E&K CONSULT: 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&K CONSULT
Largest movements
- Current investments +€48,363
up €48,363 (+64.9%), from €74,470 to €122,833
- Cash +€46,701
up €46,701 (+29.1%), from €160,524 to €207,226
mainly Net result for the year (+€47,980) and Depreciation (+€47,387)
- Tangible fixed assets -€37,068
down €37,068 (-2.8%), from €1.3m to €1.3m
of which Land and buildings: -€36,159
- Reserves +€47,980
up €47,980 (+16.9%), from €283,226 to €331,206
- Financial charges -€47,230
down €47,230, from €677 to -€46,553
- Gross operating margin -€32,009
down €32,009 (-37.0%), from €86,523 to €54,514
- Taxes -€7,366
down €7,366 (-84.7%), from €8,701 to €1,335
- Financial income +€1,390
up €1,390 (+36.1%), from €3,854 to €5,245
- Other operating charges +€1,247
up €1,247 (+14.9%), from €8,363 to €9,610
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 | €1,576,653 | €1,626,908 | +€50,256 | +3.2% |
| Fixed assets | 21/28 | €1,327,610 | €1,290,542 | -€37,068 | -2.8% |
| Tangible fixed assets | 22/27 | €1,327,269 | €1,290,201 | -€37,068 | -2.8% |
| Land and buildings | 22 | €1,325,934 | €1,289,775 | -€36,159 | -2.7% |
| Furniture and vehicles | 24 | €1,335 | €426 | -€909 | -68.1% |
| Financial fixed assets | 28 | €341 | €341 | = | 0.0% |
| Current assets | 29/58 | €249,043 | €336,367 | +€87,324 | +35.1% |
| Amounts receivable within one year | 40/41 | €13,097 | €5,508 | -€7,589 | -57.9% |
| Trade receivables | 40 | €3,885 | €849 | -€3,036 | -78.2% |
| Other amounts receivable | 41 | €9,212 | €4,659 | -€4,553 | -49.4% |
| Current investments | 50/53 | €74,470 | €122,833 | +€48,363 | +64.9% |
| Cash at bank and in hand | 54/58 | €160,524 | €207,226 | +€46,701 | +29.1% |
| Deferred charges and accrued income | 490/1 | €951 | €800 | -€151 | -15.9% |
| Total equity and liabilities | 10/49 | €1,576,653 | €1,626,908 | +€50,256 | +3.2% |
| Equity | 10/15 | €301,826 | €349,806 | +€47,980 | +15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €283,226 | €331,206 | +€47,980 | +16.9% |
| Distributable reserves | 133 | €283,226 | €331,206 | +€47,980 | +16.9% |
| Amounts payable | 17/49 | €1,274,826 | €1,277,102 | +€2,276 | +0.2% |
| Amounts payable after more than one year | 17 | €1,110,014 | €1,110,150 | +€136 | 0.0% |
| Other amounts payable | 178/9 | €1,110,014 | €1,110,150 | +€136 | 0.0% |
| Amounts payable within one year | 42/48 | €160,639 | €162,596 | +€1,958 | +1.2% |
| Trade debts | 44 | €3,950 | €4,182 | +€232 | +5.9% |
| Suppliers | 440/4 | €3,950 | €4,182 | +€232 | +5.9% |
| Taxes, remuneration and social security | 45 | €1,254 | €1,592 | +€338 | +27.0% |
| Taxes | 450/3 | €1,254 | €1,592 | +€338 | +27.0% |
| Other amounts payable | 47/48 | €155,434 | €156,821 | +€1,387 | +0.9% |
| Accrued charges and deferred income | 492/3 | €4,174 | €4,356 | +€182 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,093 | €47,387 | -€707 | -1.5% |
| Other operating charges | 640/8 | €8,363 | €9,610 | +€1,247 | +14.9% |
| Gross operating margin | 9900 | €86,523 | €54,514 | -€32,009 | -37.0% |
| Operating profit (loss) | 9901 | €30,067 | -€2,482 | -€32,550 | |
| Financial income | 75/76B | €3,854 | €5,245 | +€1,390 | +36.1% |
| Recurring financial income | 75 | €3,854 | €5,245 | +€1,390 | +36.1% |
| Financial charges | 65/66B | €677 | -€46,553 | -€47,230 | |
| Recurring financial charges | 65 | €677 | -€46,553 | -€47,230 | |
| Profit (loss) for the period before taxes | 9903 | €33,244 | €49,316 | +€16,071 | +48.3% |
| Income taxes | 67/77 | €8,701 | €1,335 | -€7,366 | -84.7% |
| Profit (loss) for the period | 9904 | €24,543 | €47,980 | +€23,437 | +95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,543 | €47,980 | +€23,437 | +95.5% |
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.