,263 (-1.5%), from €2.3m to €2.3m
of which Trade receivables: -€396,918
Equity and liabilities
- Trade debts -€277,837
down €277,837 (-36.7%), from €756,460 to €478,623
- Reserves +€241,000
up €241,000 (+18.6%), from €1.3m to €1.5m
of which Distributable reserves: +€241,000
- Tax, wage and social debts -€26,139
down €26,139 (-11.6%), from €226,061 to €199,922
of which Taxes: -€57,802
Income statement
- Turnover +€324,510
up €324,510 (+8.1%), from €4.0m to €4.3m
- Gross operating margin +€234,686
up €234,686 (+23.8%), from €987,863 to €1.2m
- Staff costs +€169,667
up €169,667 (+24.5%), from €692,611 to €862,278
- Purchases and services +€98,387
up €98,387 (+3.3%), from €3.0m to €3.1m
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.
Result 2024
€207,908
Gross operating margin
+€234,686
Staff costs
-€169,667
Depreciation
-€2,674
Write-downs
-€682
Other operating charges
+€1,100
Other operating items
-€902
Financial income
-€7,817
Financial charges
-€341
Taxes
-€15,757
Result 2025
€245,854
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.
From operations
+€7,402
Investment
-€8,186
Financing
-€4,400
Cash 2024
€17,561
From operations (derived)
+€7,402
Net result for the year
+€245,854
Depreciation
+€19,851
Receivables within one year
+€35,263
Deferred charges and accrued income
+€5,094
Provisions
+€682
Trade debts
-€277,837
Tax, wage and social debts
-€26,139
Other debts
+€1,384
Accrued charges and deferred income
+€3,251
Investment (derived)
-€8,186
Investment in fixed assets (net)
-€8,186
Financing
-€4,400
Contributions, distributions and other
-€4,400
Cash 2025
€12,377
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,412,688 | €2,355,483 | -€57,205 | -2.4% |
| Fixed assets | 21/28 | €69,700 | €58,036 | -€11,664 | -16.7% |
| Tangible fixed assets | 22/27 | €44,900 | €33,236 | -€11,664 | -26.0% |
| Plant, machinery and equipment | 23 | €29,043 | €21,663 | -€7,380 | -25.4% |
| Furniture and vehicles | 24 | €7,474 | €5,252 | -€2,222 | -29.7% |
| Other tangible fixed assets | 26 | €8,384 | €6,321 | -€2,062 | -24.6% |
| Financial fixed assets | 28 | €24,800 | €24,800 | = | 0.0% |
| Current assets | 29/58 | €2,342,988 | €2,297,447 | -€45,541 | -1.9% |
| Amounts receivable within one year | 40/41 | €2,294,949 | €2,259,687 | -€35,263 | -1.5% |
| Trade receivables | 40 | €1,150,979 | €754,061 | -€396,918 | -34.5% |
| Other amounts receivable | 41 | €1,143,970 | €1,505,625 | +€361,655 | +31.6% |
| Cash at bank and in hand | 54/58 | €17,561 | €12,377 | -€5,184 | -29.5% |
| Deferred charges and accrued income | 490/1 | €30,477 | €25,383 | -€5,094 | -16.7% |
| Total equity and liabilities | 10/49 | €2,412,688 | €2,355,483 | -€57,205 | -2.4% |
| Equity | 10/15 | €1,358,804 | €1,600,259 | +€241,454 | +17.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,296,550 | €1,537,550 | +€241,000 | +18.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €147,350 | €147,350 | = | 0.0% |
| Distributable reserves | 133 | €1,143,000 | €1,384,000 | +€241,000 | +21.1% |
| Profit (loss) carried forward | 14 | €254 | €709 | +€454 | +178.6% |
| Provisions and deferred taxes | 16 | - | €682 | +€682 | |
| Provisions for liabilities and charges | 160/5 | - | €682 | +€682 | |
| Pensions and similar obligations | 160 | - | €682 | +€682 | |
| Amounts payable | 17/49 | €1,053,884 | €754,542 | -€299,341 | -28.4% |
| Amounts payable within one year | 42/48 | €985,538 | €682,945 | -€302,593 | -30.7% |
| Trade debts | 44 | €756,460 | €478,623 | -€277,837 | -36.7% |
| Suppliers | 440/4 | €756,460 | €478,623 | -€277,837 | -36.7% |
| Taxes, remuneration and social security | 45 | €226,061 | €199,922 | -€26,139 | -11.6% |
| Taxes | 450/3 | €132,960 | €75,159 | -€57,802 | -43.5% |
| Remuneration and social security | 454/9 | €93,101 | €124,764 | +€31,663 | +34.0% |
| Other amounts payable | 47/48 | €3,016 | €4,400 | +€1,384 | +45.9% |
| Accrued charges and deferred income | 492/3 | €68,346 | €71,597 | +€3,251 | +4.8% |
| Turnover | 70 | €3,990,644 | €4,315,154 | +€324,510 | +8.1% |
| Non-recurring operating income | 76A | - | €1,053 | +€1,053 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,021,951 | €3,120,338 | +€98,387 | +3.3% |
| Remuneration, social security and pensions | 62 | €692,611 | €862,278 | +€169,667 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,177 | €19,851 | +€2,674 | +15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €682 | +€682 | |
| Other operating charges | 640/8 | €5,131 | €4,031 | -€1,100 | -21.4% |
| Non-recurring operating charges | 66A | €203 | €1,105 | +€902 | +443.4% |
| Gross operating margin | 9900 | €987,863 | €1,222,548 | +€234,686 | +23.8% |
| Operating profit (loss) | 9901 | €272,740 | €334,602 | +€61,862 | +22.7% |
| Financial income | 75/76B | €30,456 | €22,639 | -€7,817 | -25.7% |
| Recurring financial income | 75 | €30,456 | €22,639 | -€7,817 | -25.7% |
| Financial charges | 65/66B | €15,846 | €16,188 | +€341 | +2.2% |
| Recurring financial charges | 65 | €15,846 | €16,188 | +€341 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €287,350 | €341,053 | +€53,703 | +18.7% |
| Income taxes | 67/77 | €79,442 | €95,199 | +€15,757 | +19.8% |
| Profit (loss) for the period | 9904 | €207,908 | €245,854 | +€37,946 | +18.3% |
| Transfer to tax-exempt reserves | 689 | €42,100 | - | -€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €165,808 | €245,854 | +€80,046 | +48.3% |
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.