BLACK MOUNTAIN: 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.
BLACK MOUNTAIN
Largest movements
- Cash +€9,218
up €9,218 (+86.9%), from €10,608 to €19,827
mainly Other debts (+€9,542) and Trade debts (+€6,443)
- Receivables within one year +€5,666
up €5,666 (+7.1%), from €79,344 to €85,010
of which Trade receivables: +€6,170
- Tangible fixed assets -€4,005
down €4,005 (-19.2%), from €20,891 to €16,886
of which Furniture and vehicles: -€2,998
- Other debts +€9,542
new in 2025: €9,542
- Debts after one year -€8,734
down €8,734 (-49.3%), from €17,726 to €8,992
- Trade debts +€6,443
up €6,443 (+13.1%), from €49,006 to €55,449
- Reserves +€4,486
up €4,486 (+24.0%), from €18,705 to €23,190
- Gross operating margin +€8,064
up €8,064 (+99.1%), from €8,141 to €16,205
- Depreciation -€4,325
down €4,325 (-52.2%), from €8,281 to €3,956
- Taxes +€1,207
up €1,207 (+784%), from €154 to €1,361
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 | €111,867 | €123,143 | +€11,277 | +10.1% |
| Fixed assets | 21/28 | €20,891 | €16,886 | -€4,005 | -19.2% |
| Tangible fixed assets | 22/27 | €20,891 | €16,886 | -€4,005 | -19.2% |
| Plant, machinery and equipment | 23 | €4,637 | €3,630 | -€1,007 | -21.7% |
| Furniture and vehicles | 24 | €16,255 | €13,256 | -€2,998 | -18.4% |
| Current assets | 29/58 | €90,975 | €106,257 | +€15,282 | +16.8% |
| Amounts receivable within one year | 40/41 | €79,344 | €85,010 | +€5,666 | +7.1% |
| Trade receivables | 40 | €75,762 | €81,932 | +€6,170 | +8.1% |
| Other amounts receivable | 41 | €3,583 | €3,078 | -€505 | -14.1% |
| Cash at bank and in hand | 54/58 | €10,608 | €19,827 | +€9,218 | +86.9% |
| Deferred charges and accrued income | 490/1 | €1,023 | €1,421 | +€398 | +38.9% |
| Total equity and liabilities | 10/49 | €111,867 | €123,143 | +€11,277 | +10.1% |
| Equity | 10/15 | €28,705 | €33,190 | +€4,486 | +15.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €18,705 | €23,190 | +€4,486 | +24.0% |
| Distributable reserves | 133 | €18,705 | €23,190 | +€4,486 | +24.0% |
| Amounts payable | 17/49 | €83,162 | €89,953 | +€6,791 | +8.2% |
| Amounts payable after more than one year | 17 | €17,726 | €8,992 | -€8,734 | -49.3% |
| Financial debts | 170/4 | €17,726 | €8,992 | -€8,734 | -49.3% |
| Amounts payable within one year | 42/48 | €65,437 | €80,961 | +€15,524 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €8,250 | €8,734 | +€484 | +5.9% |
| Trade debts | 44 | €49,006 | €55,449 | +€6,443 | +13.1% |
| Suppliers | 440/4 | €49,006 | €55,449 | +€6,443 | +13.1% |
| Taxes, remuneration and social security | 45 | €8,181 | €7,236 | -€945 | -11.6% |
| Taxes | 450/3 | €5,381 | €7,236 | +€1,855 | +34.5% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Other amounts payable | 47/48 | - | €9,542 | +€9,542 | |
| Non-recurring operating income | 76A | €3,237 | - | -€3,237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,281 | €3,956 | -€4,325 | -52.2% |
| Other operating charges | 640/8 | €1,754 | €1,890 | +€136 | +7.8% |
| Non-recurring operating charges | 66A | - | €3,147 | +€3,147 | |
| Gross operating margin | 9900 | €8,141 | €16,205 | +€8,064 | +99.1% |
| Operating profit (loss) | 9901 | -€1,894 | €7,212 | +€9,106 | |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €1,454 | €1,405 | -€49 | -3.4% |
| Recurring financial charges | 65 | €1,454 | €1,405 | -€49 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,348 | €5,847 | +€9,195 | |
| Income taxes | 67/77 | €154 | €1,361 | +€1,207 | +784% |
| Profit (loss) for the period | 9904 | -€3,502 | €4,486 | +€7,988 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,502 | €4,486 | +€7,988 |
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 19 October 2026 via checked.be.