MONTELEC - MONTON: 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.
MONTELEC - MONTON
Largest movements
- Tangible fixed assets -€4,523
down €4,523 (-17.9%), from €25,276 to €20,752
of which Furniture and vehicles: -€6,730
- Cash +€2,106
up €2,106 (+6.8%), from €30,825 to €32,932
mainly Other debts (+€14,290) and Depreciation (+€9,397)
- Profit (loss) carried forward -€14,954
down €14,954 (-55.3%), from €27,050 to €12,096
- Other debts +€14,290
new in 2025: €14,290
- Trade debts -€2,997
down €2,997 (-26.6%), from €11,265 to €8,268
- Tax, wage and social debts +€1,043
up €1,043 (+12.9%), from €8,077 to €9,120
- Gross operating margin -€23,831
down €23,831 (-70.5%), from €33,816 to €9,985
- Taxes -€5,720
down €5,720 (-77.1%), from €7,420 to €1,700
- Depreciation +€3,121
up €3,121 (+49.7%), from €6,276 to €9,397
- Financial income +€892
up €892 (+127,357%), from €1 to €892
- Other operating charges +€341
up €341 (+582%), from €59 to €400
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 | €94,691 | €92,073 | -€2,618 | -2.8% |
| Fixed assets | 21/28 | €25,276 | €20,752 | -€4,523 | -17.9% |
| Tangible fixed assets | 22/27 | €25,276 | €20,752 | -€4,523 | -17.9% |
| Plant, machinery and equipment | 23 | - | €2,206 | +€2,206 | |
| Furniture and vehicles | 24 | €25,276 | €18,546 | -€6,730 | -26.6% |
| Current assets | 29/58 | €69,415 | €71,321 | +€1,905 | +2.7% |
| Amounts receivable within one year | 40/41 | €36,208 | €35,894 | -€314 | -0.9% |
| Trade receivables | 40 | €22,686 | €17,197 | -€5,489 | -24.2% |
| Other amounts receivable | 41 | €13,522 | €18,697 | +€5,175 | +38.3% |
| Cash at bank and in hand | 54/58 | €30,825 | €32,932 | +€2,106 | +6.8% |
| Deferred charges and accrued income | 490/1 | €2,382 | €2,495 | +€113 | +4.8% |
| Total equity and liabilities | 10/49 | €94,691 | €92,073 | -€2,618 | -2.8% |
| Equity | 10/15 | €74,964 | €60,010 | -€14,954 | -19.9% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Contributions outside capital | 11 | €20,451 | €20,451 | = | 0.0% |
| Other | 1109/19 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €27,463 | €27,463 | = | 0.0% |
| Distributable reserves | 133 | €27,463 | €27,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,050 | €12,096 | -€14,954 | -55.3% |
| Amounts payable | 17/49 | €19,727 | €32,063 | +€12,336 | +62.5% |
| Amounts payable within one year | 42/48 | €19,342 | €31,678 | +€12,336 | +63.8% |
| Trade debts | 44 | €11,265 | €8,268 | -€2,997 | -26.6% |
| Suppliers | 440/4 | €11,265 | €8,268 | -€2,997 | -26.6% |
| Taxes, remuneration and social security | 45 | €8,077 | €9,120 | +€1,043 | +12.9% |
| Taxes | 450/3 | €8,077 | €9,120 | +€1,043 | +12.9% |
| Other amounts payable | 47/48 | - | €14,290 | +€14,290 | |
| Accrued charges and deferred income | 492/3 | €384 | €384 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,276 | €9,397 | +€3,121 | +49.7% |
| Other operating charges | 640/8 | €59 | €400 | +€341 | +582% |
| Gross operating margin | 9900 | €33,816 | €9,985 | -€23,831 | -70.5% |
| Operating profit (loss) | 9901 | €27,482 | €189 | -€27,293 | -99.3% |
| Financial income | 75/76B | €1 | €892 | +€892 | +127,357% |
| Recurring financial income | 75 | €1 | €892 | +€892 | +127,357% |
| Financial charges | 65/66B | €63 | €46 | -€17 | -27.6% |
| Recurring financial charges | 65 | €63 | €46 | -€17 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €27,420 | €1,036 | -€26,384 | -96.2% |
| Income taxes | 67/77 | €7,420 | €1,700 | -€5,720 | -77.1% |
| Profit (loss) for the period | 9904 | €20,000 | -€664 | -€20,664 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,000 | -€664 | -€20,664 |
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 31 October 2026 via checked.be.