DE EINDER: what changed
Two fiscal 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.
DE EINDER
Largest movements
- Cash +€138,096
up €138,096 (+18.6%), from €741,381 to €879,477
mainly Net result for the year (+€68,049) and Depreciation (+€58,719)
- Tangible fixed assets -€58,719
down €58,719 (-4.4%), from €1.3m to €1.3m
- Profit (loss) carried forward +€68,049
up €68,049 (+3.6%), from €1.9m to €2.0m
- Financial charges +€7,911
up €7,911 (+1456.9%), from €543 to €8,454
of which Non-recurring financial charges: +€7,938
- Gross operating margin +€3,848
up €3,848 (+2.6%), from €147,969 to €151,817
- Other operating charges +€2,097
up €2,097 (+30.9%), from €6,783 to €8,880
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.
Cash bridge derived
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 | €2,094,268 | €2,171,524 | +€77,256 | +3.7% |
| Fixed assets | 21/28 | €1,349,362 | €1,290,643 | -€58,719 | -4.4% |
| Tangible fixed assets | 22/27 | €1,349,362 | €1,290,643 | -€58,719 | -4.4% |
| Land and buildings | 22 | €1,349,362 | €1,290,643 | -€58,719 | -4.4% |
| Current assets | 29/58 | €744,906 | €880,881 | +€135,975 | +18.3% |
| Cash at bank and in hand | 54/58 | €741,381 | €879,477 | +€138,096 | +18.6% |
| Deferred charges and accrued income | 490/1 | €3,525 | €1,404 | -€2,121 | -60.2% |
| Total equity and liabilities | 10/49 | €2,094,268 | €2,171,524 | +€77,256 | +3.7% |
| Equity | 10/15 | €1,913,162 | €1,981,211 | +€68,049 | +3.6% |
| Profit (loss) carried forward | 14 | €1,913,162 | €1,981,211 | +€68,049 | +3.6% |
| Provisions and deferred taxes | 16 | €176,400 | €186,800 | +€10,400 | +5.9% |
| Provisions for liabilities and charges | 160/5 | €176,400 | €186,800 | +€10,400 | +5.9% |
| Major repairs and maintenance | 162 | €176,400 | €186,800 | +€10,400 | +5.9% |
| Amounts payable | 17/49 | €4,706 | €3,513 | -€1,193 | -25.4% |
| Amounts payable within one year | 42/48 | €3,373 | €3,181 | -€192 | -5.7% |
| Taxes, remuneration and social security | 45 | €3,373 | €3,181 | -€192 | -5.7% |
| Taxes | 450/3 | €3,373 | €3,181 | -€192 | -5.7% |
| Accrued charges and deferred income | 492/3 | €1,333 | €332 | -€1,001 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,903 | €58,719 | -€184 | -0.3% |
| Other operating charges | 640/8 | €6,783 | €8,880 | +€2,097 | +30.9% |
| Gross operating margin | 9900 | €147,969 | €151,817 | +€3,848 | +2.6% |
| Operating profit (loss) | 9901 | €71,883 | €73,818 | +€1,935 | +2.7% |
| Financial income | 75/76B | €3,406 | €2,685 | -€721 | -21.2% |
| Recurring financial income | 75 | €3,406 | €2,685 | -€721 | -21.2% |
| Financial charges | 65/66B | €543 | €8,454 | +€7,911 | +1456.9% |
| Recurring financial charges | 65 | €543 | €516 | -€27 | -5.0% |
| Non-recurring financial charges | 66B | - | €7,938 | +€7,938 | |
| Profit (loss) for the period before taxes | 9903 | €74,746 | €68,049 | -€6,697 | -9.0% |
| Profit (loss) for the period | 9904 | €74,746 | €68,049 | -€6,697 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,746 | €68,049 | -€6,697 | -9.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.