East End: 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.
East End
Largest movements
- Receivables within one year -€12,478
down €12,478 (-66.5%), from €18,778 to €6,300
of which Trade receivables: -€18,528
- Tangible fixed assets -€11,748
down €11,748 (-25.3%), from €46,430 to €34,682
- Cash +€9,535
up €9,535 (+8.2%), from €115,595 to €125,130
mainly Receivables within one year (+€12,478) and Depreciation (+€11,748)
- Tax, wage and social debts -€15,524
down €15,524 (-95.7%), from €16,222 to €698
- Profit (loss) carried forward +€7,697
up €7,697 (+13.7%), from €56,388 to €64,085
- Other debts -€6,525
no longer reported in 2025 (was €6,525)
- Gross operating margin -€32,701
down €32,701 (-57.0%), from €57,347 to €24,646
- Taxes -€10,392
down €10,392 (-77.4%), from €13,420 to €3,028
- Depreciation +€1,687
up €1,687 (+16.8%), from €10,061 to €11,748
- Staff costs +€703
up €703 (+66.1%), from €1,063 to €1,766
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 | €180,803 | €166,112 | -€14,691 | -8.1% |
| Fixed assets | 21/28 | €46,430 | €34,682 | -€11,748 | -25.3% |
| Tangible fixed assets | 22/27 | €46,430 | €34,682 | -€11,748 | -25.3% |
| Furniture and vehicles | 24 | €46,430 | €34,682 | -€11,748 | -25.3% |
| Current assets | 29/58 | €134,373 | €131,430 | -€2,943 | -2.2% |
| Amounts receivable within one year | 40/41 | €18,778 | €6,300 | -€12,478 | -66.5% |
| Trade receivables | 40 | €18,528 | - | -€18,528 | |
| Other amounts receivable | 41 | €250 | €6,300 | +€6,050 | +2420.0% |
| Cash at bank and in hand | 54/58 | €115,595 | €125,130 | +€9,535 | +8.2% |
| Total equity and liabilities | 10/49 | €180,803 | €166,112 | -€14,691 | -8.1% |
| Equity | 10/15 | €157,388 | €165,085 | +€7,697 | +4.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | - | -€100,000 | |
| Other | 1319 | €100,000 | - | -€100,000 | |
| Distributable reserves | 133 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | €56,388 | €64,085 | +€7,697 | +13.7% |
| Amounts payable | 17/49 | €23,415 | €1,027 | -€22,388 | -95.6% |
| Amounts payable within one year | 42/48 | €23,415 | €1,027 | -€22,388 | -95.6% |
| Trade debts | 44 | €668 | €329 | -€339 | -50.7% |
| Suppliers | 440/4 | €668 | €329 | -€339 | -50.7% |
| Taxes, remuneration and social security | 45 | €16,222 | €698 | -€15,524 | -95.7% |
| Taxes | 450/3 | €16,222 | €698 | -€15,524 | -95.7% |
| Other amounts payable | 47/48 | €6,525 | - | -€6,525 | |
| Non-recurring operating income | 76A | €18,100 | - | -€18,100 | |
| Remuneration, social security and pensions | 62 | €1,063 | €1,766 | +€703 | +66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,061 | €11,748 | +€1,687 | +16.8% |
| Other operating charges | 640/8 | €697 | €338 | -€359 | -51.5% |
| Gross operating margin | 9900 | €57,347 | €24,646 | -€32,701 | -57.0% |
| Operating profit (loss) | 9901 | €45,526 | €10,794 | -€34,732 | -76.3% |
| Financial charges | 65/66B | €69 | €69 | = | 0.0% |
| Recurring financial charges | 65 | €69 | €69 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €45,457 | €10,725 | -€34,732 | -76.4% |
| Income taxes | 67/77 | €13,420 | €3,028 | -€10,392 | -77.4% |
| Profit (loss) for the period | 9904 | €32,037 | €7,697 | -€24,340 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,037 | €7,697 | -€24,340 | -76.0% |
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.