MOUNT EVEREST: 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.
MOUNT EVEREST
Largest movements
- Cash -€3,554
down €3,554 (-79.9%), from €4,451 to €897
mainly Trade debts (-€11,815) and Debts after one year (-€8,826)
- Receivables within one year -€3,065
down €3,065 (-5.6%), from €55,003 to €51,938
of which Trade receivables: -€7,987
- Tangible fixed assets -€2,485
down €2,485 (-36.5%), from €6,812 to €4,328
of which Plant, machinery and equipment: -€1,871
- Stocks and contracts -€942
down €942 (-41.6%), from €2,263 to €1,321
- Trade debts -€11,815
down €11,815 (-74.1%), from €15,950 to €4,135
- Debts after one year -€8,826
down €8,826 (-100%), from €8,826 to €0
- Reserves +€5,834
up €5,834 (+24.9%), from €23,419 to €29,253
of which Distributable reserves: +€5,834
- Tax, wage and social debts +€3,448
up €3,448 (+199%), from €1,735 to €5,183
- Current portion of long-term debt +€1,825
up €1,825, from €0 to €1,825
- Taxes +€1,713
up €1,713 (+98.7%), from €1,735 to €3,448
- Financial charges -€1,530
down €1,530 (-38.5%), from €3,971 to €2,441
- Gross operating margin +€789
up €789 (+6.2%), from €12,673 to €13,462
- Depreciation -€534
down €534 (-17.7%), from €3,019 to €2,485
- Other operating charges +€272
up €272 (+15.0%), from €1,813 to €2,085
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 | €68,529 | €58,995 | -€9,534 | -13.9% |
| Fixed assets | 21/28 | €6,812 | €4,328 | -€2,485 | -36.5% |
| Tangible fixed assets | 22/27 | €6,812 | €4,328 | -€2,485 | -36.5% |
| Land and buildings | 22 | €1,521 | €1,271 | -€250 | -16.4% |
| Plant, machinery and equipment | 23 | €4,838 | €2,966 | -€1,871 | -38.7% |
| Furniture and vehicles | 24 | €454 | €91 | -€363 | -80.0% |
| Current assets | 29/58 | €61,717 | €54,667 | -€7,049 | -11.4% |
| Stocks and contracts in progress | 3 | €2,263 | €1,321 | -€942 | -41.6% |
| Stocks | 30/36 | €2,263 | €1,321 | -€942 | -41.6% |
| Amounts receivable within one year | 40/41 | €55,003 | €51,938 | -€3,065 | -5.6% |
| Trade receivables | 40 | €7,987 | €0 | -€7,987 | -100% |
| Other amounts receivable | 41 | €47,016 | €51,938 | +€4,922 | +10.5% |
| Cash at bank and in hand | 54/58 | €4,451 | €897 | -€3,554 | -79.9% |
| Deferred charges and accrued income | 490/1 | - | €512 | +€512 | |
| Total equity and liabilities | 10/49 | €68,529 | €58,995 | -€9,534 | -13.9% |
| Equity | 10/15 | €42,019 | €47,853 | +€5,834 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,419 | €29,253 | +€5,834 | +24.9% |
| Non-distributable reserves | 130/1 | €411 | €411 | = | 0.0% |
| Reserves not available under the articles | 1311 | €411 | €411 | = | 0.0% |
| Distributable reserves | 133 | €23,008 | €28,841 | +€5,834 | +25.4% |
| Amounts payable | 17/49 | €26,511 | €11,143 | -€15,368 | -58.0% |
| Amounts payable after more than one year | 17 | €8,826 | €0 | -€8,826 | -100% |
| Financial debts | 170/4 | €8,826 | €0 | -€8,826 | -100% |
| Amounts payable within one year | 42/48 | €17,685 | €11,143 | -€6,542 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | €1,825 | +€1,825 | |
| Trade debts | 44 | €15,950 | €4,135 | -€11,815 | -74.1% |
| Suppliers | 440/4 | €15,950 | €4,135 | -€11,815 | -74.1% |
| Taxes, remuneration and social security | 45 | €1,735 | €5,183 | +€3,448 | +199% |
| Taxes | 450/3 | €1,735 | €5,183 | +€3,448 | +199% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,019 | €2,485 | -€534 | -17.7% |
| Other operating charges | 640/8 | €1,813 | €2,085 | +€272 | +15.0% |
| Gross operating margin | 9900 | €12,673 | €13,462 | +€789 | +6.2% |
| Operating profit (loss) | 9901 | €7,842 | €8,892 | +€1,050 | +13.4% |
| Financial income | 75/76B | €2,612 | €2,830 | +€219 | +8.4% |
| Recurring financial income | 75 | €2,612 | €2,830 | +€219 | +8.4% |
| Financial charges | 65/66B | €3,971 | €2,441 | -€1,530 | -38.5% |
| Recurring financial charges | 65 | €3,971 | €2,441 | -€1,530 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €6,483 | €9,282 | +€2,799 | +43.2% |
| Income taxes | 67/77 | €1,735 | €3,448 | +€1,713 | +98.7% |
| Profit (loss) for the period | 9904 | €4,748 | €5,834 | +€1,086 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,748 | €5,834 | +€1,086 | +22.9% |
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 27 October 2026 via checked.be.