Monticelli & C°: 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.
Monticelli & C°
Largest movements
- Tangible fixed assets -€19,148
down €19,148 (-21.1%), from €90,812 to €71,664
- Receivables within one year +€5,928
up €5,928 (+34.9%), from €16,966 to €22,894
of which Trade receivables: +€6,560
- Cash +€4,361
up €4,361 (+50.3%), from €8,666 to €13,027
mainly Depreciation (+€19,149) and Net result for the year (+€5,648)
- Other debts -€15,458
down €15,458 (-23.8%), from €64,855 to €49,397
- Profit (loss) carried forward +€5,648
up €5,648 (+26.4%), from -€21,413 to -€15,765
- Trade debts +€5,503
up €5,503 (+58.9%), from €9,339 to €14,842
- Debts after one year -€5,122
down €5,122 (-60.7%), from €8,440 to €3,318
- Tax, wage and social debts +€1,628
up €1,628 (+10.4%), from €15,613 to €17,241
of which Remuneration and social security: +€1,286
- Turnover +€436,751
new in 2024: €436,751
- Purchases and services +€389,758
new in 2024: €389,758
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,993 | €123,933 | -€8,060 | -6.1% |
| Fixed assets | 21/28 | €91,260 | €72,112 | -€19,148 | -21.0% |
| Tangible fixed assets | 22/27 | €90,812 | €71,664 | -€19,148 | -21.1% |
| Plant, machinery and equipment | 23 | €12,192 | €3,604 | -€8,588 | -70.4% |
| Furniture and vehicles | 24 | €3,721 | €2,653 | -€1,068 | -28.7% |
| Leasing and similar rights | 25 | €17,363 | €15,262 | -€2,101 | -12.1% |
| Other tangible fixed assets | 26 | €57,537 | €50,145 | -€7,392 | -12.8% |
| Financial fixed assets | 28 | €448 | €448 | +€0 | 0.0% |
| Current assets | 29/58 | €40,733 | €51,821 | +€11,088 | +27.2% |
| Stocks and contracts in progress | 3 | €14,900 | €15,900 | +€1,000 | +6.7% |
| Stocks | 30/36 | €14,900 | €15,900 | +€1,000 | +6.7% |
| Amounts receivable within one year | 40/41 | €16,966 | €22,894 | +€5,928 | +34.9% |
| Trade receivables | 40 | €16,334 | €22,894 | +€6,560 | +40.2% |
| Other amounts receivable | 41 | €633 | €0 | -€633 | -100% |
| Cash at bank and in hand | 54/58 | €8,666 | €13,027 | +€4,361 | +50.3% |
| Deferred charges and accrued income | 490/1 | €201 | - | -€201 | |
| Total equity and liabilities | 10/49 | €131,993 | €123,933 | -€8,060 | -6.1% |
| Equity | 10/15 | €28,366 | €34,013 | +€5,647 | +19.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €47,278 | €47,278 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €47,278 | €47,278 | -€0 | 0.0% |
| Other | 1319 | €47,278 | €47,278 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€21,413 | -€15,765 | +€5,648 | +26.4% |
| Amounts payable | 17/49 | €103,627 | €89,920 | -€13,707 | -13.2% |
| Amounts payable after more than one year | 17 | €8,440 | €3,318 | -€5,122 | -60.7% |
| Financial debts | 170/4 | €8,440 | €3,318 | -€5,122 | -60.7% |
| Amounts payable within one year | 42/48 | €95,188 | €86,602 | -€8,586 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €5,381 | €5,122 | -€259 | -4.8% |
| Trade debts | 44 | €9,339 | €14,842 | +€5,503 | +58.9% |
| Suppliers | 440/4 | €9,339 | €14,842 | +€5,503 | +58.9% |
| Taxes, remuneration and social security | 45 | €15,613 | €17,241 | +€1,628 | +10.4% |
| Taxes | 450/3 | €2,958 | €3,300 | +€342 | +11.6% |
| Remuneration and social security | 454/9 | €12,655 | €13,941 | +€1,286 | +10.2% |
| Other amounts payable | 47/48 | €64,855 | €49,397 | -€15,458 | -23.8% |
| Turnover | 70 | - | €436,751 | +€436,751 | |
| Non-recurring operating income | 76A | €11,512 | - | -€11,512 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €389,758 | +€389,758 | |
| Remuneration, social security and pensions | 62 | €14,839 | €17,235 | +€2,396 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,149 | €19,149 | +€0 | 0.0% |
| Other operating charges | 640/8 | €323 | €372 | +€49 | +15.1% |
| Non-recurring operating charges | 66A | €6,376 | - | -€6,376 | |
| Gross operating margin | 9900 | €46,283 | €48,173 | +€1,890 | +4.1% |
| Operating profit (loss) | 9901 | €5,596 | €11,417 | +€5,821 | +104% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €5,390 | €4,087 | -€1,303 | -24.2% |
| Recurring financial charges | 65 | €1,579 | €4,087 | +€2,508 | +159% |
| Non-recurring financial charges | 66B | €3,811 | - | -€3,811 | |
| Profit (loss) for the period before taxes | 9903 | €208 | €7,330 | +€7,122 | +3,426% |
| Income taxes | 67/77 | - | €1,682 | +€1,682 | |
| Profit (loss) for the period | 9904 | €208 | €5,648 | +€5,440 | +2,617% |
| Profit (loss) for the period to be appropriated | 9905 | €208 | €5,648 | +€5,440 | +2,617% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.