E.I.P.: 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.I.P.
Largest movements
- Receivables within one year -€18,360
down €18,360 (-52.9%), from €34,682 to €16,322
of which Trade receivables: -€9,654
- Tangible fixed assets -€1,487
down €1,487 (-42.6%), from €3,492 to €2,005
- Cash -€1,417
down €1,417 (-3.0%), from €47,117 to €45,700
mainly Contributions, distributions and other (-€35,000) and Trade debts (-€14,111)
- Profit (loss) carried forward -€33,681
down €33,681 (-98.8%), from €34,107 to €426
- Other debts +€27,529
up €27,529 (+292.4%), from €9,414 to €36,942
- Trade debts -€14,111
down €14,111 (-84.7%), from €16,668 to €2,557
of which Bills of exchange payable: -€11,160
- Contributions +€1,859
up €1,859 (+10.0%), from €18,592 to €20,451
- Reserves -€1,859
no longer reported in 2024 (was €1,859)
- Gross operating margin -€5,839
down €5,839 (-21.8%), from €26,831 to €20,992
- Staff costs +€1,582
up €1,582 (+15.2%), from €10,411 to €11,993
- Other operating charges -€886
down €886 (-13.5%), from €6,585 to €5,699
- Taxes +€275
new in 2024: €275
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,911 | €65,088 | -€20,823 | -24.2% |
| Fixed assets | 21/28 | €3,817 | €2,330 | -€1,487 | -39.0% |
| Tangible fixed assets | 22/27 | €3,492 | €2,005 | -€1,487 | -42.6% |
| Furniture and vehicles | 24 | €3,492 | €2,005 | -€1,487 | -42.6% |
| Financial fixed assets | 28 | €325 | €325 | = | 0.0% |
| Current assets | 29/58 | €82,094 | €62,759 | -€19,336 | -23.6% |
| Amounts receivable within one year | 40/41 | €34,682 | €16,322 | -€18,360 | -52.9% |
| Trade receivables | 40 | €25,976 | €16,322 | -€9,654 | -37.2% |
| Other amounts receivable | 41 | €8,706 | - | -€8,706 | |
| Cash at bank and in hand | 54/58 | €47,117 | €45,700 | -€1,417 | -3.0% |
| Deferred charges and accrued income | 490/1 | €295 | €736 | +€441 | +149.2% |
| Total equity and liabilities | 10/49 | €85,911 | €65,088 | -€20,823 | -24.2% |
| Equity | 10/15 | €54,558 | €20,877 | -€33,681 | -61.7% |
| Contributions | 10/11 | €18,592 | €20,451 | +€1,859 | +10.0% |
| Outside capital | 11 | €18,592 | €20,451 | +€1,859 | +10.0% |
| Other | 1109/19 | €18,592 | €20,451 | +€1,859 | +10.0% |
| Reserves | 13 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | €34,107 | €426 | -€33,681 | -98.8% |
| Amounts payable | 17/49 | €31,353 | €44,211 | +€12,858 | +41.0% |
| Amounts payable within one year | 42/48 | €31,353 | €44,211 | +€12,858 | +41.0% |
| Trade debts | 44 | €16,668 | €2,557 | -€14,111 | -84.7% |
| Suppliers | 440/4 | €5,508 | €2,557 | -€2,951 | -53.6% |
| Bills of exchange payable | 441 | €11,160 | - | -€11,160 | |
| Taxes, remuneration and social security | 45 | €5,272 | €4,712 | -€560 | -10.6% |
| Taxes | 450/3 | €4,086 | €2,893 | -€1,193 | -29.2% |
| Remuneration and social security | 454/9 | €1,186 | €1,818 | +€633 | +53.4% |
| Other amounts payable | 47/48 | €9,414 | €36,942 | +€27,529 | +292.4% |
| Remuneration, social security and pensions | 62 | €10,411 | €11,993 | +€1,582 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,672 | €1,487 | -€184 | -11.0% |
| Other operating charges | 640/8 | €6,585 | €5,699 | -€886 | -13.5% |
| Gross operating margin | 9900 | €26,831 | €20,992 | -€5,839 | -21.8% |
| Operating profit (loss) | 9901 | €8,164 | €1,813 | -€6,351 | -77.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1900.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1900.0% |
| Financial charges | 65/66B | €207 | €219 | +€13 | +6.2% |
| Recurring financial charges | 65 | €207 | €219 | +€13 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €7,958 | €1,594 | -€6,363 | -80.0% |
| Income taxes | 67/77 | - | €275 | +€275 | |
| Profit (loss) for the period | 9904 | €7,958 | €1,319 | -€6,639 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,958 | €1,319 | -€6,639 | -83.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.