MONKA: 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.
MONKA
Largest movements
- Tangible fixed assets +€394,028
up €394,028 (+9264.6%), from €4,253 to €398,281
of which Land and buildings: +€395,018
- Cash -€15,786
down €15,786 (-17.9%), from €88,345 to €72,558
mainly Investment in fixed assets (net) (-€415,282) and Tax, wage and social debts (-€35,645)
- Receivables within one year +€9,880
up €9,880 (+10.9%), from €90,405 to €100,286
of which Other amounts receivable: +€81,620
- Debts after one year +€356,324
new in 2025: €356,324
- Reserves +€183,107
new in 2025: €183,107
- Profit (loss) carried forward -€138,948
no longer reported in 2025 (was €138,948)
- Tax, wage and social debts -€35,645
down €35,645 (-92.8%), from €38,422 to €2,777
- Current portion of long-term debt +€23,641
new in 2025: €23,641
- Gross operating margin -€40,383
down €40,383 (-29.6%), from €136,652 to €96,269
- Depreciation +€20,704
up €20,704 (+3765.3%), from €550 to €21,254
- Taxes -€18,215
down €18,215 (-60.5%), from €30,105 to €11,890
- Financial charges +€13,836
up €13,836 (+1847.9%), from €749 to €14,585
- Other operating charges +€4,381
new in 2025: €4,381
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 | €183,003 | €571,130 | +€388,127 | +212.1% |
| Fixed assets | 21/28 | €4,253 | €398,281 | +€394,028 | +9264.6% |
| Tangible fixed assets | 22/27 | €4,253 | €398,281 | +€394,028 | +9264.6% |
| Land and buildings | 22 | - | €395,018 | +€395,018 | |
| Plant, machinery and equipment | 23 | €822 | €322 | -€500 | -60.8% |
| Furniture and vehicles | 24 | €3,431 | €2,941 | -€490 | -14.3% |
| Current assets | 29/58 | €178,750 | €172,849 | -€5,901 | -3.3% |
| Amounts receivable within one year | 40/41 | €90,405 | €100,286 | +€9,880 | +10.9% |
| Trade receivables | 40 | €88,377 | €16,638 | -€71,739 | -81.2% |
| Other amounts receivable | 41 | €2,028 | €83,648 | +€81,620 | +4023.9% |
| Cash at bank and in hand | 54/58 | €88,345 | €72,558 | -€15,786 | -17.9% |
| Deferred charges and accrued income | 490/1 | - | €5 | +€5 | |
| Total equity and liabilities | 10/49 | €183,003 | €571,130 | +€388,127 | +212.1% |
| Equity | 10/15 | €140,948 | €185,107 | +€44,159 | +31.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €183,107 | +€183,107 | |
| Distributable reserves | 133 | - | €183,107 | +€183,107 | |
| Profit (loss) carried forward | 14 | €138,948 | - | -€138,948 | |
| Amounts payable | 17/49 | €42,055 | €386,023 | +€343,968 | +817.9% |
| Amounts payable after more than one year | 17 | - | €356,324 | +€356,324 | |
| Financial debts | 170/4 | - | €356,324 | +€356,324 | |
| Amounts payable within one year | 42/48 | €42,055 | €29,698 | -€12,356 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | - | €23,641 | +€23,641 | |
| Trade debts | 44 | €3,633 | €2,780 | -€853 | -23.5% |
| Suppliers | 440/4 | €3,633 | €2,780 | -€853 | -23.5% |
| Taxes, remuneration and social security | 45 | €38,422 | €2,777 | -€35,645 | -92.8% |
| Taxes | 450/3 | €38,422 | €2,777 | -€35,645 | -92.8% |
| Other amounts payable | 47/48 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €21,254 | +€20,704 | +3765.3% |
| Other operating charges | 640/8 | - | €4,381 | +€4,381 | |
| Gross operating margin | 9900 | €136,652 | €96,269 | -€40,383 | -29.6% |
| Operating profit (loss) | 9901 | €136,102 | €70,634 | -€65,469 | -48.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €749 | €14,585 | +€13,836 | +1847.9% |
| Recurring financial charges | 65 | €749 | €14,585 | +€13,836 | +1847.9% |
| Profit (loss) for the period before taxes | 9903 | €135,353 | €56,049 | -€79,305 | -58.6% |
| Income taxes | 67/77 | €30,105 | €11,890 | -€18,215 | -60.5% |
| Profit (loss) for the period | 9904 | €105,248 | €44,159 | -€61,089 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €105,248 | €44,159 | -€61,089 | -58.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.