MONSOSTEO: 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.
MONSOSTEO
Largest movements
- Tangible fixed assets +€66,126
new in 2025: €66,126
of which Leasing and similar rights: +€58,213
- Cash -€8,883
down €8,883 (-61.3%), from €14,502 to €5,618
mainly Investment in fixed assets (net) (-€79,794)
- Debts after one year +€45,430
new in 2025: €45,430
- Current portion of long-term debt +€9,152
new in 2025: €9,152
- Reserves +€1,710
up €1,710 (+13.6%), from €12,610 to €14,320
- Depreciation +€13,904
up €13,904 (+5,876%), from €237 to €14,141
- Financial charges +€8,111
up €8,111 (+3,992%), from €203 to €8,314
- Gross operating margin +€6,728
up €6,728 (+35.1%), from €19,144 to €25,872
- Taxes -€4,068
down €4,068 (-75.9%), from €5,356 to €1,289
- Other operating charges -€348
down €348 (-60.7%), from €574 to €226
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.
Derived cash bridge
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 | €22,281 | €79,051 | +€56,770 | +255% |
| Formation expenses | 20 | €1,965 | €1,492 | -€473 | -24.1% |
| Fixed assets | 21/28 | - | €66,126 | +€66,126 | |
| Tangible fixed assets | 22/27 | - | €66,126 | +€66,126 | |
| Plant, machinery and equipment | 23 | - | €7,914 | +€7,914 | |
| Leasing and similar rights | 25 | - | €58,213 | +€58,213 | |
| Current assets | 29/58 | €20,316 | €11,432 | -€8,883 | -43.7% |
| Amounts receivable within one year | 40/41 | €5,814 | €5,814 | = | 0.0% |
| Other amounts receivable | 41 | €5,814 | €5,814 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,502 | €5,618 | -€8,883 | -61.3% |
| Total equity and liabilities | 10/49 | €22,281 | €79,051 | +€56,770 | +255% |
| Equity | 10/15 | €15,110 | €16,820 | +€1,710 | +11.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,610 | €14,320 | +€1,710 | +13.6% |
| Distributable reserves | 133 | €12,610 | €14,320 | +€1,710 | +13.6% |
| Amounts payable | 17/49 | €7,171 | €62,231 | +€55,059 | +768% |
| Amounts payable after more than one year | 17 | - | €45,430 | +€45,430 | |
| Financial debts | 170/4 | - | €45,430 | +€45,430 | |
| Amounts payable within one year | 42/48 | €7,171 | €16,801 | +€9,629 | +134% |
| Current portion of amounts payable after more than one year | 42 | - | €9,152 | +€9,152 | |
| Taxes, remuneration and social security | 45 | €7,171 | €7,648 | +€477 | +6.7% |
| Taxes | 450/3 | €7,171 | €7,648 | +€477 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237 | €14,141 | +€13,904 | +5,876% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €163 | €191 | +€28 | +16.9% |
| Other operating charges | 640/8 | €574 | €226 | -€348 | -60.7% |
| Gross operating margin | 9900 | €19,144 | €25,872 | +€6,728 | +35.1% |
| Operating profit (loss) | 9901 | €18,169 | €11,314 | -€6,856 | -37.7% |
| Financial charges | 65/66B | €203 | €8,314 | +€8,111 | +3,992% |
| Recurring financial charges | 65 | €203 | €8,314 | +€8,111 | +3,992% |
| Profit (loss) for the period before taxes | 9903 | €17,966 | €2,999 | -€14,967 | -83.3% |
| Income taxes | 67/77 | €5,356 | €1,289 | -€4,068 | -75.9% |
| Profit (loss) for the period | 9904 | €12,610 | €1,710 | -€10,899 | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,610 | €1,710 | -€10,899 | -86.4% |
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 24 October 2026 via checked.be.