MONTCAFE: 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.
MONTCAFE
Largest movements
- Receivables within one year -€51,821
down €51,821 (-19.1%), from €271,154 to €219,333
of which Other amounts receivable: -€51,821
- Cash +€21,843
up €21,843 (+81.1%), from €26,925 to €48,768
mainly Other debts (+€129,092) and Receivables within one year (+€51,821)
- Tangible fixed assets +€21,386
up €21,386 (+106.4%), from €20,106 to €41,492
of which Other tangible fixed assets: +€15,318
- Stocks and contracts +€6,365
up €6,365 (+70.5%), from €9,030 to €15,395
- Other debts +€129,092
up €129,092, from €0 to €129,092
- Reserves -€100,995
down €100,995 (-49.7%), from €203,094 to €102,098
- Tax, wage and social debts -€29,417
down €29,417 (-91.2%), from €32,249 to €2,832
of which Taxes: -€26,858
- Debts after one year +€13,514
new in 2025: €13,514
- Current portion of long-term debt -€6,835
down €6,835 (-27.3%), from €25,000 to €18,165
- Staff costs -€21,148
down €21,148 (-61.5%), from €34,380 to €13,232
- Gross operating margin -€12,226
down €12,226 (-17.7%), from €69,200 to €56,974
- Depreciation +€3,659
up €3,659 (+145.7%), from €2,511 to €6,170
- Taxes +€2,649
up €2,649 (+31.1%), from €8,514 to €11,163
- Financial charges +€1,005
up €1,005 (+36.4%), from €2,758 to €3,762
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 | €384,425 | €383,616 | -€809 | -0.2% |
| Fixed assets | 21/28 | €21,156 | €42,880 | +€21,724 | +102.7% |
| Tangible fixed assets | 22/27 | €20,106 | €41,492 | +€21,386 | +106.4% |
| Plant, machinery and equipment | 23 | €10,172 | €16,780 | +€6,608 | +65.0% |
| Furniture and vehicles | 24 | €1,976 | €1,435 | -€540 | -27.3% |
| Other tangible fixed assets | 26 | €7,959 | €23,277 | +€15,318 | +192.5% |
| Financial fixed assets | 28 | €1,050 | €1,388 | +€338 | +32.2% |
| Current assets | 29/58 | €363,269 | €340,736 | -€22,533 | -6.2% |
| Amounts receivable after more than one year | 29 | €54,000 | €54,000 | = | 0.0% |
| Other amounts receivable | 291 | €54,000 | €54,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,030 | €15,395 | +€6,365 | +70.5% |
| Stocks | 30/36 | €9,030 | €15,395 | +€6,365 | +70.5% |
| Amounts receivable within one year | 40/41 | €271,154 | €219,333 | -€51,821 | -19.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €271,154 | €219,333 | -€51,821 | -19.1% |
| Cash at bank and in hand | 54/58 | €26,925 | €48,768 | +€21,843 | +81.1% |
| Deferred charges and accrued income | 490/1 | €2,160 | €3,240 | +€1,080 | +50.0% |
| Total equity and liabilities | 10/49 | €384,425 | €383,616 | -€809 | -0.2% |
| Equity | 10/15 | €295,250 | €188,087 | -€107,163 | -36.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €203,094 | €102,098 | -€100,995 | -49.7% |
| Distributable reserves | 133 | €203,094 | €102,098 | -€100,995 | -49.7% |
| Profit (loss) carried forward | 14 | €85,956 | €79,789 | -€6,167 | -7.2% |
| Amounts payable | 17/49 | €89,176 | €195,529 | +€106,353 | +119.3% |
| Amounts payable after more than one year | 17 | - | €13,514 | +€13,514 | |
| Financial debts | 170/4 | - | €13,514 | +€13,514 | |
| Amounts payable within one year | 42/48 | €86,549 | €180,175 | +€93,627 | +108.2% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €18,165 | -€6,835 | -27.3% |
| Trade debts | 44 | €29,300 | €30,086 | +€786 | +2.7% |
| Suppliers | 440/4 | €29,300 | €30,086 | +€786 | +2.7% |
| Taxes, remuneration and social security | 45 | €32,249 | €2,832 | -€29,417 | -91.2% |
| Taxes | 450/3 | €29,690 | €2,832 | -€26,858 | -90.5% |
| Remuneration and social security | 454/9 | €2,559 | €0 | -€2,559 | -100.0% |
| Other amounts payable | 47/48 | €0 | €129,092 | +€129,092 | |
| Accrued charges and deferred income | 492/3 | €2,627 | €1,840 | -€787 | -30.0% |
| Remuneration, social security and pensions | 62 | €34,380 | €13,232 | -€21,148 | -61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,511 | €6,170 | +€3,659 | +145.7% |
| Other operating charges | 640/8 | €6,083 | €5,111 | -€973 | -16.0% |
| Gross operating margin | 9900 | €69,200 | €56,974 | -€12,226 | -17.7% |
| Operating profit (loss) | 9901 | €26,226 | €32,462 | +€6,236 | +23.8% |
| Financial income | 75/76B | €4,106 | €4,392 | +€287 | +7.0% |
| Recurring financial income | 75 | €4,106 | €4,392 | +€287 | +7.0% |
| Financial charges | 65/66B | €2,758 | €3,762 | +€1,005 | +36.4% |
| Recurring financial charges | 65 | €2,758 | €3,762 | +€1,005 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €27,574 | €33,092 | +€5,518 | +20.0% |
| Income taxes | 67/77 | €8,514 | €11,163 | +€2,649 | +31.1% |
| Profit (loss) for the period | 9904 | €19,060 | €21,929 | +€2,869 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,060 | €21,929 | +€2,869 | +15.1% |
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.