Mountain View: 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 View
Largest movements
- Intangible fixed assets -€79,941
down €79,941 (-42.0%), from €190,164 to €110,223
- Receivables within one year -€41,492
down €41,492 (-78.7%), from €52,733 to €11,241
of which Other amounts receivable: -€33,550
- Stocks and contracts +€20,638
new in 2025: €20,638
- Tangible fixed assets -€7,252
down €7,252 (-47.0%), from €15,420 to €8,167
of which Furniture and vehicles: -€5,955
- Cash -€3,584
down €3,584 (-32.6%), from €11,007 to €7,423
mainly Contributions, distributions and other (-€110,298) and Stocks and contracts (-€20,638)
- Investment grants -€110,298
down €110,298 (-53.2%), from €207,336 to €97,038
- Trade debts -€20,191
down €20,191 (-58.6%), from €34,427 to €14,237
- Other debts +€16,515
up €16,515 (+85.4%), from €19,335 to €35,850
- Profit (loss) carried forward +€5,800
up €5,800 (+21.3%), from -€27,271 to -€21,471
- Tax, wage and social debts -€3,458
down €3,458 (-97.7%), from €3,539 to €81
- Depreciation +€69,470
up €69,470 (+367.2%), from €18,919 to €88,389
- Gross operating margin +€50,159
up €50,159 (+168.1%), from €29,831 to €79,990
- Financial income +€15,068
new in 2025: €15,068
- Other operating charges -€1,430
down €1,430 (-83.6%), from €1,712 to €281
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 | €269,324 | €157,692 | -€111,632 | -41.4% |
| Fixed assets | 21/28 | €205,584 | €118,391 | -€87,193 | -42.4% |
| Intangible fixed assets | 21 | €190,164 | €110,223 | -€79,941 | -42.0% |
| Tangible fixed assets | 22/27 | €15,420 | €8,167 | -€7,252 | -47.0% |
| Plant, machinery and equipment | 23 | €701 | €137 | -€563 | -80.4% |
| Furniture and vehicles | 24 | €11,517 | €5,562 | -€5,955 | -51.7% |
| Other tangible fixed assets | 26 | €3,202 | €2,468 | -€734 | -22.9% |
| Current assets | 29/58 | €63,740 | €39,302 | -€24,438 | -38.3% |
| Stocks and contracts in progress | 3 | - | €20,638 | +€20,638 | |
| Contracts in progress | 37 | - | €20,638 | +€20,638 | |
| Amounts receivable within one year | 40/41 | €52,733 | €11,241 | -€41,492 | -78.7% |
| Trade receivables | 40 | €10,483 | €2,541 | -€7,942 | -75.8% |
| Other amounts receivable | 41 | €42,250 | €8,700 | -€33,550 | -79.4% |
| Cash at bank and in hand | 54/58 | €11,007 | €7,423 | -€3,584 | -32.6% |
| Total equity and liabilities | 10/49 | €269,324 | €157,692 | -€111,632 | -41.4% |
| Equity | 10/15 | €212,022 | €107,525 | -€104,498 | -49.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,558 | €19,558 | = | 0.0% |
| Distributable reserves | 133 | €19,558 | €19,558 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,271 | -€21,471 | +€5,800 | +21.3% |
| Investment grants | 15 | €207,336 | €97,038 | -€110,298 | -53.2% |
| Amounts payable | 17/49 | €57,301 | €50,168 | -€7,134 | -12.4% |
| Amounts payable within one year | 42/48 | €57,301 | €50,168 | -€7,134 | -12.4% |
| Trade debts | 44 | €34,427 | €14,237 | -€20,191 | -58.6% |
| Suppliers | 440/4 | €34,427 | €14,237 | -€20,191 | -58.6% |
| Taxes, remuneration and social security | 45 | €3,539 | €81 | -€3,458 | -97.7% |
| Taxes | 450/3 | €3,539 | €81 | -€3,458 | -97.7% |
| Other amounts payable | 47/48 | €19,335 | €35,850 | +€16,515 | +85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,919 | €88,389 | +€69,470 | +367.2% |
| Other operating charges | 640/8 | €1,712 | €281 | -€1,430 | -83.6% |
| Non-recurring operating charges | 66A | €380 | - | -€380 | |
| Gross operating margin | 9900 | €29,831 | €79,990 | +€50,159 | +168.1% |
| Operating profit (loss) | 9901 | €8,820 | -€8,679 | -€17,499 | |
| Financial income | 75/76B | - | €15,068 | +€15,068 | |
| Recurring financial income | 75 | - | €15,068 | +€15,068 | |
| Financial charges | 65/66B | €295 | €588 | +€293 | +99.3% |
| Recurring financial charges | 65 | €295 | €588 | +€293 | +99.3% |
| Profit (loss) for the period before taxes | 9903 | €8,525 | €5,800 | -€2,725 | -32.0% |
| Profit (loss) for the period | 9904 | €8,525 | €5,800 | -€2,725 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,525 | €5,800 | -€2,725 | -32.0% |
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 5 October 2026 via checked.be.