E2 MOTION: 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.
E2 MOTION
Largest movements
- Receivables within one year +€40,672
up €40,672 (+11453.8%), from €355 to €41,028
of which Trade receivables: +€40,858
- Tangible fixed assets -€27,730
down €27,730 (-69.0%), from €40,172 to €12,441
- Cash -€24,416
down €24,416 (-24.0%), from €101,750 to €77,334
mainly Receivables within one year (-€40,672) and Contributions, distributions and other (-€21,708)
- Deferred charges and accrued income +€1,746
up €1,746 (+19.5%), from €8,951 to €10,697
- Reserves -€20,875
down €20,875 (-20.6%), from €101,349 to €80,474
- Other debts +€20,552
up €20,552 (+532.9%), from €3,857 to €24,408
- Tax, wage and social debts -€8,980
down €8,980 (-38.7%), from €23,191 to €14,211
- Gross operating margin -€14,856
down €14,856 (-29.1%), from €50,976 to €36,120
- Other operating charges +€8,780
up €8,780 (+1724.5%), from €509 to €9,289
- Taxes -€7,616
down €7,616 (-65.4%), from €11,647 to €4,031
- Depreciation +€7,372
up €7,372 (+54.1%), from €13,621 to €20,993
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 | €151,228 | €141,500 | -€9,728 | -6.4% |
| Fixed assets | 21/28 | €40,172 | €12,441 | -€27,730 | -69.0% |
| Tangible fixed assets | 22/27 | €40,172 | €12,441 | -€27,730 | -69.0% |
| Furniture and vehicles | 24 | €40,172 | €12,441 | -€27,730 | -69.0% |
| Current assets | 29/58 | €111,056 | €129,059 | +€18,002 | +16.2% |
| Amounts receivable within one year | 40/41 | €355 | €41,028 | +€40,672 | +11453.8% |
| Trade receivables | 40 | - | €40,858 | +€40,858 | |
| Other amounts receivable | 41 | €355 | €169 | -€186 | -52.3% |
| Cash at bank and in hand | 54/58 | €101,750 | €77,334 | -€24,416 | -24.0% |
| Deferred charges and accrued income | 490/1 | €8,951 | €10,697 | +€1,746 | +19.5% |
| Total equity and liabilities | 10/49 | €151,228 | €141,500 | -€9,728 | -6.4% |
| Equity | 10/15 | €121,351 | €100,640 | -€20,711 | -17.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €101,349 | €80,474 | -€20,875 | -20.6% |
| Distributable reserves | 133 | €101,349 | €80,474 | -€20,875 | -20.6% |
| Profit (loss) carried forward | 14 | €2 | €166 | +€164 | +6713.1% |
| Amounts payable | 17/49 | €29,876 | €40,860 | +€10,983 | +36.8% |
| Amounts payable within one year | 42/48 | €29,876 | €40,860 | +€10,983 | +36.8% |
| Trade debts | 44 | €2,829 | €2,241 | -€588 | -20.8% |
| Suppliers | 440/4 | €2,829 | €2,241 | -€588 | -20.8% |
| Taxes, remuneration and social security | 45 | €23,191 | €14,211 | -€8,980 | -38.7% |
| Taxes | 450/3 | €23,191 | €14,211 | -€8,980 | -38.7% |
| Other amounts payable | 47/48 | €3,857 | €24,408 | +€20,552 | +532.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,621 | €20,993 | +€7,372 | +54.1% |
| Other operating charges | 640/8 | €509 | €9,289 | +€8,780 | +1724.5% |
| Gross operating margin | 9900 | €50,976 | €36,120 | -€14,856 | -29.1% |
| Operating profit (loss) | 9901 | €36,846 | €5,838 | -€31,008 | -84.2% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €990 | €810 | -€179 | -18.1% |
| Recurring financial charges | 65 | €990 | €810 | -€179 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €35,862 | €5,028 | -€30,834 | -86.0% |
| Income taxes | 67/77 | €11,647 | €4,031 | -€7,616 | -65.4% |
| Profit (loss) for the period | 9904 | €24,215 | €997 | -€23,219 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,215 | €997 | -€23,219 | -95.9% |
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 6 October 2026 via checked.be.