E & A Ventures: 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 Ventures
Largest movements
- Cash -€86,912
down €86,912 (-66.4%), from €130,919 to €44,007
mainly Contributions, distributions and other (-€230,423) and Accrued charges and deferred income (-€32,474)
- Receivables after one year -€80,000
no longer reported in 2025 (was €80,000)
- Receivables within one year -€34,423
down €34,423 (-35.8%), from €96,198 to €61,775
of which Other amounts receivable: -€85,733
- Deferred charges and accrued income -€3,198
down €3,198 (-46.4%), from €6,889 to €3,691
- Profit (loss) carried forward -€185,837
down €185,837 (-80.7%), from €230,423 to €44,586
- Accrued charges and deferred income -€32,474
no longer reported in 2025 (was €32,474)
- Other debts +€16,541
new in 2025: €16,541
- Trade debts -€7,712
down €7,712 (-69.9%), from €11,029 to €3,317
- Tax, wage and social debts +€4,857
up €4,857 (+13.1%), from €37,172 to €42,029
of which Taxes: +€3,357
- Taxes +€1,823
up €1,823 (+15.5%), from €11,748 to €13,572
- Financial income +€1,725
up €1,725 (+47.9%), from €3,604 to €5,329
- Gross operating margin +€1,441
up €1,441 (+2.7%), from €54,040 to €55,481
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 | €314,099 | €109,473 | -€204,626 | -65.1% |
| Fixed assets | 21/28 | €93 | - | -€93 | |
| Tangible fixed assets | 22/27 | €93 | - | -€93 | |
| Furniture and vehicles | 24 | €93 | - | -€93 | |
| Current assets | 29/58 | €314,006 | €109,473 | -€204,533 | -65.1% |
| Amounts receivable after more than one year | 29 | €80,000 | - | -€80,000 | |
| Other amounts receivable | 291 | €80,000 | - | -€80,000 | |
| Amounts receivable within one year | 40/41 | €96,198 | €61,775 | -€34,423 | -35.8% |
| Trade receivables | 40 | €10,465 | €61,775 | +€51,310 | +490.3% |
| Other amounts receivable | 41 | €85,733 | - | -€85,733 | |
| Cash at bank and in hand | 54/58 | €130,919 | €44,007 | -€86,912 | -66.4% |
| Deferred charges and accrued income | 490/1 | €6,889 | €3,691 | -€3,198 | -46.4% |
| Total equity and liabilities | 10/49 | €314,099 | €109,473 | -€204,626 | -65.1% |
| Equity | 10/15 | €233,423 | €47,586 | -€185,837 | -79.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230,423 | €44,586 | -€185,837 | -80.7% |
| Amounts payable | 17/49 | €80,676 | €61,887 | -€18,789 | -23.3% |
| Amounts payable within one year | 42/48 | €48,202 | €61,887 | +€13,685 | +28.4% |
| Trade debts | 44 | €11,029 | €3,317 | -€7,712 | -69.9% |
| Suppliers | 440/4 | €11,029 | €3,317 | -€7,712 | -69.9% |
| Taxes, remuneration and social security | 45 | €37,172 | €42,029 | +€4,857 | +13.1% |
| Taxes | 450/3 | €37,172 | €40,529 | +€3,357 | +9.0% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | - | €16,541 | +€16,541 | |
| Accrued charges and deferred income | 492/3 | €32,474 | - | -€32,474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €93 | -€237 | -71.8% |
| Gross operating margin | 9900 | €54,040 | €55,481 | +€1,441 | +2.7% |
| Operating profit (loss) | 9901 | €53,711 | €55,388 | +€1,678 | +3.1% |
| Financial income | 75/76B | €3,604 | €5,329 | +€1,725 | +47.9% |
| Recurring financial income | 75 | €3,604 | €5,329 | +€1,725 | +47.9% |
| Financial charges | 65/66B | €2,738 | €2,560 | -€178 | -6.5% |
| Recurring financial charges | 65 | €2,738 | €2,560 | -€178 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €54,577 | €58,157 | +€3,581 | +6.6% |
| Income taxes | 67/77 | €11,748 | €13,572 | +€1,823 | +15.5% |
| Profit (loss) for the period | 9904 | €42,828 | €44,586 | +€1,758 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,828 | €44,586 | +€1,758 | +4.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.