Moniteurope: 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.
Moniteurope
Largest movements
- Cash -€313,459
down €313,459 (-59.4%), from €527,322 to €213,864
mainly Current investments (-€220,846) and Contributions, distributions and other (-€135,923)
- Current investments +€220,846
up €220,846 (+38.4%), from €575,309 to €796,154
- Receivables within one year +€40,587
up €40,587 (+1,169%), from €3,471 to €44,058
- Profit (loss) carried forward -€75,000
down €75,000 (-56.2%), from €133,372 to €58,372
- Other debts +€55,923
up €55,923 (+69.9%), from €80,000 to €135,923
- Reserves -€35,009
down €35,009 (-3.8%), from €915,975 to €880,966
of which Distributable reserves: -€35,009
- Financial income +€10,057
up €10,057 (+87.1%), from €11,549 to €21,607
- Taxes +€3,739
up €3,739 (+41.9%), from €8,922 to €12,661
- Gross operating margin +€3,727
up €3,727 (+14.8%), from €25,219 to €28,946
- Other operating charges +€2,576
up €2,576 (+47.4%), from €5,439 to €8,014
- Depreciation +€523
up €523 (+49.6%), from €1,054 to €1,577
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 | €1,192,466 | €1,139,509 | -€52,958 | -4.4% |
| Formation expenses | 20 | €6,400 | €6,400 | = | 0.0% |
| Fixed assets | 21/28 | €79,341 | €77,763 | -€1,577 | -2.0% |
| Tangible fixed assets | 22/27 | €79,341 | €77,763 | -€1,577 | -2.0% |
| Land and buildings | 22 | €73,270 | €73,270 | = | 0.0% |
| Plant, machinery and equipment | 23 | €6,071 | €4,494 | -€1,577 | -26.0% |
| Current assets | 29/58 | €1,106,726 | €1,055,345 | -€51,381 | -4.6% |
| Amounts receivable within one year | 40/41 | €3,471 | €44,058 | +€40,587 | +1,169% |
| Other amounts receivable | 41 | €3,471 | €44,058 | +€40,587 | +1,169% |
| Current investments | 50/53 | €575,309 | €796,154 | +€220,846 | +38.4% |
| Cash at bank and in hand | 54/58 | €527,322 | €213,864 | -€313,459 | -59.4% |
| Deferred charges and accrued income | 490/1 | €624 | €1,269 | +€645 | +104% |
| Total equity and liabilities | 10/49 | €1,192,466 | €1,139,509 | -€52,958 | -4.4% |
| Equity | 10/15 | €1,111,346 | €1,001,338 | -€110,009 | -9.9% |
| 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 | €915,975 | €880,966 | -€35,009 | -3.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €909,775 | €874,766 | -€35,009 | -3.8% |
| Profit (loss) carried forward | 14 | €133,372 | €58,372 | -€75,000 | -56.2% |
| Amounts payable | 17/49 | €81,120 | €138,171 | +€57,051 | +70.3% |
| Amounts payable within one year | 42/48 | €81,120 | €138,171 | +€57,051 | +70.3% |
| Trade debts | 44 | €1,120 | €2,248 | +€1,128 | +101% |
| Suppliers | 440/4 | €1,120 | €2,248 | +€1,128 | +101% |
| Other amounts payable | 47/48 | €80,000 | €135,923 | +€55,923 | +69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,054 | €1,577 | +€523 | +49.6% |
| Other operating charges | 640/8 | €5,439 | €8,014 | +€2,576 | +47.4% |
| Gross operating margin | 9900 | €25,219 | €28,946 | +€3,727 | +14.8% |
| Operating profit (loss) | 9901 | €18,727 | €19,354 | +€627 | +3.4% |
| Financial income | 75/76B | €11,549 | €21,607 | +€10,057 | +87.1% |
| Recurring financial income | 75 | €11,549 | €21,607 | +€10,057 | +87.1% |
| Financial charges | 65/66B | €2,236 | €2,385 | +€150 | +6.7% |
| Recurring financial charges | 65 | €2,236 | €2,385 | +€150 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €28,040 | €38,575 | +€10,535 | +37.6% |
| Income taxes | 67/77 | €8,922 | €12,661 | +€3,739 | +41.9% |
| Profit (loss) for the period | 9904 | €19,118 | €25,914 | +€6,796 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,118 | €25,914 | +€6,796 | +35.5% |
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 14 October 2026 via checked.be.