DEEP 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.
DEEP MOUNTAIN
Largest movements
- Formation expenses -€1,588
down €1,588 (-22.4%), from €7,101 to €5,514
- Intangible fixed assets -€590
down €590 (-22.2%), from €2,658 to €2,068
- Cash -€455
down €455 (-9.8%), from €4,647 to €4,193
mainly Net result for the year (-€5,841)
- Profit (loss) carried forward -€5,251
down €5,251 (-10.6%), from -€49,710 to -€54,961
- Other debts +€2,337
up €2,337 (+20.7%), from €11,306 to €13,643
- Trade debts +€871
up €871 (+569.2%), from €153 to €1,024
- Reserves -€590
down €590 (-22.2%), from €2,658 to €2,068
- Gross operating margin +€2,397
up €2,397 (+52.3%), from -€4,585 to -€2,187
- Other operating charges -€1,415
down €1,415 (-60.8%), from €2,328 to €913
- Depreciation +€1,050
up €1,050 (+93.2%), from €1,127 to €2,177
- Financial charges +€64
up €64 (+12.8%), from €499 to €563
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.
Cash bridge derived
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 | €14,407 | €11,775 | -€2,632 | -18.3% |
| Formation expenses | 20 | €7,101 | €5,514 | -€1,588 | -22.4% |
| Fixed assets | 21/28 | €2,658 | €2,068 | -€590 | -22.2% |
| Intangible fixed assets | 21 | €2,658 | €2,068 | -€590 | -22.2% |
| Current assets | 29/58 | €4,647 | €4,193 | -€455 | -9.8% |
| Cash at bank and in hand | 54/58 | €4,647 | €4,193 | -€455 | -9.8% |
| Total equity and liabilities | 10/49 | €14,407 | €11,775 | -€2,632 | -18.3% |
| Equity | 10/15 | €2,948 | -€2,893 | -€5,841 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €2,658 | €2,068 | -€590 | -22.2% |
| Tax-exempt reserves | 132 | €2,658 | €2,068 | -€590 | -22.2% |
| Profit (loss) carried forward | 14 | -€49,710 | -€54,961 | -€5,251 | -10.6% |
| Amounts payable | 17/49 | €11,459 | €14,667 | +€3,209 | +28.0% |
| Amounts payable within one year | 42/48 | €11,459 | €14,667 | +€3,209 | +28.0% |
| Trade debts | 44 | €153 | €1,024 | +€871 | +569.2% |
| Suppliers | 440/4 | €153 | €1,024 | +€871 | +569.2% |
| Other amounts payable | 47/48 | €11,306 | €13,643 | +€2,337 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,127 | €2,177 | +€1,050 | +93.2% |
| Other operating charges | 640/8 | €2,328 | €913 | -€1,415 | -60.8% |
| Gross operating margin | 9900 | -€4,585 | -€2,187 | +€2,397 | +52.3% |
| Operating profit (loss) | 9901 | -€8,039 | -€5,278 | +€2,762 | +34.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €499 | €563 | +€64 | +12.8% |
| Recurring financial charges | 65 | €499 | €563 | +€64 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,538 | -€5,841 | +€2,697 | +31.6% |
| Profit (loss) for the period | 9904 | -€8,538 | -€5,841 | +€2,697 | +31.6% |
| Transfer from tax-exempt reserves | 789 | €291 | €590 | +€299 | +102.9% |
| Transfer to tax-exempt reserves | 689 | €2,949 | - | -€2,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,196 | -€5,251 | +€5,945 | +53.1% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.