HIMALAYA PARTNERS: what changed
HIMALAYA PARTNERS
Largest movements
- Tangible fixed assets -€18,649
down €18,649 (-10.4%), from €179,715 to €161,066
- Cash -€4,309
down €4,309 (-71.0%), from €6,069 to €1,761
mainly Debts after one year (-€28,152) and Net result for the year (-€26,625)
- Deferred charges and accrued income -€2,021
down €2,021 (-77.1%), from €2,621 to €600
- Debts after one year -€28,152
down €28,152 (-24.9%), from €113,032 to €84,880
- Other debts +€27,181
up €27,181 (+23.1%), from €117,549 to €144,730
- Profit (loss) carried forward -€26,625
down €26,625 (-31.3%), from -€85,122 to -€111,747
- Gross operating margin -€8,548
down €8,548, from €8,199 to -€349
- Financial charges -€828
down €828 (-16.8%), from €4,943 to €4,114
- Other operating charges +€107
up €107 (+3.2%), from €3,405 to €3,512
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,406 | €163,426 | -€24,979 | -13.3% |
| Fixed assets | 21/28 | €179,715 | €161,066 | -€18,649 | -10.4% |
| Tangible fixed assets | 22/27 | €179,715 | €161,066 | -€18,649 | -10.4% |
| Land and buildings | 22 | €179,715 | €161,066 | -€18,649 | -10.4% |
| Current assets | 29/58 | €8,691 | €2,361 | -€6,330 | -72.8% |
| Cash at bank and in hand | 54/58 | €6,069 | €1,761 | -€4,309 | -71.0% |
| Deferred charges and accrued income | 490/1 | €2,621 | €600 | -€2,021 | -77.1% |
| Total equity and liabilities | 10/49 | €188,406 | €163,426 | -€24,979 | -13.3% |
| Equity | 10/15 | -€70,762 | -€97,387 | -€26,625 | -37.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,122 | -€111,747 | -€26,625 | -31.3% |
| Amounts payable | 17/49 | €259,167 | €260,813 | +€1,646 | +0.6% |
| Amounts payable after more than one year | 17 | €113,032 | €84,880 | -€28,152 | -24.9% |
| Financial debts | 170/4 | €113,032 | €84,880 | -€28,152 | -24.9% |
| Amounts payable within one year | 42/48 | €146,136 | €175,933 | +€29,797 | +20.4% |
| Financial debts | 43 | €27,315 | €28,152 | +€837 | +3.1% |
| Credit institutions | 430/8 | €27,315 | €28,152 | +€837 | +3.1% |
| Trade debts | 44 | €1,272 | €3,051 | +€1,779 | +140% |
| Suppliers | 440/4 | €1,272 | €3,051 | +€1,779 | +140% |
| Other amounts payable | 47/48 | €117,549 | €144,730 | +€27,181 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,649 | €18,649 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,405 | €3,512 | +€107 | +3.2% |
| Gross operating margin | 9900 | €8,199 | -€349 | -€8,548 | |
| Operating profit (loss) | 9901 | -€13,855 | -€22,511 | -€8,656 | -62.5% |
| Financial charges | 65/66B | €4,943 | €4,114 | -€828 | -16.8% |
| Recurring financial charges | 65 | €4,943 | €4,114 | -€828 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,798 | -€26,625 | -€7,827 | -41.6% |
| Profit (loss) for the period | 9904 | -€18,798 | -€26,625 | -€7,827 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,798 | -€26,625 | -€7,827 | -41.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.