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MONTAMIC: 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.

What changed

MONTAMIC

BE 0456.717.669
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€664
2024 · €18,227-€17,563
Equity
€238,349
2024 · €237,686+€663
Cash
€275
2024 · €980-€705
Balance sheet total
€240,825
2024 · €241,657-€832

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income -€2,567

    down €2,567 (-12.8%), from €20,083 to €17,516

  • Receivables within one year +€2,440

    up €2,440 (+1.1%), from €220,594 to €223,034

    of which Other amounts receivable: +€4,086

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin -€20,931

      down €20,931 (-97.7%), from €21,426 to €495

    • Purchases and services +€3,289

      up €3,289 (+568.0%), from €579 to €3,868

    • Taxes -€2,157

      down €2,157, from €1,823 to -€334

    • Other operating charges -€1,001

      down €1,001 (-89.3%), from €1,121 to €120

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €18,227
    Gross operating margin -€20,931
    Other operating charges +€1,001
    Financial charges +€210
    Taxes +€2,157
    Result 2025 €664

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations -€704
    Investment €0
    Financing -€1
    Cash 2024 €980
    Net result for the year +€664
    Receivables within one year -€2,440
    Deferred charges and accrued income +€2,567
    Trade debts -€1,015
    Tax, wage and social debts -€480
    Contributions, distributions and other -€1
    Cash 2025 €275
    Every line side by side 34 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €241,657 €240,825 -€832 -0.3%
    Current assets 29/58 €241,657 €240,825 -€832 -0.3%
    Amounts receivable within one year 40/41 €220,594 €223,034 +€2,440 +1.1%
    Trade receivables 40 €10,000 €8,354 -€1,646 -16.5%
    Other amounts receivable 41 €210,594 €214,680 +€4,086 +1.9%
    Cash at bank and in hand 54/58 €980 €275 -€705 -71.9%
    Deferred charges and accrued income 490/1 €20,083 €17,516 -€2,567 -12.8%
    Total equity and liabilities 10/49 €241,657 €240,825 -€832 -0.3%
    Equity 10/15 €237,686 €238,349 +€663 +0.3%
    Contributions 10/11 €6,197 €6,197 = 0.0%
    Reserves 13 €349,764 €350,428 +€664 +0.2%
    Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
    Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
    Tax-exempt reserves 132 €1,155 €1,155 = 0.0%
    Distributable reserves 133 €346,750 €347,414 +€664 +0.2%
    Profit (loss) carried forward 14 -€118,275 -€118,276 -€1 0.0%
    Amounts payable 17/49 €3,971 €2,476 -€1,495 -37.6%
    Amounts payable within one year 42/48 €3,971 €2,476 -€1,495 -37.6%
    Trade debts 44 €1,515 €500 -€1,015 -67.0%
    Suppliers 440/4 €1,515 €500 -€1,015 -67.0%
    Taxes, remuneration and social security 45 €2,456 €1,976 -€480 -19.5%
    Taxes 450/3 €2,456 €1,976 -€480 -19.5%
    Non-recurring operating income 76A €17,772 - -€17,772
    Goods, raw materials, services and sundry goods 60/61 €579 €3,868 +€3,289 +568.0%
    Other operating charges 640/8 €1,121 €120 -€1,001 -89.3%
    Gross operating margin 9900 €21,426 €495 -€20,931 -97.7%
    Operating profit (loss) 9901 €20,305 €375 -€19,930 -98.2%
    Financial charges 65/66B €255 €45 -€210 -82.4%
    Recurring financial charges 65 €56 €45 -€11 -19.6%
    Non-recurring financial charges 66B €199 - -€199
    Profit (loss) for the period before taxes 9903 €20,050 €330 -€19,720 -98.4%
    Income taxes 67/77 €1,823 -€334 -€2,157
    Profit (loss) for the period 9904 €18,227 €664 -€17,563 -96.4%
    Profit (loss) for the period to be appropriated 9905 €18,227 €664 -€17,563 -96.4%

    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 30 September 2026 via checked.be.