e-BO Enterprises: 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.
What changed
e-BO Enterprises
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4.8m
2024 · €4.0m+€879,843
Equity
€26.3m
2024 · €21.4m+€4.8m
Cash
€5.5m
2024 · €6.2m-€724,305
Balance sheet total
€33.6m
2024 · €28.6m+€5.0m
Largest movements
Assets
- Receivables within one year +€5.0m
up €5.0m (+59.9%), from €8.4m to €13.5m
of which Trade receivables: +€4.9m
- Cash -€724,305
down €724,305 (-11.7%), from €6.2m to €5.5m
mainly Receivables within one year (-€5.0m) and Investment in fixed assets (net) (-€4.2m)
- Intangible fixed assets +€525,781
up €525,781 (+9.1%), from €5.8m to €6.3m
- Stocks and contracts -€353,594
down €353,594 (-21.3%), from €1.7m to €1.3m
Equity and liabilities
- Reserves +€4.8m
up €4.8m (+22.7%), from €21.4m to €26.2m
of which Distributable reserves: +€4.8m
- Tax, wage and social debts -€541,909
down €541,909 (-29.0%), from €1.9m to €1.3m
of which Taxes: -€834,346
- Trade debts +€403,699
up €403,699 (+11.6%), from €3.5m to €3.9m
- Accrued charges and deferred income +€342,705
up €342,705 (+55.0%), from €622,916 to €965,621
Income statement
- Turnover +€3.0m
up €3.0m (+9.6%), from €31.2m to €34.2m
- Staff costs +€2.8m
up €2.8m (+33.2%), from €8.3m to €11.0m
- Services and other goods -€2.3m
down €2.3m (-21.9%), from €10.5m to €8.2m
- Other operating income -€1.1m
down €1.1m (-31.9%), from €3.5m to €2.4m
- Depreciation +€502,605
up €502,605 (+17.8%), from €2.8m to €3.3m
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.
Result 2024
€4.0m
Turnover
+€3.0m
Other operating income
-€1.1m
Goods and materials
-€266,800
Services and other goods
+€2.3m
Staff costs
-€2.8m
Depreciation
-€502,605
Write-downs
+€265,220
Other operating charges
+€20,591
Other operating items
-€18,284
Financial income
-€60,097
Financial charges
-€21,460
Taxes
+€38,819
Result 2025
€4.8m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.8m
Investment
-€4.2m
Financing
-€251,713
Cash 2024
€6.2m
From operations (derived)
+€3.8m
Net result for the year
+€4.8m
Depreciation
+€3.3m
Receivables after one year
-€27,427
Stocks and contracts
+€353,594
Receivables within one year
-€5.0m
Deferred charges and accrued income
-€131,039
Trade debts
+€403,699
Tax, wage and social debts
-€541,909
Other debts
+€230,840
Accrued charges and deferred income
+€342,705
Investment (derived)
-€4.2m
Investment in fixed assets (net)
-€4.2m
Financing
-€251,713
Debts after one year
-€210,379
Current portion of long-term debt
-€41,334
Cash 2025
€5.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,621,319 | €33,648,774 | +€5.0m | +17.6% |
| Fixed assets | 21/28 | €9,462,200 | €10,369,653 | +€907,453 | +9.6% |
| Intangible fixed assets | 21 | €5,751,672 | €6,277,452 | +€525,781 | +9.1% |
| Tangible fixed assets | 22/27 | €3,500,716 | €3,681,678 | +€180,962 | +5.2% |
| Land and buildings | 22 | €348,384 | €305,329 | -€43,056 | -12.4% |
| Plant, machinery and equipment | 23 | €1,717,909 | €1,637,296 | -€80,613 | -4.7% |
| Furniture and vehicles | 24 | €327,691 | €915,333 | +€587,642 | +179% |
| Leasing and similar rights | 25 | €1,069,286 | €790,352 | -€278,934 | -26.1% |
| Other tangible fixed assets | 26 | €37,446 | €33,369 | -€4,077 | -10.9% |
| Financial fixed assets | 28 | €209,813 | €410,523 | +€200,710 | +95.7% |
| Affiliated companies | 280/1 | €107,673 | €307,673 | +€200,000 | +186% |
| Participating interests | 280 | €107,673 | €307,673 | +€200,000 | +186% |
| Other financial fixed assets | 284/8 | €102,140 | €102,850 | +€710 | +0.7% |
| Amounts receivable and cash guarantees | 285/8 | €102,140 | €102,850 | +€710 | +0.7% |
| Current assets | 29/58 | €19,159,119 | €23,279,121 | +€4.1m | +21.5% |
| Amounts receivable after more than one year | 29 | €685,665 | €713,092 | +€27,427 | +4.0% |
| Other amounts receivable | 291 | €685,665 | €713,092 | +€27,427 | +4.0% |
| Stocks and contracts in progress | 3 | €1,660,689 | €1,307,096 | -€353,594 | -21.3% |
| Stocks | 30/36 | €1,660,689 | €1,307,096 | -€353,594 | -21.3% |
| Work in progress | 32 | €339,318 | €110,519 | -€228,800 | -67.4% |
| Goods purchased for resale | 34 | €1,321,371 | €1,196,577 | -€124,794 | -9.4% |
| Amounts receivable within one year | 40/41 | €8,411,250 | €13,450,684 | +€5.0m | +59.9% |
