Mont Bleu: 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.
Mont Bleu
Largest movements
- Receivables within one year +€25,819
up €25,819 (+31.3%), from €82,606 to €108,425
of which Trade receivables: +€23,977
- Cash -€21,801
down €21,801 (-40.0%), from €54,487 to €32,686
mainly Receivables within one year (-€25,819) and Investment in fixed assets (net) (-€3,866)
- Tangible fixed assets +€2,419
up €2,419 (+118%), from €2,042 to €4,461
- Tax, wage and social debts +€7,074
up €7,074 (+9,921%), from €71 to €7,145
of which Taxes: +€4,074
- Depreciation +€942
up €942 (+187%), from €505 to €1,447
- Gross operating margin -€353
down €353 (-20.0%), from €1,764 to €1,411
- Taxes -€100
down €100 (-86.8%), from €115 to €15
- Financial charges +€86
up €86 (+15.8%), from €541 to €627
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 | €140,787 | €146,572 | +€5,785 | +4.1% |
| Fixed assets | 21/28 | €2,042 | €4,461 | +€2,419 | +118% |
| Tangible fixed assets | 22/27 | €2,042 | €4,461 | +€2,419 | +118% |
| Plant, machinery and equipment | 23 | €2,042 | €4,461 | +€2,419 | +118% |
| Current assets | 29/58 | €138,746 | €142,111 | +€3,365 | +2.4% |
| Amounts receivable within one year | 40/41 | €82,606 | €108,425 | +€25,819 | +31.3% |
| Trade receivables | 40 | €1,282 | €25,259 | +€23,977 | +1,870% |
| Other amounts receivable | 41 | €81,324 | €83,166 | +€1,842 | +2.3% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,487 | €32,686 | -€21,801 | -40.0% |
| Deferred charges and accrued income | 490/1 | €653 | - | -€653 | |
| Total equity and liabilities | 10/49 | €140,787 | €146,572 | +€5,785 | +4.1% |
| Equity | 10/15 | €139,698 | €138,584 | -€1,114 | -0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €131,657 | €131,657 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €129,797 | €131,657 | +€1,860 | +1.4% |
| Profit (loss) carried forward | 14 | -€4,359 | -€5,473 | -€1,114 | -25.6% |
| Amounts payable | 17/49 | €1,089 | €7,988 | +€6,899 | +633% |
| Amounts payable within one year | 42/48 | €1,089 | €7,988 | +€6,899 | +633% |
| Trade debts | 44 | €1,018 | €843 | -€175 | -17.2% |
| Suppliers | 440/4 | €1,018 | €843 | -€175 | -17.2% |
| Taxes, remuneration and social security | 45 | €71 | €7,145 | +€7,074 | +9,921% |
| Taxes | 450/3 | €71 | €4,145 | +€4,074 | +5,713% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €505 | €1,447 | +€942 | +187% |
| Other operating charges | 640/8 | €575 | €591 | +€17 | +2.9% |
| Gross operating margin | 9900 | €1,764 | €1,411 | -€353 | -20.0% |
| Operating profit (loss) | 9901 | €685 | -€627 | -€1,311 | |
| Financial income | 75/76B | €145 | €155 | +€9 | +6.3% |
| Recurring financial income | 75 | €145 | €155 | +€9 | +6.3% |
| Financial charges | 65/66B | €541 | €627 | +€86 | +15.8% |
| Recurring financial charges | 65 | €541 | €627 | +€86 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €289 | -€1,099 | -€1,388 | |
| Income taxes | 67/77 | €115 | €15 | -€100 | -86.8% |
| Profit (loss) for the period | 9904 | €174 | -€1,114 | -€1,288 | |
| Profit (loss) for the period to be appropriated | 9905 | €174 | -€1,114 | -€1,288 |
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 29 October 2026 via checked.be.