RED MONKEY: 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.
RED MONKEY
Largest movements
- Receivables within one year +€52,676
up €52,676 (+52.3%), from €100,767 to €153,443
of which Trade receivables: +€52,676
- Receivables after one year +€13,441
up €13,441 (+52.9%), from €25,398 to €38,839
- Cash -€10,219
down €10,219 (-60.8%), from €16,795 to €6,576
mainly Receivables within one year (-€52,676) and Receivables after one year (-€13,441)
- Reserves +€58,866
up €58,866 (+96.4%), from €61,042 to €119,908
of which Distributable reserves: +€60,106
- Tax, wage and social debts -€2,473
down €2,473 (-4.6%), from €53,808 to €51,334
- Gross operating margin -€1,195
down €1,195 (-1.4%), from €84,754 to €83,558
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 | €154,863 | €210,236 | +€55,373 | +35.8% |
| Fixed assets | 21/28 | €11,903 | €10,995 | -€908 | -7.6% |
| Tangible fixed assets | 22/27 | €3,203 | €2,295 | -€908 | -28.4% |
| Furniture and vehicles | 24 | €1,159 | €803 | -€355 | -30.7% |
| Other tangible fixed assets | 26 | €2,045 | €1,492 | -€553 | -27.0% |
| Financial fixed assets | 28 | €8,700 | €8,700 | = | 0.0% |
| Current assets | 29/58 | €142,960 | €199,240 | +€56,281 | +39.4% |
| Amounts receivable after more than one year | 29 | €25,398 | €38,839 | +€13,441 | +52.9% |
| Other amounts receivable | 291 | €25,398 | €38,839 | +€13,441 | +52.9% |
| Amounts receivable within one year | 40/41 | €100,767 | €153,443 | +€52,676 | +52.3% |
| Trade receivables | 40 | €54,767 | €107,443 | +€52,676 | +96.2% |
| Other amounts receivable | 41 | €46,000 | €46,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,795 | €6,576 | -€10,219 | -60.8% |
| Deferred charges and accrued income | 490/1 | - | €382 | +€382 | |
| Total equity and liabilities | 10/49 | €154,863 | €210,236 | +€55,373 | +35.8% |
| Equity | 10/15 | €79,642 | €138,508 | +€58,866 | +73.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,042 | €119,908 | +€58,866 | +96.4% |
| Non-distributable reserves | 130/1 | €1,240 | - | -€1,240 | |
| Reserves not available under the articles | 1311 | €1,240 | - | -€1,240 | |
| Distributable reserves | 133 | €59,802 | €119,908 | +€60,106 | +101% |
| Amounts payable | 17/49 | €75,221 | €71,728 | -€3,493 | -4.6% |
| Amounts payable within one year | 42/48 | €75,221 | €71,684 | -€3,537 | -4.7% |
| Trade debts | 44 | €4,774 | €3,710 | -€1,064 | -22.3% |
| Suppliers | 440/4 | €4,774 | €3,710 | -€1,064 | -22.3% |
| Taxes, remuneration and social security | 45 | €53,808 | €51,334 | -€2,473 | -4.6% |
| Taxes | 450/3 | €53,808 | €51,334 | -€2,473 | -4.6% |
| Other amounts payable | 47/48 | €16,639 | €16,639 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €44 | +€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €908 | €908 | = | 0.0% |
| Other operating charges | 640/8 | €1,183 | €1,036 | -€147 | -12.4% |
| Gross operating margin | 9900 | €84,754 | €83,558 | -€1,195 | -1.4% |
| Operating profit (loss) | 9901 | €82,662 | €81,614 | -€1,048 | -1.3% |
| Financial charges | 65/66B | €248 | €455 | +€207 | +83.3% |
| Recurring financial charges | 65 | €248 | €455 | +€207 | +83.3% |
| Profit (loss) for the period before taxes | 9903 | €82,414 | €81,159 | -€1,255 | -1.5% |
| Income taxes | 67/77 | €22,612 | €22,293 | -€319 | -1.4% |
| Profit (loss) for the period | 9904 | €59,802 | €58,866 | -€937 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,802 | €58,866 | -€937 | -1.6% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.