MOUNTAINCUTTERS: 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.
MOUNTAINCUTTERS
Largest movements
- Receivables within one year +€1,325
up €1,325 (+52.0%), from €2,547 to €3,873
of which Trade receivables: +€1,519
- Cash -€339
down €339 (-7.9%), from €4,270 to €3,932
mainly Investment in fixed assets (net) (-€2,162) and Tax, wage and social debts (-€1,950)
- Tangible fixed assets +€173
up €173 (+2.7%), from €6,298 to €6,470
of which Furniture and vehicles: +€633
- Profit (loss) carried forward +€2,465
up €2,465 (+60.5%), from €4,076 to €6,541
- Tax, wage and social debts -€1,950
no longer reported in 2025 (was €1,950)
- Other debts +€598
up €598 (+22.5%), from €2,659 to €3,258
- Gross operating margin -€2,751
down €2,751 (-37.8%), from €7,286 to €4,535
- Taxes -€2,052
down €2,052, from €1,950 to -€102
- Depreciation +€1,327
up €1,327 (+200%), from €662 to €1,989
- Other operating charges -€500
no longer reported in 2025 (was €500)
- Financial charges +€86
up €86 (+88.7%), from €97 to €183
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 | €13,115 | €14,275 | +€1,159 | +8.8% |
| Fixed assets | 21/28 | €6,298 | €6,470 | +€173 | +2.7% |
| Tangible fixed assets | 22/27 | €6,298 | €6,470 | +€173 | +2.7% |
| Plant, machinery and equipment | 23 | €3,667 | €2,867 | -€800 | -21.8% |
| Furniture and vehicles | 24 | €2,631 | €3,264 | +€633 | +24.0% |
| Other tangible fixed assets | 26 | - | €340 | +€340 | |
| Current assets | 29/58 | €6,818 | €7,804 | +€987 | +14.5% |
| Amounts receivable within one year | 40/41 | €2,547 | €3,873 | +€1,325 | +52.0% |
| Trade receivables | 40 | €130 | €1,649 | +€1,519 | +1,169% |
| Other amounts receivable | 41 | €2,417 | €2,224 | -€194 | -8.0% |
| Cash at bank and in hand | 54/58 | €4,270 | €3,932 | -€339 | -7.9% |
| Total equity and liabilities | 10/49 | €13,115 | €14,275 | +€1,159 | +8.8% |
| Equity | 10/15 | €5,676 | €8,141 | +€2,465 | +43.4% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,076 | €6,541 | +€2,465 | +60.5% |
| Amounts payable | 17/49 | €7,439 | €6,133 | -€1,306 | -17.6% |
| Amounts payable within one year | 42/48 | €7,439 | €6,133 | -€1,306 | -17.6% |
| Trade debts | 44 | €2,830 | €2,876 | +€46 | +1.6% |
| Suppliers | 440/4 | €2,830 | €2,876 | +€46 | +1.6% |
| Taxes, remuneration and social security | 45 | €1,950 | - | -€1,950 | |
| Taxes | 450/3 | €1,950 | - | -€1,950 | |
| Other amounts payable | 47/48 | €2,659 | €3,258 | +€598 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €1,989 | +€1,327 | +200% |
| Other operating charges | 640/8 | €500 | - | -€500 | |
| Gross operating margin | 9900 | €7,286 | €4,535 | -€2,751 | -37.8% |
| Operating profit (loss) | 9901 | €6,123 | €2,546 | -€3,577 | -58.4% |
| Financial charges | 65/66B | €97 | €183 | +€86 | +88.7% |
| Recurring financial charges | 65 | €97 | €183 | +€86 | +88.7% |
| Profit (loss) for the period before taxes | 9903 | €6,026 | €2,363 | -€3,663 | -60.8% |
| Income taxes | 67/77 | €1,950 | -€102 | -€2,052 | |
| Profit (loss) for the period | 9904 | €4,076 | €2,465 | -€1,611 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,076 | €2,465 | -€1,611 | -39.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.