MONFASOL: 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.
MONFASOL
Largest movements
- Receivables within one year -€35,756
down €35,756 (-36.6%), from €97,799 to €62,043
of which Trade receivables: -€26,880
- Cash +€11,945
up €11,945 (+31.5%), from €37,949 to €49,894
mainly Receivables within one year (+€35,756) and Depreciation (+€6,741)
- Profit (loss) carried forward -€27,433
down €27,433 (-22.3%), from €123,124 to €95,691
- Trade debts +€3,426
up €3,426 (+15.2%), from €22,578 to €26,004
- Other debts +€2,733
up €2,733 (+3.3%), from €84,028 to €86,761
- Gross operating margin -€14,633
down €14,633 (-48,777%), from -€30 to -€14,663
- Purchases and services +€9,844
up €9,844 (+17.5%), from €56,240 to €66,084
- Turnover -€4,789
down €4,789 (-8.5%), from €56,210 to €51,421
- Depreciation +€1,800
up €1,800 (+36.4%), from €4,941 to €6,741
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 | €250,181 | €228,993 | -€21,188 | -8.5% |
| Fixed assets | 21/28 | €35,249 | €37,508 | +€2,259 | +6.4% |
| Tangible fixed assets | 22/27 | €35,249 | €37,508 | +€2,259 | +6.4% |
| Land and buildings | 22 | €35,249 | €30,308 | -€4,941 | -14.0% |
| Furniture and vehicles | 24 | - | €7,200 | +€7,200 | |
| Current assets | 29/58 | €214,932 | €191,485 | -€23,447 | -10.9% |
| Amounts receivable within one year | 40/41 | €97,799 | €62,043 | -€35,756 | -36.6% |
| Trade receivables | 40 | €88,923 | €62,043 | -€26,880 | -30.2% |
| Other amounts receivable | 41 | €8,876 | €0 | -€8,876 | -100% |
| Current investments | 50/53 | €77,649 | €77,750 | +€101 | +0.1% |
| Cash at bank and in hand | 54/58 | €37,949 | €49,894 | +€11,945 | +31.5% |
| Deferred charges and accrued income | 490/1 | €1,535 | €1,798 | +€263 | +17.1% |
| Total equity and liabilities | 10/49 | €250,181 | €228,993 | -€21,188 | -8.5% |
| Equity | 10/15 | €143,575 | €116,142 | -€27,433 | -19.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,124 | €95,691 | -€27,433 | -22.3% |
| Amounts payable | 17/49 | €106,606 | €112,851 | +€6,245 | +5.9% |
| Amounts payable within one year | 42/48 | €106,606 | €112,851 | +€6,245 | +5.9% |
| Trade debts | 44 | €22,578 | €26,004 | +€3,426 | +15.2% |
| Suppliers | 440/4 | €22,578 | €26,004 | +€3,426 | +15.2% |
| Taxes, remuneration and social security | 45 | - | €86 | +€86 | |
| Remuneration and social security | 454/9 | - | €86 | +€86 | |
| Other amounts payable | 47/48 | €84,028 | €86,761 | +€2,733 | +3.3% |
| Turnover | 70 | €56,210 | €51,421 | -€4,789 | -8.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,240 | €66,084 | +€9,844 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,941 | €6,741 | +€1,800 | +36.4% |
| Other operating charges | 640/8 | €5,685 | €6,036 | +€351 | +6.2% |
| Gross operating margin | 9900 | -€30 | -€14,663 | -€14,633 | -48,777% |
| Operating profit (loss) | 9901 | -€10,656 | -€27,440 | -€16,784 | -158% |
| Financial income | 75/76B | €177 | €173 | -€4 | -2.3% |
| Recurring financial income | 75 | €177 | €173 | -€4 | -2.3% |
| Financial charges | 65/66B | €111 | €114 | +€3 | +2.7% |
| Recurring financial charges | 65 | €111 | €114 | +€3 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,590 | -€27,381 | -€16,791 | -159% |
| Income taxes | 67/77 | €601 | €52 | -€549 | -91.3% |
| Profit (loss) for the period | 9904 | -€11,191 | -€27,433 | -€16,242 | -145% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,191 | -€27,433 | -€16,242 | -145% |
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 21 October 2026 via checked.be.