EAS STRATEGIES: 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.
EAS STRATEGIES
Largest movements
- Cash -€292,251
down €292,251 (-44.2%), from €661,557 to €369,306
mainly Other debts (-€272,200) and Receivables within one year (-€69,770)
- Receivables within one year +€69,770
up €69,770 (+17.0%), from €410,861 to €480,631
of which Trade receivables: +€54,209
- Tangible fixed assets -€30,592
down €30,592 (-45.8%), from €66,768 to €36,176
of which Land and buildings: -€25,616
- Other debts -€272,200
down €272,200 (-54.4%), from €500,381 to €228,181
- Trade debts +€17,720
up €17,720 (+17.2%), from €102,770 to €120,490
- Gross operating margin -€154,986
down €154,986 (-12.2%), from €1.3m to €1.1m
- Staff costs +€90,269
up €90,269 (+9.7%), from €933,689 to €1.0m
- Taxes -€78,195
down €78,195 (-80.3%), from €97,356 to €19,162
- Financial income -€61,739
down €61,739 (-99.8%), from €61,882 to €143
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,160,212 | €918,049 | -€242,163 | -20.9% |
| Fixed assets | 21/28 | €70,810 | €40,218 | -€30,592 | -43.2% |
| Tangible fixed assets | 22/27 | €66,768 | €36,176 | -€30,592 | -45.8% |
| Land and buildings | 22 | €57,517 | €31,901 | -€25,616 | -44.5% |
| Plant, machinery and equipment | 23 | €400 | €215 | -€185 | -46.3% |
| Furniture and vehicles | 24 | €8,851 | €4,060 | -€4,791 | -54.1% |
| Financial fixed assets | 28 | €4,042 | €4,042 | = | 0.0% |
| Current assets | 29/58 | €1,089,402 | €877,832 | -€211,570 | -19.4% |
| Amounts receivable within one year | 40/41 | €410,861 | €480,631 | +€69,770 | +17.0% |
| Trade receivables | 40 | €395,584 | €449,793 | +€54,209 | +13.7% |
| Other amounts receivable | 41 | €15,277 | €30,838 | +€15,561 | +102% |
| Cash at bank and in hand | 54/58 | €661,557 | €369,306 | -€292,251 | -44.2% |
| Deferred charges and accrued income | 490/1 | €16,984 | €27,894 | +€10,910 | +64.2% |
| Total equity and liabilities | 10/49 | €1,160,212 | €918,049 | -€242,163 | -20.9% |
| Equity | 10/15 | €405,941 | €406,402 | +€461 | +0.1% |
| Contributions | 10/11 | €8,065 | €8,065 | = | 0.0% |
| Reserves | 13 | €397,876 | €398,337 | +€461 | +0.1% |
| Distributable reserves | 133 | €397,876 | €398,337 | +€461 | +0.1% |
| Amounts payable | 17/49 | €754,271 | €511,647 | -€242,624 | -32.2% |
| Amounts payable within one year | 42/48 | €753,487 | €508,862 | -€244,625 | -32.5% |
| Trade debts | 44 | €102,770 | €120,490 | +€17,720 | +17.2% |
| Suppliers | 440/4 | €102,770 | €120,490 | +€17,720 | +17.2% |
| Taxes, remuneration and social security | 45 | €150,336 | €160,190 | +€9,855 | +6.6% |
| Taxes | 450/3 | €37,356 | €42,109 | +€4,753 | +12.7% |
| Remuneration and social security | 454/9 | €112,980 | €118,081 | +€5,101 | +4.5% |
| Other amounts payable | 47/48 | €500,381 | €228,181 | -€272,200 | -54.4% |
| Accrued charges and deferred income | 492/3 | €784 | €2,785 | +€2,002 | +255% |
| Remuneration, social security and pensions | 62 | €933,689 | €1,023,958 | +€90,269 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,859 | €30,592 | -€3,266 | -9.6% |
| Other operating charges | 640/8 | €8,520 | €4,805 | -€3,714 | -43.6% |
| Gross operating margin | 9900 | €1,267,781 | €1,112,795 | -€154,986 | -12.2% |
| Operating profit (loss) | 9901 | €291,714 | €53,439 | -€238,275 | -81.7% |
| Financial income | 75/76B | €61,882 | €143 | -€61,739 | -99.8% |
| Recurring financial income | 75 | €61,882 | €143 | -€61,739 | -99.8% |
| Financial charges | 65/66B | €6,938 | €5,959 | -€978 | -14.1% |
| Recurring financial charges | 65 | €6,938 | €5,959 | -€978 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €346,658 | €47,623 | -€299,036 | -86.3% |
| Income taxes | 67/77 | €97,356 | €19,162 | -€78,195 | -80.3% |
| Profit (loss) for the period | 9904 | €249,302 | €28,461 | -€220,841 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €249,302 | €28,461 | -€220,841 | -88.6% |
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 16 October 2026 via checked.be.