MONINFI: 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.
MONINFI
Largest movements
- Cash +€18,863
up €18,863 (+23.0%), from €82,144 to €101,007
mainly Other debts (+€68,575) and Net result for the year (+€17,810)
- Tangible fixed assets -€9,978
down €9,978 (-26.3%), from €37,940 to €27,962
- Receivables within one year -€2,690
down €2,690 (-25.8%), from €10,415 to €7,724
of which Trade receivables: -€8,189
- Other debts +€68,575
up €68,575 (+2269.6%), from €3,021 to €71,596
- Reserves -€50,200
down €50,200 (-44.5%), from €112,900 to €62,700
- Tax, wage and social debts -€10,447
no longer reported in 2025 (was €10,447)
- Trade debts -€1,774
down €1,774 (-40.4%), from €4,387 to €2,614
- Gross operating margin -€3,371
down €3,371 (-8.1%), from €41,689 to €38,318
- Taxes -€873
down €873 (-8.4%), from €10,374 to €9,502
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 | €132,895 | €139,059 | +€6,164 | +4.6% |
| Fixed assets | 21/28 | €37,940 | €27,962 | -€9,978 | -26.3% |
| Tangible fixed assets | 22/27 | €37,940 | €27,962 | -€9,978 | -26.3% |
| Furniture and vehicles | 24 | €37,940 | €27,962 | -€9,978 | -26.3% |
| Current assets | 29/58 | €94,955 | €111,096 | +€16,142 | +17.0% |
| Amounts receivable within one year | 40/41 | €10,415 | €7,724 | -€2,690 | -25.8% |
| Trade receivables | 40 | €9,789 | €1,600 | -€8,189 | -83.7% |
| Other amounts receivable | 41 | €626 | €6,124 | +€5,498 | +878.8% |
| Cash at bank and in hand | 54/58 | €82,144 | €101,007 | +€18,863 | +23.0% |
| Deferred charges and accrued income | 490/1 | €2,396 | €2,365 | -€31 | -1.3% |
| Total equity and liabilities | 10/49 | €132,895 | €139,059 | +€6,164 | +4.6% |
| Equity | 10/15 | €115,039 | €64,849 | -€50,190 | -43.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €112,900 | €62,700 | -€50,200 | -44.5% |
| Distributable reserves | 133 | €112,900 | €62,700 | -€50,200 | -44.5% |
| Profit (loss) carried forward | 14 | €1,139 | €1,149 | +€10 | +0.9% |
| Amounts payable | 17/49 | €17,856 | €74,210 | +€56,354 | +315.6% |
| Amounts payable within one year | 42/48 | €17,856 | €74,210 | +€56,354 | +315.6% |
| Trade debts | 44 | €4,387 | €2,614 | -€1,774 | -40.4% |
| Suppliers | 440/4 | €4,387 | €2,614 | -€1,774 | -40.4% |
| Taxes, remuneration and social security | 45 | €10,447 | - | -€10,447 | |
| Taxes | 450/3 | €10,447 | - | -€10,447 | |
| Other amounts payable | 47/48 | €3,021 | €71,596 | +€68,575 | +2269.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,592 | €10,477 | -€115 | -1.1% |
| Other operating charges | 640/8 | €497 | €476 | -€22 | -4.3% |
| Gross operating margin | 9900 | €41,689 | €38,318 | -€3,371 | -8.1% |
| Operating profit (loss) | 9901 | €30,600 | €27,366 | -€3,234 | -10.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €54 | +€0 | +0.1% |
| Recurring financial charges | 65 | €54 | €54 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €30,546 | €27,312 | -€3,234 | -10.6% |
| Income taxes | 67/77 | €10,374 | €9,502 | -€873 | -8.4% |
| Profit (loss) for the period | 9904 | €20,172 | €17,810 | -€2,362 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,172 | €17,810 | -€2,362 | -11.7% |
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.