E.B. TRADING: 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.B. TRADING
Largest movements
- Stocks and contracts +€67,147
up €67,147 (+30.9%), from €217,203 to €284,350
- Receivables within one year +€49,884
up €49,884 (+53.6%), from €92,986 to €142,870
of which Trade receivables: +€45,834
- Tangible fixed assets -€20,052
down €20,052 (-5.4%), from €371,195 to €351,143
of which Land and buildings: -€11,282
- Cash -€12,349
down €12,349 (-14.0%), from €88,322 to €75,973
mainly Stocks and contracts (-€67,147) and Receivables within one year (-€49,884)
- Reserves +€50,000
up €50,000 (+21.1%), from €236,860 to €286,860
- Trade debts +€49,435
up €49,435 (+755%), from €6,545 to €55,980
- Debts after one year -€38,826
down €38,826 (-33.7%), from €115,229 to €76,403
- Tax, wage and social debts +€15,288
up €15,288 (+65.8%), from €23,227 to €38,515
of which Taxes: +€14,507
- Profit (loss) carried forward +€10,870
up €10,870 (+4.0%), from €268,682 to €279,552
- Gross operating margin +€39,880
up €39,880 (+22.0%), from €180,938 to €220,818
- Taxes +€13,660
up €13,660 (+63.2%), from €21,618 to €35,278
- Other operating charges -€4,509
down €4,509 (-57.8%), from €7,808 to €3,299
- Staff costs +€3,513
up €3,513 (+5.9%), from €59,609 to €63,122
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 | €774,868 | €858,333 | +€83,465 | +10.8% |
| Fixed assets | 21/28 | €371,195 | €351,143 | -€20,052 | -5.4% |
| Tangible fixed assets | 22/27 | €371,195 | €351,143 | -€20,052 | -5.4% |
| Land and buildings | 22 | €343,047 | €331,765 | -€11,282 | -3.3% |
| Furniture and vehicles | 24 | €28,148 | €19,379 | -€8,769 | -31.2% |
| Current assets | 29/58 | €403,673 | €507,190 | +€103,517 | +25.6% |
| Stocks and contracts in progress | 3 | €217,203 | €284,350 | +€67,147 | +30.9% |
| Stocks | 30/36 | €217,203 | €284,350 | +€67,147 | +30.9% |
| Amounts receivable within one year | 40/41 | €92,986 | €142,870 | +€49,884 | +53.6% |
| Trade receivables | 40 | €89,604 | €135,438 | +€45,834 | +51.2% |
| Other amounts receivable | 41 | €3,382 | €7,432 | +€4,050 | +120% |
| Cash at bank and in hand | 54/58 | €88,322 | €75,973 | -€12,349 | -14.0% |
| Deferred charges and accrued income | 490/1 | €5,162 | €3,996 | -€1,166 | -22.6% |
| Total equity and liabilities | 10/49 | €774,868 | €858,333 | +€83,465 | +10.8% |
| Equity | 10/15 | €552,711 | €611,453 | +€58,742 | +10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,860 | €286,860 | +€50,000 | +21.1% |
| Distributable reserves | 133 | €236,860 | €286,860 | +€50,000 | +21.1% |
| Profit (loss) carried forward | 14 | €268,682 | €279,552 | +€10,870 | +4.0% |
| Investment grants | 15 | €28,569 | €26,440 | -€2,129 | -7.5% |
| Amounts payable | 17/49 | €222,157 | €246,880 | +€24,723 | +11.1% |
| Amounts payable after more than one year | 17 | €115,229 | €76,403 | -€38,826 | -33.7% |
| Financial debts | 170/4 | €115,229 | €76,403 | -€38,826 | -33.7% |
| Amounts payable within one year | 42/48 | €106,928 | €170,477 | +€63,549 | +59.4% |
| Current portion of amounts payable after more than one year | 42 | €48,423 | €47,249 | -€1,174 | -2.4% |
| Trade debts | 44 | €6,545 | €55,980 | +€49,435 | +755% |
| Suppliers | 440/4 | €6,545 | €55,980 | +€49,435 | +755% |
| Taxes, remuneration and social security | 45 | €23,227 | €38,515 | +€15,288 | +65.8% |
| Taxes | 450/3 | €16,017 | €30,524 | +€14,507 | +90.6% |
| Remuneration and social security | 454/9 | €7,210 | €7,991 | +€781 | +10.8% |
| Other amounts payable | 47/48 | €28,733 | €28,733 | -€0 | 0.0% |
| Non-recurring operating income | 76A | - | €9,074 | +€9,074 | |
| Remuneration, social security and pensions | 62 | €59,609 | €63,122 | +€3,513 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,912 | €25,366 | -€546 | -2.1% |
| Other operating charges | 640/8 | €7,808 | €3,299 | -€4,509 | -57.8% |
| Non-recurring operating charges | 66A | €375 | - | -€375 | |
| Gross operating margin | 9900 | €180,938 | €220,818 | +€39,880 | +22.0% |
| Operating profit (loss) | 9901 | €87,234 | €129,032 | +€41,798 | +47.9% |
| Financial income | 75/76B | €6,475 | €5,987 | -€488 | -7.5% |
| Recurring financial income | 75 | €6,475 | €5,987 | -€488 | -7.5% |
| Financial charges | 65/66B | €9,299 | €8,870 | -€429 | -4.6% |
| Recurring financial charges | 65 | €9,299 | €8,870 | -€429 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €84,410 | €126,148 | +€41,738 | +49.4% |
| Income taxes | 67/77 | €21,618 | €35,278 | +€13,660 | +63.2% |
| Profit (loss) for the period | 9904 | €62,792 | €90,870 | +€28,078 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,792 | €90,870 | +€28,078 | +44.7% |
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.