MONO: 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.
MONO
Largest movements
- Receivables within one year +€83,952
up €83,952 (+65.1%), from €128,946 to €212,898
of which Other amounts receivable: +€82,320
- Tangible fixed assets +€47,834
up €47,834 (+1714.5%), from €2,790 to €50,624
of which Other tangible fixed assets: +€47,586
- Cash +€15,391
up €15,391 (+410.5%), from €3,749 to €19,140
mainly Short-term financial debts (+€74,302) and Debts after one year (+€55,753)
- Deferred charges and accrued income +€4,855
new in 2024: €4,855
- Short-term financial debts +€74,302
new in 2024: €74,302
- Debts after one year +€55,753
new in 2024: €55,753
- Reserves +€22,678
up €22,678 (+20.4%), from €111,410 to €134,088
- Tax, wage and social debts -€16,892
down €16,892 (-43.7%), from €38,647 to €21,755
- Current portion of long-term debt +€16,214
new in 2024: €16,214
- Depreciation +€11,410
up €11,410 (+984.5%), from €1,159 to €12,569
- Financial charges +€10,220
up €10,220 (+1053.6%), from €970 to €11,190
- Gross operating margin -€10,039
down €10,039 (-16.3%), from €61,749 to €51,710
- Financial income +€8,249
up €8,249 (+824900.0%), from €1 to €8,250
- Taxes -€3,296
down €3,296 (-21.5%), from €15,311 to €12,015
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,285 | €306,317 | +€152,032 | +98.5% |
| Fixed assets | 21/28 | €21,590 | €69,424 | +€47,834 | +221.6% |
| Tangible fixed assets | 22/27 | €2,790 | €50,624 | +€47,834 | +1714.5% |
| Furniture and vehicles | 24 | €2,790 | €3,038 | +€248 | +8.9% |
| Other tangible fixed assets | 26 | - | €47,586 | +€47,586 | |
| Financial fixed assets | 28 | €18,800 | €18,800 | = | 0.0% |
| Current assets | 29/58 | €132,695 | €236,893 | +€104,198 | +78.5% |
| Amounts receivable within one year | 40/41 | €128,946 | €212,898 | +€83,952 | +65.1% |
| Trade receivables | 40 | €14,541 | €16,173 | +€1,632 | +11.2% |
| Other amounts receivable | 41 | €114,405 | €196,725 | +€82,320 | +72.0% |
| Cash at bank and in hand | 54/58 | €3,749 | €19,140 | +€15,391 | +410.5% |
| Deferred charges and accrued income | 490/1 | - | €4,855 | +€4,855 | |
| Total equity and liabilities | 10/49 | €154,285 | €306,317 | +€152,032 | +98.5% |
| Equity | 10/15 | €112,410 | €135,088 | +€22,678 | +20.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €111,410 | €134,088 | +€22,678 | +20.4% |
| Distributable reserves | 133 | €111,410 | €134,088 | +€22,678 | +20.4% |
| Amounts payable | 17/49 | €41,875 | €171,229 | +€129,354 | +308.9% |
| Amounts payable after more than one year | 17 | - | €55,753 | +€55,753 | |
| Financial debts | 170/4 | - | €55,753 | +€55,753 | |
| Amounts payable within one year | 42/48 | €41,875 | €115,476 | +€73,601 | +175.8% |
| Current portion of amounts payable after more than one year | 42 | - | €16,214 | +€16,214 | |
| Financial debts | 43 | - | €74,302 | +€74,302 | |
| Other loans | 439 | - | €74,302 | +€74,302 | |
| Trade debts | 44 | €2,562 | €897 | -€1,665 | -65.0% |
| Suppliers | 440/4 | €2,562 | €897 | -€1,665 | -65.0% |
| Taxes, remuneration and social security | 45 | €38,647 | €21,755 | -€16,892 | -43.7% |
| Taxes | 450/3 | €38,647 | €21,755 | -€16,892 | -43.7% |
| Other amounts payable | 47/48 | €666 | €2,308 | +€1,642 | +246.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,159 | €12,569 | +€11,410 | +984.5% |
| Other operating charges | 640/8 | €1,270 | €1,508 | +€238 | +18.7% |
| Gross operating margin | 9900 | €61,749 | €51,710 | -€10,039 | -16.3% |
| Operating profit (loss) | 9901 | €59,320 | €37,633 | -€21,687 | -36.6% |
| Financial income | 75/76B | €1 | €8,250 | +€8,249 | +824900.0% |
| Recurring financial income | 75 | €1 | €8,250 | +€8,249 | +824900.0% |
| Financial charges | 65/66B | €970 | €11,190 | +€10,220 | +1053.6% |
| Recurring financial charges | 65 | €970 | €11,190 | +€10,220 | +1053.6% |
| Profit (loss) for the period before taxes | 9903 | €58,351 | €34,693 | -€23,658 | -40.5% |
| Income taxes | 67/77 | €15,311 | €12,015 | -€3,296 | -21.5% |
| Profit (loss) for the period | 9904 | €43,040 | €22,678 | -€20,362 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,040 | €22,678 | -€20,362 | -47.3% |
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 7 October 2026 via checked.be.