MONOBAT: 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.
MONOBAT
Largest movements
- Tangible fixed assets -€23,419
down €23,419 (-6.5%), from €358,165 to €334,746
of which Land and buildings: -€13,498
- Receivables within one year -€5,538
down €5,538 (-4.5%), from €124,187 to €118,649
of which Other amounts receivable: -€4,893
- Debts after one year -€10,736
down €10,736 (-6.2%), from €174,388 to €163,652
- Trade debts -€9,633
down €9,633 (-29.8%), from €32,323 to €22,690
- Short-term financial debts -€6,064
down €6,064 (-100%), from €6,064 to €0
- Gross operating margin -€2,911
down €2,911 (-6.3%), from €45,923 to €43,012
- Depreciation -€861
down €861 (-3.5%), from €24,279 to €23,419
- Financial charges -€682
down €682 (-7.0%), from €9,717 to €9,035
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.
Derived cash bridge
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 | €484,281 | €460,482 | -€23,799 | -4.9% |
| Fixed assets | 21/28 | €359,697 | €336,278 | -€23,419 | -6.5% |
| Tangible fixed assets | 22/27 | €358,165 | €334,746 | -€23,419 | -6.5% |
| Land and buildings | 22 | €225,606 | €212,107 | -€13,498 | -6.0% |
| Plant, machinery and equipment | 23 | €132,445 | €122,639 | -€9,807 | -7.4% |
| Furniture and vehicles | 24 | €114 | - | -€114 | |
| Financial fixed assets | 28 | €1,532 | €1,532 | = | 0.0% |
| Current assets | 29/58 | €124,585 | €124,204 | -€380 | -0.3% |
| Amounts receivable within one year | 40/41 | €124,187 | €118,649 | -€5,538 | -4.5% |
| Trade receivables | 40 | €42,293 | €41,648 | -€645 | -1.5% |
| Other amounts receivable | 41 | €81,894 | €77,001 | -€4,893 | -6.0% |
| Cash at bank and in hand | 54/58 | €264 | €5,095 | +€4,832 | +1,833% |
| Deferred charges and accrued income | 490/1 | €134 | €460 | +€326 | +243% |
| Total equity and liabilities | 10/49 | €484,281 | €460,482 | -€23,799 | -4.9% |
| Equity | 10/15 | €122,753 | €121,830 | -€923 | -0.8% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €48,083 | €48,083 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,573 | €4,573 | = | 0.0% |
| Distributable reserves | 133 | €43,510 | €43,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,219 | €53,296 | -€923 | -1.7% |
| Provisions and deferred taxes | 16 | €71,570 | €72,770 | +€1,200 | +1.7% |
| Provisions for liabilities and charges | 160/5 | €71,570 | €72,770 | +€1,200 | +1.7% |
| Other liabilities and charges | 164/5 | €71,570 | €72,770 | +€1,200 | +1.7% |
| Amounts payable | 17/49 | €289,959 | €265,882 | -€24,076 | -8.3% |
| Amounts payable after more than one year | 17 | €174,388 | €163,652 | -€10,736 | -6.2% |
| Financial debts | 170/4 | €174,388 | €163,652 | -€10,736 | -6.2% |
| Amounts payable within one year | 42/48 | €115,571 | €102,230 | -€13,340 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €11,932 | €10,736 | -€1,196 | -10.0% |
| Financial debts | 43 | €6,064 | €0 | -€6,064 | -100% |
| Credit institutions | 430/8 | €6,064 | €0 | -€6,064 | -100% |
| Trade debts | 44 | €32,323 | €22,690 | -€9,633 | -29.8% |
| Suppliers | 440/4 | €32,323 | €22,690 | -€9,633 | -29.8% |
| Taxes, remuneration and social security | 45 | €89 | €528 | +€439 | +492% |
| Taxes | 450/3 | €89 | €528 | +€439 | +492% |
| Other amounts payable | 47/48 | €65,162 | €68,276 | +€3,114 | +4.8% |
| Non-recurring operating income | 76A | €2,371 | - | -€2,371 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,279 | €23,419 | -€861 | -3.5% |
| Other operating charges | 640/8 | €11,606 | €11,562 | -€45 | -0.4% |
| Gross operating margin | 9900 | €45,923 | €43,012 | -€2,911 | -6.3% |
| Operating profit (loss) | 9901 | €10,038 | €8,032 | -€2,006 | -20.0% |
| Financial charges | 65/66B | €9,717 | €9,035 | -€682 | -7.0% |
| Recurring financial charges | 65 | €9,717 | €9,035 | -€682 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €321 | -€1,003 | -€1,323 | |
| Income taxes | 67/77 | -€1 | -€80 | -€79 | -6,112% |
| Profit (loss) for the period | 9904 | €322 | -€923 | -€1,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €322 | -€923 | -€1,244 |
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 14 October 2026 via checked.be.