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EATCAN: 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.

What changed

EATCAN

BE 0770.360.934
NACE 38.110, Waste collection, recovery and disposal activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€208,879
2024 · -€162,716-€46,163
Equity
-€528,479
2024 · -€319,600-€208,879
Cash
€121
2024 · €159-€38
Balance sheet total
€443,156
2024 · €592,069-€148,914

Largest movements

2024 to 2025
Assets
  • Intangible fixed assets -€140,214

    down €140,214 (-25.3%), from €554,990 to €414,776

  • Receivables within one year -€8,208

    down €8,208 (-24.2%), from €33,889 to €25,681

    of which Other amounts receivable: -€5,408

Equity and liabilities
  • Profit (loss) carried forward -€208,879

    down €208,879 (-65.1%), from -€321,100 to -€529,979

  • Debts after one year +€69,012

    up €69,012 (+8.3%), from €830,603 to €899,615

  • Tax, wage and social debts -€7,891

    down €7,891 (-21.5%), from €36,619 to €28,728

    of which Remuneration and social security: -€4,484

Income statement
  • Staff costs -€80,901

    down €80,901 (-67.1%), from €120,506 to €39,605

  • Gross operating margin -€78,804

    down €78,804, from €58,415 to -€20,390

  • Depreciation +€46,167

    up €46,167 (+48.6%), from €94,971 to €141,137

  • Financial charges +€2,180

    up €2,180 (+42.2%), from €5,167 to €7,348

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€162,716
Gross operating margin -€78,804
Staff costs +€80,901
Depreciation -€46,167
Other operating charges +€88
Financial charges -€2,180
Result 2025 -€208,879
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€66,345
Investment -€2,705
Financing +€69,012
Cash 2024 €159
Net result for the year -€208,879
Depreciation +€141,137
Receivables within one year +€8,208
Deferred charges and accrued income +€2,235
Trade debts +€1,900
Tax, wage and social debts -€7,891
Other debts -€3,056
Investment in fixed assets (net) -€2,705
Debts after one year +€69,012
Cash 2025 €121
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €592,069 €443,156 -€148,914 -25.2%
Fixed assets 21/28 €555,786 €417,353 -€138,432 -24.9%
Intangible fixed assets 21 €554,990 €414,776 -€140,214 -25.3%
Tangible fixed assets 22/27 €796 €2,578 +€1,782 +224%
Plant, machinery and equipment 23 €796 €2,578 +€1,782 +224%
Current assets 29/58 €36,284 €25,802 -€10,482 -28.9%
Amounts receivable within one year 40/41 €33,889 €25,681 -€8,208 -24.2%
Trade receivables 40 €28,300 €25,500 -€2,800 -9.9%
Other amounts receivable 41 €5,589 €181 -€5,408 -96.8%
Cash at bank and in hand 54/58 €159 €121 -€38 -24.0%
Deferred charges and accrued income 490/1 €2,235 - -€2,235
Total equity and liabilities 10/49 €592,069 €443,156 -€148,914 -25.2%
Equity 10/15 -€319,600 -€528,479 -€208,879 -65.4%
Contributions 10/11 €1,500 €1,500 = 0.0%
Profit (loss) carried forward 14 -€321,100 -€529,979 -€208,879 -65.1%
Amounts payable 17/49 €911,670 €971,635 +€59,965 +6.6%
Amounts payable after more than one year 17 €830,603 €899,615 +€69,012 +8.3%
Other amounts payable 178/9 €830,603 €899,615 +€69,012 +8.3%
Amounts payable within one year 42/48 €56,067 €47,020 -€9,047 -16.1%
Trade debts 44 €16,392 €18,292 +€1,900 +11.6%
Suppliers 440/4 €16,392 €18,292 +€1,900 +11.6%
Taxes, remuneration and social security 45 €36,619 €28,728 -€7,891 -21.5%
Taxes 450/3 €9,170 €5,763 -€3,407 -37.2%
Remuneration and social security 454/9 €27,449 €22,965 -€4,484 -16.3%
Other amounts payable 47/48 €3,056 - -€3,056
Accrued charges and deferred income 492/3 €25,000 €25,000 = 0.0%
Remuneration, social security and pensions 62 €120,506 €39,605 -€80,901 -67.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €94,971 €141,137 +€46,167 +48.6%
Other operating charges 640/8 €487 €400 -€88 -18.0%
Gross operating margin 9900 €58,415 -€20,390 -€78,804
Operating profit (loss) 9901 -€157,549 -€201,531 -€43,982 -27.9%
Financial charges 65/66B €5,167 €7,348 +€2,180 +42.2%
Recurring financial charges 65 €5,167 €7,348 +€2,180 +42.2%
Profit (loss) for the period before taxes 9903 -€162,716 -€208,879 -€46,163 -28.4%
Profit (loss) for the period 9904 -€162,716 -€208,879 -€46,163 -28.4%
Profit (loss) for the period to be appropriated 9905 -€162,716 -€208,879 -€46,163 -28.4%

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 17 October 2026 via checked.be.