MONOPOLE: 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.
MONOPOLE
Largest movements
- Financial fixed assets +€197,600
up €197,600 (+15.7%), from €1.3m to €1.5m
- Debts after one year +€122,600
up €122,600 (+20.3%), from €603,750 to €726,350
- Reserves +€59,277
up €59,277 (+10.4%), from €568,510 to €627,787
- Tax, wage and social debts +€21,459
up €21,459 (+474%), from €4,525 to €25,984
- Short-term financial debts -€21,000
no longer reported in 2025 (was €21,000)
- Taxes +€3,292
up €3,292 (+16.6%), from €19,877 to €23,169
- Financial charges -€2,207
down €2,207 (-25.5%), from €8,669 to €6,463
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 | €1,311,215 | €1,493,549 | +€182,334 | +13.9% |
| Fixed assets | 21/28 | €1,260,400 | €1,458,000 | +€197,600 | +15.7% |
| Financial fixed assets | 28 | €1,260,400 | €1,458,000 | +€197,600 | +15.7% |
| Current assets | 29/58 | €50,815 | €35,549 | -€15,266 | -30.0% |
| Amounts receivable within one year | 40/41 | €43,336 | €29,951 | -€13,384 | -30.9% |
| Trade receivables | 40 | €33,880 | €10,000 | -€23,880 | -70.5% |
| Other amounts receivable | 41 | €9,456 | €19,951 | +€10,496 | +111% |
| Cash at bank and in hand | 54/58 | €7,479 | €5,597 | -€1,882 | -25.2% |
| Total equity and liabilities | 10/49 | €1,311,215 | €1,493,549 | +€182,334 | +13.9% |
| Equity | 10/15 | €588,510 | €647,787 | +€59,277 | +10.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €568,510 | €627,787 | +€59,277 | +10.4% |
| Distributable reserves | 133 | €568,510 | €627,787 | +€59,277 | +10.4% |
| Amounts payable | 17/49 | €722,705 | €845,762 | +€123,057 | +17.0% |
| Amounts payable after more than one year | 17 | €603,750 | €726,350 | +€122,600 | +20.3% |
| Financial debts | 170/4 | €603,750 | €726,350 | +€122,600 | +20.3% |
| Amounts payable within one year | 42/48 | €118,955 | €119,412 | +€457 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 43 | €21,000 | - | -€21,000 | |
| Credit institutions | 430/8 | €21,000 | - | -€21,000 | |
| Trade debts | 44 | €1,065 | €1,213 | +€148 | +13.9% |
| Suppliers | 440/4 | €1,065 | €1,213 | +€148 | +13.9% |
| Taxes, remuneration and social security | 45 | €4,525 | €25,984 | +€21,459 | +474% |
| Taxes | 450/3 | €4,525 | €25,984 | +€21,459 | +474% |
| Other amounts payable | 47/48 | €17,365 | €17,215 | -€150 | -0.9% |
| Other operating charges | 640/8 | €1,695 | €1,560 | -€135 | -7.9% |
| Gross operating margin | 9900 | €89,959 | €90,468 | +€508 | +0.6% |
| Operating profit (loss) | 9901 | €88,265 | €88,908 | +€643 | +0.7% |
| Financial income | 75/76B | €37 | €1 | -€36 | -97.6% |
| Recurring financial income | 75 | €37 | €1 | -€36 | -97.6% |
| Financial charges | 65/66B | €8,669 | €6,463 | -€2,207 | -25.5% |
| Recurring financial charges | 65 | €8,669 | €6,463 | -€2,207 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €79,632 | €82,446 | +€2,814 | +3.5% |
| Income taxes | 67/77 | €19,877 | €23,169 | +€3,292 | +16.6% |
| Profit (loss) for the period | 9904 | €59,755 | €59,277 | -€478 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,755 | €59,277 | -€478 | -0.8% |
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 16 October 2026 via checked.be.