MONKAI: 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.
MONKAI
Largest movements
- Receivables within one year +€31,392
up €31,392 (+31.4%), from €100,056 to €131,448
of which Other amounts receivable: +€31,644
- Cash +€13,134
up €13,134 (+86.9%), from €15,110 to €28,244
mainly Other debts (+€143,261) and Net result for the year (+€47,144)
- Other debts +€143,261
up €143,261 (+16677.6%), from €859 to €144,120
- Profit (loss) carried forward -€96,975
no longer reported in 2025 (was €96,975)
- Tax, wage and social debts -€2,338
down €2,338 (-12.8%), from €18,219 to €15,881
- Gross operating margin +€11,051
up €11,051 (+25.1%), from €44,077 to €55,128
- Taxes +€2,645
up €2,645 (+27.2%), from €9,726 to €12,371
- Financial income +€1,582
up €1,582 (+38.4%), from €4,116 to €5,698
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 | €116,553 | €160,524 | +€43,971 | +37.7% |
| Fixed assets | 21/28 | €1,387 | €831 | -€556 | -40.1% |
| Tangible fixed assets | 22/27 | €1,387 | €831 | -€556 | -40.1% |
| Furniture and vehicles | 24 | €1,387 | €831 | -€556 | -40.1% |
| Current assets | 29/58 | €115,166 | €159,693 | +€44,526 | +38.7% |
| Amounts receivable within one year | 40/41 | €100,056 | €131,448 | +€31,392 | +31.4% |
| Trade receivables | 40 | €9,557 | €9,305 | -€252 | -2.6% |
| Other amounts receivable | 41 | €90,499 | €122,144 | +€31,644 | +35.0% |
| Cash at bank and in hand | 54/58 | €15,110 | €28,244 | +€13,134 | +86.9% |
| Total equity and liabilities | 10/49 | €116,553 | €160,524 | +€43,971 | +37.7% |
| Equity | 10/15 | €97,475 | €500 | -€96,975 | -99.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,975 | - | -€96,975 | |
| Amounts payable | 17/49 | €19,078 | €160,024 | +€140,946 | +738.8% |
| Amounts payable within one year | 42/48 | €19,078 | €160,024 | +€140,946 | +738.8% |
| Trade debts | 44 | - | €24 | +€24 | |
| Suppliers | 440/4 | - | €24 | +€24 | |
| Taxes, remuneration and social security | 45 | €18,219 | €15,881 | -€2,338 | -12.8% |
| Taxes | 450/3 | €18,219 | €15,881 | -€2,338 | -12.8% |
| Other amounts payable | 47/48 | €859 | €144,120 | +€143,261 | +16677.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,480 | €1,233 | -€247 | -16.7% |
| Other operating charges | 640/8 | €66 | - | -€66 | |
| Gross operating margin | 9900 | €44,077 | €55,128 | +€11,051 | +25.1% |
| Operating profit (loss) | 9901 | €42,531 | €53,895 | +€11,364 | +26.7% |
| Financial income | 75/76B | €4,116 | €5,698 | +€1,582 | +38.4% |
| Recurring financial income | 75 | €4,116 | €5,698 | +€1,582 | +38.4% |
| Financial charges | 65/66B | €72 | €78 | +€6 | +8.8% |
| Recurring financial charges | 65 | €72 | €78 | +€6 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €46,576 | €59,515 | +€12,940 | +27.8% |
| Income taxes | 67/77 | €9,726 | €12,371 | +€2,645 | +27.2% |
| Profit (loss) for the period | 9904 | €36,850 | €47,144 | +€10,294 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,850 | €47,144 | +€10,294 | +27.9% |
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 8 October 2026 via checked.be.