MOUNACAR: 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.
MOUNACAR
Largest movements
- Cash -€105,930
down €105,930 (-90.9%), from €116,474 to €10,544
mainly Net result for the year (-€142,456) and Trade debts (-€14,130)
- Tangible fixed assets -€11,279
down €11,279 (-55.5%), from €20,312 to €9,033
- Receivables within one year -€4,752
no longer reported in 2025 (was €4,752)
- Profit (loss) carried forward -€142,456
down €142,456, from €106,889 to -€35,567
- Tax, wage and social debts +€15,956
up €15,956 (+191%), from €8,352 to €24,308
of which Remuneration and social security: +€11,212
- Trade debts -€14,130
down €14,130 (-58.9%), from €23,982 to €9,852
- Debts after one year +€11,475
new in 2025: €11,475
- Current portion of long-term debt +€6,792
new in 2025: €6,792
- Gross operating margin -€130,244
down €130,244, from €31,958 to -€98,286
- Staff costs -€16,507
down €16,507 (-59.6%), from €27,719 to €11,212
- Taxes +€12,269
up €12,269 (+374%), from €3,285 to €15,554
- Financial charges +€3,584
up €3,584 (+1,025%), from €350 to €3,934
- Financial income -€1,953
no longer reported in 2025 (was €1,953)
of which Financial income: -€1,953
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 | €153,059 | €30,156 | -€122,903 | -80.3% |
| Fixed assets | 21/28 | €31,453 | €19,611 | -€11,842 | -37.6% |
| Intangible fixed assets | 21 | €991 | €428 | -€563 | -56.8% |
| Tangible fixed assets | 22/27 | €20,312 | €9,033 | -€11,279 | -55.5% |
| Furniture and vehicles | 24 | €20,312 | €9,033 | -€11,279 | -55.5% |
| Financial fixed assets | 28 | €10,150 | €10,150 | = | 0.0% |
| Current assets | 29/58 | €121,606 | €10,544 | -€111,061 | -91.3% |
| Amounts receivable within one year | 40/41 | €4,752 | - | -€4,752 | |
| Trade receivables | 40 | €4,752 | - | -€4,752 | |
| Cash at bank and in hand | 54/58 | €116,474 | €10,544 | -€105,930 | -90.9% |
| Deferred charges and accrued income | 490/1 | €379 | - | -€379 | |
| Total equity and liabilities | 10/49 | €153,059 | €30,156 | -€122,903 | -80.3% |
| Equity | 10/15 | €120,184 | -€22,272 | -€142,456 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €895 | €895 | = | 0.0% |
| Non-distributable reserves | 130/1 | €895 | €895 | = | 0.0% |
| Reserves not available under the articles | 1311 | €895 | €895 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,889 | -€35,567 | -€142,456 | |
| Amounts payable | 17/49 | €32,874 | €52,427 | +€19,553 | +59.5% |
| Amounts payable after more than one year | 17 | - | €11,475 | +€11,475 | |
| Financial debts | 170/4 | - | €11,475 | +€11,475 | |
| Amounts payable within one year | 42/48 | €32,874 | €40,953 | +€8,078 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,792 | +€6,792 | |
| Trade debts | 44 | €23,982 | €9,852 | -€14,130 | -58.9% |
| Suppliers | 440/4 | €23,982 | €9,852 | -€14,130 | -58.9% |
| Taxes, remuneration and social security | 45 | €8,352 | €24,308 | +€15,956 | +191% |
| Taxes | 450/3 | €2,405 | €7,149 | +€4,744 | +197% |
| Remuneration and social security | 454/9 | €5,947 | €17,159 | +€11,212 | +189% |
| Other amounts payable | 47/48 | €540 | - | -€540 | |
| Remuneration, social security and pensions | 62 | €27,719 | €11,212 | -€16,507 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,030 | €11,842 | -€188 | -1.6% |
| Non-recurring operating charges | 66A | €4,676 | €1,629 | -€3,047 | -65.2% |
| Gross operating margin | 9900 | €31,958 | -€98,286 | -€130,244 | |
| Operating profit (loss) | 9901 | -€12,467 | -€122,968 | -€110,502 | -886% |
| Financial income | 75/76B | €1,953 | - | -€1,953 | |
| Recurring financial income | 75 | €1,953 | - | -€1,953 | |
| Non-recurring financial income | 76B | €1,953 | - | -€1,953 | |
| Financial charges | 65/66B | €350 | €3,934 | +€3,584 | +1,025% |
| Recurring financial charges | 65 | €350 | €3,934 | +€3,584 | +1,025% |
| Profit (loss) for the period before taxes | 9903 | -€10,864 | -€126,902 | -€116,038 | -1,068% |
| Income taxes | 67/77 | €3,285 | €15,554 | +€12,269 | +374% |
| Profit (loss) for the period | 9904 | -€14,148 | -€142,456 | -€128,308 | -907% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,148 | -€142,456 | -€128,308 | -907% |
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 24 October 2026 via checked.be.