E.A.S.: 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.
E.A.S.
Largest movements
- Cash +€19,642
up €19,642 (+1894.2%), from €1,037 to €20,679
mainly Receivables within one year (+€17,857) and Net result for the year (+€12,948)
- Receivables within one year -€17,857
down €17,857 (-48.1%), from €37,152 to €19,295
of which Trade receivables: -€23,058
- Tangible fixed assets -€9,553
down €9,553 (-39.8%), from €24,017 to €14,464
of which Furniture and vehicles: -€8,728
- Reserves +€12,948
up €12,948 (+56.0%), from €23,112 to €36,060
of which Distributable reserves: +€12,948
- Trade debts -€8,457
down €8,457 (-35.6%), from €23,785 to €15,328
- Debts after one year -€6,475
down €6,475 (-56.9%), from €11,373 to €4,898
- Tax, wage and social debts -€4,277
down €4,277 (-28.4%), from €15,048 to €10,771
- Short-term financial debts -€1,172
down €1,172 (-17.6%), from €6,673 to €5,502
of which Other loans: -€6,673
- Depreciation -€12,157
down €12,157 (-56.0%), from €21,710 to €9,553
- Taxes +€4,708
up €4,708 (+155.8%), from €3,023 to €7,731
- Gross operating margin -€3,225
down €3,225 (-8.7%), from €36,955 to €33,730
- Financial charges +€425
up €425 (+21.8%), from €1,949 to €2,373
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 | €62,287 | €54,519 | -€7,768 | -12.5% |
| Fixed assets | 21/28 | €24,017 | €14,464 | -€9,553 | -39.8% |
| Tangible fixed assets | 22/27 | €24,017 | €14,464 | -€9,553 | -39.8% |
| Plant, machinery and equipment | 23 | €2,047 | €1,221 | -€826 | -40.3% |
| Furniture and vehicles | 24 | €21,970 | €13,242 | -€8,728 | -39.7% |
| Current assets | 29/58 | €38,270 | €40,055 | +€1,785 | +4.7% |
| Amounts receivable within one year | 40/41 | €37,152 | €19,295 | -€17,857 | -48.1% |
| Trade receivables | 40 | €37,152 | €14,095 | -€23,058 | -62.1% |
| Other amounts receivable | 41 | - | €5,200 | +€5,200 | |
| Current investments | 50/53 | €81 | €81 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,037 | €20,679 | +€19,642 | +1894.2% |
| Total equity and liabilities | 10/49 | €62,287 | €54,519 | -€7,768 | -12.5% |
| Equity | 10/15 | -€11,402 | €1,546 | +€12,948 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,112 | €36,060 | +€12,948 | +56.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,252 | €34,200 | +€12,948 | +60.9% |
| Profit (loss) carried forward | 14 | -€53,114 | -€53,114 | = | 0.0% |
| Amounts payable | 17/49 | €73,689 | €52,973 | -€20,716 | -28.1% |
| Amounts payable after more than one year | 17 | €11,373 | €4,898 | -€6,475 | -56.9% |
| Financial debts | 170/4 | €11,373 | €4,898 | -€6,475 | -56.9% |
| Amounts payable within one year | 42/48 | €62,316 | €48,075 | -€14,241 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €6,413 | €6,475 | +€62 | +1.0% |
| Financial debts | 43 | €6,673 | €5,502 | -€1,172 | -17.6% |
| Credit institutions | 430/8 | - | €5,502 | +€5,502 | |
| Other loans | 439 | €6,673 | - | -€6,673 | |
| Trade debts | 44 | €23,785 | €15,328 | -€8,457 | -35.6% |
| Suppliers | 440/4 | €23,785 | €15,328 | -€8,457 | -35.6% |
| Advances received on contracts in progress | 46 | €10,000 | €10,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,048 | €10,771 | -€4,277 | -28.4% |
| Taxes | 450/3 | €15,048 | €10,771 | -€4,277 | -28.4% |
| Other amounts payable | 47/48 | €397 | - | -€397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,710 | €9,553 | -€12,157 | -56.0% |
| Other operating charges | 640/8 | €1,458 | €1,278 | -€180 | -12.4% |
| Gross operating margin | 9900 | €36,955 | €33,730 | -€3,225 | -8.7% |
| Operating profit (loss) | 9901 | €13,786 | €22,899 | +€9,112 | +66.1% |
| Financial income | 75/76B | €74 | €154 | +€80 | +109.2% |
| Recurring financial income | 75 | €74 | €154 | +€80 | +109.2% |
| Financial charges | 65/66B | €1,949 | €2,373 | +€425 | +21.8% |
| Recurring financial charges | 65 | €1,949 | €2,373 | +€425 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €11,911 | €20,679 | +€8,768 | +73.6% |
| Income taxes | 67/77 | €3,023 | €7,731 | +€4,708 | +155.8% |
| Profit (loss) for the period | 9904 | €8,888 | €12,948 | +€4,060 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,888 | €12,948 | +€4,060 | +45.7% |
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.