Everest: what changed
Two fiscal 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.
Everest
Largest movements
- Receivables within one year +€53,893
up €53,893 (+95.7%), from €56,295 to €110,188
of which Other amounts receivable: +€53,893
- Cash +€27,010
up €27,010 (+45.3%), from €59,674 to €86,684
mainly Net result for the year (+€104,591) and Tax, wage and social debts (+€18,761)
- Stocks and contracts +€25,965
up €25,965 (+35.4%), from €73,422 to €99,387
- Reserves +€104,591
up €104,591 (+87.2%), from €119,965 to €224,556
of which Distributable reserves: +€104,591
- Other debts -€23,187
down €23,187 (-100.0%), from €23,187 to €0
- Tax, wage and social debts +€18,761
up €18,761 (+414.7%), from €4,524 to €23,284
- Trade debts +€6,827
up €6,827 (+14.8%), from €46,137 to €52,964
- Debts after one year -€3,672
down €3,672 (-100.0%), from €3,672 to €0
- Gross operating margin +€81,526
up €81,526 (+86.0%), from €94,787 to €176,313
- Taxes +€14,549
up €14,549 (+124.6%), from €11,678 to €26,228
- Staff costs +€6,613
up €6,613 (+22.8%), from €28,994 to €35,607
- Financial income +€3,818
up €3,818 (+197.6%), from €1,932 to €5,751
- Other operating charges +€2,375
up €2,375 (+311.8%), from €762 to €3,137
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 | €222,569 | €326,383 | +€103,815 | +46.6% |
| Fixed assets | 21/28 | €33,178 | €30,124 | -€3,054 | -9.2% |
| Tangible fixed assets | 22/27 | €28,473 | €25,774 | -€2,699 | -9.5% |
| Land and buildings | 22 | €9,162 | €13,288 | +€4,127 | +45.0% |
| Plant, machinery and equipment | 23 | €8,828 | €5,445 | -€3,383 | -38.3% |
| Furniture and vehicles | 24 | €10,484 | €7,040 | -€3,443 | -32.8% |
| Financial fixed assets | 28 | €4,705 | €4,350 | -€355 | -7.5% |
| Current assets | 29/58 | €189,391 | €296,259 | +€106,869 | +56.4% |
| Stocks and contracts in progress | 3 | €73,422 | €99,387 | +€25,965 | +35.4% |
| Stocks | 30/36 | €73,422 | €99,387 | +€25,965 | +35.4% |
| Amounts receivable within one year | 40/41 | €56,295 | €110,188 | +€53,893 | +95.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €56,295 | €110,188 | +€53,893 | +95.7% |
| Cash at bank and in hand | 54/58 | €59,674 | €86,684 | +€27,010 | +45.3% |
| Total equity and liabilities | 10/49 | €222,569 | €326,383 | +€103,815 | +46.6% |
| Equity | 10/15 | €138,565 | €243,156 | +€104,591 | +75.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,965 | €224,556 | +€104,591 | +87.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,105 | €222,696 | +€104,591 | +88.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €2,537 | €3,282 | +€745 | +29.4% |
| Provisions for liabilities and charges | 160/5 | €2,537 | €3,282 | +€745 | +29.4% |
| Pensions and similar obligations | 160 | €2,537 | €3,282 | +€745 | +29.4% |
| Amounts payable | 17/49 | €81,466 | €79,945 | -€1,522 | -1.9% |
| Amounts payable after more than one year | 17 | €3,672 | €0 | -€3,672 | -100.0% |
| Financial debts | 170/4 | €3,672 | €0 | -€3,672 | -100.0% |
| Amounts payable within one year | 42/48 | €77,778 | €79,921 | +€2,142 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €3,931 | €3,672 | -€259 | -6.6% |
| Trade debts | 44 | €46,137 | €52,964 | +€6,827 | +14.8% |
| Suppliers | 440/4 | €46,137 | €52,964 | +€6,827 | +14.8% |
| Taxes, remuneration and social security | 45 | €4,524 | €23,284 | +€18,761 | +414.7% |
| Taxes | 450/3 | €4,524 | €23,284 | +€18,761 | +414.7% |
| Other amounts payable | 47/48 | €23,187 | €0 | -€23,187 | -100.0% |
| Accrued charges and deferred income | 492/3 | €16 | €24 | +€8 | +50.0% |
| Remuneration, social security and pensions | 62 | €28,994 | €35,607 | +€6,613 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,473 | €11,713 | +€1,240 | +11.8% |
| Other operating charges | 640/8 | €762 | €3,137 | +€2,375 | +311.8% |
| Gross operating margin | 9900 | €94,787 | €176,313 | +€81,526 | +86.0% |
| Operating profit (loss) | 9901 | €54,558 | €125,856 | +€71,298 | +130.7% |
| Financial income | 75/76B | €1,932 | €5,751 | +€3,818 | +197.6% |
| Recurring financial income | 75 | €1,932 | €5,751 | +€3,818 | +197.6% |
| Financial charges | 65/66B | €442 | €788 | +€346 | +78.2% |
| Recurring financial charges | 65 | €442 | €788 | +€346 | +78.2% |
| Profit (loss) for the period before taxes | 9903 | €56,048 | €130,819 | +€74,770 | +133.4% |
| Income taxes | 67/77 | €11,678 | €26,228 | +€14,549 | +124.6% |
| Profit (loss) for the period | 9904 | €44,370 | €104,591 | +€60,221 | +135.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,370 | €104,591 | +€60,221 | +135.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.