AVEVE-EEKLO: 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.
AVEVE-EEKLO
Largest movements
- Tangible fixed assets -€60,362
down €60,362 (-13.5%), from €448,293 to €387,931
of which Land and buildings: -€55,430
- Cash +€54,240
up €54,240 (+35.2%), from €153,914 to €208,155
mainly Depreciation (+€78,660) and Net result for the year (+€51,880)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Stocks and contracts -€33,651
down €33,651 (-7.1%), from €473,041 to €439,390
- Deferred charges and accrued income -€14,802
down €14,802 (-41.3%), from €35,801 to €20,999
- Other debts -€161,682
down €161,682 (-99.6%), from €162,326 to €644
- Reserves +€51,880
up €51,880 (+13.5%), from €384,953 to €436,832
of which Distributable reserves: +€51,880
- Trade debts +€29,590
up €29,590 (+15.9%), from €185,614 to €215,205
- Debts after one year -€25,965
down €25,965 (-32.5%), from €79,820 to €53,855
- Gross operating margin +€13,290
up €13,290 (+5.8%), from €228,223 to €241,513
- Taxes -€9,136
down €9,136 (-32.8%), from €27,831 to €18,695
- Staff costs +€8,057
up €8,057 (+12.3%), from €65,294 to €73,351
- Financial income -€4,333
down €4,333 (-51.9%), from €8,349 to €4,017
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 | €1,178,731 | €1,073,279 | -€105,452 | -8.9% |
| Fixed assets | 21/28 | €448,293 | €387,931 | -€60,362 | -13.5% |
| Tangible fixed assets | 22/27 | €448,293 | €387,931 | -€60,362 | -13.5% |
| Land and buildings | 22 | €364,162 | €308,732 | -€55,430 | -15.2% |
| Plant, machinery and equipment | 23 | €5,886 | €20,757 | +€14,871 | +253% |
| Furniture and vehicles | 24 | €4,248 | €2,944 | -€1,304 | -30.7% |
| Leasing and similar rights | 25 | €73,998 | €55,498 | -€18,499 | -25.0% |
| Current assets | 29/58 | €730,439 | €685,349 | -€45,090 | -6.2% |
| Stocks and contracts in progress | 3 | €473,041 | €439,390 | -€33,651 | -7.1% |
| Stocks | 30/36 | €473,041 | €439,390 | -€33,651 | -7.1% |
| Amounts receivable within one year | 40/41 | €17,682 | €16,805 | -€877 | -5.0% |
| Trade receivables | 40 | €192 | €50 | -€142 | -74.0% |
| Other amounts receivable | 41 | €17,490 | €16,755 | -€735 | -4.2% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €153,914 | €208,155 | +€54,240 | +35.2% |
| Deferred charges and accrued income | 490/1 | €35,801 | €20,999 | -€14,802 | -41.3% |
| Total equity and liabilities | 10/49 | €1,178,731 | €1,073,279 | -€105,452 | -8.9% |
| Equity | 10/15 | €709,953 | €761,832 | +€51,880 | +7.3% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Reserves | 13 | €384,953 | €436,832 | +€51,880 | +13.5% |
| Non-distributable reserves | 130/1 | €32,500 | €32,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €32,500 | €32,500 | = | 0.0% |
| Distributable reserves | 133 | €352,453 | €404,332 | +€51,880 | +14.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €468,779 | €311,447 | -€157,332 | -33.6% |
| Amounts payable after more than one year | 17 | €79,820 | €53,855 | -€25,965 | -32.5% |
| Financial debts | 170/4 | €79,820 | €53,855 | -€25,965 | -32.5% |
| Amounts payable within one year | 42/48 | €388,959 | €257,591 | -€131,367 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €24,843 | €25,965 | +€1,121 | +4.5% |
| Trade debts | 44 | €185,614 | €215,205 | +€29,590 | +15.9% |
| Suppliers | 440/4 | €185,614 | €215,205 | +€29,590 | +15.9% |
| Advances received on contracts in progress | 46 | €3,373 | €3,148 | -€225 | -6.7% |
| Taxes, remuneration and social security | 45 | €12,802 | €12,630 | -€172 | -1.3% |
| Taxes | 450/3 | €2,844 | €2,829 | -€15 | -0.5% |
| Remuneration and social security | 454/9 | €9,958 | €9,801 | -€157 | -1.6% |
| Other amounts payable | 47/48 | €162,326 | €644 | -€161,682 | -99.6% |
| Remuneration, social security and pensions | 62 | €65,294 | €73,351 | +€8,057 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,112 | €78,660 | -€1,452 | -1.8% |
| Other operating charges | 640/8 | €10,228 | €10,375 | +€147 | +1.4% |
| Gross operating margin | 9900 | €228,223 | €241,513 | +€13,290 | +5.8% |
| Operating profit (loss) | 9901 | €72,590 | €79,128 | +€6,538 | +9.0% |
| Financial income | 75/76B | €8,349 | €4,017 | -€4,333 | -51.9% |
| Recurring financial income | 75 | €8,349 | €4,017 | -€4,333 | -51.9% |
| Financial charges | 65/66B | €11,888 | €12,570 | +€682 | +5.7% |
| Recurring financial charges | 65 | €11,888 | €12,570 | +€682 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €69,051 | €70,575 | +€1,524 | +2.2% |
| Income taxes | 67/77 | €27,831 | €18,695 | -€9,136 | -32.8% |
| Profit (loss) for the period | 9904 | €41,220 | €51,880 | +€10,660 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,220 | €51,880 | +€10,660 | +25.9% |
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 27 October 2026 via checked.be.