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MOUNTAINVIEW: 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.

What changed

MOUNTAINVIEW

BE 0811.865.353
NACE 85.599, Other education
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€48,018
2024 · €91,712-€43,694
Equity
€234,054
2024 · €336,036-€101,982
Cash
€177,745
2024 · €593,058-€415,313
Balance sheet total
€471,340
2024 · €1.2m-€681,069

Largest movements

2024 to 2025
Assets
  • Cash -€415,313

    down €415,313 (-70.0%), from €593,058 to €177,745

    mainly Other debts (-€490,005) and Contributions, distributions and other (-€150,000)

  • Receivables within one year -€252,133

    down €252,133 (-57.8%), from €435,916 to €183,783

    of which Trade receivables: -€266,863

Equity and liabilities
  • Other debts -€490,005

    down €490,005 (-76.4%), from €641,094 to €151,089

  • Profit (loss) carried forward -€101,982

    down €101,982 (-46.4%), from €219,976 to €117,994

  • Tax, wage and social debts -€41,718

    down €41,718 (-94.0%), from €44,386 to €2,667

  • Trade debts -€37,734

    down €37,734 (-42.2%), from €89,521 to €51,788

Income statement
  • Gross operating margin -€63,531

    down €63,531 (-45.0%), from €141,167 to €77,637

  • Taxes -€14,055

    down €14,055 (-43.9%), from €31,994 to €17,938

  • Depreciation -€4,094

    down €4,094 (-29.9%), from €13,704 to €9,610

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €91,712
Gross operating margin -€63,531
Depreciation +€4,094
Other operating charges -€81
Financial income +€1,022
Financial charges +€747
Taxes +€14,055
Result 2025 €48,018

Cash bridge derived

cash 2024 to 2025

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.

From operations -€265,313
Investment €0
Financing -€150,000
Cash 2024 €593,058
Net result for the year +€48,018
Depreciation +€9,610
Receivables within one year +€252,133
Deferred charges and accrued income +€4,013
Trade debts -€37,734
Tax, wage and social debts -€41,718
Advances received -€5,385
Other debts -€490,005
Accrued charges and deferred income -€4,246
Contributions, distributions and other -€150,000
Cash 2025 €177,745
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,152,409 €471,340 -€681,069 -59.1%
Fixed assets 21/28 €111,630 €102,020 -€9,610 -8.6%
Intangible fixed assets 21 €16,164 €9,042 -€7,122 -44.1%
Tangible fixed assets 22/27 €3,365 €877 -€2,488 -73.9%
Plant, machinery and equipment 23 €486 €66 -€420 -86.5%
Furniture and vehicles 24 €1,690 €811 -€879 -52.0%
Other tangible fixed assets 26 €1,189 - -€1,189
Financial fixed assets 28 €92,101 €92,101 = 0.0%
Current assets 29/58 €1,040,780 €369,321 -€671,459 -64.5%
Amounts receivable within one year 40/41 €435,916 €183,783 -€252,133 -57.8%
Trade receivables 40 €425,586 €158,723 -€266,863 -62.7%
Other amounts receivable 41 €10,330 €25,060 +€14,730 +142.6%
Cash at bank and in hand 54/58 €593,058 €177,745 -€415,313 -70.0%
Deferred charges and accrued income 490/1 €11,806 €7,793 -€4,013 -34.0%
Total equity and liabilities 10/49 €1,152,409 €471,340 -€681,069 -59.1%
Equity 10/15 €336,036 €234,054 -€101,982 -30.3%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €109,860 €109,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €108,000 €108,000 = 0.0%
Profit (loss) carried forward 14 €219,976 €117,994 -€101,982 -46.4%
Amounts payable 17/49 €816,373 €237,286 -€579,087 -70.9%
Amounts payable within one year 42/48 €786,798 €211,957 -€574,841 -73.1%
Trade debts 44 €89,521 €51,788 -€37,734 -42.2%
Suppliers 440/4 €89,521 €51,788 -€37,734 -42.2%
Advances received on contracts in progress 46 €11,798 €6,413 -€5,385 -45.6%
Taxes, remuneration and social security 45 €44,386 €2,667 -€41,718 -94.0%
Taxes 450/3 €44,386 €2,667 -€41,718 -94.0%
Other amounts payable 47/48 €641,094 €151,089 -€490,005 -76.4%
Accrued charges and deferred income 492/3 €29,575 €25,329 -€4,246 -14.4%
Non-recurring operating income 76A - €11,798 +€11,798
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,704 €9,610 -€4,094 -29.9%
Other operating charges 640/8 €2,318 €2,398 +€81 +3.5%
Gross operating margin 9900 €141,167 €77,637 -€63,531 -45.0%
Operating profit (loss) 9901 €125,146 €65,628 -€59,518 -47.6%
Financial income 75/76B €1 €1,023 +€1,022 +176255.2%
Recurring financial income 75 €1 €1,023 +€1,022 +176255.2%
Financial charges 65/66B €1,441 €694 -€747 -51.8%
Recurring financial charges 65 €1,441 €694 -€747 -51.8%
Profit (loss) for the period before taxes 9903 €123,706 €65,957 -€57,749 -46.7%
Income taxes 67/77 €31,994 €17,938 -€14,055 -43.9%
Profit (loss) for the period 9904 €91,712 €48,018 -€43,694 -47.6%
Profit (loss) for the period to be appropriated 9905 €91,712 €48,018 -€43,694 -47.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.