MONIZZE: 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
MONIZZE
NACE 66.199, Other activities auxiliary to financial services, excluding insurance and pension funding
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€7.5m
2023 · €9.2m-€1.7m
Equity
€14.8m
2023 · €10.3m+€4.5m
Cash
€6.0m
2023 · €7.4m-€1.4m
Balance sheet total
€38.7m
2023 · €40.2m-€1.5m
Largest movements
Assets
- Cash -€1.4m
down €1.4m (-19.2%), from €7.4m to €6.0m
mainly Trade debts (-€3.4m) and Investment in fixed assets (net) (-€3.3m)
- Receivables within one year -€1.1m
down €1.1m (-7.0%), from €15.9m to €14.8m
of which Trade receivables: -€2.3m
- Tangible fixed assets +€750,108
up €750,108 (+871.7%), from €86,048 to €836,156
of which Other tangible fixed assets: +€637,056
- Intangible fixed assets +€607,786
up €607,786 (+15.6%), from €3.9m to €4.5m
- Deferred charges and accrued income -€487,227
down €487,227 (-16.8%), from €2.9m to €2.4m
Equity and liabilities
- Profit (loss) carried forward +€3.5m
up €3.5m (+53.3%), from €6.6m to €10.0m
- Trade debts -€3.4m
down €3.4m (-16.4%), from €21.0m to €17.5m
- Other debts -€3.0m
down €3.0m (-50.0%), from €6.0m to €3.0m
- Reserves +€999,875
up €999,875 (+41.8%), from €2.4m to €3.4m
of which Tax-exempt reserves: +€999,875
- Accrued charges and deferred income +€511,273
up €511,273 (+37.7%), from €1.4m to €1.9m
Income statement
- Turnover +€1.8m
up €1.8m (+10.0%), from €17.8m to €19.6m
- Services and other goods +€1.8m
up €1.8m (+18.8%), from €9.3m to €11.1m
- Staff costs +€792,209
up €792,209 (+15.4%), from €5.1m to €5.9m
- Depreciation +€482,539
up €482,539 (+32.7%), from €1.5m to €2.0m
- Other operating income -€293,189
down €293,189 (-3.3%), from €8.9m to €8.6m
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.
Result 2023
€9.2m
Turnover
+€1.8m
Other operating income
-€293,189
Goods and materials
-€268,814
Services and other goods
-€1.8m
Staff costs
-€792,209
Depreciation
-€482,539
Other operating charges
-€149,991
Other operating items
+€224,047
Financial income
+€162,877
Financial charges
-€281,646
Taxes
+€167,389
Result 2024
€7.5m
Cash bridge derived
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.
From operations
+€5.1m
Investment
-€3.5m
Financing
-€3.0m
Cash 2023
€7.4m
From operations (derived)
+€5.1m
Net result for the year
+€7.5m
Depreciation
+€2.0m
Receivables within one year
+€1.1m
Deferred charges and accrued income
+€487,227
Trade debts
-€3.4m
Tax, wage and social debts
-€57,259
Other debts
-€3.0m
Accrued charges and deferred income
+€511,273
Investment (derived)
-€3.5m
Investment in fixed assets (net)
-€3.3m
Current investments
-€145,507
Financing
-€3.0m
Debts after one year
+€2,650
Contributions, distributions and other
-€3.0m
Cash 2024
€6.0m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,196,682 | €38,697,030 | -€1.5m | -3.7% |
| Fixed assets | 21/28 | €4,554,774 | €5,921,882 | +€1.4m | +30.0% |
| Intangible fixed assets | 21 | €3,900,187 | €4,507,973 | +€607,786 | +15.6% |
| Tangible fixed assets | 22/27 | €86,048 | €836,156 | +€750,108 | +871.7% |
| Furniture and vehicles | 24 | €71,012 | €184,064 | +€113,052 | +159.2% |
| Other tangible fixed assets | 26 | €15,036 | €652,092 | +€637,056 | +4236.9% |
| Financial fixed assets | 28 | €568,539 | €577,753 | +€9,214 | +1.6% |
| Affiliated companies | 280/1 | €565,613 | €570,000 | +€4,387 | +0.8% |
| Participating interests | 280 | €565,613 | €570,000 | +€4,387 | +0.8% |
| Other financial fixed assets | 284/8 | €2,926 | €7,753 | +€4,827 | +165.0% |
| Shares | 284 | €1 | €1 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,925 | €7,752 | +€4,827 | +165.0% |
| Current assets | 29/58 | €35,641,908 | €32,775,148 | -€2.9m | -8.0% |
| Amounts receivable within one year | 40/41 | €15,880,797 | €14,771,901 | -€1.1m | -7.0% |
| Trade receivables | 40 | €15,542,922 | €13,257,860 | -€2.3m | -14.7% |
| Other amounts receivable | 41 | €337,875 | €1,514,041 | +€1.2m | +348.1% |
| Current investments | 50/53 | €9,470,360 | €9,615,867 | +€145,507 | +1.5% |
| Other investments | 51/53 | €9,470,360 | €9,615,867 | +€145,507 | +1.5% |
| Cash at bank and in hand | 54/58 | €7,389,795 | €5,973,651 | -€1.4m | -19.2% |
