Mountain Constructions: 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.
Mountain Constructions
Largest movements
- Current investments +€9,387
new in 2025: €9,387
- Receivables within one year -€6,885
down €6,885 (-89.5%), from €7,697 to €812
of which Trade receivables: -€6,486
- Cash -€2,989
down €2,989 (-10.7%), from €27,874 to €24,885
mainly Current investments (-€9,387) and Trade debts (-€7,080)
- Tangible fixed assets -€575
down €575 (-21.3%), from €2,700 to €2,125
- Reserves +€7,774
up €7,774 (+51.4%), from €15,122 to €22,896
- Trade debts -€7,080
down €7,080 (-84.1%), from €8,417 to €1,337
- Tax, wage and social debts -€1,281
down €1,281 (-14.3%), from €8,947 to €7,666
- Gross operating margin +€4,912
up €4,912 (+63.4%), from €7,748 to €12,660
- Taxes +€896
up €896 (+45.0%), from €1,991 to €2,887
- Financial charges +€639
up €639 (+546%), from €117 to €756
- Depreciation +€402
up €402 (+233%), from €173 to €575
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 | €38,336 | €37,508 | -€828 | -2.2% |
| Fixed assets | 21/28 | €2,700 | €2,125 | -€575 | -21.3% |
| Tangible fixed assets | 22/27 | €2,700 | €2,125 | -€575 | -21.3% |
| Furniture and vehicles | 24 | €2,700 | €2,125 | -€575 | -21.3% |
| Current assets | 29/58 | €35,636 | €35,383 | -€254 | -0.7% |
| Amounts receivable within one year | 40/41 | €7,697 | €812 | -€6,885 | -89.5% |
| Trade receivables | 40 | €6,734 | €248 | -€6,486 | -96.3% |
| Other amounts receivable | 41 | €963 | €564 | -€399 | -41.4% |
| Current investments | 50/53 | - | €9,387 | +€9,387 | |
| Cash at bank and in hand | 54/58 | €27,874 | €24,885 | -€2,989 | -10.7% |
| Deferred charges and accrued income | 490/1 | €65 | €298 | +€233 | +359% |
| Total equity and liabilities | 10/49 | €38,336 | €37,508 | -€828 | -2.2% |
| Equity | 10/15 | €19,122 | €26,896 | +€7,774 | +40.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Other | 1109/19 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €15,122 | €22,896 | +€7,774 | +51.4% |
| Distributable reserves | 133 | €15,122 | €22,896 | +€7,774 | +51.4% |
| Amounts payable | 17/49 | €19,214 | €10,612 | -€8,602 | -44.8% |
| Amounts payable within one year | 42/48 | €18,974 | €10,612 | -€8,362 | -44.1% |
| Trade debts | 44 | €8,417 | €1,337 | -€7,080 | -84.1% |
| Suppliers | 440/4 | €8,417 | €1,337 | -€7,080 | -84.1% |
| Taxes, remuneration and social security | 45 | €8,947 | €7,666 | -€1,281 | -14.3% |
| Taxes | 450/3 | €8,947 | €7,666 | -€1,281 | -14.3% |
| Other amounts payable | 47/48 | €1,610 | €1,609 | -€1 | -0.1% |
| Accrued charges and deferred income | 492/3 | €240 | - | -€240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173 | €575 | +€402 | +233% |
| Other operating charges | 640/8 | €556 | €669 | +€114 | +20.5% |
| Gross operating margin | 9900 | €7,748 | €12,660 | +€4,912 | +63.4% |
| Operating profit (loss) | 9901 | €7,020 | €11,416 | +€4,396 | +62.6% |
| Financial income | 75/76B | €64 | €1 | -€63 | -98.7% |
| Recurring financial income | 75 | €64 | €1 | -€63 | -98.7% |
| Financial charges | 65/66B | €117 | €756 | +€639 | +546% |
| Recurring financial charges | 65 | €117 | €756 | +€639 | +546% |
| Profit (loss) for the period before taxes | 9903 | €6,967 | €10,661 | +€3,694 | +53.0% |
| Income taxes | 67/77 | €1,991 | €2,887 | +€896 | +45.0% |
| Profit (loss) for the period | 9904 | €4,976 | €7,774 | +€2,797 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,976 | €7,774 | +€2,797 | +56.2% |
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 16 October 2026 via checked.be.