MONSI: 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.
MONSI
Largest movements
- Cash +€33,876
up €33,876 (+798.7%), from €4,242 to €38,118
mainly Net result for the year (+€50,267) and Depreciation (+€7,473)
- Tangible fixed assets -€5,821
down €5,821 (-18.2%), from €31,950 to €26,129
- Receivables within one year -€3,237
down €3,237 (-24.1%), from €13,411 to €10,174
of which Trade receivables: -€12,215
- Profit (loss) carried forward +€49,434
up €49,434, from -€8,507 to €40,927
- Other debts -€25,533
down €25,533 (-45.0%), from €56,797 to €31,264
- Gross operating margin +€74,868
up €74,868, from -€3,439 to €71,429
- Taxes +€13,502
up €13,502 (+8817.1%), from €153 to €13,655
- Depreciation +€3,923
up €3,923 (+110.5%), from €3,550 to €7,473
- Other operating charges -€1,363
no longer reported in 2025 (was €1,363)
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 | €50,877 | €75,055 | +€24,178 | +47.5% |
| Fixed assets | 21/28 | €31,950 | €26,129 | -€5,821 | -18.2% |
| Tangible fixed assets | 22/27 | €31,950 | €26,129 | -€5,821 | -18.2% |
| Furniture and vehicles | 24 | €31,950 | €26,129 | -€5,821 | -18.2% |
| Current assets | 29/58 | €18,927 | €48,925 | +€29,998 | +158.5% |
| Amounts receivable within one year | 40/41 | €13,411 | €10,174 | -€3,237 | -24.1% |
| Trade receivables | 40 | €12,247 | €32 | -€12,215 | -99.7% |
| Other amounts receivable | 41 | €1,164 | €10,142 | +€8,978 | +771.2% |
| Cash at bank and in hand | 54/58 | €4,242 | €38,118 | +€33,876 | +798.7% |
| Deferred charges and accrued income | 490/1 | €1,274 | €634 | -€641 | -50.3% |
| Total equity and liabilities | 10/49 | €50,877 | €75,055 | +€24,178 | +47.5% |
| Equity | 10/15 | -€8,007 | €41,427 | +€49,434 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,507 | €40,927 | +€49,434 | |
| Amounts payable | 17/49 | €58,884 | €33,628 | -€25,256 | -42.9% |
| Amounts payable within one year | 42/48 | €58,884 | €33,628 | -€25,256 | -42.9% |
| Trade debts | 44 | €22 | €711 | +€689 | +3203.5% |
| Suppliers | 440/4 | €22 | €711 | +€689 | +3203.5% |
| Taxes, remuneration and social security | 45 | €2,065 | €1,653 | -€412 | -20.0% |
| Taxes | 450/3 | €2,065 | €1,653 | -€412 | -20.0% |
| Other amounts payable | 47/48 | €56,797 | €31,264 | -€25,533 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,550 | €7,473 | +€3,923 | +110.5% |
| Other operating charges | 640/8 | €1,363 | - | -€1,363 | |
| Gross operating margin | 9900 | -€3,439 | €71,429 | +€74,868 | |
| Operating profit (loss) | 9901 | -€8,352 | €63,956 | +€72,309 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1 | €38 | +€37 | +3628.7% |
| Recurring financial charges | 65 | €1 | €38 | +€37 | +3628.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,353 | €63,921 | +€72,275 | |
| Income taxes | 67/77 | €153 | €13,655 | +€13,502 | +8817.1% |
| Profit (loss) for the period | 9904 | -€8,507 | €50,267 | +€58,773 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,507 | €50,267 | +€58,773 |
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 12 October 2026 via checked.be.