MONSERA: what changed
What changed
MONSERA
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€13,523
2024 · -€12+€13,536
Equity
€3.1m
2024 · €3.1m+€3,523
Cash
€946,849
2024 · €251,980+€694,868
Balance sheet total
€3.1m
2024 · €3.1m-€6,671
Largest movements
Assets
- Cash +€694,868
up €694,868 (+276%), from €251,980 to €946,849
mainly Stocks and contracts (+€665,591) and Depreciation (+€20,943)
- Stocks and contracts -€665,591
down €665,591 (-30.0%), from €2.2m to €1.5m
of which Stocks: -€665,591
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€16,022
up €16,022 (+40.1%), from €39,985 to €56,008
- Taxes +€4,001
up €4,001 (+195%), from €2,048 to €6,049
- Other operating charges -€1,102
down €1,102 (-17.3%), from €6,365 to €5,263
- Financial charges -€684
down €684 (-70.4%), from €971 to €287
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€12
Gross operating margin
+€16,022
Staff costs
+€192
Depreciation
-€6
Other operating charges
+€1,102
Financial income
-€458
Financial charges
+€684
Taxes
-€4,001
Result 2025
€13,523
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€707,848
Investment
€0
Financing
-€12,980
Cash 2024
€251,980
From operations (derived)
+€707,848
Net result for the year
+€13,523
Depreciation
+€20,943
Stocks and contracts
+€665,591
Receivables within one year
+€14,492
Smaller working-capital items
+€1,557
Tax, wage and social debts
-€8,260
Financing
-€12,980
Current portion of long-term debt
-€2,980
Contributions, distributions and other
-€10,000
Cash 2025
€946,849
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,143,056 | €3,136,385 | -€6,671 | -0.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €380,052 | €359,109 | -€20,943 | -5.5% |
| Tangible fixed assets | 22/27 | €379,549 | €358,606 | -€20,943 | -5.5% |
| Land and buildings | 22 | €67,529 | €65,348 | -€2,181 | -3.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €42,735 | €23,973 | -€18,762 | -43.9% |
| Other tangible fixed assets | 26 | €269,285 | €269,285 | = | 0.0% |
| Financial fixed assets | 28 | €503 | €503 | = | 0.0% |
| Current assets | 29/58 | €2,763,004 | €2,777,276 | +€14,272 | +0.5% |
| Stocks and contracts in progress | 3 | €2,215,046 | €1,549,455 | -€665,591 | -30.0% |
| Stocks | 30/36 | €2,185,046 | €1,519,455 | -€665,591 | -30.5% |
| Contracts in progress | 37 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €292,535 | €278,043 | -€14,492 | -5.0% |
| Trade receivables | 40 | €8,904 | €8,130 | -€774 | -8.7% |
| Other amounts receivable | 41 | €283,631 | €269,913 | -€13,718 | -4.8% |
| Cash at bank and in hand | 54/58 | €251,980 | €946,849 | +€694,868 | +276% |
| Deferred charges and accrued income | 490/1 | €3,443 | €2,930 | -€513 | -14.9% |
| Total equity and liabilities | 10/49 | €3,143,056 | €3,136,385 | -€6,671 | -0.2% |
| Equity | 10/15 | €3,098,573 | €3,102,096 | +€3,523 | +0.1% |
| Contributions | 10/11 | €69,534 | €69,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,029,039 | €3,032,562 | +€3,523 | +0.1% |
| Amounts payable | 17/49 | €44,483 | €34,289 | -€10,195 | -22.9% |
| Amounts payable within one year | 42/48 | €44,483 | €34,289 | -€10,195 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €2,980 | - | -€2,980 | |
| Trade debts | 44 | €16,151 | €17,482 | +€1,330 | +8.2% |
| Suppliers | 440/4 | €16,151 | €17,482 | +€1,330 | +8.2% |
| Taxes, remuneration and social security | 45 | €15,067 | €6,807 | -€8,260 | -54.8% |
| Taxes | 450/3 | €14,018 | €6,049 | -€7,970 | -56.9% |
| Remuneration and social security | 454/9 | €1,048 | €758 | -€290 | -27.7% |
| Other amounts payable | 47/48 | €10,286 | €10,000 | -€286 | -2.8% |
| Remuneration, social security and pensions | 62 | €10,147 | €9,955 | -€192 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,937 | €20,943 | +€6 | 0.0% |
| Other operating charges | 640/8 | €6,365 | €5,263 | -€1,102 | -17.3% |
| Gross operating margin | 9900 | €39,985 | €56,008 | +€16,022 | +40.1% |
| Operating profit (loss) | 9901 | €2,536 | €19,846 | +€17,310 | +683% |
| Financial income | 75/76B | €471 | €13 | -€458 | -97.2% |
| Recurring financial income | 75 | €471 | €13 | -€458 | -97.2% |
| Financial charges | 65/66B | €971 | €287 | -€684 | -70.4% |
| Recurring financial charges | 65 | €971 | €287 | -€684 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | €2,036 | €19,572 | +€17,536 | +861% |
| Income taxes | 67/77 | €2,048 | €6,049 | +€4,001 | +195% |
| Profit (loss) for the period | 9904 | -€12 | €13,523 | +€13,536 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12 | €13,523 | +€13,536 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.