Monumentum: 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.
Monumentum
Largest movements
- Cash -€32,464
down €32,464 (-91.2%), from €35,604 to €3,141
mainly Net result for the year (-€33,361) and Debts after one year (-€14,756)
- Tangible fixed assets -€17,205
down €17,205 (-1.8%), from €960,303 to €943,098
of which Other tangible fixed assets: -€24,657
- Profit (loss) carried forward -€33,361
down €33,361 (-8.6%), from -€390,075 to -€423,436
- Debts after one year -€14,756
down €14,756 (-2.1%), from €697,013 to €682,256
of which Financial debts: -€44,709
- Gross operating margin -€16,939
down €16,939 (-54.6%), from €31,005 to €14,066
- Write-downs -€7,661
no longer reported in 2025 (was €7,661)
- Depreciation -€6,236
down €6,236 (-18.3%), from €34,115 to €27,879
- Financial charges -€999
down €999 (-5.9%), from €17,004 to €16,005
- Financial income -€720
down €720 (-81.6%), from €883 to €163
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 | €1,005,959 | €946,833 | -€59,126 | -5.9% |
| Fixed assets | 21/28 | €960,303 | €943,098 | -€17,205 | -1.8% |
| Tangible fixed assets | 22/27 | €960,303 | €943,098 | -€17,205 | -1.8% |
| Plant, machinery and equipment | 23 | €1,741 | €1,202 | -€540 | -31.0% |
| Furniture and vehicles | 24 | €8,053 | €16,045 | +€7,991 | +99.2% |
| Other tangible fixed assets | 26 | €950,509 | €925,852 | -€24,657 | -2.6% |
| Current assets | 29/58 | €45,656 | €3,735 | -€41,921 | -91.8% |
| Stocks and contracts in progress | 3 | €8,620 | - | -€8,620 | |
| Stocks | 30/36 | €8,620 | - | -€8,620 | |
| Amounts receivable within one year | 40/41 | €1,173 | €164 | -€1,008 | -86.0% |
| Trade receivables | 40 | €140 | - | -€140 | |
| Other amounts receivable | 41 | €1,033 | €164 | -€868 | -84.1% |
| Cash at bank and in hand | 54/58 | €35,604 | €3,141 | -€32,464 | -91.2% |
| Deferred charges and accrued income | 490/1 | €259 | €430 | +€171 | +65.9% |
| Total equity and liabilities | 10/49 | €1,005,959 | €946,833 | -€59,126 | -5.9% |
| Equity | 10/15 | €274,493 | €235,983 | -€38,510 | -14.0% |
| Contributions | 10/11 | €102,000 | €102,000 | = | 0.0% |
| Revaluation surpluses | 12 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€390,075 | -€423,436 | -€33,361 | -8.6% |
| Investment grants | 15 | €62,567 | €57,418 | -€5,149 | -8.2% |
| Amounts payable | 17/49 | €731,467 | €710,851 | -€20,616 | -2.8% |
| Amounts payable after more than one year | 17 | €697,013 | €682,256 | -€14,756 | -2.1% |
| Financial debts | 170/4 | €390,985 | €346,276 | -€44,709 | -11.4% |
| Other amounts payable | 178/9 | €306,028 | €335,981 | +€29,953 | +9.8% |
| Amounts payable within one year | 42/48 | €31,270 | €28,595 | -€2,676 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €22,448 | €23,479 | +€1,032 | +4.6% |
| Trade debts | 44 | €6,657 | €5,031 | -€1,626 | -24.4% |
| Suppliers | 440/4 | €6,657 | €5,031 | -€1,626 | -24.4% |
| Taxes, remuneration and social security | 45 | €2,166 | €84 | -€2,082 | -96.1% |
| Taxes | 450/3 | €2,166 | €84 | -€2,082 | -96.1% |
| Accrued charges and deferred income | 492/3 | €3,184 | - | -€3,184 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,115 | €27,879 | -€6,236 | -18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,661 | - | -€7,661 | |
| Other operating charges | 640/8 | €3,703 | €3,657 | -€46 | -1.2% |
| Gross operating margin | 9900 | €31,005 | €14,066 | -€16,939 | -54.6% |
| Operating profit (loss) | 9901 | -€14,474 | -€17,470 | -€2,996 | -20.7% |
| Financial income | 75/76B | €883 | €163 | -€720 | -81.6% |
| Recurring financial income | 75 | €883 | €163 | -€720 | -81.6% |
| Financial charges | 65/66B | €17,004 | €16,005 | -€999 | -5.9% |
| Recurring financial charges | 65 | €17,004 | €16,005 | -€999 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,594 | -€33,312 | -€2,718 | -8.9% |
| Income taxes | 67/77 | €242 | €49 | -€194 | -79.9% |
| Profit (loss) for the period | 9904 | -€30,837 | -€33,361 | -€2,524 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,837 | -€33,361 | -€2,524 | -8.2% |
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 14 October 2026 via checked.be.