E & E FINISHING: 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 FINISHING
Largest movements
- Tangible fixed assets -€28,916
down €28,916 (-12.0%), from €240,147 to €211,230
- Cash +€24,629
up €24,629 (+15.3%), from €161,213 to €185,843
mainly Net result for the year (+€40,428) and Depreciation (+€32,666)
- Current investments +€24,000
up €24,000 (+41.4%), from €58,000 to €82,000
- Reserves +€35,000
up €35,000 (+25.6%), from €136,860 to €171,860
of which Distributable reserves: +€35,000
- Debts after one year -€14,389
down €14,389 (-19.4%), from €74,319 to €59,930
- Trade debts -€11,536
down €11,536 (-90.5%), from €12,747 to €1,211
- Other debts +€6,520
up €6,520 (+77.4%), from €8,423 to €14,943
- Profit (loss) carried forward +€5,428
up €5,428 (+2.5%), from €213,372 to €218,800
- Staff costs -€102,127
down €102,127 (-66.5%), from €153,524 to €51,397
- Gross operating margin -€89,633
down €89,633 (-37.2%), from €240,873 to €151,239
- Taxes +€2,445
up €2,445 (+18.4%), from €13,287 to €15,733
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 | €511,129 | €533,857 | +€22,728 | +4.4% |
| Fixed assets | 21/28 | €240,147 | €211,230 | -€28,916 | -12.0% |
| Tangible fixed assets | 22/27 | €240,147 | €211,230 | -€28,916 | -12.0% |
| Land and buildings | 22 | €126,502 | €123,788 | -€2,714 | -2.1% |
| Plant, machinery and equipment | 23 | €53,700 | €40,857 | -€12,843 | -23.9% |
| Furniture and vehicles | 24 | €59,945 | €46,585 | -€13,360 | -22.3% |
| Current assets | 29/58 | €270,983 | €322,627 | +€51,644 | +19.1% |
| Stocks and contracts in progress | 3 | €11,936 | €11,726 | -€211 | -1.8% |
| Stocks | 30/36 | €11,936 | €11,726 | -€211 | -1.8% |
| Amounts receivable within one year | 40/41 | €37,085 | €41,153 | +€4,068 | +11.0% |
| Trade receivables | 40 | €37,085 | €41,153 | +€4,068 | +11.0% |
| Current investments | 50/53 | €58,000 | €82,000 | +€24,000 | +41.4% |
| Cash at bank and in hand | 54/58 | €161,213 | €185,843 | +€24,629 | +15.3% |
| Deferred charges and accrued income | 490/1 | €2,748 | €1,905 | -€842 | -30.7% |
| Total equity and liabilities | 10/49 | €511,129 | €533,857 | +€22,728 | +4.4% |
| Equity | 10/15 | €368,832 | €409,260 | +€40,428 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,860 | €171,860 | +€35,000 | +25.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €135,000 | €170,000 | +€35,000 | +25.9% |
| Profit (loss) carried forward | 14 | €213,372 | €218,800 | +€5,428 | +2.5% |
| Amounts payable | 17/49 | €142,297 | €124,597 | -€17,700 | -12.4% |
| Amounts payable after more than one year | 17 | €74,319 | €59,930 | -€14,389 | -19.4% |
| Financial debts | 170/4 | €74,319 | €59,930 | -€14,389 | -19.4% |
| Amounts payable within one year | 42/48 | €65,700 | €62,237 | -€3,463 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €14,030 | €14,389 | +€359 | +2.6% |
| Trade debts | 44 | €12,747 | €1,211 | -€11,536 | -90.5% |
| Suppliers | 440/4 | €12,747 | €1,211 | -€11,536 | -90.5% |
| Taxes, remuneration and social security | 45 | €30,500 | €31,695 | +€1,195 | +3.9% |
| Taxes | 450/3 | €23,146 | €25,817 | +€2,670 | +11.5% |
| Remuneration and social security | 454/9 | €7,354 | €5,878 | -€1,476 | -20.1% |
| Other amounts payable | 47/48 | €8,423 | €14,943 | +€6,520 | +77.4% |
| Accrued charges and deferred income | 492/3 | €2,278 | €2,430 | +€152 | +6.7% |
| Remuneration, social security and pensions | 62 | €153,524 | €51,397 | -€102,127 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,478 | €32,666 | +€2,188 | +7.2% |
| Other operating charges | 640/8 | €6,356 | €6,723 | +€367 | +5.8% |
| Non-recurring operating charges | 66A | -€2,168 | - | +€2,168 | |
| Gross operating margin | 9900 | €240,873 | €151,239 | -€89,633 | -37.2% |
| Operating profit (loss) | 9901 | €52,682 | €60,453 | +€7,771 | +14.8% |
| Financial income | 75/76B | €1,477 | €1,847 | +€370 | +25.1% |
| Recurring financial income | 75 | €1,477 | €1,847 | +€370 | +25.1% |
| Financial charges | 65/66B | €6,313 | €6,140 | -€173 | -2.7% |
| Recurring financial charges | 65 | €6,313 | €6,140 | -€173 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €47,846 | €56,160 | +€8,314 | +17.4% |
| Income taxes | 67/77 | €13,287 | €15,733 | +€2,445 | +18.4% |
| Profit (loss) for the period | 9904 | €34,559 | €40,428 | +€5,869 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,559 | €40,428 | +€5,869 | +17.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.