| Deferred charges and accrued income | 490/1 | €2,900,956 | €2,413,729 | -€487,227 | -16.8% |
| Total equity and liabilities | 10/49 | €40,196,682 | €38,697,030 | -€1.5m | -3.7% |
| Equity | 10/15 | €10,266,950 | €14,758,294 | +€4.5m | +43.7% |
| Contributions | 10/11 | €1,318,122 | €1,318,122 | = | 0.0% |
| Capital | 10 | €1,318,122 | €1,318,122 | = | 0.0% |
| Issued capital | 100 | €1,318,122 | €1,318,122 | = | 0.0% |
| Reserves | 13 | €2,394,687 | €3,394,562 | +€999,875 | +41.8% |
| Non-distributable reserves | 130/1 | €131,812 | €131,812 | = | 0.0% |
| Legal reserve | 130 | €131,812 | €131,812 | = | 0.0% |
| Tax-exempt reserves | 132 | €999,875 | €1,999,750 | +€999,875 | +100.0% |
| Distributable reserves | 133 | €1,263,000 | €1,263,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,554,141 | €10,045,610 | +€3.5m | +53.3% |
| Amounts payable | 17/49 | €29,929,732 | €23,938,736 | -€6.0m | -20.0% |
| Amounts payable after more than one year | 17 | €482,110 | €484,760 | +€2,650 | +0.5% |
| Other amounts payable | 178/9 | €482,110 | €484,760 | +€2,650 | +0.5% |
| Amounts payable within one year | 42/48 | €28,090,079 | €21,585,160 | -€6.5m | -23.2% |
| Trade debts | 44 | €20,977,334 | €17,529,689 | -€3.4m | -16.4% |
| Suppliers | 440/4 | €20,977,334 | €17,529,689 | -€3.4m | -16.4% |
| Taxes, remuneration and social security | 45 | €1,112,730 | €1,055,471 | -€57,259 | -5.1% |
| Taxes | 450/3 | €386,726 | €449,131 | +€62,405 | +16.1% |
| Remuneration and social security | 454/9 | €726,004 | €606,340 | -€119,664 | -16.5% |
| Other amounts payable | 47/48 | €6,000,015 | €3,000,000 | -€3.0m | -50.0% |
| Accrued charges and deferred income | 492/3 | €1,357,543 | €1,868,816 | +€511,273 | +37.7% |
| Operating income | 70/76A | €27,272,704 | €28,975,795 | +€1.7m | +6.2% |
| Turnover | 70 | €17,814,363 | €19,586,907 | +€1.8m | +10.0% |
| Own construction capitalised | 72 | €567,100 | €800,588 | +€233,488 | +41.2% |
| Other operating income | 74 | €8,881,489 | €8,588,300 | -€293,189 | -3.3% |
| Non-recurring operating income | 76A | €9,752 | €0 | -€9,752 | -100.0% |
| Operating charges | 60/66A | €17,254,177 | €20,701,445 | +€3.4m | +20.0% |
| Goods for resale, raw materials and consumables | 60 | €1,226,522 | €1,495,336 | +€268,814 | +21.9% |
| Purchases | 600/8 | €1,226,522 | €1,495,336 | +€268,814 | +21.9% |
| Services and other goods | 61 | €9,340,094 | €11,094,120 | +€1.8m | +18.8% |
| Remuneration, social security and pensions | 62 | €5,133,603 | €5,925,812 | +€792,209 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,477,779 | €1,960,318 | +€482,539 | +32.7% |
| Other operating charges | 640/8 | €75,753 | €225,744 | +€149,991 | +198.0% |
| Non-recurring operating charges | 66A | €426 | €115 | -€311 | -73.0% |
| Operating profit (loss) | 9901 | €10,018,527 | €8,274,350 | -€1.7m | -17.4% |
| Financial income | 75/76B | €184,128 | €347,005 | +€162,877 | +88.5% |
| Recurring financial income | 75 | €184,128 | €342,465 | +€158,337 | +86.0% |
| Income from financial fixed assets | 750 | €165,353 | €342,373 | +€177,020 | +107.1% |
| Income from current assets | 751 | €18,045 | €0 | -€18,045 | -100.0% |
| Other financial income | 752/9 | €730 | €92 | -€638 | -87.4% |
| Non-recurring financial income | 76B | - | €4,540 | +€4,540 | |
| Financial charges | 65/66B | €57,291 | €338,937 | +€281,646 | +491.6% |
| Recurring financial charges | 65 | €57,291 | €73,324 | +€16,033 | +28.0% |
| Debt charges | 650 | €26,341 | €34,575 | +€8,234 | +31.3% |
| Other financial charges | 652/9 | €30,950 | €38,749 | +€7,799 | +25.2% |
| Non-recurring financial charges | 66B | - | €265,613 | +€265,613 | |
| Profit (loss) for the period before taxes | 9903 | €10,145,364 | €8,282,418 | -€1.9m | -18.4% |
| Income taxes | 67/77 | €958,463 | €791,074 | -€167,389 | -17.5% |
| Taxes | 670/3 | €958,463 | €791,074 | -€167,389 | -17.5% |
| Profit (loss) for the period | 9904 | €9,186,901 | €7,491,344 | -€1.7m | -18.5% |
| Transfer from tax-exempt reserves | 789 | €1,263,000 | - | -€1.3m | |
| Transfer to tax-exempt reserves | 689 | €999,875 | €999,875 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,450,026 | €6,491,469 | -€3.0m | -31.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.