EASTBULK EU: 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.
EASTBULK EU
Largest movements
- Receivables within one year -€24,033
down €24,033 (-49.0%), from €49,019 to €24,986
of which Trade receivables: -€29,218
- Cash -€14,718
down €14,718 (-18.7%), from €78,523 to €63,805
mainly Trade debts (-€27,126) and Tax, wage and social debts (-€22,594)
- Tangible fixed assets +€1,581
up €1,581 (+16.5%), from €9,583 to €11,164
of which Other tangible fixed assets: +€2,357
- Trade debts -€27,126
down €27,126 (-68.9%), from €39,387 to €12,261
- Tax, wage and social debts -€22,594
no longer reported in 2025 (was €22,594)
- Reserves +€15,269
up €15,269 (+21.5%), from €71,092 to €86,361
of which Distributable reserves: +€8,969
- Other debts -€2,517
no longer reported in 2025 (was €2,517)
- Gross operating margin -€61,267
down €61,267 (-62.5%), from €97,960 to €36,693
- Taxes -€15,279
down €15,279 (-46.9%), from €32,594 to €17,315
- Depreciation +€1,209
up €1,209 (+68.8%), from €1,758 to €2,967
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 | €137,450 | €100,482 | -€36,968 | -26.9% |
| Fixed assets | 21/28 | €9,908 | €11,664 | +€1,756 | +17.7% |
| Tangible fixed assets | 22/27 | €9,583 | €11,164 | +€1,581 | +16.5% |
| Plant, machinery and equipment | 23 | - | €822 | +€822 | |
| Furniture and vehicles | 24 | €4,793 | €3,195 | -€1,598 | -33.3% |
| Other tangible fixed assets | 26 | €4,790 | €7,147 | +€2,357 | +49.2% |
| Financial fixed assets | 28 | €325 | €500 | +€175 | +53.8% |
| Current assets | 29/58 | €127,542 | €88,818 | -€38,724 | -30.4% |
| Amounts receivable within one year | 40/41 | €49,019 | €24,986 | -€24,033 | -49.0% |
| Trade receivables | 40 | €45,843 | €16,625 | -€29,218 | -63.7% |
| Other amounts receivable | 41 | €3,176 | €8,361 | +€5,185 | +163% |
| Cash at bank and in hand | 54/58 | €78,523 | €63,805 | -€14,718 | -18.7% |
| Deferred charges and accrued income | 490/1 | - | €27 | +€27 | |
| Total equity and liabilities | 10/49 | €137,450 | €100,482 | -€36,968 | -26.9% |
| Equity | 10/15 | €72,952 | €88,221 | +€15,269 | +20.9% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €71,092 | €86,361 | +€15,269 | +21.5% |
| Tax-exempt reserves | 132 | - | €6,300 | +€6,300 | |
| Distributable reserves | 133 | €71,092 | €80,061 | +€8,969 | +12.6% |
| Amounts payable | 17/49 | €64,498 | €12,261 | -€52,237 | -81.0% |
| Amounts payable within one year | 42/48 | €64,498 | €12,261 | -€52,237 | -81.0% |
| Trade debts | 44 | €39,387 | €12,261 | -€27,126 | -68.9% |
| Suppliers | 440/4 | €39,387 | €12,261 | -€27,126 | -68.9% |
| Taxes, remuneration and social security | 45 | €22,594 | - | -€22,594 | |
| Taxes | 450/3 | €22,594 | - | -€22,594 | |
| Other amounts payable | 47/48 | €2,517 | - | -€2,517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,758 | €2,967 | +€1,209 | +68.8% |
| Other operating charges | 640/8 | €978 | €941 | -€37 | -3.8% |
| Gross operating margin | 9900 | €97,960 | €36,693 | -€61,267 | -62.5% |
| Operating profit (loss) | 9901 | €95,224 | €32,785 | -€62,439 | -65.6% |
| Financial income | 75/76B | €106 | €74 | -€32 | -30.2% |
| Recurring financial income | 75 | €106 | €74 | -€32 | -30.2% |
| Financial charges | 65/66B | €261 | €275 | +€14 | +5.4% |
| Recurring financial charges | 65 | €261 | €275 | +€14 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €95,069 | €32,584 | -€62,485 | -65.7% |
| Income taxes | 67/77 | €32,594 | €17,315 | -€15,279 | -46.9% |
| Profit (loss) for the period | 9904 | €62,475 | €15,269 | -€47,206 | -75.6% |
| Transfer to tax-exempt reserves | 689 | - | €6,300 | +€6,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,475 | €8,969 | -€53,506 | -85.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.