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
- Stocks and contracts +€325,509
up €325,509 (+32550.9%), from €1,000 to €326,509
- Receivables within one year -€117,925
no longer reported in 2025 (was €117,925)
- Cash +€39,030
new in 2025: €39,030
mainly Short-term financial debts (+€245,126) and Receivables within one year (+€117,925)
- Short-term financial debts +€245,126
up €245,126 (+176730.9%), from €139 to €245,264
- Current portion of long-term debt -€85,000
no longer reported in 2025 (was €85,000)
- Other debts +€29,961
up €29,961 (+99.2%), from €30,212 to €60,173
- Tax, wage and social debts +€22,484
new in 2025: €22,484
- Profit (loss) carried forward +€21,939
up €21,939 (+5677.9%), from €386 to €22,326
- Gross operating margin +€42,963
up €42,963 (+975.7%), from €4,403 to €47,367
- Taxes +€14,838
new in 2025: €14,838
- Other operating charges +€4,991
new in 2025: €4,991
- Financial charges +€1,584
up €1,584 (+39.4%), from €4,017 to €5,601
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 | €118,925 | €365,539 | +€246,614 | +207.4% |
| Current assets | 29/58 | €118,925 | €365,539 | +€246,614 | +207.4% |
| Stocks and contracts in progress | 3 | €1,000 | €326,509 | +€325,509 | +32550.9% |
| Stocks | 30/36 | €1,000 | €326,509 | +€325,509 | +32550.9% |
| Amounts receivable within one year | 40/41 | €117,925 | - | -€117,925 | |
| Trade receivables | 40 | €117,925 | - | -€117,925 | |
| Cash at bank and in hand | 54/58 | - | €39,030 | +€39,030 | |
| Total equity and liabilities | 10/49 | €118,925 | €365,539 | +€246,614 | +207.4% |
| Equity | 10/15 | €3,386 | €25,326 | +€21,939 | +647.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €386 | €22,326 | +€21,939 | +5677.9% |
| Amounts payable | 17/49 | €115,538 | €340,213 | +€224,675 | +194.5% |
| Amounts payable within one year | 42/48 | €115,538 | €340,213 | +€224,675 | +194.5% |
| Current portion of amounts payable after more than one year | 42 | €85,000 | - | -€85,000 | |
| Financial debts | 43 | €139 | €245,264 | +€245,126 | +176730.9% |
| Credit institutions | 430/8 | €139 | €245,264 | +€245,126 | +176730.9% |
| Trade debts | 44 | €188 | €12,291 | +€12,104 | +6450.5% |
| Suppliers | 440/4 | €188 | €12,291 | +€12,104 | +6450.5% |
| Taxes, remuneration and social security | 45 | - | €22,484 | +€22,484 | |
| Taxes | 450/3 | - | €22,484 | +€22,484 | |
| Other amounts payable | 47/48 | €30,212 | €60,173 | +€29,961 | +99.2% |
| Other operating charges | 640/8 | - | €4,991 | +€4,991 | |
| Gross operating margin | 9900 | €4,403 | €47,367 | +€42,963 | +975.7% |
| Operating profit (loss) | 9901 | €4,403 | €42,376 | +€37,973 | +862.4% |
| Financial charges | 65/66B | €4,017 | €5,601 | +€1,584 | +39.4% |
| Recurring financial charges | 65 | €4,017 | €5,601 | +€1,584 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €386 | €36,775 | +€36,388 | +9417.3% |
| Income taxes | 67/77 | - | €14,838 | +€14,838 | |
| Profit (loss) for the period | 9904 | €386 | €21,936 | +€21,550 | +5577.1% |
| Profit (loss) for the period to be appropriated | 9905 | €386 | €21,936 | +€21,550 | +5577.1% |
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 4 October 2026 via checked.be.