Montis: 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.
Montis
Largest movements
- Tangible fixed assets -€15,823
down €15,823 (-3.5%), from €454,480 to €438,657
of which Land and buildings: -€31,324
- Receivables within one year +€6,542
up €6,542 (+23.4%), from €27,983 to €34,525
of which Trade receivables: +€7,935
- Reserves +€29,615
up €29,615 (+22.5%), from €131,689 to €161,304
of which Distributable reserves: +€29,615
- Other debts -€24,358
down €24,358 (-100%), from €24,358 to €0
- Debts after one year -€13,913
down €13,913 (-7.6%), from €183,859 to €169,946
- Tax, wage and social debts -€10,465
down €10,465 (-38.8%), from €26,954 to €16,490
- Accrued charges and deferred income +€7,077
new in 2025: €7,077
- Gross operating margin -€18,825
down €18,825 (-17.6%), from €106,827 to €88,002
- Taxes -€6,913
down €6,913 (-35.7%), from €19,369 to €12,455
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 | €495,376 | €486,134 | -€9,242 | -1.9% |
| Fixed assets | 21/28 | €456,719 | €439,296 | -€17,423 | -3.8% |
| Intangible fixed assets | 21 | €2,239 | €640 | -€1,599 | -71.4% |
| Tangible fixed assets | 22/27 | €454,480 | €438,657 | -€15,823 | -3.5% |
| Land and buildings | 22 | €445,319 | €413,994 | -€31,324 | -7.0% |
| Plant, machinery and equipment | 23 | €8,204 | €7,512 | -€692 | -8.4% |
| Furniture and vehicles | 24 | €958 | €17,150 | +€16,193 | +1,691% |
| Current assets | 29/58 | €38,657 | €46,837 | +€8,180 | +21.2% |
| Amounts receivable within one year | 40/41 | €27,983 | €34,525 | +€6,542 | +23.4% |
| Trade receivables | 40 | €21,310 | €29,245 | +€7,935 | +37.2% |
| Other amounts receivable | 41 | €6,674 | €5,280 | -€1,394 | -20.9% |
| Cash at bank and in hand | 54/58 | €9,183 | €9,858 | +€675 | +7.3% |
| Deferred charges and accrued income | 490/1 | €1,491 | €2,455 | +€964 | +64.7% |
| Total equity and liabilities | 10/49 | €495,376 | €486,134 | -€9,242 | -1.9% |
| Equity | 10/15 | €233,537 | €263,152 | +€29,615 | +12.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €131,689 | €161,304 | +€29,615 | +22.5% |
| Tax-exempt reserves | 132 | €6,893 | €6,893 | = | 0.0% |
| Distributable reserves | 133 | €124,796 | €154,411 | +€29,615 | +23.7% |
| Profit (loss) carried forward | 14 | €1,848 | €1,848 | = | 0.0% |
| Amounts payable | 17/49 | €261,839 | €222,981 | -€38,857 | -14.8% |
| Amounts payable after more than one year | 17 | €183,859 | €169,946 | -€13,913 | -7.6% |
| Financial debts | 170/4 | €183,859 | €169,946 | -€13,913 | -7.6% |
| Amounts payable within one year | 42/48 | €77,980 | €45,959 | -€32,021 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €18,657 | €24,943 | +€6,286 | +33.7% |
| Trade debts | 44 | €8,010 | €4,526 | -€3,484 | -43.5% |
| Suppliers | 440/4 | €8,010 | €4,526 | -€3,484 | -43.5% |
| Taxes, remuneration and social security | 45 | €26,954 | €16,490 | -€10,465 | -38.8% |
| Taxes | 450/3 | €26,954 | €16,490 | -€10,465 | -38.8% |
| Other amounts payable | 47/48 | €24,358 | €0 | -€24,358 | -100% |
| Accrued charges and deferred income | 492/3 | - | €7,077 | +€7,077 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,379 | €37,009 | +€630 | +1.7% |
| Other operating charges | 640/8 | €4,382 | €4,699 | +€317 | +7.2% |
| Gross operating margin | 9900 | €106,827 | €88,002 | -€18,825 | -17.6% |
| Operating profit (loss) | 9901 | €66,065 | €46,293 | -€19,772 | -29.9% |
| Financial income | 75/76B | €18 | €47 | +€29 | +165% |
| Recurring financial income | 75 | €18 | €47 | +€29 | +165% |
| Financial charges | 65/66B | €4,145 | €4,270 | +€125 | +3.0% |
| Recurring financial charges | 65 | €4,145 | €4,270 | +€125 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €61,938 | €42,070 | -€19,868 | -32.1% |
| Income taxes | 67/77 | €19,369 | €12,455 | -€6,913 | -35.7% |
| Profit (loss) for the period | 9904 | €42,569 | €29,615 | -€12,955 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,569 | €29,615 | -€12,955 | -30.4% |
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 25 October 2026 via checked.be.