MONTFAT: 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.
MONTFAT
Largest movements
- Cash +€4,236
up €4,236 (+912.8%), from €464 to €4,700
mainly Tax, wage and social debts (+€263,257) and Investment in fixed assets (net) (+€422)
- Tax, wage and social debts +€263,257
new in 2025: €263,257
- Other debts -€236,662
no longer reported in 2025 (was €236,662)
- Profit (loss) carried forward -€22,295
down €22,295 (-5.7%), from -€387,925 to -€410,220
- Gross operating margin -€6,995
down €6,995 (-98.1%), from -€7,132 to -€14,127
- Purchases and services +€6,995
up €6,995 (+98.1%), from €7,132 to €14,127
- Other operating charges -€320
down €320 (-12.8%), from €2,500 to €2,180
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 | €67,341 | €71,155 | +€3,814 | +5.7% |
| Fixed assets | 21/28 | €60,842 | €60,420 | -€422 | -0.7% |
| Tangible fixed assets | 22/27 | €60,379 | €60,379 | -€0 | 0.0% |
| Land and buildings | 22 | €60,379 | €60,379 | -€0 | 0.0% |
| Financial fixed assets | 28 | €463 | €41 | -€422 | -91.0% |
| Current assets | 29/58 | €6,499 | €10,735 | +€4,236 | +65.2% |
| Amounts receivable within one year | 40/41 | €6,035 | €6,035 | +€0 | 0.0% |
| Trade receivables | 40 | €6,035 | €6,035 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €464 | €4,700 | +€4,236 | +912.8% |
| Total equity and liabilities | 10/49 | €67,341 | €71,155 | +€3,814 | +5.7% |
| Equity | 10/15 | -€185,634 | -€207,929 | -€22,295 | -12.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €2,291 | €2,291 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €2,291 | €2,291 | +€0 | 0.0% |
| Legal reserve | 130 | €2,291 | €2,291 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€387,925 | -€410,220 | -€22,295 | -5.7% |
| Amounts payable | 17/49 | €252,975 | €279,084 | +€26,109 | +10.3% |
| Amounts payable within one year | 42/48 | €252,975 | €279,084 | +€26,109 | +10.3% |
| Trade debts | 44 | €16,313 | €15,827 | -€486 | -3.0% |
| Suppliers | 440/4 | €16,313 | €15,827 | -€486 | -3.0% |
| Taxes, remuneration and social security | 45 | - | €263,257 | +€263,257 | |
| Remuneration and social security | 454/9 | - | €263,257 | +€263,257 | |
| Other amounts payable | 47/48 | €236,662 | - | -€236,662 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,132 | €14,127 | +€6,995 | +98.1% |
| Other operating charges | 640/8 | €2,500 | €2,180 | -€320 | -12.8% |
| Gross operating margin | 9900 | -€7,132 | -€14,127 | -€6,995 | -98.1% |
| Operating profit (loss) | 9901 | -€9,632 | -€16,306 | -€6,674 | -69.3% |
| Financial charges | 65/66B | €6,115 | €5,989 | -€126 | -2.1% |
| Recurring financial charges | 65 | €6,115 | €5,989 | -€126 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,747 | -€22,296 | -€6,549 | -41.6% |
| Profit (loss) for the period | 9904 | -€15,747 | -€22,296 | -€6,549 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,747 | -€22,296 | -€6,549 | -41.6% |
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 8 October 2026 via checked.be.