MOUNT X: 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 X
Largest movements
- Receivables within one year +€15,455
up €15,455 (+25.9%), from €59,582 to €75,037
of which Trade receivables: +€17,443
- Cash -€10,189
down €10,189 (-25.9%), from €39,287 to €29,098
mainly Receivables within one year (-€15,455) and Tax, wage and social debts (-€2,052)
- Tangible fixed assets +€1,384
up €1,384 (+208.3%), from €664 to €2,048
- Profit (loss) carried forward +€5,658
up €5,658 (+10.7%), from €53,064 to €58,722
- Trade debts +€3,138
up €3,138 (+8.3%), from €37,707 to €40,845
of which Bills of exchange payable: +€3,043
- Tax, wage and social debts -€2,052
down €2,052 (-55.9%), from €3,668 to €1,616
- Turnover +€294,528
new in 2025: €294,528
- Purchases and services +€284,286
new in 2025: €284,286
- Gross operating margin -€10,001
down €10,001 (-49.4%), from €20,243 to €10,242
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 | €99,533 | €106,183 | +€6,650 | +6.7% |
| Fixed assets | 21/28 | €664 | €2,048 | +€1,384 | +208.3% |
| Tangible fixed assets | 22/27 | €664 | €2,048 | +€1,384 | +208.3% |
| Furniture and vehicles | 24 | €664 | €2,048 | +€1,384 | +208.3% |
| Current assets | 29/58 | €98,869 | €104,135 | +€5,266 | +5.3% |
| Amounts receivable within one year | 40/41 | €59,582 | €75,037 | +€15,455 | +25.9% |
| Trade receivables | 40 | €49,573 | €67,016 | +€17,443 | +35.2% |
| Other amounts receivable | 41 | €10,009 | €8,021 | -€1,988 | -19.9% |
| Cash at bank and in hand | 54/58 | €39,287 | €29,098 | -€10,189 | -25.9% |
| Total equity and liabilities | 10/49 | €99,533 | €106,183 | +€6,650 | +6.7% |
| Equity | 10/15 | €58,064 | €63,722 | +€5,658 | +9.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,064 | €58,722 | +€5,658 | +10.7% |
| Amounts payable | 17/49 | €41,469 | €42,461 | +€991 | +2.4% |
| Amounts payable within one year | 42/48 | €41,375 | €42,461 | +€1,086 | +2.6% |
| Trade debts | 44 | €37,707 | €40,845 | +€3,138 | +8.3% |
| Suppliers | 440/4 | €28,455 | €28,550 | +€95 | +0.3% |
| Bills of exchange payable | 441 | €9,251 | €12,294 | +€3,043 | +32.9% |
| Taxes, remuneration and social security | 45 | €3,668 | €1,616 | -€2,052 | -55.9% |
| Taxes | 450/3 | €3,668 | €1,616 | -€2,052 | -55.9% |
| Accrued charges and deferred income | 492/3 | €94 | - | -€94 | |
| Turnover | 70 | - | €294,528 | +€294,528 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €284,286 | +€284,286 | |
| Remuneration, social security and pensions | 62 | €326 | €211 | -€115 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €532 | +€158 | +42.2% |
| Other operating charges | 640/8 | €271 | €689 | +€418 | +154.4% |
| Gross operating margin | 9900 | €20,243 | €10,242 | -€10,001 | -49.4% |
| Operating profit (loss) | 9901 | €19,272 | €8,809 | -€10,462 | -54.3% |
| Financial charges | 65/66B | €1,391 | €1,535 | +€144 | +10.3% |
| Recurring financial charges | 65 | €1,391 | €1,535 | +€144 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €17,881 | €7,274 | -€10,606 | -59.3% |
| Income taxes | 67/77 | €3,668 | €1,616 | -€2,052 | -55.9% |
| Profit (loss) for the period | 9904 | €14,212 | €5,658 | -€8,554 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,212 | €5,658 | -€8,554 | -60.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.