den Eede: 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.
den Eede
Largest movements
- Tangible fixed assets +€89,096
up €89,096 (+633.4%), from €14,066 to €103,162
of which Furniture and vehicles: +€89,351
- Current investments +€51,905
up €51,905 (+34.6%), from €150,000 to €201,905
- Receivables within one year -€23,888
down €23,888 (-98.3%), from €24,294 to €406
of which Trade receivables: -€22,087
- Cash -€7,792
down €7,792 (-7.3%), from €106,136 to €98,344
mainly Contributions, distributions and other (-€146,086) and Investment in fixed assets (net) (-€104,977)
- Deferred charges and accrued income +€5,910
up €5,910 (+620.5%), from €952 to €6,862
- Other debts +€114,427
up €114,427 (+62.1%), from €184,240 to €298,667
- Reserves -€42,463
down €42,463 (-45.9%), from €92,463 to €50,000
- Debts after one year +€42,201
new in 2025: €42,201
- Current portion of long-term debt +€11,364
new in 2025: €11,364
- Tax, wage and social debts -€8,806
down €8,806 (-63.0%), from €13,982 to €5,177
- Gross operating margin +€26,209
up €26,209 (+21.7%), from €121,026 to €147,236
- Depreciation +€13,578
up €13,578 (+589.8%), from €2,302 to €15,881
- Taxes +€3,709
up €3,709 (+13.8%), from €26,801 to €30,510
- Financial income +€3,133
up €3,133 (+134.0%), from €2,338 to €5,471
- Financial charges +€1,892
up €1,892 (+471.0%), from €402 to €2,293
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 | €295,447 | €410,680 | +€115,232 | +39.0% |
| Fixed assets | 21/28 | €14,066 | €103,162 | +€89,096 | +633.4% |
| Tangible fixed assets | 22/27 | €14,066 | €103,162 | +€89,096 | +633.4% |
| Plant, machinery and equipment | 23 | €2,372 | €2,118 | -€254 | -10.7% |
| Furniture and vehicles | 24 | €11,693 | €101,044 | +€89,351 | +764.1% |
| Current assets | 29/58 | €281,382 | €307,518 | +€26,136 | +9.3% |
| Amounts receivable within one year | 40/41 | €24,294 | €406 | -€23,888 | -98.3% |
| Trade receivables | 40 | €22,087 | - | -€22,087 | |
| Other amounts receivable | 41 | €2,207 | €406 | -€1,801 | -81.6% |
| Current investments | 50/53 | €150,000 | €201,905 | +€51,905 | +34.6% |
| Cash at bank and in hand | 54/58 | €106,136 | €98,344 | -€7,792 | -7.3% |
| Deferred charges and accrued income | 490/1 | €952 | €6,862 | +€5,910 | +620.5% |
| Total equity and liabilities | 10/49 | €295,447 | €410,680 | +€115,232 | +39.0% |
| Equity | 10/15 | €94,463 | €52,000 | -€42,463 | -45.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €92,463 | €50,000 | -€42,463 | -45.9% |
| Distributable reserves | 133 | €92,463 | €50,000 | -€42,463 | -45.9% |
| Amounts payable | 17/49 | €200,984 | €358,680 | +€157,695 | +78.5% |
| Amounts payable after more than one year | 17 | - | €42,201 | +€42,201 | |
| Financial debts | 170/4 | - | €42,201 | +€42,201 | |
| Amounts payable within one year | 42/48 | €200,984 | €316,479 | +€115,495 | +57.5% |
| Current portion of amounts payable after more than one year | 42 | - | €11,364 | +€11,364 | |
| Financial debts | 43 | €1,734 | €629 | -€1,105 | -63.7% |
| Credit institutions | 430/8 | €1,734 | €629 | -€1,105 | -63.7% |
| Trade debts | 44 | €1,028 | €643 | -€386 | -37.5% |
| Suppliers | 440/4 | €1,028 | €643 | -€386 | -37.5% |
| Taxes, remuneration and social security | 45 | €13,982 | €5,177 | -€8,806 | -63.0% |
| Taxes | 450/3 | €13,982 | €5,177 | -€8,806 | -63.0% |
| Other amounts payable | 47/48 | €184,240 | €298,667 | +€114,427 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,302 | €15,881 | +€13,578 | +589.8% |
| Other operating charges | 640/8 | €1,397 | €400 | -€997 | -71.4% |
| Gross operating margin | 9900 | €121,026 | €147,236 | +€26,209 | +21.7% |
| Operating profit (loss) | 9901 | €117,327 | €130,956 | +€13,628 | +11.6% |
| Financial income | 75/76B | €2,338 | €5,471 | +€3,133 | +134.0% |
| Recurring financial income | 75 | €2,338 | €5,471 | +€3,133 | +134.0% |
| Financial charges | 65/66B | €402 | €2,293 | +€1,892 | +471.0% |
| Recurring financial charges | 65 | €402 | €2,293 | +€1,892 | +471.0% |
| Profit (loss) for the period before taxes | 9903 | €119,264 | €134,133 | +€14,869 | +12.5% |
| Income taxes | 67/77 | €26,801 | €30,510 | +€3,709 | +13.8% |
| Profit (loss) for the period | 9904 | €92,463 | €103,623 | +€11,160 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €92,463 | €103,623 | +€11,160 | +12.1% |
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 3 October 2026 via checked.be.