EAST WEST: 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 WEST
Largest movements
- Cash -€31,536
down €31,536 (-17.7%), from €178,275 to €146,739
mainly Tax, wage and social debts (-€16,808) and Net result for the year (-€12,664)
- Tax, wage and social debts -€16,808
no longer reported in 2025 (was €16,808)
- Profit (loss) carried forward -€12,664
down €12,664 (-26.5%), from €47,847 to €35,183
- Gross operating margin -€40,794
down €40,794, from €33,428 to -€7,366
- Taxes -€9,900
down €9,900 (-100.0%), from €9,900 to €0
- Depreciation +€882
up €882 (+54.3%), from €1,623 to €2,505
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 | €501,848 | €467,816 | -€34,032 | -6.8% |
| Fixed assets | 21/28 | €262,340 | €259,835 | -€2,505 | -1.0% |
| Tangible fixed assets | 22/27 | €48,894 | €46,389 | -€2,505 | -5.1% |
| Land and buildings | 22 | €44,875 | €43,225 | -€1,650 | -3.7% |
| Plant, machinery and equipment | 23 | €4,019 | €3,164 | -€855 | -21.3% |
| Financial fixed assets | 28 | €213,446 | €213,446 | = | 0.0% |
| Current assets | 29/58 | €239,508 | €207,981 | -€31,526 | -13.2% |
| Amounts receivable within one year | 40/41 | €61,233 | €61,242 | +€9 | 0.0% |
| Trade receivables | 40 | €48,733 | €48,400 | -€333 | -0.7% |
| Other amounts receivable | 41 | €12,500 | €12,842 | +€342 | +2.7% |
| Cash at bank and in hand | 54/58 | €178,275 | €146,739 | -€31,536 | -17.7% |
| Total equity and liabilities | 10/49 | €501,848 | €467,816 | -€34,032 | -6.8% |
| Equity | 10/15 | €467,755 | €455,091 | -€12,664 | -2.7% |
| Contributions | 10/11 | €111,600 | €111,600 | = | 0.0% |
| Capital | 10 | €111,600 | €111,600 | = | 0.0% |
| Issued capital | 100 | €111,600 | €111,600 | = | 0.0% |
| Revaluation surpluses | 12 | €28,607 | €28,607 | = | 0.0% |
| Reserves | 13 | €279,701 | €279,701 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,160 | €11,160 | = | 0.0% |
| Legal reserve | 130 | €11,160 | €11,160 | = | 0.0% |
| Distributable reserves | 133 | €268,541 | €268,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,847 | €35,183 | -€12,664 | -26.5% |
| Amounts payable | 17/49 | €34,093 | €12,725 | -€21,368 | -62.7% |
| Amounts payable within one year | 42/48 | €34,093 | €12,725 | -€21,368 | -62.7% |
| Trade debts | 44 | €1,461 | - | -€1,461 | |
| Suppliers | 440/4 | €1,461 | - | -€1,461 | |
| Taxes, remuneration and social security | 45 | €16,808 | - | -€16,808 | |
| Taxes | 450/3 | €16,808 | - | -€16,808 | |
| Other amounts payable | 47/48 | €15,824 | €12,725 | -€3,099 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,623 | €2,505 | +€882 | +54.3% |
| Other operating charges | 640/8 | €2,494 | €2,555 | +€60 | +2.4% |
| Gross operating margin | 9900 | €33,428 | -€7,366 | -€40,794 | |
| Operating profit (loss) | 9901 | €29,311 | -€12,426 | -€41,736 | |
| Financial income | 75/76B | €121 | - | -€121 | |
| Recurring financial income | 75 | €121 | - | -€121 | |
| Financial charges | 65/66B | €218 | €239 | +€20 | +9.4% |
| Recurring financial charges | 65 | €218 | €239 | +€20 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €29,213 | -€12,664 | -€41,878 | |
| Income taxes | 67/77 | €9,900 | €0 | -€9,900 | -100.0% |
| Profit (loss) for the period | 9904 | €19,314 | -€12,664 | -€31,978 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,314 | -€12,664 | -€31,978 |
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 27 October 2026 via checked.be.