MONROSE: 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.
MONROSE
Largest movements
- Cash -€184,791
down €184,791 (-84.2%), from €219,512 to €34,721
mainly Other debts (-€159,199) and Contributions, distributions and other (-€18,925)
- Other debts -€159,199
down €159,199 (-84.8%), from €187,714 to €28,515
- Profit (loss) carried forward -€23,986
no longer reported in 2025 (was €23,986)
- Gross operating margin +€844
up €844 (+17.3%), from -€4,868 to -€4,024
- Depreciation -€413
no longer reported in 2025 (was €413)
- Financial charges +€89
up €89 (+9.3%), from €948 to €1,037
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 | €321,700 | €139,230 | -€182,470 | -56.7% |
| Fixed assets | 21/28 | €100,000 | €100,000 | = | 0.0% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €221,700 | €39,230 | -€182,470 | -82.3% |
| Amounts receivable within one year | 40/41 | €2,187 | €4,463 | +€2,276 | +104.0% |
| Trade receivables | 40 | - | €1,748 | +€1,748 | |
| Other amounts receivable | 41 | €2,187 | €2,715 | +€528 | +24.1% |
| Cash at bank and in hand | 54/58 | €219,512 | €34,721 | -€184,791 | -84.2% |
| Deferred charges and accrued income | 490/1 | - | €46 | +€46 | |
| Total equity and liabilities | 10/49 | €321,700 | €139,230 | -€182,470 | -56.7% |
| Equity | 10/15 | €133,986 | €110,000 | -€23,986 | -17.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,986 | - | -€23,986 | |
| Amounts payable | 17/49 | €187,714 | €29,230 | -€158,484 | -84.4% |
| Amounts payable within one year | 42/48 | €187,714 | €29,230 | -€158,484 | -84.4% |
| Trade debts | 44 | - | €715 | +€715 | |
| Suppliers | 440/4 | - | €715 | +€715 | |
| Other amounts payable | 47/48 | €187,714 | €28,515 | -€159,199 | -84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | - | -€413 | |
| Gross operating margin | 9900 | -€4,868 | -€4,024 | +€844 | +17.3% |
| Operating profit (loss) | 9901 | -€5,281 | -€4,024 | +€1,257 | +23.8% |
| Financial charges | 65/66B | €948 | €1,037 | +€89 | +9.3% |
| Recurring financial charges | 65 | €948 | €1,037 | +€89 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,229 | -€5,061 | +€1,168 | +18.8% |
| Profit (loss) for the period | 9904 | -€6,229 | -€5,061 | +€1,168 | +18.8% |
| Transfer from tax-exempt reserves | 789 | €1,239 | - | -€1,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,990 | -€5,061 | -€71 | -1.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.