Mount K: 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.
Mount K
Largest movements
- Current investments -€180,000
down €180,000 (-100.0%), from €180,000 to €0
- Cash +€175,004
up €175,004 (+225.2%), from €77,702 to €252,706
mainly Other debts (+€319,549) and Current investments (+€180,000)
- Tangible fixed assets +€70,082
new in 2025: €70,082
of which Furniture and vehicles: +€66,636
- Receivables within one year -€3,930
down €3,930 (-12.8%), from €30,658 to €26,728
of which Other amounts receivable: -€25,508
- Other debts +€319,549
new in 2025: €319,549
- Reserves -€258,727
down €258,727 (-100.0%), from €258,727 to €0
- Gross operating margin +€203,236
up €203,236 (+2476.3%), from €8,207 to €211,443
- Taxes +€44,626
up €44,626 (+1710.0%), from €2,610 to €47,235
- Depreciation +€5,216
new in 2025: €5,216
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 | €291,297 | €351,498 | +€60,201 | +20.7% |
| Fixed assets | 21/28 | - | €70,082 | +€70,082 | |
| Tangible fixed assets | 22/27 | - | €70,082 | +€70,082 | |
| Plant, machinery and equipment | 23 | - | €3,445 | +€3,445 | |
| Furniture and vehicles | 24 | - | €66,636 | +€66,636 | |
| Current assets | 29/58 | €291,297 | €281,416 | -€9,881 | -3.4% |
| Amounts receivable within one year | 40/41 | €30,658 | €26,728 | -€3,930 | -12.8% |
| Trade receivables | 40 | €5,000 | €26,578 | +€21,578 | +431.6% |
| Other amounts receivable | 41 | €25,658 | €150 | -€25,508 | -99.4% |
| Current investments | 50/53 | €180,000 | €0 | -€180,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €77,702 | €252,706 | +€175,004 | +225.2% |
| Deferred charges and accrued income | 490/1 | €2,937 | €1,982 | -€955 | -32.5% |
| Total equity and liabilities | 10/49 | €291,297 | €351,498 | +€60,201 | +20.7% |
| Equity | 10/15 | €277,327 | €18,600 | -€258,727 | -93.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €258,727 | €0 | -€258,727 | -100.0% |
| Distributable reserves | 133 | €258,727 | €0 | -€258,727 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,970 | €332,898 | +€318,928 | +2282.9% |
| Amounts payable within one year | 42/48 | €13,970 | €332,898 | +€318,928 | +2282.9% |
| Trade debts | 44 | €0 | €720 | +€720 | |
| Suppliers | 440/4 | €0 | €720 | +€720 | |
| Taxes, remuneration and social security | 45 | €13,970 | €12,628 | -€1,342 | -9.6% |
| Taxes | 450/3 | €10,110 | €12,628 | +€2,518 | +24.9% |
| Remuneration and social security | 454/9 | €3,860 | €0 | -€3,860 | -100.0% |
| Other amounts payable | 47/48 | - | €319,549 | +€319,549 | |
| Remuneration, social security and pensions | 62 | - | €97 | +€97 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,216 | +€5,216 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €817 | €1,634 | +€818 | +100.1% |
| Gross operating margin | 9900 | €8,207 | €211,443 | +€203,236 | +2476.3% |
| Operating profit (loss) | 9901 | €7,390 | €204,496 | +€197,106 | +2667.0% |
| Financial income | 75/76B | €5,045 | €3,711 | -€1,334 | -26.4% |
| Recurring financial income | 75 | €5,045 | €3,711 | -€1,334 | -26.4% |
| Financial charges | 65/66B | €128 | €150 | +€23 | +17.6% |
| Recurring financial charges | 65 | €128 | €150 | +€23 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €12,308 | €208,057 | +€195,750 | +1590.5% |
| Income taxes | 67/77 | €2,610 | €47,235 | +€44,626 | +1710.0% |
| Profit (loss) for the period | 9904 | €9,698 | €160,822 | +€151,124 | +1558.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,698 | €160,822 | +€151,124 | +1558.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.