MONTEROSSA: 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.
MONTEROSSA
Largest movements
- Receivables within one year +€184,585
up €184,585 (+61.6%), from €299,682 to €484,266
of which Other amounts receivable: +€246,551
- Profit (loss) carried forward +€138,797
up €138,797 (+27.9%), from -€497,265 to -€358,468
- Tax, wage and social debts +€28,287
up €28,287 (+2792.3%), from €1,013 to €29,300
- Gross operating margin +€148,478
up €148,478 (+10932.2%), from €1,358 to €149,836
- Depreciation -€4,667
down €4,667 (-61.1%), from €7,641 to €2,974
- Financial charges +€2,975
up €2,975 (+460.0%), from €647 to €3,621
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 | €2,484,688 | €2,654,809 | +€170,121 | +6.8% |
| Fixed assets | 21/28 | €30,179 | €23,599 | -€6,580 | -21.8% |
| Tangible fixed assets | 22/27 | €29,979 | €23,399 | -€6,580 | -21.9% |
| Land and buildings | 22 | €24,042 | €23,376 | -€666 | -2.8% |
| Furniture and vehicles | 24 | €5,937 | €23 | -€5,914 | -99.6% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €2,454,510 | €2,631,210 | +€176,700 | +7.2% |
| Stocks and contracts in progress | 3 | €2,138,909 | €2,138,909 | = | 0.0% |
| Stocks | 30/36 | €2,138,909 | €2,138,909 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €299,682 | €484,266 | +€184,585 | +61.6% |
| Trade receivables | 40 | €61,966 | €0 | -€61,966 | -100.0% |
| Other amounts receivable | 41 | €237,715 | €484,266 | +€246,551 | +103.7% |
| Cash at bank and in hand | 54/58 | €6,420 | €4,624 | -€1,796 | -28.0% |
| Deferred charges and accrued income | 490/1 | €9,499 | €3,411 | -€6,088 | -64.1% |
| Total equity and liabilities | 10/49 | €2,484,688 | €2,654,809 | +€170,121 | +6.8% |
| Equity | 10/15 | -€477,265 | -€338,468 | +€138,797 | +29.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€497,265 | -€358,468 | +€138,797 | +27.9% |
| Amounts payable | 17/49 | €2,961,953 | €2,993,276 | +€31,324 | +1.1% |
| Amounts payable within one year | 42/48 | €2,961,925 | €2,990,653 | +€28,729 | +1.0% |
| Trade debts | 44 | €5,121 | €1,340 | -€3,781 | -73.8% |
| Suppliers | 440/4 | €5,121 | €1,340 | -€3,781 | -73.8% |
| Taxes, remuneration and social security | 45 | €1,013 | €29,300 | +€28,287 | +2792.3% |
| Taxes | 450/3 | €1,013 | €29,300 | +€28,287 | +2792.3% |
| Other amounts payable | 47/48 | €2,955,790 | €2,960,013 | +€4,223 | +0.1% |
| Accrued charges and deferred income | 492/3 | €28 | €2,623 | +€2,595 | +9215.9% |
| Non-recurring operating income | 76A | - | €5,925 | +€5,925 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,641 | €2,974 | -€4,667 | -61.1% |
| Other operating charges | 640/8 | €2,567 | €1,083 | -€1,484 | -57.8% |
| Non-recurring operating charges | 66A | - | €3,131 | +€3,131 | |
| Gross operating margin | 9900 | €1,358 | €149,836 | +€148,478 | +10932.2% |
| Operating profit (loss) | 9901 | -€8,850 | €142,648 | +€151,498 | |
| Financial income | 75/76B | €36 | €0 | -€36 | -99.8% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -99.8% |
| Financial charges | 65/66B | €647 | €3,621 | +€2,975 | +460.0% |
| Recurring financial charges | 65 | €647 | €3,621 | +€2,975 | +460.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,461 | €139,027 | +€148,488 | |
| Income taxes | 67/77 | €328 | €230 | -€98 | -30.0% |
| Profit (loss) for the period | 9904 | -€9,789 | €138,797 | +€148,586 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,789 | €138,797 | +€148,586 |
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 3 October 2026 via checked.be.