E-Plus: 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-Plus
Largest movements
- Tangible fixed assets -€10,435
down €10,435 (-18.7%), from €55,733 to €45,299
of which Leasing and similar rights: -€13,240
- Receivables within one year -€5,744
down €5,744 (-20.1%), from €28,617 to €22,873
of which Trade receivables: -€8,517
- Cash +€3,313
up €3,313 (+2.1%), from €154,737 to €158,049
mainly Depreciation (+€19,879) and Other debts (+€14,627)
- Other debts +€14,627
up €14,627 (+352.4%), from €4,151 to €18,778
- Profit (loss) carried forward -€14,535
new in 2025: -€14,535
- Debts after one year -€11,895
down €11,895 (-32.8%), from €36,266 to €24,372
- Gross operating margin -€126,964
down €126,964 (-95.0%), from €133,607 to €6,643
- Taxes -€26,272
down €26,272 (-98.8%), from €26,579 to €307
- Depreciation +€10,490
up €10,490 (+111.7%), from €9,389 to €19,879
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 | €240,762 | €227,996 | -€12,766 | -5.3% |
| Fixed assets | 21/28 | €55,733 | €45,299 | -€10,435 | -18.7% |
| Tangible fixed assets | 22/27 | €55,733 | €45,299 | -€10,435 | -18.7% |
| Land and buildings | 22 | €197 | - | -€197 | |
| Plant, machinery and equipment | 23 | €2,812 | €586 | -€2,226 | -79.2% |
| Furniture and vehicles | 24 | €4,286 | €9,514 | +€5,228 | +122.0% |
| Leasing and similar rights | 25 | €48,439 | €35,199 | -€13,240 | -27.3% |
| Current assets | 29/58 | €185,028 | €182,698 | -€2,331 | -1.3% |
| Amounts receivable within one year | 40/41 | €28,617 | €22,873 | -€5,744 | -20.1% |
| Trade receivables | 40 | €26,696 | €18,179 | -€8,517 | -31.9% |
| Other amounts receivable | 41 | €1,921 | €4,694 | +€2,773 | +144.3% |
| Cash at bank and in hand | 54/58 | €154,737 | €158,049 | +€3,313 | +2.1% |
| Deferred charges and accrued income | 490/1 | €1,675 | €1,775 | +€100 | +6.0% |
| Total equity and liabilities | 10/49 | €240,762 | €227,996 | -€12,766 | -5.3% |
| Equity | 10/15 | €182,998 | €168,462 | -€14,535 | -7.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €164,448 | €164,448 | = | 0.0% |
| Distributable reserves | 133 | €164,448 | €164,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,535 | -€14,535 | |
| Amounts payable | 17/49 | €57,764 | €59,534 | +€1,770 | +3.1% |
| Amounts payable after more than one year | 17 | €36,266 | €24,372 | -€11,895 | -32.8% |
| Financial debts | 170/4 | €36,266 | €24,372 | -€11,895 | -32.8% |
| Amounts payable within one year | 42/48 | €21,498 | €35,162 | +€13,665 | +63.6% |
| Current portion of amounts payable after more than one year | 42 | €11,778 | €11,895 | +€117 | +1.0% |
| Trade debts | 44 | €3,111 | €750 | -€2,361 | -75.9% |
| Suppliers | 440/4 | €3,111 | €750 | -€2,361 | -75.9% |
| Taxes, remuneration and social security | 45 | €2,458 | €3,740 | +€1,282 | +52.1% |
| Taxes | 450/3 | €2,458 | €3,548 | +€1,090 | +44.3% |
| Remuneration and social security | 454/9 | - | €192 | +€192 | |
| Other amounts payable | 47/48 | €4,151 | €18,778 | +€14,627 | +352.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,389 | €19,879 | +€10,490 | +111.7% |
| Other operating charges | 640/8 | €547 | €440 | -€107 | -19.5% |
| Gross operating margin | 9900 | €133,607 | €6,643 | -€126,964 | -95.0% |
| Operating profit (loss) | 9901 | €123,670 | -€13,676 | -€137,347 | |
| Financial income | 75/76B | €7 | €2 | -€5 | -68.8% |
| Recurring financial income | 75 | €7 | €2 | -€5 | -68.8% |
| Financial charges | 65/66B | €1,144 | €555 | -€589 | -51.5% |
| Recurring financial charges | 65 | €1,144 | €555 | -€589 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €122,534 | -€14,229 | -€136,763 | |
| Income taxes | 67/77 | €26,579 | €307 | -€26,272 | -98.8% |
| Profit (loss) for the period | 9904 | €95,956 | -€14,535 | -€110,491 | |
| Profit (loss) for the period to be appropriated | 9905 | €95,956 | -€14,535 | -€110,491 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.