Monte Nero: 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 Nero
Largest movements
- Tangible fixed assets -€16,533
down €16,533 (-11.7%), from €141,851 to €125,318
of which Land and buildings: -€9,205
- Receivables within one year -€3,368
down €3,368 (-34.7%), from €9,707 to €6,339
of which Trade receivables: -€1,810
- Cash +€2,549
up €2,549 (+39.8%), from €6,397 to €8,946
mainly Depreciation (+€26,389) and Net result for the year (+€9,633)
- Reserves +€9,633
new in 2025: €9,633
- Trade debts -€9,087
down €9,087 (-64.9%), from €14,011 to €4,924
- Current portion of long-term debt -€8,878
down €8,878 (-51.9%), from €17,097 to €8,219
- Tax, wage and social debts -€6,344
down €6,344 (-74.9%), from €8,465 to €2,121
of which Remuneration and social security: -€7,115
- Accrued charges and deferred income +€4,502
up €4,502 (+131%), from €3,435 to €7,937
- Staff costs -€36,841
down €36,841 (-41.4%), from €88,944 to €52,103
- Gross operating margin -€27,570
down €27,570 (-22.8%), from €121,081 to €93,512
- Depreciation -€2,699
down €2,699 (-9.3%), from €29,087 to €26,389
- Other operating charges -€1,708
down €1,708 (-39.1%), from €4,370 to €2,663
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 | €167,809 | €150,457 | -€17,353 | -10.3% |
| Fixed assets | 21/28 | €146,494 | €129,961 | -€16,533 | -11.3% |
| Tangible fixed assets | 22/27 | €141,851 | €125,318 | -€16,533 | -11.7% |
| Land and buildings | 22 | €87,466 | €78,261 | -€9,205 | -10.5% |
| Plant, machinery and equipment | 23 | €46,364 | €41,032 | -€5,331 | -11.5% |
| Furniture and vehicles | 24 | €597 | €220 | -€377 | -63.2% |
| Leasing and similar rights | 25 | €7,424 | €5,804 | -€1,620 | -21.8% |
| Financial fixed assets | 28 | €4,643 | €4,643 | = | 0.0% |
| Current assets | 29/58 | €21,315 | €20,496 | -€819 | -3.8% |
| Stocks and contracts in progress | 3 | €5,211 | €5,211 | = | 0.0% |
| Stocks | 30/36 | €5,211 | €5,211 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,707 | €6,339 | -€3,368 | -34.7% |
| Trade receivables | 40 | €2,688 | €878 | -€1,810 | -67.4% |
| Other amounts receivable | 41 | €7,019 | €5,461 | -€1,558 | -22.2% |
| Cash at bank and in hand | 54/58 | €6,397 | €8,946 | +€2,549 | +39.8% |
| Total equity and liabilities | 10/49 | €167,809 | €150,457 | -€17,353 | -10.3% |
| Equity | 10/15 | €11,205 | €20,838 | +€9,633 | +86.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €9,633 | +€9,633 | |
| Distributable reserves | 133 | - | €9,633 | +€9,633 | |
| Profit (loss) carried forward | 14 | €9,205 | €9,205 | = | 0.0% |
| Amounts payable | 17/49 | €156,604 | €129,618 | -€26,986 | -17.2% |
| Amounts payable after more than one year | 17 | €6,136 | €3,195 | -€2,941 | -47.9% |
| Financial debts | 170/4 | €6,136 | €3,195 | -€2,941 | -47.9% |
| Amounts payable within one year | 42/48 | €147,034 | €118,487 | -€28,547 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €17,097 | €8,219 | -€8,878 | -51.9% |
| Trade debts | 44 | €14,011 | €4,924 | -€9,087 | -64.9% |
| Suppliers | 440/4 | €14,011 | €4,924 | -€9,087 | -64.9% |
| Taxes, remuneration and social security | 45 | €8,465 | €2,121 | -€6,344 | -74.9% |
| Taxes | 450/3 | €191 | €961 | +€770 | +404% |
| Remuneration and social security | 454/9 | €8,275 | €1,160 | -€7,115 | -86.0% |
| Other amounts payable | 47/48 | €107,460 | €103,222 | -€4,238 | -3.9% |
| Accrued charges and deferred income | 492/3 | €3,435 | €7,937 | +€4,502 | +131% |
| Remuneration, social security and pensions | 62 | €88,944 | €52,103 | -€36,841 | -41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,087 | €26,389 | -€2,699 | -9.3% |
| Other operating charges | 640/8 | €4,370 | €2,663 | -€1,708 | -39.1% |
| Gross operating margin | 9900 | €121,081 | €93,512 | -€27,570 | -22.8% |
| Operating profit (loss) | 9901 | -€1,321 | €12,357 | +€13,678 | |
| Financial income | 75/76B | €25 | €14 | -€11 | -43.5% |
| Recurring financial income | 75 | €25 | €14 | -€11 | -43.5% |
| Financial charges | 65/66B | €2,136 | €2,738 | +€602 | +28.2% |
| Recurring financial charges | 65 | €1,827 | €1,985 | +€158 | +8.6% |
| Non-recurring financial charges | 66B | €309 | €753 | +€444 | +144% |
| Profit (loss) for the period before taxes | 9903 | -€3,432 | €9,633 | +€13,065 | |
| Income taxes | 67/77 | €16 | €0 | -€16 | -100% |
| Profit (loss) for the period | 9904 | -€3,448 | €9,633 | +€13,081 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,448 | €9,633 | +€13,081 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.