EANCO: 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.
EANCO
Largest movements
- Current investments +€50,000
up €50,000 (+14.3%), from €350,000 to €400,000
- Cash +€47,744
up €47,744 (+41.7%), from €114,376 to €162,120
mainly Net result for the year (+€88,029) and Depreciation (+€4,129)
- Reserves +€88,029
up €88,029 (+13.6%), from €647,133 to €735,162
of which Non-distributable reserves: +€88,029
- Financial income -€1,917
down €1,917 (-20.6%), from €9,291 to €7,374
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 | €689,344 | €782,963 | +€93,619 | +13.6% |
| Fixed assets | 21/28 | €216,647 | €212,517 | -€4,129 | -1.9% |
| Tangible fixed assets | 22/27 | €216,647 | €212,517 | -€4,129 | -1.9% |
| Land and buildings | 22 | €216,647 | €212,517 | -€4,129 | -1.9% |
| Current assets | 29/58 | €472,697 | €570,445 | +€97,748 | +20.7% |
| Amounts receivable within one year | 40/41 | €5,011 | €5,011 | = | 0.0% |
| Other amounts receivable | 41 | €5,011 | €5,011 | = | 0.0% |
| Current investments | 50/53 | €350,000 | €400,000 | +€50,000 | +14.3% |
| Cash at bank and in hand | 54/58 | €114,376 | €162,120 | +€47,744 | +41.7% |
| Deferred charges and accrued income | 490/1 | €3,310 | €3,314 | +€4 | +0.1% |
| Total equity and liabilities | 10/49 | €689,344 | €782,963 | +€93,619 | +13.6% |
| Equity | 10/15 | €665,733 | €753,762 | +€88,029 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €647,133 | €735,162 | +€88,029 | +13.6% |
| Non-distributable reserves | 130/1 | €470,255 | €558,284 | +€88,029 | +18.7% |
| Reserves not available under the articles | 1311 | €470,255 | €558,284 | +€88,029 | +18.7% |
| Distributable reserves | 133 | €176,878 | €176,878 | = | 0.0% |
| Amounts payable | 17/49 | €23,611 | €29,201 | +€5,590 | +23.7% |
| Amounts payable within one year | 42/48 | €23,611 | €29,201 | +€5,590 | +23.7% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | €5,306 | €9,427 | +€4,120 | +77.7% |
| Taxes | 450/3 | €5,306 | €9,427 | +€4,120 | +77.7% |
| Other amounts payable | 47/48 | €17,917 | €19,774 | +€1,857 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,129 | €4,129 | = | 0.0% |
| Other operating charges | 640/8 | €818 | €844 | +€26 | +3.2% |
| Gross operating margin | 9900 | €126,917 | €127,040 | +€123 | +0.1% |
| Operating profit (loss) | 9901 | €121,970 | €122,067 | +€97 | +0.1% |
| Financial income | 75/76B | €9,291 | €7,374 | -€1,917 | -20.6% |
| Recurring financial income | 75 | €9,291 | €7,374 | -€1,917 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €131,261 | €129,442 | -€1,819 | -1.4% |
| Income taxes | 67/77 | €42,094 | €41,413 | -€681 | -1.6% |
| Profit (loss) for the period | 9904 | €89,167 | €88,029 | -€1,138 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €89,167 | €88,029 | -€1,138 | -1.3% |
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 10 October 2026 via checked.be.