E&E: 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&E
Largest movements
- Receivables within one year +€1,203
up €1,203 (+8.9%), from €13,473 to €14,676
of which Other amounts receivable: +€886
- Cash -€433
down €433 (-6.4%), from €6,792 to €6,359
mainly Receivables within one year (-€1,203) and Investment in fixed assets (net) (-€794)
- Tangible fixed assets +€277
up €277 (+17.4%), from €1,592 to €1,869
of which Plant, machinery and equipment: +€655
- Profit (loss) carried forward +€1,028
up €1,028 (+9.9%), from €10,413 to €11,442
- Gross operating margin -€12,750
down €12,750 (-87.0%), from €14,657 to €1,907
- Purchases and services +€7,067
up €7,067 (+8.8%), from €80,650 to €87,716
- Turnover -€5,719
down €5,719 (-6.0%), from €95,307 to €89,588
- Taxes -€2,792
down €2,792 (-98.8%), from €2,827 to €34
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 | €21,857 | €22,904 | +€1,047 | +4.8% |
| Fixed assets | 21/28 | €1,592 | €1,869 | +€277 | +17.4% |
| Tangible fixed assets | 22/27 | €1,592 | €1,869 | +€277 | +17.4% |
| Plant, machinery and equipment | 23 | €589 | €1,244 | +€655 | +111.2% |
| Furniture and vehicles | 24 | €1,003 | €625 | -€378 | -37.7% |
| Current assets | 29/58 | €20,265 | €21,035 | +€770 | +3.8% |
| Amounts receivable within one year | 40/41 | €13,473 | €14,676 | +€1,203 | +8.9% |
| Trade receivables | 40 | €10,027 | €10,343 | +€317 | +3.2% |
| Other amounts receivable | 41 | €3,447 | €4,333 | +€886 | +25.7% |
| Cash at bank and in hand | 54/58 | €6,792 | €6,359 | -€433 | -6.4% |
| Total equity and liabilities | 10/49 | €21,857 | €22,904 | +€1,047 | +4.8% |
| Equity | 10/15 | €12,413 | €13,442 | +€1,028 | +8.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,413 | €11,442 | +€1,028 | +9.9% |
| Amounts payable | 17/49 | €9,444 | €9,462 | +€19 | +0.2% |
| Amounts payable within one year | 42/48 | €9,444 | €9,462 | +€19 | +0.2% |
| Trade debts | 44 | €162 | €2 | -€161 | -99.1% |
| Suppliers | 440/4 | €162 | €2 | -€161 | -99.1% |
| Taxes, remuneration and social security | 45 | €2,827 | €2,861 | +€34 | +1.2% |
| Taxes | 450/3 | €2,827 | €2,861 | +€34 | +1.2% |
| Other amounts payable | 47/48 | €6,454 | €6,600 | +€145 | +2.2% |
| Turnover | 70 | €95,307 | €89,588 | -€5,719 | -6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €80,650 | €87,716 | +€7,067 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238 | €517 | +€279 | +117.1% |
| Other operating charges | 640/8 | €268 | €120 | -€148 | -55.2% |
| Gross operating margin | 9900 | €14,657 | €1,907 | -€12,750 | -87.0% |
| Operating profit (loss) | 9901 | €14,151 | €1,270 | -€12,881 | -91.0% |
| Financial charges | 65/66B | €910 | €207 | -€703 | -77.2% |
| Recurring financial charges | 65 | €910 | €207 | -€703 | -77.2% |
| Profit (loss) for the period before taxes | 9903 | €13,240 | €1,063 | -€12,177 | -92.0% |
| Income taxes | 67/77 | €2,827 | €34 | -€2,792 | -98.8% |
| Profit (loss) for the period | 9904 | €10,413 | €1,028 | -€9,385 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,413 | €1,028 | -€9,385 | -90.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.