Mont Gelé: 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.
Mont Gelé
Largest movements
- Financial fixed assets +€117,275
new in 2025: €117,275
- Current investments -€108,684
no longer reported in 2025 (was €108,684)
- Cash +€78,343
up €78,343 (+109%), from €71,550 to €149,892
mainly Net result for the year (+€119,661) and Current investments (+€108,684)
- Tangible fixed assets +€13,582
up €13,582 (+138%), from €9,847 to €23,429
- Profit (loss) carried forward +€118,861
up €118,861 (+76.5%), from €155,311 to €274,172
- Tax, wage and social debts -€11,739
down €11,739 (-27.6%), from €42,509 to €30,770
- Other debts -€3,566
down €3,566 (-81.6%), from €4,368 to €802
- Gross operating margin -€32,871
down €32,871 (-17.4%), from €189,106 to €156,235
- Taxes -€11,649
down €11,649 (-27.5%), from €42,292 to €30,642
- Depreciation +€4,433
up €4,433 (+248%), from €1,786 to €6,218
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 | €205,914 | €308,744 | +€102,830 | +49.9% |
| Fixed assets | 21/28 | €9,847 | €140,703 | +€130,857 | +1,329% |
| Tangible fixed assets | 22/27 | €9,847 | €23,429 | +€13,582 | +138% |
| Furniture and vehicles | 24 | €9,847 | €23,429 | +€13,582 | +138% |
| Financial fixed assets | 28 | - | €117,275 | +€117,275 | |
| Current assets | 29/58 | €196,067 | €168,041 | -€28,026 | -14.3% |
| Amounts receivable within one year | 40/41 | €15,833 | €17,875 | +€2,042 | +12.9% |
| Trade receivables | 40 | €15,833 | €17,875 | +€2,042 | +12.9% |
| Current investments | 50/53 | €108,684 | - | -€108,684 | |
| Cash at bank and in hand | 54/58 | €71,550 | €149,892 | +€78,343 | +109% |
| Deferred charges and accrued income | 490/1 | - | €274 | +€274 | |
| Total equity and liabilities | 10/49 | €205,914 | €308,744 | +€102,830 | +49.9% |
| Equity | 10/15 | €158,311 | €277,172 | +€118,861 | +75.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,311 | €274,172 | +€118,861 | +76.5% |
| Amounts payable | 17/49 | €47,603 | €31,573 | -€16,031 | -33.7% |
| Amounts payable within one year | 42/48 | €47,603 | €31,573 | -€16,031 | -33.7% |
| Trade debts | 44 | €726 | - | -€726 | |
| Suppliers | 440/4 | €726 | - | -€726 | |
| Taxes, remuneration and social security | 45 | €42,509 | €30,770 | -€11,739 | -27.6% |
| Taxes | 450/3 | €42,509 | €30,770 | -€11,739 | -27.6% |
| Other amounts payable | 47/48 | €4,368 | €802 | -€3,566 | -81.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,786 | €6,218 | +€4,433 | +248% |
| Other operating charges | 640/8 | - | €132 | +€132 | |
| Gross operating margin | 9900 | €189,106 | €156,235 | -€32,871 | -17.4% |
| Operating profit (loss) | 9901 | €187,321 | €149,884 | -€37,437 | -20.0% |
| Financial income | 75/76B | €75 | €441 | +€366 | +488% |
| Recurring financial income | 75 | €75 | €441 | +€366 | +488% |
| Financial charges | 65/66B | €424 | €22 | -€402 | -94.7% |
| Recurring financial charges | 65 | €424 | €22 | -€402 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | €186,971 | €150,303 | -€36,668 | -19.6% |
| Income taxes | 67/77 | €42,292 | €30,642 | -€11,649 | -27.5% |
| Profit (loss) for the period | 9904 | €144,680 | €119,661 | -€25,019 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €144,680 | €119,661 | -€25,019 | -17.3% |
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 1 November 2026 via checked.be.