MONTUNIL: 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.
MONTUNIL
Largest movements
- Cash -€4,642
down €4,642 (-23.9%), from €19,463 to €14,821
mainly Other debts (-€2,641) and Tax, wage and social debts (-€2,201)
- Tangible fixed assets -€1,079
down €1,079 (-10.9%), from €9,877 to €8,798
of which Furniture and vehicles: -€947
- Other debts -€2,641
down €2,641 (-10.6%), from €24,885 to €22,243
- Tax, wage and social debts -€2,201
down €2,201 (-93.2%), from €2,361 to €160
of which Remuneration and social security: -€2,208
- Profit (loss) carried forward -€698
down €698 (-4.2%), from -€16,425 to -€17,122
- Gross operating margin +€6,614
up €6,614, from -€5,557 to €1,058
- Depreciation -€4,638
down €4,638 (-81.1%), from €5,717 to €1,079
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,590 | €33,768 | -€5,821 | -14.7% |
| Fixed assets | 21/28 | €9,937 | €8,858 | -€1,079 | -10.9% |
| Tangible fixed assets | 22/27 | €9,877 | €8,798 | -€1,079 | -10.9% |
| Plant, machinery and equipment | 23 | €475 | €343 | -€132 | -27.8% |
| Furniture and vehicles | 24 | €9,402 | €8,455 | -€947 | -10.1% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €29,652 | €24,910 | -€4,742 | -16.0% |
| Amounts receivable within one year | 40/41 | €9,066 | €9,050 | -€16 | -0.2% |
| Trade receivables | 40 | €9,000 | €9,000 | = | 0.0% |
| Other amounts receivable | 41 | €66 | €50 | -€16 | -24.4% |
| Cash at bank and in hand | 54/58 | €19,463 | €14,821 | -€4,642 | -23.9% |
| Deferred charges and accrued income | 490/1 | €1,123 | €1,039 | -€84 | -7.5% |
| Total equity and liabilities | 10/49 | €39,590 | €33,768 | -€5,821 | -14.7% |
| Equity | 10/15 | -€8,563 | -€9,261 | -€698 | -8.1% |
| Contributions | 10/11 | €2,550 | €2,550 | = | 0.0% |
| Reserves | 13 | €5,312 | €5,312 | = | 0.0% |
| Distributable reserves | 133 | €5,312 | €5,312 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,425 | -€17,122 | -€698 | -4.2% |
| Amounts payable | 17/49 | €48,152 | €43,029 | -€5,123 | -10.6% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,458 | €22,493 | -€4,965 | -18.1% |
| Trade debts | 44 | €213 | €90 | -€123 | -57.6% |
| Suppliers | 440/4 | €213 | €90 | -€123 | -57.6% |
| Taxes, remuneration and social security | 45 | €2,361 | €160 | -€2,201 | -93.2% |
| Taxes | 450/3 | €153 | €160 | +€7 | +4.4% |
| Remuneration and social security | 454/9 | €2,208 | - | -€2,208 | |
| Other amounts payable | 47/48 | €24,885 | €22,243 | -€2,641 | -10.6% |
| Accrued charges and deferred income | 492/3 | €694 | €536 | -€158 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,717 | €1,079 | -€4,638 | -81.1% |
| Other operating charges | 640/8 | €407 | €415 | +€8 | +1.9% |
| Gross operating margin | 9900 | -€5,557 | €1,058 | +€6,614 | |
| Operating profit (loss) | 9901 | -€11,681 | -€437 | +€11,244 | +96.3% |
| Financial charges | 65/66B | €85 | €107 | +€22 | +26.2% |
| Recurring financial charges | 65 | €85 | €107 | +€22 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,766 | -€543 | +€11,222 | +95.4% |
| Income taxes | 67/77 | €153 | €155 | +€1 | +0.9% |
| Profit (loss) for the period | 9904 | -€11,919 | -€698 | +€11,221 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,919 | -€698 | +€11,221 | +94.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.