MONTAGNA LUNGA: 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.
MONTAGNA LUNGA
Largest movements
- Cash -€20,066
down €20,066 (-27.5%), from €72,902 to €52,836
mainly Net result for the year (-€21,982) and Investment in fixed assets (net) (-€2,923)
- Receivables within one year -€2,763
down €2,763 (-70.6%), from €3,913 to €1,150
of which Other amounts receivable: -€2,888
- Profit (loss) carried forward -€21,982
new in 2025: -€21,982
- Tax, wage and social debts -€1,913
down €1,913 (-39.0%), from €4,899 to €2,986
- Financial income -€5,291
down €5,291 (-93.0%), from €5,691 to €400
- Depreciation -€2,588
down €2,588 (-43.2%), from €5,987 to €3,399
- Gross operating margin +€262
up €262 (+1.5%), from -€17,305 to -€17,043
- Financial charges +€192
up €192 (+92.3%), from €209 to €401
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 | €84,600 | €61,295 | -€23,305 | -27.5% |
| Fixed assets | 21/28 | €7,785 | €7,309 | -€476 | -6.1% |
| Tangible fixed assets | 22/27 | €7,785 | €7,309 | -€476 | -6.1% |
| Plant, machinery and equipment | 23 | €1,982 | €1,535 | -€448 | -22.6% |
| Furniture and vehicles | 24 | €5,803 | €5,774 | -€28 | -0.5% |
| Current assets | 29/58 | €76,815 | €53,986 | -€22,829 | -29.7% |
| Amounts receivable within one year | 40/41 | €3,913 | €1,150 | -€2,763 | -70.6% |
| Trade receivables | 40 | €1,025 | €1,150 | +€125 | +12.2% |
| Other amounts receivable | 41 | €2,888 | - | -€2,888 | |
| Cash at bank and in hand | 54/58 | €72,902 | €52,836 | -€20,066 | -27.5% |
| Total equity and liabilities | 10/49 | €84,600 | €61,295 | -€23,305 | -27.5% |
| Equity | 10/15 | €77,664 | €55,681 | -€21,982 | -28.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €71,466 | €71,466 | = | 0.0% |
| 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 | €69,607 | €69,607 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€21,982 | -€21,982 | |
| Amounts payable | 17/49 | €6,937 | €5,614 | -€1,323 | -19.1% |
| Amounts payable within one year | 42/48 | €6,937 | €5,614 | -€1,323 | -19.1% |
| Trade debts | 44 | €2,038 | €2,549 | +€511 | +25.1% |
| Suppliers | 440/4 | €2,038 | €2,549 | +€511 | +25.1% |
| Taxes, remuneration and social security | 45 | €4,899 | €2,986 | -€1,913 | -39.0% |
| Taxes | 450/3 | €4,899 | €2,986 | -€1,913 | -39.0% |
| Other amounts payable | 47/48 | - | €79 | +€79 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,987 | €3,399 | -€2,588 | -43.2% |
| Other operating charges | 640/8 | €1,366 | €1,216 | -€151 | -11.0% |
| Gross operating margin | 9900 | -€17,305 | -€17,043 | +€262 | +1.5% |
| Operating profit (loss) | 9901 | -€24,659 | -€21,658 | +€3,001 | +12.2% |
| Financial income | 75/76B | €5,691 | €400 | -€5,291 | -93.0% |
| Recurring financial income | 75 | €5,691 | €400 | -€5,291 | -93.0% |
| Financial charges | 65/66B | €209 | €401 | +€192 | +92.3% |
| Recurring financial charges | 65 | €209 | €401 | +€192 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,177 | -€21,659 | -€2,482 | -12.9% |
| Income taxes | 67/77 | €325 | €324 | -€2 | -0.5% |
| Profit (loss) for the period | 9904 | -€19,502 | -€21,982 | -€2,481 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,502 | -€21,982 | -€2,481 | -12.7% |
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 2 October 2026 via checked.be.