Eacend: 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.
Eacend
Largest movements
- Intangible fixed assets -€16,423
down €16,423 (-33.3%), from €49,250 to €32,827
- Cash -€710
down €710 (-85.1%), from €835 to €125
mainly Contributions, distributions and other (-€16,423) and Net result for the year (-€6,695)
- Investment grants -€16,423
down €16,423 (-33.3%), from €49,250 to €32,827
- Profit (loss) carried forward -€6,695
down €6,695 (-50.2%), from -€13,335 to -€20,030
- Debts after one year +€6,000
new in 2025: €6,000
- Trade debts +€507
up €507 (+976.3%), from €52 to €559
- Financial income +€17,407
up €17,407 (+92835.7%), from €19 to €17,425
- Depreciation +€16,404
up €16,404 (+87489.3%), from €19 to €16,423
- Gross operating margin +€4,006
up €4,006 (+34.4%), from -€11,643 to -€7,636
- Financial charges -€1,581
down €1,581 (-96.3%), from €1,642 to €61
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 | €50,632 | €33,936 | -€16,696 | -33.0% |
| Fixed assets | 21/28 | €49,250 | €32,827 | -€16,423 | -33.3% |
| Intangible fixed assets | 21 | €49,250 | €32,827 | -€16,423 | -33.3% |
| Current assets | 29/58 | €1,382 | €1,109 | -€273 | -19.8% |
| Amounts receivable within one year | 40/41 | €387 | €622 | +€235 | +60.6% |
| Trade receivables | 40 | €295 | €513 | +€218 | +73.7% |
| Other amounts receivable | 41 | €92 | €109 | +€17 | +18.8% |
| Cash at bank and in hand | 54/58 | €835 | €125 | -€710 | -85.1% |
| Deferred charges and accrued income | 490/1 | €160 | €362 | +€202 | +126.7% |
| Total equity and liabilities | 10/49 | €50,632 | €33,936 | -€16,696 | -33.0% |
| Equity | 10/15 | €40,915 | €17,798 | -€23,118 | -56.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,335 | -€20,030 | -€6,695 | -50.2% |
| Investment grants | 15 | €49,250 | €32,827 | -€16,423 | -33.3% |
| Amounts payable | 17/49 | €9,717 | €16,139 | +€6,422 | +66.1% |
| Amounts payable after more than one year | 17 | - | €6,000 | +€6,000 | |
| Financial debts | 170/4 | - | €6,000 | +€6,000 | |
| Amounts payable within one year | 42/48 | €9,658 | €10,139 | +€480 | +5.0% |
| Financial debts | 43 | €102 | €75 | -€27 | -26.3% |
| Credit institutions | 430/8 | €102 | €75 | -€27 | -26.3% |
| Trade debts | 44 | €52 | €559 | +€507 | +976.3% |
| Suppliers | 440/4 | €52 | €559 | +€507 | +976.3% |
| Other amounts payable | 47/48 | €9,505 | €9,505 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €59 | €0 | -€59 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19 | €16,423 | +€16,404 | +87489.3% |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100.0% |
| Gross operating margin | 9900 | -€11,643 | -€7,636 | +€4,006 | +34.4% |
| Operating profit (loss) | 9901 | -€11,711 | -€24,059 | -€12,348 | -105.4% |
| Financial income | 75/76B | €19 | €17,425 | +€17,407 | +92835.7% |
| Recurring financial income | 75 | €19 | €17,425 | +€17,407 | +92835.7% |
| Financial charges | 65/66B | €1,642 | €61 | -€1,581 | -96.3% |
| Recurring financial charges | 65 | €1,642 | €61 | -€1,581 | -96.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,335 | -€6,695 | +€6,640 | +49.8% |
| Profit (loss) for the period | 9904 | -€13,335 | -€6,695 | +€6,640 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,335 | -€6,695 | +€6,640 | +49.8% |
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 4 October 2026 via checked.be.