Everest: 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.
Everest
Largest movements
- Cash -€6,739
down €6,739 (-20.2%), from €33,368 to €26,629
mainly Other debts (-€22,058) and Investment in fixed assets (net) (-€16,553)
- Tangible fixed assets +€6,211
up €6,211 (+16.0%), from €38,815 to €45,026
of which Land and buildings: +€12,535
- Reserves +€22,356
up €22,356 (+94.0%), from €23,781 to €46,137
- Other debts -€22,058
down €22,058 (-43.7%), from €50,495 to €28,437
- Trade debts -€1,943
down €1,943 (-82.7%), from €2,350 to €408
- Tax, wage and social debts +€1,568
up €1,568 (+49.5%), from €3,168 to €4,736
- Gross operating margin +€25,038
up €25,038 (+214.8%), from €11,659 to €36,697
- Depreciation +€2,311
up €2,311 (+28.8%), from €8,031 to €10,341
- Other operating charges +€851
up €851 (+33.4%), from €2,549 to €3,400
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 | €98,394 | €98,318 | -€77 | -0.1% |
| Fixed assets | 21/28 | €38,815 | €45,026 | +€6,211 | +16.0% |
| Tangible fixed assets | 22/27 | €38,815 | €45,026 | +€6,211 | +16.0% |
| Land and buildings | 22 | €17,642 | €30,177 | +€12,535 | +71.1% |
| Furniture and vehicles | 24 | €21,173 | €14,849 | -€6,324 | -29.9% |
| Current assets | 29/58 | €59,580 | €53,292 | -€6,288 | -10.6% |
| Stocks and contracts in progress | 3 | €26,211 | €26,209 | -€3 | 0.0% |
| Stocks | 30/36 | €26,211 | €26,209 | -€3 | 0.0% |
| Amounts receivable within one year | 40/41 | - | €454 | +€454 | |
| Trade receivables | 40 | - | €454 | +€454 | |
| Cash at bank and in hand | 54/58 | €33,368 | €26,629 | -€6,739 | -20.2% |
| Total equity and liabilities | 10/49 | €98,394 | €98,318 | -€77 | -0.1% |
| Equity | 10/15 | €42,381 | €64,737 | +€22,356 | +52.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,781 | €46,137 | +€22,356 | +94.0% |
| Distributable reserves | 133 | €23,781 | €46,137 | +€22,356 | +94.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €56,014 | €33,581 | -€22,433 | -40.0% |
| Amounts payable within one year | 42/48 | €56,014 | €33,581 | -€22,433 | -40.0% |
| Trade debts | 44 | €2,350 | €408 | -€1,943 | -82.7% |
| Suppliers | 440/4 | €2,350 | €408 | -€1,943 | -82.7% |
| Taxes, remuneration and social security | 45 | €3,168 | €4,736 | +€1,568 | +49.5% |
| Taxes | 450/3 | €3,168 | €4,736 | +€1,568 | +49.5% |
| Other amounts payable | 47/48 | €50,495 | €28,437 | -€22,058 | -43.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,031 | €10,341 | +€2,311 | +28.8% |
| Other operating charges | 640/8 | €2,549 | €3,400 | +€851 | +33.4% |
| Gross operating margin | 9900 | €11,659 | €36,697 | +€25,038 | +214.8% |
| Operating profit (loss) | 9901 | €1,079 | €22,955 | +€21,876 | +2028.3% |
| Financial charges | 65/66B | €138 | €244 | +€106 | +76.3% |
| Recurring financial charges | 65 | €138 | €244 | +€106 | +76.3% |
| Profit (loss) for the period before taxes | 9903 | €940 | €22,711 | +€21,771 | +2315.4% |
| Income taxes | 67/77 | €225 | €355 | +€130 | +58.0% |
| Profit (loss) for the period | 9904 | €716 | €22,356 | +€21,641 | +3023.7% |
| Profit (loss) for the period to be appropriated | 9905 | €716 | €22,356 | +€21,641 | +3023.7% |
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 10 October 2026 via checked.be.