BLACK MOUNTAINS: 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 MOUNTAINS
Largest movements
- Receivables within one year +€79,000
up €79,000 (+464.7%), from €17,000 to €96,000
- Tangible fixed assets -€22,019
down €22,019 (-3.2%), from €679,573 to €657,554
- Tax, wage and social debts +€250,853
up €250,853 (+6055.4%), from €4,143 to €254,996
of which Remuneration and social security: +€229,104
- Other debts -€243,995
no longer reported in 2024 (was €243,995)
- Profit (loss) carried forward +€65,492
up €65,492 (+16738.3%), from €391 to €65,883
- Debts after one year -€8,757
down €8,757 (-3.7%), from €239,534 to €230,776
- Short-term financial debts +€8,757
new in 2024: €8,757
- Gross operating margin +€94,826
up €94,826 (+225.2%), from €42,102 to €136,928
- Taxes +€17,746
up €17,746 (+428.4%), from €4,143 to €21,889
- Financial charges +€11,008
up €11,008 (+74.3%), from €14,823 to €25,831
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €743,462 | €800,830 | +€57,368 | +7.7% |
| Fixed assets | 21/28 | €679,573 | €657,554 | -€22,019 | -3.2% |
| Tangible fixed assets | 22/27 | €679,573 | €657,554 | -€22,019 | -3.2% |
| Land and buildings | 22 | €679,573 | €657,554 | -€22,019 | -3.2% |
| Current assets | 29/58 | €63,888 | €143,276 | +€79,387 | +124.3% |
| Amounts receivable within one year | 40/41 | €17,000 | €96,000 | +€79,000 | +464.7% |
| Trade receivables | 40 | €17,000 | €96,000 | +€79,000 | +464.7% |
| Cash at bank and in hand | 54/58 | €46,132 | €46,504 | +€372 | +0.8% |
| Deferred charges and accrued income | 490/1 | €757 | €772 | +€15 | +2.0% |
| Total equity and liabilities | 10/49 | €743,462 | €800,830 | +€57,368 | +7.7% |
| Equity | 10/15 | €134,391 | €199,883 | +€65,492 | +48.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Revaluation surpluses | 12 | €129,000 | €129,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €391 | €65,883 | +€65,492 | +16738.3% |
| Provisions and deferred taxes | 16 | €112,984 | €106,417 | -€6,568 | -5.8% |
| Deferred taxes | 168 | €112,984 | €106,417 | -€6,568 | -5.8% |
| Amounts payable | 17/49 | €496,086 | €494,530 | -€1,556 | -0.3% |
| Amounts payable after more than one year | 17 | €239,534 | €230,776 | -€8,757 | -3.7% |
| Financial debts | 170/4 | €239,534 | €230,776 | -€8,757 | -3.7% |
| Amounts payable within one year | 42/48 | €256,552 | €263,754 | +€7,201 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €8,415 | - | -€8,415 | |
| Financial debts | 43 | - | €8,757 | +€8,757 | |
| Credit institutions | 430/8 | - | €8,757 | +€8,757 | |
| Taxes, remuneration and social security | 45 | €4,143 | €254,996 | +€250,853 | +6055.4% |
| Taxes | 450/3 | €4,143 | €25,893 | +€21,750 | +525.0% |
| Remuneration and social security | 454/9 | - | €229,104 | +€229,104 | |
| Other amounts payable | 47/48 | €243,995 | - | -€243,995 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,019 | €22,019 | = | 0.0% |
| Other operating charges | 640/8 | €726 | €1,697 | +€972 | +133.9% |
| Gross operating margin | 9900 | €42,102 | €136,928 | +€94,826 | +225.2% |
| Operating profit (loss) | 9901 | €19,357 | €113,212 | +€93,855 | +484.9% |
| Financial charges | 65/66B | €14,823 | €25,831 | +€11,008 | +74.3% |
| Recurring financial charges | 65 | €14,823 | €25,831 | +€11,008 | +74.3% |
| Profit (loss) for the period before taxes | 9903 | €4,534 | €87,381 | +€82,847 | +1827.3% |
| Income taxes | 67/77 | €4,143 | €21,889 | +€17,746 | +428.4% |
| Profit (loss) for the period | 9904 | €391 | €65,492 | +€65,101 | +16638.3% |
| Profit (loss) for the period to be appropriated | 9905 | €391 | €65,492 | +€65,101 | +16638.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.