| Trade receivables | 40 | €7,841,337 | €12,763,733 | +€4.9m | +62.8% |
| Other amounts receivable | 41 | €569,913 | €686,952 | +€117,039 | +20.5% |
| Cash at bank and in hand | 54/58 | €6,176,201 | €5,451,896 | -€724,305 | -11.7% |
| Deferred charges and accrued income | 490/1 | €2,225,314 | €2,356,353 | +€131,039 | +5.9% |
| Total equity and liabilities | 10/49 | €28,621,319 | €33,648,774 | +€5.0m | +17.6% |
| Equity | 10/15 | €21,412,237 | €26,256,069 | +€4.8m | +22.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €21,350,737 | €26,194,569 | +€4.8m | +22.7% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €706 | €706 | = | 0.0% |
| Distributable reserves | 133 | €21,343,881 | €26,187,713 | +€4.8m | +22.7% |
| Amounts payable | 17/49 | €7,209,083 | €7,392,705 | +€183,623 | +2.5% |
| Amounts payable after more than one year | 17 | €465,408 | €255,030 | -€210,379 | -45.2% |
| Financial debts | 170/4 | €465,408 | €255,030 | -€210,379 | -45.2% |
| Leasing and similar obligations | 172 | €465,408 | €255,030 | -€210,379 | -45.2% |
| Amounts payable within one year | 42/48 | €6,120,759 | €6,172,055 | +€51,296 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €307,760 | €266,426 | -€41,334 | -13.4% |
| Trade debts | 44 | €3,476,164 | €3,879,863 | +€403,699 | +11.6% |
| Suppliers | 440/4 | €3,476,164 | €3,879,863 | +€403,699 | +11.6% |
| Taxes, remuneration and social security | 45 | €1,871,869 | €1,329,960 | -€541,909 | -29.0% |
| Taxes | 450/3 | €836,971 | €2,626 | -€834,346 | -99.7% |
| Remuneration and social security | 454/9 | €1,034,898 | €1,327,334 | +€292,437 | +28.3% |
| Other amounts payable | 47/48 | €464,964 | €695,805 | +€230,840 | +49.6% |
| Accrued charges and deferred income | 492/3 | €622,916 | €965,621 | +€342,705 | +55.0% |
| Operating income | 70/76A | €37,056,392 | €38,905,717 | +€1.8m | +5.0% |
| Turnover | 70 | €31,228,968 | €34,213,125 | +€3.0m | +9.6% |
| Own construction capitalised | 72 | €2,315,601 | €2,310,679 | -€4,922 | -0.2% |
| Other operating income | 74 | €3,462,506 | €2,359,678 | -€1.1m | -31.9% |
| Non-recurring operating income | 76A | €49,318 | €22,234 | -€27,084 | -54.9% |
| Operating charges | 60/66A | €32,925,933 | €33,852,677 | +€926,744 | +2.8% |
| Goods for resale, raw materials and consumables | 60 | €10,835,425 | €11,102,225 | +€266,800 | +2.5% |
| Purchases | 600/8 | €10,245,856 | €10,748,632 | +€502,776 | +4.9% |
| Change in stocks: decrease (increase) | 609 | €589,569 | €353,594 | -€235,976 | -40.0% |
| Services and other goods | 61 | €10,466,098 | €8,172,418 | -€2.3m | -21.9% |
| Remuneration, social security and pensions | 62 | €8,277,214 | €11,027,765 | +€2.8m | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,818,082 | €3,320,688 | +€502,605 | +17.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €325,797 | €60,577 | -€265,220 | -81.4% |
| Other operating charges | 640/8 | €189,595 | €169,003 | -€20,591 | -10.9% |
| Non-recurring operating charges | 66A | €13,722 | €0 | -€13,722 | -100% |
| Operating profit (loss) | 9901 | €4,130,459 | €5,053,040 | +€922,581 | +22.3% |
| Financial income | 75/76B | €143,029 | €82,932 | -€60,097 | -42.0% |
| Recurring financial income | 75 | €143,029 | €82,932 | -€60,097 | -42.0% |
| Income from current assets | 751 | €132,257 | €74,219 | -€58,038 | -43.9% |
| Other financial income | 752/9 | €10,772 | €8,713 | -€2,059 | -19.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €118,027 | €139,487 | +€21,460 | +18.2% |
| Recurring financial charges | 65 | €101,542 | €129,753 | +€28,211 | +27.8% |
| Debt charges | 650 | €0 | €1,800 | +€1,800 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €84,679 | €92,781 | +€8,103 | +9.6% |
| Other financial charges | 652/9 | €16,863 | €35,172 | +€18,309 | +109% |
| Non-recurring financial charges | 66B | €16,486 | €9,734 | -€6,752 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €4,155,460 | €4,996,485 | +€841,024 | +20.2% |
| Income taxes | 67/77 | €191,472 | €152,653 | -€38,819 | -20.3% |
| Taxes | 670/3 | €191,472 | €152,653 | -€38,819 | -20.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €3,963,989 | €4,843,832 | +€879,843 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,963,989 | €4,843,832 | +€879,843 | +22.2% |
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.