E.J.D.V.: 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.J.D.V.
Largest movements
- Tangible fixed assets -€10,212
down €10,212 (-4.6%), from €221,548 to €211,336
of which Land and buildings: -€6,228
- Cash +€7,233
up €7,233 (+777%), from €931 to €8,164
mainly Depreciation (+€10,628) and Net result for the year (+€6,658)
- Debts after one year -€9,222
down €9,222 (-5.5%), from €166,527 to €157,305
- Profit (loss) carried forward +€6,658
up €6,658 (+76.3%), from -€8,731 to -€2,073
- Other operating charges +€671
up €671 (+118%), from €569 to €1,240
- Gross operating margin +€218
up €218 (+1.0%), from €20,827 to €21,045
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 | €223,451 | €220,136 | -€3,315 | -1.5% |
| Formation expenses | 20 | €859 | €442 | -€416 | -48.5% |
| Fixed assets | 21/28 | €221,548 | €211,336 | -€10,212 | -4.6% |
| Tangible fixed assets | 22/27 | €221,548 | €211,336 | -€10,212 | -4.6% |
| Land and buildings | 22 | €186,321 | €180,093 | -€6,228 | -3.3% |
| Plant, machinery and equipment | 23 | €1,368 | €1,214 | -€154 | -11.3% |
| Other tangible fixed assets | 26 | €33,859 | €30,029 | -€3,830 | -11.3% |
| Current assets | 29/58 | €1,044 | €8,358 | +€7,314 | +700% |
| Amounts receivable within one year | 40/41 | €0 | €77 | +€77 | |
| Trade receivables | 40 | €0 | €77 | +€77 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €931 | €8,164 | +€7,233 | +777% |
| Deferred charges and accrued income | 490/1 | €113 | €117 | +€4 | +3.2% |
| Total equity and liabilities | 10/49 | €223,451 | €220,136 | -€3,315 | -1.5% |
| Equity | 10/15 | -€3,691 | €2,967 | +€6,658 | |
| Contributions | 10/11 | €5,040 | €5,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,731 | -€2,073 | +€6,658 | +76.3% |
| Amounts payable | 17/49 | €227,142 | €217,170 | -€9,972 | -4.4% |
| Amounts payable after more than one year | 17 | €166,527 | €157,305 | -€9,222 | -5.5% |
| Financial debts | 170/4 | €166,527 | €157,305 | -€9,222 | -5.5% |
| Amounts payable within one year | 42/48 | €60,615 | €59,864 | -€750 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €9,098 | €9,222 | +€124 | +1.4% |
| Trade debts | 44 | €1,762 | €411 | -€1,351 | -76.7% |
| Suppliers | 440/4 | €1,762 | €411 | -€1,351 | -76.7% |
| Taxes, remuneration and social security | 45 | €1,261 | €1,141 | -€120 | -9.5% |
| Taxes | 450/3 | €1,261 | €1,141 | -€120 | -9.5% |
| Other amounts payable | 47/48 | €48,494 | €49,090 | +€596 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,495 | €10,628 | +€133 | +1.3% |
| Other operating charges | 640/8 | €569 | €1,240 | +€671 | +118% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €20,827 | €21,045 | +€218 | +1.0% |
| Operating profit (loss) | 9901 | €9,763 | €9,177 | -€586 | -6.0% |
| Financial charges | 65/66B | €2,639 | €2,519 | -€120 | -4.5% |
| Recurring financial charges | 65 | €2,639 | €2,519 | -€120 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €7,123 | €6,658 | -€466 | -6.5% |
| Profit (loss) for the period | 9904 | €7,123 | €6,658 | -€466 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,123 | €6,658 | -€466 | -6.5% |
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 21 October 2026 via checked.be.