E-Beheer: 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-Beheer
Largest movements
- Tangible fixed assets +€69,492
up €69,492 (+24.5%), from €284,024 to €353,516
of which Assets under construction and advance payments: +€81,471
- Cash +€9,707
up €9,707 (+32.9%), from €29,546 to €39,254
mainly Net result for the year (+€87,669) and Depreciation (+€11,979)
- Reserves +€87,669
up €87,669 (+47.2%), from €185,807 to €273,475
- Trade debts -€4,848
down €4,848 (-71.8%), from €6,755 to €1,907
- Gross operating margin +€37,402
up €37,402 (+26.4%), from €141,431 to €178,834
- Taxes +€7,471
up €7,471 (+34.0%), from €21,974 to €29,444
- Depreciation +€6,439
up €6,439 (+116.2%), from €5,540 to €11,979
- Staff costs +€3,068
up €3,068 (+7.4%), from €41,232 to €44,300
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 | €343,969 | €423,426 | +€79,457 | +23.1% |
| Fixed assets | 21/28 | €284,024 | €353,516 | +€69,492 | +24.5% |
| Tangible fixed assets | 22/27 | €284,024 | €353,516 | +€69,492 | +24.5% |
| Land and buildings | 22 | €171,257 | €169,741 | -€1,515 | -0.9% |
| Plant, machinery and equipment | 23 | €2,649 | €1,661 | -€989 | -37.3% |
| Furniture and vehicles | 24 | €43,715 | €34,240 | -€9,475 | -21.7% |
| Assets under construction and advance payments | 27 | €66,403 | €147,874 | +€81,471 | +122.7% |
| Current assets | 29/58 | €59,944 | €69,910 | +€9,965 | +16.6% |
| Amounts receivable within one year | 40/41 | €27,431 | €27,067 | -€364 | -1.3% |
| Trade receivables | 40 | €27,431 | €27,067 | -€364 | -1.3% |
| Cash at bank and in hand | 54/58 | €29,546 | €39,254 | +€9,707 | +32.9% |
| Deferred charges and accrued income | 490/1 | €2,967 | €3,589 | +€622 | +21.0% |
| Total equity and liabilities | 10/49 | €343,969 | €423,426 | +€79,457 | +23.1% |
| Equity | 10/15 | €186,807 | €274,475 | +€87,669 | +46.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €185,807 | €273,475 | +€87,669 | +47.2% |
| Distributable reserves | 133 | €185,807 | €273,475 | +€87,669 | +47.2% |
| Amounts payable | 17/49 | €157,162 | €148,950 | -€8,212 | -5.2% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Financial debts | 170/4 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €117,162 | €108,950 | -€8,212 | -7.0% |
| Trade debts | 44 | €6,755 | €1,907 | -€4,848 | -71.8% |
| Suppliers | 440/4 | €6,755 | €1,907 | -€4,848 | -71.8% |
| Taxes, remuneration and social security | 45 | €37,273 | €33,548 | -€3,725 | -10.0% |
| Taxes | 450/3 | €29,355 | €27,418 | -€1,937 | -6.6% |
| Remuneration and social security | 454/9 | €7,918 | €6,130 | -€1,788 | -22.6% |
| Other amounts payable | 47/48 | €73,133 | €73,495 | +€362 | +0.5% |
| Remuneration, social security and pensions | 62 | €41,232 | €44,300 | +€3,068 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,540 | €11,979 | +€6,439 | +116.2% |
| Other operating charges | 640/8 | €462 | €1,470 | +€1,008 | +218.1% |
| Non-recurring operating charges | 66A | - | €1,832 | +€1,832 | |
| Gross operating margin | 9900 | €141,431 | €178,834 | +€37,402 | +26.4% |
| Operating profit (loss) | 9901 | €94,197 | €119,253 | +€25,055 | +26.6% |
| Financial income | 75/76B | €15 | €0 | -€15 | -97.4% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -97.4% |
| Financial charges | 65/66B | €604 | €2,140 | +€1,536 | +254.1% |
| Recurring financial charges | 65 | €604 | €2,140 | +€1,536 | +254.1% |
| Profit (loss) for the period before taxes | 9903 | €93,608 | €117,113 | +€23,505 | +25.1% |
| Income taxes | 67/77 | €21,974 | €29,444 | +€7,471 | +34.0% |
| Profit (loss) for the period | 9904 | €71,635 | €87,669 | +€16,034 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,635 | €87,669 | +€16,034 | +22.4% |
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 10 October 2026 via checked.be.