MONTHERA: 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.
MONTHERA
Largest movements
- Cash +€22,928
up €22,928 (+58.2%), from €39,380 to €62,309
mainly Depreciation (+€42,016) and Net result for the year (+€16,369)
- Tangible fixed assets -€22,794
down €22,794 (-7.1%), from €318,803 to €296,008
of which Land and buildings: -€20,140
- Debts after one year -€26,757
down €26,757 (-25.6%), from €104,536 to €77,779
- Profit (loss) carried forward +€16,369
up €16,369 (+130.9%), from €12,510 to €28,879
- Other debts +€13,304
up €13,304 (+7.1%), from €186,981 to €200,285
- Current portion of long-term debt -€6,807
down €6,807 (-21.2%), from €32,090 to €25,283
- Tax, wage and social debts +€4,839
up €4,839 (+75.8%), from €6,382 to €11,221
of which Taxes: +€6,430
- Gross operating margin +€22,077
up €22,077 (+27.2%), from €81,052 to €103,129
- Financial charges -€19,995
down €19,995 (-87.7%), from €22,801 to €2,806
of which Non-recurring financial charges: -€19,817
- Depreciation +€11,902
up €11,902 (+39.5%), from €30,114 to €42,016
- Taxes +€5,904
up €5,904 (+1308.8%), from €451 to €6,355
- Other operating charges -€5,057
down €5,057 (-63.9%), from €7,915 to €2,858
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 | €363,379 | €363,890 | +€511 | +0.1% |
| Fixed assets | 21/28 | €319,036 | €296,242 | -€22,794 | -7.1% |
| Tangible fixed assets | 22/27 | €318,803 | €296,008 | -€22,794 | -7.1% |
| Land and buildings | 22 | €240,220 | €220,079 | -€20,140 | -8.4% |
| Furniture and vehicles | 24 | €78,583 | €75,929 | -€2,654 | -3.4% |
| Financial fixed assets | 28 | €234 | €234 | = | 0.0% |
| Current assets | 29/58 | €44,343 | €67,648 | +€23,305 | +52.6% |
| Amounts receivable within one year | 40/41 | €2,348 | €2,714 | +€366 | +15.6% |
| Trade receivables | 40 | €2,348 | €2,714 | +€366 | +15.6% |
| Cash at bank and in hand | 54/58 | €39,380 | €62,309 | +€22,928 | +58.2% |
| Deferred charges and accrued income | 490/1 | €2,614 | €2,625 | +€11 | +0.4% |
| Total equity and liabilities | 10/49 | €363,379 | €363,890 | +€511 | +0.1% |
| Equity | 10/15 | €31,110 | €47,479 | +€16,369 | +52.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,510 | €28,879 | +€16,369 | +130.9% |
| Amounts payable | 17/49 | €332,270 | €316,411 | -€15,858 | -4.8% |
| Amounts payable after more than one year | 17 | €104,536 | €77,779 | -€26,757 | -25.6% |
| Financial debts | 170/4 | €104,536 | €77,779 | -€26,757 | -25.6% |
| Amounts payable within one year | 42/48 | €227,734 | €238,632 | +€10,898 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €32,090 | €25,283 | -€6,807 | -21.2% |
| Trade debts | 44 | €2,281 | €1,843 | -€438 | -19.2% |
| Suppliers | 440/4 | €2,281 | €1,843 | -€438 | -19.2% |
| Taxes, remuneration and social security | 45 | €6,382 | €11,221 | +€4,839 | +75.8% |
| Taxes | 450/3 | - | €6,430 | +€6,430 | |
| Remuneration and social security | 454/9 | €6,382 | €4,791 | -€1,591 | -24.9% |
| Other amounts payable | 47/48 | €186,981 | €200,285 | +€13,304 | +7.1% |
| Remuneration, social security and pensions | 62 | €31,042 | €32,724 | +€1,682 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,114 | €42,016 | +€11,902 | +39.5% |
| Other operating charges | 640/8 | €7,915 | €2,858 | -€5,057 | -63.9% |
| Gross operating margin | 9900 | €81,052 | €103,129 | +€22,077 | +27.2% |
| Operating profit (loss) | 9901 | €11,980 | €25,531 | +€13,550 | +113.1% |
| Financial charges | 65/66B | €22,801 | €2,806 | -€19,995 | -87.7% |
| Recurring financial charges | 65 | €2,983 | €2,806 | -€177 | -5.9% |
| Non-recurring financial charges | 66B | €19,817 | - | -€19,817 | |
| Profit (loss) for the period before taxes | 9903 | -€10,821 | €22,724 | +€33,545 | |
| Income taxes | 67/77 | €451 | €6,355 | +€5,904 | +1308.8% |
| Profit (loss) for the period | 9904 | -€11,272 | €16,369 | +€27,641 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,272 | €16,369 | +€27,641 |
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.