MONTEYAMA: 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.
MONTEYAMA
Largest movements
- Cash -€13,147
down €13,147 (-10.4%), from €125,822 to €112,674
mainly Contributions, distributions and other (-€94,500) and Net result for the year (-€10,668)
- Profit (loss) carried forward -€105,168
down €105,168 (-93.0%), from €113,058 to €7,889
- Other debts +€75,515
up €75,515 (+4123.5%), from €1,831 to €77,346
- Tax, wage and social debts +€13,103
up €13,103 (+955.2%), from €1,372 to €14,475
of which Taxes: +€13,103
- Trade debts +€2,252
new in 2025: €2,252
- Gross operating margin -€114,229
down €114,229, from €104,113 to -€10,116
- Taxes -€21,625
no longer reported in 2025 (was €21,625)
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 | €132,261 | €117,963 | -€14,298 | -10.8% |
| Fixed assets | 21/28 | €82 | - | -€82 | |
| Tangible fixed assets | 22/27 | €82 | - | -€82 | |
| Furniture and vehicles | 24 | €82 | - | -€82 | |
| Current assets | 29/58 | €132,179 | €117,963 | -€14,216 | -10.8% |
| Amounts receivable within one year | 40/41 | €6,317 | €5,288 | -€1,029 | -16.3% |
| Trade receivables | 40 | €4,810 | €1,866 | -€2,944 | -61.2% |
| Other amounts receivable | 41 | €1,507 | €3,422 | +€1,915 | +127.1% |
| Cash at bank and in hand | 54/58 | €125,822 | €112,674 | -€13,147 | -10.4% |
| Deferred charges and accrued income | 490/1 | €40 | - | -€40 | |
| Total equity and liabilities | 10/49 | €132,261 | €117,963 | -€14,298 | -10.8% |
| Equity | 10/15 | €129,058 | €23,889 | -€105,168 | -81.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,058 | €7,889 | -€105,168 | -93.0% |
| Amounts payable | 17/49 | €3,203 | €94,073 | +€90,870 | +2836.9% |
| Amounts payable within one year | 42/48 | €3,203 | €94,073 | +€90,870 | +2836.9% |
| Trade debts | 44 | - | €2,252 | +€2,252 | |
| Suppliers | 440/4 | - | €2,252 | +€2,252 | |
| Taxes, remuneration and social security | 45 | €1,372 | €14,475 | +€13,103 | +955.2% |
| Taxes | 450/3 | €172 | €13,275 | +€13,103 | +7627.0% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €1,831 | €77,346 | +€75,515 | +4123.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €82 | -€456 | -84.8% |
| Other operating charges | 640/8 | - | €602 | +€602 | |
| Gross operating margin | 9900 | €104,113 | -€10,116 | -€114,229 | |
| Operating profit (loss) | 9901 | €103,575 | -€10,800 | -€114,375 | |
| Financial income | 75/76B | €7 | €437 | +€430 | +6138.6% |
| Recurring financial income | 75 | €7 | €437 | +€430 | +6138.6% |
| Financial charges | 65/66B | €199 | €305 | +€106 | +53.6% |
| Recurring financial charges | 65 | €199 | €305 | +€106 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €103,384 | -€10,668 | -€114,052 | |
| Income taxes | 67/77 | €21,625 | - | -€21,625 | |
| Profit (loss) for the period | 9904 | €81,759 | -€10,668 | -€92,427 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,759 | -€10,668 | -€92,427 |
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 10 October 2026 via checked.be.