MONTE-CARLO: 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.
MONTE-CARLO
Largest movements
- Cash -€21,989
down €21,989 (-55.7%), from €39,500 to €17,511
mainly Current portion of long-term debt (-€24,852) and Net result for the year (-€19,624)
- Stocks and contracts -€21,047
down €21,047 (-8.8%), from €240,234 to €219,186
- Tangible fixed assets -€7,698
down €7,698 (-23.2%), from €33,114 to €25,416
of which Furniture and vehicles: -€7,698
- Current portion of long-term debt -€24,852
down €24,852 (-30.0%), from €82,768 to €57,916
- Profit (loss) carried forward -€19,624
down €19,624 (-33.6%), from €58,416 to €38,792
- Debts after one year -€7,916
down €7,916 (-66.4%), from €11,931 to €4,015
- Trade debts -€4,330
down €4,330 (-31.1%), from €13,905 to €9,575
- Tax, wage and social debts +€3,787
up €3,787 (+102%), from €3,707 to €7,494
of which Taxes: +€6,576
- Staff costs -€22,759
down €22,759 (-73.0%), from €31,177 to €8,418
- Gross operating margin -€21,948
down €21,948 (-78.8%), from €27,855 to €5,907
- Financial income -€1,521
down €1,521 (-48.4%), from €3,143 to €1,621
- Financial charges +€343
up €343 (+5.2%), from €6,558 to €6,901
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 | €316,898 | €265,047 | -€51,851 | -16.4% |
| Fixed assets | 21/28 | €33,114 | €25,416 | -€7,698 | -23.2% |
| Tangible fixed assets | 22/27 | €33,114 | €25,416 | -€7,698 | -23.2% |
| Land and buildings | 22 | €14,343 | €14,343 | = | 0.0% |
| Furniture and vehicles | 24 | €18,770 | €11,072 | -€7,698 | -41.0% |
| Current assets | 29/58 | €283,784 | €239,631 | -€44,153 | -15.6% |
| Stocks and contracts in progress | 3 | €240,234 | €219,186 | -€21,047 | -8.8% |
| Stocks | 30/36 | €240,234 | €219,186 | -€21,047 | -8.8% |
| Amounts receivable within one year | 40/41 | €3,360 | €1,731 | -€1,629 | -48.5% |
| Trade receivables | 40 | €3,151 | €1,469 | -€1,682 | -53.4% |
| Other amounts receivable | 41 | €209 | €262 | +€53 | +25.3% |
| Cash at bank and in hand | 54/58 | €39,500 | €17,511 | -€21,989 | -55.7% |
| Deferred charges and accrued income | 490/1 | €691 | €1,203 | +€512 | +74.2% |
| Total equity and liabilities | 10/49 | €316,898 | €265,047 | -€51,851 | -16.4% |
| Equity | 10/15 | €204,571 | €184,947 | -€19,624 | -9.6% |
| Contributions | 10/11 | €25,726 | €25,726 | = | 0.0% |
| Reserves | 13 | €120,428 | €120,428 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,411 | €2,411 | = | 0.0% |
| Distributable reserves | 133 | €118,018 | €118,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,416 | €38,792 | -€19,624 | -33.6% |
| Amounts payable | 17/49 | €112,328 | €80,100 | -€32,227 | -28.7% |
| Amounts payable after more than one year | 17 | €11,931 | €4,015 | -€7,916 | -66.4% |
| Financial debts | 170/4 | €11,931 | €4,015 | -€7,916 | -66.4% |
| Amounts payable within one year | 42/48 | €100,397 | €75,686 | -€24,711 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €82,768 | €57,916 | -€24,852 | -30.0% |
| Trade debts | 44 | €13,905 | €9,575 | -€4,330 | -31.1% |
| Suppliers | 440/4 | €13,905 | €9,575 | -€4,330 | -31.1% |
| Taxes, remuneration and social security | 45 | €3,707 | €7,494 | +€3,787 | +102% |
| Taxes | 450/3 | €918 | €7,494 | +€6,576 | +716% |
| Remuneration and social security | 454/9 | €2,789 | €0 | -€2,789 | -100% |
| Other amounts payable | 47/48 | €17 | €701 | +€684 | +4,105% |
| Accrued charges and deferred income | 492/3 | €0 | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €31,177 | €8,418 | -€22,759 | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,698 | €7,698 | = | 0.0% |
| Other operating charges | 640/8 | €3,512 | €3,677 | +€165 | +4.7% |
| Gross operating margin | 9900 | €27,855 | €5,907 | -€21,948 | -78.8% |
| Operating profit (loss) | 9901 | -€14,533 | -€13,886 | +€646 | +4.4% |
| Financial income | 75/76B | €3,143 | €1,621 | -€1,521 | -48.4% |
| Recurring financial income | 75 | €3,143 | €1,621 | -€1,521 | -48.4% |
| Financial charges | 65/66B | €6,558 | €6,901 | +€343 | +5.2% |
| Recurring financial charges | 65 | €6,558 | €6,901 | +€343 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,948 | -€19,166 | -€1,218 | -6.8% |
| Income taxes | 67/77 | €447 | €457 | +€11 | +2.4% |
| Profit (loss) for the period | 9904 | -€18,395 | -€19,624 | -€1,229 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,395 | -€19,624 | -€1,229 | -6.7% |
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 23 October 2026 via checked.be.