De Eik: 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.
What changed
De Eik
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · -€6.9m+€8.9m
Equity
€194.5m
2024 · €197.9m-€3.3m
Cash
€5.6m
2024 · €17.3m-€11.6m
Balance sheet total
€216.4m
2024 · €220.8m-€4.4m
Largest movements
Assets
- Cash -€11.6m
down €11.6m (-67.3%), from €17.3m to €5.6m
mainly Investment in fixed assets (net) (-€8.2m) and Contributions, distributions and other (-€5.4m)
- Financial fixed assets +€8.1m
up €8.1m (+4.1%), from €198.6m to €206.7m
of which Affiliated companies: +€5.7m
Equity and liabilities
- Other debts -€5.0m
down €5.0m (-48.2%), from €10.4m to €5.4m
- Short-term financial debts +€4.0m
up €4.0m (+33.3%), from €12.0m to €16.0m
- Profit (loss) carried forward -€3.3m
down €3.3m (-2.4%), from €142.3m to €138.9m
Income statement
- Financial charges -€5.8m
down €5.8m (-53.0%), from €11.0m to €5.2m
of which Non-recurring financial charges: -€6.4m
- Financial income +€3.2m
up €3.2m (+53.9%), from €6.0m to €9.3m
of which Non-recurring financial income: +€3.2m
- Services and other goods +€140,104
up €140,104 (+6.5%), from €2.2m to €2.3m
- Other operating income -€51,239
down €51,239 (-6.6%), from €778,629 to €727,390
- Depreciation -€12,026
down €12,026 (-6.1%), from €197,407 to €185,381
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.
Result 2024
-€6.9m
Turnover
+€12,000
Other operating income
-€51,239
Services and other goods
-€140,104
Staff costs
+€4,721
Depreciation
+€12,026
Other operating charges
+€909
Financial income
+€3.2m
Financial charges
+€5.8m
Taxes
+€283
Result 2025
€2.0m
raises the resultlowers the result
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.
From operations
-€2.1m
Investment
-€8.2m
Financing
-€1.4m
Cash 2024
€17.3m
From operations (derived)
-€2.1m
Net result for the year
+€2.0m
Depreciation
+€185,381
Receivables within one year
+€942,940
Deferred charges and accrued income
-€259,024
Trade debts
+€29,873
Tax, wage and social debts
+€13,266
Other debts
-€5.0m
Accrued charges and deferred income
-€48,274
Investment (derived)
-€8.2m
Investment in fixed assets (net)
-€8.2m
Financing
-€1.4m
Short-term financial debts
+€4.0m
Contributions, distributions and other
-€5.4m
Cash 2025
€5.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,763,690 | €216,408,586 | -€4.4m | -2.0% |
| Fixed assets | 21/28 | €200,793,970 | €208,764,418 | +€8.0m | +4.0% |
| Intangible fixed assets | 21 | €5,591 | €4,270 | -€1,321 | -23.6% |
| Tangible fixed assets | 22/27 | €2,208,938 | €2,063,090 | -€145,848 | -6.6% |
| Land and buildings | 22 | €2,060,031 | €1,950,051 | -€109,979 | -5.3% |
| Plant, machinery and equipment | 23 | €34,097 | €21,134 | -€12,963 | -38.0% |
| Furniture and vehicles | 24 | €114,810 | €91,904 | -€22,905 | -20.0% |
| Financial fixed assets | 28 | €198,579,441 | €206,697,058 | +€8.1m | +4.1% |
| Affiliated companies | 280/1 | €79,671,588 | €85,334,718 | +€5.7m | +7.1% |
| Participating interests | 280 | €76,177,961 | €82,677,961 | +€6.5m | +8.5% |
| Amounts receivable | 281 | €3,493,627 | €2,656,757 | -€836,870 | -24.0% |
| Companies linked by participating interests | 282/3 | €60,761,904 | €60,761,904 | = | 0.0% |
| Participating interests | 282 | €60,761,904 | €60,761,904 | = | 0.0% |
| Other financial fixed assets | 284/8 | €58,145,949 | €60,600,436 | +€2.5m | +4.2% |
| Shares | 284 | €58,145,949 | €60,600,436 | +€2.5m | +4.2% |
| Current assets | 29/58 | €19,969,720 | €7,644,168 | -€12.3m | -61.7% |
| Amounts receivable within one year | 40/41 | €1,634,561 | €691,621 | -€942,940 | -57.7% |
| Trade receivables | 40 | €21,796 | €43,247 | +€21,452 | +98.4% |
| Other amounts receivable | 41 | €1,612,766 | €648,374 | -€964,392 | -59.8% |
| Current investments | 50/53 | €1,211 | €1,211 | = | 0.0% |
