MONZOLO: 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.
MONZOLO
Largest movements
- Receivables within one year -€92,414
down €92,414 (-47.7%), from €193,756 to €101,341
of which Trade receivables: -€134,786
- Stocks and contracts +€23,898
up €23,898 (+26.4%), from €90,546 to €114,444
- Cash -€14,545
down €14,545 (-38.3%), from €37,985 to €23,439
mainly Other debts (-€86,570) and Stocks and contracts (-€23,898)
- Other debts -€86,570
down €86,570 (-34.7%), from €249,537 to €162,966
- Advances received -€18,217
no longer reported in 2025 (was €18,217)
- Trade debts +€14,777
up €14,777 (+53.0%), from €27,868 to €42,646
- Reserves +€10,900
new in 2025: €10,900
- Profit (loss) carried forward -€8,686
down €8,686 (-99.9%), from €8,697 to €10
- Staff costs +€18,516
up €18,516 (+286%), from €6,483 to €25,000
- Gross operating margin +€16,883
up €16,883 (+109%), from €15,502 to €32,386
- Financial charges +€2,342
up €2,342 (+657%), from €357 to €2,698
- Other operating charges +€1,179
up €1,179 (+304%), from €387 to €1,567
- Taxes -€1,178
down €1,178 (-56.5%), from €2,086 to €908
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 | €322,286 | €239,225 | -€83,062 | -25.8% |
| Current assets | 29/58 | €322,286 | €239,225 | -€83,062 | -25.8% |
| Stocks and contracts in progress | 3 | €90,546 | €114,444 | +€23,898 | +26.4% |
| Stocks | 30/36 | €90,546 | €114,444 | +€23,898 | +26.4% |
| Amounts receivable within one year | 40/41 | €193,756 | €101,341 | -€92,414 | -47.7% |
| Trade receivables | 40 | €168,616 | €33,830 | -€134,786 | -79.9% |
| Other amounts receivable | 41 | €25,140 | €67,512 | +€42,372 | +169% |
| Cash at bank and in hand | 54/58 | €37,985 | €23,439 | -€14,545 | -38.3% |
| Total equity and liabilities | 10/49 | €322,286 | €239,225 | -€83,062 | -25.8% |
| Equity | 10/15 | €10,197 | €12,410 | +€2,214 | +21.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €10,900 | +€10,900 | |
| Distributable reserves | 133 | - | €10,900 | +€10,900 | |
| Profit (loss) carried forward | 14 | €8,697 | €10 | -€8,686 | -99.9% |
| Amounts payable | 17/49 | €312,090 | €226,814 | -€85,276 | -27.3% |
| Amounts payable within one year | 42/48 | €312,090 | €226,814 | -€85,276 | -27.3% |
| Trade debts | 44 | €27,868 | €42,646 | +€14,777 | +53.0% |
| Suppliers | 440/4 | €27,868 | €42,646 | +€14,777 | +53.0% |
| Advances received on contracts in progress | 46 | €18,217 | - | -€18,217 | |
| Taxes, remuneration and social security | 45 | €16,468 | €21,202 | +€4,734 | +28.7% |
| Taxes | 450/3 | €16,413 | €14,293 | -€2,120 | -12.9% |
| Remuneration and social security | 454/9 | €55 | €6,909 | +€6,854 | +12,529% |
| Other amounts payable | 47/48 | €249,537 | €162,966 | -€86,570 | -34.7% |
| Remuneration, social security and pensions | 62 | €6,483 | €25,000 | +€18,516 | +286% |
| Other operating charges | 640/8 | €387 | €1,567 | +€1,179 | +304% |
| Gross operating margin | 9900 | €15,502 | €32,386 | +€16,883 | +109% |
| Operating profit (loss) | 9901 | €8,631 | €5,819 | -€2,812 | -32.6% |
| Financial income | 75/76B | €69 | €1 | -€68 | -99.1% |
| Recurring financial income | 75 | €69 | €1 | -€68 | -99.1% |
| Financial charges | 65/66B | €357 | €2,698 | +€2,342 | +657% |
| Recurring financial charges | 65 | €357 | €2,698 | +€2,342 | +657% |
| Profit (loss) for the period before taxes | 9903 | €8,344 | €3,121 | -€5,222 | -62.6% |
| Income taxes | 67/77 | €2,086 | €908 | -€1,178 | -56.5% |
| Profit (loss) for the period | 9904 | €6,258 | €2,214 | -€4,044 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,258 | €2,214 | -€4,044 | -64.6% |
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 16 October 2026 via checked.be.