MONTALPA: 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.
MONTALPA
Largest movements
- Cash -€33,401
down €33,401 (-59.8%), from €55,855 to €22,454
mainly Tax, wage and social debts (-€33,180) and Net result for the year (-€5,363)
- Tax, wage and social debts -€33,180
no longer reported in 2025 (was €33,180)
- Other debts +€7,149
up €7,149 (+4,912%), from €146 to €7,294
- Profit (loss) carried forward -€5,363
down €5,363, from €30 to -€5,333
- Financial income -€420,000
no longer reported in 2025 (was €420,000)
- Taxes -€33,180
no longer reported in 2025 (was €33,180)
- Gross operating margin +€1,158
up €1,158 (+20.5%), from -€5,661 to -€4,502
- Financial charges +€106
up €106 (+71.3%), from €148 to €254
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 | €437,155 | €405,762 | -€31,394 | -7.2% |
| Fixed assets | 21/28 | €381,300 | €381,300 | = | 0.0% |
| Financial fixed assets | 28 | €381,300 | €381,300 | = | 0.0% |
| Current assets | 29/58 | €55,855 | €24,462 | -€31,394 | -56.2% |
| Amounts receivable within one year | 40/41 | - | €2,007 | +€2,007 | |
| Trade receivables | 40 | - | €2,007 | +€2,007 | |
| Cash at bank and in hand | 54/58 | €55,855 | €22,454 | -€33,401 | -59.8% |
| Total equity and liabilities | 10/49 | €437,155 | €405,762 | -€31,394 | -7.2% |
| Equity | 10/15 | €403,830 | €398,467 | -€5,363 | -1.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €333,800 | €333,800 | = | 0.0% |
| Distributable reserves | 133 | €333,800 | €333,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30 | -€5,333 | -€5,363 | |
| Amounts payable | 17/49 | €33,326 | €7,294 | -€26,031 | -78.1% |
| Amounts payable within one year | 42/48 | €33,326 | €7,294 | -€26,031 | -78.1% |
| Taxes, remuneration and social security | 45 | €33,180 | - | -€33,180 | |
| Taxes | 450/3 | €33,180 | - | -€33,180 | |
| Other amounts payable | 47/48 | €146 | €7,294 | +€7,149 | +4,912% |
| Other operating charges | 640/8 | €600 | €606 | +€7 | +1.1% |
| Gross operating margin | 9900 | -€5,661 | -€4,502 | +€1,158 | +20.5% |
| Operating profit (loss) | 9901 | -€6,261 | -€5,109 | +€1,152 | +18.4% |
| Financial income | 75/76B | €420,000 | - | -€420,000 | |
| Recurring financial income | 75 | €420,000 | - | -€420,000 | |
| Financial charges | 65/66B | €148 | €254 | +€106 | +71.3% |
| Recurring financial charges | 65 | €148 | €254 | +€106 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | €413,591 | -€5,363 | -€418,954 | |
| Income taxes | 67/77 | €33,180 | - | -€33,180 | |
| Profit (loss) for the period | 9904 | €380,411 | -€5,363 | -€385,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €380,411 | -€5,363 | -€385,774 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.