MOUNTAINS BEYOND MOUNTAINS: what changed
MOUNTAINS BEYOND MOUNTAINS
Largest movements
- Cash -€16,397
down €16,397 (-81.8%), from €20,053 to €3,656
mainly Contributions, distributions and other (-€28,769) and Receivables within one year (-€12,164)
- Receivables after one year -€15,000
down €15,000 (-100%), from €15,000 to €0
- Receivables within one year +€12,164
up €12,164 (+88.4%), from €13,767 to €25,932
of which Trade receivables: +€7,121
- Deferred charges and accrued income +€3,780
up €3,780 (+219%), from €1,723 to €5,503
- Reserves -€12,526
down €12,526 (-100%), from €12,526 to €0
- Debts after one year -€5,794
down €5,794 (-100%), from €5,794 to €0
- Other debts +€5,031
up €5,031 (+16.7%), from €30,066 to €35,097
- Tax, wage and social debts -€2,314
down €2,314 (-29.3%), from €7,907 to €5,593
of which Taxes: -€4,314
- Current portion of long-term debt -€798
down €798 (-12.1%), from €6,592 to €5,794
- Gross operating margin -€12,819
down €12,819 (-29.1%), from €44,076 to €31,256
- Taxes -€3,137
down €3,137 (-39.5%), from €7,944 to €4,807
- Depreciation +€1,070
up €1,070 (+13.7%), from €7,820 to €8,889
- Financial income +€631
up €631 (+280%), from €225 to €856
- Financial charges +€584
up €584 (+130%), from €449 to €1,032
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,783 | €51,154 | -€15,629 | -23.4% |
| Fixed assets | 21/28 | €16,240 | €16,064 | -€176 | -1.1% |
| Tangible fixed assets | 22/27 | €16,240 | €16,064 | -€176 | -1.1% |
| Plant, machinery and equipment | 23 | €2,202 | €1,405 | -€797 | -36.2% |
| Furniture and vehicles | 24 | €2,252 | €9,616 | +€7,364 | +327% |
| Leasing and similar rights | 25 | €11,786 | €5,043 | -€6,743 | -57.2% |
| Current assets | 29/58 | €50,544 | €35,091 | -€15,453 | -30.6% |
| Amounts receivable after more than one year | 29 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts receivable | 291 | €15,000 | €0 | -€15,000 | -100% |
| Amounts receivable within one year | 40/41 | €13,767 | €25,932 | +€12,164 | +88.4% |
| Trade receivables | 40 | €13,556 | €20,676 | +€7,121 | +52.5% |
| Other amounts receivable | 41 | €212 | €5,255 | +€5,043 | +2,382% |
| Cash at bank and in hand | 54/58 | €20,053 | €3,656 | -€16,397 | -81.8% |
| Deferred charges and accrued income | 490/1 | €1,723 | €5,503 | +€3,780 | +219% |
| Total equity and liabilities | 10/49 | €66,783 | €51,154 | -€15,629 | -23.4% |
| Equity | 10/15 | €15,026 | €2,500 | -€12,526 | -83.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,526 | €0 | -€12,526 | -100% |
| Distributable reserves | 133 | €12,526 | €0 | -€12,526 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,757 | €48,654 | -€3,103 | -6.0% |
| Amounts payable after more than one year | 17 | €5,794 | €0 | -€5,794 | -100% |
| Financial debts | 170/4 | €5,794 | €0 | -€5,794 | -100% |
| Amounts payable within one year | 42/48 | €45,964 | €48,484 | +€2,521 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €6,592 | €5,794 | -€798 | -12.1% |
| Financial debts | 43 | €100 | €0 | -€100 | -100% |
| Credit institutions | 430/8 | €100 | €0 | -€100 | -100% |
| Trade debts | 44 | €1,298 | €2,000 | +€702 | +54.1% |
| Suppliers | 440/4 | €1,298 | €2,000 | +€702 | +54.1% |
| Taxes, remuneration and social security | 45 | €7,907 | €5,593 | -€2,314 | -29.3% |
| Taxes | 450/3 | €7,907 | €3,593 | -€4,314 | -54.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €30,066 | €35,097 | +€5,031 | +16.7% |
| Accrued charges and deferred income | 492/3 | - | €170 | +€170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,820 | €8,889 | +€1,070 | +13.7% |
| Other operating charges | 640/8 | €934 | €1,141 | +€207 | +22.1% |
| Gross operating margin | 9900 | €44,076 | €31,256 | -€12,819 | -29.1% |
| Operating profit (loss) | 9901 | €35,322 | €21,226 | -€14,096 | -39.9% |
| Financial income | 75/76B | €225 | €856 | +€631 | +280% |
| Recurring financial income | 75 | €225 | €856 | +€631 | +280% |
| Financial charges | 65/66B | €449 | €1,032 | +€584 | +130% |
| Recurring financial charges | 65 | €449 | €1,032 | +€584 | +130% |
| Profit (loss) for the period before taxes | 9903 | €35,098 | €21,050 | -€14,048 | -40.0% |
| Income taxes | 67/77 | €7,944 | €4,807 | -€3,137 | -39.5% |
| Profit (loss) for the period | 9904 | €27,154 | €16,243 | -€10,911 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,154 | €16,243 | -€10,911 | -40.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.