Monthur: 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.
Monthur
Largest movements
- Tangible fixed assets +€106,703
up €106,703 (+361.2%), from €29,543 to €136,246
- Cash -€90,155
down €90,155 (-89.8%), from €100,392 to €10,238
mainly Investment in fixed assets (net) (-€122,606) and Stocks and contracts (-€87,541)
- Stocks and contracts +€87,541
up €87,541 (+2009.9%), from €4,355 to €91,896
- Receivables within one year +€8,910
up €8,910 (+7834.1%), from €114 to €9,023
- Financial fixed assets +€3,600
new in 2025: €3,600
- Debts after one year +€62,992
new in 2025: €62,992
of which Financial debts: +€38,482
- Trade debts +€50,873
up €50,873 (+382.3%), from €13,306 to €64,179
- Tax, wage and social debts -€15,682
down €15,682 (-90.5%), from €17,330 to €1,648
- Other debts +€14,585
up €14,585 (+28.7%), from €50,787 to €65,372
- Current portion of long-term debt +€9,286
new in 2025: €9,286
- Gross operating margin -€39,093
down €39,093 (-47.1%), from €83,061 to €43,968
- Taxes -€15,901
down €15,901 (-96.4%), from €16,494 to €592
- Depreciation -€4,555
down €4,555 (-27.0%), from €16,858 to €12,302
- Other operating charges -€2,422
down €2,422 (-68.2%), from €3,550 to €1,128
- Financial charges -€2,208
down €2,208 (-36.5%), from €6,055 to €3,848
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 | €135,192 | €252,969 | +€117,777 | +87.1% |
| Fixed assets | 21/28 | €29,543 | €139,846 | +€110,303 | +373.4% |
| Tangible fixed assets | 22/27 | €29,543 | €136,246 | +€106,703 | +361.2% |
| Plant, machinery and equipment | 23 | - | €37,775 | +€37,775 | |
| Furniture and vehicles | 24 | €29,543 | €62,934 | +€33,391 | +113.0% |
| Other tangible fixed assets | 26 | - | €35,537 | +€35,537 | |
| Financial fixed assets | 28 | - | €3,600 | +€3,600 | |
| Current assets | 29/58 | €105,649 | €113,123 | +€7,474 | +7.1% |
| Stocks and contracts in progress | 3 | €4,355 | €91,896 | +€87,541 | +2009.9% |
| Stocks | 30/36 | €4,355 | €91,896 | +€87,541 | +2009.9% |
| Amounts receivable within one year | 40/41 | €114 | €9,023 | +€8,910 | +7834.1% |
| Other amounts receivable | 41 | €114 | €9,023 | +€8,910 | +7834.1% |
| Cash at bank and in hand | 54/58 | €100,392 | €10,238 | -€90,155 | -89.8% |
| Deferred charges and accrued income | 490/1 | €788 | €1,966 | +€1,178 | +149.5% |
| Total equity and liabilities | 10/49 | €135,192 | €252,969 | +€117,777 | +87.1% |
| Equity | 10/15 | €44,390 | €43,678 | -€712 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,338 | €25,055 | -€283 | -1.1% |
| Tax-exempt reserves | 132 | €10,338 | €10,055 | -€283 | -2.7% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €452 | €24 | -€429 | -94.8% |
| Provisions and deferred taxes | 16 | €3,446 | €3,352 | -€94 | -2.7% |
| Deferred taxes | 168 | €3,446 | €3,352 | -€94 | -2.7% |
| Amounts payable | 17/49 | €87,356 | €205,939 | +€118,583 | +135.7% |
| Amounts payable after more than one year | 17 | - | €62,992 | +€62,992 | |
| Financial debts | 170/4 | - | €38,482 | +€38,482 | |
| Other amounts payable | 178/9 | - | €24,510 | +€24,510 | |
| Amounts payable within one year | 42/48 | €81,423 | €140,486 | +€59,063 | +72.5% |
| Current portion of amounts payable after more than one year | 42 | - | €9,286 | +€9,286 | |
| Trade debts | 44 | €13,306 | €64,179 | +€50,873 | +382.3% |
| Suppliers | 440/4 | €13,306 | €64,179 | +€50,873 | +382.3% |
| Taxes, remuneration and social security | 45 | €17,330 | €1,648 | -€15,682 | -90.5% |
| Taxes | 450/3 | €17,330 | €1,648 | -€15,682 | -90.5% |
| Other amounts payable | 47/48 | €50,787 | €65,372 | +€14,585 | +28.7% |
| Accrued charges and deferred income | 492/3 | €5,933 | €2,462 | -€3,471 | -58.5% |
| Non-recurring operating income | 76A | €13,784 | - | -€13,784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,858 | €12,302 | -€4,555 | -27.0% |
| Other operating charges | 640/8 | €3,550 | €1,128 | -€2,422 | -68.2% |
| Non-recurring operating charges | 66A | €2,061 | - | -€2,061 | |
| Gross operating margin | 9900 | €83,061 | €43,968 | -€39,093 | -47.1% |
| Operating profit (loss) | 9901 | €60,591 | €30,538 | -€30,054 | -49.6% |
| Financial income | 75/76B | €32 | €1,546 | +€1,514 | +4735.2% |
| Recurring financial income | 75 | €32 | €1,546 | +€1,514 | +4735.2% |
| Financial charges | 65/66B | €6,055 | €3,848 | -€2,208 | -36.5% |
| Recurring financial charges | 65 | €6,055 | €3,848 | -€2,208 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €54,568 | €28,236 | -€26,332 | -48.3% |
| Transfer from deferred taxes | 780 | - | €94 | +€94 | |
| Transfer to deferred taxes | 680 | €3,446 | - | -€3,446 | |
| Income taxes | 67/77 | €16,494 | €592 | -€15,901 | -96.4% |
| Profit (loss) for the period | 9904 | €34,628 | €27,738 | -€6,890 | -19.9% |
| Transfer from tax-exempt reserves | 789 | - | €283 | +€283 | |
| Transfer to tax-exempt reserves | 689 | €10,338 | - | -€10,338 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,290 | €28,022 | +€3,731 | +15.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.