EA2 bvba: 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.
What changed
EA2 bvba
NACE 43.350, Other building finishing work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€63,906
2024 · €8,916+€54,991
Equity
€1.0m
2024 · €954,701+€63,906
Cash
€6,647
2024 · €15,384-€8,738
Balance sheet total
€3.5m
2024 · €3.6m-€70,568
Largest movements
Assets
- Receivables within one year -€106,028
down €106,028 (-12.2%), from €865,643 to €759,615
of which Trade receivables: -€60,697
Equity and liabilities
- Other debts -€355,505
down €355,505 (-81.2%), from €437,957 to €82,453
- Trade debts +€231,701
up €231,701 (+92.1%), from €251,443 to €483,144
- Profit (loss) carried forward +€63,906
up €63,906 (+10.6%), from €600,141 to €664,048
- Short-term financial debts -€37,784
down €37,784 (-2.4%), from €1.6m to €1.6m
Income statement
- Financial charges -€38,078
down €38,078 (-33.4%), from €113,857 to €75,779
- Other operating charges -€31,131
down €31,131 (-74.5%), from €41,779 to €10,648
- Gross operating margin -€10,972
down €10,972 (-4.2%), from €260,046 to €249,074
- Financial income -€10,318
down €10,318 (-95.1%), from €10,852 to €534
of which Non-recurring financial income: -€5,355
- Depreciation +€7,198
up €7,198 (+43.3%), from €16,640 to €23,838
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.
Result 2024
€8,916
Gross operating margin
-€10,972
Staff costs
+€3,595
Depreciation
-€7,198
Write-downs
+€2,325
Other operating charges
+€31,131
Other operating items
+€7,066
Financial income
-€10,318
Financial charges
+€38,078
Taxes
+€1,284
Result 2025
€63,906
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€95,112
Investment
-€59,245
Financing
-€44,605
Cash 2024
€15,384
From operations (derived)
+€95,112
Net result for the year
+€63,906
Depreciation
+€23,838
Stocks and contracts
-€7,933
Receivables within one year
+€106,028
Deferred charges and accrued income
-€857
Trade debts
+€231,701
Tax, wage and social debts
+€24,297
Advances received
+€4,672
Other debts
-€355,505
Accrued charges and deferred income
+€4,964
Investment (derived)
-€59,245
Investment in fixed assets (net)
-€59,245
Financing
-€44,605
Debts after one year
-€574
Current portion of long-term debt
-€6,247
Short-term financial debts
-€37,784
Cash 2025
€6,647
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,597,698 | €3,527,130 | -€70,568 | -2.0% |
| Fixed assets | 21/28 | €1,943,742 | €1,979,150 | +€35,408 | +1.8% |
| Tangible fixed assets | 22/27 | €1,937,152 | €1,972,560 | +€35,408 | +1.8% |
| Land and buildings | 22 | €66,679 | €65,150 | -€1,529 | -2.3% |
| Plant, machinery and equipment | 23 | €43,575 | €31,756 | -€11,819 | -27.1% |
| Furniture and vehicles | 24 | €17,139 | €8,576 | -€8,562 | -50.0% |
| Other tangible fixed assets | 26 | €2,000 | €16,699 | +€14,699 | +735% |
| Assets under construction and advance payments | 27 | €1,807,759 | €1,850,378 | +€42,619 | +2.4% |
| Financial fixed assets | 28 | €6,590 | €6,590 | = | 0.0% |
| Current assets | 29/58 | €1,653,956 | €1,547,980 | -€105,976 | -6.4% |
| Stocks and contracts in progress | 3 | €771,350 | €779,283 | +€7,933 | +1.0% |
| Stocks | 30/36 | €771,350 | €779,283 | +€7,933 | +1.0% |
| Amounts receivable within one year | 40/41 | €865,643 | €759,615 | -€106,028 | -12.2% |
| Trade receivables | 40 | €799,775 | €739,078 | -€60,697 | -7.6% |
| Other amounts receivable | 41 | €65,868 | €20,537 | -€45,331 | -68.8% |
| Cash at bank and in hand | 54/58 | €15,384 | €6,647 | -€8,738 | -56.8% |
| Deferred charges and accrued income | 490/1 | €1,579 | €2,436 | +€857 | +54.3% |
| Total equity and liabilities | 10/49 | €3,597,698 | €3,527,130 | -€70,568 | -2.0% |
| Equity | 10/15 | €954,701 | €1,018,608 | +€63,906 | +6.7% |
| Contributions | 10/11 | €321,200 | €321,200 | = | 0.0% |
| Reserves | 13 | €33,360 | €33,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,360 | €33,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €33,360 | €33,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €600,141 | €664,048 | +€63,906 | +10.6% |
| Amounts payable | 17/49 | €2,642,997 | €2,508,522 | -€134,475 | -5.1% |
| Amounts payable after more than one year | 17 | €574 | €0 | -€574 | -100% |
| Financial debts | 170/4 | €574 | €0 | -€574 | -100% |
| Amounts payable within one year | 42/48 | €2,541,860 | €2,402,995 | -€138,865 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €6,821 | €574 | -€6,247 | -91.6% |
| Financial debts | 43 | €1,589,783 | €1,551,999 | -€37,784 | -2.4% |
| Credit institutions | 430/8 | €1,589,783 | €1,551,999 | -€37,784 | -2.4% |
| Trade debts | 44 | €251,443 | €483,144 | +€231,701 | +92.1% |
| Suppliers | 440/4 | €251,443 | €483,144 | +€231,701 | +92.1% |
| Advances received on contracts in progress | 46 | €200,000 | €204,672 | +€4,672 | +2.3% |
| Taxes, remuneration and social security | 45 | €55,856 | €80,154 | +€24,297 | +43.5% |
| Taxes | 450/3 | €26,100 | €34,882 | +€8,782 | +33.6% |
| Remuneration and social security | 454/9 | €29,756 | €45,272 | +€15,516 | +52.1% |
| Other amounts payable | 47/48 | €437,957 | €82,453 | -€355,505 | -81.2% |
| Accrued charges and deferred income | 492/3 | €100,563 | €105,527 | +€4,964 | +4.9% |
| Remuneration, social security and pensions | 62 | €60,843 | €57,248 | -€3,595 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,640 | €23,838 | +€7,198 | +43.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,325 | €0 | -€2,325 | -100% |
| Other operating charges | 640/8 | €41,779 | €10,648 | -€31,131 | -74.5% |
| Non-recurring operating charges | 66A | €7,066 | €0 | -€7,066 | -100% |
| Gross operating margin | 9900 | €260,046 | €249,074 | -€10,972 | -4.2% |
| Operating profit (loss) | 9901 | €131,393 | €157,340 | +€25,947 | +19.7% |
| Financial income | 75/76B | €10,852 | €534 | -€10,318 | -95.1% |
| Recurring financial income | 75 | €5,497 | €534 | -€4,963 | -90.3% |
| Non-recurring financial income | 76B | €5,355 | €0 | -€5,355 | -100% |
| Financial charges | 65/66B | €113,857 | €75,779 | -€38,078 | -33.4% |
| Recurring financial charges | 65 | €113,857 | €75,779 | -€38,078 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €28,389 | €82,095 | +€53,706 | +189% |
| Income taxes | 67/77 | €19,473 | €18,189 | -€1,284 | -6.6% |
| Profit (loss) for the period | 9904 | €8,916 | €63,906 | +€54,991 | +617% |
| Profit (loss) for the period to be appropriated | 9905 | €8,916 | €63,906 | +€54,991 | +617% |
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 15 October 2026 via checked.be.