MOUNTAIN CORNER: 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.
MOUNTAIN CORNER
Largest movements
- Cash +€428,245
up €428,245 (+561.2%), from €76,309 to €504,554
mainly Other debts (+€407,243) and Net result for the year (+€149,656)
- Receivables within one year +€75,919
up €75,919 (+37.5%), from €202,581 to €278,500
of which Trade receivables: +€277,919
- Tangible fixed assets -€71,451
down €71,451 (-3.1%), from €2.3m to €2.2m
of which Land and buildings: -€73,086
- Other debts +€407,243
up €407,243 (+139.8%), from €291,377 to €698,620
- Debts after one year -€163,293
down €163,293 (-8.0%), from €2.0m to €1.9m
- Profit (loss) carried forward +€137,256
up €137,256, from -€34,895 to €102,360
- Depreciation -€121,485
down €121,485 (-61.6%), from €197,147 to €75,663
- Gross operating margin +€102,236
up €102,236 (+42.3%), from €241,845 to €344,081
- Other operating charges -€14,750
down €14,750 (-31.9%), from €46,171 to €31,422
- Taxes +€7,857
up €7,857 (+45.8%), from €17,143 to €25,000
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 | €2,594,174 | €3,026,887 | +€432,714 | +16.7% |
| Fixed assets | 21/28 | €2,315,284 | €2,243,833 | -€71,451 | -3.1% |
| Tangible fixed assets | 22/27 | €2,311,259 | €2,239,808 | -€71,451 | -3.1% |
| Land and buildings | 22 | €2,300,703 | €2,227,618 | -€73,086 | -3.2% |
| Plant, machinery and equipment | 23 | €10,555 | €12,191 | +€1,635 | +15.5% |
| Financial fixed assets | 28 | €4,025 | €4,025 | = | 0.0% |
| Current assets | 29/58 | €278,890 | €783,054 | +€504,164 | +180.8% |
| Amounts receivable within one year | 40/41 | €202,581 | €278,500 | +€75,919 | +37.5% |
| Trade receivables | 40 | €581 | €278,500 | +€277,919 | +47832.9% |
| Other amounts receivable | 41 | €202,000 | €0 | -€202,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €76,309 | €504,554 | +€428,245 | +561.2% |
| Total equity and liabilities | 10/49 | €2,594,174 | €3,026,887 | +€432,714 | +16.7% |
| Equity | 10/15 | €89,105 | €238,760 | +€149,656 | +168.0% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | - | €12,400 | +€12,400 | |
| Non-distributable reserves | 130/1 | - | €12,400 | +€12,400 | |
| Other | 1319 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | -€34,895 | €102,360 | +€137,256 | |
| Amounts payable | 17/49 | €2,505,069 | €2,788,127 | +€283,058 | +11.3% |
| Amounts payable after more than one year | 17 | €2,032,869 | €1,869,576 | -€163,293 | -8.0% |
| Financial debts | 170/4 | €2,032,869 | €1,869,576 | -€163,293 | -8.0% |
| Amounts payable within one year | 42/48 | €472,201 | €918,551 | +€446,351 | +94.5% |
| Current portion of amounts payable after more than one year | 42 | €154,540 | €163,293 | +€8,753 | +5.7% |
| Trade debts | 44 | €26,284 | €31,639 | +€5,354 | +20.4% |
| Suppliers | 440/4 | €26,284 | €31,639 | +€5,354 | +20.4% |
| Taxes, remuneration and social security | 45 | - | €25,000 | +€25,000 | |
| Taxes | 450/3 | - | €25,000 | +€25,000 | |
| Other amounts payable | 47/48 | €291,377 | €698,620 | +€407,243 | +139.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,147 | €75,663 | -€121,485 | -61.6% |
| Other operating charges | 640/8 | €46,171 | €31,422 | -€14,750 | -31.9% |
| Gross operating margin | 9900 | €241,845 | €344,081 | +€102,236 | +42.3% |
| Operating profit (loss) | 9901 | -€1,474 | €236,996 | +€238,470 | |
| Financial charges | 65/66B | €59,835 | €62,341 | +€2,506 | +4.2% |
| Recurring financial charges | 65 | €59,835 | €62,341 | +€2,506 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€61,309 | €174,656 | +€235,964 | |
| Income taxes | 67/77 | €17,143 | €25,000 | +€7,857 | +45.8% |
| Profit (loss) for the period | 9904 | -€78,451 | €149,656 | +€228,107 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,451 | €149,656 | +€228,107 |
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 30 September 2026 via checked.be.