MOUSTAIN: 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.
MOUSTAIN
Largest movements
- Tangible fixed assets +€3,000
new in 2025: €3,000
- Cash -€738
down €738 (-60.8%), from €1,214 to €475
mainly Other debts (-€14,000) and Investment in fixed assets (net) (-€4,500)
- Receivables within one year +€200
up €200 (+150.9%), from €133 to €333
- Other debts -€14,000
down €14,000 (-42.4%), from €33,000 to €19,000
- Tax, wage and social debts +€7,223
up €7,223 (+66.1%), from €10,933 to €18,156
of which Remuneration and social security: +€9,604
- Profit (loss) carried forward +€6,390
up €6,390 (+12.6%), from -€50,724 to -€44,334
- Trade debts +€2,849
up €2,849 (+83.9%), from €3,397 to €6,246
- Staff costs -€36,276
no longer reported in 2025 (was €36,276)
- Gross operating margin -€20,565
down €20,565 (-49.3%), from €41,740 to €21,174
- Taxes +€8,998
new in 2025: €8,998
- Provisions -€2,494
no longer reported in 2025 (was €2,494)
- Financial charges +€1,980
up €1,980 (+116.0%), from €1,707 to €3,687
of which Financial charges: +€3,414
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,607 | €4,069 | +€2,462 | +153.2% |
| Fixed assets | 21/28 | €260 | €3,260 | +€3,000 | +1153.8% |
| Tangible fixed assets | 22/27 | - | €3,000 | +€3,000 | |
| Furniture and vehicles | 24 | - | €3,000 | +€3,000 | |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €1,347 | €809 | -€538 | -40.0% |
| Amounts receivable within one year | 40/41 | €133 | €333 | +€200 | +150.9% |
| Other amounts receivable | 41 | €133 | €333 | +€200 | +150.9% |
| Cash at bank and in hand | 54/58 | €1,214 | €475 | -€738 | -60.8% |
| Total equity and liabilities | 10/49 | €1,607 | €4,069 | +€2,462 | +153.2% |
| Equity | 10/15 | -€45,724 | -€39,334 | +€6,390 | +14.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,724 | -€44,334 | +€6,390 | +12.6% |
| Amounts payable | 17/49 | €47,331 | €43,403 | -€3,928 | -8.3% |
| Amounts payable within one year | 42/48 | €47,331 | €43,403 | -€3,928 | -8.3% |
| Trade debts | 44 | €3,397 | €6,246 | +€2,849 | +83.9% |
| Suppliers | 440/4 | €3,397 | €6,246 | +€2,849 | +83.9% |
| Taxes, remuneration and social security | 45 | €10,933 | €18,156 | +€7,223 | +66.1% |
| Taxes | 450/3 | €5,479 | €3,098 | -€2,381 | -43.5% |
| Remuneration and social security | 454/9 | €5,455 | €15,058 | +€9,604 | +176.1% |
| Other amounts payable | 47/48 | €33,000 | €19,000 | -€14,000 | -42.4% |
| Remuneration, social security and pensions | 62 | €36,276 | - | -€36,276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,500 | +€1,500 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,494 | - | -€2,494 | |
| Other operating charges | 640/8 | - | €600 | +€600 | |
| Gross operating margin | 9900 | €41,740 | €21,174 | -€20,565 | -49.3% |
| Operating profit (loss) | 9901 | €2,970 | €19,075 | +€16,105 | +542.3% |
| Financial charges | 65/66B | €1,707 | €3,687 | +€1,980 | +116.0% |
| Recurring financial charges | 65 | €273 | €3,687 | +€3,414 | +1248.5% |
| Non-recurring financial charges | 66B | €1,434 | - | -€1,434 | |
| Profit (loss) for the period before taxes | 9903 | €1,263 | €15,388 | +€14,125 | +1118.6% |
| Income taxes | 67/77 | - | €8,998 | +€8,998 | |
| Profit (loss) for the period | 9904 | €1,263 | €6,390 | +€5,127 | +406.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,263 | €6,390 | +€5,127 | +406.0% |
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 8 October 2026 via checked.be.