MONTATHERME: 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.
MONTATHERME
Largest movements
- Cash +€80
up €80 (+162.8%), from €49 to €129
mainly Other debts (+€848)
- Receivables within one year +€53
up €53 (+1.2%), from €4,426 to €4,478
of which Other amounts receivable: +€53
- Other debts +€848
up €848 (+211.8%), from €400 to €1,249
- Profit (loss) carried forward -€503
down €503 (-1.4%), from -€35,482 to -€35,984
- Trade debts -€213
down €213 (-0.7%), from €32,489 to €32,275
- Gross operating margin +€361
up €361 (+51.5%), from -€701 to -€340
- Other operating charges +€15
up €15 (+14.5%), from €103 to €118
- Financial charges -€9
down €9 (-17.1%), from €54 to €45
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 | €4,475 | €4,607 | +€132 | +3.0% |
| Current assets | 29/58 | €4,475 | €4,607 | +€132 | +3.0% |
| Amounts receivable within one year | 40/41 | €4,426 | €4,478 | +€53 | +1.2% |
| Trade receivables | 40 | €3,593 | €3,593 | = | 0.0% |
| Other amounts receivable | 41 | €833 | €886 | +€53 | +6.3% |
| Cash at bank and in hand | 54/58 | €49 | €129 | +€80 | +162.8% |
| Total equity and liabilities | 10/49 | €4,475 | €4,607 | +€132 | +3.0% |
| Equity | 10/15 | -€28,414 | -€28,917 | -€503 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €868 | €868 | = | 0.0% |
| Non-distributable reserves | 130/1 | €868 | €868 | = | 0.0% |
| Reserves not available under the articles | 1311 | €868 | €868 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,482 | -€35,984 | -€503 | -1.4% |
| Amounts payable | 17/49 | €32,889 | €33,524 | +€635 | +1.9% |
| Amounts payable within one year | 42/48 | €32,889 | €33,524 | +€635 | +1.9% |
| Trade debts | 44 | €32,489 | €32,275 | -€213 | -0.7% |
| Suppliers | 440/4 | €32,489 | €32,275 | -€213 | -0.7% |
| Other amounts payable | 47/48 | €400 | €1,249 | +€848 | +211.8% |
| Other operating charges | 640/8 | €103 | €118 | +€15 | +14.5% |
| Gross operating margin | 9900 | -€701 | -€340 | +€361 | +51.5% |
| Operating profit (loss) | 9901 | -€804 | -€458 | +€346 | +43.1% |
| Financial charges | 65/66B | €54 | €45 | -€9 | -17.1% |
| Recurring financial charges | 65 | €54 | €45 | -€9 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€858 | -€503 | +€356 | +41.4% |
| Profit (loss) for the period | 9904 | -€858 | -€503 | +€356 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€858 | -€503 | +€356 | +41.4% |
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 11 October 2026 via checked.be.