Montelys: 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.
Montelys
Largest movements
- Cash +€39,845
up €39,845 (+84.2%), from €47,328 to €87,172
mainly Net result for the year (+€52,280) and Depreciation (+€13,193)
- Tangible fixed assets -€13,193
down €13,193 (-24.7%), from €53,320 to €40,126
of which Furniture and vehicles: -€12,191
- Receivables within one year +€13,144
new in 2026: €13,144
- Reserves +€52,280
up €52,280 (+129.9%), from €40,260 to €92,539
- Debts after one year -€12,086
down €12,086 (-59.2%), from €20,420 to €8,333
- Gross operating margin +€31,624
up €31,624 (+63.1%), from €50,116 to €81,740
- Taxes +€7,074
up €7,074 (+90.2%), from €7,843 to €14,917
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,647 | €141,589 | +€40,942 | +40.7% |
| Fixed assets | 21/28 | €53,320 | €40,126 | -€13,193 | -24.7% |
| Tangible fixed assets | 22/27 | €53,320 | €40,126 | -€13,193 | -24.7% |
| Plant, machinery and equipment | 23 | €9,043 | €8,041 | -€1,002 | -11.1% |
| Furniture and vehicles | 24 | €44,277 | €32,085 | -€12,191 | -27.5% |
| Current assets | 29/58 | €47,328 | €101,463 | +€54,135 | +114.4% |
| Amounts receivable within one year | 40/41 | - | €13,144 | +€13,144 | |
| Trade receivables | 40 | - | €13,144 | +€13,144 | |
| Cash at bank and in hand | 54/58 | €47,328 | €87,172 | +€39,845 | +84.2% |
| Deferred charges and accrued income | 490/1 | - | €1,146 | +€1,146 | |
| Total equity and liabilities | 10/49 | €100,647 | €141,589 | +€40,942 | +40.7% |
| Equity | 10/15 | €45,260 | €97,539 | +€52,280 | +115.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,260 | €92,539 | +€52,280 | +129.9% |
| Distributable reserves | 133 | €40,260 | €92,539 | +€52,280 | +129.9% |
| Amounts payable | 17/49 | €55,388 | €44,050 | -€11,338 | -20.5% |
| Amounts payable after more than one year | 17 | €20,420 | €8,333 | -€12,086 | -59.2% |
| Financial debts | 170/4 | €20,420 | €8,333 | -€12,086 | -59.2% |
| Amounts payable within one year | 42/48 | €34,968 | €35,717 | +€749 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €11,608 | €12,086 | +€478 | +4.1% |
| Trade debts | 44 | €529 | €157 | -€372 | -70.3% |
| Suppliers | 440/4 | €529 | €157 | -€372 | -70.3% |
| Taxes, remuneration and social security | 45 | €21,647 | €21,784 | +€138 | +0.6% |
| Taxes | 450/3 | €21,647 | €21,784 | +€138 | +0.6% |
| Other amounts payable | 47/48 | €1,185 | €1,689 | +€504 | +42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,168 | €13,193 | +€25 | +0.2% |
| Other operating charges | 640/8 | €480 | €222 | -€258 | -53.8% |
| Gross operating margin | 9900 | €50,116 | €81,740 | +€31,624 | +63.1% |
| Operating profit (loss) | 9901 | €36,469 | €68,325 | +€31,856 | +87.4% |
| Financial income | 75/76B | - | €101 | +€101 | |
| Recurring financial income | 75 | - | €101 | +€101 | |
| Financial charges | 65/66B | €1,731 | €1,230 | -€502 | -29.0% |
| Recurring financial charges | 65 | €1,731 | €1,230 | -€502 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €34,737 | €67,196 | +€32,459 | +93.4% |
| Income taxes | 67/77 | €7,843 | €14,917 | +€7,074 | +90.2% |
| Profit (loss) for the period | 9904 | €26,894 | €52,280 | +€25,385 | +94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,894 | €52,280 | +€25,385 | +94.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.