MONTHAUD: 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.
MONTHAUD
Largest movements
- Receivables within one year -€9,591
down €9,591 (-84.1%), from €11,406 to €1,815
of which Trade receivables: -€7,208
- Cash +€1,089
up €1,089 (+14.1%), from €7,745 to €8,834
mainly Net result for the year (+€26,268) and Receivables within one year (+€9,591)
- Debts after one year -€31,500
down €31,500 (-51.2%), from €61,500 to €30,000
- Profit (loss) carried forward +€26,268
up €26,268 (+38.3%), from -€68,632 to -€42,363
- Tax, wage and social debts -€2,724
down €2,724 (-58.5%), from €4,653 to €1,929
- Other debts -€1,762
down €1,762 (-72.5%), from €2,430 to €668
- Trade debts +€1,215
up €1,215 (+203%), from €600 to €1,815
of which Suppliers: +€1,815
- Gross operating margin -€37,030
down €37,030 (-57.8%), from €64,051 to €27,021
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 | €19,151 | €10,649 | -€8,502 | -44.4% |
| Current assets | 29/58 | €19,151 | €10,649 | -€8,502 | -44.4% |
| Amounts receivable within one year | 40/41 | €11,406 | €1,815 | -€9,591 | -84.1% |
| Trade receivables | 40 | €9,023 | €1,815 | -€7,208 | -79.9% |
| Other amounts receivable | 41 | €2,384 | - | -€2,384 | |
| Cash at bank and in hand | 54/58 | €7,745 | €8,834 | +€1,089 | +14.1% |
| Total equity and liabilities | 10/49 | €19,151 | €10,649 | -€8,502 | -44.4% |
| Equity | 10/15 | -€50,032 | -€23,763 | +€26,268 | +52.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€68,632 | -€42,363 | +€26,268 | +38.3% |
| Amounts payable | 17/49 | €69,183 | €34,412 | -€34,771 | -50.3% |
| Amounts payable after more than one year | 17 | €61,500 | €30,000 | -€31,500 | -51.2% |
| Financial debts | 170/4 | €61,500 | €30,000 | -€31,500 | -51.2% |
| Amounts payable within one year | 42/48 | €7,683 | €4,412 | -€3,271 | -42.6% |
| Trade debts | 44 | €600 | €1,815 | +€1,215 | +203% |
| Suppliers | 440/4 | - | €1,815 | +€1,815 | |
| Bills of exchange payable | 441 | €600 | - | -€600 | |
| Taxes, remuneration and social security | 45 | €4,653 | €1,929 | -€2,724 | -58.5% |
| Taxes | 450/3 | €4,653 | €1,929 | -€2,724 | -58.5% |
| Other amounts payable | 47/48 | €2,430 | €668 | -€1,762 | -72.5% |
| Other operating charges | 640/8 | €704 | €587 | -€117 | -16.6% |
| Gross operating margin | 9900 | €64,051 | €27,021 | -€37,030 | -57.8% |
| Operating profit (loss) | 9901 | €63,346 | €26,434 | -€36,913 | -58.3% |
| Financial charges | 65/66B | €165 | €165 | = | 0.0% |
| Recurring financial charges | 65 | €165 | €165 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €63,181 | €26,268 | -€36,913 | -58.4% |
| Profit (loss) for the period | 9904 | €63,181 | €26,268 | -€36,913 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €63,181 | €26,268 | -€36,913 | -58.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.