E.J.: 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.J.
Largest movements
- Tangible fixed assets +€6,682
up €6,682 (+19.9%), from €33,629 to €40,311
of which Plant, machinery and equipment: +€4,699
- Other debts +€3,046
up €3,046 (+118.7%), from €2,567 to €5,613
- Profit (loss) carried forward +€2,805
up €2,805 (+83.3%), from €3,367 to €6,173
- Gross operating margin -€5,288
down €5,288 (-43.0%), from €12,291 to €7,004
- Other operating charges +€900
up €900 (+93.6%), from €962 to €1,862
- Taxes -€410
down €410 (-45.5%), from €901 to €491
- Depreciation +€224
up €224 (+14.9%), from €1,508 to €1,732
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 | €71,897 | €78,240 | +€6,342 | +8.8% |
| Fixed assets | 21/28 | €33,629 | €40,311 | +€6,682 | +19.9% |
| Tangible fixed assets | 22/27 | €33,629 | €40,311 | +€6,682 | +19.9% |
| Land and buildings | 22 | €10,510 | €12,585 | +€2,074 | +19.7% |
| Plant, machinery and equipment | 23 | €22,752 | €27,452 | +€4,699 | +20.7% |
| Furniture and vehicles | 24 | €366 | €274 | -€92 | -25.0% |
| Current assets | 29/58 | €38,269 | €37,929 | -€339 | -0.9% |
| Amounts receivable within one year | 40/41 | €11,195 | €11,195 | = | 0.0% |
| Trade receivables | 40 | €11,195 | €11,195 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,074 | €26,734 | -€339 | -1.3% |
| Total equity and liabilities | 10/49 | €71,897 | €78,240 | +€6,342 | +8.8% |
| Equity | 10/15 | €68,429 | €71,234 | +€2,805 | +4.1% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €56,385 | €56,385 | = | 0.0% |
| 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 | €54,525 | €54,525 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,367 | €6,173 | +€2,805 | +83.3% |
| Amounts payable | 17/49 | €3,468 | €7,005 | +€3,537 | +102.0% |
| Amounts payable within one year | 42/48 | €3,468 | €7,005 | +€3,537 | +102.0% |
| Taxes, remuneration and social security | 45 | €901 | €1,392 | +€491 | +54.5% |
| Taxes | 450/3 | €901 | €1,392 | +€491 | +54.5% |
| Other amounts payable | 47/48 | €2,567 | €5,613 | +€3,046 | +118.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,508 | €1,732 | +€224 | +14.9% |
| Other operating charges | 640/8 | €962 | €1,862 | +€900 | +93.6% |
| Gross operating margin | 9900 | €12,291 | €7,004 | -€5,288 | -43.0% |
| Operating profit (loss) | 9901 | €9,821 | €3,409 | -€6,412 | -65.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €120 | €113 | -€6 | -5.4% |
| Recurring financial charges | 65 | €120 | €113 | -€6 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €9,701 | €3,296 | -€6,405 | -66.0% |
| Income taxes | 67/77 | €901 | €491 | -€410 | -45.5% |
| Profit (loss) for the period | 9904 | €8,800 | €2,805 | -€5,995 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,800 | €2,805 | -€5,995 | -68.1% |
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 5 October 2026 via checked.be.