MONITOR CAPITAL PARTNERS: 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.
MONITOR CAPITAL PARTNERS
Largest movements
- Cash -€5,418
down €5,418 (-68.1%), from €7,954 to €2,536
mainly Net result for the year (-€85,377) and Accrued charges and deferred income (-€6,685)
- Receivables within one year +€2,459
up €2,459 (+1.1%), from €223,793 to €226,253
of which Trade receivables: +€3,333
- Other debts +€91,685
up €91,685 (+16.5%), from €556,281 to €647,965
- Profit (loss) carried forward -€85,377
down €85,377 (-18.5%), from -€461,595 to -€546,972
- Accrued charges and deferred income -€6,685
no longer reported in 2024 (was €6,685)
- Trade debts -€4,713
down €4,713 (-10.6%), from €44,653 to €39,941
- Gross operating margin +€41,150
up €41,150 (+33.8%), from -€121,885 to -€80,735
- Financial charges -€6,888
down €6,888 (-74.6%), from €9,229 to €2,341
- Depreciation -€1,258
down €1,258 (-39.1%), from €3,217 to €1,959
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,583 | €231,494 | -€5,089 | -2.2% |
| Fixed assets | 21/28 | €3,910 | €1,951 | -€1,959 | -50.1% |
| Tangible fixed assets | 22/27 | €3,910 | €1,951 | -€1,959 | -50.1% |
| Plant, machinery and equipment | 23 | €2,217 | €1,571 | -€646 | -29.1% |
| Furniture and vehicles | 24 | €1,693 | €379 | -€1,313 | -77.6% |
| Current assets | 29/58 | €232,674 | €229,543 | -€3,130 | -1.3% |
| Amounts receivable within one year | 40/41 | €223,793 | €226,253 | +€2,459 | +1.1% |
| Trade receivables | 40 | €7,786 | €11,119 | +€3,333 | +42.8% |
| Other amounts receivable | 41 | €216,008 | €215,133 | -€874 | -0.4% |
| Cash at bank and in hand | 54/58 | €7,954 | €2,536 | -€5,418 | -68.1% |
| Deferred charges and accrued income | 490/1 | €926 | €755 | -€171 | -18.5% |
| Total equity and liabilities | 10/49 | €236,583 | €231,494 | -€5,089 | -2.2% |
| Equity | 10/15 | -€371,035 | -€456,412 | -€85,377 | -23.0% |
| Contributions | 10/11 | €81,200 | €81,200 | = | 0.0% |
| Contributions outside capital | 11 | €81,200 | €81,200 | = | 0.0% |
| Other | 1109/19 | €81,200 | €81,200 | = | 0.0% |
| Reserves | 13 | €9,360 | €9,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,360 | €9,360 | = | 0.0% |
| Legal reserve | 130 | €9,360 | €9,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€461,595 | -€546,972 | -€85,377 | -18.5% |
| Amounts payable | 17/49 | €607,619 | €687,906 | +€80,287 | +13.2% |
| Amounts payable within one year | 42/48 | €600,934 | €687,906 | +€86,972 | +14.5% |
| Trade debts | 44 | €44,653 | €39,941 | -€4,713 | -10.6% |
| Suppliers | 440/4 | €44,653 | €39,941 | -€4,713 | -10.6% |
| Other amounts payable | 47/48 | €556,281 | €647,965 | +€91,685 | +16.5% |
| Accrued charges and deferred income | 492/3 | €6,685 | - | -€6,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,217 | €1,959 | -€1,258 | -39.1% |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Gross operating margin | 9900 | -€121,885 | -€80,735 | +€41,150 | +33.8% |
| Operating profit (loss) | 9901 | -€125,596 | -€83,200 | +€42,396 | +33.8% |
| Financial income | 75/76B | €62 | €163 | +€101 | +163% |
| Recurring financial income | 75 | €62 | €163 | +€101 | +163% |
| Financial charges | 65/66B | €9,229 | €2,341 | -€6,888 | -74.6% |
| Recurring financial charges | 65 | €9,229 | €2,341 | -€6,888 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | -€134,762 | -€85,377 | +€49,386 | +36.6% |
| Profit (loss) for the period | 9904 | -€134,762 | -€85,377 | +€49,386 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€134,762 | -€85,377 | +€49,386 | +36.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.