MONNOYER Gyn-Echo: 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.
MONNOYER Gyn-Echo
Largest movements
- Cash +€44,091
up €44,091 (+36.5%), from €120,899 to €164,991
mainly Net result for the year (+€119,115) and Depreciation (+€48,816)
- Tangible fixed assets -€43,616
down €43,616 (-8.5%), from €514,590 to €470,975
of which Furniture and vehicles: -€26,272
- Receivables within one year -€18,373
down €18,373 (-28.4%), from €64,613 to €46,240
- Debts after one year -€45,919
down €45,919 (-26.2%), from €175,135 to €129,216
- Other debts +€16,051
up €16,051 (+3.4%), from €465,707 to €481,758
- Trade debts +€14,142
up €14,142 (+2479.3%), from €570 to €14,712
- Gross operating margin +€27,967
up €27,967 (+15.4%), from €182,136 to €210,103
- Taxes +€8,087
up €8,087 (+29.8%), from €27,104 to €35,192
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 | €701,274 | €683,780 | -€17,493 | -2.5% |
| Fixed assets | 21/28 | €514,590 | €470,975 | -€43,616 | -8.5% |
| Tangible fixed assets | 22/27 | €514,590 | €470,975 | -€43,616 | -8.5% |
| Plant, machinery and equipment | 23 | €1,093 | €493 | -€600 | -54.9% |
| Furniture and vehicles | 24 | €75,022 | €48,750 | -€26,272 | -35.0% |
| Other tangible fixed assets | 26 | €438,475 | €421,732 | -€16,744 | -3.8% |
| Current assets | 29/58 | €186,684 | €212,806 | +€26,122 | +14.0% |
| Amounts receivable within one year | 40/41 | €64,613 | €46,240 | -€18,373 | -28.4% |
| Other amounts receivable | 41 | €64,613 | €46,240 | -€18,373 | -28.4% |
| Cash at bank and in hand | 54/58 | €120,899 | €164,991 | +€44,091 | +36.5% |
| Deferred charges and accrued income | 490/1 | €1,172 | €1,575 | +€403 | +34.4% |
| Total equity and liabilities | 10/49 | €701,274 | €683,780 | -€17,493 | -2.5% |
| Equity | 10/15 | €10,975 | €8,090 | -€2,885 | -26.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €2,975 | €90 | -€2,885 | -97.0% |
| Distributable reserves | 133 | €2,975 | €90 | -€2,885 | -97.0% |
| Amounts payable | 17/49 | €690,299 | €675,690 | -€14,609 | -2.1% |
| Amounts payable after more than one year | 17 | €175,135 | €129,216 | -€45,919 | -26.2% |
| Financial debts | 170/4 | €175,135 | €129,216 | -€45,919 | -26.2% |
| Amounts payable within one year | 42/48 | €515,164 | €542,389 | +€27,225 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €48,887 | €45,919 | -€2,967 | -6.1% |
| Trade debts | 44 | €570 | €14,712 | +€14,142 | +2479.3% |
| Suppliers | 440/4 | €570 | €14,712 | +€14,142 | +2479.3% |
| Other amounts payable | 47/48 | €465,707 | €481,758 | +€16,051 | +3.4% |
| Accrued charges and deferred income | 492/3 | - | €4,085 | +€4,085 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,997 | €48,816 | -€182 | -0.4% |
| Other operating charges | 640/8 | €2,781 | €2,299 | -€482 | -17.3% |
| Gross operating margin | 9900 | €182,136 | €210,103 | +€27,967 | +15.4% |
| Operating profit (loss) | 9901 | €130,358 | €158,989 | +€28,631 | +22.0% |
| Financial charges | 65/66B | €5,644 | €4,682 | -€962 | -17.1% |
| Recurring financial charges | 65 | €5,644 | €4,682 | -€962 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €124,714 | €154,307 | +€29,593 | +23.7% |
| Income taxes | 67/77 | €27,104 | €35,192 | +€8,087 | +29.8% |
| Profit (loss) for the period | 9904 | €97,610 | €119,115 | +€21,506 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,610 | €119,115 | +€21,506 | +22.0% |
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 12 October 2026 via checked.be.