MONTIMMO: 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.
What changed
MONTIMMO
NACE 70.100, Activities of head offices
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€132,499
2024 · €29,636-€162,135
Equity
€17,461
2024 · €149,959-€132,499
Cash
€3,302
2024 · €10,422-€7,121
Balance sheet total
€1.0m
2024 · €990,698+€19,790
Largest movements
Assets
- Tangible fixed assets +€29,901
up €29,901 (+3.6%), from €835,090 to €864,992
of which Plant, machinery and equipment: +€17,142
Equity and liabilities
- Profit (loss) carried forward -€132,499
down €132,499 (-266.2%), from -€49,782 to -€182,281
- Other debts +€118,261
up €118,261 (+43.9%), from €269,487 to €387,748
- Trade debts +€18,081
up €18,081, from €0 to €18,081
- Current portion of long-term debt +€16,074
up €16,074 (+29.2%), from €54,980 to €71,055
Income statement
- Gross operating margin -€179,041
down €179,041, from €148,894 to -€30,147
- Other operating charges +€10,235
up €10,235 (+247.9%), from €4,128 to €14,363
- Depreciation -€3,503
down €3,503 (-6.0%), from €58,708 to €55,205
- Financial charges +€1,896
up €1,896 (+6.3%), from €30,286 to €32,182
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.
Result 2024
€29,636
Gross operating margin
-€179,041
Staff costs
-€323
Depreciation
+€3,503
Other operating charges
-€10,235
Other operating items
-€602
Financial income
-€13
Financial charges
-€1,896
Deferred taxes and other
+€26,472
Result 2025
-€132,499
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.
From operations
+€52,961
Investment
-€84,147
Financing
+€24,065
Cash 2024
€10,422
From operations (derived)
+€52,961
Net result for the year
-€132,499
Depreciation
+€55,205
Receivables within one year
+€2,361
Deferred charges and accrued income
-€330
Trade debts
+€18,081
Tax, wage and social debts
-€2,021
Other debts
+€118,261
Accrued charges and deferred income
-€6,097
Investment (derived)
-€84,147
Investment in fixed assets (net)
-€84,147
Financing
+€24,065
Debts after one year
+€7,991
Current portion of long-term debt
+€16,074
Cash 2025
€3,302
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €990,698 | €1,010,487 | +€19,790 | +2.0% |
| Fixed assets | 21/28 | €836,050 | €864,992 | +€28,941 | +3.5% |
| Tangible fixed assets | 22/27 | €835,090 | €864,992 | +€29,901 | +3.6% |
| Land and buildings | 22 | €747,466 | €750,348 | +€2,883 | +0.4% |
| Plant, machinery and equipment | 23 | €39,697 | €56,839 | +€17,142 | +43.2% |
| Furniture and vehicles | 24 | €47,928 | €57,805 | +€9,877 | +20.6% |
| Financial fixed assets | 28 | €960 | €0 | -€960 | -100.0% |
| Current assets | 29/58 | €154,647 | €145,496 | -€9,152 | -5.9% |
| Amounts receivable within one year | 40/41 | €144,225 | €141,864 | -€2,361 | -1.6% |
| Trade receivables | 40 | €144,225 | €141,364 | -€2,861 | -2.0% |
| Other amounts receivable | 41 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €10,422 | €3,302 | -€7,121 | -68.3% |
| Deferred charges and accrued income | 490/1 | €0 | €330 | +€330 | |
| Total equity and liabilities | 10/49 | €990,698 | €1,010,487 | +€19,790 | +2.0% |
| Equity | 10/15 | €149,959 | €17,461 | -€132,499 | -88.4% |
| Contributions | 10/11 | €27,270 | €27,270 | = | 0.0% |
| Revaluation surpluses | 12 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €97,471 | €97,471 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,417 | €79,417 | = | 0.0% |
| Distributable reserves | 133 | €18,054 | €18,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,782 | -€182,281 | -€132,499 | -266.2% |
| Provisions and deferred taxes | 16 | €26,472 | €26,472 | = | 0.0% |
| Deferred taxes | 168 | €26,472 | €26,472 | = | 0.0% |
| Amounts payable | 17/49 | €814,266 | €966,554 | +€152,288 | +18.7% |
| Amounts payable after more than one year | 17 | €477,146 | €485,137 | +€7,991 | +1.7% |
| Financial debts | 170/4 | €477,146 | €485,137 | +€7,991 | +1.7% |
| Amounts payable within one year | 42/48 | €326,488 | €476,883 | +€150,395 | +46.1% |
| Current portion of amounts payable after more than one year | 42 | €54,980 | €71,055 | +€16,074 | +29.2% |
| Trade debts | 44 | €0 | €18,081 | +€18,081 | |
| Suppliers | 440/4 | €0 | €18,081 | +€18,081 | |
| Taxes, remuneration and social security | 45 | €2,021 | €0 | -€2,021 | -100.0% |
| Taxes | 450/3 | €2,021 | €0 | -€2,021 | -100.0% |
| Other amounts payable | 47/48 | €269,487 | €387,748 | +€118,261 | +43.9% |
| Accrued charges and deferred income | 492/3 | €10,632 | €4,534 | -€6,097 | -57.3% |
| Remuneration, social security and pensions | 62 | -€323 | €0 | +€323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,708 | €55,205 | -€3,503 | -6.0% |
| Other operating charges | 640/8 | €4,128 | €14,363 | +€10,235 | +247.9% |
| Non-recurring operating charges | 66A | - | €602 | +€602 | |
| Gross operating margin | 9900 | €148,894 | -€30,147 | -€179,041 | |
| Operating profit (loss) | 9901 | €86,381 | -€100,317 | -€186,699 | |
| Financial income | 75/76B | €13 | €0 | -€13 | -100.0% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100.0% |
| Financial charges | 65/66B | €30,286 | €32,182 | +€1,896 | +6.3% |
| Recurring financial charges | 65 | €30,286 | €32,182 | +€1,896 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €56,108 | -€132,499 | -€188,607 | |
| Transfer to deferred taxes | 680 | €26,472 | €0 | -€26,472 | -100.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €29,636 | -€132,499 | -€162,135 | |
| Transfer to tax-exempt reserves | 689 | €79,417 | €0 | -€79,417 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,782 | -€132,499 | -€82,717 | -166.2% |
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 10 October 2026 via checked.be.