EAQ: 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.
EAQ
Largest movements
- Current investments +€351,303
up €351,303 (+71.4%), from €491,730 to €843,033
- Financial fixed assets -€52,000
down €52,000 (-99.8%), from €52,099 to €99
- Cash -€37,896
down €37,896 (-62.0%), from €61,169 to €23,273
mainly Current investments (-€351,303) and Trade debts (-€1,377)
- Receivables within one year -€28,223
down €28,223 (-65.8%), from €42,915 to €14,692
of which Trade receivables: -€28,375
- Reserves +€223,053
up €223,053 (+36.3%), from €614,145 to €837,198
of which Distributable reserves: +€223,053
- Gross operating margin +€139,967
up €139,967 (+105.9%), from €132,112 to €272,078
- Financial charges +€13,936
up €13,936 (+727.9%), from €1,915 to €15,850
- Financial income +€5,065
up €5,065 (+28.9%), from €17,535 to €22,600
- Taxes +€4,419
up €4,419 (+9.5%), from €46,307 to €50,725
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €658,177 | €887,142 | +€228,965 | +34.8% |
| Fixed assets | 21/28 | €59,915 | €4,651 | -€55,264 | -92.2% |
| Tangible fixed assets | 22/27 | €7,816 | €4,552 | -€3,264 | -41.8% |
| Furniture and vehicles | 24 | €7,816 | €4,552 | -€3,264 | -41.8% |
| Financial fixed assets | 28 | €52,099 | €99 | -€52,000 | -99.8% |
| Current assets | 29/58 | €598,262 | €882,491 | +€284,229 | +47.5% |
| Amounts receivable within one year | 40/41 | €42,915 | €14,692 | -€28,223 | -65.8% |
| Trade receivables | 40 | €42,912 | €14,536 | -€28,375 | -66.1% |
| Other amounts receivable | 41 | €3 | €156 | +€153 | +5190.5% |
| Current investments | 50/53 | €491,730 | €843,033 | +€351,303 | +71.4% |
| Cash at bank and in hand | 54/58 | €61,169 | €23,273 | -€37,896 | -62.0% |
| Deferred charges and accrued income | 490/1 | €2,448 | €1,493 | -€955 | -39.0% |
| Total equity and liabilities | 10/49 | €658,177 | €887,142 | +€228,965 | +34.8% |
| Equity | 10/15 | €637,678 | €860,731 | +€223,053 | +35.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €614,145 | €837,198 | +€223,053 | +36.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €614,145 | €837,198 | +€223,053 | +36.3% |
| Profit (loss) carried forward | 14 | €4,933 | €4,933 | = | 0.0% |
| Amounts payable | 17/49 | €20,499 | €26,411 | +€5,912 | +28.8% |
| Amounts payable within one year | 42/48 | €20,324 | €26,411 | +€6,086 | +29.9% |
| Trade debts | 44 | €2,154 | €777 | -€1,377 | -63.9% |
| Suppliers | 440/4 | €2,154 | €777 | -€1,377 | -63.9% |
| Taxes, remuneration and social security | 45 | €18,171 | €25,633 | +€7,463 | +41.1% |
| Taxes | 450/3 | €18,171 | €25,633 | +€7,463 | +41.1% |
| Accrued charges and deferred income | 492/3 | €174 | €0 | -€174 | -100.0% |
| Non-recurring operating income | 76A | €6,000 | €178,000 | +€172,000 | +2866.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,976 | €3,264 | +€1,288 | +65.2% |
| Other operating charges | 640/8 | €1,584 | €1,786 | +€202 | +12.7% |
| Gross operating margin | 9900 | €132,112 | €272,078 | +€139,967 | +105.9% |
| Operating profit (loss) | 9901 | €128,552 | €267,029 | +€138,477 | +107.7% |
| Financial income | 75/76B | €17,535 | €22,600 | +€5,065 | +28.9% |
| Recurring financial income | 75 | €17,535 | €22,600 | +€5,065 | +28.9% |
| Financial charges | 65/66B | €1,915 | €15,850 | +€13,936 | +727.9% |
| Recurring financial charges | 65 | €1,915 | €15,850 | +€13,936 | +727.9% |
| Profit (loss) for the period before taxes | 9903 | €144,172 | €273,778 | +€129,606 | +89.9% |
| Income taxes | 67/77 | €46,307 | €50,725 | +€4,419 | +9.5% |
| Profit (loss) for the period | 9904 | €97,865 | €223,053 | +€125,188 | +127.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,865 | €223,053 | +€125,188 | +127.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.