| Other investments | 51/53 | €1,211 | €1,211 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,289,075 | €5,647,438 | -€11.6m | -67.3% |
| Deferred charges and accrued income | 490/1 | €1,044,873 | €1,303,897 | +€259,024 | +24.8% |
| Total equity and liabilities | 10/49 | €220,763,690 | €216,408,586 | -€4.4m | -2.0% |
| Equity | 10/15 | €197,861,626 | €194,511,657 | -€3.3m | -1.7% |
| Contributions | 10/11 | €17,196,000 | €17,196,000 | = | 0.0% |
| Capital | 10 | €17,196,000 | €17,196,000 | = | 0.0% |
| Issued capital | 100 | €17,196,000 | €17,196,000 | = | 0.0% |
| Reserves | 13 | €38,376,818 | €38,376,818 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479,000 | €2,479,000 | = | 0.0% |
| Legal reserve | 130 | €2,479,000 | €2,479,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,108,466 | €11,108,466 | = | 0.0% |
| Distributable reserves | 133 | €24,789,352 | €24,789,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,288,808 | €138,938,839 | -€3.3m | -2.4% |
| Amounts payable | 17/49 | €22,902,064 | €21,896,929 | -€1.0m | -4.4% |
| Amounts payable within one year | 42/48 | €22,414,285 | €21,457,424 | -€956,861 | -4.3% |
| Financial debts | 43 | €12,000,000 | €16,000,000 | +€4.0m | +33.3% |
| Credit institutions | 430/8 | €12,000,000 | €16,000,000 | +€4.0m | +33.3% |
| Trade debts | 44 | €35,936 | €65,809 | +€29,873 | +83.1% |
| Suppliers | 440/4 | €35,936 | €65,809 | +€29,873 | +83.1% |
| Taxes, remuneration and social security | 45 | €8,050 | €21,316 | +€13,266 | +165% |
| Remuneration and social security | 454/9 | €8,050 | €21,316 | +€13,266 | +165% |
| Other amounts payable | 47/48 | €10,370,300 | €5,370,300 | -€5.0m | -48.2% |
| Accrued charges and deferred income | 492/3 | €487,779 | €439,505 | -€48,274 | -9.9% |
| Operating income | 70/76A | €778,629 | €739,390 | -€39,239 | -5.0% |
| Turnover | 70 | - | €12,000 | +€12,000 | |
| Other operating income | 74 | €778,629 | €727,390 | -€51,239 | -6.6% |
| Operating charges | 60/66A | €2,683,128 | €2,805,575 | +€122,448 | +4.6% |
| Services and other goods | 61 | €2,171,187 | €2,311,290 | +€140,104 | +6.5% |
| Remuneration, social security and pensions | 62 | €233,938 | €229,216 | -€4,721 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,407 | €185,381 | -€12,026 | -6.1% |
| Other operating charges | 640/8 | €80,596 | €79,687 | -€909 | -1.1% |
| Operating profit (loss) | 9901 | -€1,904,499 | -€2,066,185 | -€161,686 | -8.5% |
| Financial income | 75/76B | €6,028,084 | €9,275,361 | +€3.2m | +53.9% |
| Recurring financial income | 75 | €6,028,084 | €6,075,361 | +€47,277 | +0.8% |
| Income from financial fixed assets | 750 | €4,264,201 | €5,639,669 | +€1.4m | +32.3% |
| Income from current assets | 751 | €1,249,706 | €367,587 | -€882,119 | -70.6% |
| Other financial income | 752/9 | €514,178 | €68,106 | -€446,072 | -86.8% |
| Non-recurring financial income | 76B | - | €3,200,000 | +€3.2m | |
| Financial charges | 65/66B | €11,027,581 | €5,188,238 | -€5.8m | -53.0% |
| Recurring financial charges | 65 | €1,390,272 | €1,930,668 | +€540,396 | +38.9% |
| Debt charges | 650 | €366,817 | €448,465 | +€81,648 | +22.3% |
| Other financial charges | 652/9 | €1,023,455 | €1,482,202 | +€458,748 | +44.8% |
| Non-recurring financial charges | 66B | €9,637,309 | €3,257,570 | -€6.4m | -66.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,903,996 | €2,020,938 | +€8.9m | |
| Income taxes | 67/77 | €890 | €607 | -€283 | -31.8% |
| Taxes | 670/3 | €890 | €607 | -€283 | -31.8% |
| Profit (loss) for the period | 9904 | -€6,904,886 | €2,020,331 | +€8.9m | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,904,886 | €2,020,331 | +€8.9m |
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 13 October 2026 via checked.be.