E - WAY: 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 - WAY
Largest movements
- Cash +€1
new in 2025: €1
mainly Other debts (+€697)
- Other debts +€697
up €697 (+4.4%), from €16,009 to €16,706
- Profit (loss) carried forward -€678
down €678 (-2.2%), from -€30,288 to -€30,965
- Short-term financial debts -€18
no longer reported in 2025 (was €18)
- Gross operating margin +€26
up €26 (+9.5%), from -€273 to -€247
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
- Financial charges +€10
up €10 (+46.8%), from €21 to €31
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 | - | €1 | +€1 | |
| Current assets | 29/58 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | - | €1 | +€1 | |
| Total equity and liabilities | 10/49 | - | €1 | +€1 | |
| Equity | 10/15 | -€16,028 | -€16,705 | -€678 | -4.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€30,288 | -€30,965 | -€678 | -2.2% |
| Amounts payable | 17/49 | €16,028 | €16,706 | +€679 | +4.2% |
| Amounts payable within one year | 42/48 | €16,028 | €16,706 | +€679 | +4.2% |
| Financial debts | 43 | €18 | - | -€18 | |
| Credit institutions | 430/8 | €18 | - | -€18 | |
| Other amounts payable | 47/48 | €16,009 | €16,706 | +€697 | +4.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€273 | -€247 | +€26 | +9.5% |
| Operating profit (loss) | 9901 | -€660 | -€647 | +€13 | +2.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €21 | €31 | +€10 | +46.8% |
| Recurring financial charges | 65 | €21 | €31 | +€10 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | -€681 | -€678 | +€4 | +0.5% |
| Profit (loss) for the period | 9904 | -€681 | -€678 | +€4 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€681 | -€678 | +€4 | +0.5% |
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.