E.I.M.D.: 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.I.M.D.
Largest movements
- Cash -€1,036
down €1,036 (-2.1%), from €48,969 to €47,933
mainly Trade debts (-€4,630) and Contributions, distributions and other (-€833)
- Receivables within one year -€1,019
down €1,019 (-4.2%), from €24,387 to €23,368
of which Trade receivables: -€4,773
- Tangible fixed assets -€820
down €820 (-18.2%), from €4,508 to €3,688
of which Furniture and vehicles: -€1,061
- Trade debts -€4,630
down €4,630 (-68.2%), from €6,790 to €2,160
- Other debts +€2,815
up €2,815 (+23.0%), from €12,262 to €15,077
- Reserves -€833
down €833 (-2.2%), from €38,711 to €37,878
of which Distributable reserves: -€833
- Gross operating margin -€4,904
down €4,904 (-64.3%), from €7,629 to €2,725
- Taxes -€1,290
down €1,290 (-59.4%), from €2,171 to €881
- Financial charges -€467
down €467 (-68.7%), from €680 to €213
- Other operating charges +€280
up €280 (+68.5%), from €408 to €688
- Depreciation +€174
up €174 (+14.5%), from €1,199 to €1,374
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 | €78,703 | €75,627 | -€3,077 | -3.9% |
| Fixed assets | 21/28 | €4,508 | €3,688 | -€820 | -18.2% |
| Tangible fixed assets | 22/27 | €4,508 | €3,688 | -€820 | -18.2% |
| Plant, machinery and equipment | 23 | €835 | €1,259 | +€425 | +50.9% |
| Furniture and vehicles | 24 | €2,248 | €1,188 | -€1,061 | -47.2% |
| Other tangible fixed assets | 26 | €1,425 | €1,241 | -€184 | -12.9% |
| Current assets | 29/58 | €74,195 | €71,938 | -€2,257 | -3.0% |
| Amounts receivable within one year | 40/41 | €24,387 | €23,368 | -€1,019 | -4.2% |
| Trade receivables | 40 | €4,923 | €150 | -€4,773 | -96.9% |
| Other amounts receivable | 41 | €19,464 | €23,218 | +€3,754 | +19.3% |
| Cash at bank and in hand | 54/58 | €48,969 | €47,933 | -€1,036 | -2.1% |
| Deferred charges and accrued income | 490/1 | €839 | €637 | -€202 | -24.1% |
| Total equity and liabilities | 10/49 | €78,703 | €75,627 | -€3,077 | -3.9% |
| Equity | 10/15 | €59,652 | €58,390 | -€1,262 | -2.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €38,711 | €37,878 | -€833 | -2.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €36,851 | €36,018 | -€833 | -2.3% |
| Profit (loss) carried forward | 14 | €2,349 | €1,920 | -€429 | -18.3% |
| Amounts payable | 17/49 | €19,052 | €17,237 | -€1,815 | -9.5% |
| Amounts payable within one year | 42/48 | €19,052 | €17,237 | -€1,815 | -9.5% |
| Trade debts | 44 | €6,790 | €2,160 | -€4,630 | -68.2% |
| Suppliers | 440/4 | €6,790 | €2,160 | -€4,630 | -68.2% |
| Other amounts payable | 47/48 | €12,262 | €15,077 | +€2,815 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,199 | €1,374 | +€174 | +14.5% |
| Other operating charges | 640/8 | €408 | €688 | +€280 | +68.5% |
| Gross operating margin | 9900 | €7,629 | €2,725 | -€4,904 | -64.3% |
| Operating profit (loss) | 9901 | €6,022 | €664 | -€5,358 | -89.0% |
| Financial income | 75/76B | €11 | €0 | -€11 | -96.7% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -96.7% |
| Financial charges | 65/66B | €680 | €213 | -€467 | -68.7% |
| Recurring financial charges | 65 | €680 | €213 | -€467 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | €5,353 | €452 | -€4,901 | -91.6% |
| Income taxes | 67/77 | €2,171 | €881 | -€1,290 | -59.4% |
| Profit (loss) for the period | 9904 | €3,182 | -€429 | -€3,611 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,182 | -€429 | -€3,611 |
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.