MONTEIRO PINTO CONSTRUCTIONS: 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.
MONTEIRO PINTO CONSTRUCTIONS
Largest movements
- Receivables within one year -€34,544
down €34,544 (-10.7%), from €323,652 to €289,108
of which Trade receivables: -€19,796
- Tangible fixed assets -€23,450
down €23,450 (-18.1%), from €129,724 to €106,273
of which Leasing and similar rights: -€12,622
- Cash -€7,377
down €7,377 (-61.5%), from €11,994 to €4,618
mainly Trade debts (-€38,278) and Debts after one year (-€15,284)
- Trade debts -€38,278
down €38,278 (-76.4%), from €50,135 to €11,856
- Debts after one year -€15,284
no longer reported in 2025 (was €15,284)
- Current portion of long-term debt -€11,690
down €11,690 (-43.3%), from €26,974 to €15,284
- Gross operating margin -€38,242
down €38,242 (-38.9%), from €98,254 to €60,012
- Staff costs -€24,245
down €24,245 (-51.1%), from €47,484 to €23,240
- Other operating charges +€3,633
up €3,633 (+104.7%), from €3,469 to €7,102
- Taxes -€1,597
down €1,597 (-50.6%), from €3,160 to €1,562
- Depreciation -€1,083
down €1,083 (-5.1%), from €21,256 to €20,173
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 | €547,975 | €483,708 | -€64,267 | -11.7% |
| Fixed assets | 21/28 | €129,724 | €106,273 | -€23,450 | -18.1% |
| Tangible fixed assets | 22/27 | €129,724 | €106,273 | -€23,450 | -18.1% |
| Land and buildings | 22 | €101,500 | €95,500 | -€6,000 | -5.9% |
| Plant, machinery and equipment | 23 | €1,805 | €1,438 | -€367 | -20.3% |
| Furniture and vehicles | 24 | €6,433 | €1,972 | -€4,461 | -69.3% |
| Leasing and similar rights | 25 | €19,985 | €7,363 | -€12,622 | -63.2% |
| Current assets | 29/58 | €418,251 | €377,435 | -€40,817 | -9.8% |
| Amounts receivable after more than one year | 29 | €75,889 | €75,889 | = | 0.0% |
| Other amounts receivable | 291 | €75,889 | €75,889 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €323,652 | €289,108 | -€34,544 | -10.7% |
| Trade receivables | 40 | €258,578 | €238,782 | -€19,796 | -7.7% |
| Other amounts receivable | 41 | €65,074 | €50,325 | -€14,748 | -22.7% |
| Cash at bank and in hand | 54/58 | €11,994 | €4,618 | -€7,377 | -61.5% |
| Deferred charges and accrued income | 490/1 | €6,716 | €7,820 | +€1,104 | +16.4% |
| Total equity and liabilities | 10/49 | €547,975 | €483,708 | -€64,267 | -11.7% |
| Equity | 10/15 | €430,550 | €434,735 | +€4,185 | +1.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €24,323 | €28,508 | +€4,185 | +17.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,463 | €26,648 | +€4,185 | +18.6% |
| Profit (loss) carried forward | 14 | €387,635 | €387,635 | = | 0.0% |
| Amounts payable | 17/49 | €117,425 | €48,973 | -€68,452 | -58.3% |
| Amounts payable after more than one year | 17 | €15,284 | - | -€15,284 | |
| Financial debts | 170/4 | €15,284 | - | -€15,284 | |
| Amounts payable within one year | 42/48 | €94,603 | €44,173 | -€50,431 | -53.3% |
| Current portion of amounts payable after more than one year | 42 | €26,974 | €15,284 | -€11,690 | -43.3% |
| Trade debts | 44 | €50,135 | €11,856 | -€38,278 | -76.4% |
| Suppliers | 440/4 | €50,135 | €11,856 | -€38,278 | -76.4% |
| Taxes, remuneration and social security | 45 | €5,765 | €6,567 | +€802 | +13.9% |
| Taxes | 450/3 | €3,160 | €1,562 | -€1,597 | -50.6% |
| Remuneration and social security | 454/9 | €2,605 | €5,004 | +€2,399 | +92.1% |
| Other amounts payable | 47/48 | €11,730 | €10,465 | -€1,265 | -10.8% |
| Accrued charges and deferred income | 492/3 | €7,537 | €4,800 | -€2,737 | -36.3% |
| Remuneration, social security and pensions | 62 | €47,484 | €23,240 | -€24,245 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,256 | €20,173 | -€1,083 | -5.1% |
| Other operating charges | 640/8 | €3,469 | €7,102 | +€3,633 | +104.7% |
| Non-recurring operating charges | 66A | - | €2,864 | +€2,864 | |
| Gross operating margin | 9900 | €98,254 | €60,012 | -€38,242 | -38.9% |
| Operating profit (loss) | 9901 | €26,046 | €6,634 | -€19,412 | -74.5% |
| Financial income | 75/76B | €1,752 | €1,478 | -€274 | -15.6% |
| Recurring financial income | 75 | €1,752 | €1,478 | -€274 | -15.6% |
| Financial charges | 65/66B | €2,175 | €2,365 | +€189 | +8.7% |
| Recurring financial charges | 65 | €2,175 | €2,365 | +€189 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €25,623 | €5,747 | -€19,875 | -77.6% |
| Income taxes | 67/77 | €3,160 | €1,562 | -€1,597 | -50.6% |
| Profit (loss) for the period | 9904 | €22,463 | €4,185 | -€18,278 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,463 | €4,185 | -€18,278 | -81.4% |
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 9 October 2026 via checked.be.