Mt EVEREST: 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.
Mt EVEREST
Largest movements
- Stocks and contracts -€4,928
down €4,928 (-69.1%), from €7,132 to €2,204
- Tangible fixed assets -€2,880
down €2,880 (-95.4%), from €3,020 to €140
of which Plant, machinery and equipment: -€2,300
- Cash +€2,327
up €2,327 (+197%), from €1,183 to €3,510
mainly Stocks and contracts (+€4,928) and Depreciation (+€2,880)
- Receivables within one year -€234
down €234 (-29.0%), from €809 to €575
- Tax, wage and social debts -€4,200
down €4,200 (-100%), from €4,200 to €0
- Trade debts -€2,318
down €2,318 (-65.6%), from €3,534 to €1,216
- Profit (loss) carried forward +€1,233
up €1,233 (+5.0%), from -€24,858 to -€23,625
- Other debts -€431
down €431 (-4.3%), from €10,019 to €9,588
- Staff costs -€36,086
down €36,086 (-98.7%), from €36,571 to €486
- Gross operating margin -€22,680
down €22,680 (-76.7%), from €29,553 to €6,874
- Other operating charges -€823
down €823 (-27.9%), from €2,953 to €2,130
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 | €12,144 | €6,429 | -€5,715 | -47.1% |
| Fixed assets | 21/28 | €3,020 | €140 | -€2,880 | -95.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €3,020 | €140 | -€2,880 | -95.4% |
| Plant, machinery and equipment | 23 | €2,300 | €0 | -€2,300 | -100% |
| Furniture and vehicles | 24 | €720 | €140 | -€580 | -80.6% |
| Current assets | 29/58 | €9,124 | €6,289 | -€2,835 | -31.1% |
| Stocks and contracts in progress | 3 | €7,132 | €2,204 | -€4,928 | -69.1% |
| Stocks | 30/36 | €7,132 | €2,204 | -€4,928 | -69.1% |
| Amounts receivable within one year | 40/41 | €809 | €575 | -€234 | -29.0% |
| Other amounts receivable | 41 | €809 | €575 | -€234 | -29.0% |
| Cash at bank and in hand | 54/58 | €1,183 | €3,510 | +€2,327 | +197% |
| Total equity and liabilities | 10/49 | €12,144 | €6,429 | -€5,715 | -47.1% |
| Equity | 10/15 | -€5,608 | -€4,375 | +€1,233 | +22.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,049 | €13,049 | = | 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 | €11,189 | €11,189 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,858 | -€23,625 | +€1,233 | +5.0% |
| Amounts payable | 17/49 | €17,753 | €10,804 | -€6,949 | -39.1% |
| Amounts payable within one year | 42/48 | €17,753 | €10,804 | -€6,949 | -39.1% |
| Trade debts | 44 | €3,534 | €1,216 | -€2,318 | -65.6% |
| Suppliers | 440/4 | €3,534 | €1,216 | -€2,318 | -65.6% |
| Taxes, remuneration and social security | 45 | €4,200 | €0 | -€4,200 | -100% |
| Remuneration and social security | 454/9 | €4,200 | €0 | -€4,200 | -100% |
| Other amounts payable | 47/48 | €10,019 | €9,588 | -€431 | -4.3% |
| Remuneration, social security and pensions | 62 | €36,571 | €486 | -€36,086 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,880 | €2,880 | = | 0.0% |
| Other operating charges | 640/8 | €2,953 | €2,130 | -€823 | -27.9% |
| Gross operating margin | 9900 | €29,553 | €6,874 | -€22,680 | -76.7% |
| Operating profit (loss) | 9901 | -€12,851 | €1,378 | +€14,229 | |
| Financial income | 75/76B | - | €65 | +€65 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Financial charges | 65/66B | - | €210 | +€210 | |
| Recurring financial charges | 65 | - | €210 | +€210 | |
| Profit (loss) for the period before taxes | 9903 | -€12,851 | €1,233 | +€14,084 | |
| Income taxes | 67/77 | €250 | €0 | -€250 | -100% |
| Profit (loss) for the period | 9904 | -€13,101 | €1,233 | +€14,334 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,101 | €1,233 | +€14,334 |
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 14 October 2026 via checked.be.