Montrosa: 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.
Montrosa
Largest movements
- Tangible fixed assets -€8,183
down €8,183 (-83.5%), from €9,797 to €1,614
- Receivables within one year -€246
down €246 (-41.1%), from €599 to €353
- Other debts -€5,846
down €5,846 (-38.2%), from €15,298 to €9,452
- Profit (loss) carried forward -€4,526
down €4,526 (-53.6%), from -€8,438 to -€12,965
- Trade debts +€1,465
up €1,465 (+60.2%), from €2,432 to €3,897
- Tax, wage and social debts +€479
up €479 (+43.4%), from €1,104 to €1,583
- Taxes +€126
up €126 (+111%), from €114 to €239
- Gross operating margin +€119
up €119 (+8.6%), from €1,387 to €1,506
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,396 | €1,967 | -€8,429 | -81.1% |
| Fixed assets | 21/28 | €9,797 | €1,614 | -€8,183 | -83.5% |
| Tangible fixed assets | 22/27 | €9,797 | €1,614 | -€8,183 | -83.5% |
| Furniture and vehicles | 24 | €9,797 | €1,614 | -€8,183 | -83.5% |
| Current assets | 29/58 | €599 | €353 | -€246 | -41.1% |
| Amounts receivable within one year | 40/41 | €599 | €353 | -€246 | -41.1% |
| Other amounts receivable | 41 | €599 | €353 | -€246 | -41.1% |
| Total equity and liabilities | 10/49 | €10,396 | €1,967 | -€8,429 | -81.1% |
| Equity | 10/15 | -€8,438 | -€12,965 | -€4,526 | -53.6% |
| Contributions | 10/11 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€8,438 | -€12,965 | -€4,526 | -53.6% |
| Amounts payable | 17/49 | €18,834 | €14,932 | -€3,902 | -20.7% |
| Amounts payable within one year | 42/48 | €18,834 | €14,932 | -€3,902 | -20.7% |
| Trade debts | 44 | €2,432 | €3,897 | +€1,465 | +60.2% |
| Suppliers | 440/4 | €2,432 | €3,897 | +€1,465 | +60.2% |
| Taxes, remuneration and social security | 45 | €1,104 | €1,583 | +€479 | +43.4% |
| Taxes | 450/3 | €1,104 | €1,583 | +€479 | +43.4% |
| Other amounts payable | 47/48 | €15,298 | €9,452 | -€5,846 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,091 | €4,091 | = | 0.0% |
| Gross operating margin | 9900 | €1,387 | €1,506 | +€119 | +8.6% |
| Operating profit (loss) | 9901 | -€2,705 | -€2,586 | +€119 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,705 | -€2,586 | +€119 | +4.4% |
| Income taxes | 67/77 | €114 | €239 | +€126 | +111% |
| Profit (loss) for the period | 9904 | -€2,818 | -€2,825 | -€7 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,818 | -€2,825 | -€7 | -0.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.