EASYKIT WEST: 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.
EASYKIT WEST
Largest movements
- Receivables within one year -€417,617
down €417,617 (-60.0%), from €696,191 to €278,573
of which Trade receivables: -€417,894
- Tangible fixed assets -€117,402
down €117,402 (-25.2%), from €466,312 to €348,910
of which Furniture and vehicles: -€81,578
- Cash -€41,241
down €41,241 (-18.9%), from €218,009 to €176,768
mainly Other debts (-€599,217) and Tax, wage and social debts (-€49,408)
- Deferred charges and accrued income -€14,872
down €14,872 (-37.4%), from €39,759 to €24,887
- Other debts -€599,217
down €599,217 (-69.8%), from €858,343 to €259,126
- Profit (loss) carried forward +€59,255
up €59,255 (+30.7%), from €192,929 to €252,184
- Tax, wage and social debts -€49,408
down €49,408 (-22.1%), from €223,551 to €174,143
of which Remuneration and social security: -€41,494
- Trade debts +€45,834
up €45,834 (+88.6%), from €51,711 to €97,545
- Provisions -€36,332
down €36,332 (-53.3%), from €68,214 to €31,882
- Gross operating margin -€1.2m
down €1.2m (-44.1%), from €2.7m to €1.5m
- Staff costs -€557,400
down €557,400 (-29.1%), from €1.9m to €1.4m
- Depreciation -€69,312
down €69,312 (-35.6%), from €194,849 to €125,537
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 | €1,481,554 | €890,422 | -€591,132 | -39.9% |
| Fixed assets | 21/28 | €527,596 | €410,194 | -€117,402 | -22.3% |
| Tangible fixed assets | 22/27 | €466,312 | €348,910 | -€117,402 | -25.2% |
| Plant, machinery and equipment | 23 | €167,262 | €137,167 | -€30,095 | -18.0% |
| Furniture and vehicles | 24 | €221,748 | €140,170 | -€81,578 | -36.8% |
| Other tangible fixed assets | 26 | €77,301 | €71,573 | -€5,728 | -7.4% |
| Financial fixed assets | 28 | €61,284 | €61,284 | = | 0.0% |
| Current assets | 29/58 | €953,959 | €480,228 | -€473,731 | -49.7% |
| Amounts receivable within one year | 40/41 | €696,191 | €278,573 | -€417,617 | -60.0% |
| Trade receivables | 40 | €696,191 | €278,297 | -€417,894 | -60.0% |
| Other amounts receivable | 41 | €0 | €277 | +€277 | |
| Cash at bank and in hand | 54/58 | €218,009 | €176,768 | -€41,241 | -18.9% |
| Deferred charges and accrued income | 490/1 | €39,759 | €24,887 | -€14,872 | -37.4% |
| Total equity and liabilities | 10/49 | €1,481,554 | €890,422 | -€591,132 | -39.9% |
| Equity | 10/15 | €260,579 | €319,834 | +€59,255 | +22.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €192,929 | €252,184 | +€59,255 | +30.7% |
| Provisions and deferred taxes | 16 | €68,214 | €31,882 | -€36,332 | -53.3% |
| Provisions for liabilities and charges | 160/5 | €68,214 | €31,882 | -€36,332 | -53.3% |
| Other liabilities and charges | 164/5 | €68,214 | €31,882 | -€36,332 | -53.3% |
| Amounts payable | 17/49 | €1,152,762 | €538,706 | -€614,056 | -53.3% |
| Amounts payable within one year | 42/48 | €1,133,605 | €530,813 | -€602,792 | -53.2% |
| Trade debts | 44 | €51,711 | €97,545 | +€45,834 | +88.6% |
| Suppliers | 440/4 | €51,711 | €97,545 | +€45,834 | +88.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €223,551 | €174,143 | -€49,408 | -22.1% |
| Taxes | 450/3 | €48,268 | €40,353 | -€7,914 | -16.4% |
| Remuneration and social security | 454/9 | €175,283 | €133,789 | -€41,494 | -23.7% |
| Other amounts payable | 47/48 | €858,343 | €259,126 | -€599,217 | -69.8% |
| Accrued charges and deferred income | 492/3 | €19,157 | €7,893 | -€11,264 | -58.8% |
| Non-recurring operating income | 76A | €500,000 | €0 | -€500,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,917,005 | €1,359,605 | -€557,400 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,849 | €125,537 | -€69,312 | -35.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€52,021 | -€36,332 | +€15,689 | +30.2% |
| Other operating charges | 640/8 | €13,132 | €7,937 | -€5,195 | -39.6% |
| Non-recurring operating charges | 66A | €0 | €8,566 | +€8,566 | |
| Gross operating margin | 9900 | €2,737,707 | €1,530,335 | -€1.2m | -44.1% |
| Operating profit (loss) | 9901 | €664,743 | €65,021 | -€599,721 | -90.2% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €1,008 | €1,043 | +€35 | +3.5% |
| Recurring financial charges | 65 | €1,008 | €1,043 | +€35 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €663,740 | €63,979 | -€599,761 | -90.4% |
| Income taxes | 67/77 | €6,650 | €4,723 | -€1,927 | -29.0% |
| Profit (loss) for the period | 9904 | €657,090 | €59,255 | -€597,834 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €657,090 | €59,255 | -€597,834 | -91.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.