MOUNTEQSHOP: 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.
What changed
MOUNTEQSHOP
NACE 47.120, Other non-specialised retail sale
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€241,293
2024 · €295,697-€54,404
Equity
€377,889
2024 · €206,596+€171,293
Cash
€952
2024 · €11,060-€10,108
Balance sheet total
€1.5m
2024 · €1.0m+€431,773
Largest movements
Assets
- Stocks and contracts +€420,912
up €420,912 (+48.1%), from €874,389 to €1.3m
- Receivables within one year +€47,272
up €47,272 (+42.6%), from €110,950 to €158,223
of which Trade receivables: +€47,358
- Intangible fixed assets -€30,968
down €30,968 (-100.0%), from €30,968 to €0
Equity and liabilities
- Other debts +€225,219
up €225,219 (+45.5%), from €495,372 to €720,591
- Profit (loss) carried forward +€171,293
up €171,293 (+94.3%), from €181,596 to €352,889
- Short-term financial debts +€83,000
up €83,000, from €0 to €83,000
- Debts after one year -€60,179
down €60,179 (-30.4%), from €197,885 to €137,706
- Trade debts +€44,979
up €44,979 (+133.4%), from €33,730 to €78,708
Income statement
- Taxes +€47,550
up €47,550 (+435.1%), from €10,927 to €58,478
- Gross operating margin +€30,847
up €30,847 (+8.0%), from €383,892 to €414,739
- Write-downs +€8,131
new in 2025: €8,131
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.
Result 2024
€295,697
Gross operating margin
+€30,847
Staff costs
+€2,708
Depreciation
+€3,765
Write-downs
-€8,131
Other operating charges
-€497
Other operating items
-€37,087
Financial income
+€2,517
Financial charges
-€974
Taxes
-€47,550
Result 2025
€241,293
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.
From operations
+€12,556
Investment
+€28,230
Financing
-€50,894
Cash 2024
€11,060
From operations (derived)
+€12,556
Net result for the year
+€241,293
Depreciation
+€1,704
Stocks and contracts
-€420,912
Receivables within one year
-€47,272
Deferred charges and accrued income
-€3,631
Trade debts
+€44,979
Tax, wage and social debts
-€31,273
Advances received
+€2,449
Other debts
+€225,219
Investment (derived)
+€28,230
Investment in fixed assets (net)
+€28,230
Financing
-€50,894
Debts after one year
-€60,179
Current portion of long-term debt
-€3,716
Short-term financial debts
+€83,000
Contributions, distributions and other
-€70,000
Cash 2025
€952
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,045,329 | €1,477,102 | +€431,773 | +41.3% |
| Fixed assets | 21/28 | €48,186 | €18,252 | -€29,934 | -62.1% |
| Intangible fixed assets | 21 | €30,968 | €0 | -€30,968 | -100.0% |
| Tangible fixed assets | 22/27 | €17,218 | €18,252 | +€1,034 | +6.0% |
| Plant, machinery and equipment | 23 | €595 | €1,765 | +€1,171 | +196.8% |
| Furniture and vehicles | 24 | €1,200 | €753 | -€447 | -37.3% |
| Other tangible fixed assets | 26 | €15,423 | €15,734 | +€311 | +2.0% |
| Current assets | 29/58 | €997,143 | €1,458,850 | +€461,707 | +46.3% |
| Stocks and contracts in progress | 3 | €874,389 | €1,295,301 | +€420,912 | +48.1% |
| Stocks | 30/36 | €874,389 | €1,295,301 | +€420,912 | +48.1% |
| Amounts receivable within one year | 40/41 | €110,950 | €158,223 | +€47,272 | +42.6% |
| Trade receivables | 40 | €110,864 | €158,223 | +€47,358 | +42.7% |
| Other amounts receivable | 41 | €86 | €0 | -€86 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,060 | €952 | -€10,108 | -91.4% |
| Deferred charges and accrued income | 490/1 | €743 | €4,374 | +€3,631 | +488.4% |
| Total equity and liabilities | 10/49 | €1,045,329 | €1,477,102 | +€431,773 | +41.3% |
| Equity | 10/15 | €206,596 | €377,889 | +€171,293 | +82.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,596 | €352,889 | +€171,293 | +94.3% |
| Amounts payable | 17/49 | €838,733 | €1,099,213 | +€260,480 | +31.1% |
| Amounts payable after more than one year | 17 | €197,885 | €137,706 | -€60,179 | -30.4% |
| Financial debts | 170/4 | €197,885 | €137,706 | -€60,179 | -30.4% |
| Amounts payable within one year | 42/48 | €640,848 | €961,507 | +€320,659 | +50.0% |
| Current portion of amounts payable after more than one year | 42 | €32,129 | €28,414 | -€3,716 | -11.6% |
| Financial debts | 43 | €0 | €83,000 | +€83,000 | |
| Credit institutions | 430/8 | €0 | €83,000 | +€83,000 | |
| Trade debts | 44 | €33,730 | €78,708 | +€44,979 | +133.4% |
| Suppliers | 440/4 | €33,730 | €78,708 | +€44,979 | +133.4% |
| Advances received on contracts in progress | 46 | €7,859 | €10,308 | +€2,449 | +31.2% |
| Taxes, remuneration and social security | 45 | €71,759 | €40,486 | -€31,273 | -43.6% |
| Taxes | 450/3 | €59,269 | €28,772 | -€30,496 | -51.5% |
| Remuneration and social security | 454/9 | €12,490 | €11,714 | -€777 | -6.2% |
| Other amounts payable | 47/48 | €495,372 | €720,591 | +€225,219 | +45.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €27,233 | €13,537 | -€13,696 | -50.3% |
| Remuneration, social security and pensions | 62 | €66,409 | €63,702 | -€2,708 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,469 | €1,704 | -€3,765 | -68.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,131 | +€8,131 | |
| Other operating charges | 640/8 | €1,317 | €1,814 | +€497 | +37.8% |
| Non-recurring operating charges | 66A | - | €37,087 | +€37,087 | |
| Gross operating margin | 9900 | €383,892 | €414,739 | +€30,847 | +8.0% |
| Operating profit (loss) | 9901 | €310,697 | €302,300 | -€8,396 | -2.7% |
| Financial income | 75/76B | €21,973 | €24,489 | +€2,517 | +11.5% |
| Recurring financial income | 75 | €21,973 | €24,489 | +€2,517 | +11.5% |
| Financial charges | 65/66B | €26,045 | €27,019 | +€974 | +3.7% |
| Recurring financial charges | 65 | €26,045 | €27,019 | +€974 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €306,624 | €299,770 | -€6,854 | -2.2% |
| Income taxes | 67/77 | €10,927 | €58,478 | +€47,550 | +435.1% |
| Profit (loss) for the period | 9904 | €295,697 | €241,293 | -€54,404 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €295,697 | €241,293 | -€54,404 | -18.4% |
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 11 October 2026 via checked.be.