Montea GTE 1: 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.
Montea GTE 1
Largest movements
- Tangible fixed assets -€146,529
down €146,529 (-1.6%), from €9.0m to €8.9m
- Receivables within one year +€138,115
up €138,115 (+52.6%), from €262,677 to €400,791
of which Trade receivables: +€120,169
- Debts after one year +€256,707
up €256,707 (+2.6%), from €9.8m to €10.1m
- Other debts -€256,707
no longer reported in 2025 (was €256,707)
- Trade debts +€106,517
up €106,517 (+645.6%), from €16,500 to €123,017
- Profit (loss) carried forward -€103,881
down €103,881 (-12.2%), from -€848,668 to -€952,549
- Financial charges -€112,421
down €112,421 (-18.9%), from €595,712 to €483,291
- Financial income +€7,269
up €7,269 (+588.8%), from €1,235 to €8,504
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,436,679 | €9,454,827 | +€18,148 | +0.2% |
| Fixed assets | 21/28 | €9,042,075 | €8,895,546 | -€146,529 | -1.6% |
| Tangible fixed assets | 22/27 | €9,042,075 | €8,895,546 | -€146,529 | -1.6% |
| Land and buildings | 22 | €9,042,075 | €8,895,546 | -€146,529 | -1.6% |
| Current assets | 29/58 | €394,604 | €559,281 | +€164,677 | +41.7% |
| Amounts receivable within one year | 40/41 | €262,677 | €400,791 | +€138,115 | +52.6% |
| Trade receivables | 40 | €164,004 | €284,173 | +€120,169 | +73.3% |
| Other amounts receivable | 41 | €98,673 | €116,618 | +€17,945 | +18.2% |
| Deferred charges and accrued income | 490/1 | €131,927 | €158,489 | +€26,563 | +20.1% |
| Total equity and liabilities | 10/49 | €9,436,679 | €9,454,827 | +€18,148 | +0.2% |
| Equity | 10/15 | -€787,168 | -€891,049 | -€103,881 | -13.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€848,668 | -€952,549 | -€103,881 | -12.2% |
| Amounts payable | 17/49 | €10,223,847 | €10,345,876 | +€122,028 | +1.2% |
| Amounts payable after more than one year | 17 | €9,839,192 | €10,095,899 | +€256,707 | +2.6% |
| Financial debts | 170/4 | €9,839,192 | €10,095,899 | +€256,707 | +2.6% |
| Amounts payable within one year | 42/48 | €273,207 | €138,528 | -€134,678 | -49.3% |
| Trade debts | 44 | €16,500 | €123,017 | +€106,517 | +645.6% |
| Suppliers | 440/4 | €16,500 | €123,017 | +€106,517 | +645.6% |
| Taxes, remuneration and social security | 45 | - | €15,512 | +€15,512 | |
| Taxes | 450/3 | - | €15,512 | +€15,512 | |
| Other amounts payable | 47/48 | €256,707 | - | -€256,707 | |
| Accrued charges and deferred income | 492/3 | €111,448 | €111,448 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198,476 | €198,049 | -€426 | -0.2% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | €575,352 | €570,098 | -€5,254 | -0.9% |
| Operating profit (loss) | 9901 | €375,769 | €370,907 | -€4,862 | -1.3% |
| Financial income | 75/76B | €1,235 | €8,504 | +€7,269 | +588.8% |
| Recurring financial income | 75 | €1,235 | €8,504 | +€7,269 | +588.8% |
| Financial charges | 65/66B | €595,712 | €483,291 | -€112,421 | -18.9% |
| Recurring financial charges | 65 | €595,712 | €483,291 | -€112,421 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | -€218,709 | -€103,881 | +€114,828 | +52.5% |
| Profit (loss) for the period | 9904 | -€218,709 | -€103,881 | +€114,828 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€218,709 | -€103,881 | +€114,828 | +52.5% |
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.