E.A.T.: 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.T.
Largest movements
- Cash -€6,092
down €6,092 (-47.2%), from €12,906 to €6,814
mainly Other debts (-€9,306) and Trade debts (-€5,058)
- Tangible fixed assets -€3,145
down €3,145 (-23.4%), from €13,442 to €10,297
of which Plant, machinery and equipment: -€2,786
- Stocks and contracts -€1,327
down €1,327 (-68.0%), from €1,952 to €625
- Other debts -€9,306
down €9,306 (-88.9%), from €10,468 to €1,162
- Trade debts -€5,058
down €5,058 (-65.7%), from €7,693 to €2,635
- Profit (loss) carried forward +€3,940
new in 2025: €3,940
- Advances received +€759
up €759 (+116%), from €656 to €1,415
- Tax, wage and social debts -€583
no longer reported in 2025 (was €583)
- Gross operating margin -€22,544
down €22,544 (-61.5%), from €36,654 to €14,110
- Staff costs -€6,586
down €6,586 (-60.3%), from €10,916 to €4,331
- Financial charges -€1,298
down €1,298 (-72.4%), from €1,794 to €495
- Financial income -€1,192
down €1,192 (-100.0%), from €1,192 to €0
- Other operating charges +€1,117
up €1,117 (+103%), from €1,081 to €2,198
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 | €32,631 | €22,383 | -€10,248 | -31.4% |
| Fixed assets | 21/28 | €13,442 | €10,297 | -€3,145 | -23.4% |
| Tangible fixed assets | 22/27 | €13,442 | €10,297 | -€3,145 | -23.4% |
| Plant, machinery and equipment | 23 | €12,454 | €9,668 | -€2,786 | -22.4% |
| Furniture and vehicles | 24 | €989 | €629 | -€360 | -36.4% |
| Current assets | 29/58 | €19,189 | €12,086 | -€7,102 | -37.0% |
| Stocks and contracts in progress | 3 | €1,952 | €625 | -€1,327 | -68.0% |
| Stocks | 30/36 | €1,952 | €625 | -€1,327 | -68.0% |
| Amounts receivable within one year | 40/41 | €4,331 | €4,647 | +€316 | +7.3% |
| Trade receivables | 40 | €4,331 | €4,547 | +€216 | +5.0% |
| Other amounts receivable | 41 | - | €100 | +€100 | |
| Cash at bank and in hand | 54/58 | €12,906 | €6,814 | -€6,092 | -47.2% |
| Total equity and liabilities | 10/49 | €32,631 | €22,383 | -€10,248 | -31.4% |
| Equity | 10/15 | €13,231 | €17,171 | +€3,940 | +29.8% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €3,031 | €3,031 | = | 0.0% |
| Distributable reserves | 133 | €3,031 | €3,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €3,940 | +€3,940 | |
| Amounts payable | 17/49 | €19,400 | €5,212 | -€14,188 | -73.1% |
| Amounts payable within one year | 42/48 | €19,400 | €5,212 | -€14,188 | -73.1% |
| Trade debts | 44 | €7,693 | €2,635 | -€5,058 | -65.7% |
| Suppliers | 440/4 | €7,693 | €2,635 | -€5,058 | -65.7% |
| Advances received on contracts in progress | 46 | €656 | €1,415 | +€759 | +116% |
| Taxes, remuneration and social security | 45 | €583 | - | -€583 | |
| Taxes | 450/3 | €583 | - | -€583 | |
| Other amounts payable | 47/48 | €10,468 | €1,162 | -€9,306 | -88.9% |
| Remuneration, social security and pensions | 62 | €10,916 | €4,331 | -€6,586 | -60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,558 | €3,145 | +€587 | +23.0% |
| Other operating charges | 640/8 | €1,081 | €2,198 | +€1,117 | +103% |
| Gross operating margin | 9900 | €36,654 | €14,110 | -€22,544 | -61.5% |
| Operating profit (loss) | 9901 | €22,098 | €4,436 | -€17,663 | -79.9% |
| Financial income | 75/76B | €1,192 | €0 | -€1,192 | -100.0% |
| Recurring financial income | 75 | €1,192 | €0 | -€1,192 | -100.0% |
| Financial charges | 65/66B | €1,794 | €495 | -€1,298 | -72.4% |
| Recurring financial charges | 65 | €1,794 | €495 | -€1,298 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €21,497 | €3,940 | -€17,556 | -81.7% |
| Income taxes | 67/77 | €303 | - | -€303 | |
| Profit (loss) for the period | 9904 | €21,194 | €3,940 | -€17,253 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,194 | €3,940 | -€17,253 | -81.4% |
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 15 October 2026 via checked.be.