Himalayan Mountains: 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.
Himalayan Mountains
Largest movements
- Cash +€23,426
up €23,426 (+69.8%), from €33,562 to €56,988
mainly Net result for the year (+€20,081) and Tax, wage and social debts (+€7,658)
- Tangible fixed assets -€2,855
down €2,855 (-59.9%), from €4,763 to €1,908
of which Plant, machinery and equipment: -€2,192
- Receivables within one year +€2,655
new in 2025: €2,655
- Profit (loss) carried forward +€20,081
up €20,081 (+1,718%), from €1,169 to €21,249
- Other debts -€10,588
down €10,588 (-59.4%), from €17,818 to €7,230
- Tax, wage and social debts +€7,658
up €7,658 (+100.0%), from €7,660 to €15,318
of which Taxes: +€7,933
- Trade debts +€3,774
up €3,774 (+225%), from €1,678 to €5,452
- Accrued charges and deferred income +€2,301
new in 2025: €2,301
- Gross operating margin +€19,472
up €19,472 (+21.2%), from €91,803 to €111,275
- Taxes +€17,636
up €17,636 (+937%), from €1,882 to €19,517
- Staff costs +€14,114
up €14,114 (+30.2%), from €46,719 to €60,833
- Financial charges +€2,990
up €2,990 (+177%), from €1,687 to €4,676
- Depreciation -€1,834
down €1,834 (-39.1%), from €4,688 to €2,855
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.
Derived cash bridge
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 | €38,324 | €61,551 | +€23,227 | +60.6% |
| Fixed assets | 21/28 | €4,763 | €1,908 | -€2,855 | -59.9% |
| Tangible fixed assets | 22/27 | €4,763 | €1,908 | -€2,855 | -59.9% |
| Plant, machinery and equipment | 23 | €3,192 | €999 | -€2,192 | -68.7% |
| Other tangible fixed assets | 26 | €1,571 | €909 | -€662 | -42.1% |
| Current assets | 29/58 | €33,562 | €59,643 | +€26,081 | +77.7% |
| Amounts receivable within one year | 40/41 | - | €2,655 | +€2,655 | |
| Trade receivables | 40 | - | €2,655 | +€2,655 | |
| Cash at bank and in hand | 54/58 | €33,562 | €56,988 | +€23,426 | +69.8% |
| Total equity and liabilities | 10/49 | €38,324 | €61,551 | +€23,227 | +60.6% |
| Equity | 10/15 | €11,169 | €31,249 | +€20,081 | +180% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,169 | €21,249 | +€20,081 | +1,718% |
| Amounts payable | 17/49 | €27,156 | €30,302 | +€3,146 | +11.6% |
| Amounts payable within one year | 42/48 | €27,156 | €28,000 | +€845 | +3.1% |
| Trade debts | 44 | €1,678 | €5,452 | +€3,774 | +225% |
| Suppliers | 440/4 | €1,678 | €5,452 | +€3,774 | +225% |
| Taxes, remuneration and social security | 45 | €7,660 | €15,318 | +€7,658 | +100.0% |
| Taxes | 450/3 | €5,490 | €13,423 | +€7,933 | +145% |
| Remuneration and social security | 454/9 | €2,170 | €1,895 | -€275 | -12.7% |
| Other amounts payable | 47/48 | €17,818 | €7,230 | -€10,588 | -59.4% |
| Accrued charges and deferred income | 492/3 | - | €2,301 | +€2,301 | |
| Remuneration, social security and pensions | 62 | €46,719 | €60,833 | +€14,114 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,688 | €2,855 | -€1,834 | -39.1% |
| Other operating charges | 640/8 | €3,230 | €3,512 | +€282 | +8.7% |
| Gross operating margin | 9900 | €91,803 | €111,275 | +€19,472 | +21.2% |
| Operating profit (loss) | 9901 | €37,165 | €44,076 | +€6,910 | +18.6% |
| Financial income | 75/76B | - | €199 | +€199 | |
| Recurring financial income | 75 | - | €199 | +€199 | |
| Financial charges | 65/66B | €1,687 | €4,676 | +€2,990 | +177% |
| Recurring financial charges | 65 | €1,687 | €4,676 | +€2,990 | +177% |
| Profit (loss) for the period before taxes | 9903 | €35,479 | €39,598 | +€4,120 | +11.6% |
| Income taxes | 67/77 | €1,882 | €19,517 | +€17,636 | +937% |
| Profit (loss) for the period | 9904 | €33,597 | €20,081 | -€13,516 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,597 | €20,081 | -€13,516 | -40.2% |
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 25 October 2026 via checked.be.