Himalchuli: 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.
Himalchuli
Largest movements
- Tangible fixed assets -€23,354
down €23,354 (-21.7%), from €107,808 to €84,454
of which Other tangible fixed assets: -€21,116
- Cash +€19,507
up €19,507 (+505.4%), from €3,860 to €23,366
mainly Depreciation (+€24,785) and Trade debts (+€23,929)
- Receivables within one year +€11,759
up €11,759 (+275.0%), from €4,276 to €16,035
of which Trade receivables: +€13,829
- Financial fixed assets -€5,000
no longer reported in 2025 (was €5,000)
- Trade debts +€23,929
up €23,929 (+89.5%), from €26,737 to €50,666
- Debts after one year -€18,256
down €18,256 (-60.8%), from €30,043 to €11,787
- Other debts +€10,259
up €10,259 (+7.2%), from €142,072 to €152,332
- Tax, wage and social debts -€6,824
down €6,824 (-19.2%), from €35,469 to €28,645
of which Remuneration and social security: -€9,953
- Profit (loss) carried forward -€3,788
down €3,788 (-2.6%), from -€144,062 to -€147,850
- Gross operating margin +€11,541
up €11,541 (+10.0%), from €115,146 to €126,687
- Other operating charges +€1,552
up €1,552 (+1315.5%), from €118 to €1,670
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 | €120,944 | €123,855 | +€2,911 | +2.4% |
| Fixed assets | 21/28 | €112,808 | €84,454 | -€28,354 | -25.1% |
| Tangible fixed assets | 22/27 | €107,808 | €84,454 | -€23,354 | -21.7% |
| Plant, machinery and equipment | 23 | €8,868 | €6,630 | -€2,239 | -25.2% |
| Other tangible fixed assets | 26 | €98,940 | €77,824 | -€21,116 | -21.3% |
| Financial fixed assets | 28 | €5,000 | - | -€5,000 | |
| Current assets | 29/58 | €8,136 | €39,401 | +€31,266 | +384.3% |
| Amounts receivable within one year | 40/41 | €4,276 | €16,035 | +€11,759 | +275.0% |
| Trade receivables | 40 | €100 | €13,929 | +€13,829 | +13829.1% |
| Other amounts receivable | 41 | €4,176 | €2,106 | -€2,070 | -49.6% |
| Cash at bank and in hand | 54/58 | €3,860 | €23,366 | +€19,507 | +505.4% |
| Total equity and liabilities | 10/49 | €120,944 | €123,855 | +€2,911 | +2.4% |
| Equity | 10/15 | -€134,062 | -€137,850 | -€3,788 | -2.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,062 | -€147,850 | -€3,788 | -2.6% |
| Amounts payable | 17/49 | €255,006 | €261,705 | +€6,699 | +2.6% |
| Amounts payable after more than one year | 17 | €30,043 | €11,787 | -€18,256 | -60.8% |
| Financial debts | 170/4 | €30,043 | €11,787 | -€18,256 | -60.8% |
| Amounts payable within one year | 42/48 | €224,962 | €249,918 | +€24,956 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €20,684 | €18,275 | -€2,409 | -11.6% |
| Trade debts | 44 | €26,737 | €50,666 | +€23,929 | +89.5% |
| Suppliers | 440/4 | €26,737 | €50,666 | +€23,929 | +89.5% |
| Taxes, remuneration and social security | 45 | €35,469 | €28,645 | -€6,824 | -19.2% |
| Taxes | 450/3 | €2,843 | €5,972 | +€3,129 | +110.1% |
| Remuneration and social security | 454/9 | €32,625 | €22,672 | -€9,953 | -30.5% |
| Other amounts payable | 47/48 | €142,072 | €152,332 | +€10,259 | +7.2% |
| Remuneration, social security and pensions | 62 | €102,678 | €102,013 | -€664 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,929 | €24,785 | -€144 | -0.6% |
| Other operating charges | 640/8 | €118 | €1,670 | +€1,552 | +1315.5% |
| Gross operating margin | 9900 | €115,146 | €126,687 | +€11,541 | +10.0% |
| Operating profit (loss) | 9901 | -€12,579 | -€1,781 | +€10,797 | +85.8% |
| Financial income | 75/76B | - | €106 | +€106 | |
| Recurring financial income | 75 | - | €96 | +€96 | |
| Non-recurring financial income | 76B | - | €10 | +€10 | |
| Financial charges | 65/66B | €3,320 | €2,112 | -€1,208 | -36.4% |
| Recurring financial charges | 65 | €3,320 | €2,112 | -€1,208 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,899 | -€3,788 | +€12,111 | +76.2% |
| Profit (loss) for the period | 9904 | -€15,899 | -€3,788 | +€12,111 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,899 | -€3,788 | +€12,111 | +76.2% |
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.