MONTABEL CUISINES: 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.
MONTABEL CUISINES
Largest movements
- Tangible fixed assets -€77,331
down €77,331 (-32.7%), from €236,715 to €159,384
of which Furniture and vehicles: -€65,090
- Stocks and contracts -€69,094
down €69,094 (-89.7%), from €76,990 to €7,896
- Receivables within one year +€12,072
up €12,072 (+2.5%), from €479,621 to €491,693
of which Trade receivables: +€17,260
- Reserves -€197,000
down €197,000 (-52.8%), from €372,859 to €175,859
of which Distributable reserves: -€197,000
- Other debts +€130,100
up €130,100 (+229%), from €56,900 to €187,000
- Trade debts +€52,587
up €52,587 (+41.8%), from €125,746 to €178,333
- Current portion of long-term debt -€49,030
down €49,030 (-51.2%), from €95,854 to €46,823
- Debts after one year -€32,174
down €32,174 (-20.1%), from €160,160 to €127,986
- Gross operating margin -€128,796
down €128,796 (-74.1%), from €173,775 to €44,979
- Taxes -€33,586
down €33,586 (-98.8%), from €33,988 to €402
- Depreciation -€17,092
down €17,092 (-43.3%), from €39,436 to €22,344
- Other operating charges +€10,662
up €10,662 (+103%), from €10,385 to €21,047
- Financial income +€8,900
up €8,900 (+65.1%), from €13,675 to €22,575
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 | €879,227 | €739,950 | -€139,277 | -15.8% |
| Fixed assets | 21/28 | €237,664 | €160,284 | -€77,380 | -32.6% |
| Tangible fixed assets | 22/27 | €236,715 | €159,384 | -€77,331 | -32.7% |
| Land and buildings | 22 | €130,696 | €124,320 | -€6,376 | -4.9% |
| Plant, machinery and equipment | 23 | €22,822 | €16,957 | -€5,865 | -25.7% |
| Furniture and vehicles | 24 | €83,197 | €18,107 | -€65,090 | -78.2% |
| Financial fixed assets | 28 | €950 | €900 | -€50 | -5.2% |
| Current assets | 29/58 | €641,562 | €579,666 | -€61,897 | -9.6% |
| Stocks and contracts in progress | 3 | €76,990 | €7,896 | -€69,094 | -89.7% |
| Stocks | 30/36 | €76,990 | €7,896 | -€69,094 | -89.7% |
| Amounts receivable within one year | 40/41 | €479,621 | €491,693 | +€12,072 | +2.5% |
| Trade receivables | 40 | €132,233 | €149,492 | +€17,260 | +13.1% |
| Other amounts receivable | 41 | €347,388 | €342,200 | -€5,188 | -1.5% |
| Cash at bank and in hand | 54/58 | €18,977 | €14,066 | -€4,910 | -25.9% |
| Deferred charges and accrued income | 490/1 | €65,975 | €66,011 | +€36 | +0.1% |
| Total equity and liabilities | 10/49 | €879,227 | €739,950 | -€139,277 | -15.8% |
| Equity | 10/15 | €406,765 | €195,409 | -€211,356 | -52.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €372,859 | €175,859 | -€197,000 | -52.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €371,000 | €174,000 | -€197,000 | -53.1% |
| Profit (loss) carried forward | 14 | €15,314 | €958 | -€14,356 | -93.7% |
| Amounts payable | 17/49 | €472,462 | €544,541 | +€72,079 | +15.3% |
| Amounts payable after more than one year | 17 | €160,160 | €127,986 | -€32,174 | -20.1% |
| Financial debts | 170/4 | €160,160 | €127,986 | -€32,174 | -20.1% |
| Amounts payable within one year | 42/48 | €312,302 | €416,555 | +€104,253 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €95,854 | €46,823 | -€49,030 | -51.2% |
| Financial debts | 43 | €17,722 | €0 | -€17,722 | -100% |
| Credit institutions | 430/8 | €17,722 | €0 | -€17,722 | -100% |
| Trade debts | 44 | €125,746 | €178,333 | +€52,587 | +41.8% |
| Suppliers | 440/4 | €125,746 | €178,333 | +€52,587 | +41.8% |
| Taxes, remuneration and social security | 45 | €16,080 | €4,398 | -€11,682 | -72.6% |
| Taxes | 450/3 | €10,320 | €2,430 | -€7,890 | -76.5% |
| Remuneration and social security | 454/9 | €5,760 | €1,968 | -€3,792 | -65.8% |
| Other amounts payable | 47/48 | €56,900 | €187,000 | +€130,100 | +229% |
| Non-recurring operating income | 76A | €1,206 | €0 | -€1,206 | -100% |
| Remuneration, social security and pensions | 62 | - | €3,766 | +€3,766 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,436 | €22,344 | -€17,092 | -43.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€1,644 | -€1,644 | |
| Other operating charges | 640/8 | €10,385 | €21,047 | +€10,662 | +103% |
| Non-recurring operating charges | 66A | €8,275 | €25,463 | +€17,188 | +208% |
| Gross operating margin | 9900 | €173,775 | €44,979 | -€128,796 | -74.1% |
| Operating profit (loss) | 9901 | €115,679 | -€25,998 | -€141,677 | |
| Financial income | 75/76B | €13,675 | €22,575 | +€8,900 | +65.1% |
| Recurring financial income | 75 | €13,675 | €22,575 | +€8,900 | +65.1% |
| Financial charges | 65/66B | €11,823 | €20,532 | +€8,708 | +73.7% |
| Recurring financial charges | 65 | €11,823 | €20,532 | +€8,708 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | €117,531 | -€23,954 | -€141,485 | |
| Income taxes | 67/77 | €33,988 | €402 | -€33,586 | -98.8% |
| Profit (loss) for the period | 9904 | €83,543 | -€24,356 | -€107,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,543 | -€24,356 | -€107,899 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.