Montrachet: 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.
Montrachet
Largest movements
- Receivables after one year +€43,974
new in 2025: €43,974
- Receivables within one year -€28,466
down €28,466 (-43.4%), from €65,648 to €37,182
of which Trade receivables: -€24,710
- Cash +€1,692
up €1,692 (+278%), from €609 to €2,301
mainly Receivables within one year (+€28,466) and Net result for the year (+€22,873)
- Profit (loss) carried forward +€22,873
up €22,873 (+61.6%), from €37,126 to €59,998
- Tax, wage and social debts -€18,844
down €18,844 (-71.8%), from €26,227 to €7,384
- Trade debts +€13,170
up €13,170 (+1,456%), from €905 to €14,075
- Gross operating margin -€22,347
down €22,347 (-43.4%), from €51,461 to €29,114
- Taxes -€6,824
down €6,824 (-53.2%), from €12,818 to €5,994
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 | €66,257 | €83,456 | +€17,199 | +26.0% |
| Current assets | 29/58 | €66,257 | €83,456 | +€17,199 | +26.0% |
| Amounts receivable after more than one year | 29 | - | €43,974 | +€43,974 | |
| Other amounts receivable | 291 | - | €43,974 | +€43,974 | |
| Amounts receivable within one year | 40/41 | €65,648 | €37,182 | -€28,466 | -43.4% |
| Trade receivables | 40 | €61,710 | €37,000 | -€24,710 | -40.0% |
| Other amounts receivable | 41 | €3,938 | €182 | -€3,756 | -95.4% |
| Cash at bank and in hand | 54/58 | €609 | €2,301 | +€1,692 | +278% |
| Total equity and liabilities | 10/49 | €66,257 | €83,456 | +€17,199 | +26.0% |
| Equity | 10/15 | €39,126 | €61,998 | +€22,873 | +58.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,126 | €59,998 | +€22,873 | +61.6% |
| Amounts payable | 17/49 | €27,132 | €21,458 | -€5,674 | -20.9% |
| Amounts payable within one year | 42/48 | €27,132 | €21,458 | -€5,674 | -20.9% |
| Trade debts | 44 | €905 | €14,075 | +€13,170 | +1,456% |
| Suppliers | 440/4 | €905 | €14,075 | +€13,170 | +1,456% |
| Taxes, remuneration and social security | 45 | €26,227 | €7,384 | -€18,844 | -71.8% |
| Taxes | 450/3 | €26,227 | €7,384 | -€18,844 | -71.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €51,461 | €29,114 | -€22,347 | -43.4% |
| Operating profit (loss) | 9901 | €51,399 | €29,052 | -€22,347 | -43.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €364 | €185 | -€178 | -49.0% |
| Recurring financial charges | 65 | €364 | €185 | -€178 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €51,035 | €28,867 | -€22,168 | -43.4% |
| Income taxes | 67/77 | €12,818 | €5,994 | -€6,824 | -53.2% |
| Profit (loss) for the period | 9904 | €38,217 | €22,873 | -€15,344 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,217 | €22,873 | -€15,344 | -40.2% |
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 25 October 2026 via checked.be.