1 - EEN: 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.
1 - EEN
Largest movements
- Receivables within one year +€6,640
up €6,640 (+64.0%), from €10,375 to €17,015
of which Other amounts receivable: +€11,673
- Cash -€1,593
down €1,593 (-65.6%), from €2,430 to €836
mainly Tax, wage and social debts (-€11,355) and Receivables within one year (-€6,640)
- Tangible fixed assets -€396
down €396 (-36.4%), from €1,088 to €691
- Deferred charges and accrued income -€260
no longer reported in 2025 (was €260)
- Profit (loss) carried forward +€15,859
up €15,859 (+17.8%), from -€89,048 to -€73,189
- Tax, wage and social debts -€11,355
down €11,355 (-95.3%), from €11,914 to €559
of which Taxes: -€8,355
- Gross operating margin +€26,917
up €26,917, from -€7,761 to €19,157
- Financial charges +€1,998
up €1,998 (+337%), from €594 to €2,592
- Other operating charges -€746
down €746 (-58.9%), from €1,265 to €520
- Depreciation +€295
up €295 (+294%), from €101 to €396
- Taxes -€271
no longer reported in 2025 (was €271)
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 | €14,152 | €18,543 | +€4,390 | +31.0% |
| Fixed assets | 21/28 | €1,088 | €691 | -€396 | -36.4% |
| Tangible fixed assets | 22/27 | €1,088 | €691 | -€396 | -36.4% |
| Plant, machinery and equipment | 23 | €1,088 | €691 | -€396 | -36.4% |
| Current assets | 29/58 | €13,065 | €17,851 | +€4,786 | +36.6% |
| Amounts receivable within one year | 40/41 | €10,375 | €17,015 | +€6,640 | +64.0% |
| Trade receivables | 40 | €7,091 | €2,057 | -€5,034 | -71.0% |
| Other amounts receivable | 41 | €3,285 | €14,958 | +€11,673 | +355% |
| Cash at bank and in hand | 54/58 | €2,430 | €836 | -€1,593 | -65.6% |
| Deferred charges and accrued income | 490/1 | €260 | - | -€260 | |
| Total equity and liabilities | 10/49 | €14,152 | €18,543 | +€4,390 | +31.0% |
| Equity | 10/15 | -€74,432 | -€58,573 | +€15,859 | +21.3% |
| Contributions | 10/11 | €12,742 | €12,742 | = | 0.0% |
| Reserves | 13 | €1,874 | €1,874 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,874 | €1,874 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,874 | €1,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,048 | -€73,189 | +€15,859 | +17.8% |
| Amounts payable | 17/49 | €88,584 | €77,116 | -€11,468 | -12.9% |
| Amounts payable within one year | 42/48 | €88,584 | €77,116 | -€11,468 | -12.9% |
| Trade debts | 44 | €1,671 | €1,557 | -€114 | -6.8% |
| Suppliers | 440/4 | €1,671 | €1,557 | -€114 | -6.8% |
| Taxes, remuneration and social security | 45 | €11,914 | €559 | -€11,355 | -95.3% |
| Taxes | 450/3 | €8,914 | €559 | -€8,355 | -93.7% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €75,000 | €75,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101 | €396 | +€295 | +294% |
| Other operating charges | 640/8 | €1,265 | €520 | -€746 | -58.9% |
| Gross operating margin | 9900 | -€7,761 | €19,157 | +€26,917 | |
| Operating profit (loss) | 9901 | -€9,127 | €18,241 | +€27,367 | |
| Financial income | 75/76B | €216 | €210 | -€6 | -2.9% |
| Recurring financial income | 75 | €216 | €210 | -€6 | -2.9% |
| Financial charges | 65/66B | €594 | €2,592 | +€1,998 | +337% |
| Recurring financial charges | 65 | €594 | €2,592 | +€1,998 | +337% |
| Profit (loss) for the period before taxes | 9903 | -€9,504 | €15,859 | +€25,363 | |
| Income taxes | 67/77 | €271 | - | -€271 | |
| Profit (loss) for the period | 9904 | -€9,775 | €15,859 | +€25,634 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,775 | €15,859 | +€25,634 |
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 19 October 2026 via checked.be.