Munico: 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.
Munico
Largest movements
- Receivables after one year +€3.4m
new in 2025: €3.4m
- Receivables within one year +€2.3m
up €2.3m (+38,824%), from €6,050 to €2.4m
of which Other amounts receivable: +€2.3m
- Financial fixed assets -€1.7m
down €1.7m (-34.5%), from €4.9m to €3.2m
- Cash +€260,856
up €260,856 (+68.4%), from €381,180 to €642,035
mainly Net result for the year (+€5.8m) and Other debts (+€2.4m)
- Other debts +€2.4m
up €2.4m (+2,170%), from €110,115 to €2.5m
- Debts after one year +€1.8m
up €1.8m (+58.4%), from €3.1m to €4.9m
- Financial income +€5.3m
up €5.3m (+1,078%), from €493,000 to €5.8m
- Gross operating margin +€47,446
up €47,446 (+110%), from €43,271 to €90,717
- Financial charges -€9,156
down €9,156 (-14.3%), from €63,993 to €54,837
- Other operating charges +€1,220
up €1,220 (+927%), from €132 to €1,352
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 | €5,255,876 | €9,555,094 | +€4.3m | +81.8% |
| Fixed assets | 21/28 | €4,868,646 | €3,189,803 | -€1.7m | -34.5% |
| Financial fixed assets | 28 | €4,868,646 | €3,189,803 | -€1.7m | -34.5% |
| Current assets | 29/58 | €387,230 | €6,365,291 | +€6.0m | +1,544% |
| Amounts receivable after more than one year | 29 | - | €3,368,380 | +€3.4m | |
| Other amounts receivable | 291 | - | €3,368,380 | +€3.4m | |
| Amounts receivable within one year | 40/41 | €6,050 | €2,354,876 | +€2.3m | +38,824% |
| Trade receivables | 40 | €6,050 | €59,290 | +€53,240 | +880% |
| Other amounts receivable | 41 | - | €2,295,586 | +€2.3m | |
| Cash at bank and in hand | 54/58 | €381,180 | €642,035 | +€260,856 | +68.4% |
| Total equity and liabilities | 10/49 | €5,255,876 | €9,555,094 | +€4.3m | +81.8% |
| Equity | 10/15 | €1,993,500 | €2,000,400 | +€6,901 | +0.3% |
| Contributions | 10/11 | €1,460,594 | €1,460,594 | = | 0.0% |
| Reserves | 13 | €60,759 | €67,660 | +€6,901 | +11.4% |
| Distributable reserves | 133 | €60,759 | €67,660 | +€6,901 | +11.4% |
| Profit (loss) carried forward | 14 | €472,146 | €472,146 | = | 0.0% |
| Amounts payable | 17/49 | €3,262,376 | €7,554,693 | +€4.3m | +132% |
| Amounts payable after more than one year | 17 | €3,084,143 | €4,883,758 | +€1.8m | +58.4% |
| Financial debts | 170/4 | €3,084,143 | €4,883,758 | +€1.8m | +58.4% |
| Amounts payable within one year | 42/48 | €114,348 | €2,552,353 | +€2.4m | +2,132% |
| Financial debts | 43 | - | €15 | +€15 | |
| Other loans | 439 | - | €15 | +€15 | |
| Trade debts | 44 | €2,155 | €44,525 | +€42,371 | +1,967% |
| Suppliers | 440/4 | €2,155 | €44,525 | +€42,371 | +1,967% |
| Taxes, remuneration and social security | 45 | €2,079 | €7,812 | +€5,734 | +276% |
| Taxes | 450/3 | €2,079 | €7,812 | +€5,734 | +276% |
| Other amounts payable | 47/48 | €110,115 | €2,500,000 | +€2.4m | +2,170% |
| Accrued charges and deferred income | 492/3 | €63,885 | €118,583 | +€54,698 | +85.6% |
| Other operating charges | 640/8 | €132 | €1,352 | +€1,220 | +927% |
| Gross operating margin | 9900 | €43,271 | €90,717 | +€47,446 | +110% |
| Operating profit (loss) | 9901 | €43,139 | €89,364 | +€46,226 | +107% |
| Financial income | 75/76B | €493,000 | €5,809,623 | +€5.3m | +1,078% |
| Recurring financial income | 75 | €493,000 | €5,809,623 | +€5.3m | +1,078% |
| Financial charges | 65/66B | €63,993 | €54,837 | -€9,156 | -14.3% |
| Recurring financial charges | 65 | €63,993 | €54,837 | -€9,156 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €472,146 | €5,844,150 | +€5.4m | +1,138% |
| Profit (loss) for the period | 9904 | €472,146 | €5,844,150 | +€5.4m | +1,138% |
| Profit (loss) for the period to be appropriated | 9905 | €472,146 | €5,844,150 | +€5.4m | +1,138% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.