MONTESIXO: 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.
MONTESIXO
Largest movements
- Cash -€28,229
down €28,229 (-75.0%), from €37,624 to €9,395
mainly Debts after one year (-€23,358) and Investment in fixed assets (net) (-€20,340)
- Tangible fixed assets -€5,367
down €5,367 (-1.2%), from €433,707 to €428,340
of which Other tangible fixed assets: -€5,139
- Debts after one year -€23,358
down €23,358 (-7.5%), from €310,254 to €286,896
- Advances received -€13,623
down €13,623 (-16.8%), from €81,173 to €67,550
- Other debts -€13,600
down €13,600 (-16.2%), from €84,198 to €70,598
- Profit (loss) carried forward +€8,037
up €8,037 (+9.9%), from -€80,986 to -€72,949
- Gross operating margin -€12,314
down €12,314 (-21.2%), from €58,059 to €45,745
- Depreciation +€5,701
up €5,701 (+25.3%), from €22,506 to €28,207
- Other operating charges +€2,078
up €2,078 (+433%), from €480 to €2,558
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 | €481,999 | €441,125 | -€40,874 | -8.5% |
| Fixed assets | 21/28 | €436,207 | €428,340 | -€7,867 | -1.8% |
| Tangible fixed assets | 22/27 | €433,707 | €428,340 | -€5,367 | -1.2% |
| Land and buildings | 22 | €377,948 | €378,897 | +€949 | +0.3% |
| Plant, machinery and equipment | 23 | - | €761 | +€761 | |
| Furniture and vehicles | 24 | €31,991 | €30,053 | -€1,938 | -6.1% |
| Other tangible fixed assets | 26 | €23,768 | €18,629 | -€5,139 | -21.6% |
| Financial fixed assets | 28 | €2,500 | - | -€2,500 | |
| Current assets | 29/58 | €45,792 | €12,785 | -€33,007 | -72.1% |
| Stocks and contracts in progress | 3 | €2,664 | €2,363 | -€301 | -11.3% |
| Stocks | 30/36 | €2,664 | €2,363 | -€301 | -11.3% |
| Amounts receivable within one year | 40/41 | €2,988 | €942 | -€2,046 | -68.5% |
| Trade receivables | 40 | €2,988 | €942 | -€2,046 | -68.5% |
| Cash at bank and in hand | 54/58 | €37,624 | €9,395 | -€28,229 | -75.0% |
| Deferred charges and accrued income | 490/1 | €2,516 | €85 | -€2,431 | -96.6% |
| Total equity and liabilities | 10/49 | €481,999 | €441,125 | -€40,874 | -8.5% |
| Equity | 10/15 | -€30,986 | -€22,949 | +€8,037 | +25.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,986 | -€72,949 | +€8,037 | +9.9% |
| Amounts payable | 17/49 | €512,985 | €464,074 | -€48,911 | -9.5% |
| Amounts payable after more than one year | 17 | €310,254 | €286,896 | -€23,358 | -7.5% |
| Financial debts | 170/4 | €310,254 | €286,896 | -€23,358 | -7.5% |
| Amounts payable within one year | 42/48 | €202,731 | €177,178 | -€25,553 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €28,852 | €28,029 | -€823 | -2.9% |
| Trade debts | 44 | €4,295 | €6,002 | +€1,707 | +39.7% |
| Suppliers | 440/4 | €2,000 | €4,450 | +€2,450 | +123% |
| Bills of exchange payable | 441 | €2,295 | €1,552 | -€743 | -32.4% |
| Advances received on contracts in progress | 46 | €81,173 | €67,550 | -€13,623 | -16.8% |
| Taxes, remuneration and social security | 45 | €4,213 | €4,999 | +€786 | +18.7% |
| Taxes | 450/3 | €4,213 | €4,999 | +€786 | +18.7% |
| Other amounts payable | 47/48 | €84,198 | €70,598 | -€13,600 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,506 | €28,207 | +€5,701 | +25.3% |
| Other operating charges | 640/8 | €480 | €2,558 | +€2,078 | +433% |
| Gross operating margin | 9900 | €58,059 | €45,745 | -€12,314 | -21.2% |
| Operating profit (loss) | 9901 | €35,073 | €14,980 | -€20,093 | -57.3% |
| Financial income | 75/76B | €68 | €78 | +€10 | +14.7% |
| Recurring financial income | 75 | €68 | €78 | +€10 | +14.7% |
| Financial charges | 65/66B | €7,230 | €7,021 | -€209 | -2.9% |
| Recurring financial charges | 65 | €7,230 | €7,021 | -€209 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €27,911 | €8,037 | -€19,874 | -71.2% |
| Profit (loss) for the period | 9904 | €27,911 | €8,037 | -€19,874 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,911 | €8,037 | -€19,874 | -71.2% |
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 25 October 2026 via checked.be.