Monsheide: 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.
Monsheide
Largest movements
- Current investments +€421,000
up €421,000 (+11.3%), from €3.7m to €4.1m
- Cash +€368,012
up €368,012 (+43.1%), from €854,185 to €1.2m
mainly Net result for the year (+€603,637) and Depreciation (+€312,175)
- Tangible fixed assets -€172,847
down €172,847 (-5.6%), from €3.1m to €2.9m
of which Land and buildings: -€145,544
- Receivables within one year -€139,947
down €139,947 (-38.3%), from €365,215 to €225,268
of which Other amounts receivable: -€124,517
- Reserves +€351,637
up €351,637 (+15.5%), from €2.3m to €2.6m
- Profit (loss) carried forward +€252,000
up €252,000 (+6.8%), from €3.7m to €3.9m
- Debts after one year -€88,484
down €88,484 (-10.6%), from €831,821 to €743,337
- Staff costs +€423,500
up €423,500 (+9.7%), from €4.4m to €4.8m
- Services and other goods +€57,702
up €57,702 (+18.8%), from €306,410 to €364,112
- Other operating income +€22,510
up €22,510 (+9.2%), from €244,955 to €267,465
- Other operating charges -€21,555
down €21,555 (-35.0%), from €61,646 to €40,091
- Turnover +€18,443
up €18,443 (+2.3%), from €791,927 to €810,370
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 | €8,059,785 | €8,536,334 | +€476,549 | +5.9% |
| Fixed assets | 21/28 | €3,072,205 | €2,899,357 | -€172,847 | -5.6% |
| Tangible fixed assets | 22/27 | €3,072,205 | €2,899,357 | -€172,847 | -5.6% |
| Land and buildings | 22 | €2,338,634 | €2,193,089 | -€145,544 | -6.2% |
| Plant, machinery and equipment | 23 | €121,621 | €103,264 | -€18,357 | -15.1% |
| Furniture and vehicles | 24 | €50,632 | €51,438 | +€806 | +1.6% |
| Leasing and similar rights | 25 | €509,444 | €428,601 | -€80,843 | -15.9% |
| Assets under construction and advance payments | 27 | €51,875 | €122,965 | +€71,091 | +137.0% |
| Current assets | 29/58 | €4,987,580 | €5,636,977 | +€649,397 | +13.0% |
| Amounts receivable within one year | 40/41 | €365,215 | €225,268 | -€139,947 | -38.3% |
| Trade receivables | 40 | €48,194 | €32,764 | -€15,430 | -32.0% |
| Other amounts receivable | 41 | €317,021 | €192,504 | -€124,517 | -39.3% |
| Current investments | 50/53 | €3,710,000 | €4,131,000 | +€421,000 | +11.3% |
| Cash at bank and in hand | 54/58 | €854,185 | €1,222,197 | +€368,012 | +43.1% |
| Deferred charges and accrued income | 490/1 | €58,181 | €58,512 | +€331 | +0.6% |
| Total equity and liabilities | 10/49 | €8,059,785 | €8,536,334 | +€476,549 | +5.9% |
| Equity | 10/15 | €6,180,840 | €6,747,285 | +€566,445 | +9.2% |
| Contributions | 10/11 | €45,895 | €45,895 | = | 0.0% |
| Capital | 10 | €45,895 | €45,895 | = | 0.0% |
| Reserves | 13 | €2,262,464 | €2,614,101 | +€351,637 | +15.5% |
| Profit (loss) carried forward | 14 | €3,687,495 | €3,939,496 | +€252,000 | +6.8% |
| Investment grants | 15 | €184,986 | €147,793 | -€37,192 | -20.1% |
| Amounts payable | 17/49 | €1,878,945 | €1,789,049 | -€89,896 | -4.8% |
| Amounts payable after more than one year | 17 | €831,821 | €743,337 | -€88,484 | -10.6% |
| Financial debts | 170/4 | €831,821 | €743,337 | -€88,484 | -10.6% |
| Credit institutions | 173 | €831,821 | €743,337 | -€88,484 | -10.6% |
| Amounts payable within one year | 42/48 | €1,023,604 | €1,012,344 | -€11,261 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €88,484 | €88,484 | = | 0.0% |
| Trade debts | 44 | €29,015 | €36,616 | +€7,601 | +26.2% |
| Suppliers | 440/4 | €29,015 | €36,616 | +€7,601 | +26.2% |
| Taxes, remuneration and social security | 45 | €842,563 | €875,210 | +€32,646 | +3.9% |
| Taxes | 450/3 | €50,879 | €50,677 | -€202 | -0.4% |
| Remuneration and social security | 454/9 | €791,684 | €824,533 | +€32,849 | +4.1% |
| Accrued charges and deferred income | 492/3 | €23,520 | €33,369 | +€9,849 | +41.9% |
| Operating income | 70/76A | €5,838,281 | €6,359,534 | +€521,253 | +8.9% |
| Turnover | 70 | €791,927 | €810,370 | +€18,443 | +2.3% |
| Other operating income | 74 | €244,955 | €267,465 | +€22,510 | +9.2% |
| Operating charges | 60/66A | €5,368,640 | €5,840,803 | +€472,162 | +8.8% |
| Goods for resale, raw materials and consumables | 60 | €327,593 | €338,199 | +€10,606 | +3.2% |
| Purchases | 600/8 | €327,593 | €338,199 | +€10,606 | +3.2% |
| Services and other goods | 61 | €306,410 | €364,112 | +€57,702 | +18.8% |
| Remuneration, social security and pensions | 62 | €4,362,725 | €4,786,225 | +€423,500 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310,266 | €312,175 | +€1,909 | +0.6% |
| Other operating charges | 640/8 | €61,646 | €40,091 | -€21,555 | -35.0% |
| Operating profit (loss) | 9901 | €469,641 | €518,731 | +€49,091 | +10.5% |
| Financial income | 75/76B | €106,980 | €92,917 | -€14,063 | -13.1% |
| Recurring financial income | 75 | €106,980 | €92,917 | -€14,063 | -13.1% |
| Income from current assets | 751 | €106,980 | €92,917 | -€14,063 | -13.1% |
| Financial charges | 65/66B | €8,269 | €8,011 | -€258 | -3.1% |
| Recurring financial charges | 65 | €8,269 | €8,011 | -€258 | -3.1% |
| Debt charges | 650 | €7,247 | €6,611 | -€636 | -8.8% |
| Other financial charges | 652/9 | €1,023 | €1,400 | +€377 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €568,352 | €603,637 | +€35,286 | +6.2% |
| Profit (loss) for the period | 9904 | €568,352 | €603,637 | +€35,286 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €568,352 | €603,637 | +€35,286 | +6.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.