HIMALIA: 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.
HIMALIA
Largest movements
- Receivables within one year +€105,483
up €105,483 (+318%), from €33,168 to €138,651
of which Other amounts receivable: +€84,116
- Cash +€49,072
up €49,072 (+82.4%), from €59,559 to €108,632
mainly Net result for the year (+€123,371) and Tax, wage and social debts (+€32,382)
- Tangible fixed assets +€10,127
up €10,127 (+35.2%), from €28,739 to €38,866
of which Furniture and vehicles: +€6,488
- Deferred charges and accrued income +€3,035
up €3,035 (+68.9%), from €4,407 to €7,442
- Profit (loss) carried forward +€123,371
up €123,371 (+155%), from €79,424 to €202,795
- Tax, wage and social debts +€32,382
up €32,382 (+103%), from €31,428 to €63,809
- Trade debts +€11,965
up €11,965 (+99.5%), from €12,021 to €23,987
- Gross operating margin +€71,990
up €71,990 (+66.6%), from €108,112 to €180,102
- Taxes +€18,477
up €18,477 (+74.5%), from €24,806 to €43,283
- Depreciation +€6,289
up €6,289 (+239%), from €2,633 to €8,923
- Financial charges +€2,247
up €2,247 (+266%), from €845 to €3,092
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 | €125,873 | €293,591 | +€167,718 | +133% |
| Fixed assets | 21/28 | €28,739 | €38,866 | +€10,127 | +35.2% |
| Tangible fixed assets | 22/27 | €28,739 | €38,866 | +€10,127 | +35.2% |
| Land and buildings | 22 | €4,884 | €8,759 | +€3,875 | +79.4% |
| Plant, machinery and equipment | 23 | €554 | €318 | -€236 | -42.6% |
| Furniture and vehicles | 24 | €23,302 | €29,790 | +€6,488 | +27.8% |
| Current assets | 29/58 | €97,134 | €254,725 | +€157,591 | +162% |
| Amounts receivable within one year | 40/41 | €33,168 | €138,651 | +€105,483 | +318% |
| Trade receivables | 40 | €5,133 | €26,500 | +€21,367 | +416% |
| Other amounts receivable | 41 | €28,035 | €112,150 | +€84,116 | +300% |
| Cash at bank and in hand | 54/58 | €59,559 | €108,632 | +€49,072 | +82.4% |
| Deferred charges and accrued income | 490/1 | €4,407 | €7,442 | +€3,035 | +68.9% |
| Total equity and liabilities | 10/49 | €125,873 | €293,591 | +€167,718 | +133% |
| Equity | 10/15 | €82,424 | €205,795 | +€123,371 | +150% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,424 | €202,795 | +€123,371 | +155% |
| Amounts payable | 17/49 | €43,449 | €87,796 | +€44,347 | +102% |
| Amounts payable within one year | 42/48 | €43,449 | €87,796 | +€44,347 | +102% |
| Trade debts | 44 | €12,021 | €23,987 | +€11,965 | +99.5% |
| Suppliers | 440/4 | €12,021 | €23,987 | +€11,965 | +99.5% |
| Taxes, remuneration and social security | 45 | €31,428 | €63,809 | +€32,382 | +103% |
| Taxes | 450/3 | €31,428 | €63,809 | +€32,382 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,633 | €8,923 | +€6,289 | +239% |
| Other operating charges | 640/8 | €405 | €1,443 | +€1,038 | +256% |
| Gross operating margin | 9900 | €108,112 | €180,102 | +€71,990 | +66.6% |
| Operating profit (loss) | 9901 | €105,074 | €169,737 | +€64,663 | +61.5% |
| Financial income | 75/76B | €0 | €10 | +€10 | +2,122% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +2,122% |
| Financial charges | 65/66B | €845 | €3,092 | +€2,247 | +266% |
| Recurring financial charges | 65 | €845 | €3,092 | +€2,247 | +266% |
| Profit (loss) for the period before taxes | 9903 | €104,229 | €166,654 | +€62,425 | +59.9% |
| Income taxes | 67/77 | €24,806 | €43,283 | +€18,477 | +74.5% |
| Profit (loss) for the period | 9904 | €79,424 | €123,371 | +€43,948 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,424 | €123,371 | +€43,948 | +55.3% |
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 23 October 2026 via checked.be.