MONSEUR EQUIPMENT: what changed
What changed
MONSEUR EQUIPMENT
NACE 46.649, Wholesale of other machinery and equipment
filed annual accounts (NBB)
Net result for the year
€130,885
2024 · €31,065+€99,820
Equity
€782,341
2024 · €706,456+€75,885
Cash
€244,215
2024 · €257,424-€13,209
Balance sheet total
€1.5m
2024 · €1.4m+€27,118
Largest movements
Assets
- Receivables within one year +€110,905
up €110,905 (+64.9%), from €170,897 to €281,802
of which Trade receivables: +€111,216
- Stocks and contracts -€63,732
down €63,732 (-64.0%), from €99,602 to €35,870
Equity and liabilities
- Reserves +€75,880
up €75,880 (+15.0%), from €504,340 to €580,220
of which Distributable reserves: +€75,880
- Debts after one year -€51,117
down €51,117 (-12.4%), from €410,875 to €359,757
- Other debts +€32,589
up €32,589 (+99.3%), from €32,820 to €65,410
- Trade debts -€26,479
down €26,479 (-17.7%), from €149,935 to €123,456
Income statement
- Gross operating margin +€176,780
up €176,780 (+107%), from €164,776 to €341,556
- Taxes +€48,621
up €48,621 (+327%), from €14,867 to €63,488
- Staff costs +€32,388
new in 2025: €32,388
- Financial income +€10,319
up €10,319 (+1,033%), from €999 to €11,318
of which Non-recurring financial income: +€9,858
- Depreciation +€3,929
up €3,929 (+3.8%), from €103,486 to €107,415
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
€31,065
Gross operating margin
+€176,780
Staff costs
-€32,388
Depreciation
-€3,929
Other operating charges
-€1,460
Other operating items
-€47
Financial income
+€10,319
Financial charges
-€834
Taxes
-€48,621
Result 2025
€130,885
raises the resultlowers the resultnot broken down further in the accounts
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
+€206,976
Investment
-€100,569
Financing
-€119,616
Cash 2024
€257,424
From operations (derived)
+€206,976
Net result for the year
+€130,885
Depreciation
+€107,415
Stocks and contracts
+€63,732
Receivables within one year
-€110,905
Trade debts
-€26,479
Tax, wage and social debts
+€9,739
Other debts
+€32,589
Investment (derived)
-€100,569
Investment in fixed assets (net)
-€100,569
Financing
-€119,616
Debts after one year
-€51,117
Current portion of long-term debt
-€13,499
Contributions, distributions and other
-€55,000
Cash 2025
€244,215
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,429,927 | €1,457,045 | +€27,118 | +1.9% |
| Fixed assets | 21/28 | €902,003 | €895,158 | -€6,846 | -0.8% |
| Tangible fixed assets | 22/27 | €902,003 | €895,158 | -€6,846 | -0.8% |
| Land and buildings | 22 | €744,958 | €710,166 | -€34,792 | -4.7% |
| Plant, machinery and equipment | 23 | €9,725 | €9,514 | -€210 | -2.2% |
| Furniture and vehicles | 24 | €147,321 | €175,477 | +€28,156 | +19.1% |
| Current assets | 29/58 | €527,923 | €561,887 | +€33,964 | +6.4% |
| Stocks and contracts in progress | 3 | €99,602 | €35,870 | -€63,732 | -64.0% |
| Stocks | 30/36 | €99,602 | €35,870 | -€63,732 | -64.0% |
| Amounts receivable within one year | 40/41 | €170,897 | €281,802 | +€110,905 | +64.9% |
| Trade receivables | 40 | €170,387 | €281,603 | +€111,216 | +65.3% |
| Other amounts receivable | 41 | €510 | €199 | -€311 | -61.0% |
| Cash at bank and in hand | 54/58 | €257,424 | €244,215 | -€13,209 | -5.1% |
| Total equity and liabilities | 10/49 | €1,429,927 | €1,457,045 | +€27,118 | +1.9% |
| Equity | 10/15 | €706,456 | €782,341 | +€75,885 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €504,340 | €580,220 | +€75,880 | +15.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €503,720 | €579,600 | +€75,880 | +15.1% |
| Profit (loss) carried forward | 14 | €195,916 | €195,921 | +€5 | 0.0% |
| Amounts payable | 17/49 | €723,471 | €674,704 | -€48,766 | -6.7% |
| Amounts payable after more than one year | 17 | €410,875 | €359,757 | -€51,117 | -12.4% |
| Financial debts | 170/4 | €410,875 | €359,757 | -€51,117 | -12.4% |
| Amounts payable within one year | 42/48 | €312,596 | €314,947 | +€2,351 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €66,442 | €52,942 | -€13,499 | -20.3% |
| Trade debts | 44 | €149,935 | €123,456 | -€26,479 | -17.7% |
| Suppliers | 440/4 | €149,935 | €123,456 | -€26,479 | -17.7% |
| Taxes, remuneration and social security | 45 | €63,399 | €73,138 | +€9,739 | +15.4% |
| Taxes | 450/3 | €63,399 | €70,486 | +€7,087 | +11.2% |
| Remuneration and social security | 454/9 | - | €2,653 | +€2,653 | |
| Other amounts payable | 47/48 | €32,820 | €65,410 | +€32,589 | +99.3% |
| Remuneration, social security and pensions | 62 | - | €32,388 | +€32,388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,486 | €107,415 | +€3,929 | +3.8% |
| Other operating charges | 640/8 | €5,206 | €6,666 | +€1,460 | +28.1% |
| Non-recurring operating charges | 66A | €2 | €49 | +€47 | +2,148% |
| Gross operating margin | 9900 | €164,776 | €341,556 | +€176,780 | +107% |
| Operating profit (loss) | 9901 | €56,082 | €195,038 | +€138,956 | +248% |
| Financial income | 75/76B | €999 | €11,318 | +€10,319 | +1,033% |
| Recurring financial income | 75 | €20 | €481 | +€460 | +2,267% |
| Non-recurring financial income | 76B | €979 | €10,838 | +€9,858 | +1,007% |
| Financial charges | 65/66B | €11,149 | €11,983 | +€834 | +7.5% |
| Recurring financial charges | 65 | €11,149 | €11,983 | +€834 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €45,932 | €194,373 | +€148,440 | +323% |
| Income taxes | 67/77 | €14,867 | €63,488 | +€48,621 | +327% |
| Profit (loss) for the period | 9904 | €31,065 | €130,885 | +€99,820 | +321% |
| Profit (loss) for the period to be appropriated | 9905 | €31,065 | €130,885 | +€99,820 | +321% |
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 6 November 2026 via checked.be.