MONTI Services: 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.
MONTI Services
Largest movements
- Cash -€24,496
down €24,496 (-22.3%), from €109,783 to €85,287
mainly Current portion of long-term debt (-€76,000) and Trade debts (-€9,675)
- Tangible fixed assets -€22,116
down €22,116 (-28.3%), from €78,025 to €55,909
of which Furniture and vehicles: -€18,995
- Receivables within one year -€19,313
down €19,313 (-45.5%), from €42,408 to €23,095
of which Trade receivables: -€18,999
- Current portion of long-term debt -€76,000
down €76,000 (-100%), from €76,000 to €0
- Reserves +€23,717
up €23,717 (+25.2%), from €94,287 to €118,005
- Trade debts -€9,675
down €9,675 (-55.6%), from €17,406 to €7,731
- Tax, wage and social debts -€5,603
down €5,603 (-14.2%), from €39,595 to €33,992
- Gross operating margin -€20,528
down €20,528 (-26.4%), from €77,754 to €57,227
- Taxes -€5,459
down €5,459 (-34.3%), from €15,932 to €10,473
- Depreciation +€1,052
up €1,052 (+5.0%), from €21,065 to €22,116
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 | €231,065 | €165,172 | -€65,893 | -28.5% |
| Fixed assets | 21/28 | €78,025 | €55,909 | -€22,116 | -28.3% |
| Tangible fixed assets | 22/27 | €78,025 | €55,909 | -€22,116 | -28.3% |
| Plant, machinery and equipment | 23 | €5,071 | €3,146 | -€1,925 | -38.0% |
| Furniture and vehicles | 24 | €63,803 | €44,807 | -€18,995 | -29.8% |
| Other tangible fixed assets | 26 | €9,151 | €7,956 | -€1,196 | -13.1% |
| Current assets | 29/58 | €153,040 | €109,263 | -€43,777 | -28.6% |
| Amounts receivable within one year | 40/41 | €42,408 | €23,095 | -€19,313 | -45.5% |
| Trade receivables | 40 | €42,095 | €23,095 | -€18,999 | -45.1% |
| Other amounts receivable | 41 | €313 | €0 | -€313 | -100% |
| Cash at bank and in hand | 54/58 | €109,783 | €85,287 | -€24,496 | -22.3% |
| Deferred charges and accrued income | 490/1 | €849 | €881 | +€32 | +3.7% |
| Total equity and liabilities | 10/49 | €231,065 | €165,172 | -€65,893 | -28.5% |
| Equity | 10/15 | €97,287 | €121,005 | +€23,717 | +24.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €94,287 | €118,005 | +€23,717 | +25.2% |
| Distributable reserves | 133 | €94,287 | €118,005 | +€23,717 | +25.2% |
| Amounts payable | 17/49 | €133,778 | €44,167 | -€89,611 | -67.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €133,778 | €44,167 | -€89,611 | -67.0% |
| Current portion of amounts payable after more than one year | 42 | €76,000 | €0 | -€76,000 | -100% |
| Trade debts | 44 | €17,406 | €7,731 | -€9,675 | -55.6% |
| Suppliers | 440/4 | €17,406 | €7,731 | -€9,675 | -55.6% |
| Taxes, remuneration and social security | 45 | €39,595 | €33,992 | -€5,603 | -14.2% |
| Taxes | 450/3 | €39,595 | €33,992 | -€5,603 | -14.2% |
| Other amounts payable | 47/48 | €777 | €2,444 | +€1,667 | +214% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,065 | €22,116 | +€1,052 | +5.0% |
| Other operating charges | 640/8 | €866 | €813 | -€54 | -6.2% |
| Gross operating margin | 9900 | €77,754 | €57,227 | -€20,528 | -26.4% |
| Operating profit (loss) | 9901 | €55,824 | €34,298 | -€21,526 | -38.6% |
| Financial income | 75/76B | €10 | €1 | -€9 | -89.5% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -89.5% |
| Financial charges | 65/66B | €55 | €108 | +€54 | +97.8% |
| Recurring financial charges | 65 | €55 | €108 | +€54 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | €55,778 | €34,190 | -€21,588 | -38.7% |
| Income taxes | 67/77 | €15,932 | €10,473 | -€5,459 | -34.3% |
| Profit (loss) for the period | 9904 | €39,846 | €23,717 | -€16,129 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,846 | €23,717 | -€16,129 | -40.5% |
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 22 October 2026 via checked.be.