Xavier Monnoyer SPRL: 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.
Xavier Monnoyer SPRL
Largest movements
- Current investments -€1.2m
no longer reported in 2025 (was €1.2m)
- Cash +€797,442
new in 2025: €797,442
mainly Current investments (+€1.2m) and Net result for the year (+€131,530)
- Receivables within one year +€182,913
up €182,913 (+40.2%), from €455,387 to €638,300
of which Trade receivables: +€96,632
- Tangible fixed assets +€50,615
up €50,615 (+8.5%), from €592,182 to €642,797
of which Furniture and vehicles: +€42,875
- Reserves -€260,000
down €260,000 (-17.2%), from €1.5m to €1.3m
- Profit (loss) carried forward +€131,530
up €131,530 (+53.2%), from €247,454 to €378,984
- Trade debts -€66,722
down €66,722 (-44.2%), from €150,912 to €84,190
- Staff costs +€171,541
up €171,541 (+35.0%), from €489,662 to €661,203
- Taxes -€98,854
down €98,854 (-74.4%), from €132,868 to €34,015
- Gross operating margin -€83,351
down €83,351 (-8.0%), from €1.0m to €962,576
- Depreciation +€27,204
up €27,204 (+27.0%), from €100,575 to €127,779
- Write-downs -€15,665
no longer reported in 2025 (was €15,665)
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 | €2,292,504 | €2,108,486 | -€184,018 | -8.0% |
| Fixed assets | 21/28 | €592,182 | €642,797 | +€50,615 | +8.5% |
| Tangible fixed assets | 22/27 | €592,182 | €642,797 | +€50,615 | +8.5% |
| Land and buildings | 22 | €300,474 | €333,623 | +€33,149 | +11.0% |
| Plant, machinery and equipment | 23 | €108,383 | €82,974 | -€25,409 | -23.4% |
| Furniture and vehicles | 24 | €183,325 | €226,200 | +€42,875 | +23.4% |
| Current assets | 29/58 | €1,700,322 | €1,465,689 | -€234,633 | -13.8% |
| Stocks and contracts in progress | 3 | €14,433 | €9,092 | -€5,341 | -37.0% |
| Stocks | 30/36 | €14,433 | €9,092 | -€5,341 | -37.0% |
| Amounts receivable within one year | 40/41 | €455,387 | €638,300 | +€182,913 | +40.2% |
| Trade receivables | 40 | €454,519 | €551,152 | +€96,632 | +21.3% |
| Other amounts receivable | 41 | €868 | €87,148 | +€86,281 | +9,944% |
| Current investments | 50/53 | €1,217,961 | - | -€1.2m | |
| Cash at bank and in hand | 54/58 | - | €797,442 | +€797,442 | |
| Deferred charges and accrued income | 490/1 | €12,541 | €20,855 | +€8,313 | +66.3% |
| Total equity and liabilities | 10/49 | €2,292,504 | €2,108,486 | -€184,018 | -8.0% |
| Equity | 10/15 | €1,772,514 | €1,644,044 | -€128,470 | -7.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,512,660 | €1,252,660 | -€260,000 | -17.2% |
| Distributable reserves | 133 | €1,512,660 | €1,252,660 | -€260,000 | -17.2% |
| Profit (loss) carried forward | 14 | €247,454 | €378,984 | +€131,530 | +53.2% |
| Amounts payable | 17/49 | €519,990 | €464,442 | -€55,548 | -10.7% |
| Amounts payable within one year | 42/48 | €519,990 | €464,442 | -€55,548 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €584 | - | -€584 | |
| Trade debts | 44 | €150,912 | €84,190 | -€66,722 | -44.2% |
| Suppliers | 440/4 | €150,912 | €84,190 | -€66,722 | -44.2% |
| Taxes, remuneration and social security | 45 | €91,766 | €112,561 | +€20,794 | +22.7% |
| Taxes | 450/3 | €47,729 | €36,791 | -€10,938 | -22.9% |
| Remuneration and social security | 454/9 | €44,037 | €75,769 | +€31,732 | +72.1% |
| Other amounts payable | 47/48 | €276,727 | €267,691 | -€9,036 | -3.3% |
| Remuneration, social security and pensions | 62 | €489,662 | €661,203 | +€171,541 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,575 | €127,779 | +€27,204 | +27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,665 | - | -€15,665 | |
| Other operating charges | 640/8 | €9,857 | €6,933 | -€2,923 | -29.7% |
| Gross operating margin | 9900 | €1,045,926 | €962,576 | -€83,351 | -8.0% |
| Operating profit (loss) | 9901 | €430,168 | €166,661 | -€263,508 | -61.3% |
| Financial income | 75/76B | €93 | €32 | -€62 | -66.1% |
| Recurring financial income | 75 | €93 | €32 | -€62 | -66.1% |
| Financial charges | 65/66B | €564 | €1,148 | +€583 | +103% |
| Recurring financial charges | 65 | €564 | €1,148 | +€583 | +103% |
| Profit (loss) for the period before taxes | 9903 | €429,697 | €165,545 | -€264,153 | -61.5% |
| Income taxes | 67/77 | €132,868 | €34,015 | -€98,854 | -74.4% |
| Profit (loss) for the period | 9904 | €296,829 | €131,530 | -€165,299 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €296,829 | €131,530 | -€165,299 | -55.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.