E.A.J.H.: 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.
E.A.J.H.
Largest movements
- Cash -€30,964
down €30,964 (-75.7%), from €40,916 to €9,952
mainly Other debts (-€34,017) and Stocks and contracts (-€18,863)
- Stocks and contracts +€18,863
up €18,863 (+21.6%), from €87,325 to €106,188
- Receivables within one year +€8,996
up €8,996 (+10.9%), from €82,271 to €91,267
of which Trade receivables: +€10,573
- Deferred charges and accrued income -€4,980
down €4,980 (-25.8%), from €19,314 to €14,334
- Other debts -€34,017
down €34,017 (-13.8%), from €245,938 to €211,921
- Trade debts +€30,772
up €30,772 (+146%), from €21,035 to €51,807
- Profit (loss) carried forward -€8,753
down €8,753 (-8.5%), from -€103,105 to -€111,859
- Staff costs -€39,346
down €39,346 (-28.5%), from €138,198 to €98,852
- Gross operating margin -€16,461
down €16,461 (-15.2%), from €108,403 to €91,942
- Other operating charges -€3,755
down €3,755 (-70.0%), from €5,365 to €1,610
- Financial income +€2,294
up €2,294 (+2,314%), from €99 to €2,394
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 | €232,477 | €222,604 | -€9,873 | -4.2% |
| Fixed assets | 21/28 | €2,652 | €864 | -€1,788 | -67.4% |
| Tangible fixed assets | 22/27 | €2,652 | €864 | -€1,788 | -67.4% |
| Furniture and vehicles | 24 | €2,652 | €864 | -€1,788 | -67.4% |
| Current assets | 29/58 | €229,826 | €221,741 | -€8,085 | -3.5% |
| Stocks and contracts in progress | 3 | €87,325 | €106,188 | +€18,863 | +21.6% |
| Stocks | 30/36 | €87,325 | €106,188 | +€18,863 | +21.6% |
| Amounts receivable within one year | 40/41 | €82,271 | €91,267 | +€8,996 | +10.9% |
| Trade receivables | 40 | €73,951 | €84,524 | +€10,573 | +14.3% |
| Other amounts receivable | 41 | €8,320 | €6,744 | -€1,577 | -18.9% |
| Cash at bank and in hand | 54/58 | €40,916 | €9,952 | -€30,964 | -75.7% |
| Deferred charges and accrued income | 490/1 | €19,314 | €14,334 | -€4,980 | -25.8% |
| Total equity and liabilities | 10/49 | €232,477 | €222,604 | -€9,873 | -4.2% |
| Equity | 10/15 | -€43,654 | -€52,408 | -€8,753 | -20.1% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €39,951 | €39,951 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €39,951 | €39,951 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,105 | -€111,859 | -€8,753 | -8.5% |
| Amounts payable | 17/49 | €276,131 | €275,012 | -€1,119 | -0.4% |
| Amounts payable within one year | 42/48 | €276,131 | €275,012 | -€1,119 | -0.4% |
| Trade debts | 44 | €21,035 | €51,807 | +€30,772 | +146% |
| Suppliers | 440/4 | €21,035 | €51,807 | +€30,772 | +146% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,158 | €11,284 | +€2,126 | +23.2% |
| Taxes | 450/3 | €1,206 | €925 | -€281 | -23.3% |
| Remuneration and social security | 454/9 | €7,953 | €10,359 | +€2,407 | +30.3% |
| Other amounts payable | 47/48 | €245,938 | €211,921 | -€34,017 | -13.8% |
| Remuneration, social security and pensions | 62 | €138,198 | €98,852 | -€39,346 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,209 | €1,788 | -€421 | -19.1% |
| Other operating charges | 640/8 | €5,365 | €1,610 | -€3,755 | -70.0% |
| Gross operating margin | 9900 | €108,403 | €91,942 | -€16,461 | -15.2% |
| Operating profit (loss) | 9901 | -€37,369 | -€10,308 | +€27,061 | +72.4% |
| Financial income | 75/76B | €99 | €2,394 | +€2,294 | +2,314% |
| Recurring financial income | 75 | €99 | €2,394 | +€2,294 | +2,314% |
| Financial charges | 65/66B | €501 | €575 | +€74 | +14.9% |
| Recurring financial charges | 65 | €501 | €575 | +€74 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | -€37,771 | -€8,490 | +€29,281 | +77.5% |
| Income taxes | 67/77 | €249 | €264 | +€14 | +5.6% |
| Profit (loss) for the period | 9904 | -€38,020 | -€8,753 | +€29,267 | +77.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,020 | -€8,753 | +€29,267 | +77.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.