SHARPMOUNTAIN: what changed
SHARPMOUNTAIN
Largest movements
- Current investments -€12,554
down €12,554 (-100%), from €12,554 to €0
- Cash -€3,011
down €3,011 (-14.1%), from €21,357 to €18,346
mainly Other debts (-€39,920) and Contributions, distributions and other (-€26,000)
- Tangible fixed assets -€2,761
down €2,761 (-43.4%), from €6,364 to €3,602
of which Leasing and similar rights: -€3,834
- Receivables within one year +€796
up €796 (+2.5%), from €31,809 to €32,604
of which Other amounts receivable: +€4,323
- Other debts -€39,920
down €39,920 (-97.6%), from €40,901 to €981
- Profit (loss) carried forward +€21,262
new in 2025: €21,262
- Tax, wage and social debts +€3,157
up €3,157 (+70.2%), from €4,497 to €7,654
- Current portion of long-term debt -€2,238
down €2,238 (-100%), from €2,238 to €0
- Trade debts +€1,128
up €1,128 (+137%), from €821 to €1,948
- Gross operating margin +€38,065
up €38,065 (+127%), from €30,047 to €68,113
- Taxes +€7,646
up €7,646 (+121%), from €6,302 to €13,948
- Depreciation -€805
down €805 (-14.9%), from €5,413 to €4,608
- Financial charges -€797
down €797 (-43.9%), from €1,813 to €1,017
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,463 | €57,196 | -€17,268 | -23.2% |
| Fixed assets | 21/28 | €6,984 | €4,223 | -€2,761 | -39.5% |
| Tangible fixed assets | 22/27 | €6,364 | €3,602 | -€2,761 | -43.4% |
| Plant, machinery and equipment | 23 | €683 | €2,833 | +€2,150 | +315% |
| Furniture and vehicles | 24 | €1,781 | €769 | -€1,012 | -56.8% |
| Leasing and similar rights | 25 | €3,834 | €0 | -€3,834 | -100% |
| Other tangible fixed assets | 26 | €65 | €0 | -€65 | -100% |
| Financial fixed assets | 28 | €621 | €621 | = | 0.0% |
| Current assets | 29/58 | €67,479 | €52,972 | -€14,507 | -21.5% |
| Amounts receivable within one year | 40/41 | €31,809 | €32,604 | +€796 | +2.5% |
| Trade receivables | 40 | €19,910 | €16,383 | -€3,527 | -17.7% |
| Other amounts receivable | 41 | €11,899 | €16,222 | +€4,323 | +36.3% |
| Current investments | 50/53 | €12,554 | €0 | -€12,554 | -100% |
| Cash at bank and in hand | 54/58 | €21,357 | €18,346 | -€3,011 | -14.1% |
| Deferred charges and accrued income | 490/1 | €1,759 | €2,022 | +€263 | +14.9% |
| Total equity and liabilities | 10/49 | €74,463 | €57,196 | -€17,268 | -23.2% |
| Equity | 10/15 | €20,460 | €41,722 | +€21,262 | +104% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €21,262 | +€21,262 | |
| Amounts payable | 17/49 | €54,003 | €15,474 | -€38,529 | -71.3% |
| Amounts payable within one year | 42/48 | €53,563 | €15,172 | -€38,391 | -71.7% |
| Current portion of amounts payable after more than one year | 42 | €2,238 | €0 | -€2,238 | -100% |
| Financial debts | 43 | €5,045 | €4,589 | -€456 | -9.0% |
| Credit institutions | 430/8 | €470 | €4,589 | +€4,119 | +876% |
| Other loans | 439 | €4,574 | €0 | -€4,574 | -100% |
| Trade debts | 44 | €821 | €1,948 | +€1,128 | +137% |
| Suppliers | 440/4 | €821 | €1,948 | +€1,128 | +137% |
| Advances received on contracts in progress | 46 | €61 | €0 | -€61 | -100% |
| Taxes, remuneration and social security | 45 | €4,497 | €7,654 | +€3,157 | +70.2% |
| Taxes | 450/3 | €4,497 | €7,654 | +€3,157 | +70.2% |
| Other amounts payable | 47/48 | €40,901 | €981 | -€39,920 | -97.6% |
| Accrued charges and deferred income | 492/3 | €441 | €302 | -€139 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,413 | €4,608 | -€805 | -14.9% |
| Other operating charges | 640/8 | €1,178 | €1,329 | +€151 | +12.8% |
| Gross operating margin | 9900 | €30,047 | €68,113 | +€38,065 | +127% |
| Operating profit (loss) | 9901 | €23,456 | €62,176 | +€38,719 | +165% |
| Financial income | 75/76B | €208 | €51 | -€157 | -75.6% |
| Recurring financial income | 75 | €208 | €51 | -€157 | -75.6% |
| Financial charges | 65/66B | €1,813 | €1,017 | -€797 | -43.9% |
| Recurring financial charges | 65 | €1,813 | €1,017 | -€797 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €21,850 | €61,209 | +€39,359 | +180% |
| Income taxes | 67/77 | €6,302 | €13,948 | +€7,646 | +121% |
| Profit (loss) for the period | 9904 | €15,549 | €47,262 | +€31,713 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €15,549 | €47,262 | +€31,713 | +204% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.