MONTECRISTO: what changed
Two fiscal 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.
MONTECRISTO
Largest movements
- Tangible fixed assets -€20,542
down €20,542 (-14.5%), from €141,799 to €121,257
of which Land and buildings: -€15,199
- Cash +€5,990
up €5,990 (+87.1%), from €6,873 to €12,864
mainly Depreciation (+€20,542) and Deferred charges and accrued income (+€4,792)
- Deferred charges and accrued income -€4,792
down €4,792 (-31.8%), from €15,048 to €10,256
- Debts after one year -€13,578
down €13,578 (-14.5%), from €93,865 to €80,287
- Profit (loss) carried forward -€4,540
down €4,540 (-33.0%), from -€13,743 to -€18,282
- Trade debts -€2,018
no longer reported in 2025 (was €2,018)
- Gross operating margin +€1,912
up €1,912 (+7.3%), from €26,224 to €28,137
- Financial charges -€1,597
down €1,597 (-17.3%), from €9,212 to €7,615
- Other operating charges +€1,066
up €1,066 (+32.3%), from €3,306 to €4,372
- Depreciation -€328
down €328 (-1.6%), from €20,870 to €20,542
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 | €163,720 | €144,788 | -€18,932 | -11.6% |
| Fixed assets | 21/28 | €141,799 | €121,257 | -€20,542 | -14.5% |
| Tangible fixed assets | 22/27 | €141,799 | €121,257 | -€20,542 | -14.5% |
| Land and buildings | 22 | €122,913 | €107,714 | -€15,199 | -12.4% |
| Plant, machinery and equipment | 23 | €16,326 | €12,025 | -€4,300 | -26.3% |
| Furniture and vehicles | 24 | €2,560 | €1,517 | -€1,043 | -40.7% |
| Current assets | 29/58 | €21,921 | €23,531 | +€1,610 | +7.3% |
| Amounts receivable within one year | 40/41 | - | €412 | +€412 | |
| Trade receivables | 40 | - | €412 | +€412 | |
| Cash at bank and in hand | 54/58 | €6,873 | €12,864 | +€5,990 | +87.1% |
| Deferred charges and accrued income | 490/1 | €15,048 | €10,256 | -€4,792 | -31.8% |
| Total equity and liabilities | 10/49 | €163,720 | €144,788 | -€18,932 | -11.6% |
| Equity | 10/15 | €54,457 | €49,918 | -€4,540 | -8.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,743 | -€18,282 | -€4,540 | -33.0% |
| Amounts payable | 17/49 | €109,263 | €94,870 | -€14,393 | -13.2% |
| Amounts payable after more than one year | 17 | €93,865 | €80,287 | -€13,578 | -14.5% |
| Financial debts | 170/4 | €93,865 | €80,287 | -€13,578 | -14.5% |
| Amounts payable within one year | 42/48 | €13,956 | €13,470 | -€486 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €11,129 | €11,578 | +€449 | +4.0% |
| Trade debts | 44 | €2,018 | - | -€2,018 | |
| Suppliers | 440/4 | €2,018 | - | -€2,018 | |
| Taxes, remuneration and social security | 45 | €448 | €435 | -€14 | -3.1% |
| Taxes | 450/3 | €448 | €435 | -€14 | -3.1% |
| Other amounts payable | 47/48 | €360 | €1,457 | +€1,097 | +304.6% |
| Accrued charges and deferred income | 492/3 | €1,442 | €1,114 | -€328 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,870 | €20,542 | -€328 | -1.6% |
| Other operating charges | 640/8 | €3,306 | €4,372 | +€1,066 | +32.3% |
| Gross operating margin | 9900 | €26,224 | €28,137 | +€1,912 | +7.3% |
| Operating profit (loss) | 9901 | €2,048 | €3,223 | +€1,175 | +57.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,212 | €7,615 | -€1,597 | -17.3% |
| Recurring financial charges | 65 | €9,212 | €7,615 | -€1,597 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,164 | -€4,392 | +€2,771 | +38.7% |
| Income taxes | 67/77 | €161 | €147 | -€14 | -8.5% |
| Profit (loss) for the period | 9904 | -€7,325 | -€4,540 | +€2,785 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,325 | -€4,540 | +€2,785 | +38.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.