Studio Monté: what changed
Studio Monté
Largest movements
- Cash -€24,739
down €24,739 (-30.3%), from €81,643 to €56,904
mainly Contributions, distributions and other (-€45,000) and Investment in fixed assets (net) (-€10,208)
- Receivables within one year +€9,954
up €9,954 (+93.5%), from €10,642 to €20,596
of which Trade receivables: +€12,352
- Reserves -€26,677
down €26,677 (-38.9%), from €68,518 to €41,841
- Tax, wage and social debts +€9,791
up €9,791 (+212%), from €4,617 to €14,408
of which Taxes: +€7,105
- Other debts +€8,279
up €8,279 (+64.7%), from €12,806 to €21,086
- Debts after one year -€4,963
down €4,963 (-24.4%), from €20,341 to €15,378
- Trade debts -€1,659
down €1,659 (-48.6%), from €3,413 to €1,754
- Gross operating margin -€9,272
down €9,272 (-20.1%), from €46,242 to €36,970
- Depreciation +€6,489
up €6,489 (+167%), from €3,884 to €10,372
- Taxes -€2,418
down €2,418 (-31.6%), from €7,663 to €5,245
- Financial charges -€1,303
down €1,303 (-36.5%), from €3,570 to €2,267
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,650 | €118,229 | -€14,420 | -10.9% |
| Fixed assets | 21/28 | €39,216 | €39,051 | -€165 | -0.4% |
| Tangible fixed assets | 22/27 | €39,216 | €39,051 | -€165 | -0.4% |
| Plant, machinery and equipment | 23 | €5,347 | €11,493 | +€6,146 | +115% |
| Furniture and vehicles | 24 | €33,296 | €873 | -€32,422 | -97.4% |
| Leasing and similar rights | 25 | - | €26,533 | +€26,533 | |
| Other tangible fixed assets | 26 | €573 | €152 | -€421 | -73.5% |
| Current assets | 29/58 | €93,434 | €79,178 | -€14,255 | -15.3% |
| Amounts receivable within one year | 40/41 | €10,642 | €20,596 | +€9,954 | +93.5% |
| Trade receivables | 40 | €5,227 | €17,579 | +€12,352 | +236% |
| Other amounts receivable | 41 | €5,415 | €3,018 | -€2,398 | -44.3% |
| Cash at bank and in hand | 54/58 | €81,643 | €56,904 | -€24,739 | -30.3% |
| Deferred charges and accrued income | 490/1 | €1,149 | €1,678 | +€529 | +46.0% |
| Total equity and liabilities | 10/49 | €132,650 | €118,229 | -€14,420 | -10.9% |
| Equity | 10/15 | €87,118 | €60,441 | -€26,677 | -30.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,518 | €41,841 | -€26,677 | -38.9% |
| Distributable reserves | 133 | €68,518 | €41,841 | -€26,677 | -38.9% |
| Amounts payable | 17/49 | €45,532 | €57,788 | +€12,257 | +26.9% |
| Amounts payable after more than one year | 17 | €20,341 | €15,378 | -€4,963 | -24.4% |
| Financial debts | 170/4 | €20,341 | €15,378 | -€4,963 | -24.4% |
| Amounts payable within one year | 42/48 | €25,191 | €42,211 | +€17,020 | +67.6% |
| Current portion of amounts payable after more than one year | 42 | €4,355 | €4,963 | +€609 | +14.0% |
| Trade debts | 44 | €3,413 | €1,754 | -€1,659 | -48.6% |
| Suppliers | 440/4 | €3,413 | €1,754 | -€1,659 | -48.6% |
| Taxes, remuneration and social security | 45 | €4,617 | €14,408 | +€9,791 | +212% |
| Taxes | 450/3 | €4,617 | €11,722 | +€7,105 | +154% |
| Remuneration and social security | 454/9 | - | €2,685 | +€2,685 | |
| Other amounts payable | 47/48 | €12,806 | €21,086 | +€8,279 | +64.7% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,884 | €10,372 | +€6,489 | +167% |
| Other operating charges | 640/8 | €1,434 | €1,364 | -€70 | -4.9% |
| Gross operating margin | 9900 | €46,242 | €36,970 | -€9,272 | -20.1% |
| Operating profit (loss) | 9901 | €40,924 | €25,234 | -€15,691 | -38.3% |
| Financial income | 75/76B | €260 | €601 | +€342 | +132% |
| Recurring financial income | 75 | €260 | €601 | +€342 | +132% |
| Financial charges | 65/66B | €3,570 | €2,267 | -€1,303 | -36.5% |
| Recurring financial charges | 65 | €3,570 | €2,267 | -€1,303 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €37,614 | €23,568 | -€14,046 | -37.3% |
| Income taxes | 67/77 | €7,663 | €5,245 | -€2,418 | -31.6% |
| Profit (loss) for the period | 9904 | €29,951 | €18,323 | -€11,628 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,951 | €18,323 | -€11,628 | -38.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.