MOUNTAKHAB: 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.
MOUNTAKHAB
Largest movements
- Stocks and contracts +€13,457
up €13,457 (+635%), from €2,120 to €15,577
- Receivables within one year +€4,789
up €4,789 (+155%), from €3,092 to €7,881
of which Other amounts receivable: +€5,820
- Cash +€3,274
up €3,274 (+8.8%), from €37,331 to €40,605
mainly Trade debts (+€12,314) and Net result for the year (+€8,573)
- Deferred charges and accrued income +€1,317
new in 2025: €1,317
- Intangible fixed assets -€1,000
down €1,000 (-33.3%), from €3,000 to €2,000
- Trade debts +€12,314
up €12,314 (+278%), from €4,427 to €16,741
- Reserves +€8,000
up €8,000 (+430%), from €1,860 to €9,860
- Tax, wage and social debts +€850
up €850 (+18.0%), from €4,730 to €5,580
of which Taxes: +€1,470
- Gross operating margin +€13,491
up €13,491 (+58.0%), from €23,258 to €36,749
- Staff costs +€7,988
up €7,988 (+79.4%), from €10,065 to €18,053
- Taxes +€2,372
up €2,372 (+181%), from €1,311 to €3,683
- Financial charges +€810
up €810 (+29.1%), from €2,782 to €3,592
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 | €45,643 | €67,380 | +€21,737 | +47.6% |
| Fixed assets | 21/28 | €3,100 | €2,000 | -€1,100 | -35.5% |
| Intangible fixed assets | 21 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Tangible fixed assets | 22/27 | €100 | - | -€100 | |
| Furniture and vehicles | 24 | €100 | - | -€100 | |
| Current assets | 29/58 | €42,543 | €65,380 | +€22,837 | +53.7% |
| Stocks and contracts in progress | 3 | €2,120 | €15,577 | +€13,457 | +635% |
| Stocks | 30/36 | €2,120 | €15,577 | +€13,457 | +635% |
| Amounts receivable within one year | 40/41 | €3,092 | €7,881 | +€4,789 | +155% |
| Trade receivables | 40 | €3,076 | €2,045 | -€1,031 | -33.5% |
| Other amounts receivable | 41 | €16 | €5,836 | +€5,820 | +36,375% |
| Cash at bank and in hand | 54/58 | €37,331 | €40,605 | +€3,274 | +8.8% |
| Deferred charges and accrued income | 490/1 | - | €1,317 | +€1,317 | |
| Total equity and liabilities | 10/49 | €45,643 | €67,380 | +€21,737 | +47.6% |
| Equity | 10/15 | €36,486 | €45,059 | +€8,573 | +23.5% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €9,860 | +€8,000 | +430% |
| Distributable reserves | 133 | €1,860 | €9,860 | +€8,000 | +430% |
| Profit (loss) carried forward | 14 | €25,926 | €26,499 | +€573 | +2.2% |
| Amounts payable | 17/49 | €9,157 | €22,321 | +€13,164 | +144% |
| Amounts payable within one year | 42/48 | €9,157 | €22,321 | +€13,164 | +144% |
| Trade debts | 44 | €4,427 | €16,741 | +€12,314 | +278% |
| Suppliers | 440/4 | €4,427 | €16,741 | +€12,314 | +278% |
| Taxes, remuneration and social security | 45 | €4,730 | €5,580 | +€850 | +18.0% |
| Taxes | 450/3 | €2,232 | €3,702 | +€1,470 | +65.9% |
| Remuneration and social security | 454/9 | €2,498 | €1,878 | -€620 | -24.8% |
| Remuneration, social security and pensions | 62 | €10,065 | €18,053 | +€7,988 | +79.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,231 | €1,100 | -€131 | -10.6% |
| Other operating charges | 640/8 | €1,515 | €1,748 | +€233 | +15.4% |
| Gross operating margin | 9900 | €23,258 | €36,749 | +€13,491 | +58.0% |
| Operating profit (loss) | 9901 | €10,447 | €15,848 | +€5,401 | +51.7% |
| Financial charges | 65/66B | €2,782 | €3,592 | +€810 | +29.1% |
| Recurring financial charges | 65 | €2,782 | €3,592 | +€810 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €7,665 | €12,256 | +€4,591 | +59.9% |
| Income taxes | 67/77 | €1,311 | €3,683 | +€2,372 | +181% |
| Profit (loss) for the period | 9904 | €6,354 | €8,573 | +€2,219 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,354 | €8,573 | +€2,219 | +34.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.