MONTCROIX: 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.
MONTCROIX
Largest movements
- Cash +€62,607
up €62,607 (+89.0%), from €70,307 to €132,914
mainly Net result for the year (+€119,501) and Debts after one year (+€33,406)
- Tangible fixed assets +€52,574
up €52,574 (+1812.0%), from €2,901 to €55,475
of which Furniture and vehicles: +€48,471
- Receivables within one year +€18,898
up €18,898 (+108.1%), from €17,485 to €36,382
- Deferred charges and accrued income +€2,687
new in 2025: €2,687
- Debts after one year +€33,406
new in 2025: €33,406
- Reserves +€30,000
up €30,000 (+169.8%), from €17,673 to €47,673
- Profit (loss) carried forward +€29,501
up €29,501, from €0 to €29,501
- Tax, wage and social debts +€21,198
up €21,198 (+84.7%), from €25,020 to €46,218
- Other debts +€15,000
up €15,000 (+33.3%), from €45,000 to €60,000
- Gross operating margin +€85,295
up €85,295 (+105.7%), from €80,728 to €166,023
- Taxes +€19,776
up €19,776 (+110.6%), from €17,887 to €37,664
- Depreciation +€6,520
up €6,520 (+5053.1%), from €129 to €6,649
- Other operating charges +€1,834
new in 2025: €1,834
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 | €90,693 | €227,458 | +€136,766 | +150.8% |
| Fixed assets | 21/28 | €2,901 | €55,475 | +€52,574 | +1812.0% |
| Tangible fixed assets | 22/27 | €2,901 | €55,475 | +€52,574 | +1812.0% |
| Plant, machinery and equipment | 23 | €2,901 | €7,004 | +€4,102 | +141.4% |
| Furniture and vehicles | 24 | - | €48,471 | +€48,471 | |
| Current assets | 29/58 | €87,791 | €171,983 | +€84,192 | +95.9% |
| Amounts receivable within one year | 40/41 | €17,485 | €36,382 | +€18,898 | +108.1% |
| Trade receivables | 40 | €17,485 | €36,382 | +€18,898 | +108.1% |
| Cash at bank and in hand | 54/58 | €70,307 | €132,914 | +€62,607 | +89.0% |
| Deferred charges and accrued income | 490/1 | - | €2,687 | +€2,687 | |
| Total equity and liabilities | 10/49 | €90,693 | €227,458 | +€136,766 | +150.8% |
| Equity | 10/15 | €20,673 | €80,174 | +€59,501 | +287.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,673 | €47,673 | +€30,000 | +169.8% |
| Distributable reserves | 133 | €17,673 | €47,673 | +€30,000 | +169.8% |
| Profit (loss) carried forward | 14 | €0 | €29,501 | +€29,501 | |
| Amounts payable | 17/49 | €70,020 | €147,284 | +€77,264 | +110.3% |
| Amounts payable after more than one year | 17 | - | €33,406 | +€33,406 | |
| Financial debts | 170/4 | - | €33,406 | +€33,406 | |
| Amounts payable within one year | 42/48 | €70,020 | €113,877 | +€43,858 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,659 | +€7,659 | |
| Taxes, remuneration and social security | 45 | €25,020 | €46,218 | +€21,198 | +84.7% |
| Taxes | 450/3 | €25,020 | €46,218 | +€21,198 | +84.7% |
| Other amounts payable | 47/48 | €45,000 | €60,000 | +€15,000 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129 | €6,649 | +€6,520 | +5053.1% |
| Other operating charges | 640/8 | - | €1,834 | +€1,834 | |
| Gross operating margin | 9900 | €80,728 | €166,023 | +€85,295 | +105.7% |
| Operating profit (loss) | 9901 | €80,599 | €157,541 | +€76,942 | +95.5% |
| Financial charges | 65/66B | €39 | €376 | +€337 | +871.6% |
| Recurring financial charges | 65 | €39 | €376 | +€337 | +871.6% |
| Profit (loss) for the period before taxes | 9903 | €80,560 | €157,165 | +€76,605 | +95.1% |
| Income taxes | 67/77 | €17,887 | €37,664 | +€19,776 | +110.6% |
| Profit (loss) for the period | 9904 | €62,673 | €119,501 | +€56,828 | +90.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,673 | €119,501 | +€56,828 | +90.7% |
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.