MONTGOMERY ENTERPRISES: 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.
MONTGOMERY ENTERPRISES
Largest movements
- Current investments +€56,393
up €56,393 (+13.1%), from €429,672 to €486,065
- Cash -€41,981
down €41,981 (-47.0%), from €89,340 to €47,359
mainly Current investments (-€56,393) and Other debts (-€3,933)
- Reserves +€14,747
up €14,747 (+2.8%), from €519,606 to €534,353
- Gross operating margin -€27,505
down €27,505 (-66.4%), from €41,411 to €13,907
- Taxes -€8,526
down €8,526 (-61.2%), from €13,935 to €5,409
- Financial income +€4,281
up €4,281 (+98.4%), from €4,349 to €8,630
- Depreciation -€480
down €480 (-34.9%), from €1,376 to €896
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 | €548,292 | €560,972 | +€12,680 | +2.3% |
| Fixed assets | 21/28 | €2,603 | €2,572 | -€31 | -1.2% |
| Tangible fixed assets | 22/27 | €2,603 | €2,572 | -€31 | -1.2% |
| Plant, machinery and equipment | 23 | €265 | €209 | -€56 | -21.1% |
| Furniture and vehicles | 24 | €2,338 | €2,363 | +€25 | +1.1% |
| Current assets | 29/58 | €545,689 | €558,400 | +€12,711 | +2.3% |
| Amounts receivable within one year | 40/41 | €25,571 | €24,897 | -€674 | -2.6% |
| Trade receivables | 40 | €13,827 | €7,121 | -€6,706 | -48.5% |
| Other amounts receivable | 41 | €11,745 | €17,776 | +€6,032 | +51.4% |
| Current investments | 50/53 | €429,672 | €486,065 | +€56,393 | +13.1% |
| Cash at bank and in hand | 54/58 | €89,340 | €47,359 | -€41,981 | -47.0% |
| Deferred charges and accrued income | 490/1 | €1,106 | €79 | -€1,027 | -92.9% |
| Total equity and liabilities | 10/49 | €548,292 | €560,972 | +€12,680 | +2.3% |
| Equity | 10/15 | €541,606 | €556,353 | +€14,747 | +2.7% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €519,606 | €534,353 | +€14,747 | +2.8% |
| Distributable reserves | 133 | €519,606 | €534,353 | +€14,747 | +2.8% |
| Amounts payable | 17/49 | €6,686 | €4,619 | -€2,067 | -30.9% |
| Amounts payable within one year | 42/48 | €6,686 | €4,619 | -€2,067 | -30.9% |
| Trade debts | 44 | €1,168 | €333 | -€835 | -71.5% |
| Suppliers | 440/4 | €1,168 | €333 | -€835 | -71.5% |
| Taxes, remuneration and social security | 45 | €1,586 | €4,286 | +€2,701 | +170% |
| Taxes | 450/3 | €1,586 | €4,286 | +€2,701 | +170% |
| Other amounts payable | 47/48 | €3,933 | - | -€3,933 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,376 | €896 | -€480 | -34.9% |
| Other operating charges | 640/8 | €1,227 | €1,336 | +€109 | +8.9% |
| Gross operating margin | 9900 | €41,411 | €13,907 | -€27,505 | -66.4% |
| Operating profit (loss) | 9901 | €38,809 | €11,675 | -€27,134 | -69.9% |
| Financial income | 75/76B | €4,349 | €8,630 | +€4,281 | +98.4% |
| Recurring financial income | 75 | €4,349 | €8,630 | +€4,281 | +98.4% |
| Financial charges | 65/66B | €99 | €150 | +€51 | +51.1% |
| Recurring financial charges | 65 | €99 | €150 | +€51 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | €43,059 | €20,156 | -€22,903 | -53.2% |
| Income taxes | 67/77 | €13,935 | €5,409 | -€8,526 | -61.2% |
| Profit (loss) for the period | 9904 | €29,124 | €14,747 | -€14,377 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,124 | €14,747 | -€14,377 | -49.4% |
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 27 October 2026 via checked